vs

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

SUNation Energy, Inc. is the larger business by last-quarter revenue ($27.2M vs $17.1M, roughly 1.6× FREQUENCY ELECTRONICS INC). FREQUENCY ELECTRONICS INC runs the higher net margin — 10.5% vs 9.6%, a 0.9% gap on every dollar of revenue. On growth, SUNation Energy, Inc. posted the faster year-over-year revenue change (77.0% vs 8.3%). Over the past eight quarters, SUNation Energy, Inc.'s revenue compounded faster (43.5% 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.

Suncor Energy Inc. is a Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands. In the 2020 Forbes Global 2000, Suncor Energy was ranked as the 48th-largest public company in the world.

FEIM vs SUNE — Head-to-Head

Bigger by revenue
SUNE
SUNE
1.6× larger
SUNE
$27.2M
$17.1M
FEIM
Growing faster (revenue YoY)
SUNE
SUNE
+68.7% gap
SUNE
77.0%
8.3%
FEIM
Higher net margin
FEIM
FEIM
0.9% more per $
FEIM
10.5%
9.6%
SUNE
Faster 2-yr revenue CAGR
SUNE
SUNE
Annualised
SUNE
43.5%
11.8%
FEIM

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
FEIM
FEIM
SUNE
SUNE
Revenue
$17.1M
$27.2M
Net Profit
$1.8M
$2.6M
Gross Margin
38.2%
40.7%
Operating Margin
10.0%
10.7%
Net Margin
10.5%
9.6%
Revenue YoY
8.3%
77.0%
Net Profit YoY
-32.1%
138.2%
EPS (diluted)
$0.18
$105.59

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
SUNE
SUNE
Q4 25
$17.1M
$27.2M
Q3 25
$13.8M
$19.0M
Q2 25
$20.0M
$13.1M
Q1 25
$18.9M
$12.6M
Q4 24
$15.8M
$15.4M
Q3 24
$15.1M
$14.7M
Q2 24
$15.6M
$13.5M
Q1 24
$13.7M
$13.2M
Net Profit
FEIM
FEIM
SUNE
SUNE
Q4 25
$1.8M
$2.6M
Q3 25
$634.0K
$-393.0K
Q2 25
$3.2M
$-9.6M
Q1 25
$15.4M
$-3.5M
Q4 24
$2.7M
$-6.8M
Q3 24
$2.4M
$-3.3M
Q2 24
$2.6M
$-6.9M
Q1 24
$130.0K
$1.2M
Gross Margin
FEIM
FEIM
SUNE
SUNE
Q4 25
38.2%
40.7%
Q3 25
36.8%
38.0%
Q2 25
37.5%
37.0%
Q1 25
43.8%
35.1%
Q4 24
48.2%
36.4%
Q3 24
44.4%
35.6%
Q2 24
40.3%
35.4%
Q1 24
22.6%
36.4%
Operating Margin
FEIM
FEIM
SUNE
SUNE
Q4 25
10.0%
10.7%
Q3 25
2.6%
-1.3%
Q2 25
16.4%
-16.6%
Q1 25
18.3%
-17.2%
Q4 24
16.5%
-42.3%
Q3 24
15.7%
-10.9%
Q2 24
16.0%
-15.0%
Q1 24
-3.4%
-16.5%
Net Margin
FEIM
FEIM
SUNE
SUNE
Q4 25
10.5%
9.6%
Q3 25
4.6%
-2.1%
Q2 25
16.0%
-73.5%
Q1 25
81.4%
-27.7%
Q4 24
16.8%
-44.4%
Q3 24
16.1%
-22.4%
Q2 24
16.9%
-51.2%
Q1 24
0.9%
9.1%
EPS (diluted)
FEIM
FEIM
SUNE
SUNE
Q4 25
$0.18
$105.59
Q3 25
$0.07
$-0.12
Q2 25
$0.33
$-3.14
Q1 25
$1.60
$-106.71
Q4 24
$0.28
$41676.94
Q3 24
$0.25
$-2350.12
Q2 24
$0.28
$-11022.91
Q1 24
$0.01
$-38414.84

Balance Sheet & Financial Strength

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

Metric
FEIM
FEIM
SUNE
SUNE
Cash + ST InvestmentsLiquidity on hand
$3.0M
$7.2M
Total DebtLower is stronger
$6.6M
Stockholders' EquityBook value
$58.5M
$24.3M
Total Assets
$92.3M
$48.2M
Debt / EquityLower = less leverage
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FEIM
FEIM
SUNE
SUNE
Q4 25
$3.0M
$7.2M
Q3 25
$4.5M
$5.4M
Q2 25
$4.7M
$3.2M
Q1 25
$5.5M
$1.4M
Q4 24
$9.7M
$839.3K
Q3 24
$16.2M
$1.1M
Q2 24
$18.3M
$1.0M
Q1 24
$11.7M
$1.8M
Total Debt
FEIM
FEIM
SUNE
SUNE
Q4 25
$6.6M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FEIM
FEIM
SUNE
SUNE
Q4 25
$58.5M
$24.3M
Q3 25
$56.3M
$21.7M
Q2 25
$55.6M
$22.1M
Q1 25
$51.8M
$14.8M
Q4 24
$36.2M
$8.5M
Q3 24
$33.2M
$13.1M
Q2 24
$39.8M
$-10.9M
Q1 24
$36.7M
$-11.2M
Total Assets
FEIM
FEIM
SUNE
SUNE
Q4 25
$92.3M
$48.2M
Q3 25
$93.2M
$49.6M
Q2 25
$93.7M
$44.1M
Q1 25
$86.4M
$44.4M
Q4 24
$77.8M
$45.7M
Q3 24
$84.3M
$51.0M
Q2 24
$83.3M
$52.9M
Q1 24
$77.7M
$54.7M
Debt / Equity
FEIM
FEIM
SUNE
SUNE
Q4 25
0.27×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
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
SUNE
SUNE
Operating Cash FlowLast quarter
$-523.0K
$2.1M
Free Cash FlowOCF − Capex
$-1.1M
FCF MarginFCF / Revenue
-6.6%
Capex IntensityCapex / Revenue
3.6%
Cash ConversionOCF / Net Profit
-0.29×
0.81×
TTM Free Cash FlowTrailing 4 quarters
$-5.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FEIM
FEIM
SUNE
SUNE
Q4 25
$-523.0K
$2.1M
Q3 25
$1.2M
$2.4M
Q2 25
$-155.0K
$-130.2K
Q1 25
$-3.6M
$-3.4M
Q4 24
$3.8M
$-1.9M
Q3 24
$-1.5M
$-968.1K
Q2 24
$7.5M
$-776.4K
Q1 24
$4.2M
$-2.6M
Free Cash Flow
FEIM
FEIM
SUNE
SUNE
Q4 25
$-1.1M
Q3 25
$385.0K
$2.4M
Q2 25
$-786.0K
Q1 25
$-4.0M
Q4 24
$3.3M
$-1.9M
Q3 24
$-1.8M
$-980.3K
Q2 24
$6.7M
$-788.4K
Q1 24
$3.9M
$-2.7M
FCF Margin
FEIM
FEIM
SUNE
SUNE
Q4 25
-6.6%
Q3 25
2.8%
12.5%
Q2 25
-3.9%
Q1 25
-20.9%
Q4 24
20.8%
-12.4%
Q3 24
-11.8%
-6.7%
Q2 24
42.8%
-5.8%
Q1 24
28.4%
-20.1%
Capex Intensity
FEIM
FEIM
SUNE
SUNE
Q4 25
3.6%
Q3 25
5.6%
0.0%
Q2 25
3.2%
Q1 25
1.7%
Q4 24
3.3%
0.0%
Q3 24
2.2%
0.1%
Q2 24
5.3%
0.1%
Q1 24
2.3%
0.0%
Cash Conversion
FEIM
FEIM
SUNE
SUNE
Q4 25
-0.29×
0.81×
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×
-2.20×

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%

SUNE
SUNE

Transferred At Point In Time$15.1M55%
Hawaii Energy Connection$10.0M37%
Transferred Over Time$2.1M8%

Related Comparisons