Richardson Electronics FY26 net income turns to USD 6.38 million; net sales rise 9.4% to USD 228.56 million

Richardson Electronics posted net income of USD 6.38 million, swinging from a net loss in fiscal 2025; diluted EPS was USD 0.44.

Net sales rose 9.4% to USD 228.56 million; operating income was USD 6.46 million, returning from an operating loss.

Gross margin edged up 0.2 percentage points to 31.2%; selling, general and administrative expenses increased 5.7% to USD 65.72 million.

Cash and cash equivalents ended the year at USD 31.78 million; operating cash flow was USD 762,000.

PMT net sales climbed 9.1% to USD 160.49 million; Canvys increased 12.4% to USD 37.26 million.