NASDAQ : FEIM
Frequency Electronics, Inc. — Financial statements
Technology · Communication Equipment · United States
Last price 67.65 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 762.64M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Frequency Electronics, Inc. (FEIM) reported revenue of 72.87M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year May - April; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 72.87M | 63.23M | 69.81M | 55.27M | 40.78M | 48.30M |
| Cost of Revenue | 45.00M | 41.03M | 39.71M | 36.69M | 32.93M | 39.70M |
| Gross Profit | 27.86M | 22.20M | 30.10M | 18.58M | 7.85M | 8.60M |
| Selling, General & Admin | 15.52M | 15.00M | 12.29M | 10.18M | 9.37M | 11.66M |
| Research & Development | 6.31M | 5.99M | 6.08M | 3.38M | 3.15M | 4.97M |
| Operating Expenses | 21.83M | 21.00M | 18.36M | 13.56M | 12.52M | 16.64M |
| Operating Income | 6.04M | 1.20M | 11.73M | 5.02M | -4.67M | -8.04M |
| Interest Expense | -83.00K | -87.00K | -104.00K | -109.00K | -156.00K | -77.00K |
| Interest & Investment Income | 516.00K | 673.00K | 519.00K | 561.00K | 199.00K | |
| Other Non Operating Income (Expenses) | -91.00K | -93.00K | -3.00K | -7.00K | 7.00K | 160.00K |
| EBT Excluding Unusual Items | 6.38M | 1.69M | 12.14M | 5.46M | -4.82M | -7.76M |
| Merger & Restructuring Charges | -4.60M | -4.60M | ||||
| Gain (Loss) on Sale of Investments | -606.00K | -796.00K | ||||
| Gain (Loss) on Sale of Assets | -110.00K | |||||
| Pretax Income | 1.78M | -2.91M | 12.14M | 5.46M | -5.43M | -8.66M |
| Income Tax Expense | -902.00K | -2.00M | -11.54M | -130.00K | 74.00K | 1.00K |
| Earnings From Continuing Operations | 2.68M | -903.00K | 23.69M | 5.59M | -5.50M | -8.66M |
| Net Income | 2.68M | -903.00K | 23.69M | 5.59M | -5.50M | -8.66M |
| Net Income to Common | 2.68M | -903.00K | 23.69M | 5.59M | -5.50M | -8.66M |
| Shares Outstanding (Basic) | 9.91M | 9.78M | 9.61M | 9.43M | 9.34M | 9.27M |
| Shares Outstanding (Diluted) | 9.91M | 9.78M | 9.61M | 9.43M | 9.34M | 9.27M |
| EPS (Basic) | 0.27 | -0.09 | 2.46 | 0.59 | -0.59 | -0.93 |
| EPS (Diluted) | 0.27 | -0.09 | 2.46 | 0.59 | -0.59 | -0.93 |
| Free Cash Flow | -184.00K | -1.58M | -3.24M | 7.22M | 257.00K | 2.18M |
| Free Cash Flow Per Share | -0.02 | -0.16 | -0.34 | 0.77 | 0.03 | 0.23 |
| Gross Margin | 38.24% | 35.10% | 43.11% | 33.62% | 19.25% | 17.80% |
| Operating Margin | 8.28% | 1.90% | 16.80% | 9.08% | -11.46% | -16.64% |
| Profit Margin | 3.68% | -1.43% | 33.93% | 10.12% | -13.49% | -17.94% |
| Free Cash Flow Margin | -0.25% | -2.49% | -4.63% | 13.05% | 0.63% | 4.51% |
| EBITDA | 7.74M | 3.09M | 13.79M | 7.14M | -2.24M | -5.01M |
