Filing Flows › Optex Systems Holdings (OPXS) › Q2 FY26
Optex Systems Holdings (OPXS) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed May 11, 2026
Optex Systems Holdings (OPXS) reported revenue of $9.6M for the second quarter fiscal 2026 (Q2 FY26), -10% from a year earlier and +5% from the quarter before. Operating margin was 17.3%, net earnings $1.3M (13.9% of revenue).
Optex Systems Holdings, Q2 FY26: revenue $9.6M (-10% year over year), operating margin 17.3%, net earnings $1.3M, operating cash flow −$1.2M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.6M | +5% | -10% |
| Gross profit | $3.4M | +62% | +0.9% |
| Operating profit | $1.7M | 11× | -26% |
| Net earnings | $1.3M | +454% | -24% |
| Operating cash flow | −$1.2M | — | -205% |
What changed
Revenue was $9.6M in Q2 FY26, down 10% year over year and up 5% from the previous quarter.
Gross margin was 35.2%, up 3.9 points from Q2 FY25. Operating profit was $1.7M, a 17.3% margin (down 3.6 points year over year). Operating expenses grew 54% against a revenue fall of 10%. Net earnings were $1.3M, down 24% year over year. The effective tax rate was 21.1%.
Operating cash flow was −$1.2M. Non-cash charges added back $97K of depreciation and amortization and $260K of share-based compensation. Working capital and other items used $2.9M. Capital expenditures of $393K exceeded it, leaving free cash flow of −$1.6M.
Questions
What was Optex Systems Holdings' revenue in the second quarter fiscal 2026?
Optex Systems Holdings (OPXS) reported revenue of $9.6M for the second quarter fiscal 2026 (Q2 FY26), -10% from a year earlier and +5% from the quarter before.
Was Optex Systems Holdings profitable in the second quarter fiscal 2026?
Operating profit was $1.7M (17.3% of revenue) and net earnings $1.3M.