---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-061870"
form_type: "8-K"
ticker: "RVP"
cik: "0000946563"
company_name: "RETRACTABLE TECHNOLOGIES INC"
filed_at: "2022-05-17T23:59:59+00:00"
generated_at: "2026-06-25T13:12:53.919027+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Retractable Technologies Q1 operating income falls to $9.7M from $23.4M YoY on lower U.S. government sales

## Summary
- Operating income $9.7M vs $23.4M in Q1 2021; net sales $44.7M vs $50.1M.
- U.S. government sales fell to $15.7M from $37.8M; international sales surged 1,313%.
- International unit sales increased dramatically but per-unit revenue is lower, pressuring margins.
- Operating expenses rose 27.7% driven by headcount, consulting, and share-based compensation ($1.1M).
- Company warns future orders from U.S. government and international organization are uncertain.

## SEC filing metadata
- accession: 0001104659-22-061870
- form_type: 8-K
- ticker: RVP
- cik: 0000946563
- company_name: RETRACTABLE TECHNOLOGIES INC
- filed_at: 2022-05-17T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/946563/000110465922061870/0001104659-22-061870-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/946563/000110465922061870/tm2215740d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-061870
- JSON: https://secwatch.observer/filing/0001104659-22-061870.json
- Plain text: https://secwatch.observer/filing/0001104659-22-061870.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.