FKWL on Nasdaq

FRANKLIN WIRELESS CORP

FRANKLIN WIRELESS CORP is an American telephone and telegraph apparatus company, incorporated in Nevada.1 It is headquartered in San Diego, California.1 Its shares trade on Nasdaq under the symbol FKWL.1

Price unavailable

Last updated Oct 20, 2026.

Overview

$36.5MRevenue, fiscal 20262
-$4.7MNet income, fiscal 20262

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  • TickerFKWL on Nasdaq1
  • IndustryTelephone & Telegraph Apparatus1
  • HeadquartersSan Diego, California1
  • Incorporated inNV3
  • Business address3940 Ruffin Road, Suite C, San Diego, Ca 921233
  • Filer categoryNon-accelerated filer, Smaller reporting company3

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Common Stock, respectively, and, on January 16, 2025, Forge contributed $2,000,000 for Common Stock.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

17.1%Gross margin2
-7.3%Operating margin2
-13.0%Net margin2
-20.8%Revenue growth, 20262
-16.2%Return on equity2
-$6.3MFree cash flow2

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Regions

North America brought in 100% of the revenue FRANKLIN WIRELESS CORP broke down this way in fiscal 2026.

  1. North America$36.5M2100%down 21% from 2025
  2. Asia$36.4K20%up 544% from 2025
Regions by year
Regions20252026
North America$46.1M$36.5M
Asia$5.7K$36.4K

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue77¢$30.3M
  • Research and development8¢$3.2M
  • Selling, general and admin14¢$5.7M
  • Income tax0¢$138.7K

Out of $36.5M in revenue.2 The company lost money this year.

Financial statements

Revenue56789102$36.5M in 2026+0% since 2019
0$50.0M$100.0M$150.0M$200.0M2019: $36.5M$36.5M20192020: $75.1M$75.1M2020+106%2021: $184.1M$184.1M2021+145%2022: $24.0M$24.0M2022−87%2023: $45.9M$45.9M2023+91%2024: $30.8M$30.8M2024−33%2025: $46.1M$46.1M2025+50%2026: $36.5M$36.5M2026−21%
Gross profit56789102$6.3M in 2026+9% since 2019
0$10.0M$20.0M$30.0M$40.0M2019: $5.7M$5.7M20192020: $14.5M$14.5M2020+153%2021: $32.5M$32.5M2021+124%2022: $3.8M$3.8M2022−88%2023: $7.0M$7.0M2023+84%2024: $3.5M$3.5M2024−50%2025: $7.9M$7.9M2025+126%2026: $6.3M$6.3M2026−21%
Operating income56789102-$2.7M in 2026+27% since 2019
-$10.0M0$10.0M$20.0M$30.0M2019: -$2.1M-$2.1M20192020: $7.1M$7.1M20202021: $22.8M$22.8M2021+222%2022: -$5.0M-$5.0M20222023: -$2.3M-$2.3M2023−53%2024: -$5.9M-$5.9M2024+153%2025: -$2.9M-$2.9M2025−52%2026: -$2.7M-$2.7M2026−6%
Net income56789102-$4.7M in 2026+272% since 2019
-$10.0M0$10.0M$20.0M2019: -$1.3M-$1.3M20192020: $5.6M$5.6M20202021: $17.7M$17.7M2021+219%2022: -$3.8M-$3.8M20222023: -$2.9M-$2.9M2023−24%2024: -$4.0M-$4.0M2024+38%2025: -$243.1K-$243.1K2025−94%2026: -$4.7M-$4.7M2026+1851%

Every line of the income statement as filed: the last 2 fiscal years, latest first.2

