RELL on Nasdaq

Richardson Electronics

American manufacturer of electronic components based in Geneva, founded in 19471

In its 2026 annual report the company says: “Richardson Electronics, Ltd. is a global manufacturer of engineered solutions, green energy products, power grid and microwave tubes, and related consumables; power conversion and RF and microwave components including green energy solutions; tubes for diagnostic imaging equipment; and customized display solutions. We have manufacturing at our facilities located in LaFox, Illinois, Marlborough, Massachusetts, and Donaueschingen, Germany.”6 Its shares trade on Nasdaq under the symbol RELL.1

Price unavailable

Last updated Oct 21, 2026.

Overview

$228.6MRevenue, fiscal 20263
$6.4MNet income, fiscal 20263
1947Founded1

Compare with Ituran, EACO CORP or Rada Electronic Industries Ltd, or pick any stock.

  • TickerRELL on Nasdaq1
  • Industryelectronic component1
  • HeadquartersLa Fox1
  • Websitewww.rell.com
  • Legal formpublic company1
  • Incorporated inDE4
  • Business address40W267 Keslinger Rd, Po Box 393, Lafox, Il 601474
  • Filer categoryAccelerated filer, Smaller reporting company4

Richardson Electronics, Ltd. (the "Company," "we," "our") is a global manufacturer of engineered solutions, green energy products, power grid and microwave tubes, and related consumables; power conversion and RF and microwave components including green energy solutions; tubes for diagnostic imaging equipment; and customized display solutions. We have manufacturing at our facilities located in LaFox, Illinois, Marlborough, Massachusetts, and Donaueschingen, Germany.6 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

31.2%Gross margin3
2.8%Operating margin3
2.8%Net margin3
9.4%Revenue growth, 20263
3.9%Return on equity3

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Power And Microwave Technologies Group brought in 70% of the revenue Richardson Electronics broke down this way in fiscal 2026.

  1. Power And Microwave Technologies Group$160.5M370%up 9% from 2025
  2. Canvys$37.3M316%up 12% from 2025
  3. Global Energy Solutions$30.8M313%up 7% from 2025
Business segments by year
Business segments202420252026
Power And Microwave Technologies Group$140.8M$147.0M$160.5M
Canvys$32.4M$33.1M$37.3M
Global Energy Solutions$23.2M$28.7M$30.8M

Regions

North America brought in 43% of the revenue Richardson Electronics broke down this way in fiscal 2026.

  1. North America$98.2M343%up 8% from 2025
  2. Europe$65.7M329%up 1% from 2025
  3. Asia Pacific$58.0M325%up 34% from 2025
  4. Latin America$6.7M33%down 19% from 2025
Regions by year
Regions202420252026
North America$77.3M$91.1M$98.2M
Europe$61.5M$64.9M$65.7M
Asia Pacific$45.3M$43.2M$58.0M
Latin America$10.9M$8.4M$6.7M

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue68¢$157.2M
  • Selling, general and admin29¢$65.7M
  • Income tax0¢$1.1M
  • Profit3¢$6.4M