| EBITDA Margin | 10.62% | 4.88% | 19.75% | 12.92% | -5.49% | -10.38% |
| D&A For EBITDA | 1.71M | 1.89M | 2.06M | 2.12M | 2.43M | 3.02M |
| EBIT | 6.04M | 1.20M | 11.73M | 5.02M | -4.67M | -8.04M |
| EBIT Margin | 8.28% | 1.90% | 16.80% | 9.08% | -11.46% | -16.64% |
Balance sheet
Fiscal year May - April; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 61.41M | 1.60M | 4.72M | 18.32M | 12.05M | 11.56M |
| Short-Term Investments | 9.96M | |||||
| Cash & Short-Term Investments | 61.41M | 1.60M | 4.72M | 18.32M | 12.05M | 21.52M |
| Receivables | 25.86M | 22.02M | 23.83M | 15.14M | 14.63M | 13.15M |
| Inventory | 22.21M | 22.62M | 23.49M | 23.43M | 20.53M | 19.91M |
| Prepaid Expenses | 1.49M | 1.52M | 1.07M | 1.20M | 1.07M | 1.16M |
| Other Current Assets | 85.00K | 221.00K | 37.00K | 30.00K | 269.00K | |
| Total Current Assets | 111.05M | 47.98M | 53.11M | 58.12M | 48.31M | 56.01M |
| Property, Plant & Equipment | 14.61M | 14.51M | 14.85M | 12.47M | 14.47M | 17.37M |
| Goodwill | 218.00K | 218.00K | 617.00K | 617.00K | 617.00K | 617.00K |
| Long-Term Deferred Tax Assets | 13.22M | 14.08M | 12.04M | |||
| Other Long-Term Assets | 14.47M | 13.91M | 13.12M | 12.04M | 11.10M | 10.76M |
| Total Assets | 153.58M | 90.71M | 93.74M | 83.25M | 74.50M | 84.76M |
| Accounts Payable | 1.59M | 2.98M | 1.36M | 2.35M | 1.46M | 1.08M |
| Accrued Expenses | 6.00M | 5.96M | 5.33M | 4.22M | 3.40M | 3.18M |
| Current Portion of Leases | 1.68M | 2.00M | 2.03M | 1.64M | 1.75M | 1.74M |
| Current Income Taxes Payable | 103.00K | |||||
| Current Unearned Revenue | 11.52M | 9.42M | 13.61M | 21.64M | 18.59M | 11.10M |
| Other Current Liabilities | 14.00K | 620.00K | 1.03M | 946.00K | 2.07M | 4.76M |
| Total Current Liabilities | 20.81M | 20.98M | 23.45M | 30.80M | 27.28M | 21.86M |
| Long-Term Leases | 5.28M | 5.65M | 6.73M | 4.54M | 5.88M | 7.35M |
| Long-Term Deferred Tax Liabilities | 8.00K | 8.00K | 8.00K | |||
| Other Long-Term Liabilities | 7.65M | 7.67M | 7.93M | 8.09M | 8.44M | 8.85M |
| Total Liabilities | 33.74M | 34.30M | 38.12M | 43.44M | 41.61M | 38.07M |
| Common Stock | 11.02M | 9.93M | 9.72M | 9.51M | 9.37M | 9.30M |
| Additional Paid-In Capital | 103.63M | 45.51M | 42.48M | 50.33M | 49.14M | 57.96M |
| Retained Earnings | 6.97M | 2.76M | 3.66M | -20.03M | -25.62M | -20.12M |
| Treasury Stock | -1.78M | -1.78M | -231.00K | -3.00K | -3.00K | -6.00K |
| Comprehensive Income & Other | -440.00K | |||||
| Shareholders' Equity | 119.84M | 56.40M | 55.62M | 39.82M | 32.89M | 46.69M |
| Total Liabilities & Equity | 153.58M | 90.71M | 93.74M | 83.25M | 74.50M | 84.76M |
| Total Debt | 6.96M | 7.65M | 8.76M | 6.18M | 7.64M | 9.10M |
| Net Cash (Debt) | 54.45M | -6.05M | -4.04M | 12.13M | 4.41M | 12.43M |
