FRIEDMAN INDUSTRIES INC
For the period ended Mar 31, 2026. Filed Jun 11, 2026.
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FY2026 · Filed Jun 11, 2026
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EX-13.1 · Tubular Segment
Tubular Segment
Tubular product segment sales for fiscal 2026 totaled approximately $50.8 million compared to approximately $40.0 million for fiscal 2025. Sales increased primarily due to an increase in the average selling price per ton, accompanied by an increase in the volume sold. The average per ton selling price increased from approximately $1,059 per ton for fiscal 2025 to approximately $1,225 per ton for fiscal 2026. Tons sold increased from approximately 37,500 tons in fiscal 2025 to approximately 41,500 tons in fiscal 2026. Tubular segment operations recorded earnings from operations of approximately $5.6 million for fiscal 2026 compared to a loss from operations of approximately $1.4 million in fiscal 2025.
The tubular segment purchases its inventory from a limited number of suppliers. Loss of any of these suppliers could have a material adverse effect on the Company’s business.
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