What is Optex Systems Holdings, INC's earnings per share (EPS)?

Optex Systems Holdings, INC (OPXS) reported diluted earnings per share of $0.74 for fiscal year 2025. This represents a 34.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Optex Systems Holdings, INC (OPXS) Financials

OPXS

Trailing 12 months to June 28, 2026

Revenue $39.8M +0.8% YoY

Net Income $3.9M -24.3% YoY

EPS (Diluted) $0.54 -28.0% YoY

Free Cash Flow $1.5M -73.4% YoY

Market Cap $69.6M as of Oct 9, 2026

Price / Sales 1.7x on $39.8M revenue, trailing 12 months to June 28, 2026

Price / Earnings 17.9x on $3.9M net income, trailing 12 months to June 28, 2026

Price / Book 2.5x on $27.7M equity, Q3 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q3 FY2026, ended Jun 28, 2026 Reported Aug 11, 2026 Currency USD FYE September

Newest figures come from the 10-Q for Q3 FY2026, filed Aug 11, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the OPXS SEC filings page.

Optex Systems Holdings, INC (OPXS) reported $39.8M in revenue over the twelve months to Jun 28, 2026, up 0.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI OPXS FY2025 2026-10-03

Profit is scaling faster than sales as improving margins, falling leverage, and stronger cash conversion change how the business finances growth.

Operating margin rose from 10.9% to 17.3% between FY2023 and FY2025, showing that a larger share of sales reached operations as the business expanded. Over the same span, operating cash flow shifted from -$296K to $6.9M while free cash flow also turned positive, so the recent earnings improvement is accompanied by cash generation rather than only accounting profit.

The balance sheet became less debt-dependent as debt-to-equity fell from 0.5x in FY2023 to 0.2x in FY2025. A 5.6x current ratio indicates short-term obligations are backed by a substantial pool of current assets, giving growth less reliance on borrowing.

Inventory was $14.3M in FY2025 versus $14.9M in FY2024, while revenue expanded over the same period. That decoupling suggests recent growth did not require proportional inventory buildup, easing the working-capital drag visible in FY2023's negative cash flow.

Financial Health Signals

Financial Health Score 79/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Optex Systems Holdings, INC's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Optex Systems Holdings, INC has an operating margin of 17.3%, meaning the company retains $17 of operating profit per $100 of revenue. This strong profitability earns a score of 75/100, reflecting efficient cost management and pricing power. This is up from 14.2% the prior year.

Growth

Optex Systems Holdings, INC's revenue surged 21.6% year-over-year to $41.3M, reflecting rapid business expansion. This strong growth earns a score of 88/100.

Leverage

Optex Systems Holdings, INC carries a low D/E ratio of 0.24, meaning only $0.24 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 73/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

With a current ratio of 5.64, Optex Systems Holdings, INC holds $5.64 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 93/100.

Cash Flow

Optex Systems Holdings, INC has a free cash flow margin of 15.6%, earning a moderate score of 60/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Optex Systems Holdings, INC earns a strong 21.2% return on equity (ROE), meaning it generates $21 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 84/100. This is up from 20.0% the prior year.

Altman Z-Score Safe

10.36

Optex Systems Holdings, INC scores 10.36, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($69.6M) relative to total liabilities ($5.8M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

7/8

Optex Systems Holdings, INC passes 7 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.35x

For every $1 of reported earnings, Optex Systems Holdings, INC generates $1.35 in operating cash flow ($6.9M OCF vs $5.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

310.09x

Optex Systems Holdings, INC earns $310.09 in operating income for every $1 of interest expense ($7.1M vs $23K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$9.7M

YoY-12.4%

QoQ+1.1%

5Y CAGR+18.0%

10Y CAGR+6.5%

Optex Systems Holdings, INC generated $9.7M in revenue in Q3 2026. This represents a decrease of 12.4% from the same quarter a year earlier. Against the prior quarter it is up 1.1%.

EBITDA

$1.5M

YoY-26.6%

QoQ-14.9%

10Y CAGR+6.6%

Optex Systems Holdings, INC's EBITDA was $1.5M in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 26.6% from the same quarter a year earlier. Against the prior quarter it is down 14.9%.

