Reliance beats Q1 expectations with EPS $5.16, record tons, and secures $2.9B in government contracts

RELIANCE, INC.

2026-Q1 EPS reported $5.10 revenue$4,026,000,000

Q1 non-GAAP EPS $5.16 vs guidance $4.50-$4.70; GAAP EPS $5.10; revenue $4.03B up 15.5% YoY.
Record tons sold 1.673M, up 9.4% sequentially, outperforming MSCI industry decline by 8 ppts.
Secured two major gov contracts: border wall (max $2.24B) and Joint Strike Fighter (max $654M).
Q2 2026 guidance: non-GAAP EPS $5.15-$5.35, tons sold up 1-3% sequentially, pricing up 1.5-3.5%.
Returned $301M to stockholders in Q1: $67M dividends, $234M share buybacks; quarterly dividend raised 4.2% to $1.25.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

RELIANCE, INC. reported first quarter ended March 31, 2026 results: revenue Net sales of $4 billion, EPS EPS of $5.10; non-GAAP EPS of $5.16.

Period: first quarter ended March 31, 2026
Revenue: Net sales of $4 billion
EPS: EPS of $5.10; non-GAAP EPS of $5.16
Result: reported results

Exact text from the filing

Reliance, Inc. Reports First Quarter 2026 Financial Results Net sales of $4 billion, with record tons sold up 9.4% sequentially, exceeding expectations EPS of $5.10; non-GAAP EPS of $5.16, up 37% year-over-year also exceeding expectations Pretax income of $349.5 million, up 33% year-over-year

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Source: SEC EDGAR

accession 0001171843-26-002647

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