Period ending2026-06-302025-06-30
Net sales$36.5M$46.1M
Cost of goods sold-$30.3M-$38.2M
Gross profit$6.3M$7.9M
Selling, general and administrative$5.7M$6.7M
Research and development$3.2M$4.1M
Total operating expenses$8.9M$10.8M
Loss from operations-$2.7M-$2.9M
Interest income$487.2K$695.1K
Gain from the forgiveness of accounts payable and accrued liabilities$412.8K$247.6K
Gain from the disposal of property and equipment and intangible assets$0$3.6K
Litigation settlement income$0$1.0M
Litigation contingency expense-$4.6M$0
(Loss) gain from foreign currency transactions-$1.1M$196.6K
Other income, net$445.5K$535.2K
Total other (expense) income, net-$4.4M$2.7M
Loss before benefit for income taxes-$7.1M-$185.6K
Income tax benefit-$138.7K-$45.2K
Less: non-controlling interests in net (loss) income of subsidiary at 33.7%-$2.1M$79.1K
Less: non-controlling interests in net (loss) income of subsidiary at 40.0%-$55.8K$23.6K
Net loss attributable to Parent Company-$4.7M-$243.1K
Loss per share attributable to Parent Company stockholders - basic-$0.40-$0.02
Loss per share attributable to Parent Company stockholders - diluted-$0.40-$0.02
Weighted average common shares outstanding - basic11.8M shares11.8M shares
Weighted average common shares outstanding - diluted11.8M shares11.8M shares
Net loss-$6.9M-$140.4K
Translation adjustments-$22.9K$54.2K
Comprehensive loss-$6.9M-$86.2K
Less: comprehensive (loss) income attributable to non-controlling interest-$2.2M$102.7K
Less: Foreign exchange translation attributable to non-controlling interest-$8.4K$18.2K
Comprehensive loss attributable to controlling interest-$4.8M-$207.1K

Compare FRANKLIN WIRELESS CORP with another company

Corporate structure

FRANKLIN WIRELESS CORP sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of FRANKLIN WIRELESS CORP

  • Paul Packer Filed SCHEDULE 13G/A on FRANKLIN WIRELESS CORP, latest May 14, 2025 (5 filings since Feb 14, 2022)
  • KENNEDY CAPITAL MANAGEMENT LLC Filed SC 13G/A on FRANKLIN WIRELESS CORP, latest Feb 14, 2022
  • Orin Hirschman Filed SC 13G/A on FRANKLIN WIRELESS CORP, latest Jan 7, 2022
  • FRANKLIN WIRELESS CORP San Diego, California

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What FRANKLIN WIRELESS CORP reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$59.8K2 Jun 30, 2026$72.9K2 Jun 30, 2025−17.9%
Operating-lease assets (leased space)$1.0M2 Jun 30, 2026$1.4M2 Jun 30, 2025−25.8%

Investments

ItemLatestA year beforeChange
Marketable securities, current$18.6M2 Jun 30, 2026$25.9M2 Jun 30, 2025−28.3%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$273.3K2 Jun 30, 2026$273.3K2 Jun 30, 20250%
Intangible assets, net (excluding goodwill)$928.4K2 Jun 30, 2026$1.0M2 Jun 30, 2025−8.5%
Finite-lived intangibles, gross$4.6M2 Jun 30, 2026$4.1M2 Jun 30, 2025+11.1%
Accumulated amortization$3.7M2 Jun 30, 2026$3.1M2 Jun 30, 2025+17.5%

Inventory

ItemLatestA year beforeChange
Inventory, total$5.3M2 Jun 30, 2026$2.4M2 Jun 30, 2025+124.6%

Properties, in its own words

Effective January 1, 2024, we leased approximately 11,400 square feet of office space in San Diego, California. The lease has an initial term of 65 months, expiring on May 31, 2029. The monthly rent for the first year was $27,789, subject to a fixed three percent annual increase every January 1, and the lease includes one month of rent abatement each year. In addition to the base monthly rent, the lease also requires payment for certain common area costs. We maintain appropriate insurance coverage and believe the facility is suitable and adequate for our present needs. Rent expense related to this property was $345,150 and $337,322 for the years ended June 30, 2026 and 2025, respectively.

Our Korea-based subsidiary, FTI, leases approximately 10,000 square feet of office space, at a monthly rent of approximately $6,400, and additional office space consisting of approximately 2,682 square feet at a monthly rent of approximately $2,100, both located in Seoul, South Korea. These leases expired on August 31, 2026, and were extended for an additional 24 months to August 31, 2028. In addition to monthly rent, the leases provide for periodic cost of living increases in the base rent and payment for certain common area costs. These facilities are covered by an appropriate level of insurance, and we believe them to be suitable for our use and adequate for our present needs. Rent expense related to these leases was $102,510 and $105,889 for the years ended June 30, 2026 and 2025, respectively.

