Richardson Electronics Ltd (RELL) Financials

RELL

Trailing 12 months to August 29, 2026

Revenue $238.9M YoY not available

Net Income $8.5M YoY not available

Free Cash Flow $213K YoY not available

Operating Cash Flow $5.3M YoY not available

Market Cap $309.3M as of Oct 10, 2026

Price / Sales 1.3x on $238.9M revenue, trailing 12 months to August 29, 2026

Price / Earnings 36.2x on $8.5M net income, trailing 12 months to August 29, 2026

Price / Book 1.8x on $169.2M equity, Q1 FY2027

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q1 FY2027, ended Aug 29, 2026 Reported Oct 8, 2026 Currency USD FYE May

Newest figures come from the 10-Q for Q1 FY2027, filed Oct 8, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the RELL SEC filings page.

Richardson Electronics Ltd (RELL) reported $238.9M in revenue over the twelve months to Aug 29, 2026. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI RELL FY2026 2026-10-04

Revenue recovered in FY2026, but thin operating margins and uneven cash conversion make working-capital discipline central to the business.

FY2026 restored operating profitability, but operating cash flow fell from $10.6M in FY2025 to $762K. With free cash flow moving from $7.7M positive to a $3.6M deficit, the earnings rebound came with a much weaker cash harvest rather than a fully smooth recovery.

The rebound looks more like fixed-cost absorption than a richer gross-margin mix: gross margin stayed near 31% across FY2025-FY2026, while operating margin moved from -1.2% to 2.8% as gross-profit dollars recovered. SG&A rose to $65.7M, so the business still needs modest revenue volume to cover overhead before much profit reaches shareholders.

Short-term liquidity is ample: the current ratio was 4.7x and liabilities were $38.3M. Yet inventory stood at $103.0M and receivables reached $33.2M, indicating that cash can remain tied up in stock and customer balances despite substantial balance-sheet coverage.

Financial Health Signals

Financial Health Score 53/100

Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Richardson Electronics Ltd's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Richardson Electronics Ltd has an operating margin of 2.8%, meaning the company retains $3 of operating profit per $100 of revenue. This results in a moderate score of 33/100, indicating healthy but not exceptional operating efficiency. This is up from -1.2% the prior year.

Growth

Richardson Electronics Ltd's revenue grew 9.4% year-over-year to $228.6M, a solid pace of expansion. This earns a growth score of 59/100.

Leverage

Richardson Electronics Ltd carries a low D/E ratio of 0.23, meaning only $0.23 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 73/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

With a current ratio of 4.75, Richardson Electronics Ltd holds $4.75 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 91/100.

Cash Flow

While Richardson Electronics Ltd generated $762K in operating cash flow, capex of $4.4M consumed most of it, leaving -$3.6M in free cash flow. This results in a low score of 27/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Richardson Electronics Ltd's ROE of 3.9% shows moderate profitability relative to equity, earning a score of 35/100. This is up from -0.7% the prior year.

Altman Z-Score Safe

7.46

Richardson Electronics Ltd scores 7.46, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($309.3M) relative to total liabilities ($38.3M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

6/7

Richardson Electronics Ltd passes 6 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Low Quality

0.12x

For every $1 of reported earnings, Richardson Electronics Ltd generates $0.12 in operating cash flow ($762K OCF vs $6.4M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue

$64.9M

YoY+18.9%

QoQ-1.9%

5Y CAGR+7.5%

10Y CAGR+6.7%

Richardson Electronics Ltd generated $64.9M in revenue in Q1 2027. This represents an increase of 18.9% from the same quarter a year earlier. Against the prior quarter it is down 1.9%.

EBITDA

$6.0M

YoY+210.6%

QoQ+26.5%

Richardson Electronics Ltd's EBITDA was $6.0M in Q1 2027, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 210.6% from the same quarter a year earlier. Against the prior quarter it is up 26.5%.

Net Income

$4.1M

YoY+112.6%

QoQ+9.6%

5Y CAGR+77.9%

Richardson Electronics Ltd reported $4.1M in net income in Q1 2027. This represents an increase of 112.6% from the same quarter a year earlier. Against the prior quarter it is up 9.6%.

EPS (Diluted)

Not reported for Q1 2027.

