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Rand Capital Corporation (RAND) Financial History

4 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

Financial Services · Asset Management · DATA UPDATED 2026-07-13

Rand Capital Corporation (RAND) operates in the Asset Management industry and is headquartered in Buffalo, United States. Its market capitalization is roughly $30 million. In the fiscal year ended 2025-12-31, RAND reported ($6M) in revenue and ($8M) in net income.

Rand Capital Corporation is a business development company specializing in subordinated debt with warrants or preferred equity and venture capital investments. Within private equity, the firm specializing in capital growth and lower middle market investments.

Interactive charts & full statements → Open the RAND valuation workbench →

RAND Revenue & Earnings History — Annual Income Statement

Income statement2025-12-312024-12-312023-12-312022-12-31
Total Revenue($6M)$10M$8M$1M
Net Income($8M)$9M$6M($1M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

RAND Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-03-312025-12-312025-09-302025-06-302025-03-31
Total Revenue$0M$3M($2M)($7M)$1M
Net Income($0M)$1M($2M)($8M)$1M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

RAND Free Cash Flow History

Cash flow2025-12-312024-12-312023-12-312022-12-312021-12-31
Dividends Paid($7M)($2M)($3M)($2M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

RAND Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-03-312025-12-312025-09-302025-06-302025-03-31
Dividends Paid($1M)($2M)($1M)($1M)($3M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

RAND Balance Sheet History

Balance sheet2025-12-312024-12-312023-12-312022-12-312021-12-31
Total Assets$53M$72M$81M$64M
Total Liabilities$1M$7M$20M$6M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive RAND viewer.

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