# Rafael Holdings Inc. (RFL) — Net Income

## Annual Net Income (USD)

| Year | Net Income |
| --- | --- |
| 2025 | -$31M |
| 2024 | -$34M |
| 2023 | -$2M |
| 2022 | -$125M |
| 2021 | -$23M |
| 2020 | -$11M |
| 2019 | -$5M |
| 2018 | -$12M |
| 2017 | $138,000 |
| 2016 | $710,000 |

## Quarterly Net Income (USD)

| Quarter | Net Income |
| --- | --- |
| 2026-01-31 | -$6M |
| 2025-10-31 | -$10M |
| 2025-04-30 | -$5M |
| 2025-01-31 | -$5M |
| 2024-10-31 | -$9M |
| 2024-04-30 | -$32M |
| 2024-01-31 | $6M |
| 2023-10-31 | -$4M |
| 2023-04-30 | -$1M |
| 2023-01-31 | -$3M |
| 2022-10-31 | $2M |
| 2022-04-30 | -$6M |
| 2022-01-31 | -$2M |
| 2021-10-31 | -$129M |
| 2021-04-30 | -$3M |
| 2021-01-31 | -$8M |
| 2020-10-31 | -$1M |
| 2020-04-30 | -$2M |
| 2020-01-31 | -$1M |
| 2019-10-31 | -$2M |
| 2019-04-30 | -$1M |
| 2019-01-31 | -$1M |
| 2018-10-31 | -$481,000 |
| 2018-04-30 | -$531,000 |

Source: [CompaniesByCap](https://companiesbycap.com/company/RFL/net-income)