RELLNasdaqWholesale-Electronic Parts & Equipment, NECUS GAAP · USD

Richardson Electronics, Ltd

Richardson Electronics is a U.S.-based industrial technology company that designs, manufactures, and distributes engineered solutions, power grid and microwave tubes, RF and microwave components, green energy products, diagnostic imaging tubes, and customized display systems. Its business is organized around specialized product platforms and global distribution, with manufacturing and assembly carried out in the United States, Germany, and through contract partners worldwide.

Liikevaihto229milj. USD
+9,4 %v/v
Liikevoitto (EBIT)6,5milj. USD
+362,4 %v/v
EBIT-marginaali2,8%
+4,0 %-yks.v/v
Nettotulos6,4milj. USD
+658,4 %v/v

Tilikausi 2026 · muutos edellisvuodesta

Kehitys 2021–2026

−1000100200300milj. USD2021: 177 milj. USD2021: EBIT 2,9 milj. USD20212022: 225 milj. USD2022: EBIT 16 milj. USD20222023: 263 milj. USD2023: EBIT 25 milj. USD20232024: 196 milj. USD2024: EBIT 0,35 milj. USD20242025: 209 milj. USD2025: EBIT −2,5 milj. USD20252026: 229 milj. USD2026: EBIT 6,5 milj. USD20262296,5
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Power and Microwave Technologies55 %

Engineered tubes, RF/microwave products, and related technical services for power and industrial applications.

Green Energy Solutions10 %

Products and components used in alternative energy and power conversion applications.

Healthcare Replacement Parts15 %

Diagnostic imaging tubes, replacement parts, and related repair/refurbishment offerings.

Canvys Customized Display Solutions20 %

Custom display systems, touch solutions, enclosures, and application-specific computing platforms.

Asiakkaat

Richardson sells to industrial and technical customers that need specialized components, engineered subsystems, and long-life replacement parts rather than commodity electronics. End markets include alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor customers, with both OEM and service-channel demand. The company also serves hospitals, medical centers, independent service organizations, and multi-vendor service providers through its healthcare-related offerings, and enterprise/industrial customers through Canvys display solutions.

Industrial and technical OEMs

Buy RF, microwave, power conversion, and engineered components for integration into equipment and systems.

Healthcare service organizations

Buy diagnostic imaging tubes, replacement parts, and repair/refurbishment solutions to keep installed equipment operating.

Broadcast, aviation, and defense customers

Buy specialized tubes and components for high-reliability applications where performance and uptime matter.

Enterprise and medical display customers

Buy customized display solutions, touch systems, and application-specific computing platforms.

Alternative energy and power customers

Buy green energy and power grid products used in conversion, switching, and energy infrastructure applications.

Strategia

Richardson’s strategy is built around specialized engineering, design-in support, and global distribution for niche technical products where application knowledge matters as much as the hardware itself. The company also emphasizes manufacturing flexibility, aftermarket service, and partnerships with third-party manufacturers to broaden its product set and support long-life customer relationships.

Deepen engineered-solution offeringsKeskipitkä aikaväli

Higher technical content and design-in support strengthen customer stickiness and differentiation.

Maintain global supply and service capabilityLyhyt aikaväli

Regional inventory and manufacturing support faster delivery and better service for technical customers.

Broaden end-market exposureKeskipitkä aikaväli

Serving multiple industrial and healthcare markets reduces reliance on any single demand cycle.

Maantiede

Q1/2025

Richardson operates across North America, Asia/Pacific, Europe, and Latin America, with sales distributed globally and more than half of revenue generated outside the United States. Manufacturing is concentrated in LaFox, Illinois; Marlborough, Massachusetts; and Donaueschingen, Germany, with additional manufacturing partners and distribution nodes in Europe and Asia. This footprint supports local inventory, technical service, and faster delivery in markets where customers require short lead times and application support.

North America49 %
Europe27 %
Asia Pacific20 %
Latin America3,7 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

The business depends on complex global logistics, third-party transportation, and supplier execution, so disruptions can delay shipments and raise costs. It also faces tariff exposure on products sourced from China, customer concentration in certain segments, and inventory obsolescence risk because many products are specialized and tied to installed equipment bases.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Supply-chain and logistics disruption1Tariffs and trade restrictions2Inventory obsolescence3Customer and segment concentration4Control by a majority voting stockholder5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Supply-chain and logistics disruptionVaikutus: KorkeaTodennäköisyys: Korkea

    The company relies on centralized distribution, third-party carriers, and key vendors; interruptions can delay shipments and increase costs.

    Kohdistuu: Global distribution network

  2. Tariffs and trade restrictionsVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Products manufactured in China and imported into the U.S. may face duties, raising costs or reducing demand if prices rise.

    Kohdistuu: China-sourced products imported into the United States

  3. Inventory obsolescenceVaikutus: KeskitasoTodennäköisyys: Korkea

    Specialized parts and tubes can become slow-moving or obsolete if demand shifts or product cycles change.

    Kohdistuu: Engineered components and replacement parts

  4. Customer and segment concentrationVaikutus: KeskitasoTodennäköisyys: Matala

    A limited number of customers or end markets can materially affect segment performance if demand weakens.

    Kohdistuu: PMT and healthcare-related channels

  5. Control by a majority voting stockholderVaikutus: KeskitasoTodennäköisyys: Matala

    A controlling shareholder can influence board elections and major corporate actions.

    Kohdistuu: Corporate governance

Kirjanpito

Harkinnanvaraiset erät
Inventory valuation and obsolescence reserves

Specialized products and long-lived inventory require judgment about net realizable value and slow-moving stock.

Vaikutus: Can change gross margin and working capital

Allowance for credit losses

The company sells on open account in multiple regions and reviews aging balances monthly.

Vaikutus: Affects receivables and operating income

Income tax valuation allowance and deferred taxes

Deferred tax asset recoverability depends on future taxable income and cumulative loss evidence.

Vaikutus: Can materially affect tax expense and equity

Operating leases

Warehouse and office leases create right-of-use assets and lease liabilities that affect leverage presentation.

Vaikutus: Affects balance sheet and cash flow classification

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026

Richardson Electronics, Ltd (RELL) liikevaihto, tulos ja tunnusluvut 2026 – Clarifo