Filing Flows › Rafael Holdings (RFL) › Q4 FY26 › vs Q3 FY26
Rafael Holdings (RFL) Q4 FY26 vs Q3 FY26 (quarter over quarter)
Rafael Holdings's revenue rose $65K (+36%) from $179K in Q3 FY26 to $244K in Q4 FY26. The biggest changes: Product Revenue +$62K (+70%); Rental – Third Party +$3K (+5%); Rental – Related Party +$0 (0%).
Rafael Holdings, Q4 FY26: revenue $244K (-30% year over year), net loss $8.9M, operating cash flow −$8.4M. The chart draws each line against Q3 FY26, the increases inside each band.
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Product Revenue | $151K | $89K | $62K | +70% |
| Rental – Third Party | $63K | $60K | $3K | +5% |
| Rental – Related Party | $30K | $30K | $0 | 0% |
| Revenue | $244K | $179K | $65K | +36% |
| Other income, net | $734K | $4.0M | −$3.2M | -82% |
| Income tax benefit | $65K | −$6K | $71K | — |
| Net loss | $8.9M | $2.9M | $6.0M | +208% |
| Costs & expenses | $10.0M | $7.1M | $2.9M | +41% |
| Operating costs | $10.0M | $7.0M | $2.9M | +42% |
| Research & development | $7.5M | $4.9M | $2.6M | +54% |
| General & admin | $2.4M | $2.1M | $304K | +14% |
| Other operating costs | $64K | $56K | $8K | +14% |
| Operating cash sources | $8.9M | $2.9M | $6.0M | +208% |
| Depreciation & amortization | $51K | $48K | $3K | +6% |
| Share-based compensation | $231K | $172K | $59K | +34% |
| Working capital & other | $276K | −$4.6M | $4.9M | — |
| Cash used in operations | $8.4M | $7.3M | $1.1M | +15% |
| Net loss absorbed | $8.9M | $2.9M | $6.0M | +208% |
Questions
How much did Rafael Holdings's revenue grow quarter over quarter in Q4 FY26?
Rafael Holdings's revenue rose $65K (+36%) from $179K in Q3 FY26 to $244K in Q4 FY26.
What drove Rafael Holdings's revenue change in Q4 FY26?
Product Revenue +$62K (+70%); Rental – Third Party +$3K (+5%); Rental – Related Party +$0 (0%).