Filing Flows › Precision Optics (POCI) › Q2 FY26
Precision Optics (POCI) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Feb 17, 2026
Precision Optics (POCI) reported revenue of $7.4M for the second quarter fiscal 2026 (Q2 FY26), +63% from a year earlier and +10% from the quarter before. Operating margin was -23.6%, net loss $1.8M (24.2% of revenue).
Precision Optics, Q2 FY26: revenue $7.4M (+63% year over year), operating margin -23.6%, net loss $1.8M, operating cash flow −$256K. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.4M | +10% | +63% |
| Operating profit | −$1.7M | — | — |
| Net earnings | −$1.8M | — | — |
| Operating cash flow | −$256K | -427% | — |
What changed
Revenue was $7.4M in Q2 FY26, up 63% year over year and up 10% from the previous quarter. Systems Manufacturing was the largest line at 70% of revenue. Systems Manufacturing added $3.5M year over year (up 213%), 124% of the total change. Micro Optics Lab declined 60%.
Gross margin was 2.8%, down 20.9 points from Q2 FY25. Operating costs exceeded revenue by $1.7M, an operating margin of -23.6%. Operating expenses fell 2% while revenue rose 63%. The quarter ended with a net loss of $1.8M, wider than the previous quarter's $1.6M loss.
Operating cash flow was −$256K. Non-cash charges added back $74K of depreciation and amortization and $187K of share-based compensation. Working capital and other items added $1.3M.
Questions
What was Precision Optics' revenue in the second quarter fiscal 2026?
Precision Optics (POCI) reported revenue of $7.4M for the second quarter fiscal 2026 (Q2 FY26), +63% from a year earlier and +10% from the quarter before.
Was Precision Optics profitable in the second quarter fiscal 2026?
Operating loss was $1.7M (-23.6% of revenue) and net loss $1.8M.
Source: Precision Optics 10-Q on SEC EDGAR.