RICHARDSON ELECTRONICS, LTD.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $228.6M | $208.9M | $196.5M | $262.7M | $224.6M | $176.9M | $155.9M | $166.7M |
| Cost of Revenue | $157.2M | $144.1M | $136.5M | $179.0M | $152.9M | $118.1M | $106.2M | $114.9M |
| Gross Profit | $71.3M | $64.8M | $60.0M | $83.7M | $71.7M | $58.8M | $49.7M | $51.7M |
| Gross Margin | 31.2% | 31.0% | 30.5% | 31.9% | 31.9% | 33.2% | 31.9% | 31.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $65.7M | $62.2M | $59.5M | $58.7M | $55.7M | $55.9M | $51.3M | $52.2M |
| Operating Income | $6.5M | $-2.5M | $348.0K | $25.0M | $16.0M | $2.9M | $-1.7M | $-6.8M |
| Operating Margin | 2.8% | -1.2% | 0.2% | 9.5% | 7.1% | 1.6% | -1.1% | -4.1% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $7.5M | $-1.5M | $157.0K | $25.0M | $15.8M | $2.3M | $-1.2M | $-6.3M |
| Income Tax Expense | $1.1M | $-388.0K | $96.0K | $2.7M | $-2.2M | $653.0K | $624.0K | $1.0M |
| Net Income | $6.4M | $-1.1M | $61.0K | $22.3M | $17.9M | $1.7M | $-1.8M | $-7.3M |
| Net Margin | 2.8% | -0.5% | 0.0% | 8.5% | 8.0% | 0.9% | -1.2% | -4.4% |
| EPS (Basic) | — | — | — | — | — | — | — | — |
| EPS (Diluted) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Basic) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Diluted) | 12.7M | 12.3M | 12.5M | 12.5M | 11.8M | 11.2M | 11.0M | 10.9M |
| Dividends Per Share | — | — | — | — | — | — | — | — |