Richardson Electronics, Ltd. (RELL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 55.47M | 52.29M | 54.61M | 51.89M | 53.8M | 49.49M | 53.73M | 47.37M | 52.38M | 44.13M | 52.58M | 58.83M | 70.36M | 65.91M | 67.56M | 61.63M | 55.31M | 53.98M | 53.7M | 50.47M |
| Revenue Growth % | 3.1% | 5.65% | 1.64% | 9.53% | 2.73% | 12.15% | 2.18% | -19.48% | -25.57% | -33.04% | -22.17% | -4.54% | 27.22% | 22.09% | 25.8% | 22.11% | 22.27% | 27.25% | 38.37% | 35.09% |
| Cost of Goods Sold | 37.79M | 36.21M | 37.68M | 35.51M | 37.13M | 34.16M | 37.3M | 32.65M | 36.94M | 31.59M | 35.32M | 42.43M | 47.96M | 44.05M | 44.53M | 41.45M | 37.74M | 36.32M | 37.41M | 34.12M |
| COGS % of Revenue | 68.13% | 69.25% | 69% | 68.44% | 69.01% | 69.03% | 69.43% | 68.92% | 70.53% | 71.58% | 67.17% | 72.11% | 68.16% | 66.84% | 65.91% | 67.26% | 68.23% | 67.29% | 69.65% | 67.59% |
| Gross Profit | 17.68M | 16.08M | 16.93M | 16.38M | 16.67M | 15.33M | 16.43M | 14.72M | 15.44M | 12.54M | 17.26M | 16.41M | 22.41M | 21.85M | 23.03M | 20.18M | 17.57M | 17.66M | 16.3M | 16.36M |
| Gross Margin % | 31.87% | 30.75% | 31% | 31.56% | 30.99% | 30.97% | 30.57% | 31.08% | 29.47% | 28.42% | 32.83% | 27.89% | 31.84% | 33.16% | 34.09% | 32.74% | 31.77% | 32.71% | 30.35% | 32.41% |
| Gross Profit Growth % | 6.04% | 4.9% | 3.06% | 11.21% | 8.01% | 22.2% | -4.85% | -10.25% | -31.1% | -42.6% | -25.03% | -18.69% | 27.53% | 23.75% | 41.3% | 23.35% | 11.44% | 23.11% | 31.86% | 43.84% |
| Operating Expenses | 16.18M | 15.94M | 15.96M | 15.74M | 14.5M | 15.99M | 16.11M | 14.84M | 14.43M | 14.49M | 15.79M | 15.01M | 14.78M | 14.68M | 14.25M | 15.17M | 13.95M | 13.13M | 13.47M | 14M |
| OpEx % of Revenue | 29.16% | 30.49% | 29.23% | 30.34% | 26.95% | 32.32% | 29.99% | 31.32% | 27.55% | 32.83% | 30.03% | 25.51% | 21% | 22.27% | 21.09% | 24.62% | 25.22% | 24.33% | 25.08% | 27.74% |
| Selling, General & Admin | 16.18M | 15.94M | 15.96M | 15.57M | 14.5M | 15.99M | 16.11M | 14.84M | 14.43M | 14.49M | 15.79M | 15.01M | 14.78M | 14.68M | 14.25M | 15.17M | 13.95M | 13.13M | 13.47M | 14M |
| SG&A % of Revenue | 29.16% | 30.49% | 29.23% | 30% | 26.95% | 32.32% | 29.99% | 31.32% | 27.55% | 32.83% | 30.03% | 25.51% | 21% | 22.27% | 21.09% | 24.62% | 25.22% | 24.33% | 25.08% | 27.74% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 178K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 1.5M | 135K | 968K | 631K | 2.17M | -667K | 316K | -114K | 1.01M | -1.95M | 1.47M | 1.4M | 7.63M | 7.17M | 8.78M | 5M | 3.62M | 4.52M | 2.83M | 2.36M |
| Operating Margin % | 2.71% | 0.26% | 1.77% | 1.22% | 4.04% | -1.35% | 0.59% | -0.24% | 1.92% | -4.41% | 2.8% | 2.37% | 10.84% | 10.89% | 13% | 8.12% | 6.55% | 8.38% | 5.27% | 4.67% |
| Operating Income Growth % | -30.79% | 120.24% | 206.33% | 653.51% | 116% | 65.72% | -78.53% | -108.16% | -86.81% | -127.13% | -83.23% | -72.08% | 110.49% | 58.65% | 210.43% | 112.39% | 1072.49% | 430.75% | 558.35% | 282.92% |
| EBITDA | 2.49M | 1.07M | 1.94M | 1.6M | 3.15M | 348K | 1.36M | 975K | 2.11M | -830K | 2.47M | 2.38M | 8.54M | 8.07M | 9.66M | 5.87M | 4.5M | 5.38M | 3.66M | 3.19M |
| EBITDA Margin % | 4.49% | 2.05% | 3.55% | 3.08% | 5.86% | 0.7% | 2.53% | 2.06% | 4.03% | -1.88% | 4.7% | 4.05% | 12.13% | 12.24% | 14.3% | 9.52% | 8.13% | 9.97% | 6.81% | 6.31% |
| EBITDA Growth % | -20.88% | 208.05% | 42.57% | 63.69% | 49.34% | 141.93% | -44.94% | -59.03% | -75.29% | -110.29% | -74.44% | -59.43% | 89.94% | 49.92% | 164.21% | 84.21% | 288.17% | 211.94% | 1328.52% | 865.63% |
