Every 8-K that Friedman Industries Inc. (FRD) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow FRD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FRD filings page.
FRIEDMAN INDUSTRIES INC (FRD) entered into a Seventh Amendment to its Amended and Restated Credit Agreement on September 3, 2026. The amendment increases the aggregate commitments under the revolving credit facility from $140 million to $200 million with lenders led by JPMorgan Chase Bank, N.A. as administrative agent. The company states that this expansion was completed to align the credit facility size with growth in the underlying borrowing base, and the amendment also makes certain conforming changes to threshold amounts.
Friedman Industries, Incorporated reported strong first quarter fiscal 2027 results for the quarter ended June 30, 2026, with net earnings of approximately $12.8 million or $1.79 diluted EPS on net sales of approximately $240.0 million, compared to net earnings of about $5.0 million on net sales of about $134.8 million a year earlier. EBITDA increased to approximately $19.3 million from about $8.2 million, and operating cash flow was $7.3 million. Sales were up 78% year-over-year, supported by record quarterly sales volume of roughly 206,000 tons, up 28% year-over-year.
Flat-roll segment sales were about $221.8 million, with inventory tons sold rising to roughly 175,000 and average selling price improving to about $1,262 per ton, driving operating earnings of around $24.7 million versus $8.8 million in the prior-year quarter. Tubular segment sales increased to about $18.2 million on 13,500 tons sold, with average selling price of roughly $1,341 per ton and operating earnings of about $2.1 million. Management expects second quarter sales volumes to be comparable to first quarter levels and anticipates sequential margin improvement driven by higher average selling prices.
Friedman Industries reported sharply stronger results for Q4 and fiscal 2026. For the quarter ended March 31, 2026, net earnings increased to about $9.2 million on sales of $191.8 million, with diluted EPS of $1.30 and EBITDA of roughly $15.2 million. Management highlighted that quarterly sales volume reached the highest level in company history.
For fiscal 2026, net earnings rose to about $19.5 million on sales of $646.9 million, with diluted EPS of $2.76 and EBITDA of about $34.3 million. Sales volume grew to approximately 706,000 tons, aided mainly by same-facility growth and contributions from the Century Metals acquisition. Total assets were $336.8 million and stockholders’ equity was $151.5 million as of March 31, 2026.
Friedman Industries filed a current report describing plans to expand its facility on Steel Dynamics’ campus in Sinton, Texas. The project will increase the building size and add laser cutting equipment to offer new first-stage processing and fabrication capabilities for cut-to-length sheet.
The company expects the expansion to be completed in the fourth calendar quarter of 2026. Management describes the project as a strategic supply solution intended to improve customer efficiency, reduce handling in the supply chain, capture additional value-added services and strengthen margins and customer relationships.
Friedman Industries reported a strong turnaround for the quarter ended December 31, 2025, moving to net earnings of about $3.0 million or $0.43 diluted EPS on sales of roughly $168.0 million, compared with a net loss of about $1.2 million or $(0.17) per share on sales of about $94.1 million a year earlier.
For the first nine months of the fiscal year, sales were about $455.1 million with net earnings of roughly $10.3 million, up from sales of about $315.4 million and net earnings of about $0.7 million in the prior-year period. The flat-roll segment drove results, with quarterly sales of approximately $153.0 million and higher volumes and pricing, while the tubular segment also improved to sales of around $14.9 million and segment operating earnings of about $1.4 million.
Average selling prices increased in both segments, and hedging activities added roughly $1.4 million of gains in the quarter. Total assets rose to about $311.9 million as of December 31, 2025, with stockholders’ equity of roughly $142.2 million, reflecting growth alongside higher liabilities.
Friedman Industries, Incorporated entered into a Sixth Amendment to its Amended and Restated Credit Agreement on December 9, 2025. The amendment increases the aggregate lending commitments under its credit facility from $125 million to $140 million, providing the company with additional borrowing capacity.
The facility is with lenders party to the agreement and JPMorgan Chase Bank, N.A. as administrative agent. The amendment also makes conforming changes to certain threshold amounts and modifies the definition of “Eligible Accounts.” The full text of the amendment will be filed as an exhibit to the company’s Form 10-Q for the quarter ending December 31, 2025.
