Rental – Third Party was Rafael Holdings’s largest revenue line in fiscal 2025, bringing in $394.00K of $804.00K (49%).
| Related and Nonrelated Parties | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Infusion Technology Revenue | — | — | $710.00K | — |
| Infusion Technology | — | — | $710.00K | $186.00K |
| Rental – Third Party | $358.00K | $342.00K | $348.00K | $394.00K |
| Other – Related Party | $240.00K | — | — | — |
| Rental – Related Party | $222.00K | $216.00K | $216.00K | $224.00K |
| Total | $820.00K | $558.00K | $1.98M | $804.00K |
Rafael Holdings brought in $804.00K from its three revenue lines in fiscal 2025, the year ended July 31, 2025. Rafael Holdings regrouped these revenue lines after fiscal 2024, so the total does not compare directly with that year's $1.98M. Rental – Third Party was the largest at $394.00K (49.0%), ahead of Rental – Related Party at $224.00K (27.9%) and Infusion Technology at $186.00K (23.1%).
Compared with fiscal 2024, Rental – Third Party grew fastest, up 13.2% to $394.00K, while Infusion Technology fell the most, down 73.8% to $186.00K.
Rafael Holdings began breaking out Infusion Technology in fiscal 2024, when it brought in $710.00K. Rafael Holdings stopped reporting Infusion Technology Revenue ($710.00K in fiscal 2024) and Other – Related Party ($240.00K in fiscal 2022) as separate revenue lines.
Real Estate was Rafael Holdings’s largest segment in fiscal 2025, bringing in $394.00K of $580.00K (68%).
| Segment | FY 2024 | FY 2025 |
|---|---|---|
| Infusion Technology | $710.00K | $186.00K |
| Real Estate | $348.00K | $394.00K |
| Total | $1.06M | $580.00K |
Rafael Holdings brought in $580.00K from its two segments in fiscal 2025, the year ended July 31, 2025. That is less than the $804.00K it reports by related and nonrelated parties, so these segments do not cover all of its revenue. Real Estate was the largest at $394.00K (67.9%), ahead of Infusion Technology at $186.00K (32.1%).
Compared with fiscal 2024, Real Estate grew 13.2% to $394.00K, while Infusion Technology fell 73.8% to $186.00K.
Rafael Holdings (RFL) reports its revenue by related and nonrelated parties and by segment. In fiscal 2025, Rental – Third Party was its largest revenue line, bringing in $394.00K (49.0% of the total), followed by Rental – Related Party at $224.00K (27.9%).
Rental – Third Party was Rafael Holdings' largest revenue line in fiscal 2025, bringing in $394.00K, or 49.0% of the $804.00K total across its three revenue lines.
Real Estate was Rafael Holdings' largest segment in fiscal 2025, bringing in $394.00K, or 67.9% of the $580.00K total across its two segments.
Real Estate grew faster than Infusion Technology in fiscal 2025, up 13.2% from $348.00K to $394.00K. Infusion Technology fell 73.8% to $186.00K.
Every figure comes from Rafael Holdings' annual financial filings, as reported. Each line keeps the name Rafael Holdings gives it, and years follow its fiscal calendar.
Rafael Holdings' revenue by related and nonrelated parties goes back to fiscal 2022, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.