RCM Technologies (RCMT) delivers double-digit 2025 growth in revenue, EPS and EBITDA
Rhea-AI Filing Summary
RCM Technologies, Inc. reported strong growth for the fourteen weeks ended January 3, 2026, with revenue of $86.5 million, up 12.4% from $76.9 million in the prior-year quarter. Gross profit rose to $24.3 million, and GAAP net income more than doubled to $6.1 million, or $0.80 per diluted share.
For the fifty-three-week fiscal year, revenue increased 14.7% to $319.4 million, while gross profit reached $87.9 million. GAAP net income grew to $16.3 million, or $2.14 per diluted share. Adjusted EBITDA improved to $30.7 million, and adjusted diluted EPS climbed to $2.50, reflecting broad-based operational strength.
Positive
- Double-digit growth with margin expansion: Fiscal 2025 revenue grew 14.7% to $319.4 million, GAAP net income increased to $16.3 million, and adjusted EBITDA rose 18.9% to $30.7 million, indicating broad-based operational strength.
- Stronger balance sheet and cash generation: Borrowings under the line of credit fell from $34.97 million to $24.67 million, stockholders’ equity increased to $46.0 million, and operating cash flow improved to $19.0 million from $6.2 million year over year.
Negative
- None.
Insights
RCM delivered double-digit revenue and profit growth with stronger margins and cash generation.
RCM Technologies showed solid operating momentum in fiscal 2025. Full-year revenue rose to $319.4M, a 14.7% increase, while GAAP net income climbed to $16.3M and diluted EPS reached $2.14. Adjusted EBITDA advanced to $30.7M, up 18.9%, indicating healthier underlying profitability.
Segment data show growth across Specialty Health Care and Engineering, with consolidated gross profit improving to $87.9M. On the balance sheet, borrowings under the line of credit declined from $34.97M to $24.67M, and stockholders’ equity increased to $46.0M, suggesting a stronger capital position.
Cash flow from operations for the year improved markedly to $18.97M from $6.17M. While cash and equivalents decreased modestly to $2.92M, the combination of higher earnings, better cash generation, and reduced debt portrays a year of meaningful financial improvement.
8-K Event Classification
Key Figures
Key Terms
Adjusted EBITDA financial
non-GAAP financial
Gross profit margin financial
Deferred revenue financial
Operating income financial
Contingent consideration financial
Earnings Snapshot
|
(State or Other
Jurisdiction of
Incorporation)
|
(Commission File
Number)
|
(I.R.S. Employer
Identification No.)
|
|
|
||
|
|
|
|
|
(Address of Principal Executive Offices)
|
(Zip Code)
|
|
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425).
|
|
|
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12).
|
|
|
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240-14d-2(b)).
|
|
|
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240-13e-4(c)).
|
|
Title of each class
|
Trading Symbol(s)
|
Name of each exchange on which registered
|
||
|
|
|
The
|
|
Exhibit Number
|
|
|
99
|
Press Release by the Registrant, dated April 3, 2026, furnished in accordance with Item 2.02 of this Current Report on Form 8-K.
|
|
104
|
Cover Page Interactive Data File (formatted as Inline XBRL).
|
| RCM TECHNOLOGIES, INC. | |||
|
By:
|
/s/ Kevin Miller | ||
|
Kevin Miller
|
|||
|
Chief Financial Officer, Treasurer and
Secretary
|
|||
Exhibit 99
|
RCM Technologies, Inc. |
Tel: 856.356.4500 |
Corporate Contacts: |
|
2500 McClellan Avenue |
info@rcmt.com |
Bradley S. Vizi |
|
Pennsauken, NJ 08109 |
www.rcmt.com |
Executive Chairman |
|
Kevin D. Miller |
||
|
Chief Financial Officer |
P R E S S R E L E A S E
RCM TECHNOLOGIES, INC. ANNOUNCES
FOURTH QUARTER AND FISCAL YEAR 2025 RESULTS
Pennsauken, NJ – April 3, 2026 -- RCM Technologies, Inc. (NasdaqGM: RCMT), a premier provider of solutions designed to enhance the operational performance of its customers through the deployment of advanced engineering, specialty healthcare, and information technology services, today announced financial results for the fourteen and fifty-three weeks ended January 3, 2026.