| Net Cash Per Share | 5.49 | -0.62 | -0.42 | 1.29 | 0.47 | 1.34 |
| Filing Date Shares Outstanding | 11.27M | 9.87M | 9.73M | 9.54M | 9.39M | 9.30M |
| Total Common Shares Outstanding | 10.96M | 9.87M | 9.70M | 9.51M | 9.37M | 9.30M |
| Working Capital | 90.24M | 26.99M | 29.65M | 27.32M | 21.03M | 34.15M |
| Book Value Per Share | 10.93 | 5.72 | 5.73 | 4.19 | 3.51 | 5.02 |
| Tangible Book Value | 119.62M | 56.19M | 55.00M | 39.20M | 32.27M | 46.07M |
| Tangible Book Value Per Share | 10.91 | 5.69 | 5.67 | 4.12 | 3.44 | 4.96 |
| Buildings | 3.33M | 2.92M | 2.62M | 2.60M | 2.58M | |
| Machinery | 36.91M | 63.35M | 61.94M | 60.79M | 59.95M | |
| Order Backlog | 111.00M | 70.00M | 78.00M | 57.00M | 40.00M |
Cash flow statement
Fiscal year May - April; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 2.68M | -903.00K | 23.69M | 5.59M | -5.50M | -8.66M |
| Depreciation & Amortization | 4.16M | 4.35M | 3.95M | 2.12M | 2.43M | 3.02M |
| Loss (Gain) From Sale of Assets | 55.00K | 55.00K | 3.00K | 23.00K | 34.00K | 163.00K |
| Asset Writedown & Restructuring Costs | 4.17M | 4.17M | ||||
| Loss (Gain) From Sale of Investments | 784.00K | 790.00K | ||||
| Stock-Based Compensation | 1.97M | 1.97M | 1.16M | 822.00K | 197.00K | 247.00K |
| Provision & Write-off of Bad Debts | -201.00K | -201.00K | 314.00K | -171.00K | -33.00K | 328.00K |
| Other Operating Activities | -182.00K | -1.06M | -9.35M | 424.00K | -1.08M | 826.00K |
| Change in Accounts Receivable | 2.02M | 2.02M | -9.01M | -358.00K | -1.44M | 6.82M |
| Change in Inventory | -2.58M | -2.58M | -1.30M | -3.82M | -1.22M | -464.00K |
| Change in Accounts Payable | 1.62M | 1.62M | -989.00K | 884.00K | 384.00K | -1.00K |
| Change in Unearned Revenue | -4.19M | -4.19M | -8.03M | 3.05M | 7.49M | -1.41M |
| Change in Income Taxes | -324.00K | -324.00K | 140.00K | -7.00K | 239.00K | 175.00K |
| Change in Other Net Operating Assets | -6.46M | -3.64M | -2.00M | 136.00K | -1.10M | 2.20M |
| Operating Cash Flow | 2.74M | 1.28M | -1.43M | 8.71M | 1.18M | 4.04M |
| Capital Expenditures | -2.93M | -2.86M | -1.81M | -1.49M | -918.00K | -1.86M |
| Investment in Securities | -100.00K | 9.59M | -422.00K | |||
| Investing Cash Flow | -3.03M | -2.86M | -1.81M | -1.49M | 8.67M | -2.28M |
| Repurchase of Common Stock | -991.00K | -1.57M | -377.00K | |||
| Common Dividends Paid | -9.57M | |||||
| Other Financing Activities | -617.00K | |||||
| Financing Cash Flow | 57.14M | -1.57M | -9.94M | -9.35M | ||
| Net Cash Flow | 56.86M | -3.15M | -13.18M | 7.22M | 488.00K | 1.75M |
| Free Cash Flow | -184.00K | -1.58M | -3.24M | 7.22M | 257.00K | 2.18M |
| Free Cash Flow Margin | -0.25% | -2.49% | -4.63% | 13.05% | 0.63% | 4.51% |
