WSWorthington Steel·FY27Q1 10-QPaidFiling score 76 · Large change

Worthington Steel swung to a loss: net income went from $36.8m to −$10.0m

Net income went from $36.8m in the same period a year earlier to −$10.0m.

Worthington Steel swung to a loss: net income went from $36.8m to −$10.0m
aiSwingX™ analyzes US filings and reports them as news investors can read.
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Worthington Steel (WS) filed its quarterly report (10-Q) for fiscal Q1 2027 on October 13. Net income went from $36.8m in the same period a year earlier to −$10.0m.

In plain terms

Last year's profit for the same period turned into a loss. Whether the core business weakened or items outside it weighed is the question to separate.

What happened

Worthington Steel (WS) filed its quarterly report (10-Q) for fiscal Q1 2027 with the SEC on October 13. It covers June 1 to August 31, 2026.

Net income went from $36.8m in the same period a year earlier to −$10.0m.

Figures are copied as filed. Ratios we calculated are marked as such, and the working is at the end.

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76 Filing score · Large change

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FAQ

Where can I check these figures myself?

On SEC EDGAR, in Worthington Steel's 10-Q (accession 0001968487-26-000036). The same values appear on the corresponding lines of the consolidated statements.

Are the ratios figures the company reports?

No. They divide two figures stated in the filing for the same period. The working is in the arithmetic table in the subscriber section.

Are figures from different periods mixed?

No. Income and cash items are divided only by items covering the same length of time, and balances are always stated against the previous fiscal year-end.

How aiSwingX™ wrote this

  1. We read the filing on SEC EDGAR in full — statements, notes, MD&A. Press releases and news are not used as sources.
  2. Every figure is reconciled to its location in the filing and to XBRL data. One mismatch means no publication.
  3. An editor reviews before publication; any later change is recorded in the revision history.
Worthington Steel Form 10-Q (fiscal Q1 2027, filed 2026-10-13): inline XBRL in the consolidated financial statements, SEC EDGAR accession 0001968487-26-000036 · SEC EDGAR · This article is not investment advice. Disclaimer

Frequently asked questions

Where can I verify the figures in this article?

Open the filing cited at the bottom of the article (e.g. the 10-Q note number) on SEC EDGAR via the link at the end of the article.

What is the at-a-glance box?

A four-item summary of the article: the key figure, what it means, the source, and what to watch next quarter. If you are short on time, read just that.

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aiSwingX™ analyzes US filings and reports them as news investors can read.
76
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