Out of $228.6M in revenue.3

Where each dollar of operating cash went, fiscal 2026

  • Dividends paid100¢$3.4M

Out of $762.0K of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.3

Financial statements

Revenue78910113$228.6M in 2026+37% since 2019
0$100.0M$200.0M$300.0M2019: $166.7M$166.7M20192020: $155.9M$155.9M2020−6%2021: $176.9M$176.9M2021+13%2022: $224.6M$224.6M2022+27%2023: $262.7M$262.7M2023+17%2024: $196.5M$196.5M2024−25%2025: $208.9M$208.9M2025+6%2026: $228.6M$228.6M2026+9%
Gross profit78910113$71.3M in 2026+38% since 2019
0$25.0M$50.0M$75.0M$100.0M2019: $51.7M$51.7M20192020: $49.7M$49.7M2020−4%2021: $58.8M$58.8M2021+18%2022: $71.7M$71.7M2022+22%2023: $83.7M$83.7M2023+17%2024: $60.0M$60.0M2024−28%2025: $64.8M$64.8M2025+8%2026: $71.3M$71.3M2026+10%
Operating income78910113$6.5M in 2026
-$10.0M0$10.0M$20.0M$30.0M2019: -$6.8M-$6.8M20192020: -$1.7M-$1.7M2020−76%2021: $2.9M$2.9M20212022: $16.0M$16.0M2022+453%2023: $25.0M$25.0M2023+57%2024: $348.0K$348.0K2024−99%2025: -$2.5M-$2.5M20252026: $6.5M$6.5M2026
Net income78910113$6.4M in 2026
-$10.0M0$10.0M$20.0M$30.0M2019: -$7.3M-$7.3M20192020: -$1.8M-$1.8M2020−75%2021: $1.7M$1.7M20212022: $17.9M$17.9M2022+983%2023: $22.3M$22.3M2023+25%2024: $61.0K$61.0K2024−100%2025: -$1.1M-$1.1M20252026: $6.4M$6.4M2026

Every line of the income statement as filed: the last 3 fiscal years, latest first.3

Period ending2026-05-312025-05-312024-05-31
Net sales$228.6M$208.9M$196.5M
Cost of sales$157.2M$144.1M$136.5M
Gross profit$71.3M$64.8M$60.0M
Selling, general and administrative expenses$65.7M$62.2M$59.5M
Loss on disposal of property, plant and equipment$13.0K$16.0K$70.0K
(Gain) loss on disposal of healthcare assets and related charges-$847.0K$5.1M$0
Operating income (loss)$6.5M-$2.5M$348.0K
Interest income-$544.0K-$392.0K-$284.0K
Foreign exchange$452.0K-$496.0K$436.0K
Other, net-$922.0K-$44.0K$39.0K
Total other (income) expense-$1.0M-$932.0K$191.0K
Income (loss) before income taxes$7.5M-$1.5M$157.0K
Income tax provision (benefit)$1.1M-$388.0K$96.0K
Net income (loss)$6.4M-$1.1M$61.0K
Foreign currency translation gain, net of tax$1.6M$1.4M$149.0K
Comprehensive income$8.0M$247.0K$210.0K
Common stock - Diluted12.7M shares12.3M shares12.5M shares

Compare Richardson Electronics with another company

Corporate structure

Richardson Electronics sits at the top of its group. 18 entities, 16 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Richardson Electronics

  • Richardson Electronics La Fox
    • Aviv-Richardson Ltd. Subsidiary · Israel
    • Richardson Electronics (Thailand) Limited Subsidiary · Thailand
    • Richardson Electronics Benelux B.V. Subsidiary · Netherlands
    • Richardson Electronics Canada, Ltd. Subsidiary · Canada
    • Richardson Electronics do Brasil Ltda. Subsidiary · Brazil
    • Richardson Electronics Global Holdings BV Subsidiary · Netherlands
    • Richardson Electronics Hong Kong Limited Subsidiary · Hong Kong
    • Richardson Electronics Iberica S.A. Subsidiary · Spain
    • Richardson Electronics India Private Limited Subsidiary · India
    • Richardson Electronics Japan K.K. Subsidiary · Japan
    • Richardson Electronics Netherlands, B.V. Subsidiary · Netherlands
    • Richardson Electronics Nordic AB Subsidiary · Sweden
    • Richardson Electronics S.A. de C.V. Subsidiary · Mexico
    • Richardson Electronics S.r.l. Subsidiary · Italy
    • Richardson Electronics Trading (China) Co., Ltd. Subsidiary · China
    • Richardson Electronique SAS Subsidiary · France
    • Richardson Powerlink MEA Subsidiary · United Kingdom

