Filing Flows › Precision Optics (POCI) › Q1 FY26
Precision Optics (POCI) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Nov 13, 2025
Precision Optics (POCI) reported revenue of $6.7M for the first quarter fiscal 2026 (Q1 FY26), +59% from a year earlier and +8% from the quarter before. Operating margin was -23.9%, net loss $1.6M (24.5% of revenue).
Precision Optics, Q1 FY26: revenue $6.7M (+59% year over year), operating margin -23.9%, net loss $1.6M, operating cash flow $78K. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.7M | +8% | +59% |
| Operating profit | −$1.6M | — | — |
| Net earnings | −$1.6M | — | — |
| Operating cash flow | $78K | — | — |
What changed
Revenue was $6.7M in Q1 FY26, up 59% year over year and up 8% from the previous quarter. Systems Manufacturing was the largest line at 73% of revenue. Systems Manufacturing added $3.6M year over year (up 297%), 147% of the total change. Micro Optics Lab declined 77%.
Gross margin was 14.2%, down 12.5 points from a year earlier. Operating costs exceeded revenue by $1.6M, an operating margin of -23.9%. Operating expenses grew 8% against revenue growth of 59%. The fastest-growing cost line was SG&A (+14%). The quarter ended with a net loss of $1.6M, wider than the previous quarter's $1.4M loss.
Operating cash flow was $78K. Non-cash charges added back $65K of depreciation and amortization and $302K of share-based compensation. Working capital and other items added $1.3M.
Questions
What was Precision Optics' revenue in the first quarter fiscal 2026?
Precision Optics (POCI) reported revenue of $6.7M for the first quarter fiscal 2026 (Q1 FY26), +59% from a year earlier and +8% from the quarter before.
Was Precision Optics profitable in the first quarter fiscal 2026?
Operating loss was $1.6M (-23.9% of revenue) and net loss $1.6M.
Source: Precision Optics 10-Q on SEC EDGAR.