---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-26-000840"
form_type: "8-K"
ticker: "FEIM"
cik: "0000039020"
company_name: "FREQUENCY ELECTRONICS INC"
filed_at: "2026-03-11T23:59:59+00:00"
generated_at: "2026-05-15T15:16:13.221891+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Frequency Electronics Q3 net income drops 90% YoY to $1.6M; backlog record $83M

## Summary
- Revenue $16.9M (down 11% YoY from $18.9M); net income $1.6M ($0.16 diluted EPS) vs $15.4M ($1.60) last year.
- Operating income fell to $1.3M from $3.5M; funded backlog rose to record $83M vs $70M at April 30, 2025.
- CEO disclosed two new contracts worth ~$45M, among the largest ever won, boosting core space and defense business.
- Company is debt-free; collected over $11M in cash since Feb 1, expects growing cash position through Q4.
- Management targets surpassing $100M funded backlog and sees multi-year growth from core and quantum/satellite wins.

## SEC filing metadata
- accession: 0001185185-26-000840
- form_type: 8-K
- ticker: FEIM
- cik: 0000039020
- company_name: FREQUENCY ELECTRONICS INC
- filed_at: 2026-03-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/39020/000118518526000840/0001185185-26-000840-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/39020/000118518526000840/feim8k031126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-26-000840
- JSON: https://secwatch.observer/filing/0001185185-26-000840.json
- Plain text: https://secwatch.observer/filing/0001185185-26-000840.txt

## Key facts
- Earnings Releases
  FREQUENCY ELECTRONICS INC reported financial results for the third quarter and fiscal year 2026.
  - Period: the third quarter and fiscal year 2026
  - Result: reported results
  source text: On March 11, 2026, Frequency Electronics, Inc. (the "Company") issued a press release (the "Press Release") announcing its financial results for the quarter ended January 31, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/39020/000118518526000840/0001185185-26-000840-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.