| Rafael Holdings, Inc. (RFL) |
| Q2-CY2026 | Q1-CY2026 | Q4-CY2025 | Q3-CY2025 | Q2-CY2025 | Q1-CY2025 | Q4-CY2024 | Q3-CY2024 | Q2-CY2024 | Q1-CY2024 | Q4-CY2023 | Q3-CY2023 | Q2-CY2023 | Q1-CY2023 | Q4-CY2022 | Q3-CY2022 | Q2-CY2022 | Q1-CY2022 | Q4-CY2021 | Q3-CY2021 | Q2-CY2021 | Q1-CY2021 | Q4-CY2020 | Q3-CY2020 | Q2-CY2020 | Q1-CY2020 | Q4-CY2019 | Q3-CY2019 | Q2-CY2019 | Q1-CY2019 | Q4-CY2018 | Q3-CY2018 | Q2-CY2018 | Q1-CY2018 | Q4-CY2017 | Q3-CY2017 | Q2-CY2017 | Q1-CY2017 | Q4-CY2016 | Q3-CY2016 | Q2-CY2016 | Q1-CY2016 | Q4-CY2015 | Q3-CY2015 | Q2-CY2015 | Q1-CY2015 | Q4-CY2014 | Q3-CY2014 | Q2-CY2014 |
| Balance Sheet Date | | | 2026-Jan-31 | 2025-Oct-31 | 2025-Jul-31 | 2025-Apr-30 | 2025-Jan-31 | 2024-Oct-31 | 2024-Jul-31 | 2024-Apr-30 | 2024-Jan-31 | | | | | | | | | | | 2021-Apr-30 | 2021-Jan-31 | 2020-Oct-31 | 2020-Jul-31 | 2020-Apr-30 | 2020-Jan-31 | 2019-Oct-31 | 2019-Jul-31 | 2019-Apr-30 | 2019-Jan-31 | 2018-Oct-31 | 2018-Jul-31 | 2018-Apr-30 | 2018-Jan-31 | | | | | | | | | | | | | | |
| Fiscal Period | | | Q2-FY2026 | Q1-FY2026 | Q4-FY2025 | Q3-FY2025 | Q2-FY2025 | Q1-FY2025 | Q4-FY2024 | Q3-FY2024 | Q2-FY2024 | | | | | | | | | | | Q3-FY2021 | Q2-FY2021 | Q1-FY2021 | Q4-FY2020 | Q3-FY2020 | Q2-FY2020 | Q1-FY2020 | Q4-FY2019 | Q3-FY2019 | Q2-FY2019 | Q1-FY2019 | Q4-FY2018 | Q3-FY2018 | Q2-FY2018 | | | | | | | | | | | | | | |
| Total Assets | | | 99,315,000$ | 105,375,000$ | 114,109,000$ | 108,096,000$ | 83,042,000$ | 87,835,000$ | 96,832,000$ | 101,623,000$ | 106,149,000$ | | 98,829,000$ | | | | | | | | | 146,208,000$ | 146,249,000$ | 134,618,000$ | 136,347,000$ | 137,431,000$ | 139,236,000$ | 140,400,000$ | 142,143,000$ | 143,453,000$ | 144,166,000$ | 116,629,000$ | 116,920,000$ | 115,084,000$ | 77,644,000$ | | 86,204,000$ | | | | | | | | | | | | |
| Total Current Assets | | | 42,447,000$ | 48,321,000$ | 56,714,000$ | 42,443,000$ | 65,833,000$ | 70,481,000$ | 72,502,000$ | 73,806,000$ | 75,073,000$ | | 82,941,000$ | | | | | | | | | 6,032,000$ | 6,686,000$ | 8,240,000$ | 9,832,000$ | 9,162,000$ | 10,291,000$ | 11,660,000$ | 13,261,000$ | 14,641,000$ | 15,713,000$ | 34,445,000$ | 44,512,000$ | 44,198,000$ | 12,425,000$ | | 12,167,000$ | | | | | | | | | | | | |
| Cash and Cash Equivalents | | | 37,779,000$ | 45,539,000$ | 52,769,000$ | 37,936,000$ | 48,319,000$ | 8,159,000$ | 2,675,000$ | 7,436,000$ | 7,136,000$ | | 21,498,000$ | | | | | | | | | 4,679,000$ | 6,086,000$ | 7,231,000$ | 6,206,000$ | 8,430,000$ | 9,522,000$ | 10,771,000$ | 12,024,000$ | 12,969,000$ | 14,769,000$ | 10,086,000$ | 15,803,000$ | 10,605,000$ | 12,008,000$ | 11,519,000$ | 11,756,000$ | 11,729,000$ | 11,861,000$ | | | | | | | | | | |
| Receivables | | | | | | | | | | | | | | | | | | | | | | 248,000$ | 124,000$ | 309,000$ | 267,000$ | 261,000$ | 325,000$ | 229,000$ | 450,000$ | 672,000$ | 356,000$ | 379,000$ | 287,000$ | 406,000$ | 226,000$ | | 264,000$ | | | | | | | | | | | | |
| Other Current Assets | | | | | | | | | | | | | | | | | | | | | | | | | | 1,484,000$ | | | 1,412,000$ | | | | | | | | | | | | | | | | | | | | |