RCM Technologies reported revenue of $86.5 million for the fourteen weeks ended January 3, 2026 (the current quarter), an increase of 12.4% compared to $76.9 million for the thirteen weeks ended December 28, 2024 (the comparable prior quarter). Gross profit was $24.3 million for the current quarter, a 12.6% increase compared to $21.6 million for the comparable prior quarter. The Company reported GAAP net income of $6.1 million, or $0.80 per diluted share, for the current quarter, compared with $2.9 million, or $0.37 per diluted share, for the comparable prior quarter. The Company reported adjusted EBITDA (non-GAAP) of $9.3 million for the current quarter, as compared to $6.3 million for the comparable prior quarter, an increase of 49.0%. The Company experienced $0.77 of adjusted net income per diluted share (non-GAAP) for the current quarter as compared to $0.49 for the comparable prior quarter.
RCM Technologies reported revenue of $319.4 million for the fifty-three weeks ended January 3, 2026 (the current year), an increase of 14.7% compared to $278.4 million for the fifty-two weeks ended December 28, 2024 (the comparable prior year). Gross profit was $87.9 million for the current year, a 10.2% increase compared to $79.8 million for the comparable prior year. The Company reported GAAP net income of $16.3 million, or $2.14 per diluted share, for the current year compared to $13.3 million, or $1.68 per diluted share, for the comparable prior year. The Company reported adjusted EBITDA (non-GAAP) of $30.7 million for the current year as compared to $25.9 million for the comparable prior year, an increase of 18.9%. The Company reported $2.50 of adjusted net income per diluted share (non-GAAP) for the current year as compared to $2.03 for the comparable prior year.
The Company will not be holding a conference call to discuss these results. Additional information can be found in the Company’s Form 10-K.
About RCM
RCM Technologies (NasdaqGM: RCMT) is a business and technology solutions provider with world-class talent in key market segments. We help design, build, and enable the Industries of Tomorrow, Today. Operating at the intersection of resources, critical infrastructure and modernization of industries, RCM is a provider of services in HealthCare, Engineering, Aerospace & Defense, Process & Industrial, Life Sciences and Data & Solutions. www.rcmt.com.
The statements contained in this release that are not purely historical are forward-looking statements within the Private Securities Litigation Reform Act of 1995. They are subject to various risks, uncertainties, and other factors that could cause the Company’s actual results, performance, or achievements to differ materially from those expressed or implied by such forward-looking statements. These statements often include words such as “may,” “will,” “expect,” “anticipate,” “continue,” “estimate,” “project,” “intend,” “believe,” “plan,” “seek,” “could,” “can,” “should,” “are confident” or similar expressions. In addition, statements that are not historical should also be considered forward-looking statements. These statements are based on assumptions that we have made in light of our experience in the industry, and our perceptions of historical trends, current conditions, expected future developments, and other factors we believe are appropriate in these circumstances. Forward-looking statements include, but are not limited to, those relating to demand for the Company’s services, expectations regarding our future revenues and other financial results, such as cash flows, our pipeline, and potential project wins, and our expectations for investment and growth in our business. Such statements are based on current expectations that involve several known and unknown risks, uncertainties, and other factors, which may cause actual events to be materially different from those expressed or implied by such forward-looking statements. Risk, uncertainties, and other factors may emerge from time to time that could cause the Company’s actual results to differ from those indicated by the forward-looking statements. Investors are directed to consider such risks, uncertainties, and other factors described in documents filed by the Company with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. The Company assumes no obligation (and expressly disclaims any such obligation) to update any forward-looking statements contained in this release as a result of new information or future events or developments, except as may be required by law.