The rest of Item 2

We leased one corporate vehicle on December 1, 2024, in San Diego, California, for our employees, under a non-cancelable lease that expires on November 30, 2027. Rent expense related to this lease was $5,947 and $3,469 for the years ended June 30, 2026 and 2025, respectively.

We leased another corporate vehicle on April 28, 2026, in San Diego, California, for our employee, under a non-cancelable lease that expires on July 28, 2029. Rent expense related to this lease was $1,885 and $0 for the years ended June 30, 2026 and 2025, respectively.

We used discount rates of 7.0% and 6.0% in determining our operating lease liabilities for the office spaces in San Diego, California, and South Korea, respectively, and used a discount rate of 7.0% and 3.9% in determining our lease liabilities for the vehicles in the order of lease inception date, respectively. These rates represented our incremental borrowing rates at that time. Short-term leases with initial terms of twelve months or less are not capitalized. The office leases of our Korea-based subsidiary were extensions of previous leases and do not contain any further extension provisions.

Item 2 of the 10-K filed Sep 28, 2026.4

Leadership

Who has led FRANKLIN WIRELESS CORP, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Oc Kim2009–2021

President

  1. Oc Kim2012–now

Chief financial officer

  1. Richard T. Walker2014

Chief operating officer

  1. Yun J. Lee2012–2022
2010201520202025
Board members and other officers (11)

Former names

  • FRANKLIN TELECOMMUNICATIONS CORPNov 13, 1997 to Mar 4, 20033

Timeline

  1. Jul 31, 20268-K Other events28
  2. Mar 26, 20268-K Executive or director change29
  3. Dec 23, 20258-K Shareholder vote30
  4. Nov 4, 20258-K Other events31
  5. May 13, 20258-K Entered a material agreement32
  6. Feb 20, 20258-K Executive or director change33
  7. Jan 3, 20258-K Executive or director change34
  8. Dec 6, 20248-K Shareholder vote35
  9. Oct 8, 20248-K Entered a material agreement36
  10. Jun 14, 20248-K Entered a material agreement37
  11. May 21, 20248-K Entered a material agreement38
  12. Dec 27, 20238-K Shareholder vote39
  13. Jul 1, 2009New chief executive Oc Kim becomes CEO14

Calendar

Coming up

  1. Nov 13, 2026Reports results for the quarter ending Sep/202640

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

69 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 20 major events, 10 insider forms, 7 large holders, 12 other. The latest 20:

  1. Oct 15, 2026DEF 14A DERFINITIVE PROXY STATEMENTS EDGAR
  2. Sep 28, 202610-K FORM 10-K FOR JUNE 2026 EDGAR
  3. Jul 31, 20268-K CURRENT REPORT EDGAR
  4. May 15, 202610-Q FORM 10-Q FOR MAR 2026 EDGAR
  5. May 12, 2026SD SPECIALIZED DISCLOSURE REPORT EDGAR
  6. Mar 26, 20268-K EDGAR
  7. Feb 17, 202610-Q FORM 10-Q FOR DEC 2025 EDGAR
  8. Dec 23, 20258-K EDGAR
  9. Nov 14, 202510-Q FORM 10-Q FOR SEP 2025 EDGAR
  10. Nov 12, 2025DEF 14A DEFINITIVE PROXY STATEMENT EDGAR
  11. Nov 4, 20258-K CURRENT REPORT EDGAR
  12. Sep 29, 202510-K FORM 10-K FOR JUNE 2025 EDGAR
  13. May 16, 20254 EDGAR
  14. May 15, 202510-Q FORM 10-Q FOR MAR 2025 EDGAR
  15. May 14, 2025SCHEDULE 13G/A EDGAR
  16. May 13, 20258-K EDGAR
  17. Apr 18, 2025SD SPECIALIZED DISCLOSURE REPORT EDGAR
  18. Feb 26, 20253 EDGAR
  19. Feb 20, 20258-K EDGAR
  20. Feb 14, 202510-Q FORM 10-Q FOR DEC 2024 EDGAR

