The massive EPS and revenue beat, combined with record backlog and broad-based growth across all segments, signals accelerating demand in semiconductor wafer fab equipment, RF/microwave, and display solutions. Traders should watch the upcoming conference call for FY2027 guidance and any commentary on backlog conversion timing, as the stock may gap up on this strong print.
Price Chart
Executive Summary
Richardson Electronics reported a massive Q4 2026 earnings beat with non-GAAP EPS of $0.21 (223% above the $0.07 consensus) on revenue of $66.2M (19.5% above the $55.4M consensus). Net sales grew 27.6% YoY, driven by strength across all three business units, and backlog hit a three-year high of $164.4M. The strong beat and accelerating growth trajectory are clearly bullish for the stock.
Key Financial Metrics
Key Facts
- Q4 2026 non-GAAP EPS of $0.21 beat consensus of $0.07 by 223.1%
- Q4 revenue of $66.2M beat consensus of $55.4M by 19.5% and grew 27.6% YoY
- Backlog reached $164.4M, highest in three years, up 8.7% QoQ
- All three business units (PMT, GES, Canvys) grew sales YoY, with Canvys posting a record quarter
- Full-year fiscal 2026 net sales grew 9.4% to $228.6M, second consecutive year of annual growth
- Board declared a $0.06 quarterly cash dividend
- No outstanding debt on revolving line of credit; cash of $31.8M
Financial Impact
Q4 non-GAAP EPS of $0.21 vs $0.07 consensus (+223%); revenue $66.2M vs $55.4M consensus (+19.5%); YoY revenue growth +27.6%
Risk Factors
- Gross margin slightly contracted YoY to 31.2% from 31.6% due to product mix
- Operating expenses increased $2.0M YoY due to higher salaries and incentives
- Broader economic uncertainty could impact future demand
- Cash declined $4.1M YoY to $31.8M, though still debt-free
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3331744 |
Filters
| Type | Now | ||||
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Aug 21, 2026 6w ago | DEFA14A | $17.21 $16.59 | ▼ −3.60% | ▼ −3.08% | $18.99 (+10.34%) |
Aug 6, 2026 8w ago | Insider Cluster | $20.74 $16.98 | ▲ +18.13% | ▲ +18.73% | $18.99 (+8.44%) |
Aug 6, 2026 8w ago | Insider Cluster | $20.74 $16.98 | ▲ +18.13% | ▲ +18.73% | $18.99 (+8.44%) |
Aug 5, 2026 8w ago | Insider Cluster | $20.98 $16.99 | ▲ +19.02% | ▲ +18.42% | $18.99 (+9.49%) |
Aug 3, 2026 8w ago | Insider Cluster | $19.65 $17.32 | ▲ +11.86% | ▲ +13.10% | $18.99 (+3.36%) |
Jul 31, 2026 9w ago | Insider Cluster | $18.29 $17.71 | ▲ +3.17% | ▲ +6.16% | $18.99 (−3.83%) |
Jul 30, 2026 9w ago | Insider Cluster | $18.13 $17.99 | ▲ +0.77% | ▲ +4.74% | $18.99 (−4.74%) |
Jul 30, 2026 9w ago | Insider Cluster | $18.13 $17.99 | ▼ −0.77% | ▼ −4.74% | $18.99 (+4.74%) |
Jul 22, 2026 10w ago | Press Release | $21.82 $17.51 | ▼ −19.75% | ▼ −23.06% | $18.99 (−12.97%) |
Jul 15, 2026 11w ago | Press Release | $16.70 $20.41 | ▲ +22.22% | ▲ +18.60% | $18.99 (+13.71%) |
US Market Status
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