Cash & Balance Sheet

Free Cash Flow

$4.2M

YoY+1121.1%

QoQ+262.8%

5Y CAGR+13.2%

Richardson Electronics Ltd generated $4.2M in free cash flow in Q1 2027, representing cash available after capex. This represents an increase of 1121.1% from the same quarter a year earlier. Against the prior quarter it is up 262.8%.

Cash & Debt

$36.9M

YoY+3.5%

QoQ+16.2%

5Y CAGR-0.8%

10Y CAGR-5.9%

Richardson Electronics Ltd held $36.9M in cash as of Q1 2027; long-term debt is not reported for that period.

Shares Outstanding

Diluted avg 13M

Richardson Electronics Ltd had a weighted average of 13M diluted shares in Q1 2027; the shares outstanding count is not reported for that period.

Dividends Per Share

Not reported for Q1 2027.

Margins & Returns

Gross Margin

34.6%

YoY+3.6pp

QoQ+3.4pp

5Y change-0.2pp

10Y change+4.0pp

Richardson Electronics Ltd's gross margin was 34.6% in Q1 2027, indicating the percentage of revenue retained after direct costs. This is up 3.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.4 percentage points.

Operating Margin

7.9%

YoY+6.1pp

QoQ+2.0pp

Richardson Electronics Ltd's operating margin was 7.9% in Q1 2027, reflecting core business profitability. This is up 6.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.0 percentage points.

Net Margin

6.3%

YoY+2.7pp

QoQ+0.7pp

5Y change+5.8pp

10Y change+13.0pp

Richardson Electronics Ltd's net profit margin was 6.3% in Q1 2027, showing the share of revenue converted to profit. This is up 2.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.7 percentage points.

Return on Equity

2.4%

YoY+1.2pp

QoQ+0.1pp

5Y change+2.2pp

10Y change+4.0pp

Richardson Electronics Ltd's ROE was 2.4% in Q1 2027, measuring profit generated per dollar of shareholder equity. This is up 1.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.1 percentage points.

Capital Allocation

Capital Expenditures

$1.7M

YoY+65.6%

QoQ+70.9%

5Y CAGR+25.0%

10Y CAGR+7.9%

Richardson Electronics Ltd invested $1.7M in capex in Q1 2027, funding long-term assets and infrastructure. This represents an increase of 65.6% from the same quarter a year earlier. Against the prior quarter it is up 70.9%.

R&D Spending

Not reported for Q1 2027.

Share Buybacks

Not reported for Q1 2027.

RELL Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

RELL quarterly income statement

Metric	TTM	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Revenue	$238.9M	$228.6M+9.4%	$208.9M+6.3%	$196.5M-25.2%	$262.7M+16.9%	$224.6M+26.9%	$176.9M+13.5%	$155.9M-6.5%	$166.7M+2.1%	$163.2M+19.2%	$136.9M-3.6%	$142.0M+3.7%	$137.0M-0.7%	$138.0M-2.2%	$141.1M-10.6%	$157.8M
Cost of Revenue	$162.0M	$157.2M+9.1%	$144.1M+5.6%	$136.5M-23.7%	$179.0M+17.0%	$152.9M+29.5%	$118.1M+11.2%	$106.2M-7.6%	$114.9M+6.3%	$108.1M+16.3%	$93.0M-4.3%	$97.2M+1.4%	$95.8M-1.2%	$96.9M-2.6%	$99.5M-10.4%	$111.1M
Gross Profit	$76.9M	$71.3M+10.1%	$64.8M+8.1%	$60.0M-28.3%	$83.7M+16.7%	$71.7M+21.9%	$58.8M+18.4%	$49.7M-4.0%	$51.7M-6.1%	$55.1M+25.5%	$43.9M-2.1%	$44.8M+9.0%	$41.1M+0.3%	$41.0M-1.3%	$41.5M-11.2%	$46.8M
SG&A Expenses	$67.1M	$65.7M+5.7%	$62.2M+4.4%	$59.5M+1.4%	$58.7M+5.4%	$55.7M-0.4%	$55.9M+9.0%	$51.3M-1.6%	$52.2M+0.8%	$51.7M+3.8%	$49.9M-3.4%	$51.6M+4.9%	$49.2M+13.2%	$43.5M+4.7%	$41.5M+2.3%	$40.6M
Operating Income	$10.6M	$6.5M+362.4%	-$2.5M-807.8%	$348K-98.6%	$25.0M+56.6%	$16.0M+452.7%	$2.9M+274.2%	-$1.7M+75.5%	-$6.8M-286.7%	$3.6M+163.0%	-$5.8M+12.1%	-$6.6M+19.0%	-$8.1M-94.7%	-$4.2M-37854.5%	$11K-99.8%	$6.3M
EBITDA	N/A	$10.3M+566.2%	$1.5M-66.9%	$4.7M-83.8%	$28.7M+47.9%	$19.4M+207.1%	$6.3M+265.0%	$1.7M+148.0%	-$3.6M-154.4%	$6.6M+319.1%	-$3.0M+27.6%	-$4.2M+34.6%	-$6.4M-108.5%	-$3.1M-386.4%	$1.1M-85.5%	$7.4M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$1K
Income Tax	$1.7M	$1.1M+382.2%	-$388K-504.2%	$96K-96.4%	$2.7M+224.4%	-$2.2M-432.0%	$653K+4.6%	$624K-38.6%	$1.0M-33.7%	$1.5M+88.9%	$812K+48.7%	$546K+137.2%	-$1.5M-377.5%	-$307K-291.9%	$160K+147.9%	-$334K
Net Income	$8.5M	$6.4M+658.4%	-$1.1M-1973.8%	$61K-99.7%	$22.3M+24.6%	$17.9M+983.2%	$1.7M+190.0%	-$1.8M+74.9%	-$7.3M-291.7%	$3.8M+155.2%	-$6.9M-2.4%	-$6.8M-21.7%	-$5.6M-979.4%	-$515K-141.3%	$1.2M-85.4%	$8.5M
Diluted Shares (Avg)	N/A	13M+3.2%	12M-1.3%	12M-0.6%	13M+6.1%	12M+5.9%	11M+1.3%	11M+0.9%	11M	N/A	13M-1.6%	13M-5.7%	14M-2.3%	14M-7.9%	15M-10.2%	17M

