Frequency Electronics Inc. reported its financial results for the fiscal year ending April 30, 2025. The company saw an increase in revenues, with FEI-NY contributing 76.3% and FEI-Zyfer 26.7%. However, revenues from non-space U.S. Government/DOD customers decreased by approximately $2.4 million, an 8% decline compared to the previous fiscal year. These government-related revenues accounted for approximately 38% of consolidated revenues in 2025, down from 52% in 2024. The company reported a significant increase in net income, which rose to 33.9%, up from 10.1% in the previous year. Gross profit also improved, rising to $30.1 million, a 62% increase from the $18.6 million reported in the prior year. The gross profit percentage increased from 33.6% to 43.1%. This improvement was attributed to higher margins in the FEI-NY segment due to favorable adjustments and progress in traditional space programs. There is no specific outlook or guidance provided in the document regarding future earnings or operations.
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