R F INDUSTRIES (RFIL) Company Report

RF Industries reported net sales of $22.7 million for Q4 2025, a 23% year-over-year increase, and $80.6 million for the full fiscal year 2025, up 24% from fiscal 2024.
The company achieved a gross profit margin of 37% in Q4 2025 and 33% for the full fiscal year 2025, exceeding its 30% target.
Adjusted EBITDA was $2.6 million (11.5% of net sales) for Q4 2025 and $6.1 million for the full fiscal year 2025, a substantial improvement compared to $838,000 in fiscal 2024.
RF Industries reduced its net debt by $4.6 million compared to the previous year, with cash and cash equivalents of $5.1 million and working capital of $14.1 million as of October 31, 2025.
The company expects another year of growth in fiscal 2026 and has diversified its revenue, with the wireless and telecom market now representing approximately 50% of total sales, down from 70% in prior years.

Jan 14, 2026, 9:30 PM

Transcript

RF Industries Reports Strong Q4 and Fiscal Year 2025 Results, Projects Continued Growth in FY 2026

RFIL

Earnings

Revenue Acceleration/Inflection

Guidance Update

RF Industries reported strong financial results for Q4 and fiscal year 2025, with net sales growing 23% to $22.7 million in Q4 2025 and 24% to $80.6 million for the full fiscal year.
Profitability significantly improved, with Q4 2025 gross profit margin reaching 37% and Adjusted EBITDA at 11.5% of net sales, exceeding stated goals. For the full fiscal year 2025, Adjusted EBITDA was $6.1 million, a substantial increase from $838,000 in fiscal 2024.
The company is successfully executing a strategic transformation from a product seller to a technology solutions provider, diversifying its customer base and end markets such as aerospace, stadiums, venues, and transportation, reducing reliance on the telecom and wireless market to approximately 50% of total sales.
Management anticipates another year of sales growth in fiscal year 2026, expecting a similar trajectory to 2025 with Q1 being the lowest quarter due to seasonality, and projects at least $250,000 in interest savings from a renegotiated credit facility.

Jan 14, 2026, 9:30 PM

Transcript

RF Industries Announces Strong Q4 and Fiscal Year 2025 Financial Results

RFIL

Earnings

Revenue Acceleration/Inflection

RF Industries (RFIL) reported strong financial performance for the fourth quarter and fiscal year ended October 31, 2025. Net sales increased 23% year-over-year to $22.7 million in Q4 2025 and 24% to $80.6 million for the full fiscal year.
The company achieved significant profitability improvements, with gross profit margin rising to 37% in Q4 2025 and 33% for the full fiscal year 2025. Operating income reached $903,000 in Q4 2025 and $1.8 million for the fiscal year, a turnaround from an operating loss in fiscal 2024.
Adjusted EBITDA increased to $2.6 million in Q4 2025 and $6.1 million for the full fiscal year 2025, up from $908,000 and $838,000 respectively in the prior year periods.
Consolidated net income for Q4 2025 was $174,000, or $0.02 per diluted share, improving from a net loss in the prior year quarter.

Jan 14, 2026, 9:08 PM

8-K

RF Industries Ltd Reports Strong Q3 2025 Financial Results

RFIL

Earnings

Revenue Acceleration/Inflection

Guidance Update

RF Industries Ltd reported net sales of $19.8 million in Q3 fiscal 2025, marking a 17.5% year-over-year increase and a 4.7% sequential increase.
The company achieved a gross profit margin of 34%, a 450 basis point improvement over Q3 last year, and realized an operating profit of $719,000 compared to a loss of $419,000 in the comparable prior year period.
Adjusted EBITDA was $1.6 million, representing 8% of net sales, and consolidated net income reached $392,000 or $0.04 per basic and diluted share.
Bookings for Q3 were $24.5 million, and the backlog stood at $19.7 million at quarter end, which has since decreased to $16.1 million as of the document publication date.
Management expects fiscal Q4 net sales to be similar to Q3 and anticipates delivering one of the best full fiscal year results in the company's history, driven by diversification into markets such as aerospace, transportation, and data centers.

