Reported Q: Q2 2025 Rev YoY: +12.2% EPS YoY: +63.0% Move: +5.81%
Richardson Electronics
RELL
$12.02 5.81%
Exchange NASDAQ Sector Technology Industry Hardware Equipment Parts
Q2 2025
Published: Jan 10, 2025

Company Status Snapshot

Fast view of the latest quarter outcome for RELL

Reported

Report Date

Jan 10, 2025

Quarter Q2 2025

Revenue

49.49M

YoY: +12.2%

EPS

-0.05

YoY: +63.0%

Market Move

+5.81%

Previous quarter: Q1 2025

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Earnings Highlights

  • Revenue of $49.49M up 12.2% year-over-year
  • EPS of $-0.05 increased by 63% from previous year
  • Gross margin of 31.0%
  • Net income of -751.00K
  • "Iโ€™m pleased to share an encouraging update on our second quarter performance as we are making significant progress with our multiyear growth strategy." - Edward Richardson
RELL
Company RELL

Executive Summary

Richardson Electronics delivered a resilient QQ2 2025 performance, highlighted by a 12.1% year-over-year revenue increase to $49.5 million and meaningful gross margin expansion. Consolidated gross margin rose to 31.0% from 28.4% a year earlier, driven by stronger product mix across PMT and GES, offset partially by weaker Canvas margins. The company recorded an operating loss of $0.7 million but achieved EBITDA near breakeven, signaling improving operating leverage as the mix shifts toward higher-margin offerings. Net income declined to -$0.8 million (EPS -$0.048) on timing and mix, while free cash flow was robust at $4.95 million for the quarter and the company ended the period with $26.6 million of cash and no outstanding debt on its revolving line. Importantly, the backlog remained substantial at roughly $101 million, with ~80% expected to ship over the next 12 months, underscoring the visibility of near-term revenue flow and the potential for further margin expansion as PMT and GES scale.

Key Performance Indicators

Revenue
Increasing
49.49M
QoQ: -7.88% | YoY: 12.15%
Gross Profit
Increasing
15.33M
30.97% margin
QoQ: -6.70% | YoY: 22.20%
Operating Income
Increasing
-669.00K
QoQ: -311.71% | YoY: 66.82%
Net Income
Increasing
-751.00K
QoQ: -227.29% | YoY: 58.21%
EPS
Increasing
-0.05
QoQ: -218.18% | YoY: 63.00%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2026 52.29 -0.02 -2.7% View
Q1 2026 54.61 0.13 +15.3% View
Q3 2025 53.80 -0.13 +2.7% View
Q2 2025 49.49 -0.05 +12.2% View
Q1 2025 53.73 0.04 +2.2% View