RF Industries Reports Strong Second Quarter Fiscal Year 2026 Financial Results

RF Industries, Ltd. announced its financial results for the second quarter of fiscal year 2026, ended April 30, 2026. The company reported a 9% increase in net sales, reaching $20.7 million, up from $18.9 million in the prior year period. Backlog stood at $20 million with $26.3 million in bookings during the quarter. Gross profit margin improved to 35.1% from 31.5% year-over-year. Operating income saw a significant increase to $1.1 million from $106,000 in the same period last year. Consolidated net income was $879,000, or $0.08 per diluted share, a substantial improvement from a net loss of $245,000, or $(0.02) per diluted share, in the second quarter of fiscal 2025. Non-GAAP net income was $1.6 million, or $0.14 per diluted share, compared to $701,000, or $0.07 per diluted share, in the prior year quarter. Adjusted EBITDA rose to $2 million from $1.1 million year-over-year. Management attributed the strong performance to solid demand, disciplined execution, and an improved product mix, highlighting strategic diversification into high-value applications and dynamic sectors.