v3.26.1
Revenue Recognition
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Recognition

Note 5 Revenue Recognition

The following table provides the major sources of revenue by end-market sector for the three and six months ended June 30, 2026 and 2025:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Industrial

 

$

116.1

 

 

$

104.4

 

 

$

228.4

 

 

$

206.1

 

Automotive

 

 

128.1

 

 

 

122.8

 

 

 

240.8

 

 

 

236.0

 

Aerospace & Defense

 

 

60.1

 

 

 

42.1

 

 

 

112.0

 

 

 

74.6

 

Energy

 

 

30.3

 

 

 

30.8

 

 

 

57.0

 

 

 

59.5

 

Other (1)

 

 

6.4

 

 

 

4.5

 

 

 

11.1

 

 

 

8.9

 

Total Net Sales

 

$

341.0

 

 

$

304.6

 

 

$

649.3

 

 

$

585.1

 

(1) “Other” sales by end-market sector relates to the Company’s scrap sales.

The following table provides the major sources of revenue by product type for the three and six months ended June 30, 2026 and 2025:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Bar

 

$

221.1

 

 

$

186.3

 

 

$

422.0

 

 

$

352.3

 

Tube

 

 

35.6

 

 

 

33.4

 

 

 

68.6

 

 

 

64.8

 

Manufactured components

 

 

77.9

 

 

 

80.4

 

 

 

147.6

 

 

 

159.1

 

Other (2)

 

 

6.4

 

 

 

4.5

 

 

 

11.1

 

 

 

8.9

 

Total Net Sales

 

$

341.0

 

 

$

304.6

 

 

$

649.3

 

 

$

585.1

 

(2) “Other” sales by product type relates to the Company’s scrap sales.