FEIM at a glance
FREQUENCY ELECTRONICS INC (FEIM, SEC CIK 39020) filed its latest 10-K annual report on July 17, 2026, a 10-Q quarterly report on September 14, 2026, an 8-K current report on September 10, 2026 and Form 4 insider filings as recently as September 23, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended April 30, 2026 (FY2026), FREQUENCY ELECTRONICS INC (FEIM) reported revenue of $63.2 million (down 9.4% from FY2025) and a net loss of $903,000. Diluted EPS was -$0.09.
- As of June 30, 2026, 24 institutional investment managers tracked by SignalX reported holding FREQUENCY ELECTRONICS INC (FEIM) shares worth $139.0 million in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Edenbrook Capital, LLC on July 28, 2026 of 97,826 shares at $57.50 per share.
- In the last 90 days, FEIM insiders reported 0 open-market purchases ($0) and 2 open-market sales ($37.5M) on Form 4, a net sale of $37.5M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2026
- $63.2M
- −9.4% vs prior year
- Insiders · 90 days
- 0 buys · 2 sells
- Net −$37.5M
- 13F holders
- 24 funds
- $139.0M · +3 vs prior quarter
- Latest 8-K
- Sep 10, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Apr 30, 2026
Management Discussion & Analysis
- Revenue $63.2M, down 9.4% YoY from $69.8M; FEI-NY down 14.3% to $45.7M, FEI-Zyfer up 16.5% to $21.7M
- Gross margin 29.1% vs 43.1%, operating loss $(3.0)M vs $11.7M income, SG&A 24.4% vs 17.6%, R&D 9.5% vs 8.7%
- Best segment: FEI-Zyfer revenues $21.7M up 16.5%; Worst segment: FEI-NY revenues $45.7M down 14.3%
- Operating cash flow $1.3M positive vs $(1.4)M prior year; Capex $2.9M vs $1.8M; $1.6M spent on share repurchases; $9.6M special dividend paid in prior year
- Management outlook: focus on ALT-PNT, quantum sensing, space defense, satellite programs growth; expects operating leverage as revenue increases; risks include reliance on key customers, inflation impact, and integration of new credit facility
Business Overview
- Core business model: Precision time and frequency generation technology for commercial and U.S. Government satellite and secure communications systems
- New emphasis on quantum sensing products (magnetometers, Rydberg sensors) leveraging atomic clock physics, targeting a growing market segment
- Strategic focus shift: Prioritizing satellite payloads, C4ISR, and Electronic Warfare markets for significant revenue growth opportunities
- Backlog increased to $111M from $70M prior year, with 73% expected to be filled in fiscal 2027
- Revenue contribution shift: FEI-NY segment revenue 72% in 2026 (down from 76% in 2025), FEI-Zyfer up to 34% from 27%, reflecting expanded GPS tech integration
Risk Factors
- Regulatory risk: OFAC sanctions on Morion, a subsidiary of Russian Gazprombank, designated Specially Designated National on Oct 30, 2024, blocking all commercial ties
- Geopolitical risk: 91% of sales depend on U.S. Government programs, subject to funding cuts, continuing resolutions, and debt ceiling risks impacting contract funding
- Supply chain risk: Dependence on space-qualified suppliers for key materials like circuit boards, risking delays, increased costs, and redesign needs due to supplier quality or consolidation issues
- Competitive risk: LEO commercial satellite systems with lower life requirements threaten demand for Frequency’s high-performance, longer-lived geosynchronous orbit products
- Financial risk: $10 million senior secured revolving credit facility covenants on leverage and fixed charge coverage risk default and acceleration of debt repayments
