Reliance (RS) Operating Expenses (2009 - 2026)
Reliance (RS) reported Operating Expenses of $3.7 billion for Q1 2026, up 13.95% year-over-year from $3.2 billion in Q1 2025, and up 9.78% quarter-over-quarter from $3.3 billion in Q4 2025.
Reliance (RS) Operating Expenses (2009 - 2026) Analysis & Trends
Reliance (RS) has 18 years of Operating Expenses data on file, last reported at $3.7 billion in Q1 2026.
- Operating Expenses for Q1 2026 came in at $3.7 billion, up 13.95% year-over-year; the trailing twelve-month figure through Mar 2026 was $13.7 billion (up 8.67% YoY), and the FY2025 annual result was $13.3 billion, up 4.79% from the prior year.
- Operating Expenses grew to $3.7 billion in Q1 2026 per RS's latest filing, from $3.3 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $3.9 billion in Q2 2022 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.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 53.23% in 2022, then decreased 13.48% in 2023.
- A 5-year view of Operating Expenses shows it stood at $3.2 billion in 2022, then decreased by 4.56% to $3.0 billion in 2023, then decreased by 0.91% to $3.0 billion in 2024, then increased by 11.64% to $3.3 billion in 2025, then gained by 9.78% to $3.7 billion in 2026.
- Business Quant data shows RS's Operating Expenses at $3.7 billion in Q1 2026, $3.3 billion in Q4 2025, and $3.4 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | -390.27 Mn |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 378.00 Mn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | - |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 175.22 Mn |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 3.66 Bn |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | 5.14 Bn |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | - |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | -423.40 Mn |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 71.50 Mn |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | 14.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 2.96 Bn |