Quarterly ResultJun 10, 2026, 04:23 PM
Optical Cable Corp. Q2 Net Sales Up 26.6% to $22.2M; Net Income Returns
AI Summary
Optical Cable Corporation announced strong financial results for its second quarter of fiscal year 2026, with net sales increasing 26.6% year-over-year to $22.2 million and gross profit rising 42.4% to $7.6 million. The company reported a net income of $1.1 million, a significant turnaround from a net loss in the same period last year. Key drivers included strong demand in enterprise, data center, and severe duty markets, alongside improved manufacturing operating leverage. The sales order backlog also saw substantial growth, indicating positive future demand.
Key Highlights
- Optical Cable Corporation reported Q2 FY2026 net sales of $22.2 million, a 26.6% increase year-over-year.
- Gross profit for Q2 FY2026 increased 42.4% to $7.6 million, with gross profit margin rising to 34.2% from 30.4% in the prior year.
- The company achieved net income of $1.1 million, or $0.12 per share, in Q2 FY2026, compared to a net loss of $698,000, or $0.09 per share, in Q2 FY2025.
- Sales order backlog and forward load increased to $13.3 million at the end of Q2 FY2026, up over 82% from October 31, 2025.
- For the first half of FY2026, net sales were $38.6 million, up 16.1% year-over-year, with net income of $657,000.
- SG&A expenses as a percentage of net sales decreased to 28.2% in Q2 FY2026 from 32.7% in the prior year period.
- Net sales to customers outside the United States increased 45.3% in Q2 FY2026 compared to the same period last year.
Price Impact
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