Frequency Electronics, Inc. (FEIM) Income Statement
FEIM FY2026 at a glance
Fiscal year ended April 30, 2026 · U.S. dollarsFEIM revenue and net income
Where FEIM's revenue goes
FY2026Each bar shows an amount and its share of revenue. FEIM kept −1.4% of revenue as net income.
FEIM profit margins
FEIM growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −9.4% | +15.7% | +3.1% | +0.5% |
| Gross profit | −38.9% | +32.8% | +1.7% | −1.0% |
| Operating income | −125.6% | — | — | — |
| Net income | −103.8% | — | — | — |
| EPS (diluted) | −103.6% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
FEIM quarterly EPS vs estimates
Frequency Electronics beat the analyst EPS estimate in 2 of the last 6 quarters. Next report: December 10, 2026 (estimate $0.20).
FEIM income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $63.2M | $69.8M | $55.3M | $40.8M | $48.3M | $54.3M | $41.5M | $49.5M | $39.4M | $50.4M |
| Cost of revenue | $44.8M | $39.7M | $36.7M | $32.9M | $39.7M | $37.3M | $35.7M | $33.7M | $34.2M | $39.1M |
| Gross profit | $18.4M | $30.1M | $18.6M | $7.8M | $8.6M | $16.9M | $5.8M | $15.8M | $5.2M | $11.2M |
| Research & development | $6.0M | $6.1M | $3.4M | $3.1M | $5.0M | $4.7M | $5.1M | $6.5M | $7.0M | $6.9M |
| Sales, general & admin | $15.4M | $12.3M | $10.2M | $9.4M | $11.7M | $13.2M | $11.6M | $12.1M | $10.6M | $11.9M |
| Total operating expenses | $21.4M | $18.4M | $13.6M | $12.5M | $16.6M | $17.9M | $16.7M | $18.6M | $17.6M | $18.8M |
| Operating income | −$3.0M | $11.7M | $5.0M | −$4.7M | −$8.0M | −$958,000 | −$10.9M | −$2.8M | −$12.4M | −$7.5M |
| Interest income | — | — | — | — | $172,000 | $1.4M | $846,000 | $83,000 | $79,000 | $150,000 |
| Interest expense | $87,000 | $104,000 | $109,000 | $755,000 | $77,000 | $127,000 | $107,000 | $83,000 | $79,000 | $150,000 |
| Income before taxes | −$2.9M | $12.1M | $5.5M | −$5.4M | −$8.7M | $476,000 | −$11.7M | −$2.5M | −$11.3M | −$7.0M |
| Income taxes | $2.0M | −$11.5M | −$130,000 | $74,000 | $1,000 | −$204,000 | −$1.7M | $56,000 | $11.2M | −$2.1M |
| Net income | −$903,000 | $23.8M | $5.6M | −$5.5M | −$8.7M | $680,000 | −$10.0M | −$2.5M | −$23.8M | −$4.8M |
| EBITDA | −$1.0M | $14.3M | $7.7M | −$2.2M | −$5.6M | $2.3M | −$7.6M | −$15,000 | −$8.7M | −$4.3M |
| EPS (diluted) | −$0.09 | $2.47 | $0.59 | −$0.58 | −$0.94 | $0.07 | −$1.10 | −$0.28 | −$3.20 | −$0.42 |
| Gross margin | 29.1% | 43.1% | 33.6% | 19.2% | 17.8% | 31.2% | 13.9% | 31.9% | 13.1% | 22.3% |
| Operating margin | −4.7% | 16.8% | 9.1% | −11.5% | −16.6% | −1.8% | −26.2% | −5.7% | −31.5% | −14.9% |
| Net margin | −1.4% | 34.1% | 10.1% | −13.5% | −17.9% | 1.3% | −24.1% | −5.1% | −60.3% | −9.6% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.5M | $15.4M | $16.9M | $17.1M | $13.8M | $20.0M | $18.9M | $15.8M | $15.1M | $15.6M | $13.7M | $13.6M |
| Cost of revenue | $12.7M | $15.2M | $10.3M | $10.6M | $8.7M | $12.5M | $10.6M | $8.2M | $8.4M | $9.3M | $10.6M | $9.2M |
| Gross profit | $10.8M | $152,000 | $6.6M | $6.5M | $5.1M | $7.5M | $8.3M | $7.6M | $6.7M | $6.3M | $3.1M | $4.3M |
| Research & development | $1.4M | $1.9M | $1.8M | $1.2M | $1.1M | $1.5M | $1.4M | $1.6M | $1.5M | $1.1M | $958,000 | $840,000 |
| Sales, general & admin | $4.1M | $4.6M | $3.6M | $3.6M | $3.6M | $2.7M | $3.4M | $3.4M | $2.8M | $2.7M | $2.6M | $2.6M |
| Total operating expenses | $5.5M | $6.5M | $5.4M | $4.8M | $4.7M | $4.2M | $4.8M | $5.0M | $4.3M | $13.1M | $3.6M | $3.4M |
