Frequency Electr (FEIM) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K for FY2026, filed Jul 17, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FEIM SEC filings page.
Frequency Electr (FEIM) reported $63.2M in revenue for fiscal year 2026, down 9.4% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
FEIM’s dominant mechanic is a sharp margin cycle: FY2025’s profit burst reversed as operating leverage deteriorated in FY2026.
Cash conversion broke from accounting profit: FY2025 operating cash flow was-$1.4M against net income of$23.7M . That mismatch, paired with a tax benefit in the same year, means the reported earnings peak was not fully supported by operations.
Revenue softness was not the main issue: FY2026 revenue fell
Leverage improved even through the reversal, a balance-sheet signal more durable than the income statement: debt-to-equity declined from 0.7x to 0.6x. FY2026 operating cash flow was
Financial Health Signals
Scored against emerging companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Frequency Electr's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Frequency Electr held $1.6M in cash, cash equivalents and investments at the end of fiscal year 2026, and its operations generated $1.3M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Frequency Electr scores 85/100 among other emerging companies.
Frequency Electr had 10M shares outstanding at the end of fiscal year 2026, against 10M in fiscal year 2025. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and Frequency Electr scores 65/100 among other emerging companies.
Frequency Electr spent $6.0M on research and development in fiscal year 2026, which was 9.1% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and Frequency Electr scores 34/100 among other emerging companies.
Frequency Electr reported revenue of $63.2M in fiscal year 2026, against $69.8M in fiscal year 2025. Revenue Progress ranks emerging companies on the three-year path of that line, and Frequency Electr scores 52/100 among other emerging companies.
Not available for Frequency Electr, and counted as zero in the overall score.
Frequency Electr's cash, cash equivalents and investments came to $1.6M at the end of fiscal year 2026, against $34.3M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Frequency Electr scores 9/100 among other emerging companies.
Frequency Electr scores 12.70, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($669.4M) relative to total liabilities ($34.3M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Frequency Electr passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
Frequency Electr reported a net loss of $903K while generating $1.3M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Frequency Electr reported an operating loss of $3.0M against $87K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Frequency Electr generated $15.4M in revenue in Q4 2026. This represents a decrease of 23.0% from the same quarter a year earlier. Against the prior quarter it is down 8.8%.
Frequency Electr's EBITDA was -$5.9M in Q4 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 251.9% from the same quarter a year earlier. Against the prior quarter it is down 429.5%.
Frequency Electr reported -$4.9M in net income in Q4 2026. This represents a decrease of 253.4% from the same quarter a year earlier. Against the prior quarter it is down 413.0%.
Frequency Electr earned -$0.50 per diluted share (EPS) in Q4 2026. This represents a decrease of 256.3% from the same quarter a year earlier. Against the prior quarter it is down 412.5%.
Cash & Balance Sheet
Frequency Electr generated $1.5M in free cash flow in Q4 2026, representing cash available after capex. This represents an increase of 285.2% from the same quarter a year earlier. Against the prior quarter it is up 163.8%.
Frequency Electr held $1.6M in cash as of Q4 2026; long-term debt is not reported for that period.
Not reported for Q4 2026.
Margins & Returns
Frequency Electr's gross margin was 1.0% in Q4 2026, indicating the percentage of revenue retained after direct costs. This is down 36.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 38.2 percentage points.
Frequency Electr's operating margin was -41.2% in Q4 2026, reflecting core business profitability. This is down 57.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 48.8 percentage points.
Frequency Electr's net profit margin was -31.9% in Q4 2026, showing the share of revenue converted to profit. This is down 47.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 41.1 percentage points.
Frequency Electr's ROE was -8.7% in Q4 2026, measuring profit generated per dollar of shareholder equity. This is down 14.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 11.3 percentage points.
Capital Allocation
Frequency Electr invested $1.9M in research and development in Q4 2026. This represents an increase of 23.4% from the same quarter a year earlier. Against the prior quarter it is up 7.7%.
Frequency Electr repurchased no shares in Q4 2026. Against the prior quarter it is down 100.0%.
Frequency Electr invested $605K in capex in Q4 2026, funding long-term assets and infrastructure. This represents a decrease of 4.1% from the same quarter a year earlier. Against the prior quarter it is down 30.1%.
