Frequency Electr Financials
This page shows Frequency Electr (FEIM) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 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).
Contract-mix swings and working-capital timing are driving profit volatility, while cash has tightened faster than the income statement suggests.
FY2025's profit spike was a low-cash earnings event: net income reached$23.7M , but operating cash flow was-$1.4M . Because shareholder payouts were funded during that mismatch, cash slid from$16.2M in FY2024 to$1.6M in FY2026, showing that reported earnings and liquidity diverged sharply.
The move from
Liquidity looks better on paper than in cash: the current ratio stayed at 2.3x in FY2026, but cash was only
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 scores 12.33, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($648.6M) 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 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, Frequency Electr generates $-1.42 in operating cash flow ($1.3M OCF vs -$903K net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Frequency Electr earns $-34.5 in operating income for every $1 of interest expense (-$3.0M vs $87K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Frequency Electr generated $63.2M in revenue in fiscal year 2026. This represents a decrease of 9.4% from the prior year.
Frequency Electr's EBITDA was -$1.1M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 108.0% from the prior year.
Frequency Electr reported -$903K in net income in fiscal year 2026. This represents a decrease of 103.8% from the prior year.
Frequency Electr earned $-0.09 per diluted share (EPS) in fiscal year 2026. This represents a decrease of 103.7% from the prior year.
Cash & Balance Sheet
Frequency Electr generated -$1.6M in free cash flow in fiscal year 2026, representing cash available after capex. This represents an increase of 51.3% from the prior year.
Frequency Electr held $1.6M in cash against $0 in long-term debt as of fiscal year 2026.
Frequency Electr had 10M shares outstanding in fiscal year 2026. This represents an increase of 1.5% from the prior year.
Margins & Returns
Frequency Electr's gross margin was 29.1% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is down 14.0 percentage points from the prior year.
Frequency Electr's operating margin was -4.8% in fiscal year 2026, reflecting core business profitability. This is down 21.6 percentage points from the prior year.
Frequency Electr's net profit margin was -1.4% in fiscal year 2026, showing the share of revenue converted to profit. This is down 35.4 percentage points from the prior year.
Frequency Electr's ROE was -1.6% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is down 43.7 percentage points from the prior year.
Capital Allocation
Frequency Electr invested $6.0M in research and development in fiscal year 2026. This represents a decrease of 1.3% from the prior year.
Frequency Electr spent $1.6M on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 317.5% from the prior year.
Frequency Electr invested $2.9M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents an increase of 58.1% from the prior year.
FEIM Income Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $15.4M-8.8% | $16.9M-1.4% | $17.1M+24.0% | $13.8M-30.9% | $20.0M+5.6% | $18.9M+19.6% | $15.8M+4.9% | $15.1M |
| Cost of Revenue | $15.2M+48.5% | $10.3M-3.1% | $10.6M+21.3% | $8.7M-30.1% | $12.5M+17.4% | $10.6M+29.8% | $8.2M-2.1% | $8.4M |
| Gross Profit | $152K-97.7% | $6.6M+1.4% | $6.5M+28.6% | $5.1M-32.2% | $7.5M-9.5% | $8.3M+8.7% | $7.6M+13.8% | $6.7M |
| R&D Expenses | $1.9M+7.7% | $1.8M+47.0% | $1.2M+5.8% | $1.1M-26.4% | $1.5M+7.2% | $1.4M-11.0% | $1.6M+8.4% | $1.5M |
| SG&A Expenses | $4.6M+28.1% | $3.6M-0.8% | $3.6M+1.1% | $3.6M+34.0% | $2.7M-20.8% | $3.4M-0.2% | $3.4M+19.1% | $2.8M |
| Operating Income | -$6.3M-599.9% | $1.3M-25.9% | $1.7M+370.9% | $364K-88.9% | $3.3M-5.4% | $3.5M+32.5% | $2.6M+10.7% | $2.4M |
| Interest Expense | $21K0.0% | $21K-4.5% | $22K-4.3% | $23K-8.0% | $25K-3.8% | $26K-3.7% | $27K+3.8% | $26K |
| Income Tax | -$1.8M-1293.7% | -$127K-309.7% | -$31K+59.7% | -$77K-870.0% | $10K+100.1% | -$11.8M-8606.5% | $139K+4.5% | $133K |
