Pricing Log in Create free account
Sunday 11 October 2026 Export all FEIM data to Excel Powerpack

Frequency Electronics, Inc.

FEIM Technology Communication Equipment

Frequency Electronics, Inc.’s revenue for fiscal 2026 (year ended April 2026) was $63.2 million, down 9.43% from fiscal 2025. In the quarter to July 2026, revenue grew 69.8%, EPS grew 485.7% and free cash flow grew 361.8%, each against the same quarter a year earlier.

75.09 0.37 +0.50%
Market cap
$842.3M
P/E
300×
Fwd P/E
65.7×
Dividend yield
0.00%
F-score
4/9
Altman Z
9.57
Beneish M
−2.54
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Frequency Electronics, Inc. (FEIM) Business Profile

Updated before January 2025

Company Overview

Frequency Electronics, Inc. (FEIM) is a leading provider of precision time and frequency control products and systems. Established in 1961, the company has built a strong reputation for delivering high-performance solutions to industries that require precise timing and synchronization. Headquartered in Mitchel Field, New York, FEIM serves a global clientele, including government agencies, aerospace and defense contractors, and commercial enterprises. The company’s leadership team, led by its CEO and President, has consistently focused on innovation and quality, ensuring FEIM remains a trusted name in its industry.

Core Business Segments

Space and Defense Systems

FEIM specializes in providing high-reliability time and frequency systems for space and defense applications. These include:

  • Atomic Clocks: Used in satellite systems for precise timing.
  • Frequency Standards: Essential for military and aerospace communication systems.
  • GPS Timing Systems: Critical for navigation and synchronization in defense operations.

Commercial and Industrial Products

The company also caters to commercial and industrial markets with products such as:

  • Oscillators: High-performance oscillators for telecommunications and broadcasting.
  • Network Synchronization Systems: Used in data centers and telecommunication networks.
  • Test and Measurement Equipment: Tools for ensuring the accuracy and reliability of electronic systems.

Custom Solutions

FEIM offers tailored solutions to meet specific client needs, leveraging its expertise in time and frequency technology. This includes custom-designed systems for unique applications in aerospace, telecommunications, and scientific research.

Business Model

FEIM operates on a business model that integrates product development, manufacturing, and after-sales services. The company generates revenue through:

  • Product Sales: A significant portion of revenue comes from selling high-precision time and frequency products.
  • Service Contracts: FEIM provides maintenance, calibration, and support services to ensure the longevity and reliability of its systems.
  • Research and Development: The company invests heavily in R&D to innovate and stay ahead in the competitive market.

Strategic Direction

FEIM is focused on expanding its presence in the space and defense sectors, driven by increasing demand for reliable timing systems in satellite and military applications. The company is also exploring opportunities in emerging markets such as 5G telecommunications and autonomous vehicles. Sustainability is a key priority, with efforts to reduce the environmental impact of its manufacturing processes and products. Additionally, FEIM is investing in advanced technologies like quantum clocks and AI-driven synchronization systems to diversify its product portfolio.

Competitive Landscape

FEIM operates in a competitive market, facing challenges from both established players and emerging startups. Key competitors include:

  • Microchip Technology Inc.: Known for its high-precision timing solutions.
  • Oscilloquartz (a division of ADVA): Specializes in network synchronization.
  • Symmetricom (now part of Microsemi): A leader in atomic clock technology.
  • VREMYA-CH: A Russian company offering similar products for aerospace and defense.

Despite the competition, FEIM’s focus on quality, reliability, and innovation gives it a competitive edge.

Risk Factors

FEIM faces several risks that could impact its operations and profitability:

  • Market Dependence: A significant portion of revenue comes from government contracts, making the company vulnerable to changes in defense budgets.
  • Supply Chain Disruptions: Dependence on specialized components exposes FEIM to risks from supply chain interruptions.
  • Technological Obsolescence: Rapid advancements in technology require continuous investment in R&D to stay competitive.
  • Geopolitical Risks: Operating in the defense sector exposes the company to geopolitical tensions and export restrictions.

Recent Developments

FEIM has recently launched a new line of atomic clocks designed for next-generation satellite systems. The company has also expanded its manufacturing capabilities with a new facility in the United States, aimed at meeting the growing demand for its products. Additionally, FEIM has entered into strategic partnerships with leading aerospace companies to co-develop advanced timing solutions. The global semiconductor shortage has posed challenges, but FEIM has managed to mitigate its impact through strategic sourcing and inventory management.

Investment Considerations

Strengths

  • Market Leadership: A strong reputation in the time and frequency control industry.
  • Diverse Product Portfolio: Catering to multiple sectors, including space, defense, and telecommunications.
  • Innovation-Driven: Significant investment in R&D ensures a competitive edge.

Risks

  • Revenue Concentration: Dependence on government contracts.
  • Supply Chain Vulnerabilities: Potential disruptions in the availability of critical components.
  • Regulatory Challenges: Compliance with export controls and defense regulations.

Conclusion

Frequency Electronics, Inc. is a well-established player in the precision time and frequency control market. With a strong focus on innovation and quality, the company is well-positioned to capitalize on growth opportunities in the space, defense, and telecommunications sectors. While challenges such as supply chain disruptions and market dependence exist, FEIM’s strategic initiatives and robust product portfolio provide a solid foundation for future growth.