Quarterly ResultJun 11, 2026, 08:26 AM
Rafael Holdings Q3 Net Loss $4.23M vs $4.78M YoY; Revenue $179K
AI Summary
Rafael Holdings, Inc. filed its quarterly report (10-Q) for the period ending April 30, 2026. The company reported a net loss of $4.23 million for the third quarter, a slight improvement from the $4.78 million loss in the same period last year. Total revenue decreased to $179,000 from $362,000 year-over-year. For the nine-month period, the net loss widened to $20.46 million from $18.43 million, while revenue increased to $630,000 from $567,000. Research and development expenses saw a significant increase. Cash and cash equivalents decreased substantially.
Key Highlights
- Rafael Holdings reported a net loss of $4.23 million for the three months ended April 30, 2026, compared to a net loss of $4.78 million in the prior year.
- For the nine months ended April 30, 2026, the net loss attributable to Rafael Holdings, Inc. was $20.46 million, compared to $18.43 million in the prior year.
- Total revenue for the three months ended April 30, 2026, was $179,000, a decrease from $362,000 in the same period last year.
- Total revenue for the nine months ended April 30, 2026, was $630,000, an increase from $567,000 in the same period last year.
- Research and development expenses increased to $4.85 million for the three months ended April 30, 2026, from $3.00 million in the prior year.
- Cash and cash equivalents decreased to $30.5 million as of April 30, 2026, from $52.8 million as of July 31, 2025.
Price Impact
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