R F INDUSTRIES LTD
Financial highlights
| Metric | FY 10/31/25 | FY 10/31/24 | FY 10/31/23 | FY 10/31/22 | FY 10/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $80.6M | $64.9M | $72.2M | $72.2M | $57.4M |
| Cost of revenue | $53.9M | $46.0M | $52.6M | $52.6M | $39.7M |
| Gross profit | $26.7M | $18.9M | $19.5M | $19.5M | $17.8M |
| Selling, general & administrative | $22.0M | $18.9M | $20.2M | $20.2M | $11.9M |
| Research and development | $3.0M | $2.8M | $3.2M | $3.2M | $1.5M |
| Operating expenses | $25.0M | $21.7M | $23.3M | $23.3M | $13.4M |
| Operating income | $1.8M | -$2.8M | -$3.8M | -$3.8M | $4.4M |
| Pretax income | $813,000 | -$3.8M | -$4.2M | -$4.2M | $7.2M |
| Income tax expense | $738,000 | $2.8M | -$1.2M | -$1.2M | $1.0M |
| Net income | $75,000 | -$6.6M | -$3.1M | -$3.1M | $6.2M |
| Balance Sheet | |||||
| Cash and equivalents | $5.1M | $839,000 | $4.9M | $4.5M | $13.1M |
| Current assets | $35.0M | $29.1M | $36.0M | $46.2M | $40.6M |
| Total assets | $73.0M | $71.0M | $82.3M | $89.6M | $49.6M |
| Current liabilities | $20.9M | $18.1M | $12.5M | $19.5M | $9.4M |
| Total liabilities | $37.8M | $37.0M | $42.5M | $47.7M | $10.0M |
| Stockholders' equity | $35.2M | $34.1M | $39.8M | $41.9M | $39.6M |
| Cash Flow Statement | |||||
| Cash from operations | $4.6M | $3.2M | $4.2M | $2.9M | -$3.1M |
| Depreciation and amortization | $2.5M | $2.5M | $2.4M | $1.7M | $770,000 |
| Stock-based compensation | $872,000 | $924,000 | $898,000 | $689,000 | $769,000 |
| Capital expenditure | $235,000 | $738,000 | $2.5M | $2.7M | $227,000 |
| Free cash flow | $4.3M | $2.4M | $1.7M | $217,000 | -$3.3M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Impairments | $0 | $0 | $0 | $0 | — |
Shares outstanding 10.8M · Free float 65.0%
Annual filing data through FY ended October 31, 2025; float as of July 8, 2026.