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Optex Systems Holdings, Inc

NASDAQ•OPXS
CEO: Mr. Danny R. Schoening
Sector: Industrials
Industry: Aerospace & Defense
Listing Date: 2010-05-03
Optex Systems Holdings, Inc manufactures and sells optical sighting systems and assemblies primarily for the U.S. department of defense, foreign military applications, and commercial markets in the United States. It offers periscopes, such as laser and non-laser protected plastic and glass periscopes, electronic M17 day/thermal periscopes, and vision blocks; sighting systems, including back up sights, digital day and night sighting systems, M36 thermal periscope, unity mirrors, optical weapon system support and maintenance, commander weapon station sights, and sight assembly refurbishments; howitzers comprising M137 telescope, M187 mount, M119 aiming device, XM10 and aiming circles; and applied optics center consisting of laser interference filter, optical assemblies, laser filter units, day windows, and specialty thin film coatings, as well as other products, such as muzzle reference systems, binoculars, collimators, optical lenses and elements, and windows. The company also provides various periscope configurations, rifle and surveillance sights, and night vision optical assemblies. Its products are installed on various types of U.S. military land vehicles, such as the Abrams, Bradley, and Stryker families of fighting vehicles, as well as light armored and armored security vehicles. The company offers its products directly to the federal government, prime contractors, and foreign governments. Optex Systems Holdings, Inc was founded in 1987 and is headquartered in Richardson, Texas. Optex Systems Holdings, Inc is a subsidiary of Sileas Corporation.
Contact Information
1420 Presidential Drive, Richardson, TX, 75081-2439, United States
972-764-5700
www.optexsys.com
Market Cap
$96.91M
P/E (TTM)
21.2
139.1
Dividend Yield
--
52W High
$17.76
52W Low
$5.36
52W Range
69%
Rank30Top 19.5%
5.1
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.1 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q1 2026 Data

Revenue

$9.15M+0.00%
4-Quarter Trend

EPS

$0.04+0.00%
4-Quarter Trend

FCF

-$548.00M+0.00%
4-Quarter Trend

2026 Q1 Earnings Highlights

Key Highlights

Total Revenue Increased Total revenue reached $9.15M for the quarter, showing 11.6% growth over prior period results.
Richardson Segment Strong Growth Optex Richardson segment revenue grew strongly to $5.33M, increasing 55.9% driven by periscope demand.
New Orders Booked Up New customer orders booked totaled $7.9M, marking a 31.7% increase compared to prior year orders.
Cash Position Maintained Cash and equivalents totaled $5.84M at period end, maintaining liquidity despite operating cash use.

Risk Factors

Net Income Significantly Declined Net Income dropped sharply to $242K from $844K due to lower gross margins and higher G&A costs.
Applied Optics Revenue Fell Applied Optics Center revenue decreased 20.1% due to lower customer demand for laser filters and assemblies.
Total Backlog Contracted Total contract backlog contracted 9.8% to $37.9M, primarily driven by lower customer demand for periscopes.
Loss Reserves Increased Contract loss reserves rose to $185K due to inflationary pressures impacting older, fixed-price periscope contracts.

Outlook

Anticipating New Laser Filter Awards Anticipating increased laser filter awards following funding approval; new $2.2M AOC order booked in February 2026.
New Share Repurchase Approved Approved new $10.0M stock repurchase program; plans utilize cash for capital equipment and potential acquisitions.
Management Transition Costs Ending Expect G&A cost increases related to CEO transition and double-staffing not to recur beyond Q1 fiscal year 2026.
Liquidity Supports Near-Term Growth Plans to utilize current cash and credit line for capital equipment and R&D supporting anticipated higher revenue.

Peer Comparison

Revenue (TTM)

EML stock ticker logoEML
$248.97M
-9.5%
ULBI stock ticker logoULBI
$191.16M
+16.2%
RITR stock ticker logoRITR
$60.97M
+26.1%

Gross Margin (Latest Quarter)

HQI stock ticker logoHQI
100.0%
+0.0pp
CODA stock ticker logoCODA
67.6%
-5.6pp
SNT stock ticker logoSNT
67.3%
-0.7pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
ESP$166.61M16.119.1%0.0%
CODA$164.78M39.87.4%0.6%
HQI$147.20M21.010.5%2.3%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-5.2%
Growth Under Pressure
4Q Net Income CAGR
-48.5%
Declining Profitability
Cash Flow Stability
75%
Volatile Cash Flow

Deep Research

Next earnings:May 11, 2026
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