Form 8-K

8-K — FREQUENCY ELECTRONICS INC

Accession: 0001185185-26-002982

Filed: 2026-07-15

Period: 2026-07-15

CIK: 0000039020

SIC: 3825 (INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — feim8k071526.htm (Primary)

EX-99.1 — EXHIBIT 99.1 (feimex99-1.htm)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K — FORM 8-K

8-K (Primary)

Filename: feim8k071526.htm · Sequence: 1

false

0000039020

2026-07-15

iso4217:USD

xbrli:shares

iso4217:USD

xbrli:shares

UNITED STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (date of earliest event reported):

July 15, 2026

Frequency Electronics, Inc.

(Exact name of registrant as specified in its

charter)

Delaware

1-8061

11-1986657

(State or Other Jurisdiction

of Incorporation)

(Commission File Number)

(IRS Employer

Identification Number)

55 Charles Lindbergh Blvd.,

Mitchel Field, New York 11553

(Address of principal executive offices, including

zip code)

Registrant’s telephone number, including

area code: (516) 794-4500

(Former name or former address, if changed

since last report): Not Applicable

Check the appropriate box below if the Form 8-K filing is intended

to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction

A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities

Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange

Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under

the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under

the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock (par value $1.00 per share)

FEIM

NASDAQ Global Market

Indicate by check mark whether the registrant is an emerging growth

company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange

Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant

has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant

to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition.

On July 15, 2026, Frequency Electronics, Inc.

(the “Company”) issued a press release (the “Press Release”) announcing its financial results for the year ended

April 30, 2026. A copy of the Press Release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by

reference.

In accordance with General Instruction B.2

of Form 8-K, the information in this Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1 hereto, shall not be deemed

“filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities

of that section. The information in this Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be incorporated

by reference into any filing or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth

by specific reference in such filing or document.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

99.1

Press release issued on July 15, 2026, by the Company announcing its financial results for the year ended April 30, 2026

104

Cover Page Interactive Data File (formatted in Inline XBRL)

SIGNATURE

Pursuant to the requirements of the Securities

Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date July 15, 2026

FREQUENCY ELECTRONICS, INC.

By:

/s/ Steven L. Bernstein

Name:

Steven L. Bernstein

Title:

Chief Financial Officer, Secretary and Treasurer

EX-99.1 — EXHIBIT 99.1

EX-99.1

Filename: feimex99-1.htm · Sequence: 2

Exhibit 99.1

PRESS

RELEASE

Frequency

Electronics, Inc. Announces Fourth Quarter and Fiscal Year 2026 Financial Results

●

Announces Record $111 Million Funded Backlog, up 34% Sequentially and 59% Annually

●

Establishes Three-Year Minimum Gross Margin Target of 50% and Operating Margin Target of 30%

●

Reaffirms Three-Year Revenue Target of at Least $150 million, a 34% CAGR

●

Establishes Path for Strong Operating Leverage by Front-Loading Investments and Pruning Non-Core Business

Mitchel

Field, NY, July 15, 2026 – Frequency Electronics, Inc. (“FEI,” “Frequency,” the “Company,”

“we” or “us”) (NASDAQ-FEIM) today announced its financial results for the fourth quarter and fiscal year 2026

and provided significant updates to its future profitability profile.

FEI

President and CEO, Tom McClelland, commented, “As we have mentioned before, Fiscal 2026 was a year of digestion from a revenue

standpoint, as we pulled forward some revenue into last year’s Fiscal 2025. But it was also a critically important year for the

future of Frequency as we significantly expanded our funded backlog, giving us excellent visibility into coming growth. Just two quarters

ago, we told investors that we believed we could see backlog north of $100 million in the not-too-distant future. Today we are extremely

pleased to report that our backlog reached $111 million at the end of our fiscal fourth quarter, up 34% sequentially and 59% over the

same period last year. It was because of this continuing expansion of our backlog and order book, as well as the significantly larger

end-markets that we are now selling into, all of which are based on technology that leverages our long-standing market leadership in

space and defense applications, that we felt confident giving a three-year minimum revenue target of $150 million on April 30, 2026,

representing a 34% compound annual growth rate from our Fiscal 2026 revenue. Today we reaffirm our minimum revenue target of $150 million

by Fiscal 2029, and, beginning in Fiscal 2027, our current fiscal year, we will begin delivering on this target through revenue growth,

starting in our current first quarter.

Future

Margin Targets

“In

Fiscal 2027, we also intend to begin demonstrating a multi-year path to higher margins. To that end, we are today establishing a minimum

gross margin target of 50% and a minimum operating margin target of 30% by Fiscal 2029.

“The

path to these higher margins is largely in our control and is a direct result of the significant business shift we are undertaking. On

the gross margin side, we anticipate seeing meaningful improvement from two significant levers. The first is the much higher revenue

base we are targeting, as we have previously discussed, and which we believe is well supported by our backlog, order book, industry trends

and government funding. In addition, due to customer demand, we are moving from a bespoke manufacturer of exquisite products with more

episodic production schedules to a high-rate production company making many more units of similar products on a more consistent basis.

We believe this higher-rate production model will be more predictable, allow for better overhead absorption and feature less non-recurring

engineering costs as a percentage of total business, all of which should drive gross margins to at least 50% by Fiscal 2029.

“In

addition, we believe we will demonstrate very strong operating leverage in the business, such that as revenue increases sharply, we should

gain meaningful efficiencies on our research and development (“R&D”) and selling and administrative expenses (“SG&A”).

Based on the gross margin target outlined above, and those operating expense efficiencies in R&D and SG&A, we believe we will

then be able to generate minimum operating margins of 30% by Fiscal 2029.

Investments

in Growth, Business Restructuring and Non-Recurring Charges

McClelland

further added: “We invested significantly in the business during Fiscal 2026 in order to better prepare the Company for the anticipated

strong growth ahead. The majority of this investment was focused on hiring engineering talent in advance of the large ramp-up in production

and revenue we are expecting. This had near-term dampening effects on gross margin, as engineering costs flow through the manufacturing

overhead portion of our cost of goods sold, raising this expense before the corresponding revenue is generated. A second meaningful investment

during Fiscal 2026 was a significant manufacturing efficiency project. This business process improvement investment should allow us to

improve turnaround time. The related expenses flowed through overhead and had a similar adverse impact on gross margins. But with increasing

orders and strong demand, we think such investments are prudent long-term decisions and will allow the Company to be ready for that business

and to super-serve our customers, who increasingly want more work done more quickly. We believe this should meaningfully benefit our

stockholders as well, as we seek to increasingly provide higher levels of mission-critical products that perform to the highest standards

in the harshest environments and do so with high incremental margins.

“Further, we have increased our internal focus on our largest

and most profitable market opportunities, and de-emphasized or discontinued products with lower growth potential and lower margin profiles

that have historically been part of our business. Specifically, we chose to restructure our FEI-Elcom manufacturing business in New Jersey

in the fourth quarter because it simply did not have the growth or margin potential of our core space and defense markets, nor those of

the much larger addressable markets we are now starting to sell into: alternative position, navigation and timing (ALT-PNT) solutions;

quantum sensing, including magnetometers; space defense and exploration; and, proliferated satellite programs. Though we sacrificed some

near-term revenue in the fourth quarter by doing so, we believe it is the right long-term decision to better align our capital and talent

towards their highest and best use and potential returns. The FEI-Elcom restructuring included a $3.8 million inventory write-down, a

non-cash charge which flowed through cost of goods sold and further depressed gross margins for this reported period, but which we believe

is not reflective of ongoing business trends; additional severance costs flowed through selling and administrative expenses. Further,

the restructuring charge of $3.8 million yielded a tax benefit of approximately $0.9 million in Q4 2026. Additionally, including the restructuring

costs, the Company anticipates realizing approximately $9.3 million of future tax benefit, which will benefit the Company going forward as we return to profitable growth.

“Lastly,

we had several non-recurring charges that flowed through operating expenses this quarter, the majority of which was a non-cash charge

for an accrual related to a one-time change in employee sick/paid-time-off policies. Most of this charge flowed through cost of goods

sold, impacting gross margins, and the balance flowed through selling and administrative expenses. As a result of these charges this

quarter, we believe our as-reported results do not accurately reflect the core strength of our underlying business, which will pave the

path towards the much higher revenue and margin levels we described earlier.”

Reported

Results and Adjusted Levels

Revenue

for the three and twelve months ended April 30, 2026, was approximately $15.4 million and $63.2 million, respectively, compared to $20.0

million and $69.8 million, respectively, reported for the same period of fiscal year 2025. Operating loss for the three and twelve months

ended April 30, 2026 was $6.3 million and $3.0 million, respectively, compared to an operating income of $3.3 million and $11.7 million,

respectively, reported for the same period of the previous fiscal year. Net loss from operations for the three and twelve months ended

April 30, 2026, was $4.9 million or ($0.50) per diluted share and $0.9 million or ($0.09) per diluted share, respectively, compared to

a net income from operations for the three and twelve months ended April 30, 2025 of $3.2 million or $0.33 per diluted share and $23.7

million or $2.46 per diluted share, respectively. Net cash provided by operating activities was approximately $1.3 million in the twelve

months of fiscal year 2026, compared to net cash used in operations of $1.4 million for the same period of fiscal year 2025. Backlog

at April 30, 2026 was approximately $111 million compared to $70 million at April 30, 2025.

FEI

Chief Financial Officer Steve Bernstein commented, “The fiscal fourth quarter in 2025 was the highest quarterly revenue in 25 years

for FEI, which made for a difficult year-over-year comparison as we digested some of that pulled forward revenue in Fiscal 2026; however,

we expect to start hitting new quarterly revenue records for the Company in the near future, based on the strength in our backlog and

order book. We took a number of actions in the fiscal fourth quarter and in Fiscal 2026, including significant cash investments, that

adversely impacted our as-reported margins. We provide tables at the end of this release that show the impact of these charges and investments

and what they would have been without the charges. We are not adjusting for foregone revenue from the restructuring of FEI-Elcom, though

certainly higher revenue would have made for an improved comparison. In sum, as the tables show below, our gross margins and operating

margins were approximately 1% and (41)%, respectively, for the quarter, and approximately 29% and (5)%, respectively, for the fiscal

year. Whereas, adjusted for the charges and investments, our gross margins and operating margins would have been approximately 36% and

1%, respectively, for the quarter, and approximately 41% and 11%, respectively, for the fiscal year.1 These are levels we

anticipate growing meaningfully in the years to come, as stated earlier. The Company made significant cash investments during Fiscal

2026, but expects to return to normal cash generation in Fiscal 2027, beginning in our current fiscal first quarter.”

Investor

Conference Call

previously announced, the Company will hold a conference call to discuss these results on Wednesday, July 15, 2026, at 4:30 PM Eastern

Time. Investors and analysts may access the call by dialing 1-888-506-0062. International callers may dial 1-973-528-0011. Callers should

provide participant access code: 941406 or ask for the Frequency Electronics conference call.

The

archived call may be accessed by calling 1-877-481-4010 (domestic), or 1-919-882-2331 (international), for one week following the call

(replay passcode: 54269). Subsequent to that, the call can be accessed via a link available on the Company’s website through October

15, 2026.

1 These

adjusted financial metrics are non-GAAP measures. See “Non-GAAP Measures” below for additional information.

About

Frequency Electronics

Frequency

Electronics, Inc. (FEI) is a world leader in precision time and frequency generation technology, which is incorporated into commercial

and U.S. Government satellites, Command, Control, Communication, Computer, Intelligence, Surveillance and Reconnaissance (“C4ISR”),

and Electronic Warfare (“EW”) systems. Its technology is used for a wide range of space and non-space applications. FEI has

received over 100 awards of excellence for achievements in providing high performance electronic assemblies for over 150 space and DOW

programs. The Company invests significant resources in research and development to expand its capabilities and markets.

FEI’s

Mission Statement: “Our mission is to transform discoveries and demonstrations made in research laboratories into practical,

real-world products. We are proud of a legacy which has delivered precision time and frequency generation products, for space and other

world-changing applications that are unavailable from any other source. We aim to continue that legacy while adapting our products and

expertise to the needs of the future. With a relentless emphasis on excellence in everything we do, we aim, in these ways, to create

value for our customers, employees, and stockholders.”

Use

of Non-GAAP Financial Information: The Company reports its financial results in accordance with U.S. generally accepted accounting

principles (GAAP). Additionally, the Company provides certain financial measures in this press release that are not measures of financial

performance under GAAP. The non-GAAP financial information presented excludes certain significant items that may not be indicative of,

or are unrelated to, results from our ongoing business operations. We believe that these non-GAAP measures provide investors with additional

insight into the Company’s ongoing business performance. These non-GAAP measures, defined below, should be viewed as supplements

to (not substitutes for) our results of operations and other measures reported under GAAP. Other companies may define or calculate these

non-GAAP measures differently. We encourage investors to review our financial statements and publicly-filed reports in their entirety

and not to rely on any single financial measure. Reconciliations of these non-GAAP measures to the most closely comparable GAAP measures

are presented below under “Reconciliation of Reported to Adjusted Numbers.”

“Adjusted

for Non-Recurring” measures in the statements of operations. We present certain measures, or line items, of the statements of operations

that are “Adjusted for Non-Recurring” items. To calculate these measures, we have adjusted, as applicable, for (1) one time

restructuring costs in connection with the business restructuring involving FEI-Elcom; (2) a non-cash charge for an accrual related to

a one-time change in employee sick/paid-time-off policies; (3) costs associate with transformational engineering employment costs, including

the Company’s expansion into Colorado in Fiscal 2026; and (4) one time business improvement costs associated with a significant

manufacturing efficiency project.

“Adjusted

for Non-Recurring & Future Investment” measures in the statements of operations. We present certain measures, or line items,

of the statements of operations that are “Adjusted for Non-Recurring & Future Investment” items. To calculate these measures,

we have adjusted, as applicable, for each of the items described above with respect to “Adjusted for Non-Recurring” measures

and have further adjusted to include costs related to future investments with respect to these same items

Forward-Looking

Statements

The

statements in this press release regarding future earnings and operations, including statements regarding our three-year gross margin

target, our three-year operating margin target, our three-year revenue target and similar targets or objectives, and other statements

relating to the future constitute “forward-looking” statements pursuant to the safe harbor provisions of the Private Securities

Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results

to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are

not limited to, the risks associated with reliance on key customers, including the U.S. government, the Company’s use of estimates

when accounting for contracts, actions by significant customers or competitors, competitive factors, new products and technological changes,

continued acceptance of the Company’s products in the marketplace, dependence upon third-party vendors, product prices and raw

material costs, the Company’s ability to attract and retain key employees, general domestic and international economic conditions,

health epidemics and pandemics, external disruptions to the Company’s facilities or supply chain, the Company’s operations

in a highly regulated industry, the outcome of any litigation and arbitration proceedings, cybersecurity attacks, noncompliance with

any of the covenants in the credit agreement, volatility in the Company’s stock price, including due to the relatively low trading

volume of its common stock, and failure to maintain an effective system of internal controls over financial reporting. The factors listed

above are not exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and

in our filings with the Securities and Exchange Commission. The Company’s Annual Report on Form 10-K for the fiscal year ended

April 30, 2025, filed on July 18, 2025 with the Securities and Exchange Commission includes additional factors that could materially

and adversely impact the Company’s business, financial condition and results of operations, as such factors are updated from time

to time in our periodic filings with the Securities and Exchange Commission, which are accessible on the Securities and Exchange Commission’s

website at www.sec.gov. Moreover, the Company operates in a very competitive and rapidly changing environment. New factors emerge from

time to time and it is not possible for management to predict the impact of all these factors on the Company’s business, financial

condition or results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially

from those contained in any forward-looking statements. Given these risks and uncertainties, investors should not rely on forward-looking

statements as a prediction of actual results. Any or all of the forward-looking statements contained in this press release and any other

public statement made by the Company or its management may turn out to be incorrect. The Company expressly disclaims any obligation to

update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required

by law.

Contact information:

Dr. Thomas McClelland, President and Chief Executive Officer;

Steven

Bernstein, Chief Financial Officer;

Telephone:

(516) 794-4500 ext.5000

WEBSITE:

www.freqelec.com

Frequency

Electronics, Inc. and Subsidiaries

Condensed

Consolidated Statements of Operations

(in

thousands except per share data)

Three Months Ended

Twelve Months Ended

April 30,

(unaudited)

2026

2025

2026

2025

Revenues

$ 15,398

$ 19,986

$ 63,227

$ 69,811

Cost of revenues

15,246

12,492

44,831

39,714

Gross margin

152

7,494

18,396

30,097

Selling and administrative

4,603

2,675

15,403

12,289

Research and development

1,898

1,540

5,994

6,076

Operating (loss) income

(6,349 )

3,279

(3,001 )

11,732

Interest and other, net

(326 )

(72 )

412

Income before Income Taxes

(6,675 )

3,207

(2,908 )

12,144

(Benefit) provision for Income Taxes

(1,770 )

(2,005 )

(11,542 )

Net (loss) income

$ (4,905 )

$ 3,197

$ (903 )

$ 23,686

Net income per share:

Basic income per share

$ (0.50 )

$ 0.33

$ (0.09 )

$ 2.46

Diluted income per share

$ (0.50 )

$ 0.33

$ (0.09 )

$ 2.46

Weighted average shares outstanding

Basic

9,854

9,692

9,783

9,612

Diluted

9,854

9,692

9,783

9,615

Frequency

Electronics, Inc. and Subsidiaries

Condensed

Consolidated Balance Sheets

(in

thousands)

April 30,

2026

April 30,

2025

(unaudited)

ASSETS

Cash and cash equivalents

$ 1,603

$ 4,720

Accounts receivable, net

4,740

5,914

Contract assets

17,277

17,914

Inventories, net

22,618

23,487

Other current assets

1,738

1,071

Property, plant & equipment, net

7,105

6,188

Other assets

12,801

12,374

Deferred taxes

14,084

12,045

Right-of-use assets – operating leases

7,409

8,659

Restricted cash

1,331

1,365

$ 90,706

$ 93,737

LIABILITIES AND STOCKHOLDERS’ EQUITY

Lease liability - current

$ 2,002

$ 2,027

Contract liabilities

9,418

13,607

Other current liabilities

9,564

7,821

Other long-term obligations

7,671

7,933

Operating lease liability – non-current

5,648

6,729

Stockholders’ equity

56,403

55,620

$ 90,706

$ 93,737

Frequency

Electronics, Inc. and Subsidiaries

Reconciliation

of Reported to Adjusted Numbers

(in

thousands)

(unaudited)

Three Months Ended

Twelve Months Ended

Three Months

Ended

Twelve Months

Ended

April 30, 2026

(unaudited)

Adjusted for

Non-Recurring

Adjusted for

& Future

Reported

Non-Recurring

Reported

Non-Recurring

Investment

Revenues

$ 15,398

$ 63,227

$ 15,398

$ 63,227

Cost of revenues

15,246

10,873

44,831

40,458

9,832

37,147

Gross margin

152

4,525

18,396

22,769

5,566

26,080

Gross Margin %

1.0 %

29.4 %

29.1 %

36.0 %

36.1 %

41.2 %

Selling and administrative

4,603

3,835

15,403

14,082

3,462

12,968

Research and development

1,898

5,994

1,898

5,994

Operating (loss) income

(6,349 )

(1,208 )

(3,001 )

2,693

206

7,118

Operating (loss) income %

-41.2 %

-7.8 %

-4.7 %

4.3 %

1.3 %

11.3 %

Reconciliation of Reported to Adjusted for Non-Recurring (Non-GAAP) for the Three Months Ended April 30, 2026 (unaudited)

Business

One Time

Transformational

Improvement

Restructuring

Change in

Employment

Transformation

Adjusted for

Reported

Cost

PTO Policy

Costs

Non-Recurring

Revenues

$ 15,398

$ -

$ 15,398

Cost of revenues

15,246

(4,373 )

10,873

Gross margin

152

4,373

4,525

Gross Margin %

1.0 %

29.4 %

Selling and administrative

4,603

(446 )

(164 )

(89 )

(69 )

3,835

Research and development

1,898

Operating (loss) income

(6,349 )

4,819

164

(1,208 )

Operating (loss) income %

-41.2 %

-7.8 %

Frequency

Electronics, Inc. and Subsidiaries

Reconciliation

of Reported to Adjusted Numbers

(in

thousands)

(unaudited)

Reconciliation of Reported to Adjusted for Non-Recurring & Future Investment (Non-GAAP) for the Three Months Ended April 30, 2026 (unaudited)

Business

Adjusted for

One Time

Transformational

Improvement

Non-Recurring

Restructuring

Change in

Employment

Transformation

& Future

Reported

Cost

PTO Policy

Costs

Investment

Revenues

$ 15,398

$ -

$ 15,398

Cost of revenues

15,246

(4,373 )

(718 )

(323 )

9,832

Gross margin

152

4,373

718.00

323.00

5,566

Gross Margin %

1.0 %

36.1 %

Selling and administrative

4,603

(446 )

(164 )

(89 )

(442 )

3,462

Research and development

1,898

Operating (loss) income

(6,349 )

4,819

164

807

765

206

Operating (loss) income %

-41.2 %

1.3 %

Reconciliation of Reported to Adjusted for Non-Recurring (Non-GAAP) for the Twelve Months Ended April 30, 2026 (unaudited)

Business

One Time

Transformational

Improvement

Restructuring

Change in

Employment

Transformation

Adjusted for

Reported

Cost

PTO Policy

Costs

Non-Recurring

Revenues

$ 63,227

$ -

$ 63,227

Cost of revenues

44,831

(4,373 )

40,458

Gross margin

18,396

4,373

22,769

Gross Margin %

29.1 %

36.0 %

Selling and administrative

15,403

(446 )

(164 )

(355 )

(356 )

14,082

Research and development

5,994

Operating (loss) income

(3,001 )

4,819

164

355

356

2,693

Operating (loss) income %

-4.7 %

4.3 %

Reconciliation of Reported to Adjusted for Non-Recurring & Future Investment (Non-GAAP) for the Twelve Months Ended April 30, 2026 (unaudited)

Business

Adjusted for

One Time

Transformational

Improvement

Non-Recurring

Restructuring

Change in

Employment

Transformation

& Future

Reported

Cost

PTO Policy

Costs

Investment

Revenues

$ 63,227

$ -

$ 63,227

Cost of revenues

44,831

(4,373 )

(2,155 )

(1,156 )

37,147

Gross margin

18,396

4,373

2,155

1,156

26,080

Gross Margin %

29.1 %

41.2 %

Selling and administrative

15,403

(446 )

(164 )

(355 )

(1,470 )

12,968

Research and development

5,994

Operating (loss) income

(3,001 )

4,819

164

2,510

2,626

7,118

Operating (loss) income %

-4.7 %

11.3 %

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 7

v3.26.1

Cover

Jul. 15, 2026

Cover [Abstract]

Document Type

8-K

Amendment Flag

false

Document Period End Date

Jul. 15, 2026

Entity File Number

1-8061

Entity Registrant Name

Frequency Electronics, Inc.

Entity Central Index Key

0000039020

Entity Tax Identification Number

11-1986657

Entity Incorporation, State or Country Code

Entity Address, Address Line One

55 Charles Lindbergh Blvd.

Entity Address, City or Town

Mitchel Field

Entity Address, State or Province

Entity Address, Postal Zip Code

11553

City Area Code

516

Local Phone Number

794-4500

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Common Stock (par value $1.00 per share)

Trading Symbol

FEIM

Security Exchange Name

NASDAQ

Entity Emerging Growth Company

false

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Cover page.

+ References

No definition available.

+ Details

Name:

dei_CoverAbstract

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration