Frequency Electronics Income Statement

Financials in millions USD. Fiscal year is May - April.

Millions USD. Fiscal year is May - Apr.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Apr '26 Apr 30, 2026	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022
Revenue	63.23	69.81	55.27	40.78	48.3
Revenue Growth (YoY)	-9.43%	26.30%	35.55%	-15.57%	-10.98%
Cost of Revenue	44.83	39.71	36.69	32.93	39.7
Gross Profit	18.4	30.1	18.58	7.85	8.6
Selling, General & Admin	15.4	12.29	10.18	9.37	11.66
Research & Development	5.99	6.08	3.38	3.15	4.98
Total Operating Expenses	21.4	18.37	13.56	12.52	16.64
Operating Income	-3	11.73	5.02	-4.67	-8.04
Interest Income	0.67	0.52	0.56	-0.61	0.2
Interest Expense	-0.09	-0.1	-0.11	-0.16	-0.08
Other Non-Operating Income (Expense)	-0.49	-0	-0.01	0.01	-0.75
Total Non-Operating Income (Expense)	0.09	0.41	0.45	-0.76	-0.62
Pretax Income	-2.91	12.14	5.46	-5.43	-8.66
Provision for Income Taxes	-2.01	-11.54	-0.13	0.07	0
Net Income	-0.9	23.69	5.59	-5.5	-8.66
Net Income to Common	-0.9	23.69	5.59	-5.5	-8.66
Net Income Growth	-	323.42%	-	-	-
Shares Outstanding (Basic)	10	10	9	9	9
Shares Outstanding (Diluted)	10	10	9	9	9
Shares Change (YoY)	1.76%	1.94%	1.00%	0.77%	0.19%
EPS (Basic)	-0.09	2.46	0.59	-0.59	-0.93
EPS (Diluted)	-0.09	2.46	0.59	-0.59	-0.93
EPS Growth	-	316.95%	-	-	-
Free Cash Flow	-1.58	-3.24	7.22	0.26	2.18
Free Cash Flow Growth	-	-	2707.78%	-88.19%	-80.07%
Free Cash Flow Per Share	-0.16	-0.34	0.77	0.03	0.23
Gross Margin	29.10%	43.11%	33.62%	19.25%	17.80%
Operating Margin	-4.75%	16.81%	9.08%	-11.46%	-16.64%
Profit Margin	-1.43%	33.93%	10.12%	-13.49%	-17.94%
FCF Margin	-2.49%	-4.64%	13.05%	0.63%	4.51%
EBITDA	-1.11	13.79	7.14	-2.24	-5.01
EBITDA Margin	-1.76%	19.75%	12.92%	-5.49%	-10.38%
EBIT	-3	11.73	5.02	-4.67	-8.04
EBIT Margin	-4.75%	16.81%	9.08%	-11.46%	-16.64%
Effective Tax Rate	68.95%	-95.04%	-2.38%	-1.36%	-0.01%

SEC Filings: 10-K · 10-Q