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Frequency Electronics vs Veralto: revenue, profit, margins and growth compared

Frequency Electronics brought in $63.2M of revenue in fiscal 2026, Veralto $5.5B in fiscal 2025. Revenue changed by -9.4% at Frequency Electronics and +6.0% at Veralto on the year before, so Veralto grew faster. Frequency Electronics kept -1.4% of its revenue as net profit, Veralto 17.1%. Free cash flow was -$1.6M at Frequency Electronics and $1B at Veralto.

Side by side, latest fiscal year

FEIMVLTO
Fiscal year endedFY2026 (April 30, 2026)FY2025 (December 31, 2025)
Revenue$63.2M$5.5B
Revenue growth-9.4%+6.0%
Net income-$903K$940M
Net margin-1.4%17.1%
Free cash flow-$1.6M$1B
Free cash flow margin-2.5%18.4%
Earnings per share (diluted)-$0.09$3.76
Cash$1.6M$2B
Debtn/a$2.7B
Price to earningsn/a25.8
Market value$968.8M$23.7B
Dividend yieldn/an/a
Rank by revenue in sector#395 of 451 · Industrials#113 of 451 · Industrials

Over the years

Revenue
FEIM FY2019: $49.5MFEIM FY2020: $41.5MFEIM FY2021: $54.3MFEIM FY2022: $48.3MFEIM FY2023: $40.8MFEIM FY2024: $55.3MFEIM FY2025: $69.8MFEIM FY2026: $63.2MVLTO FY2021: $4.7BVLTO FY2023: $4.9BVLTO FY2023: $5BVLTO FY2024: $5.2BVLTO FY2025: $5.5BFY19FY20FY21FY22FY23FY24FY25FY26
FEIM $63.2MVLTO $5.5B
Net income
FEIM FY2019: -$2.5MFEIM FY2020: -$10MFEIM FY2021: $680KFEIM FY2022: -$8.7MFEIM FY2023: -$5.5MFEIM FY2024: $5.6MFEIM FY2025: $23.7MFEIM FY2026: -$903KVLTO FY2021: $861MVLTO FY2023: $845MVLTO FY2023: $839MVLTO FY2024: $833MVLTO FY2025: $940MFY19FY20FY21FY22FY23FY24FY25FY26
FEIM -$903KVLTO $940M
Net margin
FEIM FY2019: -5.1%FEIM FY2020: -24.2%FEIM FY2021: 1.3%FEIM FY2022: -17.9%FEIM FY2023: -13.5%FEIM FY2024: 10.1%FEIM FY2025: 33.9%FEIM FY2026: -1.4%VLTO FY2021: 18.3%VLTO FY2023: 17.4%VLTO FY2023: 16.7%VLTO FY2024: 16.0%VLTO FY2025: 17.1%FY19FY20FY21FY22FY23FY24FY25FY26
FEIM -1.4%VLTO 17.1%
Revenue growth
FEIM FY2020: -16.2%FEIM FY2021: +30.7%FEIM FY2022: -11.0%FEIM FY2023: -15.6%FEIM FY2024: +35.6%FEIM FY2025: +26.3%FEIM FY2026: -9.4%VLTO FY2023: +3.6%VLTO FY2023: +3.1%VLTO FY2024: +3.4%VLTO FY2025: +6.0%FY20FY21FY22FY23FY24FY25FY26
FEIM -9.4%VLTO +6.0%
Free cash flow
FEIM FY2019: -$2.9MFEIM FY2020: -$2.9MFEIM FY2021: $10.9MFEIM FY2022: $2.2MFEIM FY2023: $257KFEIM FY2024: $7.2MFEIM FY2025: -$3.2MFEIM FY2026: -$1.6MVLTO FY2021: $842MVLTO FY2023: $836MVLTO FY2023: $909MVLTO FY2024: $820MVLTO FY2025: $1BFY19FY20FY21FY22FY23FY24FY25FY26
FEIM -$1.6MVLTO $1B

Fiscal years as each company reports them; the two may end in different months.

Questions about Frequency Electronics and Veralto

Which is bigger by revenue, Frequency Electronics or Veralto?

Veralto is bigger by revenue: $5.5B in fiscal 2025, against $63.2M for Frequency Electronics in fiscal 2026.

Which keeps more of its revenue as profit, Frequency Electronics or Veralto?

Frequency Electronics had a net margin of -1.4% in fiscal 2026; Veralto had 17.1% in fiscal 2025.

Which grew revenue faster, Frequency Electronics or Veralto?

In their latest fiscal years revenue changed by -9.4% at Frequency Electronics and +6.0% at Veralto.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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