UK's Raspberry Pi posts record first half on strong industrial demand

Sony

24/09/2026 08:25

Sept 24 (Reuters) - Britain's Raspberry Pi RPI.L reported record first-half revenue and core profit growth on Thursday and maintained an upbeat annual outlook, as strong pricing and industrial demand helped it weather soaring memory-chip costs. 
Shares in the Cambridge-based maker of single-board computers rose 15% in early trade, their biggest one-day gain since June 5.
Here are some details:
Adjusted core profit more than doubled to $40.3 million in the six months to June 30, and revenue jumped 90% to $256.9 million
Performance was driven by robust demand from its industrial and original equipment manufacturer customer base, which uses its credit-card-sized computers in everything from factory automation and robotics to medical devices
Unit volumes are expected to be higher in the second half, thanks to strong demand
It said it has sufficient memory inventory to meet its FY2026 production goals, while making strategic purchases for 2027
Raspberry Pi reaffirmed its full-year profit outlook
It reiterated that its per-unit profitability will "moderate" as its stockpile of cheaper memory chips, secured in 2025, runs down.
CEO Eben Upton said Raspberry Pi was broadening its supplier base and adding production capacity with Sony 6758.T to navigate memory shortages.

(Reporting by Amna Mariyam in Bengaluru; Editing by Rashmi Aich)
((amna.mariyam@thomsonreuters.com; +91 8448625620))