| Assets Held for Sale in Short Term | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Total Noncurrent Assets | | | 56,868,000$ | 57,054,000$ | 57,395,000$ | 65,653,000$ | 17,209,000$ | 17,354,000$ | 24,330,000$ | 27,817,000$ | 31,076,000$ | | 15,888,000$ | | | | | | | | | 140,176,000$ | 139,563,000$ | 126,378,000$ | 126,515,000$ | 128,269,000$ | 128,945,000$ | 128,740,000$ | 128,882,000$ | 128,812,000$ | 128,453,000$ | 82,184,000$ | 72,408,000$ | 70,886,000$ | 65,219,000$ | | 74,037,000$ | | | | | | | | | | | | |
| Goodwill | | | 19,939,000$ | 19,939,000$ | 19,939,000$ | 28,278,000$ | | 3,050,000$ | 3,050,000$ | 3,571,000$ | 3,050,000$ | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Other Intangible Assets | | | 929,000$ | 962,000$ | 994,000$ | 1,027,000$ | 1,787,000$ | 1,818,000$ | 1,847,000$ | 1,851,000$ | 1,888,000$ | | | | | | | | | | | | | | | | | | | 407,000$ | 324,000$ | 324,000$ | 324,000$ | 180,000$ | 155,000$ | | | | | | | | | | | | | | |
| Physical Assets | | | 1,545,000$ | 1,562,000$ | 1,596,000$ | 1,614,000$ | 1,933,000$ | 2,078,000$ | 2,120,000$ | 2,156,000$ | 2,064,000$ | | 1,695,000$ | | | | | | | | | 43,591,000$ | 43,760,000$ | 44,141,000$ | 44,433,000$ | 47,811,000$ | 48,250,000$ | 48,588,000$ | 48,733,000$ | 49,181,000$ | 49,378,000$ | 49,740,000$ | 50,113,000$ | 50,554,000$ | 50,967,000$ | | 51,160,000$ | | | | | | | | | | | | |
| Other Noncurrent Assets | | | 28,000$ | 29,000$ | 34,000$ | 41,000$ | 20,000$ | 27,000$ | 35,000$ | 73,000$ | 42,000$ | | 9,000$ | | | | | | | | | 1,482,000$ | 1,534,000$ | 1,550,000$ | 1,580,000$ | | 1,450,000$ | 1,451,000$ | 1,412,000$ | 1,223,000$ | 1,225,000$ | 1,139,000$ | 1,126,000$ | 920,000$ | 787,000$ | | 540,000$ | | | | | | | | | | | | |
| Assets Held for Sale in Long Term | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Total Liabilities | | | 16,057,000$ | 16,195,000$ | 15,738,000$ | 23,578,000$ | 10,479,000$ | 10,451,000$ | 10,574,000$ | 11,064,000$ | 3,895,000$ | | 2,200,000$ | | | | | | | | | 4,951,000$ | 10,862,000$ | 5,302,000$ | 5,819,000$ | 1,604,000$ | 1,317,000$ | 1,438,000$ | 17,379,000$ | 16,589,000$ | 16,334,000$ | 1,503,000$ | 1,355,000$ | 134,000$ | 25,018,000$ | | 24,126,000$ | | | | | | | | | | | | |
| Total Current Liabilities | | | 12,357,000$ | 12,076,000$ | 11,600,000$ | 11,030,000$ | 7,110,000$ | 7,239,000$ | 7,514,000$ | 7,541,000$ | 3,263,000$ | | 2,145,000$ | | | | | | | | | 4,909,000$ | 10,829,000$ | 5,269,000$ | 5,727,000$ | 1,485,000$ | 1,196,000$ | 1,200,000$ | 1,427,000$ | 977,000$ | 1,205,000$ | 747,000$ | 891,000$ | 685,000$ | 532,000$ | | 363,000$ | | | | | | | | | | | | |
| Accounts Payable | | | 8,172,000$ | 6,794,000$ | 6,893,000$ | 7,793,000$ | 2,546,000$ | 2,700,000$ | 2,556,000$ | 2,571,000$ | 509,000$ | | 333,000$ | | | | | | | | | 753,000$ | 495,000$ | 1,155,000$ | 921,000$ | 700,000$ | 569,000$ | 621,000$ | 795,000$ | 755,000$ | 535,000$ | 298,000$ | 367,000$ | 362,000$ | 89,000$ | | 115,000$ | | | | | | | | | | | | |
