For Q1 FY2026 ended March 31, 2026, Reliance, Inc. reported revenue of $4,026 million, up 15.5% year-over-year. Net income was $264.9 million, a 32.6% increase, and diluted EPS rose 36.4% to $5.10. Operating income grew 34.1% to $367.9 million. The company had cash of $249.7 million, equity of $7,122.9 million, and long-term debt of $1,693.5 million.
•Revenue increased 15.5% YoY to $4,026 million.
•Net income rose 32.6% YoY to $264.9 million.
•Diluted EPS grew 36.4% to $5.10.
•Operating income up 34.1% to $367.9 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Reliance is a diversified metal solutions provider and metals service center company primarily in the United States and Canada. The company distributes metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products
Provides metals processing services to consumer products, general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, industrial machinery, and heavy industries.
It sells its products directly to OEMs, which primarily include small machine shops and fabricators. Founded in 1939 and based in Phoenix, Arizona, Reliance was formerly known as Reliance Steel & Aluminum Co. before rebranding in February 2024.
Reliance, Inc. is a diversified metal solutions provider and metals service center company operating primarily in the United States and Canada. The company distributes a wide range of metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products. In addition to distribution, Reliance provides metals processing services to various industries such as consumer products, general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, industrial machinery, and heavy industries. The company sells its products directly to original equipment manufacturers (OEMs), which primarily include small machine shops and fabricators.
Where is Reliance, Inc. (RS) listed and in which currency?
Reliance, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol RS. The company's financials are reported in US Dollars (USD), as it is headquartered in the United States. Being listed on the NYSE provides investors with access to one of the world's largest and most liquid stock exchanges, and trading in USD facilitates easy comparison with other US-based companies.
What sector and industry does Reliance, Inc. (RS) belong to?
Reliance, Inc. operates in the Basic Materials sector and is specifically classified under the Steel industry. As a metals service center company, it plays a critical role in the supply chain by distributing and processing various metal products. The Basic Materials sector includes companies involved in the discovery, development, and processing of raw materials, while the Steel industry focuses on the production and distribution of steel and related alloys. Reliance's operations cover a broad range of metals beyond steel, including aluminum, brass, copper, titanium, and specialty steels.
Where is Reliance, Inc. (RS) headquartered and what markets does it serve?
Reliance, Inc. is headquartered in Phoenix, Arizona, United States. The company primarily serves markets in the United States and Canada. It distributes metal products and provides processing services to a diverse set of industries, including consumer products, general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, industrial machinery, and heavy industries. Its customer base consists mainly of original equipment manufacturers (OEMs), particularly small machine shops and fabricators.
What is the business model of Reliance, Inc. (RS) and how does it make money?
Reliance, Inc. generates revenue by distributing a wide variety of metal products and offering metals processing services. The company sources metals such as alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel, and then sells them directly to OEMs, which are primarily small machine shops and fabricators. In addition to distribution, Reliance provides value-added processing services that tailor metal products to customer specifications. The company serves multiple end markets, including consumer products, general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, industrial machinery, and heavy industries. Founded in 1939 and originally known as Reliance Steel & Aluminum Co., the company rebranded to Reliance, Inc. in February 2024.