Metric	Q1'2710-Q	Q4'2610-Q	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q2'2510-Q	Q1'2510-Q
Revenue	$64.9M+18.9%	$66.2M+23.0%	$55.5M	$52.3M+5.7%	$54.6M+1.6%	$53.8M+2.7%	$49.5M-5.9%	$53.7M
Cost of Revenue	$42.4M+12.6%	$45.5M+22.6%	$37.8M	$36.2M+6.0%	$37.7M+1.0%	$37.1M+0.5%	$34.2M-3.3%	$37.3M
Gross Profit	$22.5M+32.9%	$20.7M+23.9%	$17.7M	$16.1M+4.9%	$16.9M+3.1%	$16.7M+8.0%	$15.3M-11.2%	$16.4M
SG&A Expenses	$17.4M+8.9%	$17.6M+21.6%	$16.2M	$15.9M-0.3%	$16.0M-0.9%	$14.5M+0.5%	$16.0M+1.3%	$16.1M
Operating Income	$5.1M+428.4%	$3.9M+241.0%	$1.5M	$132K+119.8%	$968K+206.3%	-$2.7M-372.7%	-$667K-145.3%	$316K
EBITDA	$6.0M+210.6%	$4.8M+369.6%	$2.5M	$1.1M+207.2%	$1.9M+42.6%	-$1.8M-183.6%	$348K-85.9%	$1.4M
Income Tax	$988K+134.7%	$447K+143.4%	$302K	-$75K+75.3%	$421K+625.9%	-$1.0M-550.2%	-$304K-179.8%	$58K
Net Income	$4.1M+112.6%	$3.7M+280.0%	$893K	-$121K+83.9%	$1.9M+223.6%	-$2.1M-374.3%	-$751K-161.2%	$590K
Diluted Shares (Avg)	13M+3.8%	N/A	13M	12M+1.2%	13M+0.9%	12M-0.9%	12M-1.8%	12M

Not reported in any period shown, so not listed: R&D Expenses, Interest Expense, EPS (Basic), EPS (Diluted).

