---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-067555"
form_type: "8-K"
ticker: "RFL"
cik: "0001713863"
company_name: "Rafael Holdings, Inc."
filed_at: "2026-06-11T11:55:05+00:00"
generated_at: "2026-06-11T12:00:18.147878+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Rafael Holdings Q3 net loss $4.2M; Phase 3 NPC trial done, NDA submission H2 2026

## Summary
- Net loss attributable to Rafael Holdings was $4.2M ($0.08/shr) vs $4.8M ($0.19/shr) a year ago.
- Cash and equivalents stood at $30.5M as of April 30, 2026.
- R&D expenses rose to $4.9M from $3.0M, driven by the March 2025 Cyclo acquisition.
- Phase 3 TransportNPC trial completed last patient last visit; NDA submission expected in H2 2026.

## SEC filing metadata
- accession: 0001213900-26-067555
- form_type: 8-K
- ticker: RFL
- cik: 0001713863
- company_name: Rafael Holdings, Inc.
- filed_at: 2026-06-11T11:55:05+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1713863/000121390026067555/0001213900-26-067555-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1713863/000121390026067555/ea0294320-8k_rafael.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-067555
- JSON: https://secwatch.observer/filing/0001213900-26-067555.json
- Plain text: https://secwatch.observer/filing/0001213900-26-067555.txt

## Key facts
- Earnings Releases
  Rafael Holdings, Inc. reported the fiscal quarter ended April 30, 2026 results: net income net loss attributable to Rafael Holdings of $4.2 million, or $0.08 per share, EPS $0.08 per share.
  - Period: the fiscal quarter ended April 30, 2026
  - Net income: net loss attributable to Rafael Holdings of $4.2 million, or $0.08 per share
  - EPS: $0.08 per share
  - Result: reported results
  source text: For the three months ended April 30, 2026, we recorded a net loss attributable to Rafael Holdings of $4.2 million, or $0.08 per share, versus a net loss of $4.8 million, or $0.19 per share in the year ago period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1713863/000121390026067555/0001213900-26-067555-index.htm
- Earnings Releases
  Rafael Holdings, Inc. reported the nine months ended April 30, 2026 results: net income net loss attributable to Rafael Holdings of $20.5 million, or $0.40 per share, EPS $0.40 per share.
  - Period: the nine months ended April 30, 2026
  - Net income: net loss attributable to Rafael Holdings of $20.5 million, or $0.40 per share
  - EPS: $0.40 per share
  - Result: reported results
  source text: For the nine months ended April 30, 2026, we recorded a net loss attributable to Rafael Holdings of $20.5 million, or $0.40 per share, versus a net loss of $18.4 million, or $0.73 per share in the year ago period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1713863/000121390026067555/0001213900-26-067555-index.htm

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