Reliance (RS) Operating Expenses (2009 - 2026)
Reliance (RS) posted quarterly Operating Expenses of $4.2 billion for Q2 2026, up 25.12% year-over-year from $3.3 billion in Q2 2025, and up 14.5% quarter-over-quarter from $3.7 billion in Q1 2026.
Reliance (RS) Operating Expenses (2009 - 2026) Analysis & Trends
Reliance (RS) has reported Operating Expenses for 18 consecutive years, with $4.2 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses rose 25.12% year-over-year to $4.2 billion; the TTM figure through Jun 2026 stood at $14.6 billion (up 14.82% YoY), while the FY2025 annual figure was $13.3 billion, up 4.79% from the prior year.
- Operating Expenses grew to $4.2 billion in Q2 2026 per RS's latest filing, from $3.7 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $4.2 billion in Q2 2026 and bottomed at $3.0 billion in Q4 2024.
- Historically, Operating Expenses has averaged $3.4 billion across 5 years, with a median of $3.3 billion in 2025.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 53.23% — and 2023, when it decreased 13.48%.
- Reliance's Operating Expenses stood at $3.2 billion in 2022, then slipped by 4.56% to $3.0 billion in 2023, then slipped by 0.91% to $3.0 billion in 2024, then rose by 11.64% to $3.3 billion in 2025, then rose by 25.69% to $4.2 billion in 2026.
- Business Quant data shows RS's Operating Expenses at $4.2 billion in Q2 2026, $3.7 billion in Q1 2026, and $3.3 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn | -427.76 Mn |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn | 405.00 Mn |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - | -780.00 Mn |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn | 193.45 Mn |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn | 4.19 Bn |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn | 5.28 Bn |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | -64.82 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - | - |
| 9 | Posco Holdings | 4.34 Bn | 1.84 Bn | 1.04 Bn | -65.40 Mn |
| 10 | Worthington Steel | 1.70 Bn | 1.61 Bn | 118.80 Mn | 81.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.19 Bn |
| Mar 31, 2026 | 3.66 Bn |
| Dec 31, 2025 | 3.33 Bn |
| Sep 30, 2025 | 3.39 Bn |
| Jun 30, 2025 | 3.35 Bn |
| Mar 31, 2025 | 3.21 Bn |
| Dec 31, 2024 | 2.98 Bn |
| Sep 30, 2024 | 3.15 Bn |
| Jun 30, 2024 | 3.29 Bn |
| Mar 31, 2024 | 3.25 Bn |
| Dec 31, 2023 | 3.01 Bn |
| Sep 30, 2023 | 3.23 Bn |
| Jun 30, 2023 | 3.37 Bn |
| Mar 31, 2023 | 3.45 Bn |
| Dec 31, 2022 | 3.16 Bn |
| Sep 30, 2022 | 3.70 Bn |
| Jun 30, 2022 | 3.89 Bn |
| Mar 31, 2022 | 3.77 Bn |
| Dec 31, 2021 | 3.43 Bn |
| Sep 30, 2021 | 3.30 Bn |