Rafael Holdings, Inc. (RFL)
Q2-CY2026Q1-CY2026Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014
Balance Sheet Date2026-Jan-312025-Oct-312025-Jul-312025-Apr-302025-Jan-312024-Oct-312024-Jul-312024-Apr-302024-Jan-312021-Apr-302021-Jan-312020-Oct-312020-Jul-312020-Apr-302020-Jan-312019-Oct-312019-Jul-312019-Apr-302019-Jan-312018-Oct-312018-Jul-312018-Apr-302018-Jan-31
Fiscal PeriodQ2-FY2026Q1-FY2026Q4-FY2025Q3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018
Total Revenue211,000$240,000$350,000$362,000$77,000$128,000$165,000$336,000$68,000$68,000$68,000$71,000$70,000$990,000$959,000$1,053,000$1,240,000$1,224,000$1,236,000$1,210,000$1,402,000$1,377,000$1,017,000$1,135,000$1,215,000$1,093,000$956,000$1,106,000$1,600,000$1,282,000$1,337,000$
QoQ%(12.08%)(31.43%)(3.32%)370.13%(39.84%)(22.42%)(50.89%)394.12%.00%.00%(4.23%)1.43%3.23%(8.93%)(15.08%)1.31%(.97%)2.15%(13.70%)1.82%35.40%(10.40%)(6.58%)11.16%14.33%(13.56%)(30.88%)24.81%(4.11%)
YoY%174.03%87.50%112.12%7.74%13.24%88.24%142.65%373.24%(2.86%)(19.12%)(22.41%)(12.98%)(11.56%)(11.11%)21.53%6.61%15.39%25.98%6.38%2.62%(24.06%)(14.74%)(28.50%)
Cost Of Revenue55,000$20,000$0$(19,980,000$)38,000$37,000$69,000$85,000$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$
Gross Profit156,000$220,000$350,000$20,342,000$39,000$91,000$96,000$251,000$68,000$68,000$68,000$71,000$70,000$990,000$959,000$1,053,000$1,240,000$1,224,000$1,236,000$1,210,000$1,402,000$1,377,000$1,017,000$1,135,000$1,215,000$1,093,000$956,000$1,106,000$1,600,000$1,282,000$1,337,000$
Gross Margin73.93%91.67%100.00%5,619.34%50.65%71.09%58.18%74.70%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Operating Expenses6,811,000$10,361,000$13,113,000$26,255,000$6,678,000$3,935,000$3,941,000$93,412,000$3,211,000$2,546,000$2,679,000$3,102,000$4,329,000$4,469,000$11,776,000$3,544,000$4,292,000$3,189,000$3,142,000$2,752,000$4,154,000$2,795,000$2,423,000$2,255,000$2,456,000$1,824,000$1,772,000$2,161,000$1,500,000$1,446,000$1,210,000$
Operating Income(6,655,000$)(10,141,000$)(12,763,000$)(5,913,000$)(6,639,000$)(3,844,000$)(3,845,000$)(93,161,000$)(3,143,000$)(2,478,000$)(2,611,000$)(3,031,000$)(4,259,000$)(3,479,000$)(10,817,000$)(2,491,000$)(3,052,000$)(1,965,000$)(1,906,000$)(1,542,000$)(2,752,000$)(1,418,000$)(1,406,000$)(1,120,000$)(1,241,000$)(731,000$)(816,000$)(1,055,000$)100,000$(164,000$)127,000$
Operating Margin(3,154.03%)(4,225.42%)(3,646.57%)(1,633.43%)(8,622.08%)(3,003.13%)(2,330.30%)(27,726.49%)(4,622.06%)(3,644.12%)(3,839.71%)(4,269.01%)(6,084.29%)(351.41%)(1,127.95%)(236.56%)(246.13%)(160.54%)(154.21%)(127.44%)(196.29%)(102.98%)(138.25%)(98.68%)(102.14%)(66.88%)(85.36%)(95.39%)6.25%(12.79%)9.50%
