What is Reliance's net income?

Reliance (RS) reported net income of $264.9M in Q1 2026.

How has Reliance's net income changed year-over-year?

Reliance's net income increased by 32.6% year-over-year, from $199.7M to $264.9M.

What is the long-term trend for Reliance's net income?

Over 4 years (2021 to 2025), Reliance's net income has grown at a -15.0% compound annual growth rate (CAGR), from $1.42B to $739.9M.

What does net income mean?

The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

Reliance RS Net Income

Net Income at other companies

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$743M+376%

Steel DynamicsSTLD

$403.44M+85.8%

Worthington SteelWS

$83.8M+50.4%

MetallusMTUS

$5.4M+315%

Cleveland-CliffsCLF

-$229M+52.9%

Commercial MetalsCMC

——

Segments

By segment

See full

Metals Service Centers$265.6M+32.5%

Other financials

Income statement

See full

Revenue$4.0B+15.5%

Gross profit$1.2B+13.4%

Operating income$367.9M+34.1%

EPS (diluted)$5.10+36.4%

Balance sheet

See full

Cash & equivalents$249.7M-10.1%

Total debt$2.0B+15.3%

Total equity$7.1B+0.3%

Total assets$10.8B+4.3%

Cash flow

See full

Operating cash flow$151.4M+135%

CapEx$64.2M-26.1%

Free cash flow$87.2M+489%

Valuation

See full

Market cap$19.36B+12.4%

Enterprise value$21.14B+13.0%

P/E24×+0.7×

P/S1.3×0.0×

Profitability

See full

Gross margin28.6%-0.7pp

Operating margin7.5%-0.2pp

Net margin5.4%-0.2pp

FCF margin4.1%-2.9pp

Returns & leverage

See full

Return on equity11.3%+1.0pp

Debt / equity0.3×0.0×

Current ratio4.4×+1.2×

Where this comes from

Reported directly by Reliance in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The official record: Reliance’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Reliance's net income?: Reliance (RS) reported net income of $264.9M in Q1 2026.
How has Reliance's net income changed year-over-year?: Reliance's net income increased by 32.6% year-over-year, from $199.7M to $264.9M.
What is the long-term trend for Reliance's net income?: Over 4 years (2021 to 2025), Reliance's net income has grown at a -15.0% compound annual growth rate (CAGR), from $1.42B to $739.9M.
What does net income mean?: The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.