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Raspberry PI HoldingsAnnouncement

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RNS Number : 1028H  Raspberry Pi Holdings PLC  05 June 2026

05 June 2026

 

 

Raspberry Pi Holdings plc

("Raspberry Pi" or "the Company")

 

Trading Update

H1 FY 2026 profitability expected to be materially ahead of H1 FY 2025

Upgrade to FY 2026 outlook

 

Raspberry Pi (LSE: RPI), a leader in low-cost, high-performance computing, is
pleased to report that trading in the first half of the year (six months
ending 30 June 2026) has been strong, with profitability materially ahead of
the comparable period in FY 2025. Units for the first half are expected to be
over 4 million and Adjusted EBITDA at least $38m. Performance has been
supported by continued growth in unit volumes, a favourable product mix, and
the ongoing utilisation of low-density DRAM inventory accumulated throughout
FY 2025.

Despite DRAM related price increases, the Company has seen continued robust
demand for its products from OEMs and other customers. In the second half, the
Company will focus on the strategic opportunity to gain market share and
further strengthen customer relationships. Unit economics are expected to
moderate in H2 as inventory of memory procured at a lower cost in earlier
periods is depleted.

While macroeconomic uncertainty persists, and the pricing and availability of
DRAM and non-volatile memory remains challenging, the Company is confident
that it can secure the inventory necessary to meet its FY 2026 production
goals. The Company continues to benefit from its existing memory vendor
relationships, and to identify and onboard new vendors. Given the opportunity
to make strategic purchases of memory inventory, the Company expects to
appropriately utilise its debt facilities through FY 2026.

The strong profitability delivered in the first half is expected to result in
FY 2026 EBITDA being significantly ahead of current market expectations.

Notes

As at 4 June 2026, the Board understands the consensus market expectations for
FY 2026 adjusted EBITDA, based on published analyst forecasts, to be $42.0m.

 

For more information, please contact:

  Raspberry Pi Holdings plc
 Eben Upton, CEO, Richard Boult, CFO                           Via Alma Strategic Communications
 Andy Bryant - IR                                              investors@raspberrypi.com (mailto:investors@raspberrypi.com)

 Alma Strategic Communications                                 T: +44 (0)203 405 0205
 Josh Royston, Caroline Forde, Hannah Campbell, Emma Thompson  raspberrypi@almastrategic.com (mailto:raspberrypi@almastrategic.com)

 

Notes to Editor

Headquartered in Cambridge, UK, Raspberry Pi's mission is to put
high-performance, low-cost, general-purpose computing platforms in the hands
of enthusiasts and engineers all over the world.

 

Raspberry Pi is a full-stack engineering organisation, with research and
development capabilities spanning the entire value chain, from semiconductor
IP development, through semiconductor and electronic product design to
software engineering and regulatory compliance. The high performance, low
cost, and physical robustness of Raspberry Pi products make them suitable for
a wide range of applications, across three distinct markets: Industrial and
Embedded, Enthusiast and Education and Semiconductors. To date, over 73
million units have been sold.

 

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version of the Market Abuse Regulation No 596/2014 which is part of English
Law by virtue of the European (Withdrawal) Act 2018, as amended. On
publication of this announcement via a Regulatory Information Service, this
information is considered to be in the public domain.

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