RF Industries stock reports record quarterly revenue growth

Published on 10/06/2026 at 12:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RF Industries stock reported record Q3 fiscal 2026 sales of USD 23.96 million on September 14, up 21 percent year over year. The October 5 close was USD 8.42.

RFIL, US7495521053, Illustration mit AI erstellt.

RF Industries stock reported record fiscal third-quarter 2026 sales of USD 23.96 million, up 21 percent from the prior-year quarter, in results released on September 14, 2026. The shares closed at USD 8.42 on Nasdaq on October 5, 2026, up USD 0.02 or 0.24 percent for the session.

Revenue reaches a new quarterly record

According to Nasdaq on September 14, 2026, revenue also increased 16 percent from USD 20.7 million in fiscal Q2 2026. The company reported GAAP operating income of USD 1.8 million, compared with USD 720,000 in the prior-year quarter.

GAAP net income rose 267 percent to USD 1.44 million, or USD 0.12 per diluted share, from USD 392,000, or USD 0.04 per share, a year earlier. Gross margin expanded to 35.6 percent from 34 percent, while adjusted EBITDA increased to USD 2.7 million from USD 1.6 million.

Backlog adds a forward-looking test

RF Industries ended the quarter with an USD 18.6 million backlog after USD 22.5 million in third-quarter bookings. The backlog stood at USD 19.8 million as of September 14, 2026, giving the improved revenue trend a measurable order base.

The company serves telecommunications, data communications, industrial, aerospace, edge data center, artificial intelligence infrastructure and public safety markets. Nasdaq also identified carrier capital spending, tariffs, customer concentration and the timing of network buildouts as factors that could affect future results.

Analyst target remains above the share price

According to MarketBeat, the consensus rating is Moderate Buy from four analysts, with an average target of USD 14.50, a high target of USD 17.00 and a low target of USD 12.00. The USD 8.42 closing price was 41.9 percent below the average target.

A separate analyst action was reported by MarketScreener on September 15, 2026: B. Riley cut its target to USD 12.00 from USD 15.00 while keeping a Buy rating.

RFIL closes at USD 8.42

RF Industries closed at USD 8.42 on Nasdaq on October 5, 2026. The stock's 52-week range was USD 5.54 to USD 22.30, while its market capitalization stood at USD 91.3 million.