Growth Metrics

Reliance (RS) Cost of Revenue (2016 - 2025)

Reliance (RS) has disclosed Cost of Revenue for 17 consecutive years, with $2.5 billion as the latest value for Q4 2025.

  • On a quarterly basis, Cost of Revenue rose 13.54% to $2.5 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $10.2 billion, a 4.71% increase, with the full-year FY2025 number at $10.2 billion, up 4.71% from a year prior.
  • Cost of Revenue was $2.5 billion for Q4 2025 at Reliance, down from $2.6 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $3.2 billion in Q2 2022 to a low of $1.9 billion in Q1 2021.
  • A 5-year average of $2.6 billion and a median of $2.6 billion in 2023 define the central range for Cost of Revenue.
  • Peak YoY movement for Cost of Revenue: soared 91.92% in 2021, then dropped 16.58% in 2023.
  • Reliance's Cost of Revenue stood at $2.7 billion in 2021, then decreased by 9.63% to $2.5 billion in 2022, then dropped by 6.66% to $2.3 billion in 2023, then decreased by 3.25% to $2.2 billion in 2024, then rose by 13.54% to $2.5 billion in 2025.
  • Per Business Quant, the three most recent readings for RS's Cost of Revenue are $2.5 billion (Q4 2025), $2.6 billion (Q3 2025), and $2.6 billion (Q2 2025).