| Operating income | $5.2M | −$6.3M | $1.3M | $1.7M | $364,000 | $3.3M | $3.5M | $2.6M | $2.4M | $2.5M | −$473,000 | $938,000 |
| Interest expense | $19,000 | $66,000 | $21,000 | $22,000 | $23,000 | $25,000 | $26,000 | $27,000 | $26,000 | $23,000 | $27,000 | $29,000 |
| Income before taxes | $5.2M | −$6.7M | $1.4M | $1.8M | $557,000 | $3.2M | $3.6M | $2.8M | $2.6M | $2.5M | $136,000 | $803,000 |
| Income taxes | $1.0M | $2.2M | −$127,000 | −$31,000 | −$77,000 | $10,000 | −$11.8M | $139,000 | $133,000 | — | $6,000 | $6,000 |
| Net income | $4.2M | −$4.9M | $1.6M | $1.8M | $634,000 | $3.2M | $15.4M | $2.7M | $2.4M | $2.6M | $130,000 | $797,000 |
| EBITDA | $5.5M | −$6.2M | $1.5M | $1.8M | $557,000 | $5.3M | $3.6M | $3.4M | $3.0M | — | $771,500 | $832,000 |
| EPS (diluted) | $0.41 | −$0.50 | $0.16 | $0.18 | $0.07 | $0.34 | $1.60 | $0.28 | $0.25 | $0.28 | $0.01 | $0.08 |
| Gross margin | 45.8% | 1.0% | 39.2% | 38.2% | 36.8% | 37.5% | 43.8% | 48.2% | 44.4% | 40.3% | 22.6% | 31.9% |
| Operating margin | 22.2% | −41.2% | 7.5% | 10.0% | 2.6% | 16.4% | 18.3% | 16.5% | 15.7% | 16.0% | −3.4% | 6.9% |
| Net margin | 18.0% | −31.9% | 9.3% | 10.5% | 4.6% | 16.0% | 81.4% | 16.8% | 16.1% | 16.9% | 0.9% | 5.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FEIM's financial statements (latest annual report filed July 17, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FEIM financial results
In fiscal year 2026 (ended April 30, 2026), Frequency Electronics reported revenue of $63.2 million, down 9.4% from the year before. It had a net loss of $0.9 million, a net profit margin of −1.4%. Diluted earnings per share came to −$0.09. Over five years revenue grew at an average rate of 3.1% a year.
See the FEIM stock overview for the latest quote and news, or the FEIM chart for price history and technical indicators.
FEIM income statement FAQ
What is Frequency Electronics's annual revenue?
Frequency Electronics reported total revenue of $63.2 million for fiscal year 2026, which ended on April 30, 2026. That was down 9.4% from $69.8 million the previous year.
Is Frequency Electronics profitable?
No. Frequency Electronics reported a net loss of $0.9 million in fiscal 2026, a net profit margin of −1.4%; its operating margin was −4.7%.
What is Frequency Electronics's gross margin?
Frequency Electronics's gross margin was 29.1% in fiscal 2026: for every $100 of revenue, Frequency Electronics kept $29 after the direct cost of its products and services.
How much does Frequency Electronics spend on research and development?
Frequency Electronics spent $6.0 million on research and development in fiscal 2026, 9.5% of revenue.
How fast is Frequency Electronics growing?
Revenue grew 3.1% a year on average over the last five fiscal years, from $54.3 million to $63.2 million.
What are Frequency Electronics's earnings per share?
Frequency Electronics earned $-0.09 per diluted share in fiscal 2026, compared with $2.47 a year earlier.
When will Frequency Electronics report its next earnings?
Frequency Electronics is expected to report results for the quarter ending October 31, 2026 on December 10, 2026 after the market closes.
When does Frequency Electronics's fiscal year end?
Frequency Electronics's fiscal year ends in April. The latest annual report covers the year ended April 30, 2026 and was filed on July 17, 2026.