Raspberry Pi UK reported record revenue and core profits for the first half of 2026, confirming its optimistic forecast for the full year. This success has been driven by favorable pricing and strong industrial demand, factors that have helped offset sharp increases in memory chip costs.
Image source: raspberrypi.com
Shares of the Cambridge single-board computer maker rose 15% in early trading, their biggest one-day gain since June 5. Adjusted core earnings more than doubled to $40.3 million in the six months ended June 30; revenue grew 90% to $256.9 million. The results were driven by strong demand from industrial customers and equipment manufacturers, who use the computers in applications such as factory automation, robotics and medical equipment.
Supply is expected to grow further in the second half of this year – demand remains high. The company said it has enough memory inventory to meet its fiscal 2026 production plan; strategic procurement for 2027 is already underway. As memory chip stocks purchased at low prices are exhausted in 2025, unit output profits will “Moderate decline”Raspberry Pi warning. In response to the shortage of memory chips, the company is working with Sony to expand its supplier base and increase production capacity.
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