Friedman Industries Inc $FRD
Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.
Snapshot
- Exchange
- Nasdaq Global Select Market
- Sector
- Steel Works, Blast Furnaces & Rolling & Finishing Mills
- Headquarters
- Longview, TX
- Fiscal year end
- March 31
- Shares outstanding
- 7,212,791 [10-Q 2026-08-06]
What the company doesAI summary of filing
Friedman Industries is a manufacturer and processor of metals operating in two segments: flat-roll products and tubular products. The flat-roll segment operates processing facilities across six U.S. states that use temper mills, stretcher levelers, and other equipment to cut and process sheet, plate, and coil materials to customer specifications; it generates revenue primarily from sales of company-owned inventory and also from fee-based processing and storage of customer-owned material. The tubular segment operates two electric resistance welded pipe mills in Texas that manufacture API-licensed line pipe, oil country pipe, and structural pipe, generating revenue from sales of company-owned inventory. The company sells to approximately 1,160 flat-roll customers (primarily metals distributors and fabricated metal product manufacturers in the Midwest, Southwest, and Southeast) and approximately 80 tubular customers (primarily steel and pipe distributors nationally), with flat-roll products representing 92% of fiscal 2026 sales. [10-K 2026-06-11]
Financial health
| Period | Revenue | Net income | Operating cash flow | Cash | Filing |
|---|---|---|---|---|---|
| 3 months to Jun 2026 | $239.97M | $12.78M | $7.31M | $5.03M | [10-Q 2026-08-06] |
| FY ended Mar 2025 | $444.60M | $6.08M | −$4.41M | $3.69M | [10-K 2025-06-12] |
| FY ended Mar 2024 | $516.25M | $17.34M | $4.98M | $2.89M | [10-K 2025-06-12] |
Capital structure and dilution
| Date | Shares outstanding | Filing |
|---|---|---|
| 2024-11-12 | 6,966,510 | [10-Q 2024-11-12] |
| 2025-01-23 | 6,970,536 | [10-K/A 2025-01-23] |
| 2025-02-07 | 6,970,536 | [10-Q 2025-02-07] |
| 2025-06-12 | 7,059,440 | [10-K 2025-06-12] |
| 2025-08-07 | 7,059,440 | [10-Q 2025-08-07] |
| 2025-11-10 | 7,112,182 | [10-Q 2025-11-10] |
| 2026-02-09 | 7,112,182 | [10-Q 2026-02-09] |
| 2026-08-06 | 7,212,791 | [10-Q 2026-08-06] |
Listing status
Current status: 1 Form 8-K Item 3.01 filing(s) in the last 24 months, most recent 2025-03-27. Item 3.01 covers delisting notices, failures to meet a listing rule and listing transfers; read the filing for which one.
| Date | Event | Details | Deadline | Filing |
|---|---|---|---|---|
| 2025-03-27 | 8-K Item 3.01 | Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing | — | [8-K 2025-03-27] |
Who owns it
| Date | Insider | Type | Shares | Price | Filing |
|---|---|---|---|---|---|
| 2026-06-03 | Taylor Mike J | grant | 30,000 | — | [4 2026-06-22] |
| 2026-06-03 | Larue Alex | grant | 10,000 | — | [4 2026-06-22] |
| 2026-06-03 | Chhibbar Gaurav | grant | 15,000 | — | [4 2026-06-22] |
| 2026-03-18 | Chhibbar Gaurav | buy | 400 | $16.94 | [4 2026-03-19] |
| 2026-03-09 | Taylor Mike J | buy | 500 | $18.00 | [4 2026-03-11] |
| 2026-03-03 | Taylor Mike J | buy | 400 | $18.00 | [4 2026-03-05] |
| 2026-02-23 | Taylor Mike J | buy | 100 | $18.00 | [4 2026-02-25] |
| 2026-02-19 | Chhibbar Gaurav | buy | 1,000 | $18.35 | [4 2026-02-23] |
Catalysts and calendar
| Date | Type | Title |
|---|---|---|
| 2026-09-28 | 8-K | Shareholder vote results |
| 2026-09-10 | 8-K | Material agreement entered; New financial obligation |
| 2026-08-06 | 8-K | Results of operations |
| 2026-08-06 | 10-Q | Quarterly report |
| 2026-07-28 | 13G | Beneficial ownership report (5%+ holder) |
| 2026-07-28 | DEF 14A | Proxy statement |
| 2026-07-16 | PRE 14A | Proxy statement |
| 2026-06-11 | 8-K | Results of operations |
| 2026-06-11 | 10-K | Annual report |
| 2026-03-26 | 13G/A | Beneficial ownership report (5%+ holder) |
| 2026-03-17 | 8-K | Regulation FD disclosure |
| 2026-02-11 | 13G/A | Beneficial ownership report (5%+ holder) |
Alerts for $FRD
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Facts as of . Small caps move fast; check the latest filings.