UK computing platform maker Raspberry Pi's H1 revenue soars on strong OEM demand

By Reuters News


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:


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.)

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