Filing Flows › Optex Systems Holdings (OPXS) › Q2 FY25
Optex Systems Holdings (OPXS) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed May 13, 2025
Optex Systems Holdings (OPXS) reported revenue of $10.7M for the second quarter fiscal 2025 (Q2 FY25), +26% from a year earlier and +31% from the quarter before. Operating margin was 20.8%, net earnings $1.8M (16.5% of revenue).
Optex Systems Holdings, Q2 FY25: revenue $10.7M (+26% year over year), operating margin 20.8%, net earnings $1.8M, operating cash flow $1.2M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $10.7M | +31% | +26% |
| Gross profit | $3.4M | +58% | +31% |
| Operating profit | $2.2M | +144% | +65% |
| Net earnings | $1.8M | +109% | +66% |
| Operating cash flow | $1.2M | -58% | — |
| Free cash flow | $1.1M | -58% | — |
What changed
Revenue was $10.7M in Q2 FY25, up 26% year over year and up 31% from the previous quarter.
Gross margin was 31.3%, up 1.3 points from a year earlier. Operating profit was $2.2M, a 20.8% margin (up 4.9 points year over year). Of the extra revenue versus a year earlier, 40% reached operating profit, above the 16% margin then. Operating expenses fell 6% while revenue rose 26%. Net earnings were $1.8M, up 66% year over year. The effective tax rate was 21.0%.
Operating cash flow was $1.2M, 67% of net earnings. Non-cash charges added back $126K of depreciation and amortization and $72K of share-based compensation. Working capital and other items used $782K. Capital expenditures of $134K left free cash flow of $1.1M.
Questions
What was Optex Systems Holdings' revenue in the second quarter fiscal 2025?
Optex Systems Holdings (OPXS) reported revenue of $10.7M for the second quarter fiscal 2025 (Q2 FY25), +26% from a year earlier and +31% from the quarter before.
Was Optex Systems Holdings profitable in the second quarter fiscal 2025?
Operating profit was $2.2M (20.8% of revenue) and net earnings $1.8M.