RF Industries, Ltd. (RFIL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q3'21 |
|---|
| Sales/Revenue | 20.69M | 18.97M | 22.69M | 19.79M | 18.91M | 19.2M | 18.45M | 16.84M | 16.11M | 13.46M | 15.87M | 15.65M | 22.3M | 18.34M | 22.99M | 23.84M | 21.5M | 16.92M | 21.11M | 15.26M |
| Revenue Growth % | 9.42% | -1.2% | 22.94% | 17.55% | 17.38% | 42.67% | 16.25% | 7.56% | -27.75% | -26.63% | -30.95% | -34.35% | 3.69% | 8.42% | 8.91% | 56.27% | 94.49% | 69.15% | 97.34% | 59.86% |
| Cost of Goods Sold | 13.43M | 12.85M | 14.34M | 13.07M | 12.96M | 13.48M | 13.39M | 12.53M | 11.92M | 10.92M | 11.98M | 11.83M | 16.18M | 13.26M | 16.66M | 16.59M | 15.43M | 13.29M | 16.21M | 10.61M |
| COGS % of Revenue | 64.88% | 67.74% | 63.19% | 66.05% | 68.54% | 70.22% | 72.58% | 74.41% | 74.01% | 81.17% | 75.49% | 75.57% | 72.55% | 72.27% | 72.49% | 69.6% | 71.73% | 78.54% | 76.8% | 69.54% |
| Gross Profit | 7.27M | 6.12M | 8.35M | 6.72M | 5.95M | 5.72M | 5.06M | 4.31M | 4.19M | 2.53M | 3.89M | 3.82M | 6.12M | 5.09M | 6.33M | 7.25M | 6.08M | 3.63M | 4.9M | 4.65M |
| Gross Margin % | 35.12% | 32.26% | 36.81% | 33.95% | 31.46% | 29.78% | 27.42% | 25.59% | 25.99% | 18.83% | 24.51% | 24.43% | 27.45% | 27.73% | 27.51% | 30.4% | 28.27% | 21.46% | 23.2% | 30.46% |
| Gross Profit Growth % | 22.12% | 7.05% | 65.02% | 55.97% | 42.11% | 125.61% | 30.08% | 12.66% | -31.59% | -50.18% | -38.5% | -47.24% | 0.66% | 40.11% | 29.13% | 55.94% | 33.1% | 66.9% | 91.25% | 102% |
| Operating Expenses | 6.17M | 5.94M | 7.45M | 6M | 5.84M | 5.66M | 4.96M | 4.73M | 4.5M | 4.52M | 4.85M | 5.83M | 5.63M | 6.25M | 5.61M | 6.16M | 4.73M | 3.99M | 3.77M | 3.45M |
| OpEx % of Revenue | 29.81% | 31.33% | 32.83% | 30.31% | 30.9% | 29.48% | 26.9% | 28.08% | 27.95% | 33.58% | 30.53% | 37.27% | 25.25% | 34.1% | 24.4% | 25.84% | 22.01% | 23.6% | 17.88% | 22.63% |
| Selling, General & Admin | 5.25M | 5.09M | 6.59M | 5.24M | 5.16M | 4.98M | 4.96M | 4.73M | 4.5M | 4.52M | 4.85M | 5.14M | 4.75M | 5.29M | 5.61M | 5.37M | 3.88M | 3.99M | 3.77M | 3.45M |
| SG&A % of Revenue | 25.39% | 26.84% | 29.04% | 26.48% | 27.29% | 25.93% | 26.9% | 28.08% | 27.95% | 33.58% | 30.53% | 32.86% | 21.3% | 28.86% | 24.4% | 22.52% | 18.03% | 23.6% | 17.88% | 22.63% |
| Research & Development | 915K | 0 | 858K | 759K | 683K | 682K | 723K | 0 | 0 | 0 | 0 | 690K | 882K | 961K | 0 | 791K | 857K | 0 | 0 | 0 |
| R&D % of Revenue | 4.42% | - | 3.78% | 3.84% | 3.61% | 3.55% | 3.92% | - | - | - | - | 4.41% | 3.96% | 5.24% | - | 3.32% | 3.99% | - | - | - |
| Other Operating Expenses | 0 | 1000K | 0 | 0 | 0 | 0 | -723K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 1.1M | 177K | 903K | 720K | 106K | 56K | 96K | -419K | -315K | -1.99M | -957K | -2.01M | 489K | -1.17M | 715K | 1.09M | 1.35M | -362K | 1.12M | 1.2M |
| Operating Margin % | 5.31% | 0.93% | 3.98% | 3.64% | 0.56% | 0.29% | 0.52% | -2.49% | -1.96% | -14.75% | -6.03% | -12.84% | 2.19% | -6.37% | 3.11% | 4.56% | 6.26% | -2.14% | 5.32% | 7.84% |
| Operating Income Growth % | 935.85% | 216.07% | 840.63% | 271.84% | 133.65% | 102.82% | 110.03% | 79.15% | -164.42% | -69.8% | -233.85% | -284.74% | -63.67% | -222.93% | -36.33% | -9.03% | -49.85% | 38.54% | 27975% | 643.64% |
| EBITDA | 1.71M | 795K | 1.52M | 1.34M | 721K | 672K | 728K | 219K | 318K | -1.35M | -319K | -1.38M | 1.11M | -628K | 1.25M | 1.63M | 1.78M | -182K | 1.3M | 1.37M |
| EBITDA Margin % | 8.26% | 4.19% | 6.69% | 6.76% | 3.81% | 3.5% | 3.95% | 1.3% | 1.97% | -10.05% | -2.01% | -8.82% | 4.99% | -3.42% | 5.44% | 6.82% | 8.3% | -1.08% | 6.16% | 9.01% |