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Richardson Electronics reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Buildings and improvements$28.6M3 May 30, 2026$28.5M3 May 31, 2025+0.4%
Machinery and equipment$15.4M3 May 30, 2026$14.7M3 May 31, 2025+4.2%
Construction in progress$2.0M3 May 30, 2026$2.8M3 May 31, 2025−30.0%
Property and equipment, before depreciation$59.5M3 May 30, 2026$56.5M3 May 31, 2025+5.4%
Accumulated depreciation$40.5M3 May 30, 2026$38.1M3 May 31, 2025+6.3%
Property and equipment, net$19.0M3 May 30, 2026$18.4M3 May 31, 2025+3.5%
Operating-lease assets (leased space)$1.4M3 May 30, 2026$2.3M3 May 31, 2025−39.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$31.8M3 May 30, 2026$35.9M3 May 31, 2025−11.5%

Intangibles and goodwill

ItemLatestA year beforeChange
Finite-lived intangibles, gross$1.1M3 May 30, 2026$1.1M3 May 31, 20250%
Accumulated amortization$776.0K3 May 30, 2026$716.0K3 May 31, 2025+8.4%
Finite-lived intangibles, net$285.0K3 May 30, 2026$345.0K3 May 31, 2025−17.4%

Inventory

ItemLatestA year beforeChange
Inventory, total$103.0M3 May 30, 2026$102.8M3 May 31, 2025+0.2%
Raw materials$11.8M3 May 30, 2026$11.5M3 May 31, 2025+2.6%
Work in process$4.7M3 May 30, 2026$4.9M3 May 31, 2025−4.1%
Finished goods$86.5M3 May 30, 2026$86.4M3 May 31, 2025+0.1%

Properties, in its own words

The Company owns one facility and leases 24 facilities. We own our corporate facility and largest distribution center, which is located on approximately 100 acres in LaFox, Illinois and consists of approximately 224,000 square feet of manufacturing, warehouse and office space. We maintain geographically diverse facilities because we believe this provides value to our customers and suppliers, and limits market risk and exchange rate exposure. We believe our properties are well maintained and adequate for our present needs. The extent of utilization varies from property to property and from time to time during the year.

Our facility locations, their primary use and segments served are as follows:

The rest of Item 2

Location · Leased/Owned · Use · Segment

LaFox, IL* · Owned · Corporate/Sales/Distribution/Manufacturing · PMT/Canvys/GES

Woodland Hills, CA · Leased · Sales · PMT

Marlborough, MA · Leased · Sales/Distribution/Manufacturing · Canvys

Sweetwater, TX · Leased · Research and Development · PMT

Sao Paulo, Brazil · Leased · Sales/Distribution · PMT

Beijing, China · Leased · Sales · PMT

Nanjing, China · Leased · Sales · PMT

Shanghai, China · Leased · Sales/Distribution · PMT

Shenzhen, China · Leased · Sales · PMT

Paris, France · Leased · Sales · PMT

Donaueschingen, Germany · Leased · Sales/Distribution/Manufacturing · Canvys

Puchheim, Germany · Leased · Sales · PMT

Mumbai, India · Leased · Sales · PMT

Florence, Italy · Leased · Sales · PMT

Milan, Italy · Leased · Sales · PMT

Tokyo, Japan · Leased · Sales · PMT

Mexico City, Mexico · Leased · Sales · PMT

Amsterdam, Netherlands · Leased · Sales/Distribution/Manufacturing · PMT

Singapore, Singapore · Leased · Sales/Distribution · PMT

Seoul, South Korea · Leased · Sales · PMT

Taipei, Taiwan · Leased · Sales · PMT/Canvys

Bangkok, Thailand · Leased · Sales/Distribution · PMT

Dubai, United Arab Emirates · Leased · Sales/Testing · PMT

Hook, United Kingdom · Leased · Sales/Distribution/Testing/Repair · PMT

Lincoln, United Kingdom · Leased · Sales · PMT/Canvys

* LaFox, Illinois is also the location of our corporate headquarters.

