FEIM on Nasdaq
FREQUENCY ELECTRONICS INC
FREQUENCY ELECTRONICS INC is an American Instruments For Meas and Testing of Electricity and Elec Signals company.2 It is headquartered in Uniondale, United States.2 Its shares trade on Nasdaq under the symbol FEIM.2
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Last updated Oct 21, 2026.
Overview
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- TickerFEIM on Nasdaq2
- IndustryInstruments For Meas & Testing of Electricity & Elec Signals2
- HeadquartersUniondale, United States2
- Incorporated inDE4
- Business address55 Charles Lindbergh Blvd, Mitchel Field, Ny 115534
- Filer categoryNon-accelerated filer, Smaller reporting company4
- Legal formCorporation2
- LEI549300S56SO2JB5JBE312
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressC/O United States Corporation Company, 19808 Wilmington, United States2
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(“EW”) systems. Its technology is used for a wide range of space and non-space applications.5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2026
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
POCRevenue brought in 48% of the revenue FREQUENCY ELECTRONICS INC broke down this way in fiscal 2026.
Products and services by year
| Products and services | 2025 | 2026 |
|---|---|---|
| POCRevenue | $65.8M | $57.7M |
| Government Non Space Revenue | $26.5M | $38.0M |
| Satellite Revenue | $40.9M | $23.1M |
| Other Commercial Industrial Revenue | $2.4M | $2.1M |
Regions
Geographic Distribution, Domestic brought in 44% of the revenue FREQUENCY ELECTRONICS INC broke down this way in fiscal 2026.
Regions by year
| Regions | 2025 | 2026 |
|---|---|---|
| Geographic Distribution, Domestic | $65.4M | $57.7M |
| NY | $53.3M | $45.7M |
| Canada | $18.7M | $21.7M |
| Geographic Distribution, Foreign | $4.4M | $5.5M |
Where the money goes
Where each dollar of revenue went, fiscal 2026
- Cost of revenue66¢$44.8M
- Research and development9¢$6.0M
- Selling, general and admin23¢$15.4M
- Interest0¢$87.0K
- Income tax3¢$2.0M
Out of $63.2M in revenue.3 The company lost money this year.
Where each dollar of operating cash went, fiscal 2026
- Capital spending64¢$2.9M
- Share buybacks36¢$1.6M
Out of $1.3M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.3
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.3
| Period ending | 2026-04-30 | 2025-04-30 |
|---|---|---|
| Revenues | $63.2M | $69.8M |
| Cost of revenues | $44.8M | $39.7M |
| Gross margin | $18.4M | $30.1M |
| Selling and administrative expenses | $15.4M | $12.3M |
| Research and development expenses | $6.0M | $6.1M |
| Operating (loss) income | -$3.0M | $11.7M |
| Income on investments | $673.0K | $519.0K |
| Interest expense | -$87.0K | -$104.0K |
| Other expense, net | -$493.0K | -$3.0K |
| (Loss) income before benefit from income taxes | -$2.9M | $12.1M |
| Benefit from income taxes | -$2.0M | -$11.5M |
| Net (loss) income | -$903.0K | $23.7M |
| Basic (loss) income per share (in Dollars per share) | -$0.09 | $2.46 |
| Diluted (loss) income per share (in Dollars per share) | -$0.09 | $2.46 |
| Basic (in Shares) | 9.8M shares | 9.6M shares |
| Diluted (in Shares) | 9.8M shares | 9.6M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.3
| Period ending | 2026-04-30 | 2025-04-30 | 2024-04-30 |
|---|---|---|---|
| Cash and cash equivalents | $1.6M | $4.7M | |
| Accounts receivable, net of allowances of $39 at April 30, 2026 and $110 at April 30, 2025 | $4.7M | $5.9M | |
| Contract assets | $17.3M | $17.9M | $10.5M |
| Inventories | $22.6M | $23.5M | |
| Prepaid income taxes | $221.0K | $0 | |
