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The financials
Reliance, Inc. by the numbers
Reliance, Inc. (RS) reported revenue of $4.03B in Q1 2026 (quarter ended Mar 31, 2026), up 16% from the same quarter a year earlier. That came with a gross margin of 29% and net income of $266M (6.6% of revenue). For the full year FY2025, revenue was $14.3B (+3.3% year on year) and net income $742M. Its largest product in Jun 2026 was Carbon Steel at $2.62B, 57% of the disclosed total, well ahead of Aluminum at 18%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $4.03B | $3.48B | +16% |
| Gross profit | $1.17B | $1.03B | +13% |
| Operating income | $368M | $274M | +34% |
| Net income | $266M | $201M | +32% |
| Diluted EPS | $5.10 | $3.74 | +36% |
| Product | Revenue | Share |
|---|---|---|
| Carbon Steel | $2.62B | 57% |
| Aluminum | $838M | 18% |
| Stainless Steel | $595M | 13% |
| Alloy Steel | $186M | 4.0% |
| Toll Processing | $184M | 4.0% |
| Copper And Brass | $124M | 2.7% |
| Other Products Or Services | $82M | 1.8% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $4.63B (+15%)
Aluminum grew +35% year on yearOther Products Or Services +8.3% year on year
Segment Latestquarter on quarteryear on year
- Carbon Steel$2.62B$2.62BQoQ +18%year on year +28%+18%+28%
- Aluminum$837.9M$837.9MQoQ +11%year on year +35%+11%+35%
- Stainless Steel$595.2M$595.2MQoQ +10%year on year +22%+10%+22%
- Alloy Steel$186.2M$186.2MQoQ +3.1%year on year +11%+3.1%+11%
- Toll Processing$183.5M$183.5MQoQ +6.7%year on year +12%+6.7%+12%
- Copper And Brass$123.7M$123.7MQoQ +21%year on year +25%+21%+25%
- Other Products Or Services$82.1M$82.1MQoQ +37%year on year +8.3%+37%+8.3%