Reliance revenue and financials
$397.63Change from previous close: −0.96%Absolute change: −$3.86
In the fiscal year ended December 2025, Reliance reported revenue of $14.29B (+3.32% year over year). Net income was $739.4M, a net margin of 5.2%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +3.32%
- 2025 vs 2024
- Net income growth
- −15.52%
- 2025 vs 2024
- Net margin
- 5.2%
- 2024: 6.3%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 4,630 | 4,026 | 3,499 | 3,651 | 3,660 | 3,485 | 3,127 | 3,420 | 3,643 | 3,645 | 3,337 | 3,623 |
| Cost of revenue | 3,330 | 2,854 | 2,541 | 2,619 | 2,572 | 2,451 | 2,232 | 2,412 | 2,557 | 2,517 | 2,316 | 2,546 |
| Gross profit | 1,301 | 1,172 | 958 | 1,032 | 1,088 | 1,033 | 895 | 1,008 | 1,086 | 1,128 | 1,022 | 1,077 |
| Selling, general and administrative | 789 | 735 | 696 | 701 | 706 | 690 | 655 | 665 | 668 | 672 | 627 | 627 |
| Operating income | 442 | 368 | 192 | 261 | 312 | 274 | 171 | 275 | 352 | 393 | 332 | 390 |
| EBIT | 442 | 368 | 192 | 261 | 312 | 274 | 171 | 275 | 352 | 393 | 332 | 390 |
| EBITDA | 511 | 437 | 262 | 331 | 382 | 343 | 240 | 343 | 418 | 457 | 395 | 450 |
| Interest expense | 18.2 | 15.4 | 15.5 | 14.4 | 14.3 | 11.5 | 10.0 | 10.9 | 9.7 | 9.7 | 9.8 | 9.7 |
| Pre-tax income | 430 | 350 | 155 | 248 | 304 | 262 | 134 | 261 | 350 | 396 | 333 | 388 |
| Income tax | 106 | 83.9 | 37.9 | 57.7 | 70.1 | 61.9 | 27.5 | 60.6 | 81.4 | 92.4 | 59.9 | 92.0 |
| Net income | 323 | 265 | 117 | 190 | 234 | 200 | 105 | 199 | 268 | 303 | 273 | 295 |
| Net income to common shareholders | 323 | 265 | 117 | 190 | 234 | 200 | 105 | 199 | 268 | 303 | 273 | 295 |
| Basic EPS | 6.33 | 5.13 | 2.24 | 3.61 | 4.44 | 3.76 | 1.95 | 3.64 | 4.71 | 5.28 | 4.75 | 5.05 |
| Diluted EPS | 6.29 | 5.10 | 2.22 | 3.59 | 4.42 | 3.74 | 1.93 | 3.61 | 4.67 | 5.23 | 4.70 | 4.99 |
| Average shares (basic) | 51.1 | 51.6 | 52.1 | 52.5 | 52.6 | 53.1 | 54.1 | 54.7 | 56.9 | 57.3 | 57.4 | 58.4 |
| Average shares (diluted) | 51.4 | 52.0 | 52.4 | 52.8 | 52.9 | 53.4 | 54.6 | 55.2 | 57.4 | 57.9 | 58.1 | 59.1 |
| Dividend per share | 1.25 | 1.25 | 1.20 | 1.20 | 1.20 | 1.20 | 1.10 | 1.10 | 1.10 | 1.10 | 1.00 | 1.00 |