| Prepaid expenses and other | $1.5M | $1.1M | |
| Total current assets | $48.0M | $53.1M | |
| Property, plant, and equipment, net | $7.1M | $6.2M | |
| Deferred taxes | $14.1M | $12.0M | |
| Goodwill | $218.0K | $617.0K | |
| Cash surrender value of life insurance and assets held in trust | $11.7M | $10.9M | |
| Right-of-use assets operating leases | $7.4M | $8.7M | |
| Restricted cash | $1.3M | $1.4M | |
| Other assets | $839.0K | $875.0K | |
| Total assets | $90.7M | $93.7M | |
| Accounts payable trade | $3.0M | $1.4M | |
| Accrued liabilities | $6.5M | $5.9M | |
| Loss provision accrual | $103.0K | $460.0K | |
| Income taxes payable | $0 | $103.0K | |
| Operating lease liability, current portion | $2.0M | $2.0M | |
| Contract liabilities | $9.4M | $13.6M | $21.6M |
| Total current liabilities | $21.0M | $23.5M | |
| Deferred compensation | $7.7M | $7.9M | |
| Operating lease liability, non-current portion | $5.6M | $6.7M | |
| Other liabilities | $7.0K | $0 | |
| Total liabilities | $34.3M | $38.1M | |
| Contingencies (Note 15) | $0 | $0 | |
| Preferred stock - $1.00 par value; authorized 600 shares, no shares issued and outstanding | $0 | $0 | |
| Common stock - $1.00 par value; authorized 20,000 shares, 9,925 shares issued and 9,869 shares outstanding at April 30, 2026; 9,717 shares issued and 9,704 shares outstanding at April 30, 2025 | $9.9M | $9.7M | |
| Additional paid-in capital | $45.5M | $42.5M | |
| Retained earnings | $2.8M | $3.7M | |
| Common stock reacquired and held in treasury at cost (56 shares at April 30, 2026 and 13 shares at April 30, 2025) | -$1.8M | -$231.0K | |
| Total stockholders equity | $56.4M | $55.6M | $39.8M |
| Total liabilities and stockholders equity | $90.7M | $93.7M | |
| Allowances | $39.0K | $110.0K | |
| Preferred stock, par value (in Dollars per share) | $1.00 | $1.00 | |
| Preferred stock, shares authorized (in Shares) | 600.0K shares | 600.0K shares | |
| Preferred stock, shares issued (in Shares) | 0 shares | 0 shares | |
| Preferred stock, shares outstanding (in Shares) | 0 shares | 0 shares | |
| Common stock, par value (in Dollars per share) | $1.00 | $1.00 | |
| Common stock, shares authorized (in Shares) | 20.0M shares | 20.0M shares | |
| Common stock shares issued (in Shares) | 9.9M shares | 9.7M shares | |
| Common stock shares outstanding (in Shares) | 9.9M shares | 9.7M shares | |
| Common stock reacquired and held in treasury, shares (in Shares) | 56.0K shares | 13.0K shares |
| Period ending | 2026-04-30 | 2025-04-30 | 2024-04-30 |
|---|---|---|---|
| Cash and cash equivalents | $1.6M | $4.7M | |
| Accounts receivable, net of allowances of $39 at April 30, 2026 and $110 at April 30, 2025 | $4.7M | $5.9M | |
| Contract assets | $17.3M | $17.9M | $10.5M |
| Inventories | $22.6M | $23.5M | |
| Prepaid income taxes | $221.0K | $0 | |
| Prepaid expenses and other | $1.5M | $1.1M | |
| Total current assets | $48.0M | $53.1M | |
| Property, plant, and equipment, net | $7.1M | $6.2M | |
| Deferred taxes | $14.1M | $12.0M | |
| Goodwill | $218.0K | $617.0K | |
| Cash surrender value of life insurance and assets held in trust | $11.7M | $10.9M | |
| Right-of-use assets operating leases | $7.4M | $8.7M | |
| Restricted cash | $1.3M | $1.4M | |
| Other assets | $839.0K | $875.0K | |
| Total assets | $90.7M | $93.7M | |
| Accounts payable trade | $3.0M | $1.4M | |
| Accrued liabilities | $6.5M | $5.9M | |
| Loss provision accrual | $103.0K | $460.0K | |
| Income taxes payable | $0 | $103.0K | |
| Operating lease liability, current portion | $2.0M | $2.0M | |
| Contract liabilities | $9.4M | $13.6M | $21.6M |
| Total current liabilities | $21.0M | $23.5M | |
| Deferred compensation | $7.7M | $7.9M | |
| Operating lease liability, non-current portion | $5.6M | $6.7M | |
| Other liabilities | $7.0K | $0 | |
| Total liabilities | $34.3M | $38.1M | |
| Contingencies (Note 15) | $0 | $0 | |
| Preferred stock - $1.00 par value; authorized 600 shares, no shares issued and outstanding | $0 | $0 | |
| Common stock - $1.00 par value; authorized 20,000 shares, 9,925 shares issued and 9,869 shares outstanding at April 30, 2026; 9,717 shares issued and 9,704 shares outstanding at April 30, 2025 | $9.9M | $9.7M | |
| Additional paid-in capital | $45.5M | $42.5M | |
| Retained earnings | $2.8M | $3.7M | |
| Common stock reacquired and held in treasury at cost (56 shares at April 30, 2026 and 13 shares at April 30, 2025) | -$1.8M | -$231.0K | |
| Total stockholders equity | $56.4M | $55.6M | $39.8M |
| Total liabilities and stockholders equity | $90.7M | $93.7M | |
| Allowances | $39.0K | $110.0K | |
| Preferred stock, par value (in Dollars per share) | $1.00 | $1.00 | |
| Preferred stock, shares authorized (in Shares) | 600.0K shares | 600.0K shares | |
| Preferred stock, shares issued (in Shares) | 0 shares | 0 shares | |
| Preferred stock, shares outstanding (in Shares) | 0 shares | 0 shares | |
| Common stock, par value (in Dollars per share) | $1.00 | $1.00 | |
| Common stock, shares authorized (in Shares) | 20.0M shares | 20.0M shares | |
| Common stock shares issued (in Shares) | 9.9M shares | 9.7M shares | |
| Common stock shares outstanding (in Shares) | 9.9M shares | 9.7M shares | |
| Common stock reacquired and held in treasury, shares (in Shares) | 56.0K shares | 13.0K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.3
| Period ending | 2026-04-30 | 2025-04-30 |
|---|---|---|
| Net (loss) income | -$903.0K | $23.7M |
| Depreciation and amortization | $1.9M | $2.1M |
| Amortization of operating leases | $2.5M | $1.9M |
| (Recovery) provision for losses on accounts receivable, other assets, and warranty reserve | -$201.0K | $314.0K |
| Provision for inventory reserve | -$323.0K | $1.2M |
| Deferred taxes | -$2.0M | -$12.1M |
| (Recovery) loss provision accrual | -$357.0K | $56.0K |
| Loss on sale of fixed and other assets | $55.0K | $3.0K |
| Derecognition of goodwill | $399.0K | |
| Inventory write off due to restructuring | $3.8M | |
| Employee benefit plans expense | $1.7M | $1.4M |
| Stock-based compensation expense | $2.0M | $1.2M |
| Accounts receivable | $1.2M | -$1.3M |
| Contract assets | $772.0K | -$7.7M |
| Inventories | -$2.6M | -$1.3M |
| Prepaid expenses and other | -$446.0K | $125.0K |
| Other assets | -$825.0K | -$661.0K |
| Accounts payable - trade | $1.6M | -$989.0K |
| Accrued liabilities | $578.0K | $1.1M |
| Contract liabilities | -$4.2M | -$8.0M |
| Operating lease liabilities | -$2.3M | -$1.9M |
| Prepaid income taxes | -$324.0K | $140.0K |
| Other liabilities | -$632.0K | -$654.0K |
| Net cash provided by (used in) operating activities | $1.3M | -$1.4M |
| Capital expenditures | -$2.9M | -$1.8M |
| Net cash used in investing activities | -$2.9M | -$1.8M |
| Payment of dividend | $0 | -$9.6M |
| Purchase of treasury stock | -$1.6M | -$377.0K |
| Net cash used in financing activities | -$1.6M | -$9.9M |
| Net decrease in cash and cash equivalents and restricted cash | -$3.2M | -$13.2M |
| Interest | $87.0K | $104.0K |
| Income taxes | $351.0K | $371.0K |
| Right-of-use assets obtained in exchange for operating lease liabilities | $438.0K | $4.1M |
No quarter-by-quarter statement was filed.
Corporate structure
FREQUENCY ELECTRONICS INC sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of FREQUENCY ELECTRONICS INC
- DRIEHAUS CAPITAL MANAGEMENT LLC Filed SCHEDULE 13G on FREQUENCY ELECTRONICS INC, latest Aug 14, 2026
- Edenbrook Capital, LLC Filed SCHEDULE 13D/A on FREQUENCY ELECTRONICS INC, latest Jul 30, 2026
- BlackRock Filed SCHEDULE 13G on FREQUENCY ELECTRONICS INC, latest Jul 28, 2026
- Wax Asset Management, LLC Filed SCHEDULE 13G/A on FREQUENCY ELECTRONICS INC, latest Feb 13, 2026 (4 filings since Feb 7, 2023)
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on FREQUENCY ELECTRONICS INC, latest Oct 30, 2025 (2 filings since Jul 29, 2025)
- DIMENSIONAL FUND ADVISORS LP Filed SCHEDULE 13G/A on FREQUENCY ELECTRONICS INC, latest Jul 15, 2025 (5 filings since Feb 8, 2022)
- NEEDHAM INVESTMENT MANAGEMENT LLC Filed SC 13G/A on FREQUENCY ELECTRONICS INC, latest Feb 14, 2024 (3 filings since Feb 14, 2022)
- ROYCE & ASSOCIATES LP Filed SC 13G/A on FREQUENCY ELECTRONICS INC, latest Jan 27, 2023 (2 filings since Jan 21, 2022)
- FREQUENCY ELECTRONICS INC Uniondale, New York, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What FREQUENCY ELECTRONICS INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Buildings and improvements | $3.3M3 Apr 30, 2026 | $2.9M3 Apr 30, 2025 | +13.8% |
| Machinery and equipment | $36.9M3 Apr 30, 2026 | $63.3M3 Apr 30, 2025 | −41.7% |
| Property and equipment, before depreciation | $40.2M3 Apr 30, 2026 | $66.3M3 Apr 30, 2025 | −39.3% |
| Accumulated depreciation | $33.1M3 Apr 30, 2026 | $60.1M3 Apr 30, 2025 | −44.9% |
| Property and equipment, net | $7.1M3 Apr 30, 2026 | $6.2M3 Apr 30, 2025 | +14.8% |
| Operating-lease assets (leased space) | $7.4M3 Apr 30, 2026 | $8.7M3 Apr 30, 2025 | −14.4% |
Investments
Intangibles and goodwill
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $22.6M3 Apr 30, 2026 | $23.5M3 Apr 30, 2025 | −3.7% |
| Raw materials | $13.0M3 Apr 30, 2026 | $14.7M3 Apr 30, 2025 | −11.2% |
| Work in process | $9.2M3 Apr 30, 2026 | $8.4M3 Apr 30, 2025 | +9.0% |
| Finished goods | $387.0K3 Apr 30, 2026 | $375.0K3 Apr 30, 2025 | +3.2% |
Properties, in its own words
The Company operates out of several facilities located around the U.S. Each facility is used for manufacturing its products and for administrative activities. The following table presents the location, size and terms of ownership/occupation:
Location · Size (sq. ft.) · Own or Lease
The rest of Item 2
Mitchel Field, NY · 93,000 · Lease
Garden Grove, CA · 37,463 · Lease
Northvale, NJ · 6,548 · Lease
Boulder, CO · 4,140 · Lease
The Company’s facility located in Mitchel Field, Long Island, New York, is part of the building that the Company constructed in 1981 and expanded in 1988 on land leased from Nassau County. In January 1998, the Company sold the building and the related land lease to Reckson Associates Realty Corp. (“Reckson”), leasing back the space that it presently occupies.
The Company leases its manufacturing and office space from RA 55 CLB LLC (as successor-in-interest to Reckson). The lease expires on September 30, 2029. Pursuant to the lease agreement, the Company pays a gradually increasing annual rent of $1,046,810 in 2019 to $1,276,056 in 2029. The Company believes the leased space is adequate to meet the Company’s domestic operational needs which encompass the principal operations of the FEI-NY segment and also serves as the Company’s corporate headquarters.
The Garden Grove, California facility is leased by the Company’s subsidiary, FEI-Zyfer. The facility consists of a combination office and test/assembly areas. The Company signed a third amendment to the lease, which expanded the square footage rented, and extended the lease an additional 62 months, beginning February 1, 2025 and expiring March 30, 2030. The average annual rent over the period of the amendment is approximately $672,000. The Company believes the leased space is adequate to meet FEI-Zyfer’s operational needs.
FEI-Elcom entered into a new lease agreement on January 12, 2022 regarding its Northvale, New Jersey facility. The facility consists of a combination office and manufacturing space. The Company signed a third amendment to the lease, which extended the lease an additional 36 months beginning February 1, 2022 and expiring January 31, 2025, and reduced the square footage rented. Until a new lease is signed, the Company will make monthly payments of $13,491; all other terms and conditions of the previous lease shall remain in full force and effect. As of April 30, 2026, the Company has not signed a fourth amendment to the lease with the landlord, however, the Company continues to utilize the space for FEI-Elcom’s operational needs.
The Boulder, Colorado facility is leased by the Company and is used as a satellite facility for the FEI-NY segment. The facility consists of a combination office and test/assembly areas. The Company signed the lease for a period of 62 months, beginning August 1, 2025 and expiring September 30, 2030. The average annual rent over the period of the lease is approximately $71,100. The Company believes the leased space is adequate to meet operational needs.
Item 2 of the 10-K filed Jul 17, 2026.5
Leadership
Who has led FREQUENCY ELECTRONICS INC, and when. Pick a name to see everywhere that person has worked.
President
Chief financial officer
- Chief executive officerThomas McClelland Jan 18, 2023 to now15
- Chief executive officerStanton D. Sloane May 10, 2018 to Aug 2, 202116
- Chief executive officerMartin B. Bloch May 12, 2006 to Aug 23, 201617
- ChairMartin B. Bloch Jul 30, 2018 to Jul 26, 201918
- ChairJoseph P. Franklin Mar 2, 2007 to Oct 8, 201519
- PresidentThomas McClelland Jan 18, 2023 to now15
- PresidentStanton D. Sloane May 10, 2018 to Aug 2, 202116
- PresidentMartin B. Bloch May 12, 2006 to Aug 23, 201617
- PresidentSteven E. Strang Aug 2, 2006 to Nov 2, 202120
- Chief financial officerSteven Lawrence Bernstein Aug 23, 2016 to now21
Board members and other officers (20)
- Chief ScientistMartin B. Bloch Oct 30, 2018 to Oct 30, 201822
- Chariman of the Bd. of Dir.Joseph P. Franklin Sep 22, 2010 to Sep 29, 201023
- Vice PresidentAdrian Lalicata Feb 7, 2007 to Nov 2, 202124
- Chief Technical OfficerHugo Fruehauf Mar 17, 2006 to Aug 9, 200725
- Vice PresidentThomas McClelland Mar 17, 2006 to Dec 16, 202126
- Vice PresidentCharles S. Stone Aug 2, 2006 to Jul 26, 200727
- Vice PresidentLeonard Martire Aug 2, 2006 to May 4, 201528
- Executive Vice PresidentMarkus Hechler Aug 2, 2006 to May 18, 201829
- Vice PresidentOleandro Mancini Aug 2, 2006 to now30
- Board memberThomas McClelland Sep 23, 2026 to now31
- Board memberRussell M. Sarachek Jul 30, 2018 to now32
- Board memberLance W. Lord Feb 13, 2017 to Nov 4, 202433
- Board memberRyan Levenson Feb 13, 2017 to Feb 13, 201734
- Board memberStanton D. Sloane Feb 13, 2017 to Aug 2, 202135
- Board memberJonathan Brolin Dec 19, 2017 to now36
- Board memberJoseph P. Franklin Sep 22, 2010 to Aug 23, 201623
- Board memberE. Donald Shapiro Feb 2, 2009 to Oct 29, 200937
- Board memberJoel H. Girsky Feb 3, 2009 to Jul 10, 202038
- Board memberSylvester Robert Foley Jr. Feb 9, 2009 to Aug 23, 201639
- Board memberMartin B. Bloch May 12, 2006 to Oct 30, 201817
Timeline
- Oct 8, 20268-K Shareholder vote40
- Sep 10, 20268-K Results of operations41
- Aug 5, 20268-K Other events42
- Jul 30, 20268-K Entered a material agreement43
- Jul 15, 20268-K Results of operations44
