Every 10-Q that Richardson Electronics Ltd (RELL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow RELL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full RELL filings page.
Richardson Electronics, Ltd. (RELL) reported net sales of $64.923 million for the three months ended August 29, 2026, up 18.9% from $54.607 million a year earlier. Net income was $4.059 million, compared with $1.909 million, and diluted earnings per common share were $0.27 versus $0.13. Gross margin was 34.6%, compared with 31.0%, while operating income was $5.115 million versus $0.968 million. Sales increased in each segment: PMT grew 19.7%, GES 27.1% and Canvys 7.9%.
Operating activities generated $5.873 million in cash, compared with $1.367 million a year earlier; capital expenditures used $1.697 million. Cash and equivalents were $36.915 million as of August 29, 2026. The $20 million revolving credit facility had no amount outstanding, and no drawings or repayments were reported through the report release date. Management said it believes existing liquidity sources, including cash, will provide sufficient resources for known capital requirements and working-capital needs through the next twelve months. The company attributed PMT sales gains to semiconductor wafer-fab customers and RF and wireless components, GES gains to wind-turbine power management products and initial BESS shipments, and Canvys growth to higher North American sales.
Richardson Electronics, Ltd. reported improved results for the third quarter and first nine months of fiscal 2026, returning to profitability after prior-year losses. Quarterly net sales rose to $55.5 million, with net income of $0.9 million, driven mainly by growth in the Power and Microwave Technologies segment and slightly higher gross margin of 31.9%. For the first nine months, net sales reached $162.4 million and net income was $2.7 million, reflecting better product mix and operating leverage.
The Green Energy Solutions segment grew year-to-date but declined in the quarter, while Canvys saw softer North American demand in Q3 despite higher year-to-date sales. Cash and cash equivalents were $29.5 million with no borrowings on the $20 million revolving credit facility, and total assets were $199.8 million, indicating a solid balance sheet. The company continues to benefit from restructuring of its former Healthcare business and focuses on engineered solutions across power, RF and green energy markets.
Richardson Electronics, Ltd. reported modest growth and improved profitability for the quarter and first half ended November 29, 2025. Quarterly net sales rose to $52.3 million, up 5.7% from a year earlier, with strength in Green Energy Solutions and Canvys offsetting lower Power and Microwave Technologies revenue. Gross margin held around 31%, and tight cost control kept selling, general and administrative expenses roughly flat, lifting quarterly operating income to $0.1 million from a prior loss.
For the first six months, net sales increased to $106.9 million and net income improved to $1.8 million from a small loss a year ago, reflecting higher sales and slightly better margins. The company maintained a solid balance sheet, with $33.1 million of cash and cash equivalents, minimal long-term liabilities, and inventories of $105.2 million. Richardson also extended its $20 million revolving credit facility to 2028 and completed the sale of most Healthcare assets while retaining a long-term CT tube supply relationship, and it now reports three operating segments: PMT, GES and Canvys.
Richardson Electronics, Ltd. reported modest revenue growth and improved profitability in the first quarter of fiscal 2026. Net sales rose to $54.6 million, up 1.6% from $53.7 million a year earlier. Gross margin increased to 31.0% from 30.6%, supporting higher operating leverage.
Selling, general and administrative expenses were $16.0 million or 29.2% of sales versus $16.1 million or 30.0% a year ago. Operating income improved to $1.0 million from $0.3 million, and net income rose to $1.9 million from $0.6 million. The company disclosed a 10-year global supply agreement to supply repaired Siemens CT X-ray tubes and an exclusive limited manufacturing arrangement for ALTA CT X-ray tubes for about twelve months. Management noted tax-law changes and is evaluating the future impact on results and cash flows.