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RICHARDSON ELECTRONICS (RELL)

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Earnings summaries and quarterly performance for RICHARDSON ELECTRONICS.

Recent press releases and 8-K filings for RELL.

Richardson Electronics Reports Q2 FY26 Results with Sales Growth and Improved Operating Income
RELL
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
  • Richardson Electronics reported Q2 FY26 net sales of $52.3 million, a 5.7% increase year-over-year, marking its sixth consecutive quarter of growth, with operating income improving to $0.1 million from a prior year loss of $0.7 million.
  • Growth was primarily driven by the Green Energy Solutions (GES) segment, which saw sales increase by 39.0%, and Canvys, with a 28.1% increase in sales.
  • The company maintains a strong cash position of $33.1 million with no outstanding debt and declared a quarterly cash dividend of $0.06 per common share.
  • Strategic investments in green energy initiatives, including a new design center and demo center, are underway, and the company anticipates a pickup in the semiconductor wafer fab equipment market in the second half of calendar year 2026 due to AI demand.
Jan 8, 2026, 3:00 PM
Richardson Electronics Reports Q2 FY26 Sales Growth and Improved Operating Income
RELL
Earnings
New Projects/Investments
Revenue Acceleration/Inflection
  • Richardson Electronics reported total sales of $52.3 million for Q2 FY26, representing a 5.7% increase year-over-year, and achieved operating income of $0.1 million compared to an operating loss of $0.7 million in the prior year's second quarter.
  • The company's Green Energy Solutions (GES) sales grew by 39.0% to $8.3 million in Q2 FY26, and Canvys sales increased by 28.1%.
  • Richardson Electronics maintained a strong cash position of $33.1 million at the end of Q2 FY26 with no outstanding debt, and declared a regular quarterly cash dividend of $0.06 per common share.
  • The company is investing in growth initiatives, including a new design center in Sweetwater, Texas, and an Illinois-based demo center for Battery Energy Storage (BES) solutions, and anticipates stronger demand in the semiconductor wafer fab equipment market through calendar year 2026 and beyond.
Jan 8, 2026, 3:00 PM
Richardson Electronics Reports Q2 FY26 Financial Results with Sales Growth and Improved Profitability
RELL
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
  • Richardson Electronics reported consolidated net sales of $52.3 million in Q2 FY26, a 5.7% increase compared to the prior year's second quarter. For the first six months of fiscal year 2026, the company achieved net income of $1.8 million, or $0.12 per diluted common share, a significant improvement from a net loss in the prior year period.
  • The Green Energy Solutions (GES) segment led sales growth with a 39.0% increase in Q2 FY26, driven by power management products and an expansion into Europe and Asia.
  • The company anticipates stronger demand for its engineered solutions within the semiconductor wafer fab equipment market well into calendar year 2026 and beyond, attributing this growth to the ongoing benefits of AI on equipment demand.
  • Strategic initiatives include the Sweetwater Design Center, expected to be fully operational in Q3 FY26, and an Illinois-based demo center for Battery Energy Storage (BES) solutions, scheduled for Q4 FY26, with the first BES system order booked in December.
Jan 8, 2026, 3:00 PM
Richardson Electronics Announces Q2 FY2026 Results and Strategic Updates
RELL
Earnings
M&A
New Projects/Investments
  • Richardson Electronics reported consolidated net sales of $52.3 million for Q2 FY2026, representing a 5.7% increase compared to the prior year's second quarter. The company recorded a net loss of $0.1 million for the quarter, an improvement from a net loss of $0.8 million in Q2 FY2025.
  • The company maintains a strong balance sheet with no debt and $33.1 million in cash and cash equivalents as of November 29, 2025.
  • Total company backlog at the end of Q2 FY2026 was $135.7 million, with core Green Energy Solutions (GES) segment backlog growth highlighting continued demand.
  • In January 2025, Richardson Electronics sold most of its Richardson Healthcare assets for $8.2 million to DirectMed Imaging. The remaining Healthcare operations were consolidated into the PMT segment starting Q1 FY2026, as the company aims to simplify its business and prioritize profitable opportunities in higher growth markets.
Jan 8, 2026, 3:00 PM
Richardson Electronics Reports Q2 FY26 Results and Declares Quarterly Cash Dividend
RELL
Earnings
Dividends
Revenue Acceleration/Inflection
  • Richardson Electronics reported Q2 FY26 net sales of $52.3 million, a 5.7% increase year-over-year, or a 9.0% increase when excluding the divested Healthcare segment. This marks the 6th consecutive quarter of year-over-year net sales growth.
  • The company significantly improved its profitability in Q2 FY26, achieving an operating income of $0.1 million compared to an operating loss of $0.7 million in the prior year's second quarter. The net loss was reduced to $0.1 million, resulting in a diluted net loss per share of $0.01.
  • For the first six months of fiscal 2026, net sales increased 3.6% to $106.9 million, with the company reporting a net income of $1.8 million and diluted earnings per share of $0.12.
  • As of November 29, 2025, Richardson Electronics held $33.1 million in cash and cash equivalents and had no outstanding debt on its revolving line of credit.
