R F Industries LTD (RFIL) Financial Statements
Industry: Electronic Connectors
In fiscal 2025, R F Industries reported revenue of $80.6M, up 24.3% from $64.9M the year before. Net income was $75,000 (a 0.1% net margin), or $0.01 per diluted share. Gross margin was 33.2% and operating margin was 2.2%. Operating activities generated $4.6M of cash, leaving $4.3M of free cash flow. At fiscal year end, R F Industries held $73.0M in total assets against $37.8M in total liabilities, including $5.1M of cash and equivalents.
Open the full interactive R F Industries financials → Quarterly statements, key ratios, valuation history and price charts.
R F Industries Key Stats
| Share Price | $7.95 |
|---|---|
| Market Cap | $92.2M |
| P/E Ratio | 795.0 |
| Revenue YoY Growth | +24.2% |
| 52-Week Range | $5.65 – $21.50 |
| Shares Outstanding | 10.9 million (basic, 2026 Q3) |
R F Industries Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $43.0M | $57.4M | $85.3M | $72.2M | $64.9M | $80.6M |
| Cost of Goods Sold | $31.5M | $39.7M | $60.7M | $52.6M | $46.0M | $53.9M |
| Gross Profit | $11.6M | $17.8M | $24.5M | $19.5M | $18.9M | $26.7M |
| Operating Income | -$403,000 | $4.4M | $2.2M | -$3.8M | -$2.8M | $1.8M |
| Pre-Tax Income | -$448,000 | $7.2M | $1.6M | -$4.2M | -$3.8M | $813,000 |
| Income Tax | -$367,000 | $1.0M | $139,000 | -$1.2M | $2.8M | $738,000 |
| Net Income | -$81,000 | $6.2M | $1.4M | -$3.1M | -$6.6M | $75,000 |
| Diluted EPS | -$0.01 | $0.61 | $0.14 | -$0.30 | -$0.63 | $0.01 |
R F Industries Quarterly Results
| 2025 Q4 | 2026 Q1 | 2026 Q2 | 2026 Q3 | |
|---|---|---|---|---|
| Revenue | $22.7M | $19.0M | $20.7M | $24.0M |
| Net Income | $173,000 | -$50,000 | $879,000 | $1.4M |
| Diluted EPS | $0.02 | — | $0.08 | $0.12 |
R F Industries Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $15.8M | $13.1M | $4.5M | $4.9M | $839,000 | $5.1M |
| Current Assets | $30.9M | $40.6M | $46.2M | $36.0M | $29.1M | $35.0M |
| Total Assets | $40.8M | $49.6M | $89.6M | $82.3M | $71.0M | $73.0M |
| Current Liabilities | $6.7M | $9.4M | $19.5M | $12.5M | $18.1M | $20.9M |
| Total Long-Term Debt | $2.8M | — | $15.6M | $13.1M | — | — |
| Total Liabilities | $8.8M | $10.0M | $47.7M | $42.5M | $37.0M | $37.8M |
| Shareholders' Equity | $32.1M | $39.6M | $41.9M | $39.8M | $34.1M | $35.2M |
R F Industries Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $4.5M | -$3.1M | $2.9M | $4.2M | $3.2M | $4.6M |
| Cash From Investing | -$4.1M | -$227,000 | -$27.1M | -$2.5M | -$738,000 | -$223,000 |
| Cash From Financing | $2.8M | $605,000 | $15.7M | -$1.3M | -$6.5M | -$116,000 |
| Free Cash Flow | $4.3M | -$3.3M | $217,000 | $1.7M | $2.4M | $4.3M |
Figures from R F Industries' 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 R F Industries financials page for every line item.
R F Industries Company Profile
| Ticker | RFIL |
|---|---|
| Exchange | Nasdaq |
| Industry | Electronic Connectors |
| Headquarters | San Diego, California |
| Incorporated in | Nevada |
| Fiscal Year End | October 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0000740664 |
Frequently Asked Questions
What was R F Industries' revenue in fiscal 2025?
R F Industries (RFIL) reported revenue of $80.6M for fiscal 2025.
What is R F Industries' annual revenue history?
R F Industries' annual revenue by fiscal year: 2020: $43.0M; 2021: $57.4M; 2022: $85.3M; 2023: $72.2M; 2024: $64.9M; 2025: $80.6M.
What was R F Industries' net income in fiscal 2025?
R F Industries reported net income of $75,000 for fiscal 2025.
What was R F Industries' earnings per share (EPS) in fiscal 2025?
R F Industries' diluted EPS was $0.01 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did R F Industries generate in fiscal 2025?
R F Industries generated $4.3M of free cash flow in fiscal 2025.
What was R F Industries' revenue last quarter?
In its most recent reported quarter (2026 Q3), R F Industries reported revenue of $24.0M.
How many shares of R F Industries are outstanding?
R F Industries reported a weighted average of 10.9 million basic shares outstanding in 2026 Q3.
What is R F Industries' market cap?
Based on its latest closing price, R F Industries (RFIL) has a market capitalization of about $92.2M.
When does R F Industries' fiscal year end?
R F Industries' fiscal year end, as registered with the SEC, is October 31.
Where is R F Industries headquartered?
R F Industries lists its business address in San Diego, California in its SEC filings.