RF Industries reports record $23.96M Q3 sales
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- RF Industries reported record third-quarter fiscal 2026 net sales of $23.96 million.
- The company experienced a 267% increase in GAAP net income and improved gross margins by 160 basis points.
- The company established a current backlog of $19.8 million driven by $22.5 million in quarterly bookings.
RF Industries (NASDAQ:RFIL) reported record third-quarter fiscal 2026 net sales of $23.96 million, representing a 21% year-over-year increase.
The quarterly sales figure rose 16% sequentially from the $20.7 million recorded in the second quarter.
Gross margin improved 160 basis points year-over-year to 35.6%, and operating income increased to $1.8 million.
GAAP net income reached $1.44 million, a 267% increase compared to $392,000 in the third quarter of 2025.
Following the announcement, RF Industries share price was down at $9.76.
Non-GAAP net income was $2.2 million, or $0.19 per diluted share, compared with $1.1 million last year.
The company reported a quarter-end backlog of $18.6 million, while adjusted EBITDA rose to $2.7 million.
