Cost of Revenue
Total Cost of Revenue
Reliance Total Cost of Revenue increased by 12.2% to $2.85B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.4%, from $2.45B to $2.85B. Over 4 years (FY 2021 to FY 2025), Total Cost of Revenue shows relatively stable performance with a 1.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionCost of Revenue
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 29, 2026
How to read this metric
An increase relative to revenue suggests margin compression, while a decrease relative to revenue indicates improved production efficiency or lower input costs.
Detailed definition
Includes all direct costs attributable to the production or acquisition of the goods sold and services provided by the c...
Peer comparison
Highly comparable across industrial and manufacturing sectors; reflects supply chain efficiency.
Metric ID:
total_cost_of_revenueHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.34B | $2.64B | $2.75B | $3.1B | $3.19B | $3.01B | $2.48B | $2.74B | $2.66B | $2.55B | $2.32B | $2.52B | $2.56B | $2.41B | $2.24B | $2.45B | $2.57B | $2.62B | $2.54B | $2.85B |
| QoQ Change | — | +12.8% | +4.1% | +12.9% | +2.8% | -5.6% | -17.5% | +10.4% | -3.0% | -4.2% | -9.0% | +8.7% | +1.6% | -5.6% | -7.2% | +9.4% | +4.9% | +1.9% | -2.9% | +12.2% |
| YoY Change | — | — | — | — | +36.3% | +14.1% | -9.6% | -11.6% | -16.6% | -15.4% | -6.7% | -8.1% | -3.8% | -5.2% | -3.2% | -2.6% | +0.6% | +8.5% | +13.5% | +16.4% |
Range$2.24B – $3.19B
CAGR+4.3%
Avg YoY Growth+0.4%
Median YoY Growth-3.5%
Business Segments
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|
| Metals Service Centers | $2.45B | $2.57B | $2.62B | $2.54B | $2.85B |
| Total | $2.45B | $2.57B | $2.62B | $2.54B | $2.85B |
Total Cost of Revenue at Other Companies
Frequently Asked Questions
- What is Reliance's total cost of revenue?
- Reliance (RS) reported total cost of revenue of $2.85B in Q1 2026.
- How has Reliance's total cost of revenue changed year-over-year?
- Reliance's total cost of revenue increased by 16.4% year-over-year, from $2.45B to $2.85B.
- 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 direct costs incurred to produce or acquire the products sold to customers.