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RICHARDSON ELECTRONICS, LTD.

CIK: 355948 SIC: 5065
$212.59M
Revenue
$806.00K
Net Income
31.07%
Gross Margin
-0.48%
Op. Margin
$8.16M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 14 of 14 annual reports available (2012 - 2025)
Breakdown TTM
(Nov 29, 2025)
FY 2025
(May 31, 2025)
FY 2024
(May 31, 2024)
FY 2023
(May 31, 2023)
FY 2022
(May 31, 2022)
FY 2021
(May 31, 2021)
FY 2020
(May 31, 2020)
FY 2019
(May 31, 2019)
FY 2018
(May 31, 2018)
FY 2017
(May 31, 2017)
FY 2016
(May 31, 2016)
FY 2015
(May 31, 2015)
FY 2014
(May 31, 2014)
FY 2013
(May 31, 2013)
FY 2012
(May 31, 2012)
+ Total Revenue $212.59M $208.91M $196.46M $262.66M $224.62M $176.94M $155.90M $166.65M $163.21M $136.87M $142.02M $136.96M $137.96M $141.07M $157.84M
Revenue Growth % 1.8% 6.3% -25.2% 16.9% 26.9% 13.5% -6.5% 2.1% 19.2% -3.6% 3.7% -0.7% -2.2% -10.6% nan%
Cost of Revenue $146.53M $144.11M $136.49M $178.97M $152.92M $118.11M $106.22M $114.92M $108.13M $92.99M $97.18M $95.82M $96.95M $99.52M $111.06M
+ Gross Profit $66.05M $64.80M $59.97M $83.69M $71.70M $58.83M $49.67M $51.73M $55.08M $43.88M $44.84M $41.14M $41.01M $41.55M $46.78M
Gross Margin % 31.1% 31.0% 30.5% 31.9% 31.9% 33.2% 31.9% 31.0% 33.7% 32.1% 31.6% 30.0% 29.7% 29.5% 29.6%
Selling General & Admin $61.97M $62.17M $59.55M $58.71M $55.72M $55.92M $51.33M $52.16M $51.73M $49.85M $51.63M $49.23M $43.50M $41.54M $40.60M
+ Operating Income $-1.01M $-2.46M $348.00K $24.98M $15.96M $2.89M $-1.66M $-6.78M $3.63M $-5.76M $-6.55M $-8.09M $-4.15M $11.00K $6.25M
Operating Margin % -0.5% -1.2% 0.2% 9.5% 7.1% 1.6% -1.1% -4.1% 2.2% -4.2% -4.6% -5.9% -3.0% 0.0% 4.0%
Interest Expense - - - - - - - - - - - - - - $1.00K
Other Income/Expense $953.00K $44.00K $-39.00K $30.00K $-5.00K $104.00K $51.00K $9.00K $23.00K $24.00K $-17.00K $-92.00K $-20.00K $-85.00K $-10.00K
Income Before Tax $1.01M $-1.53M $157.00K $25.03M $15.76M $2.31M $-1.21M $-6.31M $3.86M $-6.12M $-6.22M $-6.99M $-652.00K $642.00K $7.66M
Income Tax Expense $204.00K $-388.00K $96.00K $2.70M $-2.17M $653.00K $624.00K $1.02M $1.53M $812.00K $546.00K $-1.47M $-307.00K $160.00K $-334.00K
+ Net Income $806.00K $-1.14M $61.00K $22.33M $17.93M $1.66M $-1.84M $-7.33M $3.82M $-6.93M $-6.77M $-5.56M $-515.00K $1.25M $8.53M
Net Margin % 0.4% -0.5% 0.0% 8.5% 8.0% 0.9% -1.2% -4.4% 2.3% -5.1% -4.8% -4.1% -0.4% 0.9% 5.4%
Diluted Shares Outstanding 12.5M 12.3M 12.5M 12.5M 11.8M 11.2M 11.0M 10.9M - 12.8M 13.0M 13.8M 14.2M 15.4M 17.1M
Breakdown FY 2025
(May 31, 2025)
FY 2024
(May 31, 2024)
FY 2023
(May 31, 2023)
FY 2022
(May 31, 2022)
FY 2021
(May 31, 2021)
FY 2020
(May 31, 2020)
FY 2019
(May 31, 2019)
FY 2018
(May 31, 2018)
FY 2017
(May 31, 2017)
FY 2016
(May 31, 2016)
FY 2015
(May 31, 2015)
FY 2014
(May 31, 2014)
FY 2013
(May 31, 2013)
FY 2012
(May 31, 2012)
Cash & Cash Equivalents $35.90M $24.26M $24.98M $35.49M $43.32M $30.54M $42.02M $60.47M $55.33M $60.45M $74.53M $102.75M $102.00M $43.89M
Short-term Investments - - - $5.00M - $16.00M $8.00M - $6.43M $2.27M $23.69M $31.73M $38.97M $105.01M
Accounts Receivable $24.12M $24.84M $30.07M $29.88M $25.10M $20.20M $24.30M $22.89M $20.78M $24.93M $20.75M $18.35M $18.27M $19.73M
Inventory $102.80M $110.15M $110.40M $80.39M $63.51M $57.49M $53.23M $50.72M $42.75M $45.42M $38.77M $33.87M $33.98M $34.67M