RELL Balance Sheet

RELL quarterly balance sheet

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Total Assets	$202.0M+3.2%	$195.8M+1.8%	$192.4M-2.8%	$198.0M+10.1%	$179.8M+14.7%	$156.8M+4.0%	$150.7M-1.5%	$153.0M-8.0%	$166.3M+5.6%	$157.5M-6.3%	$168.1M-9.1%	$185.0M-9.1%	$203.5M-6.3%	$217.3M-6.1%	$231.4M
Current Assets	$172.7M+4.1%	$165.9M+2.6%	$161.7M-3.8%	$168.1M+9.7%	$153.2M+14.1%	$134.3M+6.0%	$126.7M-3.0%	$130.6M-5.2%	$137.8M+7.4%	$128.4M-5.6%	$135.9M-15.7%	$161.2M-16.2%	$192.2M-5.3%	$203.0M-4.8%	$213.3M
Cash & Equivalents	$31.8M-11.5%	$35.9M+48.0%	$24.3M-2.9%	$25.0M-29.6%	$35.5M-18.1%	$43.3M+41.9%	$30.5M-27.3%	$42.0M-30.5%	$60.5M+9.3%	$55.3M-8.5%	$60.5M-18.9%	$74.5M-27.5%	$102.8M+0.7%	$102.0M+132.4%	$43.9M
Short-Term Investments	$0	$0	$0	$0-100.0%	$5.0M	$0-100.0%	$16.0M+100.0%	$8.0M	$0-100.0%	$6.4M+183.5%	$2.3M-90.4%	$23.7M-25.3%	$31.7M-18.6%	$39.0M-62.9%	$105.0M
Inventory	$103.0M+0.2%	$102.8M-6.7%	$110.1M-0.2%	$110.4M+37.3%	$80.4M+26.6%	$63.5M+10.5%	$57.5M+8.0%	$53.2M+5.0%	$50.7M+18.6%	$42.7M-5.9%	$45.4M+17.2%	$38.8M+14.5%	$33.9M-0.3%	$34.0M-2.0%	$34.7M
Accounts Receivable	$33.2M+37.5%	$24.1M-2.8%	$24.8M-17.6%	$30.1M+0.7%	$29.9M+19.1%	$25.1M+24.3%	$20.2M-16.9%	$24.3M+6.1%	$22.9M+10.2%	$20.8M-16.6%	$24.9M+20.1%	$20.8M+13.1%	$18.4M+0.5%	$18.3M-7.4%	$19.7M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0-100.0%	$1.8M-75.0%	$7.2M-33.9%	$10.9M+990.0%	$1.0M-80.0%	$5.0M-51.5%	$10.3M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$6.3M0.0%	$6.3M0.0%	$6.3M	$0	$0-100.0%	$1.5M+20.5%	$1.3M
Total Liabilities	$38.3M-2.2%	$39.2M+13.6%	$34.5M-10.9%	$38.7M-11.9%	$44.0M+24.9%	$35.2M+9.8%	$32.1M+9.6%	$29.3M-6.1%	$31.1M+23.9%	$25.1M-5.0%	$26.5M-6.7%	$28.3M-1.2%	$28.7M-10.5%	$32.1M+2.8%	$31.2M
Current Liabilities	$36.4M-1.1%	$36.8M+14.8%	$32.0M-12.5%	$36.6M-11.2%	$41.2M+27.9%	$32.2M+10.4%	$29.2M+3.4%	$28.2M-5.8%	$29.9M+23.5%	$24.2M+0.9%	$24.0M-7.3%	$25.9M+20.2%	$21.6M-10.4%	$24.1M+12.8%	$21.3M
Non-Current Liabilities	$1.9M-18.5%	$2.4M-2.9%	$2.5M+15.1%	$2.1M-22.7%	$2.8M-6.7%	$3.0M+3.0%	$2.9M+175.8%	$1.0M-13.1%	$1.2M+34.6%	$893K-63.2%	$2.4M-0.2%	$2.4M-65.9%	$7.1M-10.9%	$8.0M-18.9%	$9.9M
Total Equity	$163.7M+4.5%	$156.7M-0.8%	$158.0M-0.9%	$159.3M+17.3%	$135.8M+11.8%	$121.6M+2.4%	$118.7M-4.1%	$123.8M-8.5%	$135.2M+2.2%	$132.3M-6.6%	$141.7M-9.6%	$156.7M-10.4%	$174.8M-5.6%	$185.2M-7.5%	$200.2M
Retained Earnings	$82.3M+3.7%	$79.3M-5.2%	$83.7M-3.8%	$87.0M+27.9%	$68.0M+27.6%	$53.3M-2.7%	$54.8M-8.3%	$59.7M-14.8%	$70.1M+1.1%	$69.3M-12.6%	$79.3M-11.0%	$89.1M-9.0%	$98.0M-3.8%	$101.8M-2.2%	$104.1M

