---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-006129"
form_type: "8-K"
ticker: "OPXS"
cik: "0001397016"
company_name: "Optex Systems Holdings Inc"
filed_at: "2026-02-11T23:59:59+00:00"
generated_at: "2026-05-16T03:15:16.230950+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Optex Systems Q1 revenue up 11.6% but net income falls 71%; new $10M buyback authorized

## Summary
- Revenue $9.1M (+11.6% YoY); net income $0.2M vs $0.8M; diluted EPS $0.03 vs $0.12.
- Gross margin 22.9% vs 26.0% due to loss reserve on gold usage in Abrams coating contract.
- Operating income $0.1M vs $0.9M; $0.3M non-recurring G&A costs from CEO transition and senior retirements.
- New orders $7.9M (+31.7%); $2.2M laser filter order from prime contractor received post-quarter.
- Board approved new $10M stock repurchase program; prior program terminated.

## SEC filing metadata
- accession: 0001493152-26-006129
- form_type: 8-K
- ticker: OPXS
- cik: 0001397016
- company_name: Optex Systems Holdings Inc
- filed_at: 2026-02-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1397016/000149315226006129/0001493152-26-006129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1397016/000149315226006129/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-006129
- JSON: https://secwatch.observer/filing/0001493152-26-006129.json
- Plain text: https://secwatch.observer/filing/0001493152-26-006129.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.