10-Q quarterly report · filed Apr 9, 2026

RICHARDSON ELECTRONICS, LTD. (RELL) Q1 2026 10-Q Quarterly Report

Short answer

RICHARDSON ELECTRONICS, LTD. (RELL) filed its Q1 2026 10-Q quarterly report on Apr 9, 2026 for the quarter ended Feb 28, 2026. Quarterly revenue was $55M (up 3.1% year over year) with net income of $893,000.

Q1 2026 key financials · XBRL

Revenue
$55M
+3.1% YoY · +6.1% QoQ
Net income
$893,000
+143.4% YoY · +838.0% QoQ
Operating margin
2.7%
Gross margin
31.9%

Source: XBRL data from the RICHARDSON ELECTRONICS, LTD. (RELL) Q1 2026 10-Q on SEC EDGAR. USD.

RICHARDSON ELECTRONICS, LTD. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Q3 revenue $55.5M, up 3.1% YoY from $53.8M
  • Gross margin 31.9% vs 31.0% YoY; operating income $1.5M vs $2.7M operating loss
  • Best segment PMT: sales $38.7M, up 9.7%; gross margin 32.1% vs 29.9%
  • Worst segment Canvys: sales $8.0M, down 13.5%; gross margin 32.2% vs 33.2%
  • Cash $29.5M vs $35.9M at May 31, 2025; liquidity sufficient for next twelve months, tariff risks remain

Risk Factors

  • No material changes to risk factors from the May 31, 2025 Form 10-K
  • Carried-forward risks remain the filing’s applicable risk disclosures
  • Second credit-agreement amendment dated October 7, 2025, indicating updated financing arrangements
  • No new regulatory, legal, compliance, operational, competitive, market, or liquidity risks identified in this section

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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