Filing Flows › Richardson Electronics (RELL) › Q1 FY27
Richardson Electronics (RELL) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Oct 8, 2026
Richardson Electronics (RELL) reported revenue of $64.9M for the first quarter fiscal 2027 (Q1 FY27), +19% from a year earlier and -2% from the quarter before. Operating margin was 7.9%, net earnings $4.1M (6.3% of revenue).
Richardson Electronics, Q1 FY27: revenue $64.9M (+19% year over year), operating margin 7.9%, net earnings $4.1M, operating cash flow $5.9M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $64.9M | -2% | +19% |
| Gross profit | $22.5M | +9% | +33% |
| Operating profit | $5.1M | +32% | +428% |
| Net earnings | $4.1M | +10% | +113% |
| Operating cash flow | $5.9M | +174% | +330% |
| Free cash flow | $4.2M | +263% | 12× |
What changed
Revenue was $64.9M in Q1 FY27, up 19% year over year and down 2% from the previous quarter.
Gross margin was 34.6%, up 3.6 points from Q1 FY26. Operating profit was $5.1M, a 7.9% margin (up 6.1 points year over year). Of the extra revenue versus Q1 FY26, 40% reached operating profit, above the 2% margin then. Operating expenses grew 9% against revenue growth of 19%. Net earnings were $4.1M, up 113% year over year. The effective tax rate was 19.6%.
Operating cash flow was $5.9M (up 330% year over year), 145% of net earnings. Non-cash charges added back $907K of depreciation and amortization and $695K of share-based compensation. Capital expenditures of $1.7M left free cash flow of $4.2M.
Questions
What was Richardson Electronics' revenue in the first quarter fiscal 2027?
Richardson Electronics (RELL) reported revenue of $64.9M for the first quarter fiscal 2027 (Q1 FY27), +19% from a year earlier and -2% from the quarter before.
Was Richardson Electronics profitable in the first quarter fiscal 2027?
Operating profit was $5.1M (7.9% of revenue) and net earnings $4.1M.