Net Income

$1.3M

YoY-15.2%

QoQ-4.5%

10Y CAGR+6.3%

Optex Systems Holdings, INC reported $1.3M in net income in Q3 2026. This represents a decrease of 15.2% from the same quarter a year earlier. Against the prior quarter it is down 4.5%.

EPS (Diluted)

$0.18

YoY-18.2%

QoQ-5.3%

Optex Systems Holdings, INC earned $0.18 per diluted share (EPS) in Q3 2026. This represents a decrease of 18.2% from the same quarter a year earlier. Against the prior quarter it is down 5.3%.

Cash & Balance Sheet

Free Cash Flow

$2.1M

YoY+53.0%

QoQ+229.4%

Optex Systems Holdings, INC generated $2.1M in free cash flow in Q3 2026, representing cash available after capex. This represents an increase of 53.0% from the same quarter a year earlier. Against the prior quarter it is up 229.4%.

Cash & Debt

$6.2M

YoY+26.8%

QoQ+48.3%

5Y CAGR+9.7%

10Y CAGR+24.6%

Optex Systems Holdings, INC held $6.2M in cash as of Q3 2026; long-term debt is not reported for that period.

Shares Outstanding

YoY+0.7%

QoQ0.0%

5Y CAGR-3.5%

10Y CAGR+32.1%

Optex Systems Holdings, INC had 7M shares outstanding in Q3 2026. This represents an increase of 0.7% from the same quarter a year earlier. It is unchanged from the prior quarter.

Dividends Per Share

Not reported for Q3 2026.

Margins & Returns

Gross Margin

34.2%

YoY+5.7pp

QoQ-1.1pp

5Y change+25.3pp

10Y change+9.2pp

Optex Systems Holdings, INC's gross margin was 34.2% in Q3 2026, indicating the percentage of revenue retained after direct costs. This is up 5.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.1 percentage points.

Operating Margin

14.3%

YoY-2.9pp

QoQ-3.0pp

5Y change+24.1pp

10Y change+0.7pp

Optex Systems Holdings, INC's operating margin was 14.3% in Q3 2026, reflecting core business profitability. This is down 2.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.0 percentage points.

Net Margin

13.2%

YoY-0.4pp

QoQ-0.8pp

5Y change+27.3pp

10Y change-0.2pp

Optex Systems Holdings, INC's net profit margin was 13.2% in Q3 2026, showing the share of revenue converted to profit. This is down 0.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.8 percentage points.

Return on Equity

4.6%

YoY-1.9pp

QoQ-0.5pp

5Y change+9.0pp

10Y change-3.9pp

Optex Systems Holdings, INC's ROE was 4.6% in Q3 2026, measuring profit generated per dollar of shareholder equity. This is down 1.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.5 percentage points.

Capital Allocation

Capital Expenditures

$207K

QoQ-47.3%

5Y CAGR+34.5%

Optex Systems Holdings, INC invested $207K in capex in Q3 2026, funding long-term assets and infrastructure. Against the prior quarter it is down 47.3%.

R&D Spending

Not reported for Q3 2026.

Share Buybacks

Not reported for Q3 2026.