Item 2 of the 10-K filed Aug 3, 2026.6

Leadership

Who has led Richardson Electronics, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (31)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Aviv-Richardson Ltd. Israel5
  • Richardson Electronics (Thailand) Limited Thailand5
  • Richardson Electronics Benelux B.V. Netherlands5
  • Richardson Electronics Canada, Ltd. Canada5
  • Richardson Electronics Global Holdings BV Netherlands5
  • Richardson Electronics GmbH Germany5
  • Richardson Electronics Hong Kong Limited Hong Kong5
  • Richardson Electronics Iberica S.A. Spain5
  • Richardson Electronics India Private Limited India5
  • Richardson Electronics Japan K.K. Japan5
  • Richardson Electronics Limited United Kingdom5
  • Richardson Electronics Netherlands, B.V. Netherlands5
  • Richardson Electronics Nordic AB Sweden5
  • Richardson Electronics Pte. Ltd. Singapore5
  • Richardson Electronics Pty Limited Australia5
  • Richardson Electronics S.A. de C.V. Mexico5
  • Richardson Electronics S.r.l. Italy5
  • Richardson Electronics Trading (China) Co., Ltd. China5
  • Richardson Electronics do Brasil Ltda. Brazil5
  • Richardson Electronique SAS France5
  • Richardson Powerlink MEA United Kingdom5

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • RICHARDSON ELECTRONICS LTD/DEJul 26, 1994 to Feb 14, 20224

Timeline

  1. Oct 8, 20268-K Results of operations55
  2. Oct 7, 20268-K Completed an acquisition or sale56
  3. Jul 22, 20268-K Results of operations57
  4. Apr 8, 20268-K Results of operations58
  5. Jan 7, 20268-K Results of operations59
  6. Oct 8, 20258-K Results of operations60
  7. Jul 23, 20258-K Results of operations61
  8. Apr 9, 20258-K Results of operations62
  9. Jan 30, 20258-K Entered a material agreement; Regulation FD disclosure63
  10. Jan 7, 20258-K Results of operations64
  11. Oct 9, 20248-K Results of operations65
  12. Jul 24, 20248-K Results of operations66
  13. Dec 9, 2008New chief executive Edward J. Richardson becomes CEO17
  14. 1983Went public Listed on NASDAQ1
  15. 1947Founded Founded1

Calendar

Coming up

  1. Around Dec 25, 2026Next results, estimated About a quarter after its last report. The company hasn't announced the date.
  2. Nov 6, 2026Dividend Ex-dividend; $0.06 a share; paid 2026-11-25.67

When it reported results

  1. Oct 8, 2026Reported quarterly or annual results55
  2. Jul 22, 2026Reported quarterly or annual results57
  3. Apr 8, 2026Reported quarterly or annual results58
  4. Jan 7, 2026Reported quarterly or annual results59
  5. Oct 8, 2025Reported quarterly or annual results60
  6. Jul 23, 2025Reported quarterly or annual results61
  7. Apr 9, 2025Reported quarterly or annual results62
  8. Jan 7, 2025Reported quarterly or annual results64

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

294 filings to the SEC since October 2021: 5 annual reports, 16 quarterly reports, 28 major events, 162 insider forms, 30 large holders, 53 other. The latest 20:

  1. Oct 13, 2026144 EDGAR
  2. Oct 13, 2026144 EDGAR
  3. Oct 8, 20268-K/A EDGAR
  4. Oct 8, 202610-Q EDGAR
  5. Oct 7, 20268-K EDGAR
  6. Aug 24, 20264 EDGAR
  7. Aug 21, 20264 EDGAR
  8. Aug 21, 2026ARS EDGAR
  9. Aug 21, 2026DEFA14A EDGAR
  10. Aug 21, 2026DEF 14A EDGAR
  11. Aug 20, 2026144 EDGAR
  12. Aug 19, 2026144 EDGAR
  13. Aug 13, 2026144 EDGAR
  14. Aug 7, 2026144 EDGAR
  15. Aug 6, 20264 EDGAR
  16. Aug 6, 20264 EDGAR
  17. Aug 6, 20264 EDGAR
  18. Aug 5, 20264 EDGAR
  19. Aug 5, 20264 EDGAR
  20. Aug 5, 2026144 EDGAR

