Retractable Technologies Inc. reported total net sales of $10.1 million for the third quarter of 2025, compared to $10.3 million in the same period last year. The company recorded an operating loss of $3.7 million for the quarter, an improvement from a $5.1 million operating loss in the third quarter of 2024. Net income for the quarter was $0.4 million, including $2.4 million in unrealized gains on third party debt and equity investments. For the first nine months of 2025, net sales were $28.8 million and operating losses totaled $13.5 million, compared to net revenues of $24.0 million and operating losses of $13.9 million in the same period of 2024. Net loss for the nine-month period was $10.2 million, which included $3.2 million in unrealized losses on third party investments and $1.9 million in settlement proceeds. International revenues rose 38.1% for the first nine months of 2025, though the average international selling price per unit declined due to a shift in product mix. Overall, unit sales increased 25.5% for the nine months but decreased 12.4% for the quarter. Cost of manufactured product increased 22.1% for the nine months, while tariff expenses totaled $0.2 million in the third quarter. Operating expenses increased 4.3%, primarily due to product donations and higher bad debt expense.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Retractable Technologies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251114820060) on November 14, 2025, and is solely responsible for the information contained therein.
