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Automotive Semiconductor Market Share worth $77.76 billion by 2030- Exclusive Report by The Research Insights

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CHICAGO, May 22, 2025 /PRNewswire/ — The global automotive semiconductor market size is projected to be valued at USD 44.94 billion in 2023 and reach USD 77.76 billion by 2030, growing at a CAGR of 8.1% according to a new report by The Research Insights. Advancements in vehicle electrification and autonomous driving technology alongside connectivity improvements are transforming the automotive semiconductor market. The growing dependence of vehicles on electronic systems and intelligent technologies makes semiconductors vital for advancing safety features and performance capabilities as well as enabling innovation.

For More Information and To Stay Updated on The Latest Developments in The Automotive Semiconductor Market, Download The FREE Sample Pages: https://www.theresearchinsights.com/request_sample?id=10373

Market Overview and Growth Trajectory:

Automotive Semiconductor Market Growth: According to an exhaustive report by The Research Insights, the Automotive Semiconductor Market is undergoing significant growth driven mainly by the swift expansion of electric vehicles (EVs). Electrical vehicle (EV) operations require advanced electronic systems to maintain both efficiency and safety unlike traditional internal combustion engine (ICE) vehicles. Electric vehicles are transforming the semiconductor sector because they contain much more semiconductor content compared to internal combustion engine vehicles. The automotive semiconductor market gains importance alongside the ongoing worldwide effort to promote clean mobility.

The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the automotive semiconductor market growth of 8.1% comprises a range of component, type, application and geography which are expected to register strength during the coming years.

Growth in Advanced Driver Assistance System (ADAS): Advanced Driver Assistance System (ADAS) adoption serves as a major driving force currently transforming the automotive semiconductor market. Advanced driver assistance system such as lane departure warnings and automotive emergency braking as well as adaptive cruise control and blind-spot detection have become standard features instead of premium options. Consumer expectations together with regulatory requirements for improved road safety have made advanced driver assistance system standard across all vehicle types. Vehicles increasing their intelligence and connectivity has led to a sharp rise in the demand for fast-processing chips. The development of higher autonomy levels in vehicles creates an exponential demand for robust real-time processing capabilities. The automotive semiconductor market leads the way in automotive innovation. Manufacturers continue to make substantial investments in advanced chip design and edge computing technologies that will enable vehicles to support drivers while eventually facilitating autonomous driving capabilities. The ongoing transformation in vehicle technology is creating new capabilities for vehicles and changing our methods of interaction with them.

Edge AI Integration in Automotive Semiconductors: The automotive semiconductor market sees a fundamental shift through Edge AI integration because vehicles transform from basic transportation tools to intelligent systems with responsive behaviors. Edge AI enables vehicles to process data directly on-board where the information originates instead of sending it to the cloud for analysis. Real-time decision-making during critical driving moments requires local processing because a matter of milliseconds determines safety outcomes. The car’s cameras, radar and LiDAR sensors collect data which powerful AI-enabled semiconductors inside the vehicle analyze instantly. Edge AI provides additional functionalities such as voice recognition and intelligent infotainment while offering driver monitoring to improve both personalization and intuition in the driving experience. Edge AI will become critical technology as the automotive sector advances towards fully autonomous vehicles. The emergence of edge AI technology transforms vehicle capabilities into new realms of perception and function making the automotive semiconductor market central to the rapid technological revolution.

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Rising Preference for Discrete Power Component: The automotive semiconductor market shows preference for discrete power components due to the swift shift toward electric and hybrid vehicles. MOSFETs, IGBTs, and diodes serve essential functions in power conversion management and enable motor control and battery charging operations. The essential requirements for efficient energy conversion and thermal stability in electric vehicles lead to the growing adoption of discrete power semiconductors made from wide-bandgap materials like silicon carbide and gallium nitride. The combination of their high voltage management capability and high-temperature performance makes these semiconductors key elements for inverter systems and DC-DC converters along with onboard chargers. The automotive industry’s push towards electrification and energy efficiency strengthens the discrete power segment which provides essential support for the automotive semiconductor market to meet performance and sustainability targets.

