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Reliance Q2 FY26 EPS rises 42.3% year over year to $6.29; net sales climb 26.5% to $4.63 billion
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Reliance Q2 FY26 EPS rises 42.3% year over year to $6.29; net sales climb 26.5% to $4.63 billion
  • Reliance posted Q2 2026 diluted EPS of $6.29, up 42.3% year-over-year; net sales rose 26.5% to $4.63 billion.
  • Pretax income climbed 41.2% from a year earlier to $429.8 million, while gross profit margin narrowed 1.6 percentage points to 28.1%.
  • Tons sold increased 10.8% year-over-year to 1,790,000; average selling price per ton rose 14.5% to $2,602.
  • CEO Karla Lewis said results benefited from improving customer activity, extended mill lead times, strong pricing, and a meaningful contribution from the U.S. border wall contract.
  • For Q3 2026, Reliance forecast non-GAAP diluted EPS of $6.40 to $6.60, including about $0.60 tied to the border wall project.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Reliance Inc, published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607221605PRIMZONEFULLFEED9766545) on July 22, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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