Filing Flows › Frequency Electronics (FEIM) › Q4 FY26
Frequency Electronics (FEIM) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Jul 17, 2026
Frequency Electronics (FEIM) reported revenue of $15.4M for the fourth quarter fiscal 2026 (Q4 FY26), -23% from a year earlier and -9% from the quarter before. Operating margin was -41.2%, net loss $4.9M (31.9% of revenue).
Frequency Electronics, Q4 FY26: revenue $15.4M (-23% year over year), operating margin -41.2%, net loss $4.9M, operating cash flow $2.1M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $15.4M | -9% | -23% |
| Operating profit | −$6.3M | -600% | -294% |
| Net earnings | −$4.9M | -413% | -253% |
| Operating cash flow | $2.1M | — | — |
| Free cash flow | $1.5M | — | — |
What changed
Revenue was $15.4M in Q4 FY26, down 23% year over year and down 9% from the previous quarter. Satellite Revenue was the largest line at 50% of revenue.
Gross margin was 1.0%, down 36.5 points from Q4 FY25. Operating costs exceeded revenue by $6.3M, an operating margin of -41.2%. Operating expenses grew 54% against a revenue fall of 23%. The fastest-growing cost line was SG&A (+72%). The quarter ended with a net loss of $4.9M, after a profit of $1.6M the previous quarter.
Operating cash flow was $2.1M. Non-cash charges added back $479K of depreciation and amortization. Working capital and other items added $6.5M. Capital expenditures of $605K left free cash flow of $1.5M.
Questions
What was Frequency Electronics' revenue in the fourth quarter fiscal 2026?
Frequency Electronics (FEIM) reported revenue of $15.4M for the fourth quarter fiscal 2026 (Q4 FY26), -23% from a year earlier and -9% from the quarter before.
Was Frequency Electronics profitable in the fourth quarter fiscal 2026?
Operating loss was $6.3M (-41.2% of revenue) and net loss $4.9M.