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Side-by-side financial comparison of FREQUENCY ELECTRONICS INC (FEIM) and SuperCom Ltd (SPCB). Click either name above to swap in a different company.

FREQUENCY ELECTRONICS INC is the larger business by last-quarter revenue ($17.1M vs $14.2M, roughly 1.2× SuperCom Ltd). SuperCom Ltd runs the higher net margin — 37.5% vs 10.5%, a 27.0% gap on every dollar of revenue. On growth, FREQUENCY ELECTRONICS INC posted the faster year-over-year revenue change (8.3% vs -1.5%). FREQUENCY ELECTRONICS INC produced more free cash flow last quarter ($-1.1M vs $-3.6M).

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.

Super.com is a technology company headquartered in San Francisco and co-founded by Hussein Fazal and Henry Shi. The company provides financial services, including reward programs and travel bookings.

FEIM vs SPCB — Head-to-Head

Bigger by revenue
FEIM
FEIM
1.2× larger
FEIM
$17.1M
$14.2M
SPCB
Growing faster (revenue YoY)
FEIM
FEIM
+9.7% gap
FEIM
8.3%
-1.5%
SPCB
Higher net margin
SPCB
SPCB
27.0% more per $
SPCB
37.5%
10.5%
FEIM
More free cash flow
FEIM
FEIM
$2.5M more FCF
FEIM
$-1.1M
$-3.6M
SPCB

Income Statement — Q2 FY2026 vs Q2 FY2025

Metric
FEIM
FEIM
SPCB
SPCB
Revenue
$17.1M
$14.2M
Net Profit
$1.8M
$5.3M
Gross Margin
38.2%
61.2%
Operating Margin
10.0%
16.3%
Net Margin
10.5%
37.5%
Revenue YoY
8.3%
-1.5%
Net Profit YoY
-32.1%
79.5%
EPS (diluted)
$0.18
$1.32

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
SPCB
SPCB
Q4 25
$17.1M
Q3 25
$13.8M
Q2 25
$20.0M
$14.2M
Q1 25
$18.9M
Q4 24
$15.8M
Q3 24
$15.1M
Q2 24
$15.6M
$14.4M
Q1 24
$13.7M
Net Profit
FEIM
FEIM
SPCB
SPCB
Q4 25
$1.8M
Q3 25
$634.0K
Q2 25
$3.2M
$5.3M
Q1 25
$15.4M
Q4 24
$2.7M
Q3 24
$2.4M
Q2 24
$2.6M
$3.0M
Q1 24
$130.0K
Gross Margin
FEIM
FEIM
SPCB
SPCB
Q4 25
38.2%
Q3 25
36.8%
Q2 25
37.5%
61.2%
Q1 25
43.8%
Q4 24
48.2%
Q3 24
44.4%
Q2 24
40.3%
52.3%
Q1 24
22.6%
Operating Margin
FEIM
FEIM
SPCB
SPCB
Q4 25
10.0%
Q3 25
2.6%
Q2 25
16.4%
16.3%
Q1 25
18.3%
Q4 24
16.5%
Q3 24
15.7%
Q2 24
16.0%
7.7%
Q1 24
-3.4%
Net Margin
FEIM
FEIM
SPCB
SPCB
Q4 25
10.5%
Q3 25
4.6%
Q2 25
16.0%
37.5%
Q1 25
81.4%
Q4 24
16.8%
Q3 24
16.1%
Q2 24
16.9%
20.6%
Q1 24
0.9%
EPS (diluted)
FEIM
FEIM
SPCB
SPCB
Q4 25
$0.18
Q3 25
$0.07
Q2 25
$0.33
$1.32
Q1 25
$1.60
Q4 24
$0.28
Q3 24
$0.25
Q2 24
$0.28
$1.19
Q1 24
$0.01