- Jun 12, 20268-K Entered a material agreement; New debt or obligation45
- Mar 11, 20268-K Results of operations46
- Dec 11, 20258-K Results of operations47
- Oct 9, 20258-K Shareholder vote48
- Sep 11, 20258-K Results of operations; Other events49
- Jul 10, 20258-K Results of operations50
- Mar 13, 20258-K Results of operations51
- Jan 18, 2023New chief executive Thomas McClelland becomes CEO15
- May 10, 2018New chief executive Stanton D. Sloane becomes CEO16
- May 12, 2006New chief executive Martin B. Bloch becomes CEO17
Calendar
Coming up
- Dec 10, 2026Reports results for the quarter ending Oct/202652
When it reported results
- Sep 10, 2026Reported quarterly or annual results41
- Jul 15, 2026Reported quarterly or annual results44
- Mar 11, 2026Reported quarterly or annual results46
- Dec 11, 2025Reported quarterly or annual results47
- Sep 11, 2025Reported quarterly or annual results49
- Jul 10, 2025Reported quarterly or annual results50
- Mar 13, 2025Reported quarterly or annual results51
- Dec 10, 2024Reported quarterly or annual results53
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
134 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 32 major events, 38 insider forms, 19 large holders, 24 other. The latest 20:
- Oct 8, 20268-K EDGAR
- Sep 23, 20264 EDGAR
- Sep 23, 20264 EDGAR
- Sep 14, 202610-Q EDGAR
- Sep 10, 20268-K EDGAR
- Sep 9, 2026ARS EDGAR
- Aug 28, 2026DEF 14A EDGAR
- Aug 14, 2026SCHEDULE 13G EDGAR
- Aug 5, 20268-K EDGAR
- Aug 4, 20264 EDGAR
- Jul 30, 20268-K EDGAR
- Jul 30, 2026424B5 EDGAR
- Jul 30, 2026SCHEDULE 13D/A EDGAR
- Jul 30, 20264 EDGAR
- Jul 28, 2026SCHEDULE 13G EDGAR
- Jul 28, 2026424B5 EDGAR
- Jul 21, 2026EFFECT EDGAR
- Jul 17, 2026S-3 EDGAR
- Jul 17, 202610-K EDGAR
- Jul 15, 20268-K EDGAR
The 134 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
18 open-market trades by officers, directors and large owners since October 2021: 17 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jul 28, 2026 | EDENBROOK LONG ONLY VALUE FUND, LPDirector | Sale | 652,174 | $57.50 | $37.5M | Form 4 |
| Mar 27, 2025 | Sarachek Russell MDirector | Buy | 2,161 | $15.77 | $34.1K | Form 4 |
| Mar 19, 2025 | Sarachek Russell MDirector | Buy | 1,582 | $15.62 | $24.7K | Form 4 |
| Apr 30, 2024 | Sarachek Russell MDirector | Buy | 687 | $9.50 | $6.5K | Form 4 |
| Apr 19, 2024 | Sarachek Russell MDirector | Buy | 1,602 | $9.51 | $15.2K | Form 4 |
| Apr 15, 2024 | Sarachek Russell MDirector | Buy | 658 | $9.77 | $6.4K | Form 4 |
| Mar 20, 2024 | Edenbrook Capital, LLCDirector | Buy | 10,000 | $9.94 | $99.4K | Form 4 |
| Sep 22, 2023 | Sarachek Russell MDirector | Buy | 4,928 | $6.73 | $33.2K | Form 4 |
| Sep 19, 2023 | Sarachek Russell MDirector | Buy | 5,163 | $6.96 | $35.9K | Form 4 |
| Jan 5, 2023 | EDENBROOK LONG ONLY VALUE FUND, LPDirector | Buy | 500 | $5.75 | $2.9K | Form 4 |
| Dec 30, 2022 | Edenbrook Capital, LLCDirector | Buy | 2,042 | $7.05 | $14.4K | Form 4 |
| Dec 27, 2022 | EDENBROOK LONG ONLY VALUE FUND, LPDirector | Buy | 2,588 | $6.20 | $16.0K | Form 4 |
| Dec 23, 2022 | EDENBROOK LONG ONLY VALUE FUND, LPDirector | Buy | 1,297 | $6.25 | $8.1K | Form 4 |
| Dec 22, 2022 | EDENBROOK LONG ONLY VALUE FUND, LPDirector | Buy | 1,700 | $6.18 | $10.5K | Form 4 |
| Sep 27, 2022 | EDENBROOK LONG ONLY VALUE FUND, LPDirector | Buy | 2,500 | $5.54 | $13.8K | Form 4 |
| Sep 22, 2022 | Edenbrook Capital, LLCDirector | Buy | 3,737 | $5.96 | $22.3K | Form 4 |
| Sep 21, 2022 | Edenbrook Capital, LLCDirector | Buy | 2,016 | $5.99 | $12.1K | Form 4 |