Interest Income
Interest Expenses160,000$168,000$165,000$163,000$162,000$163,000$85,000$1,000$1,000$1,000$0$0$64,000$178,000$221,000$0$0$59,000$0$0$0$0$0$0$
Income Before Tax(6,279,000$)(9,787,000$)(12,228,000$)(6,462,000$)(5,307,000$)(9,199,000$)(4,941,000$)(64,892,000$)6,110,000$(3,538,000$)1,463,000$(1,759,000$)(3,247,000$)(2,742,000$)(8,329,000$)(1,522,000$)(1,664,000$)(2,288,000$)(1,316,000$)(1,648,000$)(2,409,000$)(1,154,000$)(684,000$)(696,000$)(1,370,000$)(664,000$)(707,000$)(900,000$)(89,000$)(27,000$)180,000$
Tax Expenses48,000$10,000$(174,000$)(2,411,000$)20,000$12,000$(87,000$)(2,599,000$)6,000$4,000$(269,000$)5,000$4,000$4,000$5,000$5,000$8,000$12,000$4,000$2,000$(7,000$)17,000$(31,000$)(1,000$)(5,000$)15,000$8,428,000$(2,000$)38,000$14,000$
Net Income(6,327,000$)(9,797,000$)(12,054,000$)(4,051,000$)(5,327,000$)(9,211,000$)(4,854,000$)(62,293,000$)5,904,000$(3,760,000$)1,191,000$(1,490,000$)(3,409,000$)(2,650,000$)(8,237,000$)(1,431,000$)(5,530,000$)(2,243,000$)(1,328,000$)(1,652,000$)(2,411,000$)(1,147,000$)(701,000$)(665,000$)(1,366,000$)(659,000$)(722,000$)(9,328,000$)(91,000$)(65,000$)166,000$
Profit Margin(2,998.58%)(4,082.08%)(3,444.00%)(1,119.06%)(6,918.18%)(7,196.09%)(2,941.82%)(18,539.58%)8,682.35%(5,529.41%)1,751.47%(2,098.59%)(4,870.00%)(267.68%)(858.92%)(135.90%)(445.97%)(183.25%)(107.44%)(136.53%)(171.97%)(83.30%)(68.93%)(58.59%)(112.43%)(60.29%)(75.52%)(843.40%)(5.69%)(5.07%)12.42%
TTM(2,771.20%)(3,034.89%)(3,341.66%)(3,202.60%)(11,570.11%)(10,108.18%)(10,204.55%)(10,918.15%)670.91%(2,696.03%)(420.75%)(389.66%)(221.59%)(219.00%)(150.51%)(125.13%)(118.08%)(99.86%)(81.77%)(76.03%)(77.56%)(276.32%)(227.13%)(206.43%)(174.99%)
Earnings to Minority90,000$19,000$40,000$728,000$(686,000$)(205,000$)(386,000$)(29,942,000$)(143,000$)(122,000$)(28,000$)(53,000$)(159,000$)(97,000$)(72,000$)15,000$(125,000$)(84,000$)(75,000$)(54,000$)(225,000$)(142,000$)320,000$(184,000$)(123,000$)(128,000$)(176,000$)
Earnings to Common Shareholders(6,417,000$)(9,816,000$)(290,000$)(4,779,000$)(4,641,000$)(9,006,000$)(4,468,000$)(32,351,000$)6,047,000$(3,638,000$)1,219,000$(1,437,000$)(3,250,000$)(2,553,000$)(8,165,000$)(1,446,000$)(5,405,000$)(2,159,000$)(1,253,000$)(1,598,000$)(2,186,000$)(1,005,000$)(1,021,000$)(481,000$)(635,000$)(531,000$)(546,000$)(9,328,000$)(91,000$)(65,000$)166,000$
