# FREQUENCY ELECTRONICS, INC. (FEIM) · Edgar & Edgarette company card

> Frequency Electronics (FEIM) saw revenue fall 9.4% in FY2026 to $63 million, operating margin -4.7% against a 12.5% median for instruments for meas & testing of  electricity & elec signals, equity 62.2% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 39020 · fiscal year ended 2026-04-30 · 5 audited years read · [page](https://www.pops4.com/boards/company/FEIM) · [JSON](https://www.pops4.com/boards/company/FEIM.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $63M |
| Revenue growth, 1 year | -9.4% |
| Revenue growth per year | 7.0% |
| Operating margin | -4.7% (prior year 16.8%) |
| Net margin | -1.4% |
| Operating cash flow | $1M |
| Capital spending | $3M |
| Free cash flow | −$2M |
| Cash | $2M |
| Long-term debt | — |
| Total assets | $91M |
| Total equity | $56M |
| Equity ÷ assets | 62.2% |
| Return on equity | -1.6% |
| Dividend per share | $0.2 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Altman Z: 3.56 (safe zone)
- Piotroski F: 4 of 9 (middling)
- Beneish M: -2.52 (below the −1.78 line)
- Health Harbor boat: Old boat · three warning signs · operating loss: a margin of -4.7% in FY2026; free cash flow was negative: capital spending outran operating cash (-$1.6M in FY2026); revenue is hard to predict: its 80% range is ±41%
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $63.2M (FY2026). Experience: revenue down 9.4% on the year, up 7.0% a year over 4 years; operating margin -4.7%, down from 16.8%. Soundness: equity 62.2% of assets, return on equity -1.6%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $40.5M and $97.9M next year (method v4.1: its own 6-year record of growth weighed at 63% against $50M–100M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $41.8M to $94.9M. A statistical range, not company guidance. Against peers (41 filers, $50M+ revenue, its industry group): operating margin -4.7% against a 12.5% median; growth -9.4% against 3.8%.

Range logged 2026-09-24, receipt b52c2b9af08c0508, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 1, latest 2026-10-21 ([filing](https://www.sec.gov/Archives/edgar/data/39020/000118518526004889/0001185185-26-004889-index.htm))

## Recent filings

- 8-K · filed 2026-10-21 · 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/39020/000118518526004889/0001185185-26-004889-index.htm)
- 8-K · filed 2026-10-08 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/39020/000118518526004648/0001185185-26-004648-index.htm)
- 10-Q · filed 2026-09-14 · [filing](https://www.sec.gov/Archives/edgar/data/39020/000118518526003983/0001185185-26-003983-index.htm)
- 8-K · filed 2026-09-10 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/39020/000118518526003916/0001185185-26-003916-index.htm)
- DEF 14A · filed 2026-08-28 · [filing](https://www.sec.gov/Archives/edgar/data/39020/000118518526003746/0001185185-26-003746-index.htm)
- 8-K · filed 2026-08-05 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/39020/000118518526003285/0001185185-26-003285-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000039020.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=39020

## Cite

POPS4, Edgar & Edgarette: FREQUENCY ELECTRONICS, INC. (FEIM) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/FEIM. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.