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Side-by-side financial comparison of Airsculpt Technologies, Inc. (AIRS) and FREQUENCY ELECTRONICS INC (FEIM). Click either name above to swap in a different company.

Airsculpt Technologies, Inc. is the larger business by last-quarter revenue ($33.4M vs $17.1M, roughly 2.0× FREQUENCY ELECTRONICS INC). FREQUENCY ELECTRONICS INC runs the higher net margin — 10.5% vs 3.8%, a 6.7% gap on every dollar of revenue. On growth, FREQUENCY ELECTRONICS INC posted the faster year-over-year revenue change (8.3% vs -14.6%). FREQUENCY ELECTRONICS INC produced more free cash flow last quarter ($-1.1M vs $-2.6M). Over the past eight quarters, FREQUENCY ELECTRONICS INC's revenue compounded faster (11.8% CAGR vs -16.2%).

Airsculpt Technologies, Inc. is a medical technology and aesthetic services provider specializing in its proprietary minimally invasive AirSculpt body contouring treatments. The company operates premium clinics across the United States, catering to consumers seeking precise fat removal and body shaping solutions with significantly shorter recovery times than traditional cosmetic procedures.

Ultra Electronics Holdings is a British defence and security company. It was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until it was acquired by Cobham, which is itself owned by Advent International.

AIRS vs FEIM — Head-to-Head

Bigger by revenue
AIRS
AIRS
2.0× larger
AIRS
$33.4M
$17.1M
FEIM
Growing faster (revenue YoY)
FEIM
FEIM
+22.9% gap
FEIM
8.3%
-14.6%
AIRS
Higher net margin
FEIM
FEIM
6.7% more per $
FEIM
10.5%
3.8%
AIRS
More free cash flow
FEIM
FEIM
$1.5M more FCF
FEIM
$-1.1M
$-2.6M
AIRS
Faster 2-yr revenue CAGR
FEIM
FEIM
Annualised
FEIM
11.8%
-16.2%
AIRS

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
AIRS
AIRS
FEIM
FEIM
Revenue
$33.4M
$17.1M
Net Profit
$1.3M
$1.8M
Gross Margin
38.2%
Operating Margin
-3.0%
10.0%
Net Margin
3.8%
10.5%
Revenue YoY
-14.6%
8.3%
Net Profit YoY
126.7%
-32.1%
EPS (diluted)
$0.02
$0.18

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AIRS
AIRS
FEIM
FEIM
Q4 25
$33.4M
$17.1M
Q3 25
$35.0M
$13.8M
Q2 25
$44.0M
$20.0M
Q1 25
$39.4M
$18.9M
Q4 24
$39.2M
$15.8M
Q3 24
$42.5M
$15.1M
Q2 24
$51.0M
$15.6M
Q1 24
$47.6M
$13.7M
Net Profit
AIRS
AIRS
FEIM
FEIM
Q4 25
$1.3M
$1.8M
Q3 25
$-9.5M
$634.0K
Q2 25
$-591.0K
$3.2M
Q1 25
$-2.8M
$15.4M
Q4 24
$-4.8M
$2.7M
Q3 24
$-6.0M
$2.4M
Q2 24
$-3.2M
$2.6M
Q1 24
$6.0M
$130.0K
Gross Margin
AIRS
AIRS
FEIM
FEIM
Q4 25
38.2%
Q3 25
36.8%
Q2 25
37.5%
Q1 25
43.8%
Q4 24
48.2%
Q3 24
44.4%
Q2 24
40.3%
Q1 24
22.6%
Operating Margin
AIRS
AIRS
FEIM
FEIM
Q4 25
-3.0%
10.0%
Q3 25
-27.9%
2.6%
Q2 25
1.8%
16.4%
Q1 25
-4.0%
18.3%
Q4 24
-9.9%
16.5%
Q3 24
-8.7%
15.7%
Q2 24
-9.8%
16.0%
Q1 24
23.1%
-3.4%
Net Margin
AIRS
AIRS
FEIM
FEIM
Q4 25
3.8%
10.5%
Q3 25
-27.2%
4.6%
Q2 25
-1.3%
16.0%
Q1 25
-7.2%
81.4%
Q4 24
-12.3%
16.8%
Q3 24
-14.2%
16.1%
Q2 24
-6.3%
16.9%
Q1 24
12.7%
0.9%
EPS (diluted)
AIRS
AIRS
FEIM
FEIM
Q4 25
$0.02
$0.18
Q3 25
$-0.15
$0.07
Q2 25
$-0.01
$0.33
Q1 25
$-0.05
$1.60
Q4 24
$-0.08
$0.28
Q3 24
$-0.10
$0.25
Q2 24
$-0.06
$0.28
Q1 24
$0.10
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AIRS
AIRS
FEIM
FEIM
Cash + ST InvestmentsLiquidity on hand
$8.4M
$3.0M
Total DebtLower is stronger
$56.0M
Stockholders' EquityBook value
$87.7M
$58.5M
Total Assets
$187.3M
$92.3M
Debt / EquityLower = less leverage
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIRS
AIRS
FEIM
FEIM
Q4 25
$8.4M
$3.0M
Q3 25
$5.4M
$4.5M
Q2 25
$8.2M
$4.7M
Q1 25
$5.6M
$5.5M
Q4 24
$8.2M
$9.7M
Q3 24
$6.0M
$16.2M
Q2 24
$9.9M
$18.3M
Q1 24
$11.0M
$11.7M
Total Debt
AIRS
AIRS
FEIM
FEIM
Q4 25
$56.0M
Q3 25
$56.9M
Q2 25
$57.7M
Q1 25
$68.5M
Q4 24
$69.7M
Q3 24
$70.1M
Q2 24
$70.7M
Q1 24
$71.2M
Stockholders' Equity
AIRS
AIRS
FEIM
FEIM
Q4 25
$87.7M
$58.5M
Q3 25
$82.1M
$56.3M
Q2 25
$91.2M
$55.6M
Q1 25
$77.3M
$51.8M
Q4 24
$78.2M
$36.2M
Q3 24
$82.5M
$33.2M
Q2 24
$85.0M
$39.8M
Q1 24
$83.5M
$36.7M
Total Assets
AIRS
AIRS
FEIM
FEIM
Q4 25
$187.3M
$92.3M
Q3 25
$185.9M
$93.2M
Q2 25
$198.4M
$93.7M
Q1 25
$203.3M
$86.4M
Q4 24
$212.8M
$77.8M
Q3 24
$208.2M
$84.3M
Q2 24
$210.1M
$83.3M
Q1 24
$202.7M
$77.7M
Debt / Equity
AIRS
AIRS
FEIM
FEIM
Q4 25
0.64×
Q3 25
0.69×
Q2 25
0.63×
Q1 25
0.89×
Q4 24
0.89×
Q3 24
0.85×
Q2 24
0.83×
Q1 24
0.85×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AIRS
AIRS
FEIM
FEIM
Operating Cash FlowLast quarter
$-2.5M
$-523.0K
Free Cash FlowOCF − Capex
$-2.6M
$-1.1M
FCF MarginFCF / Revenue
-7.7%
-6.6%
Capex IntensityCapex / Revenue
0.2%
3.6%
Cash ConversionOCF / Net Profit
-1.97×
-0.29×
TTM Free Cash FlowTrailing 4 quarters
$692.0K
$-5.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIRS
AIRS
FEIM
FEIM
Q4 25
$-2.5M
$-523.0K
Q3 25
$-225.0K
$1.2M
Q2 25
$5.0M
$-155.0K
Q1 25
$868.0K
$-3.6M
Q4 24
$2.7M
$3.8M
Q3 24
$1.8M
$-1.5M
Q2 24
$3.4M
$7.5M
Q1 24
$3.4M
$4.2M
Free Cash Flow
AIRS
AIRS
FEIM
FEIM
Q4 25
$-2.6M
$-1.1M
Q3 25
$-405.0K
$385.0K
Q2 25
$4.7M
$-786.0K
Q1 25
$-1.0M
$-4.0M
Q4 24
$-815.0K
$3.3M
Q3 24
$-3.1M
$-1.8M
Q2 24
$-576.0K
$6.7M
Q1 24
$1.8M
$3.9M
FCF Margin
AIRS
AIRS
FEIM
FEIM
Q4 25
-7.7%
-6.6%
Q3 25
-1.2%
2.8%
Q2 25
10.7%
-3.9%
Q1 25
-2.6%
-20.9%
Q4 24
-2.1%
20.8%
Q3 24
-7.2%
-11.8%
Q2 24
-1.1%
42.8%
Q1 24
3.8%
28.4%
Capex Intensity
AIRS
AIRS
FEIM
FEIM
Q4 25
0.2%
3.6%
Q3 25
0.5%
5.6%
Q2 25
0.6%
3.2%
Q1 25
4.8%
1.7%
Q4 24
9.0%
3.3%
Q3 24
11.5%
2.2%
Q2 24
7.9%
5.3%
Q1 24
3.3%
2.3%
Cash Conversion
AIRS
AIRS
FEIM
FEIM
Q4 25
-1.97×
-0.29×
Q3 25
1.83×
Q2 25
-0.05×
Q1 25
-0.24×
Q4 24
1.44×
Q3 24
-0.60×
Q2 24
2.85×
Q1 24
0.56×
32.36×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AIRS
AIRS

Segment breakdown not available.

FEIM
FEIM

POC Revenue$14.8M86%
POT Revenue$2.3M13%

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