  • The Board of Directors declared a $0.06 per share quarterly cash dividend for common stock.
Jan 7, 2026, 9:57 PM
Richardson Electronics Reports Second Quarter Fiscal 2026 Results and Declares Quarterly Dividend
RELL
Earnings
Dividends
Revenue Acceleration/Inflection
  • Richardson Electronics reported net sales of $52.3 million for the second quarter of fiscal 2026, a 5.7% increase year-over-year, driven by strong performance in Green Energy Solutions (GES) and Canvys.
  • The company achieved an operating income of $0.1 million for Q2 FY26, a significant improvement from an operating loss of $0.7 million in the prior year, resulting in a net loss per diluted share of $0.01.
  • For the first six months of fiscal 2026, Richardson Electronics generated net income of $1.8 million and diluted earnings per share of $0.12, reversing a net loss in the comparable prior-year period.
  • The Board of Directors declared a quarterly cash dividend of $0.06 per share for common stock, payable on February 25, 2026.
  • As of November 29, 2025, the company maintained a strong financial position with $33.1 million in cash and cash equivalents and no outstanding debt.
Jan 7, 2026, 9:15 PM
Richardson Electronics Reports Q1 FY2026 Results and Strategic Focus
RELL
New Projects/Investments
Revenue Acceleration/Inflection
Dividends
  • Richardson Electronics (RELL) reported Q1 FY2026 sales up 2% year-over-year, or almost 7% excluding the divested healthcare business, with a consolidated gross margin of 31% and net income of $1.9 million.
  • The company is strategically focused on engineered solutions and Green Energy Solutions, targeting a $25 billion energy storage solutions market and expecting considerable growth in this segment for FY2026.
  • RELL maintains a strong balance sheet with zero debt and $30 million to $35 million in cash.
  • Growth is also anticipated from the semiconductor wafer fab market, which is projected to continue its upswing through calendar year 2026.
  • A "Made in America" initiative is expected to secure two to three new manufacturing programs by the end of Q2 or Q3 FY2026, aiming to improve factory utilization and gross margins.
Nov 19, 2025, 8:40 PM
Richardson Electronics Highlights Strategic Shift to Engineered Solutions and Q1 FY2026 Financial Performance
RELL
New Projects/Investments
Revenue Acceleration/Inflection
Guidance Update
  • Richardson Electronics is strategically focusing on engineered solutions, particularly in Green Energy Solutions (wind and EV rail) and the new Energy Storage Solutions market, which presents a $25 billion opportunity.
  • For Q1 FY2026 (June, July, August), the company reported a 2% year-over-year sales increase, or almost 7% when excluding the divested healthcare business, with a consolidated gross margin of 31% and net income of $1.9 million.
  • The company maintains a strong financial position with zero debt and $30 million-$35 million in cash on its books.
  • The semiconductor wafer fab equipment market, a key business area for Richardson Electronics, is currently on an upswing and is projected to grow through calendar year 2026.
  • The sale of the healthcare business in January 2025 is expected to positively impact the bottom line once remaining manufacturing obligations are fulfilled by the end of the fiscal year, as this segment was previously unprofitable.
Nov 19, 2025, 8:40 PM
Richardson Electronics Reports Q1 FY2026 Results and Outlines Growth Strategy
RELL
Revenue Acceleration/Inflection
New Projects/Investments
Dividends
  • Richardson Electronics (RELL) reported Q1 FY2026 sales up 2% year-over-year, or almost 7% excluding the divested healthcare business, with net income of $1.9 million.
  • The company is strategically focusing on engineered solutions within its Green Energy Solutions Group, targeting a $500 million wind market opportunity and a $25 billion energy storage solutions market.
  • RELL maintains a strong financial position with zero debt and $30 million-$35 million in cash, and expects its divested healthcare business to become positive to the bottom line after manufacturing obligations conclude by January/February 2026.
  • The semiconductor wafer fab market, a key business area, is currently on an upswing and is expected to continue growing through calendar year 2026.
Nov 19, 2025, 8:40 PM
Richardson Electronics Reports Q1 FY2026 Financial Results and Strategic Focus
RELL
Earnings
M&A
New Projects/Investments
  • Richardson Electronics reported net sales of $54.6 million for Q1 FY2026, a 1.6% increase year-over-year, with net income rising to $1.9 million from $0.6 million in the prior year's first quarter.
  • The company maintains a strong balance sheet with no debt and $35.7 million in cash and cash equivalents as of August 31, 2025, and generated $1.4 million in operating cash flow in Q1 FY2026.
  • In January 2025, Richardson sold most of its Richardson Healthcare assets for $8.2 million to DirectMed Imaging, retaining CT tube manufacturing under an exclusive supply agreement, with proceeds intended for investment in growth initiatives, primarily within its Green Energy Solutions (GES) segment.
  • Richardson Electronics is expanding its Green Energy Solutions (GES) segment, which includes ultracapacitor-based wind turbine pitch systems with a $454 million global Total Addressable Market (TAM), and energy storage solutions, leveraging its engineering capabilities.
  • Total backlog at the end of Q1 FY2026 was $135 million.
Oct 9, 2025, 2:00 PM