For the twelve months ended Sep 30, 2026, Rand Capital Corporation reported $5.23M of revenue and $3.03M of net income.
RAND revenue was $1.31M in fiscal Q3 2026 (ended Sep 30, 2026), down 17.0% from a year earlier and down 5.9% from the prior quarter. For the full fiscal 2025 it was $6.47M, down 24.4% from fiscal 2024. It rose in 3 of the last 4 fiscal years.
RAND net income was $944.4K in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$2.23M a year earlier and down 30.9% from the prior quarter. For the full fiscal 2025 it was -$8.04M, compared with $8.83M in fiscal 2024.
RAND diluted EPS was $0.32 in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$0.75 a year earlier and down 30.4% from the prior quarter. For the full fiscal 2025 it was -$2.73, compared with $3.42 in fiscal 2024.
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $6.47M | $8.56M | $7.34M | $5.77M | $4.08M |
| Pre-tax income | - | - | $3.52M | $3.68M | - |
| Income tax | - | - | $192.1K | $215.5K | $10.9K |
| Net income | -$8.04M | $8.83M | $6.53M | -$881.8K | $15.80M |
| EPS, basic | -$2.73 | $3.42 | $2.53 | -$0.34 | $6.12 |
| EPS, diluted | -$2.73 | $3.42 | $2.53 | -$0.34 | $6.12 |
| Diluted shares | 2.9M | 2.6M | 2.6M | 2.6M | 2.6M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash and equivalents | $4.21M | $834.8K | $3.30M | $1.37M | $833.9K |
| Total assets | $53.20M | $72.46M | $81.02M | $63.48M | - |
| Total liabilities | $1.01M | $7.12M | $20.21M | $5.76M | - |
| Shareholders' equity | $52.18M | $65.33M | $60.82M | $57.72M | $60.75M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Operating cash flow | $11.25M | $15.33M | -$8.34M | $252.4K | -$3.94M |
| Financing cash flow | -$7.88M | -$17.79M | $10.27M | $282.8K | -$15.59M |
| Dividends paid | $7.28M | $2.14M | $3.43M | $2.14M | $4.57M |
| Share repurchases | - | - | - | - | $20.8K |
| Depreciation and amortization | $25.0K | $25.0K | $25.0K | $12.5K | $175.4K |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue growth, YoY | -24.4% | 16.6% | 27.3% | 41.4% | - |
| Net income growth, YoY | - | 35.3% | - | - | - |
| EPS growth, YoY | - | 35.2% | - | - | - |
| Net margin | -124.2% | 103.1% | 88.9% | -15.3% | 387.5% |
| Return on equity | -15.4% | 13.5% | 10.7% | -1.5% | 26.0% |
| Return on assets | -15.1% | 12.2% | 8.1% | -1.4% | - |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.31M | $1.39M | $1.24M | $1.29M | $1.58M | $1.60M | $2.01M | $2.14M | $2.22M | $2.14M | $2.07M | $1.93M |
| Income tax | - | - | - | - | - | - | - | - | -$2.5K | $562 | $778 | -$45.3K |
| Net income | $944.4K | $1.37M | -$367.5K | $1.09M | -$2.23M | -$7.74M | $841.4K | -$2.95M | $2.64M | $7.74M | $1.40M | $1.09M |
| EPS, basic | $0.32 | $0.46 | -$0.12 | $0.37 | -$0.75 | -$2.60 | $0.29 | -$1.14 | $1.02 | $3.00 | $0.54 | $0.42 |
| EPS, diluted | $0.32 | $0.46 | -$0.12 | $0.37 | -$0.75 | -$2.60 | $0.29 | -$1.14 | $1.02 | $3.00 | $0.54 | $0.42 |
| Diluted shares | 3.0M | 3.0M | 3.0M | - | 3.0M | 3.0M | 2.9M | - | 2.6M | 2.6M | 2.6M | - |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $222.9K | $429.6K | $330.6K | $4.21M | $9.49M | $4.42M | $4.93M | $834.8K | $3.35M | $2.29M | $759.2K | $3.30M |
| Total assets | $57.64M | $57.66M | $52.51M | $53.20M | $54.58M | $57.64M | $67.82M | $72.46M | $79.80M | $90.79M | $84.36M | $81.02M |
| Total liabilities | $6.10M | $6.20M | $1.56M | $1.01M | $958.3K | $925.6K | $2.51M | $7.12M | $9.35M | $22.23M | $22.79M | $20.21M |
| Shareholders' equity | $51.54M | $51.46M | $50.95M | $52.18M | $53.62M | $56.71M | $65.31M | $65.33M | $70.45M | $68.56M | $61.57M | $60.82M |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $754.5K | -$3.64M | -$3.52M | -$2.76M | $5.93M | $347.7K | $7.73M | $782.1K | $15.11M | $4.28M | -$4.84M | -$1.06M |
| Financing cash flow | -$961.2K | $3.74M | -$361.1K | -$2.52M | -$861.2K | -$861.1K | -$3.63M | -$3.30M | -$14.05M | -$2.75M | $2.30M | $874.0K |
| Dividends paid | $861.2K | $861.2K | $861.1K | $2.52M | $861.2K | $861.1K | $3.03M | $0 | $748.5K | $748.5K | $645.3K | $1.63M |
| Depreciation and amortization | $6.3K | $6.3K | $6.3K | $6.3K | $6.3K | $6.3K | $6.3K | $6.3K | $6.3K | $6.3K | $6.3K | $6.3K |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | -17.0% | -13.0% | -38.3% | -39.9% | -28.8% | -25.0% | -2.9% | 10.7% | 27.4% | 17.7% | 11.7% | 11.4% |
| Net income growth, YoY | - | - | - | - | - | - | -39.9% | - | 342.7% | 189.6% | -35.5% | 240.1% |
| EPS growth, YoY | - | - | - | - | - | - | -46.3% | - | 343.5% | 188.5% | -35.7% | 250.0% |
| Net margin | 72.0% | 98.0% | -29.6% | 84.5% | -141.2% | -482.8% | 41.9% | -137.8% | 118.8% | 362.2% | 67.7% | 56.4% |
Source: XBRL data Rand Capital Corporation files with the SEC, latest filing dated Nov 4, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| RAND | $5.23M | -28.6% | $3.03M | 57.9% | $29.1M |
| AXP | $77.59B | +10.2% | $12.26B | 15.8% | $215.24B |
| SPGI | $17.21B | +18.2% | $4.99B | 29.0% | $135.62B |
| MCO | $8.18B | +9.0% | $2.88B | 35.3% | $87.18B |
| NU | $15.77B | +37.0% | $2.87B | 18.2% | $58.39B |
| RKT | $11.46B | +90.4% | $1.30B | 11.4% | $42.74B |
| COIN | $5.63B | -26.6% | -$701.62M | -12.5% | $35.68B |
| AFRM | $4.59B | +32.7% | $2.01B | 43.9% | $23.08B |
| SYF | $19.31B | +2.6% | $3.33B | 17.3% | $22.96B |