RELIANCE, INC.RSEarnings & Financial Report
Reliance, Inc. (Reliance), headquartered in Scottsdale, Arizona, is the largest metals service center operator in North America. The company provides metals processing services and distributes a line of approximately 100,000 metal products, including aluminum, brass, alloy, copper, carbon steel, stainless steel, titanium, and specialty metal products to 125,000 customers such as fabricators and manufacturers.
Revenue
$3.6B
Gross Profit
N/A
Operating Profit
$351.7M
Net Profit
$268.3M
Gross Margin
N/A
Operating Margin
9.7%
Net Margin
7.4%
YoY Growth
-6.1%
EPS
$4.67
RELIANCE, INC. Q2 FY2024 Financial Summary
RELIANCE, INC. reported revenue of $3.6B (down 6.1% YoY) for Q2 FY2024, with a net profit of $268.3M (down 30.5% YoY) (7.4% margin).
Key Financial Metrics
| Total Revenue | $3.6B |
|---|---|
| Net Profit | $268.3M |
| Gross Margin | N/A |
| Operating Margin | 9.7% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
RELIANCE, INC. Q2 FY2024 revenue of $3.6B breaks down across 7 segments, led by Carbon Steel at $2.0B (55.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Carbon Steel | $2.0B | 55.6% |
| Aluminum | $587.8M | 16.1% |
| Stainless Steel | $521.8M | 14.3% |
| Alloy Steel | $166.8M | 4.6% |
| Toll Processing | $161.2M | 4.4% |
| Other Products Or Services | $93.0M | 2.6% |
| Copper And Brass | $87.0M | 2.4% |
RELIANCE, INC. Revenue by Segment — Quarterly Trend
RELIANCE, INC. revenue by segment across the last 4 reported quarters, showing how each business line (such as Carbon Steel and Aluminum) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Carbon Steel | — | $1.9B | $2.0B | $2.0B |
| Aluminum | — | $624.5M | $621.5M | $619.9M |
| Stainless Steel | — | $467.1M | $489.9M | $489.2M |
| Alloy Steel | — | $155.5M | $159.6M | $167.5M |
| Toll Processing | — | $155.3M | $167.1M | $164.3M |
RELIANCE, INC. Annual Revenue by Year
RELIANCE, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $14.3B).
| Year | Annual Revenue |
|---|---|
| 2025 | $14.3B |
| 2024 | $13.8B |
| 2023 | $14.8B |
| 2022 | $17.0B |
RELIANCE, INC. Quarterly Revenue & Net Profit History
RELIANCE, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $4.0B | +15.1% | $265.6M | 6.6% |
| Q4 FY2025 | $3.5B | +11.9% | $116.9M | 3.3% |
| Q3 FY2025 | $3.7B | +6.8% | $189.5M | 5.2% |
| Q2 FY2025 | $3.7B | +0.5% | $234.2M | 6.4% |
| Q1 FY2025 | $3.5B | -4.4% | $200.5M | 5.8% |
| Q4 FY2024 | $3.1B | -6.3% | $106.0M | 3.4% |
| Q3 FY2024 | $3.4B | -5.6% | $199.2M | 5.8% |
| Q2 FY2024 | $3.6B | -6.1% | $268.3M | 7.4% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.64B | $3.42B | $3.13B | $3.48B | $3.66B | $3.65B | $3.50B | $4.03B |
| YoY Growth | -6.1% | -5.6% | -6.3% | -4.4% | 0.5% | 6.8% | 11.9% | 15.1% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $10.45B | $10.30B | $10.02B | $10.37B | $10.49B | $10.55B | $10.37B | $10.81B |
| Liabilities | $2.82B | $2.94B | $2.79B | $3.25B | $3.25B | $3.23B | $3.19B | $3.68B |
| Equity | $7.62B | $7.35B | $7.22B | $7.10B | $7.23B | $7.31B | $7.17B | $7.13B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $366.3M | $463.9M | $473.3M | $64.5M | $229.0M | $261.8M | $276.1M | $151.4M |