Frequency Electronics, Inc. (FEIM) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 16.89M | 17.13M | 13.81M | 19.99M | 18.93M | 15.82M | 15.08M | 15.58M | 13.71M | 13.57M | 12.41M | 13M | 10.62M | 8.95M | 8.2M | 10.16M | 12.24M | 12.94M | 12.96M | 15.64M |
| Revenue Growth % | -10.76% | 8.26% | -8.39% | 28.31% | 38.01% | 16.54% | 21.51% | 19.78% | 29.13% | 51.69% | 51.24% | 27.98% | -13.27% | -30.82% | -36.67% | -35.04% | 4.91% | -7.53% | 0.03% | 52.8% |
| Cost of Goods Sold | 10.26M | 10.59M | 8.73M | 12.49M | 10.64M | 8.2M | 8.38M | 9.29M | 10.61M | 9.24M | 7.54M | 8.96M | 7.16M | 8.6M | 8.21M | 12.95M | 9.01M | 8.85M | 8.89M | 10.93M |
| COGS % of Revenue | 60.77% | 61.84% | 63.21% | 62.51% | 56.23% | 51.84% | 55.57% | 59.68% | 77.37% | 68.1% | 60.77% | 68.94% | 67.37% | 96.09% | 100.06% | 127.48% | 73.54% | 68.38% | 68.65% | 69.9% |
| Gross Profit | 6.63M | 6.54M | 5.08M | 7.49M | 8.29M | 7.62M | 6.7M | 6.28M | 3.1M | 4.33M | 4.87M | 4.04M | 3.46M | 350K | -5K | -2.79M | 3.24M | 4.09M | 4.06M | 4.71M |
| Gross Margin % | 39.23% | 38.16% | 36.79% | 37.49% | 43.77% | 48.16% | 44.43% | 40.32% | 22.63% | 31.9% | 39.23% | 31.06% | 32.63% | 3.91% | -0.06% | -27.48% | 26.46% | 31.62% | 31.35% | 30.1% |
| Gross Profit Growth % | -20.02% | -14.21% | -24.13% | 19.3% | 166.91% | 75.96% | 37.59% | 55.51% | -10.42% | 1137.14% | 97460% | 244.66% | 6.94% | -91.44% | -100.12% | -159.3% | 15.55% | -23.13% | -0.64% | 2970.73% |
| Operating Expenses | 5.36M | 4.82M | 4.72M | 4.21M | 4.82M | 5M | 4.33M | 3.79M | 3.58M | 3.39M | 2.81M | 3.65M | 3.14M | 2.63M | 3.1M | 3.14M | 3.96M | 3.79M | 5.75M | 4.61M |
| OpEx % of Revenue | 31.71% | 28.15% | 34.16% | 21.09% | 25.45% | 31.61% | 28.74% | 24.31% | 26.08% | 24.99% | 22.63% | 28.05% | 29.57% | 29.42% | 37.81% | 30.9% | 32.35% | 29.28% | 44.38% | 29.47% |
| Selling, General & Admin | 7.21M | 3.62M | 3.58M | 2.67M | 3.38M | 3.39M | 2.85M | 2.71M | 2.62M | 2.55M | 2.3M | 2.99M | 2.36M | 2.03M | 1.99M | 2.03M | 2.83M | 2.41M | 4.39M | 3.38M |
| SG&A % of Revenue | 42.68% | 21.15% | 25.96% | 13.38% | 17.86% | 21.42% | 18.87% | 17.41% | 19.1% | 18.8% | 18.55% | 22.99% | 22.19% | 22.73% | 24.28% | 19.94% | 23.13% | 18.64% | 33.92% | 21.64% |
| Research & Development | 1.76M | 1.2M | 1.13M | 1.54M | 1.44M | 1.61M | 1.49M | 1.08M | 958K | 840K | 506K | 658K | 783K | 599K | 1.11M | 1.11M | 1.13M | 1.38M | 1.35M | 1.22M |