Tables to Follow
RCM Technologies, Inc.
Condensed Consolidated Statements of Operations
(Unaudited)
(In thousands, except share and per share amounts)
|
Fourteen and Thirteen Weeks Ended |
||||||||
|
January 3, 2026 |
December 28, 2024 |
|||||||
|
Revenue |
$ | 86,476 | $ | 76,912 | ||||
|
Cost of services |
62,198 | 55,343 | ||||||
|
Gross profit |
24,278 | 21,569 | ||||||
|
Selling, general and administrative |
15,753 | 16,025 | ||||||
|
Depreciation and amortization of property and equipment |
554 | 407 | ||||||
|
Impairment of intangible assets |
- | 547 | ||||||
|
Potential stock issuance and financing transactions |
- | 64 | ||||||
|
Remeasurement of contingent consideration |
- | (1,759 | ) | |||||
|
Operating income |
7,971 | 6,285 | ||||||
|
Other expense, net |
780 | 516 | ||||||
|
Income before income taxes |
7,191 | 5,769 | ||||||
|
Income tax expense |
1,087 | 2,902 | ||||||
|
Net income |
$ | 6,104 | $ | 2,867 | ||||
|
Diluted net earnings per share data |
$ | 0.80 | $ | 0.37 | ||||
|
Diluted weighted average shares outstanding |
7,587,448 | 7,733,142 | ||||||
|
Fifty-Three and Fifty-Two Weeks Ended |
||||||||
|
January 3, 2026 |
December 28, 2024 |
|||||||
|
Revenue |
$ | 319,404 | $ | 278,380 | ||||
|
Cost of services |
231,461 | 198,602 | ||||||
|
Gross profit |
87,943 | 79,778 | ||||||
|
Selling, general and administrative |
60,932 | 56,787 | ||||||
|
Depreciation and amortization of property and equipment |
1,918 | 1,419 | ||||||
|
Amortization of acquired intangible assets |
- | 136 | ||||||
|
Impairment of intangible assets |
- | 547 | ||||||
|
Potential stock issuance and financing transactions |
- | 323 | ||||||
|
Remeasurement of contingent consideration |
- | (1,759 | ) | |||||
|
Operating income |
25,093 | 22,325 | ||||||
|
Other expense, net |
3,021 | 2,135 | ||||||
|
Income before income taxes |
22,072 | 20,190 | ||||||
|
Income tax expense |
5,738 | 6,863 | ||||||
|
Net income |
$ | 16,334 | $ | 13,327 | ||||
|
Diluted net earnings per share data |
$ | 2.14 | $ | 1.68 | ||||
|
Diluted weighted average shares outstanding |
7,635,740 | 7,939,381 | ||||||
RCM Technologies, Inc.
Supplemental Operating Results on a Non-GAAP Basis
(Unaudited)
(In thousands)
The following non-GAAP measures, which adjust for the categories of expenses described below, are non-GAAP financial measures. Our management believes that these non-GAAP financial measures (“Adjusted operating income,” “EBITDA,” “Adjusted EBITDA,” “Adjusted net income” and “Adjusted diluted net earnings per share”) are useful information for investors, shareholders, and other stakeholders of our Company in gauging our results of operations on an ongoing basis and to enhance investors’ overall understanding of our current financial performance and period-to-period comparisons. Adjusted operating income, EBITDA, Adjusted EBITDA, Adjusted net income, and Adjusted diluted net earnings per share should not be considered alternatives to operating income or net income, as the case may be, as an indicator of performance. In addition, Adjusted operating income, EBITDA, Adjusted EBITDA, Adjusted net income, and Adjusted diluted net earnings per share do not take into account changes in certain assets and liabilities and interest and income taxes that can affect cash flows. We do not intend the presentation of these non-GAAP measures to be considered in isolation or as a substitute for results prepared in accordance with GAAP. These non-GAAP measures should be read only in conjunction with our consolidated financial statements prepared in accordance with GAAP.
The following unaudited table presents the Company’s GAAP operating income and GAAP net income and the corresponding adjustments used to calculate Adjusted operating income, EBITDA, Adjusted EBITDA, Adjusted net income, and Adjusted diluted net earnings per share for the fourteen and fifty-three weeks ended January 3, 2026, and the thirteen and fifty-two weeks ended December 28, 2024.
|
Fourteen and Thirteen Weeks Ended |
Fifty-Three and Fifty-Two Weeks Ended |
|||||||||||||||
|
January 3, 2026 |
December 28, 2024 |
January 3, 2026 |
December 28, 2024 |
|||||||||||||
|
GAAP operating income |
$ | 7,971 | $ | 6,285 | $ | 25,093 | $ | 22,325 | ||||||||
|
Adjustments |
||||||||||||||||
|
Remeasurement of contingent consideration |
- | (1,759 | ) | - | (1,759 | ) | ||||||||||
|
Equity compensation |
793 | 710 | 3,732 | 2,864 | ||||||||||||
|
Potential stock issuance and financing transaction |
- | 64 | - | 323 | ||||||||||||
|
Impairment of intangible assets |
- | 547 | - | 547 | ||||||||||||
|
Adjusted operating income (non-GAAP) |
$ | 8,764 | $ | 5,847 | $ | 28,825 | $ | 24,300 | ||||||||
|
GAAP net income |
$ | 6,104 | $ | 2,867 | $ | 16,334 | $ | 13,327 | ||||||||
|
Income tax expense |
1,087 | 2,902 | 5,738 | 6,863 | ||||||||||||
|
Interest expense, net |
784 | 664 | 2,669 | 2,215 | ||||||||||||
|
Depreciation of property and equipment |
554 | 407 | 1,918 | 1,419 | ||||||||||||
|
Amortization of acquired intangible assets |
- | - | - | 136 | ||||||||||||
|
EBITDA (non-GAAP) |
$ | 8,529 | $ | 6,840 | $ | 26,659 | $ | 23,960 | ||||||||
|
Adjustments |
||||||||||||||||
|
Remeasurement of contingent consideration |
- | (1,759 | ) | - | (1,759 | ) | ||||||||||
|
(Gain) loss on foreign currency transactions |
(4 | ) | (148 | ) | 352 | (80 | ) | |||||||||
|
Equity compensation |
793 | 710 | 3,732 | 2,864 | ||||||||||||
|
Potential stock issuance and financing transaction |
- | 64 | - | 323 | ||||||||||||
|
Impairment of intangible assets |
- | 547 | - | 547 | ||||||||||||
|
Adjusted EBITDA (non-GAAP) |
$ | 9,318 | $ | 6,254 | $ | 30,743 | $ | 25,855 | ||||||||
RCM Technologies, Inc.
