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Other financials

Income statement

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Revenue$15.4M-23.0%
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%
Free cash flow-$2.3M+42.3%

Valuation

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Market cap$815.53M+187%
Enterprise value$820.25M+187%
P/S12.9×+8.8×

Profitability

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Gross margin29.1%-14.0pp
Operating margin-4.7%-21.6pp
Net margin-1.4%-35.4pp
FCF margin-5.6%-12.1pp

Returns & leverage

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

Where this comes from

Calculated from Frequency Electronics’s reported figures.

The source filing: Frequency Electronics’s 10-K, filed July 17, 2026.

Filed
Jul 16, 2026, 8:00 PM EDT
Fiscal year
FY2026
Accession
0001185185-26-002997
Line itemYears Ended April 30, 2026Years Ended April 30, 2025
Consolidated Statements of Operations
Revenues$63,227$69,811
Cost of revenues44,83139,714
Gross margin18,39630,097
Selling and administrative expenses15,40312,289
Research and development expenses5,9946,076
Operating (loss) income(3,001)11,732
Other income (expense):

Item 7A. Quantitative and Qualitative Disclosures About Market Risk

FAQ

What is Frequency Electronics's gross profit?
Frequency Electronics (FEIM) reported gross profit of $152K in Q1 2026.
How has Frequency Electronics's gross profit changed year-over-year?
Frequency Electronics's gross profit decreased by 98.0% year-over-year, from $7.49M to $152K.
What is the long-term trend for Frequency Electronics's gross profit?
Over 3 years (2023 to 2026), Frequency Electronics's gross profit has grown at a 32.8% compound annual growth rate (CAGR), from $7.85M to $18.4M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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