RF Industries Ltd. reported financial results for the fourth quarter (Q4) and full year (FY) ended October 31, 2025. For Q4, net sales reached USD 22.7 million, marking a 23% increase. Gross profit margin was 37%, representing an improvement of approximately 6 percentage points. Operating income for the quarter was USD 0.9 million. Adjusted EBITDA for Q4 was USD 2.6 million, accounting for 11.5% of net sales. For the full year 2025, net sales were USD 80.6 million, up 24%. Gross margin for the year was 33%, increasing from the previous year. Adjusted EBITDA for FY 2025 was USD 6.1 million. The company reported a backlog of USD 15.5 million at the end of Q4, with current backlog standing at USD 12.4 million.
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