R F Industries LTD income statement
In fiscal 2025, R F Industries LTD reported revenue of $80.6m, up 24.3% on the year before, operating income of $1.8m (a 2.2% margin) and net income of $75,000, or $0.01 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Oct 2010 | 2011Oct 2011 | 2012Oct 2012 | 2013Oct 2013 | 2014Oct 2014 | 2015Oct 2015 | 2016Oct 2016 | 2017Oct 2017 | 2018Oct 2018 | 2019Oct 2019 | 2020Oct 2020 | 2021Oct 2021 | 2022Oct 2022 | 2023Oct 2023 | 2024Oct 2024 | 2025Oct 2025 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 16 | 19 | 28 | 37 | 23 | 31 | 30 | 23 | 50 | 55 | 43 | 57 | 72 | 72 | 65 | 81 | 86 |
| Cost of revenue | — | — | — | — | — | — | — | 16 | 33 | 40 | 31 | 40 | 53 | 53 | 46 | 54 | 56 |
| Gross profit | 8 | 9 | 12 | 16 | 10 | 10 | 8 | 7 | 17 | 16 | 12 | 18 | 20 | 20 | 19 | 27 | 30 |
| Research and development | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 3 | 3 | 3 | 3 | 4 |
| Selling, general and administrative | 5 | 7 | 7 | 8 | 7 | 9 | 10 | 6 | 8 | 10 | 10 | 12 | 20 | 20 | 19 | 22 | 23 |
| Operating income | 2 | 1 | 4 | 7 | 2 | 1 | −5 | 0 | 7 | 4 | −0 | 4 | −4 | −4 | −3 | 2 | 4 |
| Interest expense | — | 0 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Income before tax | 2 | 1 | 4 | 7 | 2 | 1 | −5 | 0 | 7 | 5 | −0 | 7 | −4 | −4 | −4 | 1 | 3 |
| Income tax | 1 | 0 | 1 | 2 | 1 | 0 | −1 | 0 | 1 | 1 | −0 | 1 | −1 | −1 | 3 | 1 | 1 |
| Net income | 1 | 1 | 3 | 4 | 1 | 1 | −4 | 0 | 6 | 4 | −0 | 6 | −3 | −3 | −7 | 0 | 2 |
| Diluted EPS | $0.19 | $0.11 | $0.34 | $0.43 | $0.16 | $0.11 | −$0.47 | $0.04 | $0.61 | $0.36 | −$0.01 | $0.61 | −$0.30 | −$0.30 | −$0.63 | $0.01 | $0.22 |
| Diluted shares (average) | — | 7m | 8m | 8m | 9m | 9m | 9m | 9m | 10m | 10m | 10m | 10m | 10m | 10m | 10m | 11m | 11m |
| EBITDA | 2 | 2 | 5 | 7 | 3 | 1 | −4 | 1 | 8 | 5 | 1 | 5 | −2 | −1 | −0 | 4 | 6 |
| Quarter | 2024 Q4Oct 2024 | 2025 Q1Jan 2025 | 2025 Q2Apr 2025 | 2025 Q3Jul 2025 | 2025 Q4Oct 2025 | 2026 Q1Jan 2026 | 2026 Q2Apr 2026 | 2026 Q3Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 18 | 19 | 19 | 20 | 23 | 19 | 21 | 24 |
| Cost of revenue | 13 | 13 | 13 | 13 | 14 | 13 | 13 | 15 |
| Gross profit | 6 | 6 | 6 | 7 | 8 | 6 | 7 | 9 |
| Research and development | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Selling, general and administrative | 5 | 5 | 5 | 5 | 7 | 5 | 5 | 6 |
| Operating income | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 2 |
| Income before tax | −0 | −0 | −0 | 0 | 1 | −0 | 1 | 2 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −0 | −0 | −0 | 0 | 0 | −0 | 1 | 1 |
| Diluted EPS | −$0.02 | −$0.02 | −$0.02 | $0.04 | $0.02 | $0.00 | $0.08 | $0.12 |
| EBITDA | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 |
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