Reliance Q3 2026 net sales hit record $5.21B, non-GAAP EPS $8.02 up 120% YoY

RELIANCE, INC.

Net sales $5,213.2M rose 12.6% sequentially and 42.8% YoY; tons sold 1,867.2K, up 4.3% sequentially
Non-GAAP diluted EPS $8.02 beat guidance of $6.40-$6.60; GAAP EPS $7.84; pretax income $531.9M, up 114.7% YoY
LIFO expense of $187.5M ($2.74/share) exceeded the $1.10 expectation; FIFO non-GAAP EPS was $10.76
U.S. border wall project added $0.74/share and 3.7% of sequential tons; board raised buyback authorization to $2.5B
Q4 2026 guidance: non-GAAP EPS $7.40-$7.60, up over 200% YoY, including ~$0.70 from border wall shipments

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