Optical Cable Corp. Q3 Net Sales Rise 22% to $24.3 Million; Net Income $1.9 Million
Optical Cable Corporation reported third quarter fiscal 2026 results for the period ended July 31, 2026, with net sales up 22.0% to $24.3 million and net income of $1.9 million, or $0.21 per share, versus $302,000 a year earlier. Gross profit rose 43.9% to $9.1 million, and the company reported a sales order backlog of $13.5 million. The filing contains no guidance; management declined to give forward guidance on sales or margins during the earnings call.
Key points
- Q3 net sales $24.3 million, up 22.0% from $19.9 million; gross margin 37.4% vs. 31.7%
- Q3 net income $1.9 million, or $0.21 per share, vs. $302,000, or $0.04 per share, a year earlier
- Nine-month net income $2.5 million, or $0.28 per share, vs. a net loss of $1.5 million, or $0.19 per share, in the prior-year period
- Sales order backlog $13.5 million at July 31, 2026, up from $13.3 million at April 30, 2026
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 11, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.