RELIANCE, INC.
For the period ended Mar 31, 2026. Filed Apr 29, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed Apr 29, 2026
RS$427.15+1.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Consolidated Statements of Income
(in millions, except shares in thousands and per share amounts)
| | | | | | |
|---|---|---|---|---|---|
| Three Months Ended March 31, · 2026 · · 2025 | |||||
| Net sales | $4,026.0 | | $3,484.7 | ||
| | | | | | |
| Costs and expenses: | | | | | |
| Cost of sales (exclusive of depreciation and amortization shown below) | | 2,854.1 | | | 2,451.4 |
| Warehouse, delivery, selling, general and administrative | | 734.8 | | | 690.2 |
| Depreciation and amortization | | 69.2 | | | 68.7 |
| | | 3,658.1 | | | 3,210.3 |
| | | | | | |
| Operating income | | 367.9 | | | 274.4 |
| | | | | | |
| Other (income) expense: | | | | | |
| Interest expense | | 15.4 | | | 11.5 |
| Other expense, net | | 3.0 | | | 0.5 |
| Income before income taxes | | 349.5 | | | 262.4 |
| Income tax provision | | 83.9 | | | 61.9 |
| Net income | | 265.6 | | | 200.5 |
| Less: net income – noncontrolling interests | | 0.7 | | | 0.8 |
| Net income – Reliance | $264.9 | | $199.7 | ||
| | | | | | |
| Earnings per share: | | | | | |
| Basic | $5.13 | | $3.76 | ||
| Diluted | $5.10 | | $3.74 | ||
| | | | | | |
| Weighted average shares outstanding: | | | | | |
| Basic | | 51,633 | | | 53,075 |
| Diluted | | 51,974 | | | 53,399 |
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