Every 10-Q that Franklin Wireless Corp. (FKWL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow FKWL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FKWL filings page.
Franklin Wireless reported weaker results for the nine months ended March 31, 2026. Net sales fell to $28.1M from $39.2M, and the company swung to a net loss of $0.7M versus a small prior-year loss. Gross profit declined to $5.5M while operating expenses remained over $6.3M, keeping the business in an operating loss.
The company still has a solid liquidity base, with $9.3M in cash and $23.6M in short-term investments, though operating cash flow was negative $5.6M over nine months. Management is pivoting away from legacy mobile hotspots toward fixed wireless routers and telecommunications modules after a major customer sharply reduced demand for a key hotspot product.
Results remain highly concentrated: two customers represented over 90% of revenue, and two Asian manufacturers supplied more than 94% of purchases. Franklin also faces an ongoing lawsuit against subsidiary FTI in Korea, where Partron has increased its primary claim to $8.9M, which could affect consolidated results depending on the outcome.
Franklin Wireless Corp. reported lower sales but higher profit for the quarter ended December 31, 2025. Net sales were $11.93 million versus $17.83 million a year earlier, while net income attributable to the parent rose to $0.53 million from $0.23 million, or $0.05 diluted EPS versus $0.02.
For the six months, sales fell to $24.67 million from $31.15 million, but net income increased to $1.17 million from $0.74 million. Operating cash flow swung to a $5.57 million use of cash from $5.41 million provided, even as cash and cash equivalents totaled $9.36 million and short-term investments $24.26 million.
The company declared and paid a $0.04 per share cash dividend totaling $471,371. Customer and supplier concentration remained high, with the top two customers representing 91.6% of six-month net sales and a single Asian manufacturer accounting for 85.4% of product purchases. A lawsuit against subsidiary FTI in Korea seeks $8.90 million including interest; FTI is contesting the claims. Shares outstanding were 11,784,280 as of February 17, 2026.
Franklin Wireless (FKWL) reported Q1 FY2026 results. Net sales were $12,744,960 versus $13,322,912 a year ago, but gross profit improved to $2,909,770 as cost of goods sold fell. Operating income was $590,380, a swing from a prior-period operating loss. Net income attributable to the parent rose to $640,478 (EPS $0.05) from $515,187 (EPS $0.04).
Cash and cash equivalents were $13,380,124 with short-term investments of $25,334,511. Operating cash flow was $(1,488,908), primarily reflecting a rise in accounts receivable to $6,782,714 and lower inventories at $995,364. Total assets were $53,284,485 and total liabilities $14,926,406. Customer concentration remained high, with the two largest customers representing 90.4% of net sales. Subsequently, the Board declared a cash dividend of $0.04 per share, payable on December 2, 2025 to holders of record on November 14, 2025. Shares outstanding were 11,784,280 as of November 14, 2025.