Geographical Insights: Strong investments in autonomous vehicle development and advanced driver-assistance systems (ADAS) drive the automotive semiconductor market in North America especially in the United States. Leading automotive and technology corporations are investing significant research and development resources into the creation of advanced edge computing solutions and electric vehicle technologies. The automotive semiconductor market by volume is dominated by the Asia Pacific region because major automotive companies and top semiconductor fabrication facilities operate throughout China, Japan, South Korea, and Taiwan. The automotive semiconductor market in Europe continues to grow because of the region’s commitment to sustainability, electric vehicle technology improvement and strict safety laws. The automotive sectors of Germany and France include leading OEMs and first-level suppliers which boost semiconductor requirements for electric vehicles as well as ADAS and connectivity systems within cars.

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Automotive Semiconductor Market Segmentation and Geographical Insights:

Based on component, the market is divided into processor, discrete power, sensor, memory and others. The discrete power segment held the largest share of the automotive semiconductor market in 2024.Based on vehicle type, the market is divided into passenger vehicle, light commercial vehicle (LCV) and heavy commercial vehicle (HCV). The passenger vehicle held the largest share of the automotive semiconductor market in 2024.Based on application, the market is divided into chassis, powertrain, safety, telematics & infotainment and body electronics. The body electronics segment accounted for a larger share of the automotive semiconductor market in 2024.The automotive semiconductor market is segmented into five major regions: North America, Europe, Asia Pacific, Central & South America and Middle East & Africa.

Key Players and Competitive Landscape:

The Automotive Semiconductor Market is characterized by the presence of several major players, including:

Analog Devices, Inc.Infineon Technologies AGNXP SemiconductorsRenesas Electronics CorporationRobert Bosch GmbHROHM Co., Ltd.Semiconductor Components Industries, LLCSTMicroelectronicsTexas Instruments IncorporatedToshiba Corporation

These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market.

Purchase Premium Copy of Global Automotive Semiconductor Market Size and Growth Report (2023-2030) at: https://www.theresearchinsights.com/license?id=10373

Automotive Semiconductor Market Recent Developments and Innovations:

In April 2024, Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, today announced that it has started operations at its Kofu Factory, located in Kai City, Yamanashi Prefecture, Japan.In February 2024, Infineon Technologies and Honda Motor Co. signed a Memorandum of Understanding (MoU) to build a strategic collaboration for automotive semiconductor solutions. Honda has selected Infineon as its semiconductor partner to enhance the development of competitive and advanced vehicles.In June 2023, Nidec Corporation and Renesas Electronics Corporation have agreed to collaborate on the development of semiconductor solutions for a next-generation E-Axle (X-in-1 system) that integrates EV drive motor and power electronics for electric vehicles (EVs).

Conclusion:

The automotive semiconductor market experiences a major shift because electric vehicles (EVs), advanced driver-assistance systems (ADAS), and edge AI integration all require high-performance, efficient and reliable semiconductor components. Processors maintain their status as the primary choice because they function as the central computational component for real-time decision-making and vehicle intelligence alongside connectivity functions. The transition to electrification across the world has led to significant growth in the use of discrete power semiconductors because they are essential for power conversion and energy management. The market maintains a strong outlook despite supply chain difficulties and cost pressures because of the permanent shift toward intelligent, environmentally friendly and connected transportation. The automotive semiconductor market will continue to serve as a critical foundation for future automotive innovation as cars develop into mobile data centers.

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The report from The Research Insights, therefore, provides several stakeholders—including raw material suppliers, fabless manufacturers, integrated device manufacturers (IDMs), OEMs, and end users —with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities.

With projected growth to US$ 77.76 billion by 2030, the Automotive Semiconductor Market represents a significant opportunity for raw material suppliers, fabless manufacturers, integrated device manufacturers (IDMs), OEMs, end-users, investors, industry stakeholders, and others. By staying abreast of market trends, embracing innovation, and focusing on quality and performance, companies can position themselves for success in this dynamic and evolving market landscape.

Check out more related studies published by The Research Insights:

Automotive Electronic Control Unit Market – The global automotive electronic control unit market size is expected to reach USD 156.0 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 5.9% from 2023 to 2030. The growth of this market can be attributed to the increasing demand for feature-rich vehicles and the OEMs’ emphasis on providing advanced software features.Automotive Software Market – The global automotive software market size is expected to reach USD 66.18 billion by 2030, according to a new report by The Research Insights. It is projected to register a CAGR of 15.0% during the forecast period, attributed to growing need for connected and intelligent vehicles has led to a significant surge in demand for automotive software solutions.Automotive Image Sensors Market – The global automotive image sensors market size is anticipated to reach USD 7.15 billion by 2030 and is projected to grow at a CAGR of 11.6% from 2023 to 2030, according to a new report by The Research Insights. The explosive growth of the autonomous vehicle sector has catalysed an unprecedented demand for top-tier image sensors, setting the stage for a significant expansion of the market.Automotive TIC Market – The global automotive TIC market size is anticipated to reach USD 72.51 billion by 2030, according to a new report by The Research Insights, expanding at a CAGR of 10.7% from 2023 to 2030. The global automotive testing, inspection, and certification (TIC) market is poised for significant growth, driven by the need for increasingly complex and sophisticated automotive technologies.