The 294 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

68 open-market trades by officers, directors and large owners since October 2021: 12 buys and 56 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 20, 2026Halverson KennethDirectorSale1,500$17.47$26.2KForm 4
Aug 19, 2026Benham JamesDirectorSale3,020$17.99$54.3KForm 4
Aug 4, 2026Belin JacquesDirectorSale5,000$21.46$107.3KForm 4
Aug 4, 2026Ben Robert JCFO, CAO, Corporate SecretarySale9,000$21.61$194.5KForm 4
Aug 4, 2026Diddell WendyCOOSale23,901$20.00$478.0KForm 4
Aug 3, 2026Halverson KennethDirectorSale5,000$18.77$93.8KForm 4
Aug 3, 2026Benham JamesDirectorSale9,836$18.50$182.0KForm 4
Jul 30, 2026KLUGE ROBERT HDirectorSale29,000$17.90$519.1KForm 4
Jul 29, 2026Benham JamesDirectorSale164$19.06$3.1KForm 4
Jul 28, 2026PLANTE PAUL JDirectorSale17,000$18.81$319.8KForm 4
Jul 28, 2026Ruppert Jens FrankEVP CanvysSale37,500$19.01$712.9KForm 4
Jul 28, 2026Ben Robert JCFO, CAO, Corporate SecretarySale7,500$20.00$150.0KForm 4
May 20, 2026MCNALLY KATHLEENEVP Global Supply ChainSale6,636$16.85$111.8KForm 4
May 5, 2026Halverson KennethDirectorSale10,000$14.69$146.9KForm 4
Feb 19, 2026Ben Robert JCFO, CAO, Corporate SecretarySale4,000$12.99$52.0KForm 4
Feb 12, 2026Halverson KennethDirectorSale10,000$13.09$130.9KForm 4
Feb 4, 2026Ben Robert JCFO, CAO, Corporate SecretarySale5,000$11.90$59.5KForm 4
Jan 27, 2026Ruppert Jens FrankEVP CanvysSale17,000$12.09$205.5KForm 4
Oct 16, 2025Halverson KennethDirectorSale4,200$11.33$47.6KForm 4
Oct 14, 2025Ben Robert JCFO, CAO, Corporate SecretarySale9,500$11.45$108.8KForm 4

All 68 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2026Edward J. Richardson84$993.5K$1.7M80
2026Wendy S. Diddell61$558.6K$1.1M80
2026Gregory J. Peloquin62$434.5K$722.5K80
2026Robert J. Ben61$366.9K$657.6K80
2026Jens Ruppert53$352.3K$592.3K80
2025Chairman of the Board,$958.1K$1.6M80
2025Executive Vice$528.7K$1.2M80
2025Chief Financial Officer,$353.8K$656.5K80
2024President and$919.5K$1.5M80
2024President Power$402.8K$499.4K80
2024Chief Accounting$339.6K$490.9K80
2023Chief Executive$880.4K$1.7M80
2023Chief Operating$468.8K$1.1M80
2023Officer and Corporate$325.6K$688.0K80
2023and Microwave$386.6K$628.6K80
2023General Manager,$280.6K$499.1K80
2022Officer$844.6K$1.4M80
2022Technologies Group$368.7K$668.6K80
2022Canvys$292.6K$549.7K80
2022Secretary$311.6K$520.4K80

