NU

Nucor Corporation stock research

Dec 31, 2025

FY2025 Q4

Nucor (NUE) Gross Margin — Quarter Ended Dec 31, 2025

Revenue decreased compared to the prior quarter, while gross profit and gross margin also declined. Relative to the same quarter one year earlier, revenue, gross profit, and gross margin all improved.

Gross margin takeaway

Quarter ended Dec 31, 2025 · FY2025 Q4

Revenue decreased compared to the prior quarter, while gross profit and gross margin also declined. Relative to the same quarter one year earlier, revenue, gross profit, and gross margin all improved.

  • Gross margin weakened from the prior quarter, driven by a proportionally larger decline in gross profit relative to revenue. The year-over-year improvement in gross margin was supported by a stronger increase in gross profit compared to revenue.
  • Compared to the immediately preceding quarter, revenue was lower and gross profit was lower, resulting in a weakened gross margin. Versus the same quarter one year earlier, revenue was higher and gross profit was higher, leading to an improved gross margin.

Gross margin snapshot

The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.

Gross margin

11.2%

Gross profit

$862.0M

Revenue

$7.7B

Cost of revenue

$6.8B

Quarter-over-quarter change

-2.7 pts

Year-over-year change

+2.4 pts

Quarterly gross margin trend

A four-quarter view of the revenue and direct-cost bridge behind gross margin.

PeriodRevenueGross profitCost of revenueGross margin
Apr 5, 2025$7.8B$605.0M$7.2B7.7%
Jul 5, 2025$8.5B$1.2B$7.2B14.5%
Oct 4, 2025$8.5B$1.2B$7.3B13.9%
Dec 31, 2025$7.7B$862.0M$6.8B11.2%

Quarterly comparisons

Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.

Previous-quarter change

Oct 4, 2025

-2.7 pts

Year-over-year change

Dec 31, 2024

+2.4 pts

What the margin says

Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.

Gross margin weakened from the prior quarter, driven by a proportionally larger decline in gross profit relative to revenue. The year-over-year improvement in gross margin was supported by a stronger increase in gross profit compared to revenue.

Compared to the immediately preceding quarter, revenue was lower and gross profit was lower, resulting in a weakened gross margin. Versus the same quarter one year earlier, revenue was higher and gross profit was higher, leading to an improved gross margin.

Monitor the trajectory of cost of revenue relative to revenue, as its movement directly influences gross margin stability.