Balance Sheet & Financial Strength

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

Metric
FEIM
FEIM
SPCB
SPCB
Cash + ST InvestmentsLiquidity on hand
$3.0M
$15.0M
Total DebtLower is stronger
$23.6M
Stockholders' EquityBook value
$58.5M
$37.3M
Total Assets
$92.3M
$65.5M
Debt / EquityLower = less leverage
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FEIM
FEIM
SPCB
SPCB
Q4 25
$3.0M
Q3 25
$4.5M
Q2 25
$4.7M
$15.0M
Q1 25
$5.5M
Q4 24
$9.7M
Q3 24
$16.2M
Q2 24
$18.3M
$5.7M
Q1 24
$11.7M
Total Debt
FEIM
FEIM
SPCB
SPCB
Q4 25
Q3 25
Q2 25
$23.6M
Q1 25
Q4 24
Q3 24
Q2 24
$29.2M
Q1 24
Stockholders' Equity
FEIM
FEIM
SPCB
SPCB
Q4 25
$58.5M
Q3 25
$56.3M
Q2 25
$55.6M
$37.3M
Q1 25
$51.8M
Q4 24
$36.2M
Q3 24
$33.2M
Q2 24
$39.8M
$13.8M
Q1 24
$36.7M
Total Assets
FEIM
FEIM
SPCB
SPCB
Q4 25
$92.3M
Q3 25
$93.2M
Q2 25
$93.7M
$65.5M
Q1 25
$86.4M
Q4 24
$77.8M
Q3 24
$84.3M
Q2 24
$83.3M
$49.6M
Q1 24
$77.7M
Debt / Equity
FEIM
FEIM
SPCB
SPCB
Q4 25
Q3 25
Q2 25
0.63×
Q1 25
Q4 24
Q3 24
Q2 24
2.11×
Q1 24

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
SPCB
SPCB
Operating Cash FlowLast quarter
$-523.0K
$-2.2M
Free Cash FlowOCF − Capex
$-1.1M
$-3.6M
FCF MarginFCF / Revenue
-6.6%
-25.3%
Capex IntensityCapex / Revenue
3.6%
10.0%
Cash ConversionOCF / Net Profit
-0.29×
-0.41×
TTM Free Cash FlowTrailing 4 quarters
$-5.5M
$-14.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FEIM
FEIM
SPCB
SPCB
Q4 25
$-523.0K
Q3 25
$1.2M
Q2 25
$-155.0K
$-2.2M
Q1 25
$-3.6M
Q4 24
$3.8M
Q3 24
$-1.5M
Q2 24
$7.5M
$-950.0K
Q1 24
$4.2M
Free Cash Flow
FEIM
FEIM
SPCB
SPCB
Q4 25
$-1.1M
Q3 25
$385.0K
Q2 25
$-786.0K
$-3.6M
Q1 25
$-4.0M
Q4 24
$3.3M
Q3 24
$-1.8M
Q2 24
$6.7M
$-1.6M
Q1 24
$3.9M
FCF Margin
FEIM
FEIM
SPCB
SPCB
Q4 25
-6.6%
Q3 25
2.8%
Q2 25
-3.9%
-25.3%
Q1 25
-20.9%
Q4 24
20.8%
Q3 24
-11.8%
Q2 24
42.8%
-10.8%
Q1 24
28.4%
Capex Intensity
FEIM
FEIM
SPCB
SPCB
Q4 25
3.6%
Q3 25
5.6%
Q2 25
3.2%
10.0%
Q1 25
1.7%
Q4 24
3.3%
Q3 24
2.2%
Q2 24
5.3%
4.2%
Q1 24
2.3%
Cash Conversion
FEIM
FEIM
SPCB
SPCB
Q4 25
-0.29×
Q3 25
1.83×
Q2 25
-0.05×
-0.41×
Q1 25
-0.24×
Q4 24
1.44×
Q3 24
-0.60×
Q2 24
2.85×
-0.32×
Q1 24
32.36×

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%

SPCB
SPCB

Segment breakdown not available.

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