| Sep 20, 2022 | Edenbrook Capital, LLCDirector | Buy | 1,057 | $5.96 | $6.3K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- DRIEHAUS CAPITAL MANAGEMENT LLCSCHEDULE 13G, 1 filing Aug 14, 202654
- Edenbrook Capital, LLCSCHEDULE 13D/A, 1 filing Jul 30, 202655
- BlackRockSCHEDULE 13G, 1 filing Jul 28, 202656
- Wax Asset Management, LLCSCHEDULE 13G/A, 4 filings Feb 7, 2023 to Feb 13, 202657
- VANGUARD GROUP INCSCHEDULE 13G/A, 2 filings Jul 29, 2025 to Oct 30, 202558
- DIMENSIONAL FUND ADVISORS LPSCHEDULE 13G/A, 5 filings Feb 8, 2022 to Jul 15, 202559
- NEEDHAM INVESTMENT MANAGEMENT LLCSC 13G/A, 3 filings Feb 14, 2022 to Feb 14, 202460
- ROYCE & ASSOCIATES LPSC 13G/A, 2 filings Jan 21, 2022 to Jan 27, 202361
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2026 | Thomas McClelland | 72 | $366.8K | $3.3M62 |
| 2026 | Steven Bernstein | $274.7K | $2.0M62 | |
| 2026 | Oleandro Mancini | $282.9K | $399.7K62 | |
| 2025 | President and Chief Executive Officer | $327.5K | $956.4K62 | |
| 2025 | Chief Financial OfficerSecretary and Treasurer | $288.1K | $805.0K62 | |
| 2025 | Senior Vice PresidentBusiness Development | $280.0K | $421.6K62 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How FREQUENCY ELECTRONICS INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARFREQUENCY ELECTRONICS INC1
- CIK0000039020
- Employer ID (EIN)11-19866575
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company5
- Incorporated inDelaware5
- Fiscal year endsApril 301
- Industry code (SIC)3825 Instruments For Meas & Testing of Electricity & Elec Signals1
- SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
- Business address55 Charles Lindbergh Blvd, Mitchel Field, NY 115531
- Mailing address55 Charles Lindbergh Boulevard, Mitchell Field, NY 115531
- Phone51679445001
- Shares outstanding11,273,287 as of Sep 8, 202614
- Public float$240.4M as of Oct 31, 20255
- AuditorGRANT THORNTON LLP, Melville, NY PCAOB ID 248; no auditor attestation of internal control over financial reporting5
- On EDGAR sinceJun 13, 19941
- Filings984 in all: 4 (421), 8-K (167), 10-Q (95), SC 13G/A (59), DEF 14A (32), SC 13D/A (32), 10-K (31), SC 13G (27)1
All 43 form types
11-K (12), SD (12), NT 11-K (9), UPLOAD (8), 10-K/A (7), S-8 (7), 3 (6), 8-K/A (6), 4/A (5), CORRESP (5), SCHEDULE 13G/A (5), ARS (4), SC 13D (4), DEFR14A (3), S-8 POS (3), SCHEDULE 13G (3), 424B5 (2), PRE 14A (2), 10-K405 (1), 10-Q/A (1), 15-12B (1), 25 (1), 424B3 (1), 8-A12B (1), CERTNAS (1), CT ORDER (1), DEFA14A (1), DFAN14A (1), DRS (1), EFFECT (1), NT 10-K (1), NT 10-Q (1), S-3 (1), SCHEDULE 13D/A (1), SE (1)
- Latest filingsAnnual report (10-K) Jul 17, 2026
Quarterly report (10-Q) Sep 14, 2026
Proxy statement (DEF 14A) Aug 28, 2026
Latest 8-K (8-K) Oct 8, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock (par value $1.00 per share) | FEIM | NASDAQ |
From the cover page of the 10-K filed Jul 17, 2026 (Section 12(b) of the Exchange Act).5
Risk factors and legal proceedings
The risks FREQUENCY ELECTRONICS INC names in Item 1A of its 10-K filed Jul 17, 2026: 17 risks under these headings, as written.5
- Risks Related to Business Operations and Our Industry
- We rely heavily on U.S. Government programs for a substantial portion of our business. Accordingly, changes in U.S. Government priorities or delays or reductions in spending by the U.S. Government on such programs could have a material adverse effect on our business, financial position, results of operations and/or cash flows.