Browse More related reports on Technology Market – https://www.theresearchinsights.com/categories/technology

About The Research Insights:

The Research Insights provides thoroughly conducted research which is backed up by real-time statistics and data. Our experts are eager to help you with any information required under the sun. The key to our success is keeping abreast with the markets, industries, and ever-changing consumer trends that matter. Our market research professionals have in-depth knowledge and expertise across various domains that includes IT and Telecom, Emerging Technologies, Consumer Offerings, Manufacturing and Others. We are committed to reviewing the scope and procedure of the research studies that you select and provide you with an accurate guidance in order to assist you in taking the correct business decisions.

Contact Us:
If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Kaushik Roy
E-mail: sales@theresearchinsights.com
Phone: +1-312-313-8080
Website: https://www.theresearchinsights.com/

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The Inner Circle acknowledges Robert Cable, CEO as an Inner Circle Lifetime

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FAIRFAX STATION, Va., June 15, 2026 /PRNewswire/ — Prominently featured in The Inner Circle, Robert Cable, CEO is acknowledged as an Inner Circle Lifetime for his contributions to National Security and Defense Solutions.

Robert Cable has built a distinguished career in national security and defense solutions, recognized for his leadership in supporting mission critical operations and advancing technology integration for government and defense organizations. As the leader of a veteran owned small business, he delivers innovative solutions designed to enhance operational efficiency and safeguard sensitive information.

Mr. Cable specializes in national security operations, defense technology integration, and information security. His work focuses on supporting software defined warfare capabilities and ensuring that government agencies are equipped with the tools and systems necessary to maintain readiness in complex and evolving environments. His solutions emphasize reliability, efficiency, and the protection of advanced technologies.

A former United States Navy officer who achieved the rank of O5, Mr. Cable brings extensive military leadership experience to his work in the private sector. He has successfully transitioned his service background into building and leading a business that supports critical national security initiatives and defense operations on a global scale.

Throughout his career, Mr. Cable has remained committed to mission driven leadership and teamwork. His philosophy emphasizes rapid response, collaboration, and the importance of viewing colleagues as teammates working toward a shared objective. This approach has contributed to the continued growth and effectiveness of his organization.

In addition to his professional accomplishments, Mr. Cable maintains affiliations with organizations such as the Navy League and the Capitol Hill Club. He values the support of his family, friends, and teammates, who have played an important role in his journey. He is also a proud father of two sons and acknowledges his daughter in law, who serves as the company’s lead scientist.

Outside of his professional work, he enjoys hot rods, outdoor activities, and sports, maintaining a balanced lifestyle while continuing to pursue excellence in his field.

Looking ahead, Mr. Cable remains focused on addressing complex national security challenges and developing innovative solutions that strengthen operational readiness and defense capabilities.

Guided by a philosophy rooted in tenacity, teamwork, and mission focus, Mr. Cable continues to make a meaningful impact in the field of national security and defense.

Contact: Katherine Green, 516-825-5634, editorialteam@continentalwhoswho.com

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SOURCE The Inner Circle

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Inseye Tiny® Behavioral Co-Processor Unveiled at AWE USA 2026

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Industry-first innovation brings always-on user context and intentional UI to next-generation intelligent eyewear collections

LONG BEACH, Calif. and DOVER, Del., June 15, 2026 /PRNewswire/ — Inseye Technologies Inc. today announced that it will introduce and demonstrate Inseye Tiny®, its latest eye-motion sensor at AWE USA 2026 (Booth #1046) in Long Beach, California.

Behavioral co-processor: always-on | <10 mW | 100 Hz | camera-free & zero moving partsBehavioral signals bring user context to AI assistanceIntuitive gaze gestures drive intentional user interfaces (UI)Inseye is on track for Q4 2026 eval kit shipments to OEM partnersLive at AWE Builder’s Stage: June 16, 3:45pm (Promenade Room 104B) “From Eye Movements to User Context: Building More Personal AI Glasses with Inseye Tiny®” Speaker: Piotr Krukowski, CEO, Inseye TechnologiesVisit Inseye at Booth #1046 for in-person demos

Leading OEMs are rapidly scaling the number of sensors including cameras, microphones, and other inputs that connect with multimodal AI models to serve intelligent assistance to users of artificial intelligence (AI) glasses. But one critical signal remained elusive until now: the understanding of the user’s state and intent.

Enabling Contextual AI Assistance: Knowing How to Help & When to Stay Quiet

“A truly intelligent assistant is never intrusive but always understands precisely if and how the user needs help and which experience to activate next,” said Piotr Krukowski, CEO of Inseye Technologies. “When the user is in a focused state of flow, the best interface is likely no interface at all. Inseye Tiny® provides AI glasses with this high-fidelity behavioral signal while also meeting the most demanding form factor, weight, robustness, and power requirements of everyday eyewear.”

The Behavioral Layer: Understanding User Activities

“Inseye Tiny® samples eye-movement with high temporal resolution and decodes patterns associated with visual tasks such as reading or scanning text, searching, focus stability, context switching, distraction, and other user activies,” explains Michal Meina, CTO of Inseye Technologies. “We then infer signals about user behavior and state and deliver these to the application layer. By analyzing these behavioral patterns over days and weeks, Tiny® can help users understand when they work best, when their focus tends to drift, and how different environments or routines affect their productivity. Additionally, it is Inseye’s camera-free sensing technology and zero moving parts that make our solution privacy-first and ultra-robust by design. Tiny® is uniquely fit to function in sensitive and harsh environments.”

The UI Layer: From Intuitive Gaze Gestures to Intentional UI

“The human gaze is not a mouse pointer,” said Klaudia Borowczyk, COO of Inseye Technologies. “With Inseye Tiny® we are now able to detect and evaluate subtle, intuitive gaze patterns (“gaze gestures”), infer the user’s intent, and complete short and satisfying UI interactions.”

The UI layer supports all frequently used actions such as activating the display, selecting an app, scrolling text, answering/rejecting incoming calls, switching dashboards, or unfolding a notification.

Combining the UI and behavioral layer helps developers build low friction experiences with a deeper, contextual understanding of the user.

“The result is a shift from reactive AI glasses to proactive AI glasses: systems that respond not only to external events, but also use user attention, intent, and current activity to decide which choices to present and which action to take next” summarized Klaudia Borowczyk, “And we can’t wait to see the experiences you will build on Inseye Tiny®.”

Evaluation Kit Availability

Inseye announces that it has successfully started pilot manufacturing and is now taking pre-orders from qualified OEMs, ODMs, and eyewear companies. The company plans to ship Inseye Tiny® evaluation kits and support integration, verification, and validation projects starting November 2026. To submit a pre-order request for quotation, please visit https://inseye.tech/en/request-devkit/

About Inseye Technologies

Inseye Technologies develops ultra-low-power eye-sensing systems for intelligent eyewear. The company focuses on camera-free, miniaturized sensing architectures that transform eye movement into behavioral signals for context-aware AI interaction, productivity, well-being, and privacy-preserving user context. Inseye operates with a distributed team across Europe, North America, and Asia. For more information, please visit https://inseye.tech/

Forward-Looking Statements
This press release contains forward-looking statements, including statements regarding product development, pilot manufacturing, evaluation kit availability, pre-orders, OEM integration, and future commercialization plans. These statements are based on current expectations and are subject to manufacturing, engineering, supply-chain, and market-adoption risks. Inseye Tiny® productivity and well-being features are intended to provide behavioral insights and are not intended to diagnose, treat, cure, or prevent any disease or medical condition.

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SOURCE Inseye Technologies, Inc

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McRAE INDUSTRIES, INC. REPORTS EARNINGS FOR THE THIRD QUARTER AND FIRST NINE MONTHS OF FISCAL 2026

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MOUNT GILEAD, N.C., June 15, 2026 /PRNewswire/ — McRae Industries, Inc. (Pink Sheets: MCRAA and MCRAB) reported consolidated net revenues for the third quarter of fiscal 2026 of $27,418,000 as compared to $30,870,000 for the third quarter of fiscal 2025. Net earnings for the third quarter of fiscal 2026 amounted to $858,000, or $0.38 per diluted Class A common share, as compared to $3,160,000, or $1.40 per diluted Class A common share, for the third quarter of fiscal 2025.

