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Reliance (RS) operating margin by quarter

Reliance's operating margin was 10.6% in Q3 2026 (third quarter 2026), +1.1 pts from Q2 2026. Over the last 7 quarters it ranged from 4.8% (Q4 2025) to 10.6% (Q3 2026).

Reliance operating margin by quarterReliance operating margin by quarter7.9%Q1 20258.5%Q2 20257.1%Q3 20254.8%Q4 20259.1%Q1 20269.5%Q2 202610.6%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202610.6%+1.1 pts+3.5 pts
Q2 20269.5%+0.4 pts+1.0 pts
Q1 20269.1%+4.4 pts+1.3 pts
Q4 20254.8%-2.4 pts—
Q3 20257.1%-1.4 pts—
Q2 20258.5%+0.7 pts—
Q1 20257.9%——

Q3 2026 at a glance

Reliance, Q3 2026: revenue $5.2B (+43% year over year), operating margin 10.6%, net earnings $403M, operating cash flow $212M. The chart follows the revenue to costs, profit and cash.

Questions

What is Reliance's operating margin?

Reliance's operating margin was 10.6% in Q3 2026 (third quarter 2026), +1.1 pts from Q2 2026.

How has Reliance's operating margin changed?

Over the last 7 quarters it ranged from 4.8% (Q4 2025) to 10.6% (Q3 2026).

Q3 2026 results → · How Reliance makes money →