Here are the 10-Q quarterly reports from Olympic Steel, Inc. (ZEUS) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ZEUS 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 ZEUS filings page.
Olympic Steel (ZEUS) reported Q3 2025 results with net sales of $490,655 thousand versus $469,996 thousand a year ago. Operating income was $7,264 thousand and net income was $2,154 thousand, or $0.18 per diluted share, compared with $0.23 last year. For the nine months, net sales were $1,480,079 thousand and net income was $9,900 thousand versus $19,091 thousand in 2024.
Cash from operations was $59,534 thousand for the nine months. Cash was $7,548 thousand and the credit facility revolver balance was $240,926 thousand as of September 30, 2025, with about $312 million of availability. Shares outstanding were 11,197,621 as of October 30, 2025.
Strategic update: On October 28, 2025, the company agreed to a stock‑for‑stock merger with Ryerson Holding Corporation. Each ZEUS share will convert into 1.7105 Ryerson shares, and legacy ZEUS shareholders are expected to own approximately 37% of the combined company, subject to shareholder approvals, regulatory clearances, NYSE listing for new shares, and effectiveness of a Form S‑4.