Richardson Electronics, Ltd. (RELL) Income Statement
RELL FY2026 at a glance
Fiscal year ended May 31, 2026 · U.S. dollarsRELL revenue and net income
Where RELL's revenue goes
FY2026Each bar shows an amount and its share of revenue. RELL kept 2.8% of revenue as net income.
RELL profit margins
RELL growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +9.4% | −4.5% | +5.3% | +4.9% |
| Gross profit | +10.1% | −5.2% | +3.9% | +4.8% |
| Operating income | — | −36.3% | +17.4% | — |
| Net income | — | −34.1% | +31.0% | — |
| EPS (diluted) | +81.8% | −36.3% | +109.1% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
RELL quarterly EPS vs estimates
Richardson Electronics beat the analyst EPS estimate in 7 of the last 8 quarters.
RELL income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $228.6M | $208.9M | $196.5M | $262.7M | $224.6M | $176.9M | $155.9M | $166.7M | $163.2M | $136.9M |
| Cost of revenue | $157.2M | $144.1M | $140.8M | $179.0M | $152.9M | $118.1M | $106.2M | $114.9M | $108.1M | $93.0M |
| Gross profit | $71.3M | $64.8M | $55.7M | $83.7M | $71.7M | $58.8M | $49.7M | $51.7M | $55.1M | $43.9M |
| Research & development | — | — | — | — | — | — | — | — | $0 | $0 |
| Sales, general & admin | $65.7M | $62.2M | $59.5M | $58.7M | $55.7M | $55.9M | $51.3M | $52.2M | $50.4M | $48.6M |
| Total operating expenses | $64.9M | $67.3M | $55.2M | $58.7M | $55.7M | $55.9M | $51.3M | $52.2M | $51.7M | $49.9M |
| Operating income | $6.5M | −$2.5M | $418,000 | $25.0M | $16.0M | $2.9M | −$1.7M | −$421,000 | $3.4M | −$6.0M |
| Interest income | $544,000 | $392,000 | $284,000 | $295,000 | $80,000 | $76,000 | $377,000 | $540,000 | $432,000 | $234,000 |
| Interest expense | — | — | — | $47,000 | $80,000 | $1.4M | $452,000 | $12.3M | $432,000 | $234,000 |
| Income before taxes | $7.5M | −$1.5M | $157,000 | $25.0M | $15.8M | $2.3M | −$1.2M | −$6.3M | $3.9M | −$6.1M |
| Income taxes | $1.1M | −$388,000 | $96,000 | $2.7M | −$2.2M | $653,000 | $624,000 | $1.0M | $1.5M | $812,000 |
| Net income | $6.4M | −$1.1M | $61,000 | $22.3M | $17.9M | $1.7M | −$1.8M | −$7.3M | $3.8M | −$6.9M |
| EBITDA | $11.3M | $6.6M | $4.5M | $28.7M | $19.2M | $5.7M | $2.2M | −$3.1M | $6.9M | −$3.4M |
| EPS (diluted) | $0.40 | $0.22 | $0.03 | $1.55 | $1.25 | $0.01 | −$0.15 | −$0.53 | $0.18 | −$0.48 |
| Gross margin | 31.2% | 31.0% | 28.3% | 31.9% | 31.9% | 33.2% | 31.9% | 31.0% | 33.7% | 32.1% |
| Operating margin | 2.8% | −1.2% | 0.2% | 9.5% | 7.1% | 1.6% | −1.1% | −0.3% | 2.1% | −4.4% |
| Net margin | 2.8% | −0.5% | 0.0% | 8.5% | 8.0% | 0.9% | −1.2% | −4.4% | 2.3% | −5.1% |
| Aug '26 | May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $64.9M | $66.2M | $55.5M | $52.3M | $54.6M | $51.9M | $53.8M | $49.5M | $53.7M | $47.4M | $52.4M | $44.1M |
| Cost of revenue | $42.4M | $45.5M | $37.8M | $36.2M | $37.7M | $35.5M | $37.1M | $34.2M | $37.3M | $32.6M | $36.9M | $31.6M |
| Gross profit | $22.5M | $20.7M | $17.7M | $16.1M | $16.9M | $16.4M | $16.7M | $15.3M | $16.4M | $14.7M | $15.4M | $12.5M |
| Sales, general & admin | — | $17.6M | $16.2M | $15.9M | $16.0M | $15.6M | $14.5M | $16.0M | $16.1M | $14.8M | $14.4M | $14.5M |
