---
title: "FREQUENCY ELECTRONICS INC FY 2026: Revenue $63.23M, EPS ($0.09) — 10-K Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293020368.md"
description: "Frequency Electronics Inc reported FY2026 revenue of $63.23M, a 9.4% decline from the prior year, resulting in a net loss of ($903K) and diluted EPS of ($0.09). The downturn was attributed to absorbing prior-year timing issues and shutting down low-margin FEI-Elcom production. Management is repositioning the business toward alternative PNT, quantum sensing, and space defense, with U.S. government sales comprising roughly 60% of revenue. One-time charges included a $3.8M inventory write-down."
datetime: "2026-07-17T10:05:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293020368.md)
  - [en](https://longbridge.com/en/news/293020368.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293020368.md)
---

# FREQUENCY ELECTRONICS INC FY 2026: Revenue $63.23M, EPS ($0.09) — 10-K Summary

FREQUENCY ELECTRONICS INC reported fiscal 2026 revenue of $63.23M and a net loss of ($903K), or diluted EPS of ($0.09), compared with revenue of $69.81M and net income of $23.69M, or diluted EPS of $2.46, in the prior year.

**Financial Highlights**

Metric

Current year

Prior year

YoY change

Revenue¹

$63.23M

$69.81M

(9.4%)

Net income²

($903K)

$23.69M

(103.8%)

Diluted EPS³

($0.09)

$2.46

(103.7%)

_¹ Reported as “Revenues”. ² Reported as “Net (loss) income”. ³ Reported as “Diluted income per share”._

**Business Highlights**

-   Revenue declined about 9% as the company absorbed prior-year timing and shut down low-margin FEI-Elcom production.
-   Channel mix shifted toward non-space U.S. government and Department of Defense sales, which represented roughly 60% of 2026 revenue; satellite government share declined to about 31%.
-   Management repositioned the business to focus on alternative PNT, quantum sensing, space defense and exploration, and proliferated satellites, exiting or reshaping FEI-Elcom operations.
-   Investments included hiring engineering staff, opening a Colorado facility and process improvements in anticipation of production ramps.
-   The company recorded a $3.8M inventory write-down and other one-time charges that reduced near-term gross margin but were described as actions to improve long-term product mix and profitability.

Original SEC Filing: FREQUENCY ELECTRONICS INC \[ FEIM \] - 10-K - Jul. 16, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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