Franklin Wireless Corp. (FKWL) Income Statement
FKWL FY2026 at a glance
Fiscal year ended June 30, 2026 · U.S. dollarsFKWL revenue and net income
Where FKWL's revenue goes
FY2026Each bar shows an amount and its share of revenue. FKWL kept −13.0% of revenue as net income.
FKWL profit margins
FKWL growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −20.8% | −7.4% | −27.6% | −4.8% |
| Gross profit | −21.0% | −3.8% | −28.1% | −4.5% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
FKWL quarterly EPS vs estimates
Franklin Wireless beat the analyst EPS estimate in 3 of the last 5 quarters. Next report: November 13, 2026.
FKWL income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $36.5M | $46.1M | $30.8M | $45.9M | $24.0M | $184.1M | $75.1M | $36.5M | $30.1M | $48.6M |
| Cost of revenue | $30.3M | $38.2M | $27.3M | $38.9M | $20.2M | $151.7M | $60.5M | $30.7M | $24.9M | $39.3M |
| Gross profit | $6.3M | $7.9M | $3.5M | $7.0M | $3.8M | $32.5M | $14.5M | $5.7M | $5.2M | $9.2M |
| Research & development | $3.2M | $4.1M | $3.4M | $3.9M | $4.3M | $4.6M | $3.7M | $3.0M | $3.4M | $3.4M |
| Sales, general & admin | — | $6.7M | $6.0M | $5.5M | $4.5M | $5.1M | $3.7M | $4.9M | $4.5M | $4.9M |
| Total operating expenses | $8.9M | $10.8M | $9.4M | $9.4M | $8.8M | $9.6M | $7.4M | $7.8M | $7.6M | $8.3M |
| Operating income | −$2.7M | −$2.9M | −$5.9M | −$2.3M | −$5.0M | $22.8M | $7.1M | −$2.0M | −$2.7M | $874,379 |
| Interest income | — | $695,127 | $804,148 | $459,869 | $71,375 | $8,789 | $159,749 | $138,462 | $10,007 | $9,650 |
| Interest expense | — | — | — | — | $71,375 | $260,154 | $163,487 | $338,387 | $10,007 | $9,650 |
| Income before taxes | −$7.1M | −$185,596 | −$5.1M | −$3.8M | −$4.7M | $23.4M | $7.3M | −$1.9M | −$2.4M | $1.1M |
| Income taxes | −$2.3M | −$45,167 | −$949,300 | −$886,659 | −$1.0M | $5.0M | $1.4M | −$428,745 | −$186,973 | $374,587 |
| Net income | −$4.7M | −$243,101 | −$4.0M | −$2.9M | −$3.8M | $17.7M | $5.6M | −$1.5M | −$2.1M | $873,960 |
| EBITDA | −$2.1M | $674,620 | −$4.9M | −$1.1M | −$3.9M | $23.9M | $8.0M | −$1.4M | −$1.8M | $1.8M |
| EPS (diluted) | −$0.02 | −$0.02 | −$0.34 | −$0.24 | −$0.33 | $1.54 | $0.51 | −$0.11 | −$0.13 | $0.08 |
| Gross margin | 17.1% | 17.2% | 11.4% | 15.3% | 15.9% | 17.6% | 19.3% | 15.7% | 17.3% | 19.0% |
| Operating margin | −7.3% | −6.2% | −19.3% | −5.1% | −20.7% | 12.4% | 9.4% | −5.6% | −9.0% | 1.8% |
| Net margin | −13.0% | −0.5% | −12.9% | −6.2% | −15.7% | 9.6% | 7.4% | −4.0% | −7.0% | 1.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.4M | $3.4M | $11.9M | $12.7M | $6.9M | $8.0M | $17.8M | $13.3M | $6.1M | $6.2M | $8.8M | $9.7M |
| Cost of revenue | $7.6M | $2.9M | $9.9M | $9.8M | $5.7M | $6.7M | $14.6M | $11.3M | $5.5M | $5.7M | $8.0M | $8.1M |
| Gross profit | $757,857 | $545,401 | $2.0M | $2.9M | $1.2M | $1.3M | $3.2M | $2.1M | $640,666 | $509,900 | $827,955 | $1.5M |
| Research & development | $690,890 | $816,331 | $776,818 | $949,752 | $1.4M | $794,213 | $927,238 | $1.0M | $875,471 | $811,470 | $852,854 | $866,955 |
| Sales, general & admin | — | $1.2M | $1.2M | $1.4M | $1.2M | $2.5M | $1.5M | $1.4M | $2.0M | $1.3M | $1.5M | $1.2M |
| Total operating expenses | $2.6M | $2.1M | $2.0M | $2.3M | $2.6M | $3.3M | $2.4M | $2.4M | $2.9M | $2.1M | $2.4M | $2.1M |
| Operating income | −$1.8M | −$1.5M | $48,717 | $590,380 | −$1.3M | −$2.0M | $795,231 | −$372,783 | −$2.2M | −$1.6M | −$1.6M | −$584,517 |
| Interest income | — | $104,094 | $130,592 | $151,626 | $156,021 | $184,254 | $173,048 | $181,804 | $242,947 | $155,433 | $151,753 | $254,015 |
| Income before taxes | −$6.4M | −$1.8M | $502,931 | $593,184 | −$331,300 | −$635,114 | $84,282 | $696,536 | −$2.2M | −$1.6M | −$864,816 | −$387,261 |
| Income taxes | −$198,907 | −$18,739 | $36,266 | $42,648 | −$263,366 | $2,592 | $167,727 | $47,880 | −$371,319 | −$312,764 | −$215,157 | −$50,060 |
| Net income | −$4.4M | −$1.6M | $533,622 | $640,478 | −$342,242 | −$644,786 | $228,740 | $515,186 | −$1.8M | −$1.2M | −$764,615 | −$257,696 |
| EBITDA | −$1.7M | −$1.7M | $685,015 | $799,723 | −$151,453 | −$443,301 | $353,977 | $958,390 | −$1.9M | −$1.5M | −$1.2M | −$241,174 |
| EPS (diluted) | $0.01 | −$0.13 | $0.05 | $0.05 | −$0.03 | −$0.05 | $0.02 | $0.04 | −$0.15 | −$0.10 | −$0.06 | −$0.02 |
| Gross margin | 9.0% | 15.8% | 17.1% | 22.8% | 18.0% | 16.8% | 18.1% | 15.5% | 10.5% | 8.3% | 9.4% | 15.7% |
| Operating margin | −21.5% | −43.9% | 0.4% | 4.6% | −19.0% | −24.6% | 4.5% | −2.8% | −36.7% | −25.2% | −17.6% | −6.1% |
| Net margin | −51.9% | −45.2% | 4.5% | 5.0% | −4.9% | −8.1% | 1.3% | 3.9% | −28.9% | −19.0% | −8.6% | −2.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FKWL's financial statements (latest annual report filed September 28, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FKWL financial results
In fiscal year 2026 (ended June 30, 2026), Franklin Wireless reported revenue of $36.5 million, down 20.8% from the year before. It had a net loss of $4.7 million, a net profit margin of −13.0%. Diluted earnings per share came to −$0.02. Over five years revenue grew at an average rate of −27.6% a year.
See the FKWL stock overview for the latest quote and news, or the FKWL chart for price history and technical indicators.
FKWL income statement FAQ
What is Franklin Wireless's annual revenue?
Franklin Wireless reported total revenue of $36.5 million for fiscal year 2026, which ended on June 30, 2026. That was down 20.8% from $46.1 million the previous year.
Is Franklin Wireless profitable?
No. Franklin Wireless reported a net loss of $4.7 million in fiscal 2026, a net profit margin of −13.0%; its operating margin was −7.3%.
What is Franklin Wireless's gross margin?
Franklin Wireless's gross margin was 17.1% in fiscal 2026: for every $100 of revenue, Franklin Wireless kept $17 after the direct cost of its products and services.
How much does Franklin Wireless spend on research and development?
Franklin Wireless spent $3.2 million on research and development in fiscal 2026, 8.9% of revenue.
How fast is Franklin Wireless growing?
Revenue grew −27.6% a year on average over the last five fiscal years, from $184.1 million to $36.5 million.
What are Franklin Wireless's earnings per share?
Franklin Wireless earned $-0.02 per diluted share in fiscal 2026, compared with $-0.02 a year earlier.
When will Franklin Wireless report its next earnings?
Franklin Wireless is expected to report results for the quarter ending September 30, 2026 on November 13, 2026.
When does Franklin Wireless's fiscal year end?
Franklin Wireless's fiscal year ends in June. The latest annual report covers the year ended June 30, 2026 and was filed on September 28, 2026.