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NASDAQ NMS - GLOBAL MARKET · Electrical Equipment · CIK 0000355948
$17.50
-11.21% · delayed ~15 min
Last price from Oct 22, 2026
$222.1M market value
From RICHARDSON ELECTRONICS, LTD.'s FY2026 10-K, filed Aug 3, 2026 · read the filing
RICHARDSON ELECTRONICS distributes goods wholesale to other businesses. It took in $228.6M last year, which makes it a smaller company. Of every dollar it sells, about 3 cents is left as profit.
The financial picture is led by debt, with profitability and growth worth watching.
A conclusion from the filings, not a recommendation. Detailed figures and supporting evidence appear in their dedicated sections below.
Recent open-market selling by 8 insiders, not under a pre-arranged plan.
$1.7M sold in the last 120 days · Read the filing
These are things the company filed or that a published model flagged — not predictions, and not a reason on their own to buy or sell anything.
Financial health
Generally healthy, with a few things to watch.
From RICHARDSON ELECTRONICS, LTD.'s FY2026 annual filing · share price scored separately
Largest year-over-year changes in FY2026
Operating income
-$2.5M → $6.5M
Profit
-$1.1M → $6.4M
Free cash flow
$7.7M → -$3.6M
Earnings per share
-$0.09 → $0.50
Measured against FY2025, from the 10-K filed Aug 3, 2026
Improved: turned positive
-$2.5M to $6.5MCritical
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Improved: turned positive
-$1.1M to $6.4MCritical
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
How the latest move compares (quote delayed ~15 min), and what was published around it
RELL fell 11.21% on the latest quote. The S&P 500 moved −1.04%. That is 10.2 points below the market.
No filing from RELL and no news item about it appeared in the last 3 days.
These coincide with the move in time. None is presented as its cause: a price can move on news that names no company, on the wider market, or on trading that no document records.
Filter by minute, hour, day or week — or compare against peers
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Expectations
Not from the filings — what other people are betting on, and what the price already assumes.
Opinions from 7 analysts covering this company, as of . Their views, not this site's.
Of 7 analysts publishing on this company, 2 say strong buy, 4 say buy and 1 say hold. Analysts are paid to publish a view and are wrong often; the split above says how much they agree with each other, which is the part a single headline rating hides.
Published by Finnhub. Analyst coverage skews towards larger companies and towards optimism — sell ratings are rare across the whole market, so a company with none is ordinary rather than endorsed.
The essentials
Each answered from the filings, with the numbers behind it.
Yes. It keeps about 3 cents of every dollar of sales as profit, earning $6.4M last year. Note that after $4.4M of spending on property and equipment, it consumed $3.6M more cash than it generated.
Slowly. Sales grew 9.4% last year.
Core operating and valuation reference metrics
Whether the dividend is covered by what the business actually earns
It pays out 54 cents of every dollar of profit, which leaves little room for the payment to survive a bad year. It paid out 451% of the cash its operations generated. It has paid in each of the last 12 years.
MixedNext payment expected around , projected from how regularly it has paid before rather than from a date the company has announced.
Figures from the FY2026 annual filing
Last year it earned $6.4M and generated $762.0K of cash from operations.
Reported annual figures
As reported to the SEC, in USD. Hover or show sources to see where each figure came from.
| Income statement | FY202610-K · Aug 3, 2026Filing for FY2026 | FY202510-K · Aug 4, 2025Filing for FY2025 | FY202410-K · Aug 3, 2026Filing for FY2024 | FY202310-K · Aug 4, 2025Filing for FY2023 | FY202210-K · Aug 1, 2022Filing for FY2022 | ChangeFY2026 vs FY2025 |
|---|---|---|---|---|---|---|
| RevenueWhat is this? | $228.6M | $208.9M | $196.5M | $262.7M | $224.6M | +9.4% |
| Cost of revenue | $157.2M | $144.1M | $136.5M | $179.0M | $152.9M | +9.1% |
| Gross profit | $71.3M | $64.8M | $60.0M | $83.7M | $71.7M | +10.1% |
| Gross marginGross profit ÷ revenueWhat is this? | 31.2% | 31.0% | 30.5% | 31.9% | 31.9% | +0.2 pts |
| Selling, general and administrative | $65.7M | $62.2M | $59.5M | $58.7M | $55.7M | +5.7% |
| Operating income | $6.5M | -$2.5M | $348.0K | $25.0M | $16.0M | n/m |
| Operating marginOperating income ÷ revenueWhat is this? | 2.8% | -1.2% | 0.2% | 9.5% | 7.1% | +4.0 pts |
| Income before tax | $7.5M | -$1.5M | $157.0K | $25.0M | $15.8M | n/m |
| Net income | $6.4M | -$1.1M | $61.0K | $22.3M | $17.9M | n/m |
| Net marginNet income ÷ revenueWhat is this? | 2.8% | -0.5% | 0.0% | 8.5% | 8.0% | +3.3 pts |
| Earnings per shareNet income ÷ shares outstanding at the period end — close to, but not the same as, the reported EPSWhat is this? | $0.503 | $-0.0929 | $0.004894 | $1.78 | $1.52 | n/m |
† calculated from other reported figures, such as total liabilities as assets minus equity.
Insider activity, ownership stakes and what's coming — straight from EDGAR, before any article is written about it
Officers, directors and major shareholders must report within two business days of a trade.
Sold on the open market — 1,500 shares at $17.47 ($26.2K)
Holds 10,865 shares after this filing.
Sold on the open market — 3,020 shares at $17.99 ($54.3K)
Holds 19,345 shares after this filing.
20 recent filings, newest first. Each is labelled from its form and item numbers, not from its wording.
Published results
Read the filingQuarterly report for Q1 FY2027
Revenue +18.9% · Operating margin +6.1 pts · Operating income +428.4% — against Q1 FY2026
Read the filingWrite down why you are following RICHARDSON ELECTRONICS, LTD., what has to go right and what would change your mind, then see each new annual report measured against it. Sign in to start one.
Go deeper
Every figure above traces back to a filing in the timeline, each linked to the document itself.
The 23 subsidiaries named in its 10-K, incorporated across 20 places. A filer lists the significant ones and may leave the rest out, so this is the floor rather than the full count.
Every company's figures are checked for internal consistency: the balance sheet adding up, figures sharing one currency, cash flow and share counts within plausible ranges, and how recent the latest annual report is. Nothing here changes a figure.
Financial figures are from RELL's 10-K for fiscal year 2026 (period ending 2026-05-30, filed Aug 3, 2026), reported under the US GAAP taxonomy. View the source filing.
3 of 4 scored areas had enough reported figures to judge
The score averages profitability, growth, debt and accounting. Accounting had too few reported figures and is left out of the average rather than counted as a weakness, so a company is never marked down for a figure it did not publish. Cash generation is shown for context and already feeds profitability. Valuation is scored separately, because a share price says nothing about whether the business is sound. 8 of the 9 Piotroski checks could be evaluated. How the score works
Each year scored only from its annual report as it was first filed
| Fiscal year | Health | F-Score | Scored from |
|---|---|---|---|
| FY2026 | 7.3 | 6/8 | 10-K, filed Aug 3, 2026 |
| FY2025 | 6.0 | 5/8 | 10-K, filed Aug 4, 2025 |
| FY2024 | 6.0 | 5/8 | 10-K, filed Aug 5, 2024 |
| FY2023 | 8.7 | 4/8 | 10-K, filed Jul 31, 2023 |
| FY2022 | 8.7 | 4/8 | 10-K, filed Aug 1, 2022 |
| FY2021 | 7.3 | 6/8 | 10-K, filed Aug 2, 2021 |
A later restatement never reaches back into an earlier year, and every year is scored without a share price, so the latest point can differ a little from the headline score, which uses today's price.
Every check behind the three models, and what each one tests
6 of 8 checks passed
Nine yes-or-no tests of whether this year's finances improved on last year's. One could not be evaluated and is excluded from the total rather than counted as a failure.
10.46
In the safe zone
For this model, above 2.6 is safe and below 1.1 is distress.
Distance from bankruptcy, from a model fitted on companies that did and did not go bust. It describes a balance sheet's shape today; it does not forecast a failure.
not reported — This company has not reported enough of the required figures to calculate this score.
This company has not reported enough of the required figures to calculate this score.