Friedman Industries (FRD) furnished a press release announcing financial results for its second fiscal quarter ended September 30, 2025. The release is attached as Exhibit 99.1 and incorporated by reference. Under General Instruction B.2, this information is furnished, not filed under the Exchange Act.
Friedman Industries (FRD) filed Amendment No. 1 to its Form 8-K to add required financial statements and pro forma information related to its August 29, 2025 acquisition of certain assets of Century Metals & Supplies in Florida. The filing includes audited Century financials for the years ended December 31, 2024 and 2023, unaudited interim financials for the six months ended June 30, 2025 and 2024, and unaudited pro forma condensed combined financials, including a balance sheet as of June 30, 2025 and statements of operations for specified periods.
Friedman Industries, Incorporated held its Annual Meeting of Shareholders on September 18, 2025. Shareholders elected the seven board nominees — Michael J. Taylor, Michael Hanson, Max Reichenthal, Sandy Scott, Tim Stevenson, Sharon Taylor and Joe L. Williams — to serve until the next annual meeting or until their successors qualify. The shareholders also cast non-binding advisory votes on executive compensation and on the frequency of that advisory vote, and they ratified the selection of Baker Tilly US, LLP as the independent registered public accounting firm for the fiscal year ending March 31, 2026.
Shareholders considered two corporate governance actions: an amendment to the Articles of Incorporation to allow shareholders to amend the Bylaws, which was not approved because affirmative votes fell short of the required two-thirds of outstanding shares entitled to vote, and the Company’s 2025 Long-Term Incentive Plan, which shareholders approved. The filing lists vote categories but does not disclose the numerical vote totals in the provided text.
Friedman Industries acquired Century Metals & Supplies' Miami operations and certain Tampa and Orlando assets for approximately $45.25 million cash plus a $3.5 million five-year promissory note, with a final purchase price subject to net working capital adjustments and an earn-out of up to $10 million payable over four years based on performance. The company also entered a Fifth Amendment to its Amended and Restated Credit Agreement to permit the Acquisition, replace BMO Harris with Wells Fargo as a lender, reduce aggregate commitments from $150 million to $125 million, set pricing at prime-1.45% or adjusted Term SOFR+1.55%, adjust borrowing bases and extend the facility maturity to August 29, 2030. A press release announcing the closing was issued on September 2, 2025.
Friedman Industries, Inc. (Nasdaq: FRD) filed an 8-K on July 14, 2025 to disclose a key management change. The Board has appointed Gaurav Chhibbar, age 38, as Chief Operating Officer (COO) effective July 10, 2025.
Mr. Chhibbar brings 14 years of metals-industry and consulting experience. His résumé includes:
- Principal at Boston Consulting Group (Apr 2020 – Jul 2025)
- Partner & Co-Founder, Metal Edge Partners/Trading (May 2018 – Mar 2020)
- Various metals-related roles at Cargill International & Cargill Inc. (Apr 2011 – Apr 2018)
Compensation terms: base salary of $365,000, participation in the Company’s short-term incentive plan, and eligibility for equity awards under the long-term incentive plan. No family relationships, related-party transactions, or selection arrangements were reported.
Under Item 7.01, the Company also furnished a press release (Exhibit 99.1) announcing the appointment. The disclosure is furnished, not filed, and therefore is not subject to Section 18 liability.
Aside from this leadership change, the filing contains no financial statements, earnings data, or transactional details.
Friedman Industries announced a significant change in its auditing relationship as Moss Adams LLP merged with Baker Tilly US, LLP effective June 3, 2025. Following this merger, Moss Adams resigned as Friedman's independent registered public accounting firm, and the company's Audit Committee approved Baker Tilly as the successor auditor.
Key audit details:
- Moss Adams' audit reports for FY2024 and FY2025 contained no adverse opinions, disclaimers, or qualifications
- No disagreements occurred between Friedman and Moss Adams on accounting principles, practices, or procedures
- No reportable events requiring disclosure under Regulation S-K Item 304(a)(1)(v)
- No prior consultations between Friedman and Baker Tilly regarding accounting principles or audit opinions
The transition appears routine, resulting from the merger of accounting firms rather than any audit concerns. Moss Adams has provided a letter to the SEC confirming these statements, filed as Exhibit 16.1.