Nucor Corporation (NYSE:NUE), the Charlotte, North Carolina-based steel producer, filed its quarterly report on Form 10-Q with the SEC for the three months and nine months ended October 3, 2026, disclosing a sharp rise in net sales and earnings compared to the same periods in 2025.

Key Highlights

  • Third-quarter net sales of $11.249 billion, compared to $8.521 billion in the third quarter of 2025, according to the filing.
  • Net earnings attributable to Nucor stockholders of $1.319 billion for the third quarter of 2026, up from $607 million in the prior-year period.
  • Diluted earnings per share of $5.80 for the third quarter of 2026, versus $2.63 in the third quarter of 2025.
  • Nine-month net sales of $31.142 billion and net earnings attributable to Nucor stockholders of $3.218 billion for the 39 weeks ended October 3, 2026.
  • Cash and cash equivalents of $3.467 billion at October 3, 2026, up from $2.260 billion at December 31, 2025.
  • 224,944,177 shares of common stock were outstanding at October 3, 2026, as reported in the filing.
  • Capital expenditures of $1.861 billion for the nine months ended October 3, 2026, compared to $2.620 billion in the same period of 2025.

Nucor's Third-Quarter 2026 Financial Results: Sales, Earnings, and Balance Sheet Details

Nucor Corporation, incorporated in Delaware and headquartered at 1915 Rexford Road, Charlotte, North Carolina, reported total net sales of $11.249 billion for the 13-week third quarter ended October 3, 2026, compared to $8.521 billion for the same period in 2025, according to the filing. Cost of products sold for the third quarter was $8.923 billion, and marketing, administrative and other expenses were $444 million. Earnings before income taxes and noncontrolling interests reached $1.867 billion for the quarter, with a provision for income taxes of $394 million. Earnings attributable to noncontrolling interests were $154 million for the quarter.

For the nine months ended October 3, 2026, the filing reported net sales of $31.142 billion against $24.807 billion in the first nine months of 2025. Net earnings attributable to Nucor stockholders for the nine-month period were $3.218 billion, with diluted earnings per share of $14.06, compared to $5.88 in the prior-year period. The filing noted basic average shares outstanding of 226.4 million for the third quarter of 2026, reflecting ongoing share repurchases: Nucor acquired $976 million in treasury stock during the nine months ended October 3, 2026, and treasury stock stood at $13.678 billion on the balance sheet.

The condensed consolidated balance sheet as of October 3, 2026 showed total assets of $38.364 billion, up from $35.104 billion at December 31, 2025. Property, plant and equipment, net, was $16.103 billion, reflecting Nucor's capital-intensive steelmaking and steel products operations. Total Nucor stockholders' equity was $22.811 billion. Cash provided by operating activities for the nine-month period was $4.522 billion, compared to $2.435 billion in the prior-year period. Cash dividends paid during the nine months totaled $386 million, and distributions to noncontrolling interests were $314 million, according to the filing.

What Was Disclosed

Nucor filed its Form 10-Q for the quarterly period ended October 3, 2026, disclosing unaudited condensed consolidated financial statements covering both the third quarter and first nine months of fiscal 2026, including income, comprehensive income, balance sheet, and cash flow data, along with management's discussion and analysis.