Other Current Assets $3.07M $2.40M $2.63M $2.45M $2.38M $2.44M $3.07M $3.75M $3.07M $1.76M $1.70M $1.09M $1.16M $806.00K
Total Current Assets $165.89M $161.65M $168.08M $153.21M $134.31M $126.67M $130.61M $137.82M $128.36M $135.93M $161.18M $192.24M $202.96M $213.29M
Property Plant & Equipment $18.36M $20.68M $20.82M $16.96M $17.07M $17.67M $19.11M $18.23M $15.81M $12.99M $10.08M $7.22M $5.07M $4.38M
Goodwill - - - - - - - $6.33M $6.33M $6.33M - - $1.52M $1.26M
Intangible Assets $345.00K $1.64M $1.89M $2.01M $2.27M $2.50M $2.76M $3.01M $3.44M $3.82M $743.00K $843.00K $908.00K $355.00K
Long-term Investments - - - - - - - - $2.42M $7.80M $11.55M $1.52M $5.46M $10.68M
Other Non-current Assets $228.00K $209.00K $267.00K - - - - - - - - - - -
Total Assets $195.84M $192.44M $198.05M $179.82M $156.75M $150.72M $153.02M $166.33M $157.46M $168.13M $184.99M $203.54M $217.32M $231.42M
Accounts Payable $21.34M $15.46M $23.54M $23.99M $16.98M $17.37M $16.94M $19.60M $15.93M $14.90M $15.77M $12.34M $14.26M $12.61M
Accrued Liabilities $14.28M $15.40M $12.03M $16.11M $14.18M $10.32M $11.27M $10.34M $8.31M $9.13M $10.14M $9.22M $9.57M $8.47M
Total Current Liabilities $36.79M $32.03M $36.59M $41.21M $32.23M $29.18M $28.22M $29.95M $24.24M $24.03M $25.91M $21.56M $24.07M $21.33M
Other Non-current Liabilities $1.20M $781.00K $612.00K $766.00K $1.37M $777.00K $832.00K $921.00K $735.00K $967.00K $1.22M $1.31M $1.29M $1.21M
Total Liabilities $39.18M $34.49M $38.73M $43.97M $35.19M $32.06M $29.26M $31.15M $25.14M $26.45M $28.34M $28.70M $32.08M $31.21M
Retained Earnings $79.34M $83.73M $87.04M $68.03M $53.30M $54.76M $59.70M $70.11M $69.33M $79.29M $89.14M $97.96M $101.82M $104.14M
Treasury Stock - - - - - - - - - - - $14.00K $105.00K $216.00K
Total Stockholders Equity $156.66M $157.95M $159.32M $135.85M $121.56M $118.66M $123.76M $135.18M $132.33M $141.68M $156.65M $174.84M $185.24M $200.21M
Total Liabilities & Equity $195.84M $192.44M $198.05M $179.82M $156.75M $150.72M $153.02M $166.33M $157.46M $168.13M $184.99M $203.54M $217.32M $231.42M
Breakdown TTM
(Nov 29, 2025)
FY 2025
(May 31, 2025)
FY 2024
(May 31, 2024)
FY 2023
(May 31, 2023)
FY 2022
(May 31, 2022)
FY 2021
(May 31, 2021)
FY 2020
(May 31, 2020)
FY 2019
(May 31, 2019)
FY 2018
(May 31, 2018)
FY 2017
(May 31, 2017)
FY 2016
(May 31, 2016)
FY 2015
(May 31, 2015)
FY 2014
(May 31, 2014)
FY 2013
(May 31, 2013)
FY 2012
(May 31, 2012)
Net Income $2.55M $-1.14M $61.00K $22.33M $17.93M $1.66M $-1.84M $-7.33M $3.82M $-6.93M $-6.77M $-5.56M $-515.00K $1.25M $8.53M
Depreciation & Amortization $6.88M $4.00M $4.31M $3.67M $3.42M $3.42M $3.39M $3.17M $2.99M $2.74M $2.38M $1.71M $1.09M $1.06M $1.11M
Stock-based Compensation $3.15M $1.54M $1.33M $936.00K $654.00K $675.00K $683.00K $697.00K $533.00K $437.00K $548.00K $726.00K $759.00K $619.00K $481.00K
Change in Receivables $5.70M $-130.00K $-5.30M $363.00K $6.18M $4.20M $-3.90M $2.03M $1.76M $-4.17M $3.52M $4.50M $-195.00K $-1.81M $-4.11M
Change in Inventory $1.86M $-206.00K $-66.00K $30.45M $20.57M $4.86M $5.45M $4.24M $8.25M $-2.41M $5.17M $7.52M $-1.52M $-3.10M $4.43M
Change in Payables $4.58M $5.53M $-8.12M $-439.00K $7.67M $-565.00K $631.00K $-2.42M $3.46M $1.04M $-899.00K $4.21M $-2.07M $1.48M $-4.71M
Operating Cash Flow $13.19M $10.55M $6.52M $-8.20M $1.91M $832.00K $1.92M $-2.56M $2.95M $1.81M $-13.58M $-9.78M $4.61M $8.62M $-48.72M
