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Frequency Electronics

FEIM

Frequency Electronics, Inc. is a global leader in precision time and frequency generation technology, specializing in high-performance systems for space and terrestrial applications.

Market cap
$635.18M+118%
Revenue$63.2M-9.4%
Net income-$903.0K-104%
Free cash flow-$1.2M-127%
EPS (diluted)-$0.09-104%
Trailing twelve months · change vs. prior year

Earnings

Next report

Sep 10, 2026 (in a month)
Revenue estimate$17.9M
EPS estimate$0.24

Financials

Q4 2026

Income statement

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Revenue$15.4M-23.0%
Gross profit$152.0K-98.0%
Operating income-$6.4M-294%
Net income-$4.9M-253%
EPS (diluted)-$0.50-256%

Balance sheet

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Cash & equivalents$2.9M-51.8%
Total debt$7.7M-12.6%
Total equity$56.4M+1.4%
Total assets$90.7M-3.2%

Cash flow

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Operating cash flow$2.1M+1,430%
CapEx$605.0K-4.1%

Valuation & ratios

Valuation

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Market cap$591.12M+118%
Enterprise value$595.83M+135%
P/S9.4×+5.7×

Profitability

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Gross margin29.1%-14.0pp
Operating margin-4.7%-21.6pp
Net margin-1.4%-35.4pp

Returns & leverage

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Return on equity-1.6%-51.2pp
Debt / equity0.1×0.0×
Current ratio2.3×0.0×

Segments

By geography

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NY$12.3M
CA$4.0M
US-$1.0M

By product

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Satellite Revenue$7.7M-36.0%
Government Non Space Revenue$6.8M-3.7%
Other Commercial Industrial Revenue$908.0K+2.0%

Competitors

Profile

Frequency Electronics, Inc. is a global leader in precision time and frequency generation technology, specializing in high-performance systems for space and terrestrial applications. The company designs and manufactures mission-critical components for commercial and government satellites, electronic warfare, and secure communication systems. Its core value proposition lies in providing high-precision digital rubidium atomic standards and low phase noise frequency generation for challenging environments.

Competitive position

A specialized leader in high-precision timing for space-qualified environments, competing primarily on technical performance and reliability rather than price.

GeographiesUnited States, Europe, Asia
Customer segmentsU.S. Department of Defense, Commercial Satellite Operators, Intelligence Agencies, Wireless Infrastructure Providers
Business modelManufacturing, Fixed-price Government Contracting, Cost-plus Government Contracting, Research and Development
SuppliersSpace-qualified electronic component suppliers, Quartz resonator manufacturers, Specialized semiconductor providers
CustomersPrime defense contractors, Satellite constellation operators, Government intelligence agencies, Telecommunications network operators
Listed1980
Employees196.0
CEOThomas McClelland
FilingsSEC EDGAR

FAQ

What is Frequency Electronics's market cap?
Frequency Electronics (FEIM) has a market capitalization of $635.2M and trades on NASDAQ.
What is Frequency Electronics's revenue and profitability?
Frequency Electronics generated $63.2M in trailing twelve-month revenue with a net loss of $903.0K, representing a net margin of -1.4%. Gross margin stands at 29.1%, with free cash flow of -$1.2M. These figures are based on the Q2 2026 filing.
Who are Frequency Electronics's competitors?
Frequency Electronics's key competitors include Mercury Systems, Inc., Northrop Grumman, Lockheed Martin, and others. These companies compete in similar markets and product categories.
Who does Frequency Electronics partner with?
Frequency Electronics's notable partners include Morion, Inc..
What subsidiaries does Frequency Electronics have?
Frequency Electronics's subsidiaries include FEI Government Systems, Inc., FEI Communications, Inc., FEI-Elcom Tech, Inc., and others.
Where is Frequency Electronics headquartered?
Frequency Electronics is headquartered in United States of America and employs approximately 196 people. It has been publicly traded since 1980.