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Companies / Health Care / Rafael Holdings, Inc.
RFL

Rafael Holdings, Inc.

Health CarePharmaceutical Preparations
Ticker RFLNEWARK, NJFiscal year ends JulyBook value per share $1.29Diluted shares 51.4M

Rafael Holdings, Inc. (NYSE: RFL) is a biotechnology company that develops pharmaceuticals and holds interests in clinical- and early-stage companies developing pharmaceuticals and medical devices. Its primary focus is Trappsol® Cyclo™, an investigational intravenous therapy for Niemann-Pick Disease Type C; the… From the company’s description.

In fiscal 2026, Rafael Holdings, Inc. reported revenue of $0.87M, down 4.7% from fiscal 2025, and a net loss of $27.95M. Operations used $29.99M in cash.

Fiscal year 2026 · ends 07-31Changes are against fiscal 2025
Sales & profitability
$0.87MFY2026
−4.7% year over year
-3822.54%FY2026
−642.7 percentage points
$-27.95MFY2026
+8.8% year over year
-44.69%FY2026
−15.8 percentage points
Cash & financing
$-29.99MFY2026
−58.5% year over year
$-29.99MFY2026
−58.4% year over year
0.01FY2026
Was 0.01× a year earlier
51.4MFY2026
+74.7% year over year

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure.

What Rafael Holdings, Inc. does

In the company’s own words

Rafael Holdings, Inc. (NYSE: RFL) is a biotechnology company that develops pharmaceuticals and holds interests in clinical- and early-stage companies developing pharmaceuticals and medical devices. Its primary focus is Trappsol® Cyclo™, an investigational intravenous therapy for Niemann-Pick Disease Type C; the company submitted a New Drug Application to the FDA in October 2026 after completing a Phase 3 trial. Its portfolio includes LipoMedix, developing the liposome-delivered cancer candidate Promitil®; Cornerstone Pharmaceuticals, focused on cancer metabolism therapies; and Rafael Medical Devices, whose FDA-cleared VECTR System is used in minimally invasive ligament or fascia release surgeries. Barer holds interests in early-stage cancer assets, while Day Three Labs develops technology to increase the bioavailability of third-party products. Cyclo also sells cyclodextrins and related products to pharmaceutical, nutritional and other industries. Rafael retains a portion of a commercial building in Jerusalem as its sole real estate asset. Its website is www.rafaelholdings.com.

Company details
Sector
Health Care
Industry (SIC)
Pharmaceutical Preparations
Headquarters
NEWARK, NJ
Fiscal year end
July
CIK
1713863
SIC
2834

Financial performance, year by year

Fiscal 2018–2026 · USD
$-155.09M$-111.45M$-67.81M$-24.16M$19.48M201820192020202120222023202420252026

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Rafael Holdings, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

26
funds hold it
0 of 35
superinvestors hold it
$5.65M
held by funds, at market
4.0%
of shares held by funds

Largest fund holders · Rafael Holdings, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Micro-Cap ETF
IWC · iShares Trust
0.02%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
—of fund net assets
U.S. MICRO CAP PORTFOLIO
DFSCX · DFA INVESTMENT DIMENSIONS GROUP INC
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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