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Syntec Optics Holdings (OPTX) earnings and revenue breakdown

Latest: Q2 2026 · 10-Q filed Aug 10, 2026 · Syntec Optics Holdings (OPTX) Q2 2026 earnings results →

Q2 2026 Revenue up 26% year over year to $8.3M · 3¢ of every $1 of revenue kept as net profit · operating margin 3.9%

Syntec Optics Holdings made $8.3M in Q2 2026 (+26% Y/Y): Products $8.2M, Custom Tooling $64K, Non Recurring Engineering $52K. Operating margin 3.9%, net earnings $256K. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 10, 2026.

Revenue$8.3M
Year over year+26%
Operating margin3.9%
Net earnings$256K
Operating cash flow−$299K

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $8.3M in Q2 2026, up 26% year over year and up 27% from the previous quarter. Products was the largest line at 99% of revenue. Products added $1.8M year over year (up 29%), 106% of the total change. Non Recurring Engineering declined 58%.

Gross margin was 25.9%, up 1.5 points from Q2 2025. Operating profit was $321K, a 3.9% margin (up 6.1 points year over year). Operating expenses grew 4% against revenue growth of 26%. Net earnings were $256K. The effective tax rate was 0.0%.

Operating cash flow was −$299K. Non-cash charges added back $532K of depreciation and $75K of share-based compensation. Working capital and other items used $1.2M. Capital expenditures of $776K exceeded it, leaving free cash flow of −$1.1M.

Quarterly history

Syntec Optics Holdings revenue by quarterSyntec Optics Holdings revenue by quarter$7.3MQ4 2024$7.1MQ1 2025$6.6MQ2 2025$7.0MQ3 2025$7.5MQ4 2025$6.5MQ1 2026$8.3MQ2 2026
Syntec Optics Holdings net earnings by quarterSyntec Optics Holdings net earnings by quarter−$1.5MQ4 2024$324KQ1 2025−$344KQ2 2025−$1.4MQ3 2025−$344KQ4 2025−$898KQ1 2026$256KQ2 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 202610-QAug 10, 2026$8.3M+26%3.9%$256K−$299K
Q1 202610-QMay 15, 2026$6.5M-8%-11.9%−$898K$470K
Q4 202510-KMar 31, 2026$7.5M+2%4.2%−$344K−$4K
Q3 202510-QNov 14, 2025$7.0M-12%-17.5%−$1.4M$535K
Q2 202510-QOct 6, 2025$6.6M-6%-2.2%−$344K−$158K
Q1 202510-QOct 6, 2025$7.1M+13%7.5%$324K$299K
Q4 202410-KOct 6, 2025$7.3M-11%-19.6%−$1.5M$624K

Charts

Syntec Optics Holdings: revenue growth, year over year and quarter over quarterSyntec Optics Holdings: revenue growth, year over year and quarter over quarterY/YQ/Q-11%Q4 2024+13%-3%Q1 2025-6%-7%Q2 2025-12%+6%Q3 2025+2%+8%Q4 2025-8%-13%Q1 2026+26%+27%Q2 2026
Latest (Q2 2026): Y/Y +26%, Q/Q +27%.
Syntec Optics Holdings: where the cash came from (+) and went (−), TTM to Q2 2026Syntec Optics Holdings: where the cash came from (+) and went (−), TTM to Q2 2026Other financing$22.9MCash drawn (+) / kept (−)−$13.8MNet borrowing (+) / repaid (−)−$8.7MCapital spending−$1.1MOperating cash flow$702K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Syntec Optics Holdings: profit against cash, quarter by quarterSyntec Optics Holdings: profit against cash, quarter by quarterNet incomeOperating cash flow−$13K$417KQ3 2024−$1.5M$624KQ4 2024$324K$299KQ1 2025−$344K−$158KQ2 2025−$1.4M$535KQ3 2025−$344K−$4KQ4 2025−$898K$470KQ1 2026$256K−$299KQ2 2026
Latest (Q2 2026): Net income $256K, Operating cash flow −$299K.
Syntec Optics Holdings: diluted shares by fiscal yearSyntec Optics Holdings: diluted shares by fiscal year32MFY202232MFY202337MFY202437MFY2025
+16.8% since FY2022: more shares outstanding (issuance, stock pay).
Syntec Optics Holdings: long-term debt falling due (FY2025)Syntec Optics Holdings: long-term debt falling due (FY2025)$536K2026$535K2027$490K2028$105K2029$110K2030$909KLater
Cash $359K, short-term investments —, long-term debt $2.6M at 2025-12-31.
Syntec Optics Holdings in its industry: growth against margin (5 companies, SIC 3827)Syntec Optics Holdings in its industry: growth against margin (5 companies, SIC 3827)revenue growth, year over year →↑ operating marginmedian +26%median 14%KLACCOHROPXSMSAIOPTX (+26%, 4%)
Optical Instruments & Lenses; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Syntec Optics Holdings

All references in this report to “Syntec Optics,” “Syntec”, the “Company,” “we,” “us,” or “our” mean Syntec Optics Holdings, Inc. and its subsidiaries unless stated otherwise or the context otherwise indicates. Syntec Optics believes that photon enabled technologies are more than just a trend. Syntec Optics goal is to deliver impactful solutions for optics and photonics enabled solutions globally. We believe that the innovative design for manufacturing of our optics and photonics enabling products is ideally suited for the demands of modern original equipment manufacturers (“OEMs”) who rely on opto-electronics, light enabled devices, and intelligence that require high-precision and reliability.

In its own words, from its 10-K, filed Mar 31, 2026.

Syntec Optics Holdings against its Optical Instruments & Lenses peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +26% against the peers' median +26%. Operating margin: 3.9% against the peers' median 14.3%.

CompanyQuarterRevenueY/YOp. margin
OPTX Syntec Optics HoldingsQ2 2026$8.3M+26%3.9%
KLAC KLAQ1 FY27$4.1B+29%44.1%
COHR CoherentQ1 FY27$2.4B+50%15.1%
OPXS Optex Systems HoldingsQ3 FY26$9.7M-12%14.3%
MSAI MultiSensor AI HoldingsQ2 2026$1.7M+20%-153.5%

Source: Syntec Optics Holdings 10-Q on SEC EDGAR · CIK 1866816 · Optical Instruments & Lenses

13F: who owns OPTX and who is buying

Largest holders of OPTX (13F)Largest holders of OPTX (13F)Tidal Investments LLC$7.6MBlackRock$5.3MTema ETFS LLC$4.6MGeode Capital Management, LLC$2.6MVanguard Capital Management LLC$1.3MRoyal Bank of Canada$1.1MState Street$1.1MVanguard Portfolio Management LLC$955KDnB Asset Management AS$865KNorthern Trust$744K
Funds' net buying of OPTX by quarter (13F)Funds' net buying of OPTX by quarter (13F)$02024-09−$123K2024-12$84K2025-03−$4K2025-06$116K2025-09$713K2025-12$5.6M2026-03$19.2M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on OPTX

History

Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results

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