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Richards Group Posts 1.8% Q3 Revenue Growth After PharmaSystems Deal

Gross margins rose 6.5% year over year, while Packaging revenue fell 7.3%, a smaller decline than in the first half.

Packaged medical supplies sit beside compact equipment on a warehouse shelf / TokenPost.ai
Packaged medical supplies sit beside compact equipment on a warehouse shelf / TokenPost.ai

Richards Group Inc. posted 1.8% year-over-year revenue growth in the third quarter of 2026, with contributions from its May acquisition of PharmaSystems providing the main lift.

Gross margins increased 6.5% from a year earlier, supported by a stronger Healthcare mix. Growth in Healthcare came from consumables and low-price capital equipment.

Packaging revenue declined 7.3% year over year. The decline was smaller than the 14.4% drop in the first half of 2026.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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