RASPBERRY PI HOLDINGS PLC - Final results for the year ended 31 December 2025

Raspberry Pi Holdings PLC (RPI:LSE) delivered a strong 2025 investor update, highlighting robust company performance with shipments rising 9% to 7.8 million units and EBITDA increasing 25% to 46.4 million, supported by improved margins and product mix. Revenue growth was driven by higher unit volumes, pricing actions, and strong demand across key markets including the United States and China, while gross profit increased 23% with stable margins of 24%. The company’s semiconductor business reached a milestone, with chip sales up 47% to 8.4 million units, surpassing board sales for the first time and expanding its total addressable market. Strategic progress included new product launches, expansion of Raspberry Pi Connect to over 500,000 registered devices, and growing traction with industrial OEM customers through its board to board programme. Despite supply chain pressures from rising memory costs, management expects continued revenue growth in 2026, albeit with some margin compression, while maintaining focus on profit per unit. With a solid order book, strong demand momentum, and investments in edge AI, software, and semiconductors, Raspberry Pi is well positioned to execute its long term growth strategy and enhance shareholder value.