FEIM · Frequency Electronics, Inc.

Summary

Frequency Electronics, Inc. announced Q3 FY2026 financial results with revenue of $16.9 million, operating income of $1.3 million, and net income of $1.6 million ($0.16 per diluted share), compared to higher figures in the prior year. Backlog reached a record $83 million, with two new $45 million contracts received.

Key takeaways

• Revenue Q3 FY2026: $16,890 thousand vs $18,927 thousand same quarter FY2025
• Net income Q3 FY2026: $1,567 thousand ($0.16 diluted EPS) vs $15,405 thousand ($1.60 diluted EPS) FY2025
• 9-month FY2026 revenue: $47,829 thousand; net income: $4,002 thousand ($0.41 diluted EPS)
• Backlog at January 31, 2026: $83 million (vs $70 million at April 30, 2025)
• Two new contracts worth approximately $45 million received recently
• Net cash used in operating activities 9-months FY2026: $0.8 million