FEIM Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $15.4M-23.0% | $16.9M-10.8% | $17.1M+8.3% | $13.8M-8.4% | $20.0M+28.3% | $18.9M+38.0% | $15.8M+16.5% | $15.1M+21.5% |
| Cost of Revenue | $15.2M+22.0% | $10.3M-3.6% | $10.6M+29.1% | $8.7M+4.2% | $12.5M+34.4% | $10.6M+0.3% | $8.2M-11.3% | $8.4M+11.1% |
| Gross Profit | $152K-98.0% | $6.6M-20.0% | $6.5M-14.2% | $5.1M-24.1% | $7.5M+19.3% | $8.3M+166.9% | $7.6M+76.0% | $6.7M+37.6% |
| R&D Expenses | $1.9M+23.4% | $1.8M+22.8% | $1.2M-25.7% | $1.1M-23.9% | $1.5M+43.0% | $1.4M+49.9% | $1.6M+92.0% | $1.5M+194.1% |
| SG&A Expenses | $4.6M+72.0% | $3.6M+6.3% | $3.6M+6.9% | $3.6M+26.0% | $2.7M-1.3% | $3.4M+29.1% | $3.4M+32.8% | $2.8M+23.6% |
| Operating Income | -$6.3M-293.6% | $1.3M-63.4% | $1.7M-34.5% | $364K-84.6% | $3.3M+31.5% | $3.5M+833.4% | $2.6M+179.1% | $2.4M+14.8% |
| EBITDA | -$5.9M-251.9% | $1.8M-54.6% | $2.1M-32.2% | $834K-70.5% | $3.9M | $3.9M | $3.2M | $2.8M |
| Interest Expense | $21K-16.0% | $21K-19.2% | $22K-18.5% | $23K-11.5% | $25K+13.6% | $26K-3.7% | $27K-6.9% | $26K-16.1% |
| Income Tax | -$1.8M-17800.0% | -$127K+98.9% | -$31K-122.3% | -$77K-157.9% | $10K+106.7% | -$11.8M-197166.7% | $139K+2216.7% | $133K+1800.0% |
| Net Income | -$4.9M-253.4% | $1.6M-89.8% | $1.8M-32.1% | $634K-73.9% | $3.2M+21.8% | $15.4M+11750.0% | $2.7M+233.0% | $2.4M+19.0% |
| EPS (Basic) | -$0.50-256.3% | $0.16-90.0% | $0.18-35.7% | $0.07-72.0% | $0.32+18.5% | $1.60+15900.0% | $0.28+250.0% | $0.25+13.6% |
| EPS (Diluted) | -$0.50-256.3% | $0.16-90.0% | $0.18-35.7% | $0.07-72.0% | $0.32+18.5% | $1.60+15900.0% | $0.28+250.0% | $0.25+13.6% |
| Diluted Shares (Avg) | N/A | 10M+1.7% | 10M+1.8% | 10M+1.9% | N/A | 10M+2.0% | 10M+2.0% | 10M+1.6% |
FEIM Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $90.7M-3.2% | $94.2M+9.0% | $92.3M+18.6% | $93.2M+10.6% | $93.7M+12.6% | $86.4M+11.2% | $77.8M+4.1% | $84.3M+10.9% |
| Current Assets | $48.0M-9.7% | $52.6M+4.8% | $50.9M-3.8% | $52.3M-11.6% | $53.1M-8.6% | $50.1M-3.7% | $52.9M+6.5% | $59.2M+17.8% |
| Cash & Equivalents | $1.6M-66.0% | $86K-98.4% | $3.0M-69.1% | $4.5M-72.1% | $4.7M-74.2% | $5.5M-52.7% | $9.7M+11.4% | $16.2M+78.8% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $22.6M-3.7% | $25.8M+1.7% | $24.7M-3.1% | $24.8M+1.9% | $23.5M+0.2% | $25.4M+9.7% | $25.5M+10.4% | $24.3M+7.5% |
| Accounts Receivable | $4.7M-19.9% | $10.7M+176.9% | $6.1M+48.5% | $7.4M+25.6% | $5.9M+28.2% | $3.9M-28.4% | $4.1M+8.1% | $5.9M-7.3% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $218K-64.7% | $617K0.0% | $617K0.0% | $617K0.0% | $617K0.0% | $617K | $617K | $617K |
| Total Liabilities | $34.3M-10.0% | $33.9M-1.9% | $33.8M-18.7% | $36.9M-27.8% | $38.1M-12.2% | $34.6M-15.8% | $41.6M+8.1% | $51.1M+25.1% |
| Current Liabilities | $21.0M-10.5% | $20.2M-11.7% | $19.7M-33.4% | $22.7M-41.3% | $23.5M-23.8% | $22.9M-18.4% | $29.5M+18.1% | $38.7M+43.9% |
| Non-Current Liabilities | $13.3M-9.2% | $13.8M+17.4% | $14.1M+17.1% | $14.2M+14.5% | $14.7M+16.0% | $11.7M-10.1% | $12.1M-10.5% | $12.4M-11.2% |
| Total Equity | $56.4M+1.4% | $60.2M+16.2% | $58.5M+61.5% | $56.3M+69.6% | $55.6M+39.7% | $51.8M+41.3% | $36.2M-0.2% | $33.2M-5.6% |
| Retained Earnings | $2.8M-24.7% | $7.7M+1558.2% | $6.1M+140.8% | $4.3M+124.4% | $3.7M+118.3% | $462K+102.0% | -$14.9M+34.4% | -$17.6M+25.4% |
Not reported in any period shown, so not listed: Long-Term Debt.
