Optex Systems Q3 revenue falls 12.4% to $9.7 million; gross margin rises to 34.2%
Optex Systems reported fiscal third-quarter 2026 revenue of $9.7 million, down 12.4% from $11.1 million a year earlier, and net income of $1.3 million, or $0.18 per diluted share, versus $1.5 million, or $0.22, a year earlier. The company said about $1.5 million of periscope deliveries slipped into the fourth quarter, and it reiterated its full-year fiscal 2026 revenue guidance of $43 million to $45 million and Adjusted EBITDA guidance of $7.5 million to $8.5 million.
Key points
- Q3 revenue was $9.7 million versus $11.1 million; nine-month revenue was $28.5 million versus $30.0 million.
- Gross margin rose to 34.2% from 28.5%, while quarterly net income fell to $1.3 million from $1.5 million.
- Full-year fiscal 2026 revenue guidance of $43 million to $45 million was reiterated, not changed.
- Cash was $6.2 million with no outstanding debt under the revolving credit facility as of June 28, 2026.
The filing
Written by AI on Nov 9, 2026, 10:08 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 August 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.