State Ledger
Company profile

RAND CAPITAL CORP CIK 81955

Ticker
RAND (Nasdaq)
Headquarters
Buffalo, NY 14203
Fiscal year end
2025 (FY)
Market Data
Close
$10.36
Change
+$0.00
Change %
0.00%
Volume
0

RAND · trading date Oct 12, 2026 · previous close $10.36 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
—
Net income
-$8.04M
Total assets
$53.20M
Total liabilities
$1.01M
Stockholders' equity
$52.18M
Cash & equivalents
$4.21M
Operating income
—
Operating cash flow
$11.25M
Capital expenditures
—

Fiscal year 2025, via 10-K/A filed 2026-03-31. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
—
Net margin
—
Free cash flow
—
Free cash flow margin
—
Liabilities / assets
1.9%
Equity / assets
98.1%
CapEx / revenue
—
Operating cash flow / net income
-1.40×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 — -$8.04M $53.20M $1.01M $52.18M
2024 — $8.83M $72.46M $7.12M $65.33M
2023 — $6.53M $81.02M $20.21M $60.82M
2022 — -$881.8K $63.48M $5.76M $57.72M
2021 — $15.80M — — $60.75M
Company Details
State of incorporation
NY
Active filer
Yes
Most recent SEC filing
Form 40-17F2
2026-09-16
Financials filed via
Form 10-K/A
filed 2026-03-31

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Buffalo, NY 14203
1405 RAND BUILDING
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:41 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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