| EBITDA Growth % | 137.03% | 18.3% | 108.52% | 510.5% | 126.73% | 149.7% | 328.21% | 115.87% | -71.43% | -115.29% | -125.5% | -184.92% | -37.61% | -245.05% | -3.84% | 18.27% | -37.64% | 48.3% | 404.26% | 4193.75% |
| D&A (Non-Cash Add-back) | 611K | 618K | 615K | 617K | 615K | 616K | 632K | 638K | 633K | 633K | 638K | 630K | 624K | 541K | 536K | 537K | 438K | 180K | 178K | 178K |
| EBIT | 1.1M | -16K | 903K | 720K | 106K | 56K | -208K | -757K | -645K | -2.19M | -1.22M | -2.13M | 417K | -1.32M | 394K | 911K | 639K | -357K | 1.12M | 1.2M |
| Net Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -72K | 0 | 79K | -177K | -107K | 0 | -1K | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 400K | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 72K | 0 | 321K | 177K | 107K | 0 | 1K | 0 |
| Other Income/Expense | -159K | -193K | -251K | -240K | -216K | -265K | -304K | -338K | -330K | -208K | -260K | -117K | -72K | -153K | -321K | -177K | -707K | 5K | -1K | 2K |
| Pretax Income | 939K | -16K | 652K | 480K | -110K | -209K | -208K | -757K | -645K | -2.19M | -1.22M | -2.13M | 417K | -1.32M | 394K | 911K | 639K | -357K | 1.12M | 1.2M |
| Pretax Margin % | 4.54% | -0.08% | 2.87% | 2.43% | -0.58% | -1.09% | -1.13% | -4.5% | -4% | -16.3% | -7.67% | -13.59% | 1.87% | -7.21% | 1.71% | 3.82% | 2.97% | -2.11% | 5.32% | 7.85% |
| Income Tax | 60K | 34K | 479K | 88K | 135K | 36K | 30K | -52K | 3.65M | -831K | -366K | -482K | -164K | -160K | -57K | 140K | 136K | -80K | 309K | 272K |
| Effective Tax Rate % | 6.39% | -212.5% | 73.47% | 18.33% | -122.73% | -17.22% | -14.42% | 6.87% | -565.74% | 37.89% | 30.05% | 22.66% | -39.33% | 12.1% | -14.47% | 15.37% | 21.28% | 22.41% | 27.54% | 22.7% |
| Net Income | 879K | -50K | 173K | 392K | -245K | -245K | -238K | -705K | -4.29M | -1.36M | -851K | -1.65M | 581K | -1.16M | 451K | 771K | 503K | -277K | 813K | 926K |
| Net Margin % | 4.25% | -0.26% | 0.76% | 1.98% | -1.3% | -1.28% | -1.29% | -4.19% | -26.65% | -10.12% | -5.36% | -10.51% | 2.61% | -6.33% | 1.96% | 3.23% | 2.34% | -1.64% | 3.85% | 6.07% |
| Net Income Growth % | 458.78% | 79.59% | 172.69% | 155.6% | 94.29% | 82.01% | 72.03% | 57.14% | -839.07% | -17.21% | -288.69% | -313.36% | 15.51% | -319.49% | -44.53% | -16.74% | -89.62% | 31.27% | 411.32% | 1229.27% |
| Net Income (Continuing) | 879K | -50K | 173K | 392K | -245K | -245K | -238K | -705K | -4.29M | -1.36M | -851K | -1.65M | 581K | -1.16M | 451K | 771K | 503K | -277K | 813K | 926K |
| 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) | 0.08 | -0.00 | 0.02 | 0.04 | -0.02 | -0.02 | -0.02 | -0.07 | -0.41 | -0.13 | -0.08 | -0.16 | 0.06 | -0.11 | 0.04 | 0.08 | 0.05 | -0.03 | 0.08 | 0.09 |
| EPS Growth % | 434.35% | 79.74% | 169.3% | 154.17% | 94.39% | 82.15% | 72.36% | 58% | -828.24% | -18.18% | -287.93% | -312.48% | 14.66% | -300% | -45.13% | -16.33% | -89.77% | 32.76% | 300% | - |
| EPS (Basic) | 0.08 | -0.00 | 0.02 | 0.04 | -0.02 | -0.02 | -0.02 | -0.07 | -0.41 | -0.13 | -0.08 | -0.16 | 0.06 | -0.11 | 0.04 | 0.08 | 0.05 | -0.03 | 0.08 | 0.09 |
| Diluted Shares Outstanding | 11.22M | 10.74M | 10.98M | 10.77M | 10.67M | 10.56M | 10.48M | 10.5M | 10.5M | 10.41M | 10.33M | 10.29M | 10.33M | 10.22M | 10.27M | 10.24M | 10.24M | 10.07M | 10.22M | 10.15M |
| Basic Shares Outstanding | 10.78M | 10.74M | 10.69M | 10.67M | 10.67M | 10.56M | 10.48M | 10.5M | 10.5M | 10.41M | 10.33M | 10.29M | 10.29M | 10.22M | 10.18M | 10.13M | 10.11M | 10.07M | 10.05M | 9.98M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |