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Reliance RS Total Cost of Revenue

Total Cost of Revenue at other companies

Nucor logo
NucorNUE
$8B+10.7%
Steel Dynamics logo
Steel DynamicsSTLD
$5.13B+30.0%
Worthington Steel logo
Worthington SteelWS
$810.4M+14.8%
Metallus logo
MetallusMTUS
$283.2M+9.5%
Cleveland-Cliffs logo
Cleveland-CliffsCLF
$5.09B-1.0%
Commercial Metals logo
Commercial MetalsCMC
$1.74B+13.6%

Segments

By segment

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Metals Service Centers$3.33B+29.5%

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%
Net income$322.9M+37.9%
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$21.15B+32.7%
Enterprise value$22.91B+31.4%
P/E23.7×+2.1×
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:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization.

The official record: Reliance’s 10-Q, filed July 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Reliance's total cost of revenue?
Reliance (RS) reported total cost of revenue of $3.33B in Q2 2026.
How has Reliance's total cost of revenue changed year-over-year?
Reliance's total cost of revenue increased by 29.5% year-over-year, from $2.57B to $3.33B.
What is the long-term trend for Reliance's total cost of revenue?
Over 4 years (2021 to 2025), Reliance's total cost of revenue has grown at a 1.5% compound annual growth rate (CAGR), from $9.6B to $10.19B.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.