Raspberry Pi H1 Earnings Call Highlights
Adjusted core profit more than doubled to $40.3 million as strong industrial demand and cheaper memory inventory lifted revenue 90%, the company said.
- On Thursday, Cambridge-based Raspberry Pi reported record first-half revenue of $256.9 million, up 90 percent, alongside pre-tax profit that more than tripled to $19.6 million. The single-board computer maker maintained an upbeat annual outlook despite rising memory costs.
- Raspberry Pi's strategic decision during 2025 to stockpile memory before prices surged allowed it to maintain product availability when competitors struggled. CEO Eben Upton said the move "has allowed us to maintain product availability at a time when smaller competitors have struggled to secure allocation."
- Industrial and OEM customers drove performance, with direct shipments rising 26 percent to 3.4 million units. Gross profit per board climbed to $12.20 from $8 year-over-year, boosting overall gross profit 79 percent to $59.4 million.
- Profitability will "moderate" as cheaper memory inventory acquired in 2025 runs down, Raspberry Pi said. To address supply constraints, the company is broadening its supplier base and adding production capacity with Sony.
- Demand remains strong, with about 1 million Pi Zero units on back order due to component packaging congestion. Raspberry Pi expects to ship more units in the second half of 2026 despite ongoing supply constraints.
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Raspberry Pi H1 Earnings Call Highlights
Raspberry Pi (LON:RPI) reported record first-half revenue and profitability for 2026, supported by higher unit shipments, price increases tied to memory costs and demand for higher-value products. The company shipped 4.2 million units during the period, while its customer order backlog more than dou
UK's Raspberry Pi posts record first half on strong industrial demand
Britain's Raspberry Pi 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.
Raspberry Pi Profit Triples, Revenue Surges 90%
Raspberry Pi posted a record first-half 2026 with revenue rising 90% to $256.9 million and profit before tax up 216% to $19.6 million, supported by higher unit shipments, a doubled order backlog to 2.6 million, and a strategic memory inventory that helped maintain supply amid pricing shifts. The company highlighted edge‑AI momentum, launched AI HAT+ 2 for Raspberry Pi 5, expanded capacity and OEM demand in smart homes and aerospace/defence, and …
Raspberry Pi profit triples on hot demand
Raspberry Pi’s profit more than tripled in the first half of 2026 as demand for its low-cost computers surged and price rises boosted revenue. The Cambridge-based computer maker posted pre-tax profit of $19.6m (£14.5m), up from $6.2m a year earlier. Revenue jumped 90 per cent to a record $256.9m. Chief executive Eben Upton said demand [...]
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