Reliance (RS) Cost of Revenue (2009 - 2026)
Reliance (RS) reported Cost of Revenue of $3.33 billion for Q2 2026, up 29.5% from $2.57 billion a year earlier and up 16.7% from the prior quarter.
Reliance (RS) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Reliance's Cost of Revenue came in at $11.35 billion, up 17.2% year-over-year; for FY2025, it came in at $10.19 billion, up 4.7% from FY2024.
- Cost of Revenue has a five-year compound annual growth rate of 11.0% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $9.73 billion in FY2024 (-5.2%), $10.26 billion in FY2023 (-12.9%), $11.77 billion in FY2022 (+22.6%) and $9.6 billion in FY2021 (+59.1%).
- The Q2 2026 figure ranks as the highest quarterly Cost of Revenue in data going back to Q2 2009.
- Year over year, Cost of Revenue has now increased in each of the last five quarters, with growth averaging 7.2% over the last eight quarters.
- The high point for year-over-year Cost of Revenue in five years was Q4 2021 (growth of 91.9%); the low point was Q2 2023 (a decline of 16.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $2.85 billion (Q1 2026), $2.54 billion (Q4 2025) and $2.62 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 66.45 Bn | 65.21 Bn | 1.73 Bn | 2.68 Bn |
| 2 | W.W. Grainger | 62.58 Bn | 60.18 Bn | 1.98 Bn | 3.04 Bn |
| 3 | Fastenal | 59.02 Bn | 57.94 Bn | 1.06 Bn | 1.32 Bn |
| 4 | Ferguson Enterprises | 43.33 Bn | 40.54 Bn | 2.32 Bn | 5.15 Bn |
| 5 | Sunbelt Rentals Holdings | 31.82 Bn | 31.70 Bn | 1.25 Bn | 1.87 Bn |
| 6 | Reliance | 20.64 Bn | 19.68 Bn | 1.30 Bn | 3.33 Bn |
| 7 | Wesco International | 17.76 Bn | 15.08 Bn | 1.46 Bn | 5.21 Bn |
| 8 | Applied Industrial Technologies | 12.45 Bn | 12.32 Bn | 411.22 Mn | 941.47 Mn |
| 9 | Watsco | 11.13 Bn | 8.82 Bn | 578.93 Mn | 1.53 Bn |
| 10 | Avantor | 10.53 Bn | 9.33 Bn | 537.00 Mn | 1.16 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.33 Bn |
| Mar 31, 2026 | 2.85 Bn |
| Dec 31, 2025 | 2.54 Bn |
| Sep 30, 2025 | 2.62 Bn |
| Jun 30, 2025 | 2.57 Bn |
| Mar 31, 2025 | 2.45 Bn |
| Dec 31, 2024 | 2.24 Bn |
| Sep 30, 2024 | 2.41 Bn |
| Jun 30, 2024 | 2.56 Bn |
| Mar 31, 2024 | 2.52 Bn |
| Dec 31, 2023 | 2.32 Bn |
| Sep 30, 2023 | 2.55 Bn |
| Jun 30, 2023 | 2.66 Bn |
| Mar 31, 2023 | 2.74 Bn |
| Dec 31, 2022 | 2.48 Bn |
| Sep 30, 2022 | 3.01 Bn |
| Jun 30, 2022 | 3.19 Bn |
| Mar 31, 2022 | 3.10 Bn |
| Dec 31, 2021 | 2.75 Bn |
| Sep 30, 2021 | 2.64 Bn |
Reliance Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=RS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "RS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=RS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();