Consolidated net revenues for the first nine months of fiscal 2026 totaled $86,569,000 as compared to $87,120,000 for the first nine months of fiscal 2025. Net earnings for the first nine months of fiscal 2026 amounted to $3,262,000, or $1.45 per diluted Class A common share, as compared to net earnings of $6,059,000, or $2.68 per diluted Class A common share, for the first nine months of fiscal 2025.

THIRD QUARTER FISCAL 2026 COMPARED TO THIRD QUARTER FISCAL 2025

Consolidated net revenues totaled $27.4 million for the third quarter of fiscal 2026 as compared to $30.9 million for the third quarter of fiscal 2025. Sales related to our western/lifestyle boot products for the third quarter of fiscal 2026 totaled $19.7 million as compared to $20.2 million for the third quarter of fiscal 2025. This decrease in net revenues was mainly driven by a decrease in our Laredo brand. Revenues from our work boot products decreased from $8.7 million for the third quarter of fiscal 2025 to $7.9 million for the third quarter of fiscal 2026. This was primarily a result of decreased orders on military boots. Additionally, third quarter revenues for fiscal 2025 included $2.0 million in land sales through our affiliate American Mortgage Investment Company (AMIC).

Consolidated gross profit for the third quarter of fiscal 2026 amounted to approximately $6.9 million as compared to $9.8 million for the third quarter of fiscal 2025. Gross profit, as a percentage of net revenues, decreased from 31.7% for the third quarter of fiscal 2025 to 25.2% for the third quarter of fiscal 2026. Gross profit in the prior year was positively affected by $1.6 million from the land sale mentioned above. Our margins have also been negatively impacted by tariffs, as we paid $0.8 million in the third quarter for tariffs. Based on current information, we are seeking a refund for these tariff costs (as well as tariff costs for prior periods) but there can be no assurance we will receive any such refunds.

Consolidated selling, general and administrative expenses totaled approximately $6.1 million for the third quarter of fiscal 2026 as compared to $6.3 million for the third quarter of fiscal 2025. This decrease resulted primarily from decreased commissions, offset by an increase in marketing expenses.

As a result of the above, the consolidated operating profit for the third quarter of fiscal 2026 amounted to $0.8 million as compared to $3.5 million for the third quarter of fiscal 2025.

FIRST NINE MONTHS FISCAL 2026 COMPARED TO FIRST NINE MONTHS FISCAL 2025

Consolidated net revenues for the first nine months of fiscal 2026 totaled $86.6 million as compared to $87.1 million for the first nine months of fiscal 2025. Our western and lifestyle product sales totaled $63.8 million for the first nine months of fiscal 2026 as compared to $61.6 million for the first nine months of fiscal 2025. This increase in net revenues was driven by an increase in our Dan Post and Dingo brands, offset by a decrease in our Laredo and El Dorado brands. Net revenues from our work boot business decreased from $24.2 million for the first nine months of fiscal 2025 to $23.3 million for the first nine months of fiscal 2026. This decrease was in our Dan Post and Laredo work brands.

Consolidated gross profit totaled $22.1 million, or 25.6%, for the first nine months of fiscal 2026 as compared to $25.3 million, or 29.0%, for the first nine months of fiscal 2025. This decrease was not only driven by the land sale mentioned above, but also $3.0 million in tariffs paid in this fiscal year. Based on current information, we are seeking a refund for these tariff costs (as well as tariff costs for prior periods) but there can be no assurance we will receive any such refunds.

Consolidated selling, general and administrative expenses totaled approximately $19.5 million for the first nine months of fiscal 2026 as compared to $19.2 million for the first nine months of fiscal 2025. This increase resulted primarily from increased marketing expenses.

As a result of the above, the consolidated operating profit amounted to $2.6 million for the first nine months of fiscal 2026 as compared to $6.1 million for the first nine months of fiscal 2025.

On April 29th, 2026, McRae Industries, Inc. received a contract award from The United States Government DLA Troops Support for Airforce temperate weather boots. This contract has a 36 month ordering period with first delivery no later than 150 days from contract award. The estimated dollar amount for the award is $15,441,664.

