Reliance (RS) Cost of Revenue (2009 - 2026)
Reliance (RS) reported Cost of Revenue of $2.9 billion for Q1 2026, up 16.43% year-over-year from $2.5 billion in Q1 2025, and up 12.19% quarter-over-quarter from $2.5 billion in Q4 2025.
Reliance (RS) Cost of Revenue (2009 - 2026) Analysis & Trends
Reliance (RS) has 18 years of Cost of Revenue data on file, last reported at $2.9 billion in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $2.9 billion, up 16.43% year-over-year; the trailing twelve-month figure through Mar 2026 was $10.6 billion (up 9.59% YoY), and the FY2025 annual result was $10.2 billion, up 4.71% from the prior year.
- Cost of Revenue grew to $2.9 billion in Q1 2026 per RS's latest filing, from $2.5 billion in the prior quarter.
- Over five years, Cost of Revenue peaked at $3.2 billion in Q2 2022 and troughed at $2.2 billion in Q4 2024.
- A 5-year average of $2.6 billion and a median of $2.6 billion in 2024 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue soared 64.41% in 2022, then retreated 16.58% in 2023.
- A 5-year view of Cost of Revenue shows it stood at $2.5 billion in 2022, then slipped by 6.66% to $2.3 billion in 2023, then dropped by 3.25% to $2.2 billion in 2024, then increased by 13.54% to $2.5 billion in 2025, then climbed by 12.19% to $2.9 billion in 2026.
- Business Quant data shows RS's Cost of Revenue at $2.9 billion in Q1 2026, $2.5 billion in Q4 2025, and $2.6 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | 3.25 Bn |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 8.00 Bn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | - |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 4.44 Bn |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 2.85 Bn |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | 5.00 Bn |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | 308.82 |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | 208.42 Mn |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 521.80 Mn |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | 111.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.85 Bn |
| Mar 31, 2026 | 2.85 Bn |
| Dec 31, 2025 | 2.54 Bn |
| Dec 31, 2025 | 2.54 Bn |
| Sep 30, 2025 | 2.62 Bn |
| Sep 30, 2025 | 2.62 Bn |
| Jun 30, 2025 | 2.57 Bn |
| Jun 30, 2025 | 2.57 Bn |
| Mar 31, 2025 | 2.45 Bn |
| Mar 31, 2025 | 2.45 Bn |
| Dec 31, 2024 | 2.24 Bn |
| Dec 31, 2024 | 2.24 Bn |
| Sep 30, 2024 | 2.41 Bn |
| Sep 30, 2024 | 2.41 Bn |
| Jun 30, 2024 | 2.56 Bn |
| Jun 30, 2024 | 2.56 Bn |
| Mar 31, 2024 | 2.52 Bn |
| Mar 31, 2024 | 2.52 Bn |
| Dec 31, 2023 | 2.32 Bn |
| Dec 31, 2023 | 2.32 Bn |