Franklin Wireless Corp.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $36.5M | $46.1M | $30.8M | $45.9M | $24.0M | $184.1M | $75.1M | $36.5M |
| Cost of Revenue | $30.3M | $38.2M | $27.3M | $38.9M | $20.2M | $151.7M | $60.5M | $30.7M |
| Gross Profit | $6.3M | $7.9M | $3.5M | $7.0M | $3.8M | $32.5M | $14.5M | $5.7M |
| Gross Margin | 17.1% | 17.2% | 11.4% | 15.3% | 15.9% | 17.6% | 19.3% | 15.7% |
| Operating Expenses | ||||||||
| Research & Development | $3.2M | $4.1M | $3.4M | $3.9M | $4.3M | $4.6M | $3.7M | $3.0M |
| SG&A Expense | $5.7M | $6.7M | $6.0M | $5.5M | $4.5M | $5.1M | $3.7M | $4.9M |
| Operating Income | $-2.7M | $-2.9M | $-5.9M | $-2.3M | $-5.0M | $22.8M | $7.1M | $-2.1M |
| Operating Margin | -7.3% | -6.2% | -19.3% | -5.1% | -20.7% | 12.4% | 9.4% | -5.8% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-7.1M | $-185.6K | $-5.1M | $-3.8M | $-4.7M | $23.4M | $7.3M | $-1.9M |
| Income Tax Expense | $-138.7K | $-45.2K | $-949.3K | $-886.7K | $-1.0M | $5.0M | $1.4M | $-428.7K |
| Net Income | $-4.7M | $-243.1K | $-4.0M | $-2.9M | $-3.8M | $17.7M | $5.6M | $-1.3M |
| Net Margin | -13.0% | -0.5% | -12.9% | -6.2% | -15.7% | 9.6% | 7.4% | -3.5% |
| EPS (Basic) | $-0.40 | $-0.02 | $-0.34 | $-0.24 | $-0.32 | $1.56 | $0.52 | $-0.12 |
| EPS (Diluted) | $-0.40 | $-0.02 | $-0.34 | $-0.24 | $-0.32 | $1.53 | $0.52 | $-0.12 |
| Shares Outstanding (Basic) | 11.8M | 11.8M | 11.8M | 11.7M | 11.6M | 11.4M | 10.6M | 10.6M |
| Shares Outstanding (Diluted) | 11.8M | 11.8M | 11.8M | 11.7M | 11.6M | 11.6M | 10.7M | 10.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |