Filing Flows › Richardson Electronics (RELL) › Q4 FY26
Richardson Electronics (RELL) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Aug 3, 2026
Richardson Electronics (RELL) reported revenue of $66.2M for the fourth quarter fiscal 2026 (Q4 FY26), +28% from a year earlier and +19% from the quarter before. Operating margin was 5.8%, net earnings $3.7M (5.6% of revenue).
Richardson Electronics, Q4 FY26: revenue $66.2M (+28% year over year), operating margin 5.8%, net earnings $3.7M, operating cash flow $2.1M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $66.2M | +19% | +28% |
| Gross profit | $20.7M | +17% | +26% |
| Operating profit | $3.9M | +158% | +513% |
| Net earnings | $3.7M | +315% | +244% |
| Operating cash flow | $2.1M | — | 29× |
| Free cash flow | $1.2M | — | — |
What changed
Revenue was $66.2M in Q4 FY26, up 28% year over year and up 19% from the previous quarter.
Gross margin was 31.2%, down 0.3 points from Q4 FY25. Operating profit was $3.9M, a 5.8% margin (up 4.6 points year over year). Of the extra revenue versus Q4 FY25, 23% reached operating profit, above the 1% margin then. Operating expenses grew 7% against revenue growth of 28%. Net earnings were $3.7M, up 244% year over year. The effective tax rate was 10.8%.
Operating cash flow was $2.1M (up 2797% year over year), 58% of net earnings. Non-cash charges added back $892K of depreciation and amortization and $325K of share-based compensation. Working capital and other items used $2.8M. Capital expenditures of $1.0M left free cash flow of $1.2M.
Questions
What was Richardson Electronics' revenue in the fourth quarter fiscal 2026?
Richardson Electronics (RELL) reported revenue of $66.2M for the fourth quarter fiscal 2026 (Q4 FY26), +28% from a year earlier and +19% from the quarter before.
Was Richardson Electronics profitable in the fourth quarter fiscal 2026?
Operating profit was $3.9M (5.8% of revenue) and net earnings $3.7M.