RF Industries Reports Fourth Quarter and Fiscal Year 2025 Financial Results

About this update from Rf Industries, Ltd.

SAN DIEGO, CA / ACCESS Newswire / January 14, 2026 / RF Industries, Ltd, (NASDAQ:RFIL), a national manufacturer and marketer of interconnect products and systems, today announced financial results for the fourth quarter and fiscal year ended October 31, 2025. Fourth Quarter Fiscal 2025 Highlights and Operating Results: Fiscal 2025 Highlights and Operating Results: See "Note Regarding Use of Non-GAAP Financial Measures," "Unaudited Reconciliation of GAAP to non-GAAP Net Income (Loss)," "Unaudited Reconciliation of Net Income (Loss) to Adjusted EBITDA" and the description of bookings and backlog below for additional information. Management Commentary "I am extremely pleased with our team's performance in the fourth quarter. Net sales were $22.7 million, an increase of 23% year-over-year. In the past several quarters, we have discussed how our strategic transformation continued to deliver operating leverage and it really showed up in Q4. Our quarterly results were diverse by customer, product, and market segment with solid contributions across our broad portfolio. That mix and the increase in sales produced gross margins of 37%, exceeding our 30% near-term target, and Adjusted EBITDA of $2.6 million was 11.5% of net sales, above our goal of 10%. We controlled our fixed costs while driving strong sales growth and that execution led to increased profitability," said Robert Dawson, Chief Executive Officer of RF Industries. "Our results accelerated throughout the year, and for the full 2025 fiscal year, net sales were $80.6 million, a 24% increase compared to fiscal year 2024. Gross margins for the year were 33% compared to 29% in the prior year, and we delivered adjusted EBITDA of $6.1 million, a huge increase compared to $838 thousand in Adjusted EBITDA in fiscal 2024. With these improved results, we reduced our net debt by $4.6 million compared to the same period last year." "Fiscal 2025 feels like a breakout year for RFI and we hope to continue that momentum into FY2026. While the general operating environment continues to have its share of uncertainties and increased costs, our team plans to continue to execute our long-term strategic plan to squarely position RFI from a product seller to a technology solutions provider. In fiscal 2026, we remain intensely focused on diversifying our end markets, dr...

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