Key facts
- Raspberry Pi's profit more than tripled in the first half of the year.
- The company expects adjusted earnings of at least $38 million for the first half of 2026.
- Raspberry Pi's stock rose as much as 25% in early trading on Friday.
- The company's market value reached approximately £2 billion.
- More than four million units are expected to be sold in the half-year.
Raspberry Pi's profit more than tripled in the first half of the year, driven by strong demand for its low-cost computers and price increases. The Cambridge-based firm has raised its profit expectations, anticipating adjusted earnings of at least $38 million for the first half of 2026. This update led to a significant surge in its stock price, which climbed as much as 25% in early trading on Friday, boosting its market value to approximately £2 billion. The company cited robust demand for its products, with expectations of selling over four million units in the half-year. These credit card-sized computers are increasingly being utilized in the creation of AI-powered devices, offering a more affordable alternative to specialized hardware.