earnings
confidence high
sentiment neutral
materiality 0.65
Optex Q3 revenue down 12.4% to $9.7M; gross margin up to 34.2%; FY26 guidance reaffirmed
Optex Systems Holdings Inc
- Q3 revenue $9.7M vs $11.1M prior year (-12.4%); ~$1.5M periscope deliveries slipped into Q4.
- Q3 net income $1.3M, EPS $0.18 vs $0.22 prior year; gross margin improved to 34.2% from 28.5%.
- Nine-month revenue $28.5M (-5.1%); new orders fell 19.1% to $19.5M; operating income down 36.7%.
- FY26 revenue guidance maintained at $43-45M; Adjusted EBITDA guidance held at $7.5-8.5M.
- Cash $6.2M with no revolver debt; expects ~$4M laser filter orders in next 3-6 months.