Sep 11, 2025, 8:30 PM

Transcript

RF Industries Reports Strong Q3 2025 Financial Results

RFIL

Earnings

Revenue Acceleration/Inflection

Guidance Update

RF Industries (RFIL) reported net sales of $19.8 million for Q3 2025, an increase of 17.5% year-over-year, alongside a gross profit margin of 34%, which is 450 basis points higher than Q3 2024 and above their 30% target.
The company achieved an operating profit of $719,000 and adjusted EBITDA of $1.6 million (8% of net sales) in Q3 2025, marking a significant improvement from losses in the comparable prior year period.
RFIL ended Q3 2025 with a backlog of $19.7 million and bookings of $24.5 million for the quarter, though the backlog stood at $16.1 million as of the call date.
Management anticipates fiscal Q4 2025 net sales to be similar to Q3, driven by continued diversification into markets such as aerospace, transportation, data centers, and venues.

Sep 11, 2025, 8:30 PM

Transcript

RF Industries Ltd Reports Strong Q3 2025 Financial Results

RFIL

Earnings

Revenue Acceleration/Inflection

Guidance Update

RF Industries Ltd reported strong fiscal Q3 2025 financial results, with net sales growing 17.5% year-over-year to $19.8 million and a gross profit margin of 34%, a 450 basis point improvement over Q3 last year.
The company achieved an operating profit of $719,000 and adjusted EBITDA of $1.6 million, or 8% of net sales, marking four consecutive quarters in positive territory for operating profit.
RF Industries ended Q3 with a backlog of $19.7 million on bookings of $24.5 million for the quarter.
Management expects fiscal Q4 2025 net sales to be similar to Q3, with gross margins anticipated to remain north of 30%. The company is focused on achieving its stated goal of at least 10% adjusted EBITDA as a percentage of net sales.

Sep 11, 2025, 8:30 PM

Transcript

RF Industries Ltd Reports Strong Q3 2025 Financial Results

RFIL

Earnings

Revenue Acceleration/Inflection

Guidance Update

RF Industries Ltd reported strong fiscal Q3 2025 results, with net sales increasing 17.5% year-over-year to $19.8 million and gross profit margin improving by 450 basis points to 34%.
The company achieved an operating profit of $719,000 and adjusted EBITDA of $1.6 million (8% of net sales), marking four consecutive quarters of positive operating profit.
Bookings for Q3 2025 were $24.5 million, contributing to a backlog of $19.7 million as of July 31, 2025, which has since adjusted to $16.1 million.
Management expects fiscal Q4 2025 net sales to be similar to Q3 and anticipates gross margins to remain above 30%, driven by a favorable product mix and operating leverage.
The company's performance is attributed to successful diversification into new markets such as aerospace, transportation, and data centers, alongside strengthened relationships with traditional customers.

Sep 11, 2025, 8:30 PM

Transcript

RF Industries Reports Third Quarter Fiscal Year 2025 Financial Results

RFIL

Earnings

Revenue Acceleration/Inflection

RF Industries, Ltd. reported net sales of $19.8 million for the third quarter of fiscal year 2025, marking a 17.5% increase year-over-year from $16.8 million.
The company achieved a gross profit margin of 34% in Q3 2025, up from 29.5% in the prior year quarter, and reported operating income of $720,000, an improvement from an operating loss of $419,000 year-over-year.
Consolidated net income for the quarter was $392,000, or $0.04 per diluted share, a significant improvement from a net loss of $705,000, or $0.07 per diluted share, in the third quarter of fiscal 2024.
Adjusted EBITDA increased to $1.6 million in Q3 2025, compared to $460,000 year-over-year.
The company's backlog stood at $19.7 million at quarter-end, with third quarter bookings totaling $24.5 million.