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Ridgetech FY26 net loss widens to $1.25 million; revenue rises 10.2% to $132.16 million
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Ridgetech FY26 net loss widens to $1.25 million; revenue rises 10.2% to $132.16 million
  • Ridgetech posted fiscal 2026 revenue of USD 132.16 million, up 10.2% year over year.
  • Net results swung to a loss of USD 1.25 million, or USD 17.21 per share.
  • Gross profit rose 23.8% to USD 4.75 million, lifting gross margin 0.4 percentage points to 3.6%.
  • Online platform revenue climbed to USD 14.29 million from a full-year contribution from Allright following its February 2025 acquisition.
  • Management highlighted a completed shift to a wholesale-focused model, pairing an offline network with nationwide online distribution via proprietary and third-party platforms.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ridgetech Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607310830PR_NEWS_USPR_____CN16118) on July 31, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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