Reliance Q2 FY26 EPS rises 42.3% year over year to $6.29; net sales climb 26.5% to $4.63 billion

Reuters2026/07/22 20:11

By:Reuters

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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: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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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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