| Free Cash Flow Per Share | -0.02 | -0.16 | -0.34 | 0.77 | 0.03 | 0.23 |
| Levered Free Cash Flow | 3.60M | 3.72M | -5.74M | 4.61M | 2.33M | 4.15M |
| Unlevered Free Cash Flow | 3.65M | 3.78M | -5.68M | 4.68M | 2.43M | 4.20M |
| Cash Interest Paid | 83.00K | 87.00K | 104.00K | 114.00K | 129.00K | 77.00K |
| Cash Income Tax Paid | 353.00K | 351.00K | 371.00K | 13.00K | -169.00K | -168.00K |
| Change in Working Capital | -9.91M | -7.09M | -21.19M | -108.00K | 4.34M | 7.32M |
Ratios
Fiscal year May - April; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 746.18M | 493.67M | 179.98M | 91.08M | 61.12M | 75.29M |
| Enterprise Value | 691.73M | 501.72M | 179.46M | 85.91M | 56.28M | 62.49M |
| Last Close Price | 67.65 | 50.16 | 18.60 | 8.86 | 6.03 | 6.43 |
| PE Ratio | 249.04 | 7.60 | 16.28 | |||
| Forward PE | 48.12 | 42.51 | 19.22 | 19.22 | 19.22 | 19.22 |
| PS Ratio | 10.68 | 7.81 | 2.58 | 1.65 | 1.50 | 1.56 |
| PB Ratio | 6.19 | 8.75 | 3.24 | 2.29 | 1.86 | 1.61 |
| P/TBV Ratio | 6.50 | 8.79 | 3.27 | 2.32 | 1.89 | 1.63 |
| P/FCF Ratio | 12.62 | 237.84 | 34.60 | |||
| P/OCF Ratio | 283.62 | 385.08 | 10.46 | 52.02 | 18.66 | |
| PEG Ratio | 0.22 | 12.14 | 1.28 | 1.28 | 1.28 | 1.28 |
| EV/Sales Ratio | 9.93 | 7.93 | 2.57 | 1.55 | 1.38 | 1.29 |
| EV/EBITDA Ratio | 93.48 | 162.53 | 13.02 | 12.03 | ||
| EV/EBIT Ratio | 119.89 | 418.44 | 15.30 | 17.12 | ||
| EV/FCF Ratio | 11.91 | 219.00 | 28.72 | |||
| Debt / Equity Ratio | 0.06 | 0.14 | 0.16 | 0.15 | 0.23 | 0.20 |
| Debt / EBITDA Ratio | 0.68 | 1.37 | 0.56 | 0.68 | ||
| Debt / FCF Ratio | 0.86 | 29.71 | 4.18 | |||
| Net Debt / Equity Ratio | -0.45 | 0.11 | 0.07 | -0.30 | -0.13 | -0.27 |
| Net Debt / EBITDA Ratio | -7.03 | 1.96 | 0.29 | -1.70 | 1.97 | 2.48 |
| Net Debt / FCF Ratio | 295.90 | -3.83 | -1.25 | -1.68 | -17.17 | -5.71 |
| Asset Turnover | 0.59 | 0.69 | 0.79 | 0.70 | 0.51 | 0.53 |
| Inventory Turnover | 1.92 | 1.78 | 1.69 | 1.67 | 1.63 | 2.01 |
| Quick Ratio | 4.19 | 1.13 | 1.22 | 1.09 | 0.98 | 1.59 |
| Current Ratio | 5.34 | 2.29 | 2.26 | 1.89 | 1.77 | 2.56 |
| Return on Equity (ROE) | 3.04% | -1.61% | 49.64% | 15.39% | -13.83% | -16.97% |
| Return on Assets (ROA) | 3.06% | 0.81% | 8.29% | 3.98% | -3.67% | -5.54% |
| Return on Invested Capital (ROIC) | 9.44% | 1.96% | 26.87% | 17.88% | -14.89% | -20.19% |
| Return on Capital Employed (ROCE) | 4.50% | 1.70% | 16.70% | 9.60% | -9.90% | -12.80% |
| Earnings Yield | 0.40% | -0.18% | 13.16% | 6.14% | -9.00% | -11.51% |
| FCF Yield | -0.02% | -0.32% | -1.80% | 7.92% | 0.42% | 2.89% |
| Payout Ratio | 40.39% | |||||
| Buyback Yield / Dilution | -2.59% | -1.76% | -1.94% | -1.00% | -0.77% | -0.19% |