# Raspberry Pi Holdings (RPI.LSE) Canonical: https://gigainvestors.com/s/RPI.LSE Analysis as of: 2026-10-16T07:41:56.935Z. Listing currency: GBX. Reporting currency: USD. ## Verdict Not enough history yet Quality tests for Buy: not passed (profit record: fail; earnings resilience is evidence only). Published buy qualification: no. Share price: GBX 589.00 per share; close as of 2026-10-15. ## Checklist ### understandable: na ### moat: na ### economics: na ### management: na ### accounting: na ## Holders ## Price story Down 28% since Jun 2026 Story as of 2026-10-16T10:01:29.058Z; price observation 2026-10-15. ## Owner memo Memo as of 2026-10-16T08:06:05.509Z. ### How it makes money Operates in electronic components; annual sales are USD 323.2 million. - Source: https://filings.xbrl.org/984500F5FB0E4FEBED17/2025-12-31/ESEF/GB/0/984500F5FB0E4FEBED17-2025-12-31-T01.json (filed 2026-10-16T07:41:56.935Z); FY2025: revenue 323200000; grossProfit 77800000; margin = grossProfit / revenue. - Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); RPI.LSE: Raspberry Pi Holdings plc designs and develops single-board computers, compute module, and semiconductors in the United Kingdom, Europe, the United States, Asia Pacific, and internationally. The company provides computers and microcontrollers, cameras and displays, add-on boards, power supplies and cables, cases, and peripherals. It offers Raspberry Pi Connect, a secure remote access solution for Raspberry Pi OS which allows to connect to your Raspberry Pi desktop from any browser; Raspberry Pi Desktop for any PC or Apple Mac computer; Raspberry Pi Imager, which installs Raspberry Pi OS and other operating systems to a microSD card and OS software products; and Raspberry Pi OS, a supported operating system for organizations. In addition, the company offers Raspberry Pi Press, which produces magazines and books, as well as the Raspberry Pi Store. The company serves resellers and original equipment manufacturers; industrial and embedded applications; enthusiasts; and educators. The company was founded in 2012 and is headquartered in Cambridge, the United Kingdom. ### Why customers stay Margins ranged from 24.1% to 24.8% during 2023–25. - Source: https://filings.xbrl.org/984500F5FB0E4FEBED17/2024-12-31/ESEF/GB/0/984500F5FB0E4FEBED17-2024-12-31-T01.json (filed 2026-10-16T07:41:56.935Z); FY2023: grossProfit / revenue = 24.8%. - Source: https://filings.xbrl.org/984500F5FB0E4FEBED17/2025-12-31/ESEF/GB/0/984500F5FB0E4FEBED17-2025-12-31-T01.json (filed 2026-10-16T07:41:56.935Z); FY2024: grossProfit / revenue = 24.4%. - Source: https://filings.xbrl.org/984500F5FB0E4FEBED17/2025-12-31/ESEF/GB/0/984500F5FB0E4FEBED17-2025-12-31-T01.json (filed 2026-10-16T07:41:56.935Z); FY2025: grossProfit / revenue = 24.1%. ### Where the cash goes Spends 7.8% of cash earnings on expansion; paid no dividends in 3 years. - Source: https://query2.finance.yahoo.com/ws/fundamentals-timeseries/v1/finance/timeseries/RPI.L (filed 2026-10-16T07:41:56.935Z); FY2023: growth capex 0; upkeep 23100000; owner earnings 12067724. Growth capex / owner earnings = 0. - Source: https://query2.finance.yahoo.com/ws/fundamentals-timeseries/v1/finance/timeseries/RPI.L (filed 2026-10-16T07:41:56.935Z); FY2025: growth capex 1031838.739551384; upkeep 17268161.260448616; owner earnings 13151838.739551384. Growth capex / owner earnings = 0.07845585396727428. - Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16T07:41:56.935Z); Dividend observations: [[2023,0],[2024,0],[2025,0]]. Zero only counted when supported by a complete cash-flow statement. ### Are managers owners Insiders own 58.9% of the company. - Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); RPI.LSE SharesStats.PercentInsiders = 58.897 percentage points; cache date 2026-10-16. ### What the price says The price is 4.8 times annual sales. - Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16T07:41:56.935Z); Closing price 589 GBX; reporting-to-trading FX 75.34943299551671; FY2025 annual sales per share 1.6384687064111623; price multiple 4.770865302103854. FY2025 cash earnings/share 0.06667350311423567. Closing-price date 2026-10-15. ## Monthly share-price history (GBX per share) - 2024-06: GBX 400.50 per share - 2024-07: GBX 378.00 per share - 2024-08: GBX 401.00 per share - 2024-09: GBX 386.60 per share - 2024-10: GBX 349.80 per share - 2024-11: GBX 363.80 per share - 2024-12: GBX 625.00 per share - 2025-01: GBX 766.00 per share - 2025-02: GBX 595.00 per share - 2025-03: GBX 466.60 per share - 2025-04: GBX 440.80 per share - 2025-05: GBX 523.50 per share - 2025-06: GBX 456.40 per share - 2025-07: GBX 413.60 per share - 2025-08: GBX 422.00 per share - 2025-09: GBX 408.80 per share - 2025-10: GBX 362.60 per share - 2025-11: GBX 325.60 per share - 2025-12: GBX 300.20 per share - 2026-01: GBX 268.20 per share - 2026-02: GBX 373.20 per share - 2026-03: GBX 429.80 per share - 2026-04: GBX 621.00 per share - 2026-05: GBX 815.00 per share - 2026-06: GBX 823.00 per share - 2026-07: GBX 657.00 per share - 2026-08: GBX 577.00 per share - 2026-09: GBX 692.50 per share - 2026-10: GBX 589.00 per share ## Annual estimated value (GBX per share) Historical values use today's bond yield for every fiscal year Historical values use today's FX rate into trading currency for every fiscal year Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates ## Sources Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights. ## Reported holder observations