| Short Term Debt | | | | | | | | | | 21,900,000$ | | | | 2,000,000$ | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Short Term Capital Lease Obligations | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Other Current Liabilities | | | 236,000$ | 208,000$ | 98,000$ | 433,000$ | 320,000$ | 303,000$ | 53,000$ | 148,000$ | | | 77,000$ | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Total Noncurrent Liabilities | | | 3,700,000$ | 4,119,000$ | 4,138,000$ | 12,548,000$ | 3,369,000$ | 3,212,000$ | 3,060,000$ | 3,523,000$ | 632,000$ | | 55,000$ | | | | | | | | | 42,000$ | 33,000$ | 33,000$ | 92,000$ | 119,000$ | 121,000$ | 238,000$ | 15,952,000$ | 15,612,000$ | 15,129,000$ | 756,000$ | 464,000$ | (551,000$) | 24,486,000$ | | 23,763,000$ | | | | | | | | | | | | |
| Long Term Debt | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Long Term Capital Lease Obligations | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Other Noncurrent Liabilities | | | 27,000$ | 27,000$ | 27,000$ | 25,000$ | | | 5,000$ | 13,000$ | 87,000$ | | 55,000$ | | | | | | | | | 33,000$ | 33,000$ | 33,000$ | 92,000$ | 92,000$ | 92,000$ | 210,000$ | 292,000$ | 210,000$ | 195,000$ | 174,000$ | 188,000$ | 70,000$ | 95,000$ | | 70,000$ | | | | | | | | | | | | |
| Total Equity | | | 83,258,000$ | 89,180,000$ | 98,371,000$ | 84,518,000$ | 72,563,000$ | 77,384,000$ | 86,258,000$ | 90,559,000$ | 102,254,000$ | 94,512,000$ | 96,629,000$ | 94,892,000$ | 96,535,000$ | 99,966,000$ | 97,206,000$ | | | | | 141,257,000$ | 135,387,000$ | 129,316,000$ | 130,528,000$ | 135,827,000$ | 137,919,000$ | 138,962,000$ | 124,764,000$ | 127,423,000$ | 128,391,000$ | 115,685,000$ | 116,124,000$ | 114,950,000$ | 52,626,000$ | | 62,078,000$ | | | | | | | | | | | | |
| Equity to Minority | | | 4,089,000$ | 3,999,000$ | 3,980,000$ | 3,940,000$ | 3,182,000$ | 3,868,000$ | 4,073,000$ | 4,459,000$ | (2,685,000$) | | (3,664,000$) | | | | | | | | | 14,486,000$ | 14,583,000$ | 13,743,000$ | 13,728,000$ | 13,770,000$ | 13,854,000$ | 13,811,000$ | 13,783,000$ | 8,862,000$ | 9,005,000$ | 8,684,000$ | 8,868,000$ | 9,509,000$ | 9,678,000$ | | 9,335,000$ | | | | | | | | | | | | |
| Equity to Common Shareholders | | | 79,169,000$ | 85,181,000$ | 94,391,000$ | 80,578,000$ | 69,381,000$ | 73,516,000$ | 82,185,000$ | 86,100,000$ | 104,939,000$ | 94,512,000$ | 100,293,000$ | 94,892,000$ | 96,535,000$ | 99,966,000$ | 97,206,000$ | | | | | 126,771,000$ | 120,804,000$ | 115,573,000$ | 116,800,000$ | 122,057,000$ | 124,065,000$ | 125,151,000$ | 110,981,000$ | 118,002,000$ | 118,827,000$ | 106,442,000$ | 106,697,000$ | 105,441,000$ | 42,948,000$ | | 52,743,000$ | | | | | | | | | | | | |
| Additional Paid-In Capital | | | | | | | | | | | | | | | | | | | | | | 151,258,000$ | 142,746,000$ | 129,393,000$ | 129,136,000$ | 128,998,000$ | 128,843,000$ | 128,642,000$ | 112,898,000$ | 117,383,000$ | 117,269,000$ | 103,784,000$ | 103,636,000$ | 103,509,000$ | | | | | | | | | | | | | | | |
| Retained Earnings | | | (248,496,000$) | (242,079,000$) | (232,263,000$) | (220,169,000$) | (215,390,000$) | (210,749,000$) | (201,743,000$) | (197,275,000$) | (164,924,000$) | | (167,333,000$) | | | | | | | | | (28,419,000$) | (25,866,000$) | (17,701,000$) | (16,255,000$) | (10,850,000$) | (8,691,000$) | (7,438,000$) | (5,840,000$) | (3,654,000$) | (2,649,000$) | (1,628,000$) | (1,108,000$) | (192,000$) | | | | | | | | | | | | | | | |
| Treasury Stock | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Capital Lease Obligations | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |