Company Description
RF Industries Ltd (NASDAQ: RFIL) is a national manufacturer and marketer of interconnect products and systems that support wireless and wireline communications, data networks, and industrial applications. The company designs and manufactures a broad range of high-performance components and assemblies that help connect next-generation infrastructure and commercial systems.
According to company disclosures, RF Industries’ products are used across diversified, growing markets, including wireless and wireline telecom, data communications, industrial applications, and aerospace. The company describes its role as “connecting the next generation with tomorrow’s technology,” reflecting its focus on interconnect hardware and related systems that enable the transmission of signals, power, and data in demanding environments.
Core products and interconnect portfolio
RF Industries’ portfolio includes a variety of interconnect products used in commercial and industrial settings. The company states that its offerings include:
- RF connectors and adapters
- RF passive components, such as dividers, directional couplers, and filters
- Coaxial cables and data cables
- Wire harnesses
- Fiber optic cables and custom cabling
- Energy-efficient cooling systems
- Integrated small cell enclosures and shrouds
Through its Cables Unlimited division and other subsidiaries referenced in SEC filings, the company also provides custom cabling solutions and cable assemblies. These solutions are used in applications that can require characteristics such as radiation resistance, tolerance for extreme temperature swings, and compact, lightweight construction, particularly in aerospace and other industrial environments.
Business segments and operations
Polygon data indicates that RF Industries operates through two primary segments: an RF Connector and Cable Assembly segment and a Custom Cabling Manufacturing and Assembly segment. The RF Connector and Cable Assembly activities include the design, manufacture, marketing, and distribution of RF connectors, adapters, couplers, dividers, and cable products. The Custom Cabling segment focuses on custom copper and fiber cable assemblies.
The company’s operations include manufacturing and integration capabilities that support both standard and custom products. Press releases describe RF Industries as a national manufacturer with headquarters in San Diego, California and additional operations in New York, Connecticut, New Jersey, and Rhode Island (Rhode Island is mentioned in several earlier releases, while more recent descriptions reference New York, Connecticut, and New Jersey). The company also reports that it operates in multiple international markets, including Canada, Italy, China, the United States, and the United Kingdom, according to Polygon data.
End markets and applications
RF Industries highlights several key end markets for its products and systems:
- Wireless and wireline telecom: Interconnect components, coaxial and data cabling, RF passives, and integrated small cell enclosures used in carrier and network infrastructure.
- Data communications: Cables, connectors, and assemblies used in data networking and related communications applications.
- Industrial applications: Wire harnesses, custom cabling, and specialty interconnects for industrial connectivity needs.
- Aerospace: Custom cabling solutions supplied through the Cables Unlimited division to a leading aerospace company, with orders described as engineered to meet mission-critical standards and demanding environmental requirements.
In addition, RF Industries reports that its integrated small cell shrouds and related materials are supplied to a Tier 1 wireless carrier. The company notes that these small cell concealment solutions can include radios, combiners, antennas, power distribution units, and interconnect cabling, and that it offers turnkey integration services by pre-assembling shrouds in controlled environments.
Strategic focus and positioning
Management commentary in multiple earnings releases describes an ongoing strategic evolution from a “cable and connector company” toward a technology-solutions provider. The company emphasizes higher-value offerings such as DAC thermal cooling solutions, integrated small cell products, and other data and technology-driven solutions. These offerings are highlighted as contributing to product mix and margins in recent periods.
RF Industries also notes efforts to diversify its business by product, customer, application, and market. Management commentary references contributions from Tier 1 wireless carriers, neutral hosts, traditional distribution, industrial customers, and aerospace customers, as well as opportunities in markets such as transportation and data centers. The company also indicates that it has invested in certifications and skillsets to support demanding aerospace and industrial standards.
Corporate structure and regulatory profile
SEC filings identify RF Industries, Ltd. as a Nevada corporation with its principal executive offices in San Diego, California. The company’s common stock trades on NASDAQ under the symbol RFIL. Subsidiaries referenced in SEC filings include Cables Unlimited, Inc., Rel-Tech Electronics, Inc., C Enterprises, Inc., Schroff Technologies International, Inc., and Microlab/FXR LLC, which together with the parent company are parties to a Loan and Security Agreement and related amendments.
RF Industries files periodic reports, proxy statements, and current reports on Form 8-K with the U.S. Securities and Exchange Commission. A definitive proxy statement (DEF 14A) describes matters such as the annual meeting of stockholders, election of directors, advisory votes on executive compensation, and ratification of the independent registered public accounting firm.
Financial reporting and non-GAAP measures
The company regularly reports financial results for its fiscal quarters and fiscal year, including net sales, gross profit margin, operating income or loss, net income or loss, and backlog and bookings metrics. In multiple earnings releases, RF Industries explains that it uses certain non-GAAP financial measures, including:
- Adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization, further adjusted for stock-based compensation and other items)
- Non-GAAP net income (loss)
- Non-GAAP earnings (loss) per share
The company states that these non-GAAP measures are intended to help analyze operating trends by excluding certain non-cash and one-time items, while also noting their limitations and emphasizing that they should be considered in conjunction with GAAP results. Earnings releases include reconciliations from GAAP to non-GAAP metrics and describe how bookings and backlog are defined as indicators of expected future revenues based on orders management believes to be firm.
Capital structure and credit facilities
An 8-K filing dated November 6, 2025, describes a Second Amendment to a Loan and Security Agreement with Eclipse Business Capital LLC and certain lenders. This amendment extends the maturity date of the revolving credit facility, adjusts the minimum outstanding principal amount, and modifies the interest rate structure based on adjusted term SOFR or a base rate plus an applicable margin determined by a pricing grid. The filing identifies RF Industries, Ltd. and several subsidiaries as borrowers under the facility.
Corporate governance and shareholder matters
The company’s definitive proxy statement outlines matters presented to stockholders at its annual meeting, including the election of directors, advisory votes on the frequency of say-on-pay votes, advisory votes on executive compensation, and ratification of the independent registered public accounting firm. The proxy statement also explains record dates, voting procedures, quorum requirements, and the distinction between routine and non-routine matters for broker voting.
Geographic footprint
RF Industries reports that it is headquartered in San Diego, California and has additional operations in New York, Connecticut, New Jersey, and Rhode Island (Rhode Island appears in several earnings releases, while some later descriptions list New York, Connecticut, and New Jersey). Polygon data further indicates that the company operates in Canada, Italy, China, the United States, and the United Kingdom, reflecting an international presence in addition to its U.S. operations.
Stock information and investor focus
RF Industries’ common stock trades on NASDAQ under the ticker RFIL. Investors following RFIL can review the company’s earnings releases, SEC filings, and proxy materials for information on financial performance, strategic direction, capital structure, and governance. The company highlights metrics such as net sales growth, gross margin, operating income, Adjusted EBITDA, bookings, and backlog as key indicators of its operating performance and demand environment.
Stock Performance
Rf Industries (RFIL) stock last traded at $10.20, down 1.92% from the previous close. Over the past 12 months, the stock has gained 154.6%. At a market capitalization of $111.4M, RFIL is classified as a micro-cap stock with approximately 10.7M shares outstanding.
Latest News
Rf Industries has 10 recent news articles. Of the recent coverage, 6 articles coincided with positive price movement and 3 with negative movement. Key topics include earnings date, earnings, conferences. View all RFIL news →
SEC Filings
Rf Industries has filed 5 recent SEC filings, including 3 Form 4, 1 Form 10-K, 1 Form 8-K. The most recent filing was submitted on January 14, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all RFIL SEC filings →
Financial Highlights
Rf Industries generated $80.6M in revenue over the trailing twelve months, retaining a 33.2% gross margin, operating income reached $1.8M (2.2% operating margin), and net income was $75K, reflecting a 0.1% net profit margin. Diluted earnings per share stood at $0.01. The company generated $4.6M in operating cash flow. With a current ratio of 1.67, the balance sheet reflects a strong liquidity position.
Upcoming Events
Q1 FY2026 results release
Earnings conference call
Rf Industries has 2 upcoming scheduled events. The next event, "Q1 FY2026 results release", is scheduled for March 16, 2026 (tomorrow). Investors can track these dates to stay informed about potential catalysts that may affect the RFIL stock price.
Short Interest History
Short interest in Rf Industries (RFIL) currently stands at 65.0 thousand shares, down 51.3% from the previous reporting period, representing 0.8% of the float. Over the past 12 months, short interest has increased by 261.9%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Rf Industries (RFIL) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed.
RFIL Company Profile & Sector Positioning
Rf Industries (RFIL) operates in the Electrical Equipment & Parts industry within the broader Electronic Connectors sector and is listed on the NASDAQ.
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