For Q3 2026, Reliance forecast non-GAAP diluted EPS of $6.40 to $6.60, including about $0.60 tied to the border wall project.
Q2 results and operating highlights
Reliance posted Q2 2026 diluted EPS of $6.29, up 42.3% year over year; net sales rose 26.5% to $4.63 billion.
Pretax income climbed 41.2% from a year earlier to $429.8 million, while gross profit margin narrowed 1.6 percentage points to 28.1%.
Tons sold increased 10.8% year over year to 1,790,000; average selling price per ton rose 14.5% to $2,602.
CEO Karla Lewis said results benefited from improving customer activity, extended mill lead times, strong pricing, and a meaningful contribution from the U.S. border wall contract.
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