The financials
Reliance, Inc. by the numbers
Reliance, Inc. (RS) reported revenue of $4.03B in Q1 2026 (quarter ended March 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 2026-Q1 was Carbon Steel at $2.22B, 55% of the disclosed total, just ahead of Aluminum at 19%.
| 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 | $2.22B | 55% |
| Aluminum | $755M | 19% |
| Stainless Steel | $539M | 13% |
| Alloy Steel | $181M | 4.5% |
| Toll Processing | $172M | 4.3% |
| Copper And Brass | $102M | 2.5% |
| Other Products Or Services | $60M | 1.5% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $4.03B (+10%)
Copper And Brass grew +25% year on yearOther Products Or Services -16% year on year
Segment Latestquarter on quarteryear on year
- Carbon Steel$2.22B$2.22BQoQ +9.1%year on year +16%+9.1%+16%
- Aluminum$754.6M$754.6MQoQ +21%year on year +25%+21%+25%
- Stainless Steel$539.0M$539.0MQoQ +10%year on year +7.1%+10%+7.1%
- Alloy Steel$180.6M$180.6MQoQ +13%year on year +14%+13%+14%
- Toll Processing$171.9M$171.9MQoQ +2.9%year on year +7.3%+2.9%+7.3%
- Copper And Brass$101.9M$101.9MQoQ -0.68%year on year +25%-0.68%+25%
- Other Products Or Services$59.9M$59.9MQoQ -23%year on year -16%-23%-16%