Reliance, Inc. income statement

In fiscal 2025, Reliance, Inc. reported revenue of $14.29bn, up 3.3% on the year before, operating income of $1.01bn (a 7.1% margin) and net income of $739m, or $13.98 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Reliance, Inc.: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Revenue	5.3	6.3	8.1	8.4	9.2	10.5	9.4	8.6	9.7	11.5	11.0	8.8	14.1	17.0	14.8	13.8	14.3	17.4
Cost of revenue	3.9	4.7	6.1	6.2	6.8	7.8	6.8	6.0	6.9	8.3	—	—	—	—	—	—	—	—
Gross profit	1.4	1.6	2.0	2.2	2.4	2.6	2.5	2.6	2.8	3.3	—	—	—	—	—	—	—	—
Selling, general and administrative	1.0	1.1	1.3	1.4	1.6	1.8	1.7	1.8	1.9	2.1	2.1	1.9	2.3	2.5	2.6	2.7	2.8	3.1
Operating income	0.3	0.4	0.6	0.7	0.6	0.6	0.5	0.5	0.7	0.9	1.0	0.6	1.9	2.5	1.7	1.2	1.0	1.5
Interest expense	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.0	0.0	0.1	0.1
Income before tax	0.2	0.3	0.5	0.6	0.5	0.5	0.5	0.4	0.6	0.9	0.9	0.5	1.9	2.4	1.7	1.1	1.0	1.5
Income tax	0.0	0.1	0.2	0.2	0.2	0.2	0.1	0.1	−0.0	0.2	0.2	0.1	0.5	0.6	0.4	0.3	0.2	0.4
Net income	0.1	0.2	0.3	0.4	0.3	0.4	0.3	0.3	0.6	0.6	0.7	0.4	1.4	1.8	1.3	0.9	0.7	1.1
Diluted EPS	$2.01	$2.61	$4.58	$5.33	$4.14	$4.73	$4.16	$4.16	$8.34	$8.75	$10.34	$5.66	$21.97	$29.92	$22.64	$15.56	$13.98	$21.39
Diluted shares (average)	74m	74m	75m	76m	78m	79m	75m	73m	74m	72m	68m	65m	64m	61m	59m	56m	53m	52m
EBITDA	0.4	0.5	0.7	0.8	0.7	0.8	0.8	0.7	0.9	1.2	1.2	0.8	2.2	2.7	2.0	1.4	1.3	1.8

US$ millions unless shown otherwise. Fiscal quarters.

Reliance, Inc.: income statement, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Revenue	3,127	3,485	3,660	3,651	3,499	4,026	4,630	5,213
Selling, general and administrative	662	690	706	701	709	735	789	830
Operating income	142	274	312	260	166	368	442	552
Interest expense	10	12	14	14	16	15	18	18
Income before tax	134	262	304	248	155	350	430	532
Income tax	28	62	70	58	38	84	106	129
Net income	105	200	234	190	117	265	323	403
Diluted EPS	$2.01	$3.74	$4.42	$3.59	$2.24	$5.10	$6.29	$7.84
EBITDA	212	343	382	330	236	437	511	622

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Reliance, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Reliance, Inc.