Supplemental Operating Results on a Non-GAAP Basis (Continued)
(Unaudited)
(In thousands, except per share amounts)
|
Fourteen and Thirteen Weeks Ended |
Fifty-Three and Fifty-Two Weeks Ended |
|||||||||||||||
|
January 3, 2026 |
December 28, 2024 |
January 3, 2026 |
December 28, 2024 |
|||||||||||||
|
GAAP net income |
$ | 6,104 | $ | 2,867 | $ | 16,334 | $ | 13,327 | ||||||||
|
Adjustments |
||||||||||||||||
|
Remeasurement of contingent consideration |
- | (1,759 | ) | - | (1,759 | ) | ||||||||||
|
(Gain) loss on foreign currency transactions |
(4 | ) | (148 | ) | 352 | (80 | ) | |||||||||
|
Equity compensation |
793 | 710 | 3,732 | 2,864 | ||||||||||||
|
Potential stock issuance and financing transaction |
- | 64 | - | 323 | ||||||||||||
|
Impairment of intangible assets |
- | 547 | - | 547 | ||||||||||||
|
Tax impact from normalized rate |
(1,068 | ) | 1,503 | (1,324 | ) | 900 | ||||||||||
|
Adjusted net income (non-GAAP) |
$ | 5,825 | $ | 3,784 | $ | 19,094 | $ | 16,122 | ||||||||
|
GAAP diluted net earnings per share |
$ | 0.80 | $ | 0.37 | $ | 2.14 | $ | 1.68 | ||||||||
|
Adjustments |
||||||||||||||||
|
Remeasurement of contingent consideration |
- | $ | (0.22 | ) | - | $ | (0.22 | ) | ||||||||
|
(Gain) loss on foreign currency transactions |
$ | (0.00 | ) | $ | (0.02 | ) | $ | 0.04 | $ | (0.01 | ) | |||||
|
Equity compensation |
$ | 0.11 | $ | 0.09 | $ | 0.49 | $ | 0.36 | ||||||||
|
Potential stock issuance and financing transaction |
- | $ | 0.01 | - | $ | 0.04 | ||||||||||
|
Impairment of intangible assets |
- | $ | 0.07 | - | $ | 0.07 | ||||||||||
|
Tax impact from normalized rate(a) |
$ | (0.14 | ) | $ | 0.19 | $ | (0.17 | ) | $ | (0.11 | ) | |||||
|
Adjusted diluted net earnings per share (non-GAAP) |
$ | 0.77 | $ | 0.49 | $ | 2.50 | $ | 2.03 | ||||||||
|
(a) |
Amount reflects an adjustment to income tax expense applied to non-GAAP adjusted consolidated taxable income. The Company used an estimated effective income tax rate of 27.0% for both periods presented, approximating the Company’s federal USA income tax rate plus the tax-affected rate for states and Puerto Rico. |
RCM Technologies, Inc.
Summary of Selected Income Statement Data
(Unaudited)
(In thousands)
|
Fourteen Weeks Ended January 3, 2026 |
||||||||||||||||
|
Specialty Health Care |
Engineering |
Life Sciences, Data and Solutions |
Consolidated |
|||||||||||||
|
Revenue |
$ | 47,999 | $ | 30,404 | $ | 8,073 | $ | 86,476 | ||||||||
|
Cost of services |
34,067 | 22,608 | 5,523 | 62,198 | ||||||||||||
|
Gross profit |
$ | 13,932 | $ | 7,796 | $ | 2,550 | $ | 24,278 | ||||||||
|
Gross profit margin |
29.0 | % | 25.6 | % | 31.6 | % | 28.1 | % | ||||||||
|
Thirteen Weeks Ended December 28, 2024 |
||||||||||||||||
|
Specialty Health Care |
Engineering |
Life Sciences, Data and Solutions |
Consolidated |
|||||||||||||
|
Revenue |
$ | 41,011 | $ | 26,279 | $ | 9,622 | $ | 76,912 | ||||||||
|
Cost of services |
28,474 | 21,098 | 5,771 | 55,343 | ||||||||||||
|
Gross profit |
$ | 12,537 | $ | 5,181 | $ | 3,851 | $ | 21,569 | ||||||||
|
Gross profit margin |
30.6 | % | 19.7 | % | 40.0 | % | 28.0 | % | ||||||||
|
Fifty-Three Weeks Ended January 3 2026 |
||||||||||||||||
|
Specialty Health Care |
Engineering |
Life Sciences, Data and Solutions |
Consolidated |
|||||||||||||
|
Revenue |
$ | 164,104 | $ | 120,486 | $ | 34,814 | $ | 319,404 | ||||||||
|
Cost of services |
116,702 | 93,104 | 21,655 | 231,461 | ||||||||||||
|
Gross profit |
$ | 47,402 | $ | 27,382 | $ | 13,159 | $ | 87,943 | ||||||||
|
Gross profit margin |
28.9 | % | 22.7 | % | 37.8 | % | 27.5 | % | ||||||||
|
Fifty-Two Weeks Ended December 28, 2024 |
||||||||||||||||
|
Specialty Health Care |
Engineering |
Life Sciences, Data and Solutions |
Consolidated |
|||||||||||||
|
Revenue |
$ | 142,679 | $ | 96,459 | $ | 39,242 | $ | 278,380 | ||||||||
|
Cost of services |
100,146 | 73,916 | 24,540 | 198,602 | ||||||||||||
|
Gross profit |
$ | 42,533 | $ | 22,543 | $ | 14,702 | $ | 79,778 | ||||||||
|
Gross profit margin |
29.8 | % | 23.4 | % | 37.5 | % | 28.7 | % | ||||||||
RCM Technologies, Inc.
