RF Industries Q1 sales slip 1% to $19.0 million; net loss narrows to $50,000
RF Industries reported first quarter fiscal 2026 results for the period ended January 31, 2026, with net sales of $19.0 million, down 1% from $19.2 million a year earlier. Profitability improved, as gross margin rose to 32.3% and the consolidated net loss narrowed to $50,000 from $245,000, but the filing contains no guidance and the company said revenue growth is expected to accelerate in the back half of the year.
Key points
- Net sales were $19.0 million, down 1% year over year and down 16% from $22.7 million in the fourth quarter of fiscal 2025, which the company attributed to normal seasonality.
- Gross profit margin was 32.3%, up 250 basis points from 29.8% a year earlier; operating income was $177,000 versus $56,000.
- Consolidated net loss was $50,000, or $0.00 per diluted share, compared with a net loss of $245,000, or $0.02 per diluted share, a year earlier.
- Backlog was $14.4 million at quarter-end on bookings of $17.9 million, and the company said backlog stood at $18.6 million as of March 16, 2026.
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 16, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.