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Franklin Wireless Corp. logo

Franklin Wireless Corp.

FKWL

NASDAQTechnologyCommunication Equipment

Open in GoAI

Regular session

$2.46

−$0.04 · -1.60%

Aug 24, 11:12 AM ET

FKWL company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

54

Fair Value

Momentum

22

Weakening

Sentiment

40

Bearish

Risk resilience

44

Elevated Risk

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AI-generated, informational only, and not investment advice.

Company profile

Company website

Franklin Wireless Corp. delivers sophisticated wireless connectivity solutions. Its product range features mobile hotspots, routers, trackers, and similar devices, all incorporating integrated hardware and software to facilitate machine-to-machine (M2M) communication and Internet of Things (IoT) applications. The company also offers specialized M2M and IoT systems, including embedded modules, modems, and gateways, engineered to provide robust connectivity for a diverse array of uses leveraging advanced 5G and 4G wireless technologies. Franklin Wireless distributes its products directly to telecommunication operators, as well as indirectly through its network of strategic partners and distributors, primarily serving regions in North America, the Caribbean, South America, and Asia. Established in 1981, the company's headquarters are located in San Diego, California.

Industry
Communication Equipment
Sector
Technology
Headquarters
US
CEO
Chae Kim
Listed since
Aug 3, 2007
Employees
67

Market position

Day range

Current $2.46

52-week range

Current $2.46

Open
$2.47
Previous close
$2.50
Volume
6.45K
0.23× average
Average volume
27.69K
Average daily volume
Market cap
28.99M USD
Beta
0.3
Market reference 1
50-day average
$2.4392
+0.85% above average
200-day average
$3.5678
-31.05% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
35.91M USD
P/E (TTM)
-41.48×
P/B (TTM)
0.87×
P/S (TTM)
0.83×
EV / EBITDA
53.23×
Earnings yield
-0.49%
Free cash flow yield
3.68%
Dividend yield
1.63%

Profitability & efficiency

Gross margin
19.22%
Operating margin
-6.25%
Net margin
-2.07%
Return on equity
-0.70%
Return on assets
-0.47%
Return on invested capital
-5.51%

Financial health

Debt / equity
0.03×
Current ratio
3.64×
Altman Z-score
3.31
Piotroski F-score
0 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends21%6%-9%-25%Gross margin, FY2021: 17.63%Gross margin, FY2022: 15.90%Gross margin, FY2023: 15.28%Gross margin, FY2024: 11.39%Gross margin, FY2025: 17.17%Operating margin, FY2021: 12.39%Operating margin, FY2022: -20.73%Operating margin, FY2023: -5.11%Operating margin, FY2024: -19.29%Operating margin, FY2025: -6.21%Net margin, FY2021: 9.61%Net margin, FY2022: -15.68%Net margin, FY2023: -6.23%Net margin, FY2024: -12.87%Net margin, FY2025: -0.53%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 17.63%. Gross margin FY2022 15.90%. Gross margin FY2023 15.28%. Gross margin FY2024 11.39%. Gross margin FY2025 17.17%. Operating margin FY2021 12.39%. Operating margin FY2022 -20.73%. Operating margin FY2023 -5.11%. Operating margin FY2024 -19.29%. Operating margin FY2025 -6.21%. Net margin FY2021 9.61%. Net margin FY2022 -15.68%. Net margin FY2023 -6.23%. Net margin FY2024 -12.87%. Net margin FY2025 -0.53%.

Income trends

Revenue

46.09M USD+49.65%

Operating income

−2.86M USD+51.79%

Net income

−243.1K USD+93.87%
Income trends across reported periods203.12M USD127.1M USD51.08M USD−24.95M USDRevenue, FY2021: 184.12M USDRevenue, FY2022: 24M USDRevenue, FY2023: 45.95M USDRevenue, FY2024: 30.8M USDRevenue, FY2025: 46.09M USDOperating income, FY2021: 22.82M USDOperating income, FY2022: −4.97M USDOperating income, FY2023: −2.35M USDOperating income, FY2024: −5.94M USDOperating income, FY2025: −2.86M USDNet income, FY2021: 17.7M USDNet income, FY2022: −3.76M USDNet income, FY2023: −2.86M USDNet income, FY2024: −3.96M USDNet income, FY2025: −243.1K USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 184.12M USD. Revenue FY2022 24M USD. Revenue FY2023 45.95M USD. Revenue FY2024 30.8M USD. Revenue FY2025 46.09M USD. Operating income FY2021 22.82M USD. Operating income FY2022 −4.97M USD. Operating income FY2023 −2.35M USD. Operating income FY2024 −5.94M USD. Operating income FY2025 −2.86M USD. Net income FY2021 17.7M USD. Net income FY2022 −3.76M USD. Net income FY2023 −2.86M USD. Net income FY2024 −3.96M USD. Net income FY2025 −243.1K USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue46.09M USD30.8M USD45.95M USD24M USD184.12M USD
Cost of goods sold38.17M USD27.29M USD38.93M USD20.18M USD151.65M USD
Gross profit7.92M USD3.51M USD7.02M USD3.82M USD32.46M USD
Research and development4.1M USD3.41M USD3.92M USD4.28M USD4.57M USD
Selling, general, and administrative6.68M USD6.04M USD5.45M USD4.51M USD5.08M USD
Operating expenses10.78M USD9.45M USD9.37M USD8.79M USD9.65M USD
Interest income695.13K USD804.15K USD459.87K USD71.38K USD8.79K USD
Depreciation and amortization860.22K USD−16.35K USD1.19M USD971.4K USD912.3K USD
Operating income−2.86M USD−5.94M USD−2.35M USD−4.97M USD22.82M USD
Net income−243.1K USD−3.96M USD−2.86M USD−3.76M USD17.7M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
0%
0 beats, 2 misses, 1 met estimate
Average EPS surprise
-420.00%
3 comparable reports
Latest EPS result
-0.13
Estimate -0.01 · Miss by 1200.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.090-0.08-0.17Q4 '24No estimateQ1 '25No estimateQ2 '25No estimateQ3 '25No estimateQ4 '25MetQ1 '26MissQ2 '26MissQ3 '26Estimate
Q4 2024, reported Nov 14, 2024: actual 0.04, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 14, 2025: actual 0.02, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 15, 2025: actual -0.05, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 29, 2025: actual -0.03, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 14, 2025: actual 0.05, estimate 0.05, surprise 0.00%, Met estimate. Q1 2026, reported Feb 17, 2026: actual 0.02, estimate 0.05, surprise -60.00%, Miss. Q2 2026, reported May 15, 2026: actual -0.13, estimate -0.01, surprise -1200.00%, Miss. Q3 2026, reported Sep 21, 2026: actual —, estimate -0.03, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates18.98M13.63M8.28M2.93MQ4 '24No estimateQ1 '25No estimateQ2 '25No estimateQ3 '25No estimateQ4 '25MissQ1 '26MetQ2 '26MissQ3 '26Estimate
Q4 2024, reported Nov 14, 2024: actual 13.32M USD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 14, 2025: actual 17.83M USD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 15, 2025: actual 8.01M USD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 29, 2025: actual 6.93M USD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 14, 2025: actual 12.74M USD, estimate 12.75M USD, surprise -0.00%, Miss. Q1 2026, reported Feb 17, 2026: actual 11.93M USD, estimate 11.93M USD, surprise 0.00%, Met estimate. Q2 2026, reported May 15, 2026: actual 3.44M USD, estimate 9.9M USD, surprise -65.21%, Miss. Q3 2026, reported Sep 21, 2026: actual —, estimate 10.6M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$6.00

143.90% upside
Past 12 months12-month forecastHigh $6.00Average $6.00Low $6.00

FKWL news

globenewswire.com

Franklin Access Launches RG3100 5G Mobile Router Hotspot on T-Mobile's Advanced 5G Network

Next-generation mobile router hotspot combines 5G-Advanced ready performance, Wi-Fi 7, Gigabit per Second Ethernet and enterprise management in a compact portable design Next-generation mobile router hotspot combines…

Read source
zacks.com

FKWL Q3 Loss Widens Y/Y as Sales Drops 57% Amid Product Shift

Franklin Wireless reports a wider y/y loss in Q3, as sales tumble 57%, hurt by weak hotspot demand, and a shift toward routers and telecom modules.

Read source
globenewswire.com

Franklin Access introduces Enterprise-Grade Security Wi-Fi Routers with triple-layer protection for families and businesses, and an easy-to-use mobile app

SAN DIEGO, May 26, 2026 (GLOBE NEWSWIRE) -- Franklin Access (DBA of Franklin Wireless), a global leader in 5G and 4G LTE wireless solutions, announced the launch of a sophisticated three-layer security system integrated…

Read source

Corporate actions

Corporate action history

Dividend

Ex-dividend Nov 14, 2025

$0.04

Special

Record Nov 14, 2025 · Payment Dec 2, 2025

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ETFs holding FKWL

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

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
675.68K
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$376.98-0.33%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
229.24K
Weight
0.00%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$243.82-0.70%
iShares Micro-Cap ETF logoiShares Micro-Cap ETFIWC
Market value
82.52K
Weight
0.01%
AUM
1.53B USD
Expense ratio
0.60%
Price / 1D
$197.24-0.45%
Dimensional U.S. Equity ETF logoDimensional U.S. Equity ETFDFUS
Market value
8.94K
Weight
0.00%
AUM
21.52B USD
Expense ratio
0.09%
Price / 1D
$83.34-0.36%
Dimensional - US Sustainability Core 1 ETF logoDimensional - US Sustainability Core 1 ETFDFSU
Market value
10.04
Weight
0.00%
AUM
2.35B USD
Expense ratio
0.15%
Price / 1D
$48.19-0.02%
Dimensional - US Core Equity 1 ETF logoDimensional - US Core Equity 1 ETFDCOR
Market value
10.04
Weight
0.00%
AUM
3.51B USD
Expense ratio
0.14%
Price / 1D
$84.345-0.23%

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