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Side-by-side financial comparison of FREQUENCY ELECTRONICS INC (FEIM) and Invivyd, Inc. (IVVD). Click either name above to swap in a different company.
Invivyd, Inc. is the larger business by last-quarter revenue ($17.2M vs $17.1M, roughly 1.0× FREQUENCY ELECTRONICS INC). FREQUENCY ELECTRONICS INC runs the higher net margin — 10.5% vs -64.3%, a 74.8% gap on every dollar of revenue. On growth, Invivyd, Inc. posted the faster year-over-year revenue change (24.5% vs 8.3%).
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.
Invivyd, Inc. is a clinical-stage biopharmaceutical company focused on developing broadly neutralizing antibody therapies to prevent and treat serious viral infectious diseases. Its core research and development pipeline targets high-burden respiratory pathogens including respiratory syncytial virus, catering to unmet medical needs of global patient groups.
FEIM vs IVVD — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $17.1M | $17.2M |
| Net Profit | $1.8M | $-11.1M |
| Gross Margin | 38.2% | — |
| Operating Margin | 10.0% | -73.0% |
| Net Margin | 10.5% | -64.3% |
| Revenue YoY | 8.3% | 24.5% |
| Net Profit YoY | -32.1% | 40.0% |
| EPS (diluted) | $0.18 | $0.02 |
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.
| Q4 25 | $17.1M | $17.2M | ||
| Q3 25 | $13.8M | $13.1M | ||
| Q2 25 | $20.0M | $11.8M | ||
| Q1 25 | $18.9M | $11.3M | ||
| Q4 24 | $15.8M | $13.8M | ||
| Q3 24 | $15.1M | $9.3M | ||
| Q2 24 | $15.6M | $2.3M | ||
| Q1 24 | $13.7M | $0 |
| Q4 25 | $1.8M | $-11.1M | ||
| Q3 25 | $634.0K | $-10.5M | ||
| Q2 25 | $3.2M | $-14.7M | ||
| Q1 25 | $15.4M | $-16.3M | ||
| Q4 24 | $2.7M | $-18.4M | ||
| Q3 24 | $2.4M | $-60.7M | ||
| Q2 24 | $2.6M | $-47.2M | ||
| Q1 24 | $130.0K | $-43.5M |
| 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% | — |
| Q4 25 | 10.0% | -73.0% | ||
| Q3 25 | 2.6% | -84.0% | ||
| Q2 25 | 16.4% | -127.8% | ||
| Q1 25 | 18.3% | -149.7% | ||
| Q4 24 | 16.5% | -139.1% | ||
| Q3 24 | 15.7% | -670.0% | ||
| Q2 24 | 16.0% | -2175.2% | ||
| Q1 24 | -3.4% | — |
| Q4 25 | 10.5% | -64.3% | ||
| Q3 25 | 4.6% | -79.7% | ||
| Q2 25 | 16.0% | -124.4% | ||
| Q1 25 | 81.4% | -144.1% | ||
| Q4 24 | 16.8% | -133.5% | ||
| Q3 24 | 16.1% | -653.1% | ||
| Q2 24 | 16.9% | -2086.9% | ||
| Q1 24 | 0.9% | — |
| Q4 25 | $0.18 | $0.02 | ||
| Q3 25 | $0.07 | $-0.06 | ||
| Q2 25 | $0.33 | $-0.12 | ||
| Q1 25 | $1.60 | $-0.14 | ||
| Q4 24 | $0.28 | $-0.14 | ||
| Q3 24 | $0.25 | $-0.51 | ||
| Q2 24 | $0.28 | $-0.40 | ||
| Q1 24 | $0.01 | $-0.38 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.0M | $226.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $58.5M | $241.5M |
| Total Assets | $92.3M | $276.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.0M | $226.7M | ||
| Q3 25 | $4.5M | $85.0M | ||
| Q2 25 | $4.7M | $34.9M | ||
| Q1 25 | $5.5M | $48.1M | ||
| Q4 24 | $9.7M | $69.3M | ||
| Q3 24 | $16.2M | $106.9M | ||
| Q2 24 | $18.3M | $147.9M | ||
| Q1 24 | $11.7M | $189.4M |
| Q4 25 | $58.5M | $241.5M | ||
| Q3 25 | $56.3M | $93.1M | ||
| Q2 25 | $55.6M | $42.8M | ||
| Q1 25 | $51.8M | $54.1M | ||
| Q4 24 | $36.2M | $67.5M | ||
| Q3 24 | $33.2M | $83.2M | ||
| Q2 24 | $39.8M | $140.6M | ||
| Q1 24 | $36.7M | $178.5M |
| Q4 25 | $92.3M | $276.9M | ||
| Q3 25 | $93.2M | $139.2M | ||
| Q2 25 | $93.7M | $89.1M | ||
| Q1 25 | $86.4M | $103.7M | ||
| Q4 24 | $77.8M | $129.5M | ||
| Q3 24 | $84.3M | $161.9M | ||
| Q2 24 | $83.3M | $177.3M | ||
| Q1 24 | $77.7M | $215.5M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-523.0K | $-15.5M |
| Free Cash FlowOCF − Capex | $-1.1M | — |
| FCF MarginFCF / Revenue | -6.6% | — |
| Capex IntensityCapex / Revenue | 3.6% | 0.0% |
| Cash ConversionOCF / Net Profit | -0.29× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-5.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-523.0K | $-15.5M | ||
| Q3 25 | $1.2M | $-8.3M | ||
| Q2 25 | $-155.0K | $-13.3M | ||
| Q1 25 | $-3.6M | $-21.1M | ||
| Q4 24 | $3.8M | $-37.6M | ||
| Q3 24 | $-1.5M | $-41.1M | ||
| Q2 24 | $7.5M | $-41.6M | ||
| Q1 24 | $4.2M | $-50.2M |
| Q4 25 | $-1.1M | — | ||
| Q3 25 | $385.0K | — | ||
| Q2 25 | $-786.0K | $-13.3M | ||
| Q1 25 | $-4.0M | $-21.3M | ||
| Q4 24 | $3.3M | $-37.6M | ||
| Q3 24 | $-1.8M | $-41.1M | ||
| Q2 24 | $6.7M | — | ||
| Q1 24 | $3.9M | $-50.4M |
| Q4 25 | -6.6% | — | ||
| Q3 25 | 2.8% | — | ||
| Q2 25 | -3.9% | -112.9% | ||
| Q1 25 | -20.9% | -188.2% | ||
| Q4 24 | 20.8% | -272.2% | ||
| Q3 24 | -11.8% | -441.6% | ||
| Q2 24 | 42.8% | — | ||
| Q1 24 | 28.4% | — |
| Q4 25 | 3.6% | 0.0% | ||
| Q3 25 | 5.6% | 0.0% | ||
| Q2 25 | 3.2% | 0.1% | ||
| Q1 25 | 1.7% | 1.3% | ||
| Q4 24 | 3.3% | 0.0% | ||
| Q3 24 | 2.2% | 0.1% | ||
| Q2 24 | 5.3% | 0.0% | ||
| Q1 24 | 2.3% | — |
| Q4 25 | -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 | 32.36× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FEIM
| POC Revenue | $14.8M | 86% |
| POT Revenue | $2.3M | 13% |
IVVD
Segment breakdown not available.