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Optex Systems Holdings, Inc

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
$110.86M
P/E (TTM)
21.3
110.1
Dividend Yield
--
52W High
$17.76
52W Low
$5.36
52W Range
86%
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

Q4 2025 Data

Revenue

$11.30M+19.66%
4-Quarter Trend

EPS

$0.15+0.00%
4-Quarter Trend

FCF

$1.52M+179.27%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Revenue Jumps 21.6% Total external revenues reached $41.34M in FY2025, marking a strong $7.3M increase over the prior year period.
Operating Income Significantly Rises Consolidated operating income grew $2.3M to $7.13M for FY2025, driven by higher revenues and improved gross margins.
Cash Flow From Operations Surges Net cash provided by operating activities was $6.93M in FY2025, a substantial increase from $1.78M reported in FY2024.
Net Income Reaches $5.15M Net income applicable to common shareholders was $5.15M in FY2025, resulting in basic EPS of $0.75, up from $0.56.

Risk Factors

Government Budget Uncertainty Operations depend heavily on federal contracts; budget delays or shutdowns could materially impact future revenue recognition and cash flows.
Specialized Supply Chain Dependence 83% of material requirements are single-sourced; disruptions to specialized suppliers risk production delays and cost overruns.
Backlog Decreases 11.5% Total backlog fell to $39.1M as of September 28, 2025, down from $44.2M, primarily due to lower periscope demand.
Key Personnel Transition Risk CEO Danny Schoening resigned; reliance on key personnel without extensive employment agreements poses operational continuity risk.

Outlook

New CEO Leadership Transition Chad George appointed CEO effective December 20, 2025, securing a new employment agreement through December 31, 2028.
Focus on Commercial Expansion Pursuing growth in non-traditional markets including Optex Outdoors and commercial applications for thin film coatings technology.
Planned Capital Investment Company plans $2.4M capital investment over next twelve months to expand capacity and develop new capabilities for AOC.
Monitoring Fixed Price Contracts Monitoring eight customer awards totaling $1.1M in backlog pending termination negotiation; accrued loss provisions stand at $132K.

Peer Comparison

Revenue (TTM)

Flux Power Holdings, Inc.FLUX
$63.48M
+2.1%
Reitar Logtech Holdings LimitedRITR
$60.97M
+26.1%
Espey Mfg. & Electronics Corp.ESP
$42.60M
+4.9%

Gross Margin (Latest Quarter)

Coda Octopus Group, Inc.CODA
68.3%
-5.6pp
Senstar Technologies CorporationSNT
67.3%
-0.7pp
Espey Mfg. & Electronics Corp.ESP
35.4%
+8.6pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
ESP$160.26M17.018.1%0.0%
CODA$119.80M34.98.5%0.0%
OPXS$110.86M21.323.2%6.2%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
11.3%
Steady Growth
4Q Net Income CAGR
6.7%
Profitability Improving
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Feb 9, 2026
|
EPS:-
|
Revenue:-
Reports
All Years
  • Form 10-K - FY 2025

    Period End: Sep 28, 2025|Filed: Dec 17, 2025|
    Revenue: $41.34M+21.6%
    |
    EPS: $0.75+33.9%
    N/A
  • Form 10-Q - Q3 2025

    Period End: Jun 29, 2025|Filed: Aug 12, 2025|
    Revenue: $11.11M+22.6%
    |
    EPS: $0.22+15.8%
    N/A
  • Form 10-Q - Q2 2025

    Period End: Mar 30, 2025|Filed: May 13, 2025|
    Revenue: $10.73M+25.9%
    |
    EPS: $0.26+62.5%
    N/A
  • Form 10-Q - Q1 2025

    Period End: Dec 29, 2024|Filed: Feb 10, 2025|
    Revenue: $8.20M+17.7%
    |
    EPS: $0.12+85.8%
    N/A
  • Form 10-K - FY 2024

    Period End: Sep 29, 2024|Filed: Dec 19, 2024|
    Revenue: $34.00M+32.5%
    |
    EPS: $0.56+64.7%
    Miss
  • Form 10-Q - Q3 2024

    Period End: Jun 30, 2024|Filed: Aug 13, 2024|
    Revenue: $9.06M+26.3%
    |
    EPS: $0.19+119.1%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Mar 31, 2024|Filed: May 14, 2024|
    Revenue: $8.52M+33.8%
    |
    EPS: $0.16+121.9%
    N/A
  • Form 10-Q - Q1 2024

    Period End: Dec 31, 2023|Filed: Feb 12, 2024|
    Revenue: $6.97M+72.5%
    |
    EPS: $0.06-289.4%
    N/A