Frequency Electronics, Inc. logo

Frequency Electronics, Inc.

FEIM

NASDAQTechnologyCommunication Equipment

Previous close

$61.69

−$3.85 · -5.87%

Aug 21, 4:00 PM ET

Pre-market

$60.00

−$1.69 · -2.74%

Aug 24, 4:28 AM ET

FEIM company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

74

Undervalued

Momentum

49

Neutral

Sentiment

47

Mixed

Risk resilience

49

Elevated Risk

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Company profile

Company website

Frequency Electronics, Inc. (FEIM) is a firm dedicated to the design, development, production, and sale of highly precise timing and frequency control products and their associated components. These specialized items are primarily intended for microwave integrated circuit applications. The company's operations are divided into two main segments. The FEI-NY segment is responsible for advanced timekeeping, frequency generation, and synchronization systems, which find utility in communication satellites, ground-based cellular telecommunication stations, and other similar terrestrial installations. This segment also supplies bespoke components and systems to the United States military. Meanwhile, the FEI-Zyfer segment focuses on crafting precision navigation and timing solutions. These solutions predominantly leverage Global Positioning System (GPS) technologies and are integrated into diverse platforms such as radar systems, airborne SIGINT/COMINT intelligence-gathering platforms, information networks, specialized test equipment, military command and control terminals, and satellite ground stations. The array of products offered by Frequency Electronics supports a wide spectrum of clients, including commercial and governmental satellite programs, and is crucial for secure communications, comprehensive C4ISR (Command, Control, Communication, Computer, Intelligence, Security and Reconnaissance) initiatives, and electronic warfare operations undertaken by the U.S. government across land-based, maritime, and airborne systems. To reach its global customer base, the company employs both direct sales channels and collaborates with independent sales organizations situated throughout the United States, Europe, and Asia. Established in 1961, Frequency Electronics, Inc. maintains its corporate headquarters in Mitchel Field, New York.

Industry
Communication Equipment
Sector
Technology
Headquarters
US
CEO
Thomas McClelland
Listed since
Jun 18, 1980
Employees
237

Market position

Day range

Current $61.69

52-week range

Current $61.69

Open
$66.20
Previous close
$65.54
Volume
345.36K
1.38× average
Average volume
250.55K
Average daily volume
Market cap
608.89M USD
Beta
0.66
Market reference 1
50-day average
$67.7608
-8.96% below average
200-day average
$54.4541
+13.29% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
496.76M USD
P/E (TTM)
-650.74×
P/B (TTM)
10.7×
P/S (TTM)
9.63×
EV / EBITDA
-170.83×
Earnings yield
-0.18%
Free cash flow yield
-0.32%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
29.10%
Operating margin
-4.75%
Net margin
-1.43%
Return on equity
-1.60%
Return on assets
-1.00%
Return on invested capital
-4.18%

Financial health

Debt / equity
0.14×
Current ratio
2.29×
Altman Z-score
11.64
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends49%25%0%-24%Gross margin, FY2022: 17.80%Gross margin, FY2023: 19.25%Gross margin, FY2024: 33.62%Gross margin, FY2025: 43.11%Gross margin, FY2026: 29.10%Operating margin, FY2022: -16.64%Operating margin, FY2023: -11.46%Operating margin, FY2024: 9.08%Operating margin, FY2025: 16.81%Operating margin, FY2026: -4.75%Net margin, FY2022: -17.94%Net margin, FY2023: -13.49%Net margin, FY2024: 10.12%Net margin, FY2025: 34.09%Net margin, FY2026: -1.43%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 17.80%. Gross margin FY2023 19.25%. Gross margin FY2024 33.62%. Gross margin FY2025 43.11%. Gross margin FY2026 29.10%. Operating margin FY2022 -16.64%. Operating margin FY2023 -11.46%. Operating margin FY2024 9.08%. Operating margin FY2025 16.81%. Operating margin FY2026 -4.75%. Net margin FY2022 -17.94%. Net margin FY2023 -13.49%. Net margin FY2024 10.12%. Net margin FY2025 34.09%. Net margin FY2026 -1.43%.