| D&A (Non-Cash Add-back) | 989K | 937K | 971K | 965K | 978K | 1.01M | 1.04M | 1.09M | 1.1M | 1.12M | 998K | 983K | 912K | 893K | 883K | 863K | 872K | 859K | 829K | 829K |
| EBIT | 1.2M | -196K | 2.33M | 809K | -3.09M | -669K | 314K | -139K | 979K | -2.29M | 1.61M | 1.54M | 8M | 7.07M | 8.43M | 4.79M | 3.5M | 4.67M | 2.8M | 2.3M |
| Net Interest Income | 122K | 145K | 169K | 205K | 84K | 45K | 58K | 60K | 67K | 86K | 71K | 116K | 76K | 78K | 25K | 44K | 11K | 8K | 17K | 28K |
| Interest Income | 122K | 145K | 169K | 205K | 84K | 45K | 58K | 60K | 67K | 86K | 71K | 116K | 76K | 78K | 25K | 44K | 11K | 8K | 17K | 28K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | -309K | -331K | 1.36M | 1.33M | -5.26M | -388K | 332K | -25K | -27K | -345K | 136K | 139K | 369K | -107K | -347K | -215K | -127K | 150K | -26K | -57K |
| Pretax Income | 1.2M | -196K | 2.33M | 1.96M | -3.09M | -1.05M | 648K | -139K | 979K | -2.29M | 1.61M | 1.54M | 8M | 7.07M | 8.43M | 4.79M | 3.5M | 4.67M | 2.8M | 2.3M |
| Pretax Margin % | 2.15% | -0.37% | 4.27% | 3.79% | -5.74% | -2.13% | 1.21% | -0.29% | 1.87% | -5.19% | 3.06% | 2.61% | 11.36% | 10.72% | 12.48% | 7.77% | 6.32% | 8.66% | 5.22% | 4.55% |
| Income Tax | 302K | -75K | 421K | 889K | -1.03M | -304K | 58K | -20K | 229K | -494K | 381K | -2.58M | 1.66M | 1.52M | 2.11M | -3.49M | 609K | 550K | 167K | 414K |
| Effective Tax Rate % | 25.27% | 38.27% | 18.07% | 45.26% | 33.39% | 28.82% | 8.95% | 14.39% | 23.39% | 21.56% | 23.69% | -168.23% | 20.7% | 21.48% | 25% | -72.96% | 17.42% | 11.77% | 5.96% | 18.01% |
| Net Income | 893K | -121K | 1.91M | 1.07M | -2.06M | -751K | 590K | -119K | 750K | -1.8M | 1.23M | 4.12M | 6.34M | 5.55M | 6.32M | 8.28M | 2.89M | 4.12M | 2.63M | 1.89M |
| Net Margin % | 1.61% | -0.23% | 3.5% | 2.07% | -3.82% | -1.52% | 1.1% | -0.25% | 1.43% | -4.07% | 2.33% | 7% | 9.01% | 8.42% | 9.36% | 13.44% | 5.22% | 7.64% | 4.91% | 3.73% |
| Net Income Growth % | 143.41% | 83.89% | 223.56% | 1003.36% | -374.27% | 58.21% | -51.92% | -102.89% | -88.17% | -132.38% | -80.6% | -50.26% | 119.61% | 34.62% | 140% | 339.42% | 1166.23% | 498.26% | 329.73% | 247.27% |
| Net Income (Continuing) | 893K | -121K | 1.91M | 1.07M | -2.06M | -751K | 590K | -119K | 750K | -1.8M | 1.23M | 4.12M | 6.34M | 5.55M | 6.32M | 8.28M | 2.89M | 4.12M | 2.63M | 1.89M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.06 | -0.01 | 0.13 | 0.09 | -0.15 | -0.05 | 0.04 | -0.01 | 0.05 | -0.13 | 0.09 | 0.23 | 0.44 | 0.39 | 0.47 | 0.59 | 0.20 | 0.30 | 0.20 | 0.13 |
| EPS Growth % | 141% | 79.21% | 219.41% | - | -385.71% | 63% | -52.29% | -103.7% | -88.07% | -133.33% | -81.85% | -61.02% | 120% | 30% | 135% | 353.85% | 900% | 500% | 329.62% | 233.47% |
| EPS (Basic) | 0.06 | -0.01 | 0.13 | 0.09 | -0.15 | -0.05 | 0.04 | -0.01 | 0.05 | -0.13 | 0.09 | 0.24 | 0.46 | 0.40 | 0.47 | 0.62 | 0.21 | 0.31 | 0.20 | 0.13 |
| Diluted Shares Outstanding | 12.63M | 12.58M | 14.59M | 12.52M | 14.38M | 12.26M | 14.48M | 14.08M | 14.29M | 14.07M | 14.39M | 14.45M | 14.51M | 14.38M | 14.38M | 13.95M | 14.1M | 13.79M | 13.56M | 13.45M |
| Basic Shares Outstanding | 12.46M | 12.43M | 14.39M | 12.34M | 14.38M | 12.26M | 14.48M | 14.08M | 14.07M | 14.07M | 13.56M | 13.94M | 13.89M | 13.97M | 13.77M | 13.47M | 13.57M | 13.37M | 13.29M | 13.23M |
| Dividend Payout Ratio | 96.19% | - | 5.19% | 79.26% | - | - | 144.07% | - | 112.53% | - | 68.7% | 20.29% | 13.15% | 14.98% | 12.95% | 9.77% | 27.92% | 19.21% | 29.83% | 41.49% |