Quarterly ResultMay 13, 2026, 04:32 PM
Precision Optics Q3 Revenue $8.7M, +108%; Raises FY26 Guidance
AI Summary
Precision Optics Corporation reported record third-quarter fiscal year 2026 results, with revenue reaching $8.7 million, a 108% increase year-over-year. The company achieved positive Adjusted EBITDA of $0.3 million and significantly improved gross margins to 23.6%. Driven by strong production programs and manufacturing efficiency, Precision Optics also raised its fiscal year 2026 revenue guidance to $29-$31 million and Adjusted EBITDA guidance to $(2.5)-$(2.7) million.
Key Highlights
- Q3 2026 revenue was a record $8.7 million, up 108% year-over-year.
- Production revenue reached a record $7.6 million, increasing 131% year-over-year.
- Gross margins improved significantly to 23.6% from 10.0% in the prior year.
- Net loss reduced to $(0.1) million from $(2.1) million in the same quarter last year.
- Adjusted EBITDA turned positive at $0.3 million, compared to $(1.3) million year-over-year.
- Received a $3.5 million follow-on production order for a single-use ophthalmic program.
- Increased FY 2026 revenue guidance to $29-$31 million, representing 52%-62% growth.
- Increased FY 2026 Adjusted EBITDA guidance to $(2.5)-$(2.7) million.
Price Impact
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