RR (RR) financial statements
RR reported revenue of $5M in fiscal 2025, down 5.9% a year over 3 years.
Net income was -$49M and the operating margin -340.9%, against -6.2% in 2022.
Free cash flow was -$14M.
The diluted share count rose 205% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from RR's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $6M | $9M | $4M | $5M |
| Cost of revenue | $2M | $3M | $2M | $3M |
| Gross profit | $4M | $6M | $3M | $2M |
| Research and development | $2M | $2M | $3M | $3M |
| Selling, general and admin | $3M | $4M | $8M | $16M |
| Operating income | -$376,000 | $289,000 | -$8M | -$17M |
| Interest expense | — | — | $762,000 | $83,000 |
| Pre-tax income | -$394,000 | -$445,000 | -$942,000 | -$49M |
| Income tax | $113,000 | -$106,000 | $426,000 | -$96,000 |
| Net income | -$507,000 | -$339,000 | -$1M | -$49M |
| EPS (diluted) | -$0.01 | -$0.01 | -$0.02 | -$0.40 |
| Diluted shares | 40M | 62M | 70M | 122M |
| Gross margin | 65.3% | 68.7% | 63.7% | 35.9% |
| Operating margin | -6.2% | 3.3% | -183.5% | -340.9% |
| Net margin | -8.4% | -3.9% | -32.3% | -972.7% |
Balance sheet
Fiscal years, from RR's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Cash and short-term investments | $327,000 | $433,000 | $31M | $252M |
| Receivables | $2M | $6M | $1M | $2M |
| Inventory | $1M | $822,000 | $1M | $1M |
| Total current assets | $4M | $7M | $33M | $255M |
| Property, plant and equipment | $41,000 | $28,000 | $842,000 | $6M |
| Total assets | $4M | $8M | $43M | $274M |
| Total current liabilities | $741,000 | $3M | $7M | $22M |
| Long-term debt | — | — | — | $118,000 |
| Total liabilities | $1M | $3M | $8M | $22M |
| Shareholders' equity | $3M | $5M | $34M | $251M |
| Net debt | -$327,000 | -$433,000 | -$15M | -$185M |
Cash flow
Fiscal years, from RR's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating cash flow | -$3M | -$3M | -$5M | -$9M |
| Capital spending | — | — | $844,000 | $5M |
| Free cash flow | — | — | -$6M | -$14M |
| Stock-based compensation | — | — | — | $4M |
| Net borrowing | -$26,000 | $200,000 | — | — |
| Free cash flow margin | — | — | -136.4% | -278.6% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for RR.
Open RR in InvestinglyQuestions
What was RR's revenue in 2025?
$5M in fiscal 2025, from its 10-K filing.
How much free cash flow does RR generate?
-$14M in fiscal 2025 (operating cash flow minus capital spending).
From RR's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.