The 69 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

1 open-market trades by officers, directors and large owners since October 2021: 0 buys and 1 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 15, 2025Kim OCPresidentSale200,000$3.73$746.0KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2026PresidentCEO and a Director$300.0K$800.0K44
2026Senior VicePresident of Sales$300.0K$304.0K44
2026Acting Chief Financial Officer (Principal Financial Officer)and Director of Logistics$170.0K$174.0K44
2026Chief Operating Officer and General Counsel$170.0K$174.0K44
2025OC Kim,61$300.0K$2.8M44
2025Yun J. (David) Lee,$300.0K$303.0K44
2025William Bauer,$158.1K$161.1K44
2025Reid Granados44$141.0K$144.0K44

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Susquehanna International Group, Llp434,667$1.1M0.0%+417,399
Vanguard Capital Management LLC405,854$1.0M0.0%+8,580
Osaic Holdings, Inc.151,398$384.6K0.0%+5,495
Geode Capital Management, LLC105,745$268.7K0.0%−5,186
Renaissance Technologies LLC96,601$245.4K0.0%−2,099
Smith, Moore & Co.96,400$244.9K0.0%No change
Vanguard Fiduciary Trust Co52,846$134.2K0.0%+381
Fortis Capital Management LLC48,500$123.2K0.0%+24,000
Dimensional Fund Advisors LP36,910$93.8K0.0%−8,643
BlackRock, Inc.34,141$86.7K0.0%+8,425
Northern Trust Corp19,981$50.8K0.0%+2,501
State Street Corp16,900$42.9K0.0%No change
Evergreen Capital Management LLC10,601$26.9K0.0%No change
Vanguard Global Advisers, LLC3,855$9.8K0.0%No change
Morgan Stanley300$7620.0%No change
Barclays PLC41$1040.0%New
Acadian Asset Management LLC21,323$530.0%No change
Hrt Financial LP12,558$310.0%New
Caitong International Asset Management Co., Ltd2$50.0%No change

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How FRANKLIN WIRELESS CORP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARFRANKLIN WIRELESS CORP1
  • CIK0000722572
  • Employer ID (EIN)95-37335344
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; a shell company4
  • Incorporated inNevada4
  • Fiscal year endsJune 301
  • Industry code (SIC)3661 Telephone & Telegraph Apparatus1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business address3940 Ruffin Road, Suite C, San Diego, CA 921231
  • Phone858-623-00001
  • Shares outstanding11,784,280 shares as of Sep 28, 20264
  • Public float$38.3M as of Dec 31, 20254
  • AuditorSimon & Edward, LLP, Rowland Heights, CA PCAOB ID 2485; it also attests to the company’s internal control over financial reporting4
  • On EDGAR sinceApr 9, 19971
  • Filings408 in all: 10-Q (69), 4 (57), 8-K (57), SC 13G/A (24), 10-K (21), DEF 14A (17), UPLOAD (17), CORRESP (14)1
    All 44 form types

    SD (12), 3 (10), 10QSB (9), 10-Q/A (7), S-3/A (7), S-8 (7), 10-K/A (6), SC 13G (6), 8-K/A (5), NT 10-K (5), S-1/A (5), S-3 (5), 4/A (4), NT 10-Q (4), SC 13D/A (4), 10KSB (3), DEFR14A (3), PRE 14A (3), SC 13D (3), 10-K405 (2), 10QSB/A (2), 8-A12B (2), DEL AM (2), PRE 14C (2), S-1 (2), SCHEDULE 13G/A (2), 10KSB/A (1), 5 (1), 8-A12G (1), CERT (1), DEF 14C (1), DEFA14A (1), NTN 10K (1), POS AM (1), PRER14A (1), PRER14C (1)

  • Latest filingsAnnual report (10-K) Sep 28, 2026
    Quarterly report (10-Q) May 15, 2026
    Proxy statement (DEF 14A) Oct 15, 2026
    Latest 8-K (8-K) Jul 31, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, par value $.001 per shareFKWLNasdaq

From the cover page of the 10-K filed Sep 28, 2026 (Section 12(b) of the Exchange Act).4

Risk factors and legal proceedings

Legal proceedings

Refer to NOTE 6 - COMMITMENTS AND CONTINGENCIES in the Consolidated Financial Statements.

The opening of Item 3, Legal Proceedings.4

Sources

The numbers on this page point here. Each one links to the record it came from.

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