Metric	Q1'2710-Q	Q4'2610-Q	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q2'2510-Q	Q1'2510-Q
Total Assets	$211.7M+5.8%	$202.0M+6.4%	$199.8M	$201.8M+3.4%	$200.1M+1.1%	$189.8M-2.0%	$195.2M-0.1%	$197.9M
Current Assets	$179.6M+5.5%	$172.7M+5.6%	$170.0M	$171.5M+3.6%	$170.3M+1.7%	$163.5M+0.1%	$165.5M0.0%	$167.4M
Cash & Equivalents	$36.9M+3.5%	$31.8M-13.3%	$29.5M	$33.1M+24.4%	$35.7M+54.8%	$36.7M+94.3%	$26.6M+10.4%	$23.0M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$103.3M-1.3%	$103.0M+4.7%	$107.6M	$105.2M-5.0%	$104.6M-5.7%	$98.4M-12.7%	$110.7M-2.6%	$111.0M
Accounts Receivable	$34.9M+29.2%	$33.2M+33.0%	$27.0M	$27.4M+6.3%	$27.0M-12.4%	$24.9M-14.4%	$25.8M+0.7%	$30.9M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$42.5M+4.3%	$38.3M+3.8%	$39.6M	$43.3M+10.9%	$40.7M+4.9%	$36.9M+5.5%	$39.0M+11.0%	$38.8M
Current Liabilities	$38.6M-0.2%	$36.4M+4.7%	$37.8M	$41.4M+12.9%	$38.7M+6.7%	$34.7M+7.6%	$36.7M+10.6%	$36.3M
Non-Current Liabilities	$3.8M+91.7%	$1.9M-10.3%	$1.8M	$1.9M-21.0%	$2.0M-21.0%	$2.2M-19.5%	$2.3M+17.5%	$2.5M
Total Equity	$169.2M+6.2%	$163.7M+7.1%	$160.2M	$158.5M+1.5%	$159.4M+0.2%	$152.9M-3.6%	$156.2M-2.6%	$159.1M
Retained Earnings	$85.5M+6.3%	$82.3M+4.0%	$79.4M	$79.4M-3.2%	$80.4M-3.9%	$79.1M-6.6%	$82.0M-6.2%	$83.6M

Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.

RELL Cash Flow Statement

RELL quarterly cash flow statement

Metric	TTM	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Operating Cash Flow	$5.3M	$762K-92.8%	$10.6M+61.7%	$6.5M+179.6%	-$8.2M-529.0%	$1.9M+129.7%	$832K-56.7%	$1.9M+175.0%	-$2.6M-186.8%	$3.0M+63.2%	$1.8M+113.3%	-$13.6M-38.9%	-$9.8M-312.0%	$4.6M-46.5%	$8.6M+117.7%	-$48.7M
Depreciation & Amortization	N/A	$3.8M-5.3%	$4.0M-7.1%	$4.3M+17.3%	$3.7M+7.2%	$3.4M0.0%	$3.4M+1.1%	$3.4M+6.7%	$3.2M+6.0%	$3.0M+9.2%	$2.7M+15.1%	$2.4M+39.5%	$1.7M+56.0%	$1.1M+3.5%	$1.1M-4.9%	$1.1M
Stock-Based Compensation	N/A	$1.6M+4.9%	$1.5M+16.5%	$1.3M+41.7%	$936K+43.1%	$654K-3.1%	$675K-1.2%	$683K-2.0%	$697K+30.8%	$533K+22.0%	$437K-20.3%	$548K-24.5%	$726K-4.3%	$759K+22.6%	$619K+28.7%	$481K
Capital Expenditures	$5.1M	$4.4M+55.9%	$2.8M-30.4%	$4.0M-45.2%	$7.4M+136.5%	$3.1M+18.5%	$2.6M+48.2%	$1.8M-54.2%	$3.9M-26.1%	$5.2M+0.3%	$5.2M+8.5%	$4.8M+1.6%	$4.7M+70.3%	$2.8M+69.6%	$1.6M+652.3%	$218K
Free Cash Flow	$213K	-$3.6M-146.8%	$7.7M+211.8%	$2.5M+115.9%	-$15.6M-1188.4%	-$1.2M+32.8%	-$1.8M-1324.5%	$147K+102.3%	-$6.4M-181.5%	-$2.3M+33.0%	-$3.4M+81.5%	-$18.4M-26.7%	-$14.5M-892.4%	$1.8M-73.8%	$7.0M+114.3%	-$48.9M
Investing Cash Flow	-$3.8M	-$3.1M-176.6%	$4.0M+199.6%	-$4.0M-85.0%	-$2.2M+73.1%	-$8.1M-160.7%	$13.4M+236.7%	-$9.8M+17.7%	-$11.9M-386.0%	$4.2M+209.6%	-$3.8M-146.0%	$8.2M+219.0%	-$6.9M-191.0%	$7.6M-88.7%	$67.2M+236.1%	-$49.4M
Financing Cash Flow	-$606K	-$2.5M+21.6%	-$3.2M-11.7%	-$2.9M-846.8%	$389K+210.5%	-$352K+88.3%	-$3.0M+6.0%	-$3.2M-13.9%	-$2.8M+4.5%	-$3.0M+1.7%	-$3.0M+62.3%	-$8.0M-15.7%	-$6.9M+42.0%	-$11.9M+35.6%	-$18.4M+30.8%	-$26.6M
Dividends Paid	$3.5M	$3.4M+0.9%	$3.4M+0.9%	$3.4M+1.7%	$3.3M+4.0%	$3.2M+2.3%	$3.1M+0.7%	$3.1M+0.8%	$3.1M+0.9%	$3.0M+0.6%	$3.0M-1.6%	$3.1M-5.6%	$3.3M-2.4%	$3.3M-6.4%	$3.6M+7.7%	$3.3M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$5.0M+27.1%	$3.9M-54.9%	$8.7M-41.8%	$15.0M-37.4%	$24.0M

