Reliance, Inc. RS
Revenue Intelligence Report • 66 quarters of SEC filing data • Updated 2026-03-15
Revenue is driven by efficient SG&A spending, with the model indicating that every $1 of SG&A generates about $5.74 in long-run revenue. The latest quarterly revenue was $3.499B, and holdout testing produced a forecast of $3.7B versus actual $3.5B, a roughly 6.3% error, supported by a linear model with about 3.5% MAPE. The FY revenue forecast is $15B, up 7.6% year over year, signaling solid growth momentum. R&D data are not available, so SG&A-driven ROI remains the primary driver of revenue and the near-term outlook.
Investment Thesis
The econometric model achieves strong accuracy (3.5% MAPE), suggesting Reliance, Inc.'s revenue trajectory is well-characterized by its spending patterns. Each $1 of SG&A spending generates $5.74 in revenue, reflecting strong commercial efficiency.
Revenue Forecast
Quarterly Detail
| Quarter | Model Forecast | Actual | 95% Range | YoY Growth | Status |
|---|---|---|---|---|---|
| Q4 2025 | $3.7B | $3.5B | $3.5B – $4.0B | +19.0% | ✓ In range |
| Q2 2026 | $3.8B | $3.4B – $4.1B | +8.0% | ||
| Q3 2026 | $3.8B | $3.4B – $4.3B | +4.4% | ||
| Q4 2026 | $3.9B | $3.3B – $4.4B | +6.1% | ||
| Q1 2027 | $3.9B | $3.3B – $4.5B | +12.1% |
How Spending Drives Revenue
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