Reliance Inc. delivered a solid Q3 2025 performance, achieving record tons sold and increasing its U.S. market share, despite facing challenging market conditions that pressured profit margins.

• Q3 2025 tons sold reached a record high, outperforming the industry by approximately 9 percentage points, raising market share to 17.1%.
• Non-GAAP earnings per diluted share were $3.64, aligning with company expectations while generating $262 million in operating cash flow.
• Approximately $124 million returned to shareholders through dividends and share repurchases, with over 1.4 million shares repurchased year-to-date.
• Continued strong demand in nonresidential construction and general manufacturing sectors, contributing to year-over-year shipment increases.
• Investments in advanced processing equipment and strategic capital expenditure initiatives support long-term growth, while pricing pressures in specific segments remain manageable.