Income trends

Revenue

63.23M USD-9.43%

Operating income

−3M USD−14.73M USD

Net income

−903K USD−24.71M USD
Income trends across reported periods77.66M USD46.27M USD14.88M USD−16.51M USDRevenue, FY2022: 48.3M USDRevenue, FY2023: 40.78M USDRevenue, FY2024: 55.27M USDRevenue, FY2025: 69.81M USDRevenue, FY2026: 63.23M USDOperating income, FY2022: −8.04M USDOperating income, FY2023: −4.67M USDOperating income, FY2024: 5.02M USDOperating income, FY2025: 11.73M USDOperating income, FY2026: −3M USDNet income, FY2022: −8.66M USDNet income, FY2023: −5.5M USDNet income, FY2024: 5.59M USDNet income, FY2025: 23.8M USDNet income, FY2026: −903K USDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 48.3M USD. Revenue FY2023 40.78M USD. Revenue FY2024 55.27M USD. Revenue FY2025 69.81M USD. Revenue FY2026 63.23M USD. Operating income FY2022 −8.04M USD. Operating income FY2023 −4.67M USD. Operating income FY2024 5.02M USD. Operating income FY2025 11.73M USD. Operating income FY2026 −3M USD. Net income FY2022 −8.66M USD. Net income FY2023 −5.5M USD. Net income FY2024 5.59M USD. Net income FY2025 23.8M USD. Net income FY2026 −903K USD.
Metric (USD)FY2026FY2025FY2024FY2023FY2022
Revenue63.23M USD69.81M USD55.27M USD40.78M USD48.3M USD
Cost of goods sold44.83M USD39.71M USD36.69M USD32.93M USD39.7M USD
Gross profit18.4M USD30.1M USD18.58M USD7.85M USD8.6M USD
Research and development5.99M USD6.08M USD3.38M USD3.15M USD4.98M USD
Selling, general, and administrative15.4M USD12.29M USD10.18M USD9.37M USD11.66M USD
Operating expenses21.4M USD18.37M USD13.56M USD12.52M USD16.64M USD
Interest income519K USD
Interest expense104K USD109K USD156K USD77K USD
Depreciation and amortization2.06M USD2.12M USD2.4M USD3.01M USD
Operating income−3M USD11.73M USD5.02M USD−4.67M USD−8.04M USD
Net income−903K USD23.8M USD5.59M USD−5.5M USD−8.66M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
20%
1 beat, 4 misses, 0 met estimates
Average EPS surprise
-87.00%
5 comparable reports
Latest EPS result
-0.5
Estimate 0.27 · Miss by 288.68%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.770.960.14-0.67Q4 '24No estimateQ1 '25No estimateQ3 '25BeatQ3 '25MissQ4 '25MissQ1 '26MissQ3 '26MissQ3 '26Estimate
Q4 2024, reported Dec 10, 2024: actual 0.28, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 13, 2025: actual 1.6, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Jul 10, 2025: actual 0.34, estimate 0.27, surprise +25.93%, Beat. Q3 2025, reported Sep 11, 2025: actual 0.07, estimate 0.43, surprise -83.72%, Miss. Q4 2025, reported Dec 11, 2025: actual 0.18, estimate 0.305, surprise -40.98%, Miss. Q1 2026, reported Mar 11, 2026: actual 0.16, estimate 0.305, surprise -47.54%, Miss. Q3 2026, reported Jul 15, 2026: actual -0.5, estimate 0.265, surprise -288.68%, Miss. Q3 2026, reported Sep 10, 2026: actual —, estimate 0.15, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates20.79M18.19M15.6M13.01MQ4 '24No estimateQ1 '25No estimateQ3 '25BeatQ3 '25MissQ4 '25MissQ1 '26MissQ3 '26MissQ3 '26Estimate
Q4 2024, reported Dec 10, 2024: actual 15.82M USD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 13, 2025: actual 18.93M USD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Jul 10, 2025: actual 19.99M USD, estimate 16.41M USD, surprise +21.77%, Beat. Q3 2025, reported Sep 11, 2025: actual 13.81M USD, estimate 17.1M USD, surprise -19.23%, Miss. Q4 2025, reported Dec 11, 2025: actual 17.13M USD, estimate 19.06M USD, surprise -10.16%, Miss. Q1 2026, reported Mar 11, 2026: actual 16.89M USD, estimate 19.06M USD, surprise -11.41%, Miss. Q3 2026, reported Jul 15, 2026: actual 15.4M USD, estimate 18.58M USD, surprise -17.10%, Miss. Q3 2026, reported Sep 10, 2026: actual —, estimate 17.85M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$43.67

29.21% downside
Past 12 months12-month forecastHigh $46.00Average $43.67Low $42.00

FEIM news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.20

2007 complete year0.0% since 2003

Corporate action history

Dividend

Ex-dividend Aug 8, 2024

$1.00

Special

Record Aug 8, 2024 · Payment Aug 29, 2024

Dividend

Ex-dividend Jan 5, 2023

$1.00

Special

Record Jan 6, 2023 · Payment Jan 27, 2023

Dividend

Ex-dividend Dec 20, 2012

$0.20

Special

Record Dec 24, 2012 · Payment Dec 31, 2012

Dividend

Ex-dividend Oct 29, 2007

$0.10

Semi-Annual

Record Oct 31, 2007 · Payment Dec 1, 2007

Dividend

Ex-dividend May 25, 2007

$0.10

Semi-Annual

Record Apr 30, 2007 · Payment Jun 1, 2007

Dividend

Ex-dividend Oct 27, 2006

$0.10

Semi-Annual

Record Oct 31, 2006 · Payment Dec 1, 2006

FEIM peers

ETFs holding FEIM

Funds reporting this stock among their holdings, ordered by reported position size.

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