Recent Updates — RS
July 22, 2026View Source ↗
Reliance, Inc. reported second quarter 2026 financial results with net sales of $4.63 billion, up 15% sequentially and 26.5% year-over-year. Diluted EPS was $6.29, with non-GAAP EPS of $6.27, representing a 42% increase year-over-year. Pretax income rose 41% year-over-year to $429.8 million. Growth was driven by record quarterly tons sold (up 10.8% year-over-year) and contributions from a U.S. Department of Homeland Security border wall contract, which added $0.41 per share. For the third quarter of 2026, the company provided non-GAAP EPS guidance in the range of $6.40 to $6.60. The company is a global diversified metal solutions provider and the largest metals service center company in North America.