| R&D % of Revenue | 10.44% | 7% | 8.2% | 7.71% | 7.59% | 10.2% | 9.87% | 6.91% | 6.99% | 6.19% | 4.08% | 5.06% | 7.37% | 6.69% | 13.53% | 10.96% | 9.22% | 10.64% | 10.46% | 7.83% |
| Other Operating Expenses | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2K | 5K | 0 | 0 | 0 | 2K | 0 | 0 | 0 |
| Operating Income | 1.27M | 1.71M | 364K | 3.28M | 3.47M | 2.62M | 2.37M | 2.49M | -473K | 938K | 2.06M | 392K | 325K | -2.28M | -3.11M | -5.93M | -721K | 303K | -1.69M | 99K |
| Operating Margin % | 7.53% | 10.01% | 2.64% | 16.4% | 18.33% | 16.55% | 15.69% | 16.01% | -3.45% | 6.91% | 16.6% | 3.01% | 3.06% | -25.51% | -37.87% | -58.38% | -5.89% | 2.34% | -13.02% | 0.63% |
| Operating Income Growth % | -63.36% | -34.53% | -84.61% | 31.44% | 833.4% | 179.1% | 14.81% | 536.22% | -245.54% | 141.09% | 166.3% | 106.61% | 145.08% | -853.47% | -84.17% | -6091.92% | 23.22% | 38.36% | -400.59% | 102.71% |
| EBITDA | 1.27M | 1.77M | 557K | 5.33M | 3.61M | 2.82M | 2.59M | 2.79M | -97K | 832K | 2.08M | 1M | -295K | -2.31M | -2.35M | -5.18M | 104.25K | 1.13M | -861.75K | 924.25K |
| EBITDA Margin % | 7.53% | 10.33% | 4.03% | 26.68% | 19.06% | 17.83% | 17.17% | 17.93% | -0.71% | 6.13% | 16.76% | 7.69% | -2.78% | -25.85% | -28.65% | -50.94% | 0.85% | 8.72% | -6.65% | 5.91% |
| EBITDA Growth % | -64.76% | -37.23% | -78.49% | 90.98% | 3818.56% | 238.94% | 24.47% | 179.11% | 67.12% | 135.97% | 188.48% | 119.33% | -382.97% | -305.01% | -172.79% | -659.99% | 195.42% | 7.58% | -302.69% | 371.84% |
| D&A (Non-Cash Add-back) | 0 | 0 | 0 | 2.06M | 0 | 202K | 224K | 298.5K | 376K | 0 | 0 | 608.5K | 0 | 0 | 756.25K | 756.25K | 825.25K | 825.25K | 825.25K | 825.25K |
| EBIT | 1.27M | 1.77M | 557K | 3.23M | 3.61M | 2.82M | 2.59M | 2.5M | 163K | 832K | 2.08M | 388K | -295K | -2.31M | -3.07M | -6.83M | -715K | 519K | -1.55M | 1.21M |
| Net Interest Income | 170K | -22K | 195K | -25K | -26K | -27K | -26K | -23K | -27K | -29K | -31K | -75K | -18K | -18K | -45K | -18K | -19K | -20K | -20K | -43K |
| Interest Income | 191K | 0 | 218K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 21K | 22K | 23K | 25K | 26K | 27K | 26K | 23K | 27K | 29K | 31K | 75K | 18K | 18K | 45K | 18K | 19K | 20K | 20K | 43K |
| Other Income/Expense | 170K | 56K | 193K | -71K | 112K | 175K | 198K | -18K | 609K | -135K | -11K | -78K | -638K | -30K | -9K | -921K | -13K | 196K | 113K | 1.07M |
| Pretax Income | 1.44M | 1.77M | 557K | 3.21M | 3.58M | 2.79M | 2.56M | 2.48M | 136K | 803K | 2.05M | 314K | -313K | -2.31M | -3.12M | -6.85M | -734K | 499K | -1.57M | 1.17M |
