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Side-by-side financial comparison of FREQUENCY ELECTRONICS INC (FEIM) and USCB FINANCIAL HOLDINGS, INC. (USCB). Click either name above to swap in a different company.

USCB FINANCIAL HOLDINGS, INC. is the larger business by last-quarter revenue ($22.2M vs $17.1M, roughly 1.3× FREQUENCY ELECTRONICS INC). FREQUENCY ELECTRONICS INC runs the higher net margin — 10.5% vs 6.1%, a 4.4% gap on every dollar of revenue. On growth, USCB FINANCIAL HOLDINGS, INC. posted the faster year-over-year revenue change (14.7% vs 8.3%). USCB FINANCIAL HOLDINGS, INC. produced more free cash flow last quarter ($42.5M vs $-1.1M). Over the past eight quarters, USCB FINANCIAL HOLDINGS, INC.'s revenue compounded faster (12.3% 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.

USCB Financial Holdings, Inc. is a U.S.-headquartered bank holding company that offers comprehensive retail and commercial banking services, including deposit products, personal and business loans, wealth management, and digital banking tools. It primarily serves individual consumers, small and medium-sized enterprises, and local corporate clients across its operating regions in the United States, prioritizing personalized customer experiences and community-oriented financial services.

FEIM vs USCB — Head-to-Head

Bigger by revenue
USCB
USCB
1.3× larger
USCB
$22.2M
$17.1M
FEIM
Growing faster (revenue YoY)
USCB
USCB
+6.5% gap
USCB
14.7%
8.3%
FEIM
Higher net margin
FEIM
FEIM
4.4% more per $
FEIM
10.5%
6.1%
USCB
More free cash flow
USCB
USCB
$43.6M more FCF
USCB
$42.5M
$-1.1M
FEIM
Faster 2-yr revenue CAGR
USCB
USCB
Annualised
USCB
12.3%
11.8%
FEIM

