Reliance (RS) Operating Expenses (2009 - 2026)
Reliance's (RS) quarterly Operating Expenses came in at $4.2 billion in 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.
Analysis
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.
- On a quarterly basis, Operating Expenses rose 25.12% year-over-year to $4.2 billion in Q2 2026; TTM through Jun 2026 was $14.6 billion, a 14.82% increase from a year earlier, with the FY2025 full-year figure at $13.3 billion, up 4.79% from the prior year.
- Operating Expenses was $4.2 billion for Q2 2026 at Reliance, up from $3.7 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $4.2 billion in Q2 2026 and troughed at $3.0 billion in Q4 2024.
- A 5-year average of $3.4 billion and a median of $3.3 billion in 2025 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 53.23% in 2022 and retreated 13.48% in 2023, its largest moves.
- Over 5 years, Operating Expenses stood at $3.2 billion in 2022, then retreated by 4.56% to $3.0 billion in 2023, then retreated by 0.91% to $3.0 billion in 2024, then grew by 11.64% to $3.3 billion in 2025, then grew by 25.69% to $4.2 billion in 2026.
- The last three Operating Expenses figures came in at $4.2 billion (Q2 2026), $3.7 billion (Q1 2026), and $3.3 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 60.16 Bn | 59.57 Bn | 1.98 Bn | 1.18 Bn |
| 2 | Fastenal | 55.52 Bn | 55.31 Bn | 1.06 Bn | 561.80 Mn |
| 3 | Ferguson Enterprises | 43.11 Bn | 42.29 Bn | 2.32 Bn | 1.61 Bn |
| 4 | Reliance | 20.00 Bn | 19.76 Bn | 1.30 Bn | 4.19 Bn |
| 5 | Wesco International | 17.12 Bn | 16.31 Bn | 1.46 Bn | 1.02 Bn |
| 6 | Applied Industrial Technologies | 11.99 Bn | 11.86 Bn | 411.22 Mn | 251.91 Mn |
| 7 | Watsco | 11.85 Bn | 11.39 Bn | 578.93 Mn | 348.99 Mn |
| 8 | Avantor | 9.97 Bn | 9.66 Bn | 537.00 Mn | 415.20 Mn |
| 9 | Core & Main | 7.83 Bn | 7.68 Bn | 520.00 Mn | 343.00 Mn |
| 10 | Msc Industrial Direct | 6.66 Bn | 6.58 Bn | 430.41 Mn | 323.66 Mn |
Historic Data
Download Data
Historic 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 |