AI summary of the FEIM 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jul 31, 2026
Management Discussion & Analysis
- Revenue $23.451M, up 69.8% YoY from $13.812M
- FEI-Zyfer best-performing segment, revenue $6.957M, up 87.1% YoY
- Gross margin 45.8% vs 36.8%; operating margin 22.2% vs 2.6% YoY
- Cash $61.4M vs $1.6M; operating cash flow $2.6M vs $1.2M
- $58.1M financing proceeds from July offering; backlog $129M vs $111M at April 30, 2026
Risk Factors
- No material changes or updates to 10-K risk factors reported for the quarter
- Carried-forward business risk: potential material adverse effects on business, financial position, operations, or cash flows
- Financial risk: share repurchases remain subject to Credit Agreement covenants
- Liquidity risk: $19,009,026 remained available under the repurchase authorization at July 31, 2026
AI summary of the FEIM 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Item 2.02 text contains only incorporation-by-reference language
- No fiscal 2026 operating results or financial figures disclosed in the provided excerpt
Item EX-99.1: Item EX-99.1
- Q1 FY2027 revenue $23.5M, up 70% YoY and 52% sequentially; strongest reported growth signal
- Operating income $5.2M versus $0.4M, with operating margin exceeding 22%
Item 8.01: Other Events
- Underwriters exercised full 260,869-share option, increasing the July offering’s primary issuance
- Option Shares generated approximately $14.1 million gross proceeds for FEIM
Item 1.01: Entry into a Material Definitive Agreement
- Company raised approximately $62.5 million gross through sale of 1,086,957 shares at $57.50 each
- 652,174 secondary shares sold by Edenbrook funds, generating no proceeds for Frequency Electronics
AI summaries of FEIM 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for FEIM
Don't miss the next FEIM filing
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- Fund moves. Which tracked funds opened, added or cut FEIM, by share count.
- Ask anything. An AI agent that reads every FEIM filing and answers with sources.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| MCCLELLAND THOMAS | A | Sep 9, 2026 | 50,000 | - |
| MCCLELLAND THOMAS | F | Jul 31, 2026 | 12,888 | $57.97 |
| Bernstein Steven Lawrence | F | Jul 31, 2026 | 9,022 | $57.97 |
| Edenbrook Capital, LLC | Sell | Jul 28, 2026 | 97,826 | $57.50 |
| Edenbrook Capital, LLC | Sell | Jul 28, 2026 | 554,348 | $57.50 |
| Bernstein Steven Lawrence | A | Apr 30, 2026 | 30,000 | - |
| MCCLELLAND THOMAS | A | Apr 30, 2026 | 50,000 | - |
| MCCLELLAND THOMAS | F | Jan 4, 2026 | 6,629 | $50.55 |
Financial SummaryXBRL
| Metric | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $69.8M | $63.2M |
| Gross Profit | $18.6M | $30.1M | $18.4M |
| Operating Income | - | $11.7M | -$3.0M |
| Net Income | - | $23.7M | -$903K |
| Gross Margin | - | 43.1% | 29.1% |
| Op. Margin | - | 16.8% | -4.7% |
| Net Margin | - | 33.9% | -1.4% |
| Balance Sheet | |||
| Total Assets | $83.3M | $93.7M | $90.7M |
| Equity | - | $55.6M | $56.4M |
| ROE | - | 42.6% | -1.6% |
| Per Share | |||
| EPS | - | $2.46 | $-0.09 |
| Cash Flow | |||
| Operating CF | - | -$1.4M | $1.3M |
| CapEx | - | $1.8M | $2.9M |
Source: XBRL data in FREQUENCY ELECTRONICS INC (FEIM)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate FEIM share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 24 | $139.0M |
| Q1 2026 | 21 | $93.4M |
| Q4 2025 | 24 | $120.6M |
| Q3 2025 | 21 | $83.8M |
| Q2 2025 | 20 | $50.4M |
| Q1 2025 | 13 | $25.1M |
| Q4 2024 | 9 | $28.0M |
| Q3 2024 | 7 | $13.1M |
