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Rand Capital Corporation(RAND)Earnings, Financials & Key Ratios
RAND•NASDAQ
$10.20
Price updated Jun 27, 2026
AboutRand Capital Corporation is a business development company and regulated investment company specializing in private equity investments. The firm prefers to make investments through equity or debt instruments in lower middle market and in small to medium-sized privately held companies. It generally lends to more mature companies. The firm does not prefer to invest in real estate sector. It invests in companies that are engaged in the exploitation of new or unique products, technologies, or services. The firm invests in healthcare, consumer products, manufacturing, software, and professional services. It seeks to invest in companies based in the Western and Upstate New York region and its surrounding states with focus on Buffalo and Niagara region. The firm may invest in region within three to five hour drives from Western New York including Canada. It typically invests between $0.5 million and $1.5 million and the total investment in rounds is between $1 million and $5 million. The firm seeks to invest up to maximum of $3 million total per company as part of follow-on investments. It invest in startups and companies having annual revenue up to $10 million. It invest companies having EBITDA up to $5 million. The firm Follow-on investment(s) up to a targeted maximum of $2 million to $3 million total per company. The firm frequently participate three investment round. The firm seeks to be a lead investor in companies within its geographical area and participates in syndicate/co-invest with other investors outside it. It prefers to invest in businesses that are unique or possess proprietary right. The firm prefers to be a minority investor and seeks to take a Board seat in its portfolio companies. It typically holds its investments for a period of five to seven years. Rand Capital Corporation was founded in 1969 and is based in Buffalo, New York.Show more
- EBITDA-$8M-189.2%
- Net Income-$8M-191.1%
- EPS (Diluted)-2.73-179.8%
- Gross Margin106.67%+18.1%
- EBITDA Margin-175.64%-323.7%
- Operating Margin-176.2%-325.0%
- Net Margin-179.71%-328.4%
- ROE-13.68%-197.8%
RAND Price & Volume
Rand Capital Corporation (RAND) stock price & volume — 10-year historical chart
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Persistent Asset Erosion Challenges Rand Capital Stability
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Vulnerable
Cash Flow:Mixed
Primary Risk:Portfolio Asset Liquidity Risk
Key Thesis Takeaways
- Rand Capital faces a precarious outlook as its total asset base has contracted significantly from $90.8M in 2024Q2 to $52.5M in 2026Q1, signaling a struggle to maintain scale.
- The firm's reliance on lumpy capital gains rather than recurring income, coupled with a retained earnings deficit of $10.6M as of 2025Q4, suggests limited visibility into future profitability.
- Investors should remain cautious as the firm's dividend policy, evidenced by $861.1K in payouts during 2026Q1, appears increasingly disconnected from its volatile cash-generating capacity.
Verdict Logic
the firm's fundamental instability is underscored by a P/E TTM of -3.74 and a significant contraction in total assets to $52.5M, suggesting that the current dividend yield of 24.2% may not be sustainable.
RAND Growth Metrics
Rand Capital Corporation (RAND) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years1.12%
5 Years5.29%
3 Years87.15%
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-211.84%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-194.01%
Return on Capital
10 Years0.93%
5 Years6.58%
3 Years2.8%
Last Year-12.84%
RAND Recent Earnings
Rand Capital Corporation (RAND) EPS & revenue vs analyst estimates — last 4 quarters
Q2 2026Latest
May 6, 2026Metric
Actual
Est
EPS
$0.18
—
Rev
—
—
Q2 2026
Mar 5, 2026Metric
Actual
Est
EPS
$0.20
—
Rev
$1M
—
Q4 2025
Nov 7, 2025Metric
Actual
Est
EPS
$0.33
—
Rev
$2M
—
Q3 2025
Aug 4, 2025Metric
Actual
Est
EPS
$0.33
—
Rev
$2M
—
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 6, 2026 | $0.18 | — |
| Q2 2026 | Mar 5, 2026 | $0.20 | $1M |
| Q4 2025 | Nov 7, 2025 | $0.33 | $2M |
| Q3 2025 | Aug 4, 2025 | $0.33 | $2M |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Rand Capital Corporation (RAND)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $10.20 | $30.29M | -3.74 | -60.13% | -179.71% | -13.68% | 24.22% | |
| $15.16 | $603.7M | 3.18 | -20.47% | 173.56% | 34.04% | — | |
| $23.15 | $1.44B | 12.18 | 50.13% | 50.89% | 11.68% | — | |
| $4.70 | $190.82M | 3.85 | 36.55% | -19.55% | -3.39% | — | |
| $8.42 | $113.82M | 8.86 | 148.14% | 41.96% | 7.25% | — | |
| $4.41 | $194.61M | 4.20 | 17.91% | 37.39% | 8.95% | — |
Compare RAND vs Peers
Rand Capital Corporation (RAND) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
RAND SEC Filings & Documents
Rand Capital Corporation (RAND) SEC filings — annual & quarterly reports (10-K, 10-Q)
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RAND Frequently Asked Questions
Rand Capital Corporation (RAND) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Rand Capital Corporation's revenue?
Rand Capital Corporation (RAND) reported $-2.2M in revenue for fiscal year 2025.
How fast is Rand Capital Corporation growing?
Rand Capital Corporation (RAND) saw revenue decline by 60.1% over the past year.
Is RAND profitable?
Rand Capital Corporation (RAND) reported a net loss of $9.2M for fiscal year 2025.
Dividend & Returns
Does RAND pay dividends?
Yes, Rand Capital Corporation (RAND) pays a dividend with a yield of 24.22%. This makes it attractive for income-focused investors.
What is RAND's return on equity?
Rand Capital Corporation (RAND) has a return on equity (ROE) of -13.7%. Negative ROE indicates the company is unprofitable.
What is Rand Capital Corporation's free cash flow?
Rand Capital Corporation (RAND) generated $3.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.