Richardson Electronics Reports Strong FY25 Results

Richardson Electronics ( (RELL) ) has released its Q4 earnings. Here is a breakdown of the information Richardson Electronics presented to its investors.

Richardson Electronics, Ltd. is a global manufacturer specializing in engineered solutions, green energy products, and power grid and microwave tubes, serving diverse markets such as healthcare, aviation, and semiconductor industries. The company recently reported its fourth-quarter and fiscal year 2025 results, highlighting a year of strategic transition with a 6.3% increase in annual net sales, driven by a significant 23.6% growth in its Green Energy Solutions segment.

For the fourth quarter, Richardson Electronics achieved net sales of $51.9 million, marking a 9.5% increase from the previous year, despite the sale of most of its Healthcare assets. The Power and Microwave Technologies Group led the growth with a 17.8% increase in sales, while the Green Energy Solutions and Canvys segments also showed positive performance. The company maintained a stable backlog and ended the quarter with positive operating cash flow for the fifth consecutive time.

The company’s gross margin improved to 31.6% in the fourth quarter, up from 31.1% the previous year, with notable margin improvements in the Power and Microwave Technologies and Green Energy Solutions segments. Operating income for the quarter was $0.6 million, with a non-GAAP operating income of $0.8 million, reflecting a turnaround from the previous year’s operating loss. The company also declared a quarterly cash dividend of $0.06 per share.

Looking ahead, Richardson Electronics is focused on driving growth through expanding its value-added engineered solutions and scaling its Green Energy Solutions business. With a strong balance sheet and robust customer relationships, the company is well-positioned to pursue sustainable growth despite dynamic macroeconomic conditions.