Revenue
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Rafael Holdings, Inc. (RFL)
Price$2.56Cached quote
Net income
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2016
2017
2018
2019
2020
2021
2022
2024
2025
Total cash / debt
CashTotal debt
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $30,000 | $637,000 | $279,000 | $410,000 | $802,000 | $4.9M | $4.9M | $4.4M | $5.6M | $5.6M |
| Gross profit | — | $483,000 | $279,000 | −$3.1M | −$2.4M | — | — | — | — | — |
| Gross margin | — | 75.82% | 100.00% | −753.41% | −295.14% | — | — | — | — | — |
| Research & development | $12.8M | $4.2M | $6.3M | $8.7M | $4.9M | $2.4M | $1.0M | $995,000 | — | — |
| Operating expenses | — | $103.1M | $15.3M | $57.4M | $25.8M | — | — | — | — | — |
| Operating income | −$29.2M | −$102.6M | −$15.0M | −$60.5M | −$28.2M | −$8.5M | −$6.7M | −$3.8M | $221,000 | $1.2M |
| Operating margin | −97,196.67% | −16,110.99% | −5,391.76% | −14,750.49% | −3,516.08% | −172.40% | −135.79% | −87.87% | 3.93% | 21.33% |
| EBITDA | −$28.9M | −$102.4M | −$15.0M | −$60.4M | −$28.1M | −$6.6M | −$4.9M | −$2.1M | $1.9M | $2.8M |
| EBITDA margin | −96,236.67% | −16,075.67% | −5,363.80% | −14,732.93% | −3,507.36% | −134.40% | −99.72% | −49.03% | 33.64% | 50.72% |
| Net income | −$30.5M | −$34.4M | −$1.9M | −$124.7M | −$23.1M | −$10.8M | −$4.7M | −$11.6M | $138,000 | $710,000 |
| Net profit margin | −101,733.33% | −5,401.88% | −672.40% | −30,404.39% | −2,875.44% | −219.00% | −95.17% | −266.51% | 2.46% | 12.70% |
| Basic EPSper basic share | -$1.04 | -$1.45 | -$0.08 | -$6.31 | -$1.49 | -$0.66 | -$0.35 | -$0.93 | $0.01 | $0.06 |
| Diluted EPSper diluted share | -$1.04 | -$1.45 | -$0.08 | -$6.31 | -$1.49 | -$0.66 | -$0.35 | -$0.93 | $0.01 | $0.06 |
Owners
Reported shareholders
≈27.73%of listed shares
JONAS HOWARD S14.2M shares · Jun 13, 2026
View holders
| Holder | % owned |
|---|---|
JONAS HOWARD S | ≈27.73%14.2M shares |
VANGUARD CAPITAL MANAGEMENT LLC | ≈2.67%1.37M shares |
CONKLING WILLIAM | ≈1.10%564.46K shares |
GEODE CAPITAL MANAGEMENT, LLC | ≈0.84%429.88K shares |
BlackRock, Inc. | ≈0.76%390.07K shares |
FINE N SCOTT | ≈0.65%335.35K shares |
Polinsky David | ≈0.58%299.11K shares |
DIMENSIONAL FUND ADVISORS LP | ≈0.54%278.91K shares |
Sieger Markus | ≈0.43%219.71K shares |
VANGUARD FIDUCIARY TRUST CO | ≈0.40%206.52K shares |
IEQ CAPITAL, LLC | ≈0.32%164.96K shares |
STATE STREET CORP | ≈0.31%157.27K shares |
KAHN BROTHERS GROUP INC | ≈0.29%150.49K shares |
WEISS MICHAEL J | ≈0.28%141.86K shares |
JANE STREET GROUP, LLC | ≈0.22%112.72K shares |
WELLS FARGO & COMPANY/MN | ≈0.20%103.59K shares |
GREENBERG STEPHEN M | ≈0.20%102.49K shares |
NORTHERN TRUST CORP | ≈0.17%88.6K shares |
SUSQUEHANNA INTERNATIONAL GROUP, LLP | ≈0.14%70.67K shares |
RENAISSANCE TECHNOLOGIES LLC | ≈0.12%59.82K shares |
Percentages use 51.21M shares of this listed class outstanding on Jun 9, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
Source: SEC Form 4 ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Jun 5, 2025Form 4 | JONAS HOWARD SExec Chairman, CEO & President | BuyClass B Common Stock, $.01 par value per share · indirect | 12.30M | $1.28 | $15.74M | 12.30M |
| Jun 5, 2025Form 4 | JONAS HOWARD SExec Chairman, CEO & President | BuyClass B Common Stock, $.01 par value per share · indirect | 324.2K | $1.28 | $415.0K | 324.2K |
| Jun 5, 2025Form 4 | JONAS HOWARD SExec Chairman, CEO & President | BuyClass B Common Stock, $.01 par value per share · indirect | 457.0K | $1.28 | $585.0K | 457.0K |