---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-26-002647"
form_type: "8-K"
ticker: "RS"
cik: "0000861884"
company_name: "RELIANCE, INC."
filed_at: "2026-04-22T23:59:59+00:00"
generated_at: "2026-05-15T04:59:58.625762+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001171843-26-002647
- form_type: 8-K
- ticker: RS
- cik: 0000861884
- company_name: RELIANCE, INC.
- filed_at: 2026-04-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/861884/000117184326002647/0001171843-26-002647-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/861884/000117184326002647/f8k_042226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-26-002647
- JSON: https://secwatch.observer/filing/0001171843-26-002647.json
- Plain text: https://secwatch.observer/filing/0001171843-26-002647.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/861884/000117184326002647/0001171843-26-002647-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.