Franklin Wireless FY26 net loss widens to $6.94 million; net sales drop 20.8% to $36.51 million

• Franklin Wireless posted fiscal 2026 net sales of USD 36.51 million, down 20.8%.
• Operating loss widened to 7.4% of net sales from 6.2% a year earlier.
• Net loss expanded to 19.0% of net sales from 0.3%, while other income turned to a 12.0% expense from 5.8% income.
• Other income included a USD 4.62 million litigation contingency loss tied to a partially adverse ruling against South Korea unit FTI.
• Cash, cash equivalents and short-term investments totaled USD 31.95 million at June 30, 2026, and strategy shifted toward fixed wireless routers and telecom modules.

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