Metric	Q1'2710-Q	Q4'2610-Q	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q2'2510-Q	Q1'2510-Q
Operating Cash Flow	$5.9M+329.6%	$2.1M-53.4%	-$2.6M	-$99K-101.8%	$1.4M+231.8%	$4.6M+281.8%	$5.5M+438.4%	$412K
Depreciation & Amortization	$907K-6.6%	$892K-8.8%	$989K	$937K-7.7%	$971K-7.0%	$978K-11.4%	$1.0M+1.7%	$1.0M
Stock-Based Compensation	$695K+8.4%	N/A	$330K	$325K+3.8%	$641K+8.1%	$320K+14.7%	$313K-35.2%	$593K
Capital Expenditures	$1.7M+65.6%	$993K+80.9%	$759K	$1.6M+210.6%	$1.0M+10.7%	$549K+36.9%	$517K-54.7%	$926K
Free Cash Flow	$4.2M+1121.1%	$1.2M-71.6%	-$3.4M	-$1.7M-134.5%	$342K+166.5%	$4.1M+238.2%	$4.9M+4027.0%	-$514K
Investing Cash Flow	-$1.7M-65.6%	$307K-95.2%	-$759K	-$1.6M-210.6%	-$1.0M-11.5%	$6.4M+1705.0%	-$517K+54.7%	-$919K
Financing Cash Flow	$1.0M+216.5%	-$323K+62.1%	-$620K	-$706K-2.8%	-$895K-3.1%	-$852K-0.9%	-$687K-8.2%	-$868K
Dividends Paid	$880K+2.7%	$864K+1.4%	$859K	$859K+0.7%	$857K+0.8%	$852K+0.9%	$853K+1.2%	$850K

Not reported in any period shown, so not listed: Share Buybacks.

