RELIANCE, INC.
For the period ended Jun 30, 2026. Filed Jul 28, 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.
Jun 30, 2026 · Filed Jul 28, 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 · · Six Months Ended | |||||||||||
| · June 30, · · June 30, | |||||||||||
| · 2026 · · 2025 · · 2026 · · 2025 | |||||||||||
| Net sales | $4,630.0 | | $3,659.8 | | $8,656.0 | | $7,144.5 | ||||
| | | | | | | | | | | | |
| Costs and expenses: | | | | | | | | | | | |
| Cost of sales (exclusive of depreciation and amortization shown below) | | 3,329.5 | | | 2,571.9 | | | 6,183.6 | | | 5,023.3 |
| Warehouse, delivery, selling, general and administrative | | 789.4 | | | 706.0 | | | 1,524.2 | | | 1,396.2 |
| Depreciation and amortization | | 69.5 | | | 69.7 | | | 138.7 | | | 138.4 |
| | | 4,188.4 | | | 3,347.6 | | | 7,846.5 | | | 6,557.9 |
| | | | | | | | | | | | |
| Operating income | | 441.6 | | | 312.2 | | | 809.5 | | | 586.6 |
| | | | | | | | | | | | |
| Other (income) expense: | | | | | | | | | | | |
| Interest expense | | 18.2 | | | 14.3 | | | 33.6 | | | 25.8 |
| Other income, net | | (6.4) | | | (6.4) | | | (3.4) | | | (5.9) |
| Income before income taxes | | 429.8 | | | 304.3 | | | 779.3 | | | 566.7 |
| Income tax provision | | 106.2 | | | 70.1 | | | 190.1 | | | 132.0 |
| Net income | | 323.6 | | | 234.2 | | | 589.2 | | | 434.7 |
| Less: net income – noncontrolling interests | | 0.7 | | | 0.5 | | | 1.4 | | | 1.3 |
| Net income – Reliance | $322.9 | | $233.7 | | $587.8 | | $433.4 | ||||
| | | | | | | | | | | | |
| Earnings per share: | | | | | | | | | | | |
| Basic | $6.33 | | $4.44 | | $11.45 | | $8.20 | ||||
| Diluted | $6.29 | | $4.42 | | $11.38 | | $8.15 | ||||
| | | | | | | | | | | | |
| Weighted average shares outstanding: | | | | | | | | | | | |
| Basic | | 51,050 | | | 52,610 | | | 51,340 | | | 52,841 |
| Diluted | | 51,375 | | | 52,923 | | | 51,673 | | | 53,160 |
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