Consolidated Balance Sheets
(Unaudited)
(In thousands, except share amounts)
|
January 3, |
December 28, |
|||||||
|
2026 |
2024 |
|||||||
|
Current assets: |
||||||||
|
Cash and cash equivalents |
$ | 2,922 | $ | 4,729 | ||||
|
Accounts receivable, net of provision for credit losses of $1,229 and $1,570 at January 3, 2026 and December 28, 2024, respectively |
81,243 | 77,960 | ||||||
|
Transit accounts receivable |
8,017 | 7,315 | ||||||
|
Prepaid expenses and other current assets |
7,704 | 7,034 | ||||||
|
Total current assets |
99,886 | 97,038 | ||||||
|
Property and equipment, net |
7,265 | 7,368 | ||||||
|
Other assets: |
||||||||
|
Deposits |
261 | 230 | ||||||
|
Deferred tax assets, foreign |
6 | 120 | ||||||
|
Goodwill |
22,147 | 22,147 | ||||||
|
Operating right of use asset |
4,832 | 5,174 | ||||||
|
Total other assets |
27,246 | 27,671 | ||||||
|
Total assets |
$ | 134,397 | $ | 132,077 | ||||
|
Current liabilities: |
||||||||
|
Accounts payable and accrued expenses |
$ | 9,649 | $ | 13,369 | ||||
|
Transit accounts payable |
16,247 | 23,870 | ||||||
|
Accrued payroll and related costs |
10,784 | 9,929 | ||||||
|
Finance lease payable |
843 | 698 | ||||||
|
Income taxes payable |
391 | 346 | ||||||
|
Operating right of use liability |
1,209 | 1,046 | ||||||
|
Contingent consideration from acquisitions |
- | 212 | ||||||
|
Deferred revenue |
14,761 | 4,163 | ||||||
|
Total current liabilities |
53,884 | 53,633 | ||||||
|
Deferred income taxes, net, domestic |
5,673 | 4,526 | ||||||
|
Finance lease payable, net of current position |
380 | 1,112 | ||||||
|
Operating right of use liability, net of current position |
3,813 | 4,355 | ||||||
|
Borrowings under line of credit |
24,673 | 34,967 | ||||||
|
Total liabilities |
88,423 | 98,593 | ||||||
|
Contingencies (note 16) and Commitments (note 18) |
||||||||
|
Stockholders’ equity: |
||||||||
|
Preferred stock, $1.00 par value; 5,000,000 shares authorized; no shares issued or outstanding |
- | - | ||||||
|
Common stock, $0.05 par value; 40,000,000 shares authorized; 18,004,241 shares issued and 7,351,400 shares outstanding at January 3, 2026 and 17,838,372 shares issued and 7,602,113 shares outstanding at December 28, 2024 |
900 | 890 | ||||||
|
Additional paid-in capital |
122,244 | 118,845 | ||||||
|
Accumulated other comprehensive loss |
(2,814 | ) | (2,920 | ) | ||||
|
Accumulated deficit |
10,396 | (5,938 | ) | |||||
|
Treasury stock, 10,652,841 shares at January 3, 2026 and 10,236,259 shares at December 28, 2024 |
(84,752 | ) | (77,393 | ) | ||||
|
Stockholders’ equity |
45,974 | 33,484 | ||||||
|
Total liabilities and stockholders’ equity |
$ | 134,397 | $ | 132,077 | ||||
RCM Technologies, Inc.