FEIM Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $2.1M+1429.7% | -$1.4M+60.9% | -$523K-113.7% | $1.2M+179.6% | -$155K-102.1% | -$3.6M-186.2% | $3.8M+2216.7% | -$1.5M+47.9% |
| Depreciation & Amortization | $479K-18.3% | $512K+11.8% | $433K-21.3% | $470K+2.0% | $586K | $458K | $550K | $461K |
| Capital Expenditures | $605K-4.1% | $865K+162.9% | $613K+17.7% | $776K+137.3% | $631K-23.1% | $329K+5.8% | $521K+201.2% | $327K+74.9% |
| Free Cash Flow | $1.5M+285.2% | -$2.3M+42.3% | -$1.1M-134.5% | $385K+121.6% | -$786K-111.8% | -$4.0M-201.5% | $3.3M+1031.7% | -$1.8M+40.3% |
| Investing Cash Flow | -$605K+4.1% | -$865K-162.9% | -$613K-17.7% | -$776K-137.3% | -$631K+23.1% | -$329K-5.8% | -$521K-201.2% | -$327K-74.9% |
| Financing Cash Flow | $0 | -$616K-186.5% | -$375K+96.1% | -$583K-840.3% | $0 | -$215K | -$9.7M | -$62K |
| Dividends Paid | $0 | $0 | N/A | N/A | $0 | $0 | $9.6M | N/A |
| Share Buybacks | $0 | $616K+186.5% | $375K+275.0% | $583K+840.3% | $0 | $215K | $100K | $62K |
Not reported in any period shown, so not listed: Stock-Based Compensation.
FEIM Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 1.0%-36.5pp | 39.2%-4.5pp | 38.2%-10.0pp | 36.8%-7.6pp | 37.5%-2.8pp | 43.8%+21.1pp | 48.2%+16.3pp | 44.4%+5.2pp |
| Operating Margin | -41.2%-57.6pp | 7.5%-10.8pp | 10.0%-6.5pp | 2.6%-13.1pp | 16.4%+0.4pp | 18.3%+21.8pp | 16.6%+9.6pp | 15.7%-0.9pp |
| Net Margin | -31.9%-47.9pp | 9.3%-72.1pp | 10.5%-6.3pp | 4.6%-11.5pp | 16.0%-0.9pp | 81.4%+80.4pp | 16.8%+10.9pp | 16.1%-0.3pp |
| Return on Equity | -8.7%-14.4pp | 2.6%-27.1pp | 3.1%-4.3pp | 1.1%-6.2pp | 5.8%-0.8pp | 29.7%+29.4pp | 7.3%+5.1pp | 7.3%+1.5pp |
| Return on Assets | -5.4%-8.8pp | 1.7%-16.2pp | 1.9%-1.5pp | 0.7%-2.2pp | 3.4%+0.3pp | 17.8%+17.6pp | 3.4%+2.3pp | 2.9%+0.2pp |
| Current Ratio | 2.290.0x | 2.60+0.4x | 2.59+0.8x | 2.30+0.8x | 2.26+0.4x | 2.19+0.3x | 1.79-0.2x | 1.53-0.3x |
| Debt-to-Equity | 0.61-0.1x | 0.56-0.1x | 0.58-0.6x | 0.65-0.9x | 0.69-0.4x | 0.67-0.5x | 1.15+0.1x | 1.54+0.4x |
| Asset Turnover | 0.170.0x | 0.180.0x | 0.190.0x | 0.150.0x | 0.210.0x | 0.220.0x | 0.200.0x | 0.180.0x |
| FCF Margin | 9.5%+13.4pp | -13.5%+7.4pp | -6.6%-27.4pp | 2.8%+14.6pp | -3.9%-46.7pp | -20.9%-49.3pp | 20.8%+23.4pp | -11.8%+12.2pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Frequency Electr FEIM | FY2026 | $63.2M | -$903K | -1.4% | $669.4M | 41/100 |
| Aviat Networks Inc AVNW | FY2026 | $439.7M | $2.5M | 0.6% | $238.9M | 48/100 |
| Gilat Satellite GILT | FY2025 | $451.7M | $20.7M | 4.6% | $774.9M | 66/100 |
| Clearfield CLFD | FY2025 | $150.1M | -$8.1M | -5.4% | $383.7M | 51/100 |
| Adtran Inc ADTN | FY2025 | $1.1B | -$45.7M | -4.2% | $608.7M | 27/100 |
Where Frequency Electr Ranks
Frequently Asked Questions
What is Frequency Electr's annual revenue?
Frequency Electr (FEIM) reported $63.2M in total revenue for fiscal year 2026. This represents a -9.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Frequency Electr's revenue growing?
Frequency Electr (FEIM) revenue declined by 9.4% year-over-year, from $69.8M to $63.2M in fiscal year 2026.
Is Frequency Electr profitable?
No, Frequency Electr (FEIM) reported a net income of -$903K in fiscal year 2026, with a net profit margin of -1.4%.
