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Side-by-side financial comparison of FREQUENCY ELECTRONICS INC (FEIM) and Orange County Bancorp, Inc. (OBT). Click either name above to swap in a different company.

Orange County Bancorp, Inc. is the larger business by last-quarter revenue ($33.0M vs $17.1M, roughly 1.9× FREQUENCY ELECTRONICS INC). Orange County Bancorp, Inc. runs the higher net margin — 37.6% vs 10.5%, a 27.1% gap on every dollar of revenue. On growth, Orange County Bancorp, Inc. posted the faster year-over-year revenue change (20.6% vs 8.3%). Orange County Bancorp, Inc. produced more free cash flow last quarter ($41.3M vs $-1.1M). Over the past eight quarters, Orange County Bancorp, Inc.'s revenue compounded faster (14.3% CAGR vs 11.8%).

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.

Orange County Bancorp, Inc. is a Delaware-registered bank holding company operating mainly in New York, U.S. It offers a full range of retail and commercial banking services, including deposit accounts, loans and wealth management solutions, serving individual consumers, small and mid-sized corporate clients in its regional footprint.

FEIM vs OBT — Head-to-Head

Bigger by revenue
OBT
OBT
1.9× larger
OBT
$33.0M
$17.1M
FEIM
Growing faster (revenue YoY)
OBT
OBT
+12.4% gap
OBT
20.6%
8.3%
FEIM
Higher net margin
OBT
OBT
27.1% more per $
OBT
37.6%
10.5%
FEIM
More free cash flow
OBT
OBT
$42.5M more FCF
OBT
$41.3M
$-1.1M
FEIM
Faster 2-yr revenue CAGR
OBT
OBT
Annualised
OBT
14.3%
11.8%
FEIM

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
FEIM
FEIM
OBT
OBT
Revenue
$17.1M
$33.0M
Net Profit
$1.8M
$12.4M
Gross Margin
38.2%
Operating Margin
10.0%
41.4%
Net Margin
10.5%
37.6%
Revenue YoY
8.3%
20.6%
Net Profit YoY
-32.1%
73.5%
EPS (diluted)
$0.18
$0.94

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
FEIM
FEIM
OBT
OBT
Q4 25
$17.1M
$33.0M
Q3 25
$13.8M
$33.7M
Q2 25
$20.0M
$32.5M
Q1 25
$18.9M
$28.0M
Q4 24
$15.8M
$27.4M
Q3 24
$15.1M
$27.1M
Q2 24
$15.6M
$27.9M
Q1 24
$13.7M
$25.3M
Net Profit
FEIM
FEIM
OBT
OBT
Q4 25
$1.8M
$12.4M
Q3 25
$634.0K
$10.0M
Q2 25
$3.2M
$10.5M
Q1 25
$15.4M
$8.7M
Q4 24
$2.7M
$7.2M
Q3 24
$2.4M
$3.2M
Q2 24
$2.6M
$8.2M
Q1 24
$130.0K
$9.3M
Gross Margin
FEIM
FEIM
OBT
OBT
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
FEIM
FEIM
OBT
OBT
Q4 25
10.0%
41.4%
Q3 25
2.6%
38.6%
Q2 25
16.4%
41.9%
Q1 25
18.3%
40.3%
Q4 24
16.5%
32.8%
Q3 24
15.7%
14.8%
Q2 24
16.0%
36.6%
Q1 24
-3.4%
45.9%
Net Margin
FEIM
FEIM
OBT
OBT
Q4 25
10.5%
37.6%
Q3 25
4.6%
29.7%
Q2 25
16.0%
32.2%
Q1 25
81.4%
31.1%
Q4 24
16.8%
26.2%
Q3 24
16.1%
11.8%
Q2 24
16.9%
29.4%
Q1 24
0.9%
36.7%
EPS (diluted)
FEIM
FEIM
OBT
OBT
Q4 25
$0.18
$0.94
Q3 25
$0.07
$0.75
Q2 25
$0.33
$0.87
Q1 25
$1.60
$0.77
Q4 24
$0.28
$0.64
Q3 24
$0.25
$0.28
Q2 24
$0.28
$0.73
Q1 24
$0.01
$0.82

Balance Sheet & Financial Strength

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

Metric
FEIM
FEIM
OBT
OBT
Cash + ST InvestmentsLiquidity on hand
$3.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$58.5M
$284.4M
Total Assets
$92.3M
$2.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FEIM
FEIM
OBT
OBT
Q4 25
$3.0M
Q3 25
$4.5M
Q2 25
$4.7M
Q1 25
$5.5M
Q4 24
$9.7M
Q3 24
$16.2M
Q2 24
$18.3M
Q1 24
$11.7M
Stockholders' Equity
FEIM
FEIM
OBT
OBT
Q4 25
$58.5M
$284.4M
Q3 25
$56.3M
$270.1M
Q2 25
$55.6M
$252.6M
Q1 25
$51.8M
$201.3M
Q4 24
$36.2M
$185.5M
Q3 24
$33.2M
$193.1M
Q2 24
$39.8M
$177.5M
Q1 24
$36.7M
$168.7M
Total Assets
FEIM
FEIM
OBT
OBT
Q4 25
$92.3M
$2.7B
Q3 25
$93.2M
$2.6B
Q2 25
$93.7M
$2.6B
Q1 25
$86.4M
$2.6B
Q4 24
$77.8M
$2.5B
Q3 24
$84.3M
$2.5B
Q2 24
$83.3M
$2.5B
Q1 24
$77.7M
$2.5B

Cash Flow & Capital Efficiency

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

Metric
FEIM
FEIM
OBT
OBT
Operating Cash FlowLast quarter
$-523.0K
$43.8M
Free Cash FlowOCF − Capex
$-1.1M
$41.3M
FCF MarginFCF / Revenue
-6.6%
125.1%
Capex IntensityCapex / Revenue
3.6%
7.6%
Cash ConversionOCF / Net Profit
-0.29×
3.53×
TTM Free Cash FlowTrailing 4 quarters
$-5.5M
$69.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FEIM
FEIM
OBT
OBT
Q4 25
$-523.0K
$43.8M
Q3 25
$1.2M
$30.2M
Q2 25
$-155.0K
$-5.0M
Q1 25
$-3.6M
$4.8M
Q4 24
$3.8M
$34.6M
Q3 24
$-1.5M
$10.2M
Q2 24
$7.5M
$9.3M
Q1 24
$4.2M
$2.3M
Free Cash Flow
FEIM
FEIM
OBT
OBT
Q4 25
$-1.1M
$41.3M
Q3 25
$385.0K
$29.6M
Q2 25
$-786.0K
$-5.7M
Q1 25
$-4.0M
$4.3M
Q4 24
$3.3M
$32.9M
Q3 24
$-1.8M
$10.0M
Q2 24
$6.7M
$9.2M
Q1 24
$3.9M
$2.0M
FCF Margin
FEIM
FEIM
OBT
OBT
Q4 25
-6.6%
125.1%
Q3 25
2.8%
87.8%
Q2 25
-3.9%
-17.5%
Q1 25
-20.9%
15.5%
Q4 24
20.8%
120.0%
Q3 24
-11.8%
36.7%
Q2 24
42.8%
32.8%
Q1 24
28.4%
7.9%
Capex Intensity
FEIM
FEIM
OBT
OBT
Q4 25
3.6%
7.6%
Q3 25
5.6%
1.8%
Q2 25
3.2%
2.3%
Q1 25
1.7%
1.8%
Q4 24
3.3%
6.3%
Q3 24
2.2%
1.1%
Q2 24
5.3%
0.4%
Q1 24
2.3%
1.0%
Cash Conversion
FEIM
FEIM
OBT
OBT
Q4 25
-0.29×
3.53×
Q3 25
1.83×
3.01×
Q2 25
-0.05×
-0.47×
Q1 25
-0.24×
0.56×
Q4 24
1.44×
4.83×
Q3 24
-0.60×
3.19×
Q2 24
2.85×
1.13×
Q1 24
32.36×
0.24×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FEIM
FEIM

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

OBT
OBT

Segment breakdown not available.

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