RELL Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

RELL quarterly financial ratios

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Gross Margin	31.2%+0.2pp	31.0%+0.5pp	30.5%-1.3pp	31.9%-0.1pp	31.9%-1.3pp	33.3%+1.4pp	31.9%+0.8pp	31.0%-2.7pp	33.8%+1.7pp	32.1%+0.5pp	31.6%+1.5pp	30.0%+0.3pp	29.7%+0.3pp	29.4%-0.2pp	29.6%
Operating Margin	2.8%+4.0pp	-1.2%-1.4pp	0.2%-9.3pp	9.5%+2.4pp	7.1%+5.5pp	1.6%+2.7pp	-1.1%+3.0pp	-4.1%-6.3pp	2.2%+6.4pp	-4.2%+0.4pp	-4.6%+1.3pp	-5.9%-2.9pp	-3.0%-3.0pp	0.0%-4.0pp	4.0%
Net Margin	2.8%+3.3pp	-0.5%-0.6pp	0.0%-8.5pp	8.5%+0.5pp	8.0%+7.0pp	0.9%+2.1pp	-1.2%+3.2pp	-4.4%-6.7pp	2.3%+7.4pp	-5.1%-0.3pp	-4.8%-0.7pp	-4.1%-3.7pp	-0.4%-1.3pp	0.9%-4.5pp	5.4%
Return on Equity	3.9%+4.6pp	-0.7%-0.8pp	0.0%-14.0pp	14.0%+0.8pp	13.2%+11.8pp	1.4%+2.9pp	-1.6%+4.4pp	-5.9%-8.8pp	2.8%+8.1pp	-5.2%-0.5pp	-4.8%-1.2pp	-3.5%-3.3pp	-0.3%-1.0pp	0.7%-3.6pp	4.3%
Return on Assets	3.2%+3.7pp	-0.6%-0.6pp	0.0%-11.3pp	11.3%+1.3pp	10.0%+8.9pp	1.1%+2.3pp	-1.2%+3.6pp	-4.8%-7.1pp	2.3%+6.7pp	-4.4%-0.4pp	-4.0%-1.0pp	-3.0%-2.8pp	-0.3%-0.8pp	0.6%-3.1pp	3.7%
Current Ratio	4.75+0.2x	4.51-0.5x	5.05+0.5x	4.59+0.9x	3.72-0.4x	4.17-0.2x	4.34-0.3x	4.630.0x	4.60-0.7x	5.29-0.4x	5.66-0.6x	6.22-2.7x	8.91+0.5x	8.43-1.6x	10.00
Debt-to-Equity	0.230.0x	0.250.0x	0.220.0x	0.24-0.1x	0.320.0x	0.290.0x	0.270.0x	0.240.0x	0.230.0x	0.190.0x	0.190.0x	0.180.0x	0.160.0x	0.170.0x	0.16
Asset Turnover	1.13+0.1x	1.070.0x	1.02-0.3x	1.33+0.1x	1.25+0.1x	1.13+0.1x	1.03-0.1x	1.09+0.1x	0.98+0.1x	0.870.0x	0.84+0.1x	0.74+0.1x	0.680.0x	0.650.0x	0.68
FCF Margin	-1.6%-5.3pp	3.7%+2.5pp	1.3%+7.2pp	-5.9%-5.4pp	-0.5%+0.5pp	-1.0%-1.1pp	0.1%+4.0pp	-3.9%-2.5pp	-1.4%+1.1pp	-2.5%+10.5pp	-13.0%-2.4pp	-10.6%-11.9pp	1.3%-3.6pp	5.0%+36.0pp	-31.0%

Metric	Q1'2710-Q	Q4'2610-Q	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q2'2510-Q	Q1'2510-Q
Gross Margin	34.6%+3.6pp	31.2%+0.2pp	31.9%	30.8%-0.2pp	31.0%+0.4pp	31.0%+1.5pp	31.0%-1.9pp	30.6%
Operating Margin	7.9%+6.1pp	5.8%+10.9pp	2.7%	0.3%+1.6pp	1.8%+1.2pp	-5.1%-7.0pp	-1.4%-4.2pp	0.6%
Net Margin	6.3%+2.7pp	5.6%+9.4pp	1.6%	-0.2%+1.3pp	3.5%+2.4pp	-3.8%-5.3pp	-1.5%-3.9pp	1.1%
Return on Equity	2.4%+1.2pp	2.3%+3.6pp	0.6%	-0.1%+0.4pp	1.2%+0.8pp	-1.4%-1.8pp	-0.5%-1.3pp	0.4%
Return on Assets	1.9%+1.0pp	1.8%+2.9pp	0.4%	-0.1%+0.3pp	0.9%+0.7pp	-1.1%-1.5pp	-0.4%-1.0pp	0.3%
Current Ratio	4.65+0.2x	4.750.0x	4.49	4.14-0.4x	4.40-0.2x	4.71-0.4x	4.51-0.5x	4.62
Debt-to-Equity	0.250.0x	0.230.0x	0.25	0.270.0x	0.260.0x	0.240.0x	0.250.0x	0.24
Asset Turnover	0.310.0x	0.330.0x	0.28	0.260.0x	0.270.0x	0.280.0x	0.250.0x	0.27
FCF Margin	6.4%+5.8pp	1.7%-5.8pp	-6.2%	-3.3%-13.3pp	0.6%+1.6pp	7.5%+13.1pp	10.0%+10.2pp	-1.0%

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Richardson Electronics Ltd RELL	FY2026	$228.6M	$6.4M	2.8%	$309.3M	53/100
M-tron Industries, Inc. MPTI	FY2025	$54.4M	$8.4M	15.5%	$307.0M	81/100
Lightpath Technologies Inc LPTH	FY2026	$71.7M	-$20.5M	-28.6%	$680.8M	47/100
KULR Technology Group, Inc. KULR	FY2025	$16.2M	-$61.9M	N/A	$113.8M	50/100
Gauzy Ltd. GAUZ	FY2024	$103.5M	-$53.2M	-51.4%	$5.4M	38/100
Interlink Electronics, Inc. LINK	FY2025	$11.9M	-$1.6M	-13.6%	$78.0M	51/100

Where Richardson Electronics Ltd Ranks

Frequently Asked Questions

What is Richardson Electronics Ltd's annual revenue?

Richardson Electronics Ltd (RELL) reported $228.6M in total revenue for fiscal year 2026. This represents a 9.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Richardson Electronics Ltd's revenue growing?

Richardson Electronics Ltd (RELL) revenue grew by 9.4% year-over-year, from $208.9M to $228.6M in fiscal year 2026.

Is Richardson Electronics Ltd profitable?

Yes, Richardson Electronics Ltd (RELL) reported a net income of $6.4M in fiscal year 2026, with a net profit margin of 2.8%.

What is Richardson Electronics Ltd's EBITDA?

Richardson Electronics Ltd (RELL) had EBITDA of $10.3M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

What is Richardson Electronics Ltd's gross margin?

Richardson Electronics Ltd (RELL) had a gross margin of 31.2% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

What is Richardson Electronics Ltd's operating margin?

Richardson Electronics Ltd (RELL) had an operating margin of 2.8% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

What is Richardson Electronics Ltd's net profit margin?

Richardson Electronics Ltd (RELL) had a net profit margin of 2.8% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

What is Richardson Electronics Ltd's return on equity (ROE)?

Richardson Electronics Ltd (RELL) has a return on equity of 3.9% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

What is Richardson Electronics Ltd's free cash flow?

Richardson Electronics Ltd (RELL) recorded an outflow of $3.6M in free cash flow during fiscal year 2026. This represents a -146.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Richardson Electronics Ltd's operating cash flow?

Richardson Electronics Ltd (RELL) generated $762K in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

What are Richardson Electronics Ltd's total assets?

Richardson Electronics Ltd (RELL) had $202.0M in total assets as of fiscal year 2026, including both current and long-term assets.

What are Richardson Electronics Ltd's capital expenditures?

Richardson Electronics Ltd (RELL) invested $4.4M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

What is Richardson Electronics Ltd's current ratio?

Richardson Electronics Ltd (RELL) had a current ratio of 4.75 as of fiscal year 2026, which is generally considered healthy.

What is Richardson Electronics Ltd's debt-to-equity ratio?

Richardson Electronics Ltd (RELL) had a debt-to-equity ratio of 0.23 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Richardson Electronics Ltd's return on assets (ROA)?

Richardson Electronics Ltd (RELL) had a return on assets of 3.2% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

What is Richardson Electronics Ltd's P/E ratio?

Richardson Electronics Ltd (RELL) trades at 36.2x earnings, its market capitalization divided by net income of $8.5M net income, trailing 12 months to August 29, 2026. The market capitalization is $309.3M as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Richardson Electronics Ltd's price-to-sales ratio?

Richardson Electronics Ltd (RELL) trades at 1.3x sales, its market capitalization divided by revenue of $238.9M revenue, trailing 12 months to August 29, 2026. The market capitalization is $309.3M as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Richardson Electronics Ltd's Altman Z-Score?

Richardson Electronics Ltd (RELL) has an Altman Z-Score of 7.46, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Richardson Electronics Ltd's Piotroski F-Score?

Richardson Electronics Ltd (RELL) has a Piotroski F-Score of 6 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Richardson Electronics Ltd's earnings high quality?

Richardson Electronics Ltd (RELL) has an earnings quality ratio of 0.12x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Richardson Electronics Ltd?

Richardson Electronics Ltd (RELL) scores 53 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.