Financial Results | Steel Dynamics 2025 Half-Year Revenue USD 8934.32 Million Net Income USD 518.87 Million

Steel Dynamics(STLD) posted the Q2 of its 2025 financial results on 7/21/2025, reporting total revenue of USD 8934.32 million in the first half of the year, down 4.21% from USD 9326.64 million year over year, reporting net income of USD 518.87 million in the first half of the year, down 49.09% from USD 1019.19 million year over year. The EPS is USD 3.45 in the first half of the year, compare with USD 6.42 last period.

[Detailed Data]

Million USD	Q2 2025	Q1 2025	Q4 2024	Q3 2024
Total Revenue	4565.12	4369.20	3872.14	4341.62
Cost of Sales	3946.66	3882.65	3430.40	3736.40
Gross Profit	618.47	486.54	441.73	605.22
Total Operating Expenses	252.99	223.53	218.81	226.85
Operating Income	365.47	263.01	222.92	378.37
Net Income	301.19	217.68	209.87	320.89
Net Income Attributable to Common Shareholders	298.73	217.15	207.29	317.80
EPS(USD)	2.01	1.45	1.36	2.06

[Company Profile]
Steel Dynamics, Inc. was incorporated in Indiana in August 1993. The company is one of the largest domestic steel producers and metal recyclers in the United States, based on estimated steelmaking and steel coating capacity of approximately 16 million tons and actual metals recycling volumes as of December 31, 2023, with one of the most diversified product and end market portfolios in the domestic steel industry, combined with meaningful downstream steel fabrication operations. The company's primary sources of revenue are currently from the manufacture and sale of steel products, the processing and sale of recycled ferrous and nonferrous metals, and the fabrication and sale of steel joists and deck products.