Filing Flows › Rafael Holdings (RFL) › Q3 FY26 › vs Q3 FY25
Rafael Holdings (RFL) Q3 FY26 vs Q3 FY25 (year over year)
Rafael Holdings's revenue fell $183K (-51%) from $362K in Q3 FY25 to $179K in Q3 FY26. The biggest changes: Product Revenue −$154K (-63%); Rental Third Party +$11K (+22%); Rental Related Party +$2K (+7%).
Rafael Holdings, Q3 FY26: revenue $179K (-51% year over year), net loss $2.9M, operating cash flow −$7.3M. The chart draws each line against Q3 FY25, the increases inside each band.
Every line
| Line | Q3 FY26 | Q3 FY25 | Change | % |
|---|---|---|---|---|
| Product Revenue | $89K | $243K | −$154K | -63% |
| Rental Third Party | $60K | $49K | $11K | +22% |
| Rental Related Party | $30K | $28K | $2K | +7% |
| Revenue | $179K | $362K | −$183K | -51% |
| Other income, net | $4.0M | −$549K | $4.5M | — |
| Net loss | $2.9M | $4.1M | −$1.2M | -28% |
| Costs & expenses | $7.1M | $6.8M | $231K | +3% |
| Operating costs | $7.0M | $6.3M | $774K | +12% |
| Income tax | $6K | −$2.4M | $2.4M | — |
| Research & development | $4.9M | $3.0M | $1.9M | +62% |
| General & admin | $2.1M | $3.2M | −$1.0M | -32% |
| Other operating costs | $56K | $102K | −$46K | -45% |
| Operating cash sources | $7.5M | $3.6M | $3.9M | +108% |
| Depreciation & amortization | $48K | $62K | −$14K | -23% |
| Share-based compensation | $172K | $353K | −$181K | -51% |
| Cash used in operations | $7.3M | $3.2M | $4.1M | +128% |
| Net loss absorbed | $2.9M | $4.1M | −$1.2M | -28% |
| Working capital & other | $4.6M | −$446K | $5.1M | — |
Questions
How much did Rafael Holdings's revenue grow year over year in Q3 FY26?
Rafael Holdings's revenue fell $183K (-51%) from $362K in Q3 FY25 to $179K in Q3 FY26.
What drove Rafael Holdings's revenue change in Q3 FY26?
Product Revenue −$154K (-63%); Rental Third Party +$11K (+22%); Rental Related Party +$2K (+7%).