Rafael Holdings, Inc. (RFL) Financial Statements (2026 and earlier)

Company Profile

Business Address 520 BROAD STREET
NEWARK, NJ 07120
State of Incorp. DE
Fiscal Year End July 31
Industry (SIC) 2834 - Pharmaceutical Preparations (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

1/31/2026
MRQ
7/31/2025
7/31/2024
7/31/2023
7/31/2022
7/31/2021
7/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments52,76965,94079,50663,23512,8546,206
Cash and cash equivalent52,7692,67521,49826,53712,8546,206
Short-term investments  63,26558,00836,698  
Restricted cash and investments     5,000 
Receivables1,833941213157235267
Inventory, net of allowances, customer advances and progress billings281     
Inventory281     
Asset, held-for-sale, not part of disposal group    40,194  
Other undisclosed current assets1,8315,6213,2224,761(3,325)3,359
Total current assets:56,71472,50282,941108,34714,7649,832
Noncurrent Assets
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization1,5962,1201,6951,77043,23844,433
Long-term investments and receivables    86,64170,018
Due from related parties 7,500 
Long-term investments    79,14170,018
Intangible asset, including goodwill, after accumulated amortization20,9334,897    
Goodwill19,9393,050    
Intangible asset, excluding goodwill, after accumulated amortization9941,847    
Customer funds     657 
Deferred income tax assets      6
Other noncurrent assets343591,3871,5171,580
Other undisclosed noncurrent assets34,83217,27814,1846,8167,23810,478
Total noncurrent assets:57,39524,33015,8889,973139,291126,515
TOTAL ASSETS:114,10996,83298,829118,320154,055136,347
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities10,1974,3541,0962,4392,3872,112
Accounts payable6,8932,5563335641,160921
Accrued liabilities3,3041,7987631,8751,2271,191
Debt 1,700 15,00014,528 
Other liabilities 661131,0233,518252115
Due to related parties691363,500
Other undisclosed current liabilities1,3371,34726   
Total current liabilities:11,6007,5142,14521,02617,3035,727
Noncurrent Liabilities
Long-term debt and lease obligation78     
Long-term debt, excluding current maturities78     
Liabilities, other than long-term debt4,0607855884892
Accounts payable and accrued liabilities3,895     
Deferred income tax liabilities13873    
Other liabilities27555884892
Other undisclosed noncurrent liabilities  2,982    
Total noncurrent liabilities:4,1383,06055884892
Total liabilities:15,73810,5742,20021,11417,3515,819
Temporary equity, including noncontrolling interest  888  
Equity
Equity, attributable to parent, including:94,39182,185100,293100,515122,286116,800
Common stock    88 
Treasury stock, value (168)(168)    
Additional paid in capital322,161 264,010262,023159,136129,136
Accumulated other comprehensive income4,1453,8023,3723,7043,7723,762
Accumulated deficit(232,263) (167,333)(165,457)(40,799)(16,255)
Other additional capital   100   
Other undisclosed equity, attributable to parent51678,551144237169157
Equity, attributable to noncontrolling interest3,9804,073(3,664)(3,309)14,41813,728
Total equity:98,37186,25896,62997,206136,704130,528
Other undisclosed liabilities and equity  (8)(8)(8)  
TOTAL LIABILITIES AND EQUITY:114,10996,83298,829118,320154,055136,347

Income Statement (P&L) ($ in thousands)

1/31/2026
TTM
7/31/2025
7/31/2024
7/31/2023
7/31/2022
7/31/2021
7/31/2020
Revenues9176372794103,9714,910
Revenue from related parties1112,0992,082
Gain on disposition of assets for financial service operations 1781,772334   
Realized investment gains (losses)  (46)309   
Fee income 428  
Other income  118    
Cost of revenue (154) (3,499)(193) 
Cost of product and service sold (20,000)    
Provision for loan, lease, and other losses  (20) (4)(193) 
Other undisclosed gross profit      
Gross profit:917483279(3,089)3,7784,910
Operating expenses(29,942)(13,249)(15,322)(25,792)(26,783)(13,375)
Other undisclosed operating loss(134)(89,861) (31,596)(6,807) 
Operating loss:(29,159)(102,627)(15,043)(60,477)(29,812)(8,465)
Nonoperating income (expense)340    (5)
Loss, foreign currency transaction, before tax      (5)
Other nonoperating income310     
Interest and debt expense   (6)(64)(96)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(4,377)   4,745(2,377)
Loss from continuing operations before equity method investments, income taxes:(33,196)(102,627)(15,043)(60,483)(25,131)(10,943)
Income from equity method investments     383192
Other undisclosed income (loss) from continuing operations before income taxes 35,3666,298(79,489)(383)3,835
Loss from continuing operations before income taxes:(33,196)(67,261)(8,745)(139,972)(25,131)(6,916)
Income tax expense (benefit)2,5532,680255 (18)(29)
Other undisclosed loss from continuing operations   (203)(575)  
Loss from continuing operations:(30,643)(64,581)(8,693)(140,547)(25,149)(6,945)
Loss before gain (loss) on sale of properties:(142,377)(25,149)(6,945)
Income (loss) from discontinued operations   6,478(1,830)  
Other undisclosed net loss  (422)   (3,808)
Net loss:(30,643)(65,003)(2,215)(142,377)(25,149)(10,753)
Net income attributable to noncontrolling interest   33917,719 338
Other undisclosed net income (loss) attributable to parent12330,593 (15,889)383 
Net loss attributable to parent:(30,520)(34,410)(1,876)(140,547)(24,766)(10,415)
Other undisclosed net income available to common stockholders, basic    15,889  
Net loss available to common stockholders, diluted:(30,520)(34,410)(1,876)(124,658)(24,766)(10,415)

Comprehensive Income ($ in thousands)

1/31/2026
TTM
7/31/2025
7/31/2024
7/31/2023
7/31/2022
7/31/2021
7/31/2020
Net loss:(30,643)(65,003)(2,215)(142,377)(25,149)(10,753)
Other comprehensive income (loss)96(20) (5)(24,756) 
Other undisclosed comprehensive income (loss)247431(332)  (22)
Comprehensive loss:(30,300)(64,592)(2,547)(142,382)(49,905)(10,775)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest12830,59533617,719(24,544)(9)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent    (36)49,656 
Comprehensive loss, net of tax, attributable to parent:(30,172)(33,997)(2,211)(124,699)(24,793)(10,784)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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