Logotype for Frequency Electronics Inc

Frequency Electronics (FEIM) investor relations material

Frequency Electronics Q1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Frequency Electronics Inc
Q1 2026 earnings summary11 Sep, 2025

Executive summary

  • Q1 FY2026 revenue was $13.8M, down from $15.1M year-over-year, due to customer-driven delays, with the shortfall expected to be recovered in upcoming quarters.

  • Net income was $0.6M ($0.07/share), down from $2.4M ($0.25/share) prior year; operating income dropped to $0.4M from $2.4M.

  • Profitability declined as investments in growth and higher SG&A continued despite lower revenue; fundamentals and backlog remain strong.

  • The company is actively bidding on larger contracts and expects meaningful new business, with a robust pipeline in both legacy and next-generation technologies.

  • Strategic investments include a new engineering facility in Boulder, Colorado, focused on quantum sensing and staffed by leading scientists.

Financial highlights

  • Q1 FY2026 consolidated revenue: $13.8M (vs. $15.1M prior year); commercial and U.S. government satellite revenue: $6.5M (47% of total); non-space U.S. government/DOD revenue: $6.9M (50% of total).

  • Gross margin was $5.1M (36.8% of revenue), down from $6.7M (44.4%) year-over-year.

  • SG&A expenses rose to $3.6M (26% of revenue, up from 19%) due to one-time growth investments; R&D expense fell to $1.1M (8% of revenue, down from $1.5M or 10%).

  • Net cash provided by operating activities was $1.2M, a turnaround from a $1.5M use in the prior year.

  • Fully funded backlog at July 2025: $71M (up from $70M at April 2025); working capital: $30M; current ratio: 2.3; company remains debt-free.

Outlook and guidance

  • Revenue shortfall from Q1 is expected to be made up in upcoming quarters, with delayed revenue recognized predominantly in the current fiscal year.

  • Customer-driven delays are resolved, and significant progress is being made toward expanding the business.

  • Boulder facility expected to contribute positively to earnings by Q3 FY2026.

  • No formal guidance provided due to the lumpy nature of contract awards.

  • Liquidity is considered adequate for both short- and long-term needs.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Frequency Electronics earnings date

Logotype for Frequency Electronics Inc
Q2 20269 Dec, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Frequency Electronics earnings date

Logotype for Frequency Electronics Inc
Q2 20269 Dec, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Frequency Electronics, Inc. designs, develops, and manufactures precision time and frequency control products used in advanced communication systems. The company’s products, including atomic clocks, oscillators, and synthesizers, are utilized in applications such as satellite systems, ground-based communications, and defense systems. Frequency Electronics serves industries including aerospace, telecommunications, and national security. Its solutions support critical infrastructure where accurate timing and frequency are essential. The company is headquartered in Mitchel Field, New York, and its shares are listed on the NASDAQ.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage