secwatch.observer — SEC 8-K summary
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Issuer:     Optex Systems Holdings Inc (OPXS)
CIK:        0001397016
Form:       8-K
Filed at:   2026-05-12T10:02:29+00:00
Accession:  0001493152-26-022360
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Optex Systems Q2 revenue down 10.3% YoY; guides FY2026 revenue $43-45M
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- Q2 revenue $9.6M vs $10.7M YoY; net income $1.3M ($0.19 diluted EPS) vs $1.6M ($0.23).
- Gross margin improved to 35.2% from 31.3% YoY on completion of loss contracts and operational efficiencies.
- New orders in H1 rose 3.8% to $16.3M; working capital $22.6M; cash $4.2M, no revolver debt.
- FY2026 revenue guidance $43-45M (FY2025: $41.3M); adjusted EBITDA guided $7.5-8.5M (FY2025: $8.0M).
- Federal government shutdown delayed contract awards, impacting H1 revenue; expects stronger H2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1397016/000149315226022360/0001493152-26-022360-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1397016/000149315226022360/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-022360

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