Nucor (NUE) Earnings: Q3 2026 Results and Next Report Date

The quarter ended October 3, 2026 and Nucor published the results on October 26, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison.

• Nucor's quarters end on a Saturday: Q3 2026 is the 13 weeks ended October 3, 2026, and Q3 2025 the 13 weeks ended October 4, 2025.
• Nucor's release compares the quarter mainly with the previous quarter (Q2 2026), not the year-ago quarter. Segment revenue here is net sales to external customers from the 10-Q; intercompany sales are eliminated.
• Nucor reported no adjusted EPS for Q3 2026. Its Q2 2026 adjusted figure of $4.84 excluded a $0.20 per share non-cash benefit from the revaluation of its investment in Helion.

Source: Nucor Q3 2026 results, October 26, 2026. Also in the Form 10-Q for the quarter ended October 3, 2026. Figures as reported; checked against the release on November 10, 2026.

How Nucor splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Nucor's Steel mills revenue was $7.0 billion in Q3 2026, up 35% from $5.2 billion in Q3 2025, 62% of total revenue.
• Nucor's Steel products revenue was $3.5 billion in Q3 2026, up 26% from $2.8 billion in Q3 2025, 31% of total revenue.
• Nucor's Raw materials revenue was $760 million in Q3 2026, up 31% from $578 million in Q3 2025, 7% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

Nucor gives a qualitative earnings outlook for the next quarter, compared with the quarter just reported. It does not give a revenue or EPS figure.

In its Q3 2026 release, Nucor said:

“We expect earnings in the fourth quarter of 2026 to be generally in-line with or modestly higher than the third quarter.”

“In the steel mills segment, we expect stable earnings due to higher realized pricing offset by seasonally lower volumes and higher costs.”

“In the steel products segment, we expect stable earnings on higher realized pricing and seasonally lower volumes.”

“The raw materials segment is expected to have slightly lower earnings due to lower realized DRI pricing.”

Source: Nucor Q3 2026 release, Oct 26, 2026.

This is the company's own guidance as of Oct 26, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the NUE forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

Net sales and diluted EPS attributable to Nucor stockholders, each as first reported in that quarter's release.

Nucor's next report is expected around January 25, 2027, a date estimated from its reporting history that the company has not yet confirmed. This page will show Q3 2026 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Oct 26, 2026

Nucor's net sales were $11,249 million in Q3 2026, up 32% from $8,521 million a year earlier. Most of the increase was price: the average sales price per ton to outside customers rose 19% from $1,258 to $1,493, while tons shipped to outside customers rose 11% to about 7,533,000. (Nucor Q3 2026 release, Oct 26, 2026; Nucor Form 10-Q, Q3 2026, Nov 10, 2026)

Nucor reports three segments. Steel mills sold $6,980 million to external customers in the quarter, steel products $3,509 million and raw materials $760 million. Raw materials mostly supplies Nucor's own mills: outside customers were about 19% of that segment's total sales, and $5,221 million of intercompany sales across all segments were eliminated. (Nucor Form 10-Q, Q3 2026, Nov 10, 2026)

Steel mills shipped 7,231 thousand tons in total, including 1,569 thousand tons to Nucor's own businesses. Sheet was the largest product at 3,259 thousand tons, followed by bars at 2,497 thousand. The steel mills' external average sales price rose 19% to $1,233 a ton, and utilization was 89% against 85% a year earlier. (Nucor Q3 2026 release, Oct 26, 2026; Nucor Form 10-Q, Q3 2026, Nov 10, 2026)

In steel products, sales tons to outside customers rose 15% to 1,363 thousand and the average sales price rose 9% to $2,576 a ton. Tubular products tons rose 82% from a year earlier. Nucor's 10-K says its steel products businesses primarily serve the nonresidential construction and infrastructure markets. (Nucor Q3 2026 release, Oct 26, 2026; Nucor Form 10-K, 2025, Feb 25, 2026)

Nucor's diluted EPS was $5.80 in Q3 2026, against $2.63 a year earlier and $5.04 in Q2 2026. Nucor reported no adjusted EPS for the quarter. The Q2 figure included a non-cash benefit of $0.20 per share from the revaluation of its investment in Helion, a fusion energy company, which did not recur. (Nucor Q3 2026 release, Oct 26, 2026)

Pre-operating and start-up costs for new projects were $124 million, or $0.42 per diluted share, against $103 million a year earlier. Q2 steel mills cost of products sold had been reduced by $130 million of cash refunds for prior periods' raw material costs, which also did not recur in Q3. Earnings attributable to noncontrolling interests were $154 million. (Nucor Q3 2026 release, Oct 26, 2026)

Nucor's diluted share count fell to 226.7 million from 230.2 million. It repurchased about 2.03 million shares at an average of $247.04 in the quarter and returned about $629 million through buybacks and dividends, with about $3.12 billion left under its $4.00 billion authorization. The effective tax rate was 21.1%, against 22.6% a year earlier. (Nucor Q3 2026 release, Oct 26, 2026; Nucor Form 10-Q, Q3 2026, Nov 10, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Nucor gives a qualitative outlook for the next quarter in each release, with no revenue or EPS number. For Q4 2026 it expects earnings generally in line with or modestly higher than Q3: stable in steel mills and steel products, as higher realized pricing offsets seasonally lower volumes, and slightly lower in raw materials on lower realized DRI pricing. (Nucor Q3 2026 release, Oct 26, 2026)

In the 10-Q, Nucor expects a full-year 2026 effective tax rate between 20.0% and 22.0%. Its earnings call presentation said backlogs extend into mid-2027 for many steel products. (Nucor Form 10-Q, Q3 2026, Nov 10, 2026; Nucor Q3 2026 earnings call presentation (Exhibit 99.2), Oct 26, 2026)

A consensus figure is the average of the models published by the analysts who cover Nucor, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Nucor's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning NUE is on is NUE a buy or a sell?, what analysts expect next is on the NUE forecast, and what the company does is on the Nucor (NUE) stock page.

Every number on this page can be traced to a document Nucor published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.