Capital Expenditure $5.02M $2.81M $4.04M $7.38M $3.12M $2.63M $1.78M $3.87M $5.24M $5.22M $4.81M $4.74M $2.78M $1.64M $218.00K
Acquisitions - - - - - - - - - - $12.21M - $973.00K $2.56M $2.29M
Investing Cash Flow $367.00K $4.02M $-4.04M $-2.18M $-8.12M $13.37M $-9.78M $-11.87M $4.15M $-3.79M $8.23M $-6.92M $7.60M $67.20M $-49.40M
Stock Issued $595.00K $320.00K $591.00K $3.78M $2.99M $289.00K $59.00K $259.00K $97.00K $30.00K $142.00K $324.00K $190.00K $198.00K $807.00K
Stock Repurchased - - - - - - - - - - $5.01M $3.94M $8.74M $15.02M $23.99M
Dividends Paid $4.28M $3.41M $3.38M $3.32M $3.19M $3.12M $3.10M $3.08M $3.05M $3.03M $3.08M $3.26M $3.34M $3.57M $3.31M
Financing Cash Flow $-4.19M $-3.25M $-2.90M $389.00K $-352.00K $-3.01M $-3.21M $-2.82M $-2.95M $-3.00M $-7.96M $-6.88M $-11.85M $-18.40M $-26.57M
Net Change in Cash $6.26M $11.64M $-718.00K $-10.51M $-7.82M $12.78M $-11.48M $-18.45M $5.14M $-5.13M $-14.08M $-28.22M $750.00K $58.11M $-127.08M
SEC Filing Format - Data shown as it appears in the Q2 2026 (10-Q) filing Period ended: Nov 29, 2025
Condensed Consolidated Statements of Operations
Description Nov 29, 2025 Nov 29, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $52.29M $49.49M $106.89M $103.22M
Cost of Revenue $36.21M $34.16M $73.89M $71.46M
Gross Profit $16.08M $15.33M $33.01M $31.75M
Selling General & Admin $15.94M $15.99M $31.90M $32.11M
Operating Income $132.00K $-667.00K $1.10M $-351.00K
Other Income/Expense $6.00K $4.00K $910.00K $1.00K
Income Before Tax $-196.00K $-1.05M $2.13M $-407.00K
Income Tax Expense $-75.00K $-304.00K $346.00K $-246.00K
Net Income $-121.00K $-751.00K $1.79M $-161.00K
Diluted Shares Outstanding $12.46M $12.31M $12.58M $12.26M
Condensed Consolidated Balance Sheets
Description Nov 29, 2025 May 31, 2025
Cash & Cash Equivalents $33.14M $35.90M
Accounts Receivable $27.39M $24.12M
Inventory $105.17M $102.80M
Other Current Assets $5.84M $3.07M
Total Current Assets $171.54M $165.89M
Property Plant & Equipment $19.11M $18.36M
Intangible Assets $314.00K $345.00K
Other Non-current Assets $360.00K $228.00K
Total Assets $201.77M $195.84M
Accounts Payable $23.57M $21.34M
Accrued Liabilities $16.82M $14.28M
Total Current Liabilities $41.44M $36.79M
Other Non-current Liabilities $1.07M $1.20M
Total Liabilities $43.29M $39.18M
Retained Earnings $79.41M $79.34M
Total Stockholders Equity $158.47M $156.66M
Total Liabilities & Equity $201.77M $195.84M
Condensed Consolidated Statements of Cash Flows
Description Nov 29, 2025 Nov 29, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $-121.00K $-751.00K $1.79M $-161.00K
Depreciation & Amortization $937.00K $1.01M $1.91M $2.06M
Stock-based Compensation $325.00K $313.00K $966.00K $906.00K
Change in Receivables $520.00K $-4.72M $3.17M $1.14M
Change in Inventory $915.00K $1.62M $1.49M $1.74M
Change in Payables $462.00K $500.00K $2.09M $4.66M
Operating Cash Flow $-99.00K $5.46M $1.27M $5.88M
Capital Expenditure $1.61M $517.00K $2.63M $1.44M
Investing Cash Flow $-1.61M $-517.00K $-2.63M $-1.44M
Stock Issued $153.00K $163.00K $214.00K $307.00K
Dividends Paid $859.00K $853.00K $1.72M $1.70M
Financing Cash Flow $-706.00K $-687.00K $-1.60M $-1.55M
Net Change in Cash $-2.52M $3.60M $-2.76M $2.37M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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