Reliance, Inc. Reports Q3 2026 Results: Non-GAAP EPS Surges 120% YoY, Buyback Raised to $2.5B

Reliance, Inc. (NYSE: RS) Q3 2026 Financial Results Summary

Reliance, Inc. filed a Form 8-K furnishing its financial results for the third quarter ended September 30, 2026, via Item 2.02 (Results of Operations and Financial Condition).

Key Financial Highlights:

• Net Sales: Reached a record $5.21 billion, up 12.6% sequentially from Q2 2026 ($4.63 billion) and up 42.8% year-over-year compared to Q3 2025 ($3.65 billion).
• Diluted EPS: Reported GAAP diluted EPS of $7.84 versus $3.59 in Q3 2025 (+118.4% YoY). Non-GAAP diluted EPS reached $8.02, jumping 120.3% YoY from $3.64 in Q3 2025.
• Pretax Income: Stood at $531.9 million, representing a 114.7% increase compared to $247.7 million in Q3 2025.
• Cash Flow: Generated $212.0 million in cash from operations during the quarter, with free cash flow of $133.0 million.
• Capital Allocation: The Board of Directors expanded the Company's share repurchase program authorization to $2.5 billion.
• Balance Sheet Strength: Leverage remained modest with net debt-to-EBITDA at 0.8x and net debt-to-total capital at 15.3%.