| Net Income | -$4.9M-413.0% | $1.6M-13.0% | $1.8M+184.1% | $634K-80.2% | $3.2M-79.2% | $15.4M+480.4% | $2.7M+9.2% | $2.4M |
| EPS (Diluted) | N/A | $0.16-11.1% | $0.18+157.1% | $0.07 | N/A | $1.60+471.4% | $0.28+12.0% | $0.25 |
FEIM Balance Sheet
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $90.7M-3.7% | $94.2M+2.1% | $92.3M-1.0% | $93.2M-0.6% | $93.7M+8.5% | $86.4M+11.1% | $77.8M-7.7% | $84.3M |
| Current Assets | $48.0M-8.7% | $52.6M+3.2% | $50.9M-2.7% | $52.3M-1.4% | $53.1M+5.9% | $50.1M-5.3% | $52.9M-10.6% | $59.2M |
| Cash & Equivalents | $1.6M+1764.0% | $86K-97.1% | $3.0M-33.7% | $4.5M-4.4% | $4.7M-14.4% | $5.5M-43.1% | $9.7M-40.1% | $16.2M |
| Inventory | $22.6M-12.4% | $25.8M+4.7% | $24.7M-0.4% | $24.8M+5.5% | $23.5M-7.6% | $25.4M-0.3% | $25.5M+4.8% | $24.3M |
| Accounts Receivable | $4.7M-55.8% | $10.7M+76.7% | $6.1M-18.4% | $7.4M+25.8% | $5.9M+52.7% | $3.9M-5.3% | $4.1M-31.0% | $5.9M |
| Goodwill | $218K-64.7% | $617K0.0% | $617K0.0% | $617K0.0% | $617K0.0% | $617K0.0% | $617K0.0% | $617K |
| Total Liabilities | $34.3M+1.0% | $33.9M+0.4% | $33.8M-8.4% | $36.9M-3.2% | $38.1M+10.2% | $34.6M-16.8% | $41.6M-18.6% | $51.1M |
| Current Liabilities | $21.0M+4.0% | $20.2M+2.6% | $19.7M-13.4% | $22.7M-3.2% | $23.5M+2.6% | $22.9M-22.5% | $29.5M-23.7% | $38.7M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $56.4M-6.4% | $60.2M+3.1% | $58.5M+3.8% | $56.3M+1.3% | $55.6M+7.3% | $51.8M+43.2% | $36.2M+9.0% | $33.2M |
| Retained Earnings | $2.8M-64.0% | $7.7M+25.7% | $6.1M+42.0% | $4.3M+17.3% | $3.7M+692.0% | $462K+103.1% | -$14.9M+15.1% | -$17.6M |
FEIM Cash Flow Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $2.1M+245.4% | -$1.4M-170.9% | -$523K-145.0% | $1.2M+849.0% | -$155K+95.7% | -$3.6M-195.1% | $3.8M+361.3% | -$1.5M |
| Capital Expenditures | $605K-30.1% | $865K+41.1% | $613K-21.0% | $776K+23.0% | $631K+91.8% | $329K-36.9% | $521K+59.3% | $327K |
| Free Cash Flow | $1.5M+163.8% | -$2.3M-100.9% | -$1.1M-395.1% | $385K+149.0% | -$786K+80.1% | -$4.0M-220.2% | $3.3M+284.3% | -$1.8M |
| Investing Cash Flow | -$605K+30.1% | -$865K-41.1% | -$613K+21.0% | -$776K-23.0% | -$631K-91.8% | -$329K+36.9% | -$521K-59.3% | -$327K |
| Financing Cash Flow | $0+100.0% | -$616K-64.3% | -$375K+35.7% | -$583K | $0+100.0% | -$215K+97.8% | -$9.7M-15491.9% | -$62K |
| Dividends Paid | $0 | $0 | N/A | N/A | $0 | $0-100.0% | $9.6M | N/A |
| Share Buybacks | $0-100.0% | $616K+64.3% | $375K-35.7% | $583K | $0-100.0% | $215K+115.0% | $100K+61.3% | $62K |
FEIM Financial Ratios
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 1.0%-38.2pp | 39.2%+1.1pp | 38.2%+1.4pp | 36.8%-0.7pp | 37.5%-6.3pp | 43.8%-4.4pp | 48.2%+3.7pp | 44.4% |
| Operating Margin | -41.2%-48.8pp | 7.5%-2.5pp | 10.0%+7.4pp | 2.6%-13.8pp | 16.4%-1.9pp | 18.3%+1.8pp | 16.6%+0.9pp | 15.7% |
| Net Margin | -31.9%-41.1pp | 9.3%-1.2pp | 10.5%+5.9pp | 4.6%-11.4pp | 16.0%-65.4pp | 81.4%+64.6pp | 16.8%+0.7pp | 16.1% |
| Return on Equity | -8.7%-11.3pp | 2.6%-0.5pp | 3.1%+2.0pp | 1.1%-4.6pp | 5.8%-24.0pp | 29.7%+22.4pp | 7.3%+0.0pp | 7.3% |
| Return on Assets | -5.4%-7.1pp | 1.7%-0.3pp | 1.9%+1.3pp | 0.7%-2.7pp | 3.4%-14.4pp | 17.8%+14.4pp | 3.4%+0.5pp | 2.9% |
| Current Ratio | 2.29-0.3 | 2.60+0.0 | 2.59+0.3 | 2.30+0.0 | 2.26+0.1 | 2.19+0.4 | 1.79+0.3 | 1.53 |
| Debt-to-Equity | 0.61+0.0 | 0.56-0.0 | 0.58-0.1 | 0.65-0.0 | 0.69+0.0 | 0.67-0.5 | 1.15-0.4 | 1.54 |
| FCF Margin | 9.5%+23.0pp | -13.5%-6.9pp | -6.6%-9.4pp | 2.8%+6.7pp | -3.9%+17.0pp | -20.9%-41.7pp | 20.8%+32.6pp | -11.8% |
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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) generated -$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 Altman Z-Score?
Frequency Electr (FEIM) has an Altman Z-Score of 12.33, 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 2 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) has an earnings quality ratio of -1.42x, considered mixed quality. 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) has an interest coverage ratio of -34.5x, meaning it can struggle to cover its interest obligations. 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 42 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.