Screens eight accounting ratios for the pattern earnings manipulators tend to leave. A flag is a reason to read the filing closely, never evidence of wrongdoing.
Every figure above comes from the FY2026 filing as filed with the SEC.
Deteriorated: turned negative
$7.7M to -$3.6MCritical
Why it matters: Cash left after paying for the plant that produced it — the money genuinely available for dividends, buybacks or paying down debt. Harder to flatter than profit.
Improved: turned positive
-$0.09 to $0.50Critical
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Changed: +55.9%
$2.8M to $4.4MCritical
Why it matters: Neither good nor bad on its own. Heavy spending is a company building capacity or a company struggling to stand still, and the two look identical in this figure.
Improved: +4.0 pts
-1.2% to 2.8%Significant
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Improved: +3.3 pts
-0.5% to 2.8%Significant
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Improved: +9.4%
$208.9M to $228.6MNotable
Why it matters: Sales are what everything else is built on. A fall can be lost customers, lower prices, or a business the company sold — the filing itself says which.
Improved: +10.1%
$64.8M to $71.3MNotable
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Deteriorated: -11.5%
$35.9M to $31.8MNotable
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Deteriorated: +3.2%
12.3M to 12.7MNotable
Why it matters: New shares divide the same company into more pieces, so each existing holding owns slightly less of it. Often pay for staff or an acquisition rather than anything wrong.
Q1 FY2027 against Q1 FY2026, from the 10-Q filed Oct 8, 2026 — read it.
Improved: +428.4%
$968.0K to $5.1MCritical
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Improved: +112.6%
$1.9M to $4.1MCritical
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Improved: +1121.1%
$342.0K to $4.2MCritical
Why it matters: Cash left after paying for the plant that produced it — the money genuinely available for dividends, buybacks or paying down debt. Harder to flatter than profit.
Improved: +104.8%
$0.15 to $0.31Critical
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Changed: +65.6%
$1.0M to $1.7MCritical
Why it matters: Neither good nor bad on its own. Heavy spending is a company building capacity or a company struggling to stand still, and the two look identical in this figure.
Improved: +18.9%
$54.6M to $64.9MSignificant
Why it matters: Sales are what everything else is built on. A fall can be lost customers, lower prices, or a business the company sold — the filing itself says which.
Improved: +32.9%
$16.9M to $22.5MSignificant
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Improved: +3.6 pts
31.0% to 34.6%Significant
Why it matters: What survives each sale before overheads. Falling gross margin usually means the company is discounting or its input costs rose — it is the earliest place pricing pressure shows.
Improved: +6.1 pts
1.8% to 7.9%Significant
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Improved: +2.8 pts
3.5% to 6.3%Notable
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Deteriorated: +3.8%
12.5M to 13.0MNotable
Why it matters: New shares divide the same company into more pieces, so each existing holding owns slightly less of it. Often pay for staff or an acquisition rather than anything wrong.
2 other measures barely moved. Figures compare the two most recent annual filings — read the latest one. Moves are graded on fixed lines — 5%, 15% and 40% for amounts, and 1, 3 and 8 points for margins — as notable, significant or critical. Nothing here reads the management commentary, which is where a company explains its own numbers.
Measured on and published about a week later — this is a fortnightly snapshot, not a live position.
About 5.7% of this company's shares have been borrowed and sold by people expecting to buy them back cheaper. That is a bet the price falls. Those people can be wrong, and when a heavily shorted share rises they have to buy it back, which pushes it up further.
Collected by FINRA from broker-dealers twice a month. It counts positions, not intentions, and some of it is hedging rather than a directional bet against the company.
Nothing in this section is a figure this company reported about itself. These are expectations and positions — what the price implies, what analysts have published, what short sellers are betting, and what large funds held at the last count. WylthIQ reports them; it does not endorse them, does not forecast prices, and takes no view on whether any of them will turn out to be right.
It does not appear so. For every $1 it owes, it owns $5.27 in assets.
The trailing P/E is 32.9x — a high multiple relative to the current trailing profit.
This company has not reported enough of the required figures to calculate this score.
Sold on the open market — 23,901 shares at $20.00 ($478.0K)
Holds 114,150 shares after this filing.