Condensed Consolidated Statements of Cash Flows
(Unaudited)
(In thousands)
|
Fourteen and Thirteen Weeks Ended |
||||||||
|
January 3, 2026 |
December 28, 2024 |
|||||||
|
Net income |
$ | 6,104 | $ | 2,867 | ||||
|
Adjustments to reconcile net income to cash used in operating activities |
3,911 | 2,693 | ||||||
|
Changes in operating assets and liabilities: |
||||||||
|
Accounts receivable |
1,097 | (2,064 | ) | |||||
|
Prepaid expenses and other current assets |
(3,541 | ) | (1,917 | ) | ||||
|
Net of transit accounts receivable and payable |
1,005 | (5,345 | ) | |||||
|
Accounts payable and accrued expenses |
(3,415 | ) | 1,861 | |||||
|
Accrued payroll and related costs |
(2,012 | ) | (1,698 | ) | ||||
|
Operating lease liabilities |
(396 | ) | (280 | ) | ||||
|
Income taxes payable |
144 | 140 | ||||||
|
Deferred revenue |
8,530 | 2,121 | ||||||
|
Deposits |
18 | (15 | ) | |||||
|
Total adjustments |
5,341 | (4,504 | ) | |||||
|
Net cash provided by (used in) operating activities |
$ | 11,445 | $ | (1,637 | ) | |||
|
Net cash used in investing activities |
(197 | ) | (983 | ) | ||||
|
Net cash (used in) provided by financing activities |
(9,567 | ) | 4,307 | |||||
|
Effect of exchange rate changes on cash and cash equivalents |
(68 | ) | (114 | ) | ||||
|
Increase in cash and cash equivalents |
$ | 1,613 | $ | 1,573 | ||||
|
Fifty-Three and Fifty-Two Weeks Ended |
||||||||
|
January 3, 2026 |
December 28, 2024 |
|||||||
|
Net income |
$ | 16,334 | $ | 13,327 | ||||
|
Adjustments to reconcile net income to cash used in operating activities |
8,991 | 6,893 | ||||||
|
Changes in operating assets and liabilities: |
||||||||
|
Accounts receivable |
(4,152 | ) | (7,271 | ) | ||||
|
Prepaid expenses and other current assets |
(676 | ) | (2,392 | ) | ||||
|
Net of transit accounts receivable and payable |
(8,325 | ) | (5,656 | ) | ||||
|
Accounts payable and accrued expenses |
(3,484 | ) | 1,101 | |||||
|
Accrued payroll and related costs |
848 | (1,265 | ) | |||||
|
Operating lease liabilities |
(1,205 | ) | (966 | ) | ||||
|
Income taxes payable |
36 | 34 | ||||||
|
Deferred revenue |
10,628 | 2,282 | ||||||
|
Deposits |
(30 | ) | 83 | |||||
|
Total adjustments |
2,631 | (7,157 | ) | |||||
|
Net cash provided by operating activities |
18,965 | 6,170 | ||||||
|
Net cash used in investing activities |
(1,595 | ) | (2,572 | ) | ||||
|
Net cash used in financing activities |
(19,038 | ) | (4,828 | ) | ||||
|
Effect of exchange rate changes on cash and cash equivalents |
(139 | ) | (325 | ) | ||||
|
Decrease in cash and cash equivalents |
$ | (1,807 | ) | $ | (1,555 | ) | ||
FAQ
How did RCM Technologies (RCMT) perform in the fourth quarter of 2025?
What were RCM Technologies (RCMT) full-year 2025 revenues and profits?
How did RCM Technologies (RCMT) non-GAAP earnings change in 2025?
What segment trends did RCM Technologies (RCMT) see in 2025?
How did RCM Technologies (RCMT) cash flow and debt levels change in 2025?
Filing Exhibits & Attachments
5 documents