Rand Capital Corp (RAND) Financial Statements
In fiscal 2025, Rand Capital reported revenue of $6.5M, down 24.4% from $8.6M the year before. Net income was -$8.0M (a -124.2% net margin), or -$2.73 per diluted share. Operating activities generated $11.3M of cash. At fiscal year end, Rand Capital held $53.2M in total assets against $1.0M in total liabilities, including $4.2M of cash and equivalents.
Open the full interactive Rand Capital financials → Quarterly statements, key ratios, valuation history and price charts.
Rand Capital Key Stats
| Share Price | $9.60 |
|---|---|
| Market Cap | $28.5M |
| Dividend Yield | 17.92% |
| Revenue YoY Growth | -24.3% |
| 52-Week Range | $9.56 – $15.14 |
| Shares Outstanding | 3.0 million (basic, 2026 Q2) |
Rand Capital Income Statement
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Revenue | $7.3M | $8.6M | $6.5M |
| Pre-Tax Income | $3.5M | $8.8M | -$8.0M |
| Income Tax | $192,111 | — | — |
| Net Income | $6.5M | $8.8M | -$8.0M |
| Diluted EPS | $2.53 | $3.42 | -$2.73 |
Rand Capital Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.6M | $2.9M | $1.2M | $1.4M |
| Net Income | -$2.2M | $1.1M | -$367,469 | $1.4M |
| Diluted EPS | -$0.75 | $0.37 | -$0.12 | $0.46 |
Rand Capital Balance Sheet
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Cash & Equivalents | — | — | $4.2M |
| Total Assets | $81.0M | $72.5M | $53.2M |
| Total Long-Term Debt | $16.2M | $600,000 | — |
| Total Liabilities | $20.2M | $7.1M | $1.0M |
| Shareholders' Equity | $60.8M | $65.3M | $52.2M |
Rand Capital Cash Flow Statement
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Cash From Operations | -$8.3M | $15.3M | $11.3M |
| Cash From Financing | $10.3M | -$17.8M | -$7.9M |
| Dividends Paid | $3.4M | $2.1M | $7.3M |
Figures from Rand Capital's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Rand Capital financials page for every line item.
Rand Capital Company Profile
| Ticker | RAND |
|---|---|
| Exchange | Nasdaq |
| Headquarters | Buffalo, New York |
| Incorporated in | New York |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer |
| SEC CIK | 0000081955 |
Frequently Asked Questions
What was Rand Capital's revenue in fiscal 2025?
Rand Capital (RAND) reported revenue of $6.5M for fiscal 2025.
What is Rand Capital's annual revenue history?
Rand Capital's annual revenue by fiscal year: 2023: $7.3M; 2024: $8.6M; 2025: $6.5M.
What was Rand Capital's net income in fiscal 2025?
Rand Capital reported net income of -$8.0M for fiscal 2025.
What was Rand Capital's earnings per share (EPS) in fiscal 2025?
Rand Capital's diluted EPS was -$2.73 for fiscal 2025 (adjusted for any later stock splits).
What was Rand Capital's revenue last quarter?
In its most recent reported quarter (2026 Q2), Rand Capital reported revenue of $1.4M.
How many shares of Rand Capital are outstanding?
Rand Capital reported a weighted average of 3.0 million basic shares outstanding in 2026 Q2.
What is Rand Capital's market cap?
Based on its latest closing price, Rand Capital (RAND) has a market capitalization of about $28.5M.
When does Rand Capital's fiscal year end?
Rand Capital's fiscal year end, as registered with the SEC, is December 31.
Where is Rand Capital headquartered?
Rand Capital lists its business address in Buffalo, New York in its SEC filings.