Filing Flows › Frequency Electronics (FEIM) › Q1 FY27 › vs Q1 FY26
Frequency Electronics (FEIM) Q1 FY27 vs Q1 FY26 (year over year)
Frequency Electronics's revenue rose $9.6M (+70%) from $13.8M in Q1 FY26 to $23.5M in Q1 FY27. The biggest changes: Satellite Revenue +$5.3M (+81%); Government Non Space Revenue +$4.2M (+61%); Other Commercial Industrial Revenue +$166K (+38%). Gross margin 45.8% against 36.8% (+9.0 pts).
Frequency Electronics, Q1 FY27: revenue $23.5M (+70% year over year), operating margin 22.2%, net earnings $4.2M, operating cash flow $2.6M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 45.8% | 36.8% | +9.0 pts |
| Operating margin | 22.2% | 2.6% | +19.5 pts |
| Net margin | 18.0% | 4.6% | +13.4 pts |
| Free cash flow margin | 7.6% | 2.8% | +4.8 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Satellite Revenue | $11.8M | $6.5M | $5.3M | +81% |
| Government Non Space Revenue | $11.1M | $6.9M | $4.2M | +61% |
| Other Commercial Industrial Revenue | $605K | $439K | $166K | +38% |
| Revenue | $23.5M | $13.8M | $9.6M | +70% |
| Gross profit | $10.8M | $5.1M | $5.7M | +112% |
| Cost of revenue | $12.7M | $8.7M | $4.0M | +45% |
| Operating profit | $5.2M | $364K | $4.8M | 14× |
| Operating expenses | $5.5M | $4.7M | $832K | +18% |
| Pre-tax earnings | $5.2M | $557K | $4.7M | +841% |
| Research & development | $1.4M | $1.1M | $312K | +28% |
| SG&A | $4.1M | $3.6M | $520K | +15% |
| Net earnings | $4.2M | $634K | $3.6M | +565% |
| Income tax | $1.0M | −$77K | $1.1M | — |
| Depreciation & amortization | $287K | $470K | −$183K | -39% |
| Working capital & other | $1.9M | −$57K | $1.9M | — |
| Operating cash flow | $2.6M | $1.2M | $1.5M | +126% |
| Free cash flow (OCF − capex) | $1.8M | $385K | $1.4M | +362% |
| Capital expenditures | $844K | $776K | $68K | +9% |
Questions
How much did Frequency Electronics's revenue grow year over year in Q1 FY27?
Frequency Electronics's revenue rose $9.6M (+70%) from $13.8M in Q1 FY26 to $23.5M in Q1 FY27.
What drove Frequency Electronics's revenue change in Q1 FY27?
Satellite Revenue +$5.3M (+81%); Government Non Space Revenue +$4.2M (+61%); Other Commercial Industrial Revenue +$166K (+38%).