RICHARDSON ELECTRONICS, LTD.RELLEarnings & Financial Report
The James Richardson Corporation, also going by the name James Richardson Group or JR/Group, is an Australian furniture, hospitality, real estate and retail corporation, headquartered in the Abbotsford suburb of Melbourne, Australia. It is privately owned and employs approximately 2,300 people worldwide. It is perhaps best known among consumers for its duty-free retail stores in airports and border crossings in Australasia and the Middle East. The company is a household name in Israel due to ...
Revenue
$53.7M
Gross Profit
$16.4M
Operating Profit
$316.0K
Net Profit
$590.0K
Gross Margin
30.6%
Operating Margin
0.6%
Net Margin
1.1%
YoY Growth
2.6%
RICHARDSON ELECTRONICS, LTD. Q1 FY2025 Financial Summary
RICHARDSON ELECTRONICS, LTD. reported revenue of $53.7M (up 2.6% YoY) for Q1 FY2025, with a net profit of $590.0K (down 21.3% YoY) (1.1% margin). Cost of goods sold was $37.3M, operating expenses totaled $16.1M.
Key Financial Metrics
| Total Revenue | $53.7M |
|---|---|
| Net Profit | $590.0K |
| Gross Margin | 30.6% |
| Operating Margin | 0.6% |
| Report Period | Q1 FY2025 |
Revenue Breakdown
RICHARDSON ELECTRONICS, LTD. Q1 FY2025 revenue of $53.7M breaks down across 4 segments, led by Power And Microwave Technologies Group at $34.2M (63.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Power And Microwave Technologies Group | $34.2M | 63.7% |
| Global Energy Solutions | $8.1M | 15.1% |
| Other | $7.6M | 14.2% |
| Canvys | $3.8M | 7.1% |
RICHARDSON ELECTRONICS, LTD. Revenue by Segment — Quarterly Trend
RICHARDSON ELECTRONICS, LTD. revenue by segment across the last 4 reported quarters, showing how each business line (such as Power And Microwave Technologies Group and Global Energy Solutions) has evolved quarter over quarter.
| Segment | Q2 FY2026 | Q1 FY2026 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Power And Microwave Technologies Group | $35.2M | $39.1M | $33.2M | $34.4M |
| Global Energy Solutions | $8.3M | $7.3M | $9.3M | $6.0M |
| Other | — | — | $9.2M | — |
| Canvys | $8.8M | $8.3M | — | $6.9M |
RICHARDSON ELECTRONICS, LTD. Annual Revenue by Year
RICHARDSON ELECTRONICS, LTD. annual revenue history includes year-by-year totals (for example, 2023 revenue was $262.7M).
| Year | Annual Revenue |
|---|---|
| 2023 | $262.7M |
| 2022 | $224.6M |
RICHARDSON ELECTRONICS, LTD. Quarterly Revenue & Net Profit History
RICHARDSON ELECTRONICS, LTD. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2026 | $52.3M | +5.7% | $-121.0K | -0.2% |
| Q1 FY2026 | $54.6M | +1.6% | $1.9M | 3.5% |
| Q3 FY2025 | $53.8M | +2.7% | $-2.1M | -3.8% |
| Q2 FY2025 | $49.5M | -5.9% | $-751.0K | -1.5% |
| Q1 FY2025 | $53.7M | +2.6% | $590.0K | 1.1% |
| Q3 FY2024 | $52.4M | -22.5% | $750.0K | 1.4% |
| Q2 FY2024 | $44.1M | -37.3% | $-1.8M | -4.1% |
| Q1 FY2024 | $52.6M | -20.2% | $1.2M | 2.3% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $52.6M | $44.1M | $52.4M | $53.7M | $49.5M | $53.8M | $54.6M | $52.3M |
| YoY Growth | -20.2% | -37.3% | -22.5% | 2.6% | -5.9% | 2.7% | 1.6% | 5.7% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $195.5M | $196.5M | $193.6M | $197.9M | $195.2M | $189.8M | $200.1M | $201.8M |
| Liabilities | $35.2M | $37.8M | $35.0M | $38.8M | $39.0M | $36.9M | $40.7M | $43.3M |
| Equity | $160.4M | $158.6M | $158.6M | $159.1M | $156.2M | $152.9M | $159.4M | $158.5M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $1.0M | $800000 | $-2.5M | $412000 | $5.5M | $4.6M | $1.4M | $-99000 |