Raspberry Pi lifts 2025 profit as semiconductor push and product expansion drive growth

Raspberry PI Holdings plc ( (GB:RPI) ) has shared an announcement.

Raspberry Pi reported a strong 2025 performance, with revenue up 25% to $323.2 million and adjusted EBITDA also rising 25% to $46.4 million, driven by higher unit shipments and robust demand from OEMs and resellers, especially in the U.S. and China. Profit before tax jumped 63%, EPS rose sharply, and the company ended the year with $28.1 million in net cash after repaying $52.2 million of extended supplier payables, underscoring solid cash generation despite a lower cash balance.

Operationally, the group shipped 7.6 million units, strengthened its semiconductor franchise as chip volumes surpassed boards and modules, and expanded its product and platform portfolio with 13 launches, including updates to its Raspberry Pi Connect IoT platform and the post-year-end AI HAT+2 for advanced AI workloads. Management highlighted resilience in the face of rising DRAM costs, supported by supplier diversification, inventory buffers and pricing flexibility, and sees the current supply environment as an opportunity to gain market share, deepen customer relationships and sustain strong momentum into 2026.

The most recent analyst rating on (GB:RPI) stock is a Hold with a £250.00 price target. To see the full list of analyst forecasts on Raspberry PI Holdings plc stock, see the GB:RPI Stock Forecast page.

Spark’s Take on RPI Stock

According to Spark, TipRanks’ AI Analyst, RPI is a Neutral.

The score is primarily supported by strong revenue growth and a solid balance sheet, but is held back by recent margin deterioration and negative free cash flow. Technicals are neutral-to-weak (below key longer-term moving averages with a negative MACD), and the high P/E without dividend support further pressures the overall rating.

To see Spark’s full report on RPI stock, click here.

More about Raspberry PI Holdings plc

Raspberry Pi Holdings plc, headquartered in Cambridge, U.K., is a full-stack engineering company focused on high-performance, low-cost general-purpose computing platforms. Its products span semiconductor IP, single-board computers, modules, microcontrollers, accessories and software, serving industrial and embedded customers, enthusiasts, educators and semiconductor buyers worldwide, with more than 75 million units sold to date.

Average Trading Volume: 959,482

Technical Sentiment Signal: Sell

Current Market Cap: £565.1M

Learn more about RPI stock on TipRanks’ Stock Analysis page.