15 years of revenue, profit, cash flow and balance-sheet history through FY2026,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has declined 27.6% per year over the past 5 years.
Operating margin has contracted, at -7.3% in the latest year.
Financial health
The company is unprofitable; at its current free-cash-flow burn it has roughly 2.1 years of cash runway.
Shareholder returns
Dividends have been paid for 1 consecutive year.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2026
$37M
-$5M
17.1%
-7.3%
-16.2%
-10.2%
-$6M
—
$13M
2025
$46M
-$243101
17.2%
-6.2%
-0.7%
-0.5%
$2M
—
$15M
2024
$31M
-$4M
11.4%
-19.3%
-11.3%
-8.5%
-$828385
—
$12M
2023
$46M
-$3M
15.3%
-5.1%
-7.4%
-5.0%
-$2M
—
$12M
2022
$24M
-$4M
15.9%
-20.7%
-9.2%
-7.2%
-$7M
—
$26M
2021
$184M
$18M
17.6%
12.4%
39.6%
30.6%
$12M
—
$46M
2020
$75M
$6M
19.3%
9.4%
27.3%
8.5%
$22M
—
$28M
2019
$36M
-$1M
15.7%
-5.8%
-8.6%
-6.0%
$674322
—
—
2018
$30M
-$2M
17.3%
-9.0%
-13.0%
-8.3%
-$2M
—
—
2017
$49M
$873960
19.0%
1.8%
4.8%
2.7%
$1M
—
—
2016
—
$2M
—
—
9.4%
5.1%
$3M
—
—
2015
—
$760008
—
—
4.8%
3.1%
—
—
—
2014
—
-$972036
—
—
-6.3%
-4.4%
—
—
—
2013
—
$174658
—
—
1.1%
0.8%
$4M
—
—
2012
—
-$128974
—
—
-0.7%
-0.4%
-$391831
—
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$8M
-$4M
9.0%
-21.5%
-14.9%
-9.4%
-$755419
—
$13M
Mar '26
$3M
-$2M
16.1%
-43.9%
-4.7%
-3.1%
$11266
—
$9M
Dec '25
$12M
$533622
17.1%
0.4%
1.5%
1.0%
-$4M
—
$9M
Sep '25
$13M
$640478
22.8%
4.6%
1.8%
1.2%
-$1M
—
$13M
Jun '25
$7M
-$342242
18.0%
-19.0%
-1.0%
-0.7%
$2M
—
$15M
Mar '25
$8M
-$644786
16.9%
-24.6%
-1.8%
-1.3%
-$6M
—
$13M
Dec '24
$18M
$228740
18.2%
4.5%
0.6%
0.4%
$3M
—
$20M
Sep '24
$13M
$515187
15.5%
-2.8%
1.4%
1.0%
$3M
—
$15M
Jun '24
$6M
-$2M
10.5%
-36.7%
-5.0%
-3.8%
$6M
—
$12M
Mar '24
$6M
-$1M
8.4%
-25.2%
-3.2%
-2.4%
-$816037
—
$7M
Dec '23
$9M
-$764615
9.5%
-17.6%
-2.0%
-1.5%
-$983752
—
$5M
Sep '23
$10M
-$257696
15.7%
-6.1%
-0.7%
-0.5%
-$5M
—
$7M
Jun '23
$17M
-$2M
14.3%
0.6%
-4.1%
-2.8%
$5M
—
$12M
Mar '23
$12M
$247629
17.3%
-4.0%
0.6%
0.5%
$144262
—
$18M
Dec '22
$9M
-$378324
10.5%
-15.2%
-0.9%
-0.7%
-$6M
—
$18M
Sep '22
$8M
-$1M
19.7%
-7.6%
-2.8%
-2.2%
-$1M
—
$26M
Jun '22
$12M
-$702828
13.2%
-4.3%
-1.7%
-1.4%
-$113468
—
$26M
Mar '22
$7M
-$770818
20.3%
-16.2%
-1.8%
-1.3%
$1M
—
$36M
Dec '21
$2M
-$1M
20.0%
-97.1%
-2.8%
-2.4%
-$2M
—
$37M
Sep '21
$3M
-$1M
14.7%
-48.0%
-2.5%
-2.2%
-$6M
—
$39M
Valuation over time
How the market has priced FKWL against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has fallen from 2.4× (Mar '23) to 0.7× (Nov '26).
The dividend yield has risen from 1.6% (Jun '26) to 1.8% (Nov '26).
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is FKWL growing its revenue and profit?
Over the past 5 years, FRANKLIN WIRELESS CORP's revenue has declined 27.6% per year. These are computed facts, not advice.
How much debt does FKWL have?
As of FY2026, FRANKLIN WIRELESS CORP reported — of total debt against $13M of cash.
What is FKWL's profit margin?
In FY2026, gross margin was 17.1%, operating margin -7.3%, and net margin -13.0%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.