Financial Condition and Liquidity

Our financial condition remained strong at May 2, 2026 as cash and cash equivalents totaled $20.6 million as compared to $31.6 million at August 2, 2025. Our working capital decreased from $85.9 million at August 2, 2025 to $72.5 million at May 2, 2026.

We currently have two lines of credit totaling $6.75 million, all of which was fully available at May 2, 2026. One credit line totaling $1.75 million (which is restricted to one hundred percent of the outstanding receivables due from the Government) expires in January 2027. Our $5.0 million line of credit, which also expires in January 2027, is secured by the inventory and accounts receivable of our Dan Post Boot Company subsidiary.

For the first nine months of fiscal 2026, operating activities provided approximately $4.5 million of cash. Net earnings, as adjusted for depreciation and other non-cash items, contributed approximately $3.2 million of cash. Increased accounts receivable and decreased employee benefits liabilities used approximately $2.0 million of cash. Decreased accounts payable and other assets provided approximately $2.5 million of cash.

Net cash used by investing activities totaled approximately $13.6 million, primarily due to the purchase of fixed assets and securities, offset by the sale of securities.

Net cash used in financing activities totaled $1.8 million, which was used primarily for dividend payments and the repurchase of stock.

We believe that our current cash and cash equivalents, cash generated from operations, and available credit lines will be sufficient to meet our capital requirements for the remainder of fiscal 2026.

Forward-Looking Statements

This press release includes certain forward-looking statements. Important factors that could cause actual results or events to differ materially from those projected, estimated, assumed or anticipated in any such forward-looking statements include: the effect of competitive products and pricing, the potential impact of tariffs on our business, uncertainties concerning the tariff refund program announced in March 2026, risks unique to selling goods to the Government (including variation in the Government’s requirements for our products and the Government’s ability to terminate its contracts with vendors), changes in fashion cycles and trends in the western boot business, loss of key customers, acquisitions, supply interruptions, additional financing requirements, our expectations about future Government orders for military boots, loss of key management personnel, our ability to successfully develop new products and services, and the effect of general economic conditions in our markets.

McRae Industries, Inc. and Subsidiaries

CONSOLIDATED BALANCE SHEETS

(In thousands, except share data)

(Unaudited)

May 2,
2026

August 2,
2025

ASSETS

Current assets: 

Cash and cash equivalents

$20,634

$31,593

Equity investments

9,383

8,730

Debt securities

4,963

6,786

Accounts receivable, net

18,945

17,836

Inventories, net

24,325

24,599

Income tax receivable

350

639

Prepaid expenses and other current assets

577

1,611

Total current assets

79,178

91,794

Property and equipment, net

8,824

5,274

Other assets:

Deposits

3

14

Right to Use Asset

1,174

1,589

Real estate held for investment

2,321

2,311

Debt securities

16,327

5,032

Trademarks

2,824

2,824

Total other assets

22,648

11,770

Total assets

$110,650

$108,838

 

McRae Industries, Inc. and Subsidiaries

CONSOLIDATED BALANCE SHEETS

(In thousands, except share data)

(Unaudited)

May 2,
2026

August 2,
2025

LIABILITIES AND SHAREHOLDERS’ EQUITY

Current liabilities: 

Accounts payable

$3,577

$2,093

Accrued employee benefits

548

1,232

Accrued payroll and payroll taxes

973

823

Lease liability

555

555

Other

980

1,143

Total current liabilities

6,633

5,846

Lease liability

619

1,034

Deferred tax liabilities

382

382

Total liabilities

7,634

7,262

Shareholders’ equity:

Common Stock:

Class A, $1 par value; authorized 5,000,000 shares
   issued and outstanding, 1,888,332 and 1,892,793
   shares, respectively

1,888

1,893

Class B, $1 par value; authorized 2,500,000 shares;
   issued and outstanding, 361,904 and 362,977
   shares, respectively

362

363

Retained earnings

100,766

99,320

Total shareholders’ equity

103,016

101,576

Total liabilities and shareholders’ equity

$110,650

$108,838

 

McRae Industries, Inc. and Subsidiaries

CONSOLIDATED STATEMENTS OF OPERATIONS

(In thousands, except share data)

(Unaudited)

