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Reliance RS Net Income

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Segments

By segment

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Metals Service Centers$323.6M+38.2%

Other financials

Income statement

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Revenue$4.6B+26.5%
Gross profit$1.3B+19.5%
Operating income$441.6M+41.4%
EPS (diluted)$6.29+42.3%

Balance sheet

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Cash & equivalents$235.4M-1.7%
Total debt$2.0B+15.2%
Total equity$7.4B+2.3%
Total assets$11.2B+6.4%

Cash flow

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Operating cash flow$162.2M-29.2%
CapEx$93.4M+6.6%
Free cash flow$68.8M-51.3%

Valuation

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Market cap$20.13B+32.6%
Enterprise value$21.89B+31.3%
P/E22.5×+2.0×
P/S1.3×+0.2×

Profitability

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Gross margin28.2%-1.1pp
Operating margin7.8%+0.5pp
Net margin5.7%+0.2pp
FCF margin3.4%-2.7pp

Returns & leverage

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Return on equity12.2%+2.2pp
Debt / equity0.3×0.0×
Current ratio4.3×+1.1×

Where this comes from

Reported directly by Reliance in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Reliance’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 4:05 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-087528
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Income tax provision106.270.1190.1132.0
Net income323.6234.2589.2434.7
Less: net income – noncontrolling interests0.70.51.41.3
Net income – Reliance$322.9$233.7$587.8$433.4
Earnings per share:
Basic$6.33$4.44$11.45$8.20
Diluted$6.29$4.42$11.38$8.15
Weighted average shares outstanding:

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Reliance's net income?
Reliance (RS) reported net income of $322.9M in Q2 2026.
How has Reliance's net income changed year-over-year?
Reliance's net income increased by 37.9% year-over-year, from $234.2M to $322.9M.
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 $740.7M.
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.

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