Frequency Electronics Q1 revenue rises 70% to record $23.5 million
Frequency Electronics reported first-quarter fiscal 2027 results for the quarter ended July 31, 2026, with revenue of $23.5 million, up from $13.8 million a year earlier. Net income rose to $4.2 million, or $0.41 per diluted share, from $0.07 a year earlier, and the company said a secondary offering added approximately $73 million in cash.
Key points
- Revenue was approximately $23.5 million, up 70% from $13.8 million in the same quarter of fiscal 2026.
- Operating income was $5.2 million, compared with $0.4 million a year earlier.
- Net income was $4.2 million, or $0.41 per diluted share, versus $0.07 per diluted share a year earlier.
- Funded backlog was approximately $129 million at July 31, 2026, up from $111 million at April 30, 2026.
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 10, 2026.
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