What is Frequency Electr's EBITDA?
Frequency Electr (FEIM) had EBITDA of -$1.1M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
What is Frequency Electr's gross margin?
Frequency Electr (FEIM) had a gross margin of 29.1% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Frequency Electr's operating margin?
Frequency Electr (FEIM) had an operating margin of -4.8% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Frequency Electr's net profit margin?
Frequency Electr (FEIM) had a net profit margin of -1.4% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Frequency Electr's return on equity (ROE)?
Frequency Electr (FEIM) has a return on equity of -1.6% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Frequency Electr's free cash flow?
Frequency Electr (FEIM) recorded an outflow of $1.6M in free cash flow during fiscal year 2026. This represents a 51.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Frequency Electr's operating cash flow?
Frequency Electr (FEIM) generated $1.3M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Frequency Electr's total assets?
Frequency Electr (FEIM) had $90.7M in total assets as of fiscal year 2026, including both current and long-term assets.
What are Frequency Electr's capital expenditures?
Frequency Electr (FEIM) invested $2.9M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
How much does Frequency Electr spend on research and development?
Frequency Electr (FEIM) invested $6.0M in research and development during fiscal year 2026.
What is Frequency Electr's current ratio?
Frequency Electr (FEIM) had a current ratio of 2.29 as of fiscal year 2026, which is generally considered healthy.
What is Frequency Electr's debt-to-equity ratio?
Frequency Electr (FEIM) had a debt-to-equity ratio of 0.61 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Frequency Electr's return on assets (ROA)?
Frequency Electr (FEIM) had a return on assets of -1.0% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Frequency Electr's P/E ratio?
Frequency Electr (FEIM) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2026). The market capitalization is $669.4M as of Sep 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Frequency Electr's price-to-sales ratio?
Frequency Electr (FEIM) trades at 10.6x sales, its market capitalization divided by revenue of $63.2M revenue, FY2026. The market capitalization is $669.4M as of Sep 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Frequency Electr's Altman Z-Score?
Frequency Electr (FEIM) has an Altman Z-Score of 12.70, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Frequency Electr's Piotroski F-Score?
Frequency Electr (FEIM) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Frequency Electr's earnings high quality?
Frequency Electr (FEIM) reported a net loss of $903K while generating $1.3M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Frequency Electr cover its interest payments?
Frequency Electr (FEIM) reported an operating loss of $3.0M against $87K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Frequency Electr?
Frequency Electr (FEIM) scores 41 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.