Three Months Ended

Nine Months Ended

May 2,

May 3,

May 2,

May 3,

2026

2025

2026

2025

Net revenues

$27,418

$30,870

$86,569

$87,120

Cost of revenues

20,520

21,077

64,420

61,859

Gross profit

6,898

9,793

22,149

25,261

Selling, general and administrative expenses

6,114

6,279

19,508

19,190

Operating profit 

784

3,514

2,641

6,071

Other income

427

271

1,869

1,733

Earnings before income taxes

1,211

3,785

4,510

7,804

Provision for income taxes

353

625

1,248

1,745

Net earnings 

$858

$3,160

$3,262

$6,059

Earnings per common share:

     Diluted earnings per share:

        Class A

0.38

1.40

1.45

2.68

        Class B

NA

NA

NA

NA

Weighted average number of common shares outstanding:

       Class A

1,892,499

1,895,011

1,892,695

1,895,893

       Class B

362,906

363,509

362,953

363,720

        Total

2,255,405

2,258,520

2,255,648

2,259,613

 

McRae Industries, Inc. and Subsidiaries

CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY

(In thousands, except share data)

(Unaudited)

Common Stock, $1 par value

Accumulated Other

Class A

Class B

Comprehensive

Retained

Shares

Amount

Shares

Amount

 Income (Loss)

 Earnings

Balance, August 3, 2024

1,896,334

$1,897

363,826

$364

$0

$94,805

Cash Dividend ($0.14 per  Class A common stock)

(265)

Cash Dividend ($0.14 per Class B common stock)

(51)

Net earnings

1,846

Balance, November 2, 2024

1,896,334

$1,897

363,826

$364

$0

$96,335

Cash Dividend ($0.84 per  Class A common stock)

(1,592)

Cash Dividend ($0.84 per Class B common stock)

(304)

Net earnings

1,053

Balance, February 1, 2025

1,896,334

$1,897

363,826

$364

$0

$95,492

Stock Buyback

(3,541)

(4)

(849)

(1)

(214)

Cash Dividend ($0.14 per  Class A common stock)

(266)

Cash Dividend ($0.14 per Class B common stock)

(51)

Net earnings

3,160

Balance, May 3, 2025

1,892,793

$1,893

362,977

$363

$0

$98,121

Common Stock, $1 par value

Accumulated Other

Class A

Class B

Comprehensive

Retained

Shares

Amount

Shares

Amount

 Income (Loss)

 Earnings

Balance, August 2, 2025

1,892,793

$1,893

362,977

$362

$0

$99,320

Cash Dividend ($0.14 per  Class A common stock)

(265)

Cash Dividend ($0.14 per Class B common stock)

(51)

Net earnings

1,449

Balance, November 1, 2025

1,892,793

$1,893

362,977

$362

$0

$100,453

Cash Dividend ($0.42 per  Class A common stock)

(795)

Cash Dividend ($0.42 per Class B common stock)

(152)

Net earnings

956

Balance, January 31, 2026

1,892,793

$1,893

362,977

$362

$0

$100,462

Stock Buyback

(4,461)

(4)

(1,073)

(1)

(238)

Cash Dividend ($0.14 per  Class A common stock)

(265)

Cash Dividend ($0.14 per Class B common stock)

(51)

Net earnings

858

Balance, May 2, 2026

1,888,332

$1,889

361,904

$361

$0

$100,766

 

McRae Industries, Inc. and Subsidiaries

CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

(Unaudited)

Nine Months Ended

May 2,

May 3,

2026

2025

Cash Flows from Operating Activities:

Net earnings

$3,262

$6,059

Adjustments to reconcile net earnings to net cash used in operating activities

1,214

(3,810)

Net cash provided in operating activities

4,476

2,249

Cash Flows from Investing Activities:

Proceeds from sale of land

2,010

Purchase of land

(10)

Proceeds from sale of fixed assets

263

Capital expenditures

(4,125)

(669)

Purchase of securities

(14,079)

(2,216)

Proceeds from sale of securities

4,600

9,509

Net cash used in investing activities

(13,614)

8,897

Cash Flows from Financing Activities:

Repurchase company stock

(243)

(219)

Dividends paid

(1,578)

(2,529)

Net cash used in financing activities

(1,821)

(2,748)

Net (Decrease) Increase in Cash and Cash equivalents

(10,959)

8,398

Cash and Cash Equivalents at Beginning of Year

31,593

20,723

Cash and Cash Equivalents at End of Period

$20,634

$29,121

 

View original content:https://www.prnewswire.com/news-releases/mcrae-industries-inc-reports-earnings-for-the-third-quarter-and-first-nine-months-of-fiscal-2026-302800719.html

SOURCE McRae Industries, Inc.

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