UK computing platform maker Raspberry Pi's H1 revenue soars on strong OEM demand
UK computing platform maker Raspberry Pi's H1 revenue soars on strong OEM demand
Overview
UK computing platform maker's H1 revenue rose 90% yr/yr to record high
Adjusted EBITDA for H1 more than doubled, up 108% yr/yr
Company benefited from strategic memory inventory purchases amid industry supply constraints
Outlook
Company expects second-half unit volumes to exceed first-half levels
Raspberry Pi expects full-year EBITDA to be ahead of market consensus
Company says it has sufficient memory inventory to meet FY 2026 production goals
Result Drivers
STRONG OEM DEMAND - Co said accelerating adoption by OEM customers and robust reseller channel demand drove unit shipment growth
STRATEGIC MEMORY INVENTORY - Co benefited from consumption of memory inventory acquired at lower prices in FY 2025, supporting product availability and profitability amid supply-chain disruption
HIGHER SELLING PRICES - Co implemented substantial price increases on boards to offset higher memory component costs, boosting average selling price and gross profit per board
Company press release: ID:nRSX0590Wa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| $256.90 mln |
|
H1 Adjusted EBITDA |
| $40.30 mln |
|
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)