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MARKETS / NASDAQ / RELL
NASDAQ · WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC · MID CAP

Richardson Electronics, Ltd. RELL

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$228.6M
▲ 9.4% YoY
$6.4M
$-3.6M
▼ 146.8% YoY
In brief

What this company does

Richardson Electronics, Ltd. is a global manufacturer of engineered solutions, green energy products, power grid and microwave tubes and related consumables, power conversion and RF and microwave components including green energy solutions, tubes for diagnostic imaging equipment, and customized display solutions. The company has manufacturing facilities in LaFox, Illinois; Marlborough, Massachusetts; and Donaueschingen, Germany, and it serves customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets. As of May 30, 2026, the company employed 429 individuals, of whom 392 worked full time and 37 part time, with 270 full-time and 17 part-time employees in the United States and 122 full-time and 20 part-time employees located internationally. In fiscal 2026, sales to one customer in the PMT segment totaling $31.5 million accounted for 14 percent of the company's consolidated net sales. Through fiscal 2025 the company had four reportable segments — Power and Microwave Technologies (PMT), Green Energy Solutions (GES), Canvys and Healthcare — and beginning June 1, 2025 it realigned its operating segment structure to three segments: PMT, GES and Canvys. The Power and Microwave Technologies segment combines the company's core engineered-solutions capabilities and its power grid and microwave tube business with newer radio-frequency, wireless and power technologies. The Canvys segment provides customized display solutions, including touch screens, protective panels, custom enclosures, all-in-one computers, specialized cabinet finishes and application-specific software packages and certification services, serving the corporate enterprise, financial, healthcare, industrial and medical original-equipment-manufacturer markets.

Written from the business description in RICHARDSON ELECTRONICS, LTD.'s annual report to the U.S. Securities and Exchange Commission, filed 3 August 2026. Every sentence was checked against that document before publication.

Growth
USD 228.6M
Revenue, FY2025 · full 17-year series below
Revenue $M Net income $M
FY2025 · Revenue 228.6 · Net income 6.4
100M200M200920112013201520172019202120232025
Compound annual growth
−4.5%
+5.3%
+4.9%
+2.5%
−34.1%
+31.0%
−16.0%
+55.2%
+1.2%
+2.0%
−8.0%
−2.9%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +5.3% a year over five years — but profit grew faster: net income at +31.0%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
3 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 2.8% · Net 2.8%
20%40%200920112013201520172019202120232025
ROE
FY2025 · ROE 4.0%
20%40%-2%-4%200920112013201520172019202120232025

Each USD of equity produced 4 cents of profit this year.

Cash & shareholders
USD 3.4M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -3.6
8M16M-20M-40M200920112013201520172019202120232025
Net buybacks $M Dividends $M
FY2025 · Dividends 3.4 · Net buybacks —
10M20MDividendsNet buybacks200920112013201520172019202120232025

USD 3.4M in dividends — 54% of the year's profit went back to shareholders.

Total assetsUSD 202.0M
EquityUSD 163.7M
CashUSD 31.8M
Current ratio4.75×

Equity funds 81% of total assets.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B0.20.20.20.30.20.20.20.20.20.10.10.10.10.10.20.20.1
Operating income $B0.0−0.00.00.00.00.0−0.0−0.00.0−0.0−0.0−0.0−0.00.00.00.0−0.0
EBITDA $B0.00.00.00.00.00.00.0−0.00.0−0.0−0.0−0.0−0.00.00.00.00.0
Income tax $B0.0−0.00.00.0−0.00.00.00.00.00.00.0−0.0−0.00.0−0.00.0−0.0
Net income $B0.0−0.00.00.00.00.0−0.0−0.00.0−0.0−0.0−0.0−0.00.00.00.10.0
Free cash flow $B−0.00.00.0−0.0−0.0−0.00.0−0.0−0.0−0.0−0.0−0.00.00.0−0.00.00.0
EPS, diluted $·······0.27−0.49···0.03····
Dividend / sh $·················
Payout %54−29855341518189−169−4280−44−46−59−6492863929
ROE %4.0−0.70.015.113.91.4−1.5−5.72.9−5.1−4.5−3.4−0.30.64.050.012.4
Shares out B·········0.00·······

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 66 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 29 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityWholesale-Electronic Parts & Equipment, NEC
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsMay 30
SEC categorysmaller reporting company
Data on record since2009

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