QoQ%34.63%(3,284.83%)93.93%(2.97%)48.47%(101.57%)86.19%(634.99%)266.22%(398.44%)184.83%55.79%68.73%(464.66%)73.25%(150.35%)(72.31%)21.59%26.90%(117.51%)1.57%(112.27%)24.25%(19.59%)2.75%94.15%(10,150.55%)(40.00%)(139.16%)
YoY%(38.27%)(8.99%)93.51%85.23%(176.75%)(147.55%)(466.53%)(2,151.29%)286.06%(18.25%)(551.64%)9.51%(147.26%)(114.83%)(22.72%)(232.23%)(244.25%)(89.27%)(87.00%)94.84%(597.80%)(716.92%)(428.92%)
Earnings Per Share, Basic(0.13$)(0.19$)(0.01$)(0.19$)(0.19$)(0.37$)(0.19$)(1.36$)0.26$(0.15$)(0.06$)(0.14$)(0.15$)(0.50$)(0.09$)(0.34$)(0.14$)(0.08$)(0.10$)(0.17$)(0.07$)(0.08$)(0.04$)0.02$(0.04$)(0.04$)(0.74$)(0.01$)
Earnings Per Share, Diluted(0.13$)(0.19$)(0.01$)(0.19$)(0.19$)(0.37$)(0.19$)(1.36$)0.25$(0.15$)(0.06$)(0.14$)(0.15$)(0.50$)(0.09$)(0.34$)(0.14$)(0.08$)(0.10$)(0.17$)(0.07$)(0.08$)(0.04$)0.02$(0.04$)(0.04$)(0.74$)(0.01$)
Unlevered FCF Per Share, Basic(0.15$)(0.13$)(0.23$)(0.13$)(0.10$)(0.13$)(0.12$)(0.02$)(0.09$)(0.06$)(0.19$)(0.18$)(0.18$)(0.11$)(0.07$)(0.07$)(0.08$)(0.05$)(0.14$)(0.02$)(0.06$)0.02$(0.08$)(0.02$)(0.04$)
Unlevered FCF Per Share, Diluted(0.15$)(0.13$)(0.23$)(0.13$)(0.10$)(0.13$)(0.13$)(0.02$)(0.09$)(0.06$)(0.19$)(0.18$)(0.18$)(0.11$)(0.07$)(0.07$)(0.08$)(0.05$)(0.14$)(0.02$)(0.06$)0.02$(0.08$)(0.02$)(0.04$)
Average Shares, Basic51,226,09551,184,40744,237,31125,238,50124,150,21824,062,85423,917,50323,777,49323,642,42123,644,64723,372,13623,155,01816,668,62416,172,42115,822,72215,814,55415,813,67915,790,40015,640,68313,120,32413,924,69113,489,58312,566,358-37,576,05612,542,00012,541,99812,541,99812,542,000
Average Shares, Diluted51,226,09551,184,40744,237,31125,238,50124,150,21824,062,85423,157,85523,777,49324,402,06923,644,64723,372,13623,155,01816,668,62416,172,42115,822,72215,814,55415,813,67915,790,40015,640,68313,120,32413,924,69113,489,58312,566,358-37,576,05612,542,00012,541,99812,541,99812,542,000
EBIT(6,279,000$)(9,627,000$)(12,060,000$)(6,297,000$)(5,144,000$)(9,037,000$)(4,778,000$)(64,807,000$)6,110,000$(3,538,000$)1,463,000$(1,759,000$)(3,247,000$)(2,741,000$)(8,328,000$)(1,522,000$)(1,663,000$)(2,288,000$)(1,316,000$)(1,584,000$)(2,231,000$)(933,000$)(684,000$)(696,000$)(1,311,000$)(664,000$)(707,000$)(900,000$)(89,000$)(27,000$)180,000$
EBITDA(6,224,000$)(9,577,000$)(12,010,000$)(6,235,000$)(5,054,000$)(8,951,000$)(4,710,000$)(64,705,000$)6,148,000$(3,521,000$)1,481,000$(1,740,000$)(3,228,000$)(2,540,000$)(7,887,000$)(1,085,000$)(1,210,000$)(1,814,000$)(843,000$)(1,118,000$)(1,748,000$)(497,000$)(253,000$)(267,000$)(889,000$)(242,000$)(279,000$)(475,000$)324,000$384,000$614,000$