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
FEIM
FEIM
USCB
USCB
Revenue
$17.1M
$22.2M
Net Profit
$1.8M
$1.4M
Gross Margin
38.2%
Operating Margin
10.0%
14.7%
Net Margin
10.5%
6.1%
Revenue YoY
8.3%
14.7%
Net Profit YoY
-32.1%
-80.3%
EPS (diluted)
$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
FEIM
FEIM
USCB
USCB
Q4 25
$17.1M
$22.2M
Q3 25
$13.8M
$25.0M
Q2 25
$20.0M
$24.4M
Q1 25
$18.9M
$22.8M
Q4 24
$15.8M
$23.0M
Q3 24
$15.1M
$21.5M
Q2 24
$15.6M
$20.5M
Q1 24
$13.7M
$17.6M
Net Profit
FEIM
FEIM
USCB
USCB
Q4 25
$1.8M
$1.4M
Q3 25
$634.0K
$8.9M
Q2 25
$3.2M
$8.1M
Q1 25
$15.4M
$7.7M
Q4 24
$2.7M
$6.9M
Q3 24
$2.4M
$6.9M
Q2 24
$2.6M
$6.2M
Q1 24
$130.0K
$4.6M
Gross Margin
FEIM
FEIM
USCB
USCB
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
USCB
USCB
Q4 25
10.0%
14.7%
Q3 25
2.6%
47.3%
Q2 25
16.4%
44.0%
Q1 25
18.3%
44.2%
Q4 24
16.5%
39.6%
Q3 24
15.7%
42.5%
Q2 24
16.0%
39.8%
Q1 24
-3.4%
34.3%
Net Margin
FEIM
FEIM
USCB
USCB
Q4 25
10.5%
6.1%
Q3 25
4.6%
35.8%
Q2 25
16.0%
33.4%
Q1 25
81.4%
33.5%
Q4 24
16.8%
30.0%
Q3 24
16.1%
32.3%
Q2 24
16.9%
30.3%
Q1 24
0.9%
26.2%
EPS (diluted)
FEIM
FEIM
USCB
USCB
Q4 25
$0.18
Q3 25
$0.07
$0.45
Q2 25
$0.33
Q1 25
$1.60
Q4 24
$0.28
Q3 24
$0.25
$0.35
Q2 24
$0.28
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
USCB
USCB
Cash + ST InvestmentsLiquidity on hand
$3.0M
$38.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$58.5M
$217.2M
Total Assets
$92.3M
$2.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FEIM
FEIM
USCB
USCB
Q4 25
$3.0M
$38.5M
Q3 25
$4.5M
$56.8M
Q2 25
$4.7M
$54.8M
Q1 25
$5.5M
$98.0M
Q4 24
$9.7M
$77.0M
Q3 24
$16.2M
$38.5M
Q2 24
$18.3M
$77.3M
Q1 24
$11.7M
$126.5M
Stockholders' Equity
FEIM
FEIM
USCB
USCB
Q4 25
$58.5M
$217.2M
Q3 25
$56.3M
$209.1M
Q2 25
$55.6M
$231.6M
Q1 25
$51.8M
$225.1M
Q4 24
$36.2M
$215.4M
Q3 24
$33.2M
$213.9M
Q2 24
$39.8M
$201.0M
Q1 24
$36.7M
$195.0M
Total Assets
FEIM
FEIM
USCB
USCB
Q4 25
$92.3M
$2.8B
Q3 25
$93.2M
$2.8B
Q2 25
$93.7M
$2.7B
Q1 25
$86.4M
$2.7B
Q4 24
$77.8M
$2.6B
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
USCB
USCB
Operating Cash FlowLast quarter
$-523.0K
$42.8M
Free Cash FlowOCF − Capex
$-1.1M
$42.5M
FCF MarginFCF / Revenue
-6.6%
191.4%
Capex IntensityCapex / Revenue
3.6%
1.4%
Cash ConversionOCF / Net Profit
-0.29×
31.40×
TTM Free Cash FlowTrailing 4 quarters
$-5.5M
$95.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FEIM
FEIM
USCB
USCB
Q4 25
$-523.0K
$42.8M
Q3 25
$1.2M
$20.1M
Q2 25
$-155.0K
$18.0M
Q1 25
$-3.6M
$14.6M
Q4 24
$3.8M
$34.8M
Q3 24
$-1.5M
$11.3M
Q2 24
$7.5M
$18.3M
Q1 24
$4.2M
$8.1M
Free Cash Flow
FEIM
FEIM
USCB
USCB
Q4 25
$-1.1M
$42.5M
Q3 25
$385.0K
$20.0M
Q2 25
$-786.0K
$18.0M
Q1 25
$-4.0M
$14.6M
Q4 24
$3.3M
$34.5M
Q3 24
$-1.8M
$11.2M
Q2 24
$6.7M
$18.2M
Q1 24
$3.9M
$8.0M
FCF Margin
FEIM
FEIM
USCB
USCB
Q4 25
-6.6%
191.4%
Q3 25
2.8%
80.3%
Q2 25
-3.9%
73.7%
Q1 25
-20.9%
63.9%
Q4 24
20.8%
150.2%
Q3 24
-11.8%
52.2%
Q2 24
42.8%
88.8%
Q1 24
28.4%
45.4%
Capex Intensity
FEIM
FEIM
USCB
USCB
Q4 25
3.6%
1.4%
Q3 25
5.6%
0.5%
Q2 25
3.2%
0.2%
Q1 25
1.7%
0.2%
Q4 24
3.3%
1.4%
Q3 24
2.2%
0.4%
Q2 24
5.3%
0.4%
Q1 24
2.3%
0.5%
Cash Conversion
FEIM
FEIM
USCB
USCB
Q4 25
-0.29×
31.40×
Q3 25
1.83×
2.25×
Q2 25
-0.05×
2.22×
Q1 25
-0.24×
1.91×
Q4 24
1.44×
5.05×
Q3 24
-0.60×
1.63×
Q2 24
2.85×
2.95×
Q1 24
32.36×
1.75×

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%

USCB
USCB

Segment breakdown not available.

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