Filing Flows › Precision Optics (POCI) › Q3 FY25
Precision Optics (POCI) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 15, 2025
Precision Optics (POCI) reported revenue of $4.2M for the third quarter fiscal 2025 (Q3 FY25), -20% from a year earlier and -8% from the quarter before. Operating margin was -48.7%, net loss $2.1M (50.1% of revenue).
Precision Optics, Q3 FY25: revenue $4.2M (-20% year over year), operating margin -48.7%, net loss $2.1M, operating cash flow −$1.9M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.2M | -8% | -20% |
| Operating profit | −$2.0M | — | — |
| Net earnings | −$2.1M | — | — |
| Operating cash flow | −$1.9M | — | — |
What changed
Revenue was $4.2M in Q3 FY25, down 20% year over year and down 8% from the previous quarter. Optical Components was the largest line at 70% of revenue. Engineering Design Services lost $1.3M year over year (down 59%), 128% of the total change.
Gross margin was 10.0%, down 25.5 points from a year earlier. Operating costs exceeded revenue by $2.0M, an operating margin of -48.7%. Operating expenses grew 16% against a revenue fall of 20%. The fastest-growing cost line was SG&A (+17%). The quarter ended with a net loss of $2.1M, wider than the previous quarter's $1.0M loss.
Operating cash flow was −$1.9M. Non-cash charges added back $62K of depreciation and amortization and $563K of share-based compensation. Working capital and other items used $401K. Capital expenditures of $127K exceeded it, leaving free cash flow of −$2.0M.
Questions
What was Precision Optics' revenue in the third quarter fiscal 2025?
Precision Optics (POCI) reported revenue of $4.2M for the third quarter fiscal 2025 (Q3 FY25), -20% from a year earlier and -8% from the quarter before.
Was Precision Optics profitable in the third quarter fiscal 2025?
Operating loss was $2.0M (-48.7% of revenue) and net loss $2.1M.
Source: Precision Optics 10-Q on SEC EDGAR.