Nucor Corporation stock research
FY2026 Q1
Nucor (NUE) Gross Margin — Quarter Ended Apr 4, 2026
Revenue and gross profit both increased compared to the prior quarter and the same quarter last year, while cost of revenue also rose. Gross margin improved versus both periods, reflecting a larger share of revenue retained as gross profit.
Gross margin takeaway
Quarter ended Apr 4, 2026 · FY2026 Q1
Revenue and gross profit both increased compared to the prior quarter and the same quarter last year, while cost of revenue also rose. Gross margin improved versus both periods, reflecting a larger share of revenue retained as gross profit.
- The strongest observable margin driver is the increase in gross profit relative to revenue, as gross margin rose from the prior quarter and the year-ago quarter. This indicates that revenue growth outpaced cost of revenue growth, leading to improved profitability at the gross level.
- Compared to the immediately preceding quarter, revenue, gross profit, and gross margin were all higher. Compared to the same quarter one year earlier, all three metrics were also higher, with gross margin showing a notable improvement.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
15.8%
Gross profit
$1.5B
Revenue
$9.5B
Cost of revenue
$8.0B
Quarter-over-quarter change
+4.6 pts
Year-over-year change
+8.1 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Jul 5, 2025 | $8.5B | $1.2B | $7.2B | 14.5% |
| Oct 4, 2025 | $8.5B | $1.2B | $7.3B | 13.9% |
| Dec 31, 2025 | $7.7B | $862.0M | $6.8B | 11.2% |
| Apr 4, 2026 | $9.5B | $1.5B | $8.0B | 15.8% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Dec 31, 2025
+4.6 pts
Year-over-year change
Apr 5, 2025
+8.1 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The strongest observable margin driver is the increase in gross profit relative to revenue, as gross margin rose from the prior quarter and the year-ago quarter. This indicates that revenue growth outpaced cost of revenue growth, leading to improved profitability at the gross level.
Compared to the immediately preceding quarter, revenue, gross profit, and gross margin were all higher. Compared to the same quarter one year earlier, all three metrics were also higher, with gross margin showing a notable improvement.
Monitor the trajectory of cost of revenue relative to revenue, as any shift in this relationship could affect gross margin stability.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| Nucor Corporation (NUE) | 15.8% |