| Pretax Margin % | 8.53% | 10.33% | 4.03% | 16.05% | 18.92% | 17.65% | 17% | 15.9% | 0.99% | 5.92% | 16.51% | 2.41% | -2.95% | -25.85% | -37.98% | -67.44% | -5.99% | 3.86% | -12.15% | 7.49% |
| Income Tax | -127K | -31K | -77K | 10K | -11.82M | 139K | 133K | -149K | 6K | 6K | 7K | 68K | 3K | 1K | 1K | -3K | 1K | 2K | 1K | -241K |
| Effective Tax Rate % | -8.82% | -1.75% | -13.82% | 0.31% | -330.19% | 4.98% | 5.19% | -6.02% | 4.41% | 0.75% | 0.34% | 21.66% | -0.96% | -0.04% | -0.03% | 0.04% | -0.14% | 0.4% | -0.06% | -20.58% |
| Net Income | 1.57M | 1.8M | 634K | 3.2M | 15.4M | 2.65M | 2.43M | 2.63M | 130K | 797K | 2.04M | 246K | -316K | -2.31M | -3.12M | -6.85M | -735K | 497K | -1.57M | 1.41M |
| Net Margin % | 9.28% | 10.52% | 4.59% | 16% | 81.39% | 16.78% | 16.12% | 16.85% | 0.95% | 5.87% | 16.46% | 1.89% | -2.98% | -25.86% | -37.99% | -67.39% | -6% | 3.84% | -12.16% | 9.03% |
| Net Income Growth % | -89.83% | -32.14% | -73.91% | 21.79% | 11750% | 233% | 19% | 967.07% | 141.14% | 134.44% | 165.51% | 103.59% | 57.01% | -565.59% | -97.9% | -584.99% | 8.13% | 51.06% | -501.14% | 147.38% |
| Net Income (Continuing) | 1.57M | 1.8M | 634K | 3.2M | 15.4M | 2.65M | 2.43M | 2.63M | 130K | 797K | 2.04M | 246K | -316K | -2.31M | -3.12M | -6.85M | -735K | 497K | -1.57M | 1.41M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.16 | 0.18 | 0.07 | 0.34 | 1.60 | 0.28 | 0.25 | 0.28 | 0.01 | 0.08 | 0.22 | 0.03 | -0.03 | -0.25 | -0.33 | -0.74 | -0.08 | 0.05 | -0.17 | 0.15 |
| EPS Growth % | -90% | -35.71% | -73.92% | 21.43% | 11494.2% | 230.19% | 13.64% | 964.64% | 140.83% | 133.92% | 166.67% | 103.55% | 57.32% | -600% | -94.12% | -593.33% | 9.07% | 25% | -492.33% | 146.88% |
| EPS (Basic) | 0.16 | 0.18 | 0.07 | 0.34 | 1.60 | 0.28 | 0.25 | 0.28 | 0.01 | 0.08 | 0.22 | 0.03 | -0.03 | -0.25 | -0.33 | -0.74 | -0.08 | 0.05 | -0.17 | 0.15 |
| Diluted Shares Outstanding | 9.76M | 9.76M | 9.72M | 9.68M | 9.63M | 9.59M | 9.54M | 9.5M | 9.44M | 9.4M | 9.38M | 9.37M | 9.35M | 9.33M | 9.31M | 9.29M | 9.28M | 9.3M | 9.19M | 9.32M |
| Basic Shares Outstanding | 9.76M | 9.76M | 9.72M | 9.68M | 9.63M | 9.59M | 9.54M | 9.5M | 9.44M | 9.4M | 9.38M | 9.37M | 9.35M | 9.33M | 9.31M | 9.29M | 9.28M | 9.26M | 9.19M | 9.22M |
| Dividend Payout Ratio | - | - | - | 299.25% | 1.05% | 360.47% | - | - | - | - | - | 3802.44% | - | - | - | - | - | - | - | - |