- We depend heavily on a small number of larger customers for a substantial portion of our business. The loss of one or more of our largest customers or programs could have a material adverse effect on our business, financial position, results of operations and/or cash flows.
- We use estimates when accounting for contracts. Changes in estimated contract revenues and/or changes in costs can affect our profitability and our overall financial position.
- We face substantial competition in our industry, and if we fail to win future business or experience undue pricing pressures as a result of such competition, our business, financial position, results of operations and/or cash flows could be adversely affected.
- Our products, which are often incorporated into larger systems, are technologically complex and require state-of-the-art technology and manufacturing expertise. Any defect in the design, materials or workmanship with respect to our product could result in system failure.
- We are dependent on numerous suppliers for various parts, materials, test services, facility operations and infrastructure. If these suppliers fail to perform or we are unable to procure or experience significant delays with respect to needed products, materials or services, our financial position, results of operations and/or cash flows could be materially adversely affected.
- The success of our business and financial performance is dependent on our ability to identify, attract, train and retain a highly skilled workforce.
- Adverse changes in global economic or geopolitical conditions may adversely affect business operations and financial condition.
- We face various risks related to health epidemics, pandemics and similar outbreaks, which may have material adverse effects on our business, financial position, results of operations and/or cash flows.
- Our business could be adversely impacted by various external disruptions.
- Noncompliance with any of the covenants in the Company’s $10 million senior secured revolving credit facility (the “Credit Agreement”), which matures on June 12, 2029, could result in any debt outstanding thereunder becoming due, which could have a material adverse effect on its financial position, operations and liquidity.
The other 6 risks
- Risks Related to Legal, Regulatory and Compliance Matters
- Our failure to comply with laws, regulations and/or terms we are subject to could adversely affect our business.
- We are subject to various investigations, claims, disputes, enforcement actions, litigation, and other legal proceedings that could ultimately be resolved against us.
- Risks Related to Information Technology and Intellectual Property
- Our business could be adversely impacted by significant cybersecurity attacks.
- Claims by third parties that our products infringe their intellectual property could result in costly disputes and/or require us to develop alternate designs.
- Risks Related to Our Common Stock
- Our stock price may continue to be volatile.
- If significant existing stockholders sell large numbers of shares of our common stock, our common stock price could decline.
Legal proceedings
From time to time, the Company may become a defendant in litigation arising out of the ordinary course of business. As of July 16, 2026, the Company was not party to any material pending legal proceedings.
The opening of Item 3, Legal Proceedings.5
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 18SEC EDGARMartin B. Bloch, Chair
- 19SEC EDGARJoseph P. Franklin, Chair
- 20SEC EDGARSteven E. Strang, President
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- 22SEC EDGARMartin B. Bloch, Chief Scientist
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- 24SEC EDGARAdrian Lalicata, Vice President
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- 26SEC EDGARThomas McClelland, Vice President
- 27SEC EDGARCharles S. Stone, Vice President
- 28SEC EDGARLeonard Martire, Vice President
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- 30SEC EDGAROleandro Mancini, Vice President
- 31SEC EDGARThomas McClelland, Board member
- 32SEC EDGARRussell M. Sarachek, Board member
- 33SEC EDGARLance W. Lord, Board member
- 34SEC EDGARRyan Levenson, Board member
- 35SEC EDGARStanton D. Sloane, Board member
- 36SEC EDGARJonathan Brolin, Board member
- 37SEC EDGARE. Donald Shapiro, Board member
- 38SEC EDGARJoel H. Girsky, Board member
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- 40SEC EDGARShareholder vote
- 41SEC EDGARResults of operations
- 42SEC EDGAROther events
- 43SEC EDGAREntered a material agreement
- 44SEC EDGARResults of operations
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- 46SEC EDGARResults of operations
- 47SEC EDGARResults of operations
- 48SEC EDGARShareholder vote
- 49SEC EDGARResults of operations; Other events
- 50SEC EDGARResults of operations
- 51SEC EDGARResults of operations
- 52NasdaqNasdaq calendar
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