Exercised stock options — 8,000 shares at $15.60 ($124.8K)
Holds 68,534 shares after this filing.
Exercised stock options — 1,000 shares at $15.51 ($15.5K)
Holds 69,534 shares after this filing.
Sold on the open market — 9,000 shares at $21.61 ($194.5K)
Holds 60,534 shares after this filing.
Exercised stock options — 5,000 shares at $9.10 ($45.5K)
Holds 27,365 shares after this filing.
Sold on the open market — 5,000 shares at $21.46 ($107.3K)
Holds 22,365 shares after this filing.
Exercised stock options — 4,836 shares at $15.60 ($75.4K)
Holds 27,201 shares after this filing.
Exercised stock options — 5,000 shares at $15.51 ($77.5K)
Holds 32,201 shares after this filing.
Sold on the open market — 9,836 shares at $18.50 ($182.0K)
Holds 22,365 shares after this filing.
Sold on the open market — 5,000 shares at $18.77 ($93.9K)
Holds 12,365 shares after this filing.
Exercised stock options — 10,000 shares at $5.87 ($58.7K)
Holds 61,365 shares after this filing.
Exercised stock options — 5,000 shares at $9.10 ($45.5K)
Holds 66,365 shares after this filing.
Exercised stock options — 5,000 shares at $5.61 ($28.1K)
Holds 71,365 shares after this filing.
Exercised stock options — 5,000 shares at $4.26 ($21.3K)
Holds 76,365 shares after this filing.
Exercised stock options — 4,000 shares at $7.66 ($30.6K)
Holds 80,365 shares after this filing.
Sold on the open market — 29,000 shares at $17.90 ($519.2K)
Holds 51,365 shares after this filing.
Notice filed ahead of a planned sale — the sale itself has not necessarily happened yet.
Filed notice to sell 15,432 shares ($323.5K) on or after .
Shares originally obtained via Stock Award.
Filed notice to sell 38,993 shares ($744.0K) on or after .
Shares originally obtained via Stock Award.
Filed notice to sell 1,500 shares ($28.9K) on or after .
Shares originally obtained via Stock Award.
Filed notice to sell 3,020 shares ($57.4K) on or after .
Shares originally obtained via Stock Award.
Filed notice to sell 46,296 shares ($972.7K) on or after .
Shares originally obtained via Stock Award.
Filed notice to sell 38,993 shares ($811.8K) on or after .
Shares originally obtained via Stock Award.
Estimated from how often this has happened before, not a confirmed date.
Not investment advice, and not a signal to act on by itself — a filing says what happened, not why, and insiders trade for ordinary reasons having nothing to do with where they think the company is headed.
Completed an acquisition or disposal
Proxy statement for a shareholder meeting
Read the filingAnnual report for FY2026
Revenue +9.4% · Operating margin +4.0 pts · Operating income turned positive — against FY2025
Read the filingPublished results
Read the filingQuarterly report for Q3 FY2026
Operating margin +7.8 pts · Operating income turned positive · Profit turned positive — against Q3 FY2025
Read the filingPublished results
Read the filingQuarterly report for Q2 FY2026
Revenue +5.7% · Operating margin +1.6 pts · Operating income turned positive — against Q2 FY2025
Read the filingPublished results
Read the filingQuarterly report for Q1 FY2026
Operating margin +1.2 pts · Operating income +206.3% · Profit +223.6% — against Q1 FY2025
Read the filingPublished results
Read the filingProxy statement for a shareholder meeting
Read the filingAnnual report for FY2025
Revenue +6.3% · Operating margin −1.4 pts · Operating income turned negative — against FY2024
Read the filingPublished results
Read the filingQuarterly report for Q3 FY2025
Operating margin −7.0 pts · Operating income turned negative · Profit turned negative — against Q3 FY2024
Read the filingPublished results
Read the filingSigned a material agreement · Made a Regulation FD disclosure
Read the filingQuarterly report for Q2 FY2025
Read the filingPublished results
Read the filingSource: Exhibit 21 of the 10-K filed 2026-08-03. These are legal entities, not brands or acquisitions — a company that bought a business may hold it inside an entity named here, or inside one small enough that the rule does not require naming it at all.
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