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Source: 13F-HR filings on SEC EDGAR (aggregated from 139 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
FEIM filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Sep 23, 2026 | - | - | - |
| 4 | Sep 23, 2026 | - | - | - |
| 10-Q | Sep 14, 2026 | Jul 31, 2026 | Analysis | |
| 8-K | Sep 10, 2026 | - | Analysis | - |
| SC 13G | Aug 14, 2026 | - | - | |
| 8-K | Aug 5, 2026 | - | Analysis | - |
| 4 | Aug 4, 2026 | - | - | - |
| 8-K | Jul 30, 2026 | - | Analysis | - |
| 4 | Jul 30, 2026 | - | - | - |
| SC 13G | Jul 28, 2026 | - | - | |
| 10-K | Jul 17, 2026 | Apr 30, 2026 | Analysis | |
| 8-K | Jul 15, 2026 | - | Analysis | - |
| 8-K | Jun 12, 2026 | - | Analysis | - |
| 10-Q | Mar 17, 2026 | Jan 31, 2026 | Analysis | |
| 8-K | Mar 11, 2026 | - | Analysis | - |
| 10-Q | Dec 15, 2025 | Oct 31, 2025 | Analysis | |
| 8-K | Dec 11, 2025 | - | - | |
| 10-Q | Sep 15, 2025 | Jul 31, 2025 | - | |
| SC 13G | Jul 29, 2025 | - | - | |
| 10-K | Jul 18, 2025 | Apr 30, 2025 | - | |
| 10-Q | Mar 17, 2025 | Jan 31, 2025 | - | |
| 10-Q | Dec 16, 2024 | Oct 31, 2024 | - | |
| 10-Q | Sep 13, 2024 | Jul 31, 2024 | - | |
| 10-K | Aug 2, 2024 | Apr 30, 2024 | - | |
| 10-Q | Mar 18, 2024 | Jan 31, 2024 | - |
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FEIM SEC filings: frequently asked questions
Are FEIM insiders buying or selling?
In the last 90 days, FREQUENCY ELECTRONICS INC (FEIM) officers, directors and 10% owners reported no open-market purchases and 2 open-market sales worth $37.5 million by 1 insider on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold FEIM stock?
As of June 30, 2026, the largest FREQUENCY ELECTRONICS INC (FEIM) holders among the 13F filers tracked by SignalX were BlackRock ($34.3 million), Vanguard Capital Management LLC ($19.4 million), Dimensional Fund Advisors ($15.1 million), Goldman Sachs Group ($13.6 million), State Street Corp ($9.1 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was FEIM's revenue in fiscal year 2026?
For the fiscal year ended April 30, 2026 (FY2026), FREQUENCY ELECTRONICS INC (FEIM) reported revenue of $63.2 million (down 9.4% from FY2025) and a net loss of $903,000. Diluted EPS was -$0.09. The figures come from the XBRL data in the 10-K.
What are the main risks in FEIM's latest 10-K?
In the 10-K filed July 17, 2026, FREQUENCY ELECTRONICS INC (FEIM) flagged: Regulatory risk: OFAC sanctions on Morion, a subsidiary of Russian Gazprombank, designated Specially Designated National on Oct 30, 2024, blocking all commercial ties. Geopolitical risk: 91% of sales depend on U.S. Government programs, subject to funding cuts, continuing resolutions, and debt ceiling risks impacting contract funding. (AI summary of the Risk Factors section.)
What did FEIM report in its latest 8-K?
FREQUENCY ELECTRONICS INC (FEIM) filed an 8-K on September 10, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Item 2.02 text contains only incorporation-by-reference language.
What are the latest FEIM SEC filings?
FREQUENCY ELECTRONICS INC (FEIM) filed its latest 10-K annual report on July 17, 2026, a 10-Q quarterly report on September 14, 2026, an 8-K current report on September 10, 2026 and a Form 4 insider filing on September 23, 2026.
What is FEIM's SEC CIK number?
FREQUENCY ELECTRONICS INC (FEIM)'s SEC Central Index Key (CIK) is 39020. EDGAR lists every FEIM filing under that number.
Ask anything about FEIM
The research agent reads FEIM's filings, financials, insider trades and 13F holders, then answers with sources.