Reducing valve operation is controlled by high pressure at the valve inlet and the adjusting screw on top of the valve assembly. The pressure entering the main valve assists the main valve spring in keeping the reducing valve closed by pushing upward on the main valve disk. However, some of the high pressure is bled to an auxiliary valve on top of the main valve. The auxiliary valve controls the admission of high pressure to the piston on top of the main valve. The piston has a larger surface area than the main valve disk, resulting in a net downward force to open the main valve. The auxiliary valve is controlled by a controlling diaphragm located directly over the auxiliary valve.
The controlling diaphragm transmits a downward force that tends to open the auxiliary valve. The downward force is exerted by the adjusting spring, which is controlled by the adjusting screw. Reduced pressure from the main valve outlet is bled back to a chamber beneath the diaphragm to counteract the downward force of the adjusting spring. The position of the auxiliary valve, and ultimately the position of the main valve, is determined by the position of the diaphragm. The position of the diaphragm is determined by the strength of the opposing forces of the downward force of the adjusting spring versus the upward force of the outlet reduced pressure. Other reducing valves work on the same basic principle, but may use gas, pneumatic, or hydraulic controls in place of the adjusting spring and screw.

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