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Franklin Wireless Corp.(FKWL)Earnings, Financials & Key Ratios
FKWL•NASDAQ
$2.38
Price updated Jul 7, 2026
AboutFranklin Wireless Corp. provides intelligent wireless solutions. The company's products include mobile hotspots, routers, trackers, and other devices, which integrates hardware and software enabling machine-to-machine (M2M) applications and the Internet of Things (IoT). It offers M2M and IoT solutions that include embedded modules, and modems and gateways built to deliver connectivity supporting various spectrum of applications based on 5G/4G wireless technology. The company directly markets its products to wireless operators, as well as indirectly through strategic partners and distributors located primarily in the North America, the Caribbean and South America, and Asia. Franklin Wireless Corp. was founded in 1981 and is headquartered in San Diego, California.Show more
- Revenue$46M+49.6%
- EBITDA-$2M+66.4%
- Net Income-$243K+93.9%
- EPS (Diluted)-0.02+93.9%
- Gross Margin17.17%+50.8%
- EBITDA Margin-4.35%+77.5%
- Operating Margin-6.21%+67.8%
- Net Margin-0.53%+95.9%
- ROE-0.65%+93.7%
FKWL Price & Volume
Franklin Wireless Corp. (FKWL) stock price & volume — 10-year historical chart
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Volatile Carrier Cycles Impede Sustainable Profitability Growth
Investment Thesis • Updated 2026Q3
VerdictNegative
Growth:Mixed
Profitability:Negative
Financial:Healthy
Cash Flow:Mixed
Primary Risk:High carrier revenue concentration
Key Thesis Takeaways
- Franklin Wireless faces significant headwinds as its hardware-centric business model struggles with erratic revenue cycles, evidenced by a 57% year-over-year revenue decline in 2026Q3.
- While the company maintains a conservative capital structure with a 0.03 debt-to-equity ratio, the lack of consistent operating leverage and recurring net losses suggest long-term viability concerns.
- Investors should monitor the company's ability to stabilize cash flows, which currently exhibit extreme volatility, ranging from a $6.2M inflow in 2024Q4 to a $5.9M outflow in 2025Q3.
Verdict Logic
the company's inability to maintain positive operating margins, which reached -43.9% in 2026Q3, combined with erratic cash flow conversion, suggests significant fundamental risk for long-term investors.
FKWL Growth Metrics
Franklin Wireless Corp. (FKWL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-0.06%
5 Years-9.3%
3 Years24.3%
TTM-22.6%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM56.41%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM58.04%
Return on Capital
10 Years5.37%
5 Years5.33%
3 Years-9.44%
Last Year-7.48%
FKWL Recent Earnings
Franklin Wireless Corp. (FKWL) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 0/12 qtrs (0%)●Beat Revenue 0/12 qtrs (0%)
Q2 2026Latest
May 15, 2026Metric
Actual
Est
EPS
$0.13-1200.0%
$0.01
Rev
$100-100.0%
$10M
Q1 2026
Feb 17, 2026Metric
Actual
Est
EPS
$0.02-60.0%
$0.05
Rev
$12M+0.0%
$12M
Q4 2025
Nov 14, 2025Metric
Actual
Est
EPS
$0.05+0.0%
$0.05
Rev
$13M-0.0%
$13M
Q4 2025
Sep 29, 2025Metric
Actual
Est
EPS
$0.03
—
Rev
$7M
—
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 15, 2026 | $0.13vs $0.01-1200.0% | $100vs $10M-100.0% |
| Q1 2026 | Feb 17, 2026 | $0.02vs $0.05-60.0% | $12Mvs $12M+0.0% |
| Q4 2025 | Nov 14, 2025 | $0.05vs $0.05+0.0% | $13Mvs $13M-0.0% |
| Q4 2025 | Sep 29, 2025 | $0.03 | $7M |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Franklin Wireless Corp. (FKWL)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $2.38 | $28.05M | -115.53 | 49.65% | -0.53% | -0.65% | — | |
| $2.66 | $10.96M | -0.36 | -15.53% | -165.35% | -141.94% | — | |
| $8.18 | $133.14M | -45.44 | -13.1% | -1.26% | — | — | |
| $21.45 | $586.52M | -18.82 | 2.91% | -5.77% | -7.97% | — | |
| $9.30 | $104.91M | 25.14 | 30.75% | 17.66% | 8.33% | — | |
| $38.41 | $2.45B | 147.73 | 20.26% | 3.2% | 4.25% | — |
Compare FKWL vs Peers
Franklin Wireless Corp. (FKWL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
FKWL SEC Filings & Documents
Franklin Wireless Corp. (FKWL) SEC filings — annual & quarterly reports (10-K, 10-Q)
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FKWL Frequently Asked Questions
Franklin Wireless Corp. (FKWL) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Franklin Wireless Corp.'s revenue?
Franklin Wireless Corp. (FKWL) reported $35.0M in revenue for fiscal year 2025. This represents a 2403% increase from $1.4M in 1998.
How fast is Franklin Wireless Corp. growing?
Franklin Wireless Corp. (FKWL) grew revenue by 49.6% over the past year. This is strong growth.
Is FKWL profitable?
Franklin Wireless Corp. (FKWL) reported a net loss of $0.7M for fiscal year 2025.
Dividend & Returns
What is FKWL's return on equity?
Franklin Wireless Corp. (FKWL) has a return on equity (ROE) of -0.7%. Negative ROE indicates the company is unprofitable.
What is Franklin Wireless Corp.'s free cash flow?
Franklin Wireless Corp. (FKWL) had negative free cash flow of $3.6M in fiscal year 2025, likely due to heavy capital investments.