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Royce & Associates LP1,422,938$27.1M0.2%No change
DDD Partners, LLC1,110,602$21.1M1.3%−22,490
BlackRock, Inc.992,836$18.9M0.0%+115,024
Dimensional Fund Advisors LP707,791$13.5M0.0%−7,712
First Wilshire Securities Management Inc642,356$12.2M2.5%−29,642
Vanguard Capital Management LLC534,026$10.2M0.0%+26,076
Geode Capital Management, LLC315,224$6.0M0.0%+19,621
Renaissance Technologies LLC313,177$6.0M0.0%−30,300
First Eagle Investment Management, LLC290,000$5.5M0.0%New
State Street Corp254,481$4.8M0.0%+17,208
Morgan Stanley209,402$4.0M0.0%+27,837
Citadel Advisors LLC201,662$3.8M0.0%+1,510
AIGH Capital Management LLC200,434$3.8M0.3%New
Goldman Sachs Group Inc113,889$2.2M0.0%+46,887
Trexquant Investment LP111,336$2.1M0.0%+37,176
Bank of New York Mellon Corp104,950$2.0M0.0%+12,524
Annis Gardner Whiting Capital Advisors, LLC100,015$1.9M0.3%+15
Mork Capital Management, LLC100,000$1.9M1.2%No change
Northern Trust Corp99,449$1.9M0.0%+7,281
Parthenon LLC98,316$1.9M0.2%−36,000
Panagora Asset Management Inc96,040$1.8M0.0%+85,111
Aldebaran Capital, LLC93,969$1.8M1.3%No change
Vanguard Portfolio Management LLC83,337$1.6M0.0%+13,715
Vanguard Fiduciary Trust Co82,217$1.6M0.0%+4,458
Bridgeway Capital Management, LLC68,674$1.3M0.0%+1,467

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Richardson Electronics is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARRICHARDSON ELECTRONICS, LTD.2
  • CIK0000355948
  • Employer ID (EIN)36-20966436
  • Filer statusAccelerated filer not an emerging growth company; a smaller reporting company; not a shell company6
  • Incorporated inDelaware6
  • Fiscal year endsMay 292
  • Industry code (SIC)5065 Wholesale-Electronic Parts & Equipment, NEC2
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance2
  • Business address40W267 Keslinger Rd, Po Box 393, Lafox, IL 601472
  • Mailing address40W267 Keslinger Road, P.O. Box 393, Lafox, IL 601472
  • Phone630 208-22002
  • Shares outstanding12,656,822 Common Class A shares; 2,035,671 Common Class B shares as of Jul 27, 20266
  • Public float$126.2M as of Nov 29, 20256
  • AuditorBDO USA, P.C., Chicago, IL, USA PCAOB ID 243; it also attests to the company’s internal control over financial reporting6
  • On EDGAR sinceJan 14, 19942
  • Filings1,379 in all: 4 (537), 8-K (178), SC 13G/A (165), 10-Q (99), SC 13G (69), 10-K (33), DEF 14A (33), 144 (32)2
    All 57 form types

    3 (28), S-8 (20), 4/A (15), 10-Q/A (14), DEFA14A (14), SD (13), S-1/A (12), UPLOAD (12), 424B3 (9), CORRESP (9), 10-K/A (7), ARS (7), EFFECT (6), SCHEDULE 13G/A (5), POS AM (4), 5/A (3), 8-K/A (3), NT 10-Q (3), S-1 (3), S-4/A (3), SC 13D/A (3), SC TO-I/A (3), SCHEDULE 13G (3), 424B4 (2), 425 (2), NT 10-K (2), PRE 14A (2), REGDEX (2), S-2/A (2), SC 13E4/A (2), T-3/A (2), 10-C (1), 3/A (1), 424A (1), 5 (1), DEFM14A (1), DEFR14A (1), NTN 10Q (1), PREM14A (1), PRER14A (1), RW (1), S-2 (1), S-2MEF (1), S-4 (1), SC 13D (1), SC 13E3/A (1), SC 13E4 (1), SC TO-I (1), T-3 (1)

  • Latest filingsAnnual report (10-K) Aug 3, 2026
    Quarterly report (10-Q) Oct 8, 2026
    Proxy statement (DEF 14A) Aug 21, 2026
    Latest 8-K (8-K) Oct 7, 2026

Securities registered for trading

ClassSymbolExchange
Common stock, $0.05 Par ValueRELLNASDAQ Global Select Market

From the cover page of the 10-K filed Aug 3, 2026 (Section 12(b) of the Exchange Act).6

Risk factors and legal proceedings

The risks Richardson Electronics names in Item 1A of its 10-K filed Aug 3, 2026: 29 risks under these headings, as written.6

  • Business and Operational Risks
  • We may not achieve our plan for sales growth and margin targets.
  • We have historically incurred significant charges for inventory obsolescence and may incur similar charges in the future.
  • We face competitive pressures that could have a material adverse effect on our business.
  • Our PMT business is subject to customer concentration risk.
  • We are dependent on a limited number of vendors to supply us with essential products.
  • Disruptions to our supply chain could adversely impact our business.
  • We rely heavily on information technology systems that, if not properly functioning, could materially adversely affect our business.
  • Our products may be found to be defective, or our services performed may result in equipment or product damage and, as a result, warranty and/or product liability claims may be asserted against us.
  • Substantial defaults by our customers on our accounts receivable or the loss of significant customers could have a significant negative impact on our business.
  • Failure to successfully implement our growth initiatives, or failure to realize the benefits expected from these initiatives if implemented, may create ongoing operating losses or otherwise adversely affect our business, operating results and financial condition.
  • There are various risks that may prevent the Company from realizing the anticipated benefits of the IMES Sale.
The other 18 risks
  • We may not be successful in identifying, consummating and integrating future acquisitions, if any.
  • Economic weakness and uncertainty and other challenges could adversely affect our revenues and gross margins.
  • Prolonged periods of inflation could increase costs, have an adverse effect on general economic conditions and impact consumer spending, which could impact our profitability and have a material adverse effect on our business and results of operations.
  • Our business and results of operations are subject to a broad range of uncertainties arising out of world and domestic events.
  • Major disruptions to our logistics capability or to the operations of our key vendors or customers could have a material adverse impact on our operations.
  • Artificial intelligence technologies could present business, compliance and reputational risks.
  • Risks Related to International Operations
  • International operations represent a significant percentage of our business and present a variety of risks that could impact our results.
  • Certain of our products are subject to tariffs.
  • Financial Risks
  • Incurring indebtedness and restrictive covenants under our credit facility could limit our operational and financial flexibility.
  • Legal and Regulatory Risks
  • We may be subject to claims relating to intellectual property rights which are costly to defend, could require payment of damages or licensing fees, and/or could limit our ability to use certain technologies in the future.
  • We may incur substantial operational costs or be required to change our business practices to comply with data privacy and data protection laws and regulations around the world.
  • Our international sales and operations are subject to applicable laws relating to trade, export controls and foreign corrupt practices, the violation of which could adversely affect our operations.
  • Significant Tariffs and Other Trade Measures Could Adversely Affect Our Business, Results of Operations, Financial Position and Cash Flows.
  • Ownership Risks
  • A single stockholder controls a majority of the Company's voting stock.
  • General Risk Factors
  • Failure to attract and retain key skilled personnel could hurt our operations.
  • If we fail to maintain an effective system of internal controls or discover material weaknesses in our internal controls over financial reporting, we may not be able to detect fraud or report our financial results accurately or timely.
  • If we are deemed to be an investment company, we will be required to meet burdensome compliance requirements and restrictions on our activities.
  • Our stock price may be volatile.

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57
  58. 58
  59. 59
  60. 60
  61. 61
  62. 62
  63. 63
  64. 64
  65. 65
  66. 66
  67. 67
  68. 68
  69. 69
  70. 70
  71. 71
  72. 72
  73. 73
  74. 74
  75. 75
  76. 76
  77. 77
  78. 78
  79. 79
  80. 80