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- Net Income Swung Negative While Operating Income Rose (worsened) — The company's bottom line deteriorated despite improved operating performance, suggesting significant below-the-line expenses or losses.
Worthington Steel revenue jumps 212.4% to $2.73B, but swings to a $10.0M net loss
Filed October 13, 2026 · Period ending August 31, 2026 · Compared to 10-Q Oct 10, 2025 · ~1 min read
Key Changes
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high
Revenue surged 212.4% to $2.73B, while operating income rose 16% to $56.0M.
MD&A verify on EDGAR → -
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Net income swung to a loss of $10.0M from a profit of $36.8M a year ago, despite higher operating income, indicating a larger below-the-line deduction.
MD&A verify on EDGAR → -
high
Diluted EPS fell to -$0.20 from a prior-year profit, reflecting the net loss.
MD&A verify on EDGAR →
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Figures/quotes linked to EDGAR · Narrative written by AI · Oct 13, 2026 · How we verify