Headquartered in San Diego, California, RF Industries, Ltd., established in 1979 and formerly known as Celltronics, Inc. until 1990, is a global enterprise that develops, produces, and markets interconnect products and systems across the United States, Canada, Mexico, and other international markets. The company's operations are divided into two primary segments. The RF Connector and Cable Assembly division focuses on designing, fabricating, and distributing coaxial connectors and integrated coaxial cable assemblies. Meanwhile, the Custom Cabling Manufacturing and Assembly segment specializes in engineering, manufacturing, marketing, and distributing custom copper and fiber optic cable assemblies, sophisticated hybrid fiber optic and power solution cables, energy-efficient cooling systems for wireless base stations and remote shelters, and bespoke pole-ready 5G small cell integrated enclosures. This segment further extends its offerings to include custom and standard cable assemblies, hybrid fiber optic power solutions, adapters, and electromechanical wiring harnesses for applications in communications, computing, local area networks, automotive, and medical fields. They also supply specialized cable assemblies and wiring harnesses to industrial, oilfield, instrumentation, and military clientele, alongside providing connectivity solutions to telecommunications and data communications distributors. RF Industries distributes its products through warehousing partners and an in-house sales team, serving a broad customer base that encompasses telecommunications carriers, equipment manufacturers, wireless and network infrastructure providers, and original equipment manufacturers.
RF Industries Reports Third Quarter Fiscal Year 2026 Financial Results
RF Industries posted record fiscal Q3 2026 net sales of $23.96 million, up 21% year-over-year and 16% sequentially, with revenue scaling above the $20 million quarterly run rate.
Profitability surged: GAAP net income jumped 267% to $1.44 million ($0.12 per diluted share), non-GAAP net income reached $2.2 million ($0.19 per share), Adjusted EBITDA rose 69% to $2.7 million, and gross margin improved 160 basis points to 35.6%.
Bookings of $22.5 million left quarter-end backlog at $18.6 million, which has since grown to $19.8 million as of the release date.
CEO Robert Dawson attributed the margin expansion to a mix shift toward higher-value custom cabling and integrated systems, diversifying into aerospace, edge data centers, and AI infrastructure while reducing reliance on cyclical wireless carrier capex.