Quarterly ResultMay 12, 2026, 06:12 AM
Optex Systems Q2 Revenue $9.6M, Net Income $1.3M; FY26 Outlook Positive
AI Summary
Optex Systems Holdings Inc. announced its fiscal Q2 2026 financial results, reporting a revenue of $9.6 million, a 10.3% decrease year-over-year, and net income of $1.3 million, or $0.19 per diluted share, a 24.2% decrease. Despite lower revenue, the company improved its gross margin to 35.2% from 31.3% due to operational efficiencies. The company anticipates stronger revenue in the second half of fiscal 2026, projecting full-year revenue between $43 million and $45 million, an increase from $41.3 million in fiscal 2025.
Key Highlights
- Q2 2026 revenue was $9.6 million, a 10.3% decrease from $10.7 million in the prior year.
- Six-month revenue totaled $18.8 million, a slight 0.8% decrease compared to the prior year.
- Q2 2026 gross margin improved to 35.2% from 31.3% in the prior year.
- Q2 2026 net income was $1.3 million, or $0.19 per diluted share, down 24.2% YoY.
- Q2 2026 Adjusted EBITDA was $2.0 million, compared to $2.4 million in the prior year.
- New orders for the first six months increased 3.8% year-over-year to $16.3 million.
- Working capital increased to $22.6 million, and cash balance was $4.2 million with no debt.
- Full-year 2026 revenue is anticipated to range between $43 million and $45 million.
Price Impact
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