Reliance Q2 net sales $3.66 billion; Q3 EPS outlook $3.60 to $3.80
Reliance, Inc. reported second-quarter 2025 net sales of $3.66 billion, up 5.0% from the first quarter but up only 0.5% from a year earlier. Diluted EPS was $4.42, up 18.2% from the first quarter but down 5.4% from the second quarter of 2024. The company expects non-GAAP EPS of $3.60 to $3.80 for the third quarter, which is below its second-quarter non-GAAP EPS of $4.43.
Key points
- Q2 2025 net sales were $3.66 billion, up 5.0% from Q1 2025 and up 0.5% from Q2 2024.
- Diluted EPS was $4.42 versus $3.74 in Q1 2025 and $4.67 in Q2 2024; non-GAAP diluted EPS was $4.43.
- Q3 2025 non-GAAP EPS is expected at $3.60 to $3.80, including $0.36 per share of LIFO expense; tons sold are expected to fall 1.0% to 3.0% from Q2.
- Reliance repurchased $79.9 million of common stock in Q2 and declared a $1.20 per share quarterly dividend on July 22, 2025, payable August 29, 2025.
The filing
Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 23, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.