| Total operating expenses | $17.4M | $16.8M | $16.2M | $15.9M | $16.0M | $15.7M | $14.5M | $16.0M | $16.1M | $14.8M | $14.4M | $14.5M |
| Operating income | $5.1M | $3.9M | $1.5M | $135,000 | $968,000 | $631,000 | $2.2M | −$667,000 | $316,000 | −$114,000 | $1.0M | −$1.9M |
| Interest income | — | $108,000 | $122,000 | $145,000 | $169,000 | $205,000 | $84,000 | $45,000 | $58,000 | — | $67,000 | $86,000 |
| Income before taxes | $5.0M | $4.1M | $1.2M | −$196,000 | $2.3M | $2.0M | −$3.1M | −$1.1M | $648,000 | −$139,000 | $979,000 | −$2.3M |
| Income taxes | $988,000 | $447,000 | $302,000 | −$75,000 | $421,000 | $889,000 | −$1.0M | −$304,000 | $58,000 | −$20,000 | $229,000 | −$494,000 |
| Net income | $4.1M | $3.7M | $893,000 | −$121,000 | $1.9M | $1.1M | −$2.1M | −$751,000 | $590,000 | −$119,000 | $750,000 | −$1.8M |
| EBITDA | $6.0M | $4.5M | $2.2M | $741,000 | $3.3M | $1.8M | −$2.1M | $346,000 | $1.4M | $950,000 | $2.1M | −$1.2M |
| EPS (diluted) | $0.27 | $0.21 | $0.07 | −$0.01 | $0.13 | $0.12 | $0.11 | −$0.05 | $0.04 | $0.02 | $0.05 | −$0.13 |
| Gross margin | 34.6% | 31.2% | 31.9% | 30.7% | 31.0% | 31.6% | 31.0% | 31.0% | 30.6% | 31.1% | 29.5% | 28.4% |
| Operating margin | 7.9% | 5.8% | 2.7% | 0.3% | 1.8% | 1.2% | 4.0% | −1.3% | 0.6% | −0.2% | 1.9% | −4.4% |
| Net margin | 6.3% | 5.6% | 1.6% | −0.2% | 3.5% | 2.1% | −3.8% | −1.5% | 1.1% | −0.3% | 1.4% | −4.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in RELL's financial statements (latest annual report filed August 3, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
RELL financial results
In fiscal year 2026 (ended May 31, 2026), Richardson Electronics reported revenue of $228.6 million, up 9.4% from the year before. It had net income of $6.4 million, a net profit margin of 2.8%. Diluted earnings per share came to $0.40. Over five years revenue grew at an average rate of 5.3% a year.
See the RELL stock overview for the latest quote and news, or the RELL chart for price history and technical indicators.
RELL income statement FAQ
What is Richardson Electronics's annual revenue?
Richardson Electronics reported total revenue of $228.6 million for fiscal year 2026, which ended on May 31, 2026. That was up 9.4% from $208.9 million the previous year.
Is Richardson Electronics profitable?
Yes. Richardson Electronics reported net income of $6.4 million in fiscal 2026, a net profit margin of 2.8%; its operating margin was 2.8%.
What is Richardson Electronics's gross margin?
Richardson Electronics's gross margin was 31.2% in fiscal 2026: for every $100 of revenue, Richardson Electronics kept $31 after the direct cost of its products and services.
How fast is Richardson Electronics growing?
Revenue grew 5.3% a year on average over the last five fiscal years, from $176.9 million to $228.6 million.
What are Richardson Electronics's earnings per share?
Richardson Electronics earned $0.40 per diluted share in fiscal 2026, compared with $0.22 a year earlier.
When does Richardson Electronics's fiscal year end?
Richardson Electronics's fiscal year ends in May. The latest annual report covers the year ended May 31, 2026 and was filed on August 3, 2026.