OPXS Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

OPXS quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$39.8M	$41.3M+21.6%	$34.0M+32.5%	$25.7M+14.6%	$22.4M+22.8%	$18.2M-29.6%	$25.9M+5.5%	$24.5M+17.6%	$20.9M+12.4%	$18.5M+7.3%	$17.3M+32.9%	$13.0M+27.4%	$10.2M-40.2%	$17.1M+19.8%	$14.3M-12.2%	$16.2M
Cost of Revenue	$27.6M	$29.3M+19.7%	$24.5M+28.5%	$19.0M+8.9%	$17.5M+11.4%	$15.7M-20.7%	$19.8M+8.3%	$18.3M+11.9%	$16.3M+8.0%	$15.1M+6.4%	$14.2M+22.5%	$11.6M+31.9%	$8.8M-36.4%	$13.9M+17.0%	$11.8M-13.8%	$13.7M
Gross Profit	$12.2M	$12.1M+26.5%	$9.5M+44.0%	$6.6M+35.2%	$4.9M+94.3%	$2.5M-58.6%	$6.1M-2.6%	$6.3M+38.5%	$4.5M+32.2%	$3.4M+11.9%	$3.1M+120.1%	$1.4M-0.9%	$1.4M-56.4%	$3.2M+33.4%	$2.4M-3.3%	$2.5M
SG&A Expenses	$6.9M	$4.9M+4.6%	$4.7M+22.9%	$3.8M+17.9%	$3.3M+7.8%	$3.0M-6.0%	$3.2M+4.9%	$3.1M+0.9%	$3.0M-5.6%	$3.2M-19.0%	$4.0M+40.2%	$2.8M+19.0%	$2.4M-19.5%	$3.0M+9.0%	$2.7M+12.4%	$2.4M
Operating Income	$5.3M	$7.1M+47.9%	$4.8M+73.0%	$2.8M+69.2%	$1.6M+433.4%	-$494K-117.1%	$2.9M-9.8%	$3.2M+115.1%	$1.5M+628.4%	$204K+122.4%	-$911K+36.7%	-$1.4M-47.4%	-$977K-477.2%	$259K+186.0%	-$301K-485.9%	$78K
EBITDA	N/A	$7.6M+44.1%	$5.3M+69.5%	$3.1M+60.3%	$2.0M+945.9%	-$231K-107.4%	$3.1M-11.5%	$3.5M+95.1%	$1.8M+235.1%	$541K+195.6%	-$566K+48.8%	-$1.1M-23.3%	-$897K-373.5%	$328K+341.2%	-$136K-194.4%	$144K
Interest Expense	N/A	-$23K-148.9%	$47K-14.5%	$55K	$0-100.0%	$11K-42.1%	$19K-17.4%	$23K+15.0%	$20K+5.3%	$19K-47.2%	$36K-79.9%	$179K+2137.5%	$8K-81.0%	$42K+121.1%	$19K-74.3%	$74K
Income Tax	$726K	$1.2M+19.7%	$1.0M+114.5%	$469K+28.8%	$364K+460.4%	-$101K-119.0%	$531K+146.2%	-$1.1M-788.6%	$167K	$0	$0	$0-100.0%	$1.1M+1246.3%	$80K+66.7%	$48K+108.2%	-$587K
Net Income	$3.9M	$5.1M+36.6%	$3.8M+66.5%	$2.3M+76.4%	$1.3M-39.8%	$2.1M+16.8%	$1.8M-67.8%	$5.7M+306.6%	$1.4M+558.6%	-$304K-46.2%	-$208K-142.4%	$491K+123.8%	-$2.1M-1605.1%	$137K+137.2%	-$368K-162.3%	$591K
EPS (Basic)	N/A	$0.75+33.9%	$0.56+64.7%	$0.34+112.5%	$0.16-11.1%	$0.18+28.6%	$0.14-68.9%	$0.45	N/A	N/A	N/A	N/A	-$0.01-1488.9%	$0.00+150.0%	$0.00	N/A
EPS (Diluted)	$0.54	$0.74+34.5%	$0.55+61.8%	$0.34+112.5%	$0.16-11.1%	$0.18+28.6%	$0.14-68.9%	$0.45+309.1%	$0.11	-$0.06	N/A	N/A	-$0.01	$0.00	$0.00	N/A
Diluted Shares (Avg)	N/A	7M+1.3%	7M+2.7%	7M-19.0%	8M-1.3%	8M-3.1%	9M+1.1%	8M-3.4%	9M	8M	N/A	N/A	922M	905M	143M	N/A

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Revenue	$9.7M-12.4%	$9.6M-10.3%	$9.1M+11.6%	$11.3M+19.6%	$11.1M+22.6%	$10.7M+25.9%	$8.2M+17.7%	$9.4M+31.7%
Cost of Revenue	$6.4M-19.4%	$6.2M-15.4%	$7.0M+16.1%	$7.9M+12.2%	$7.9M+28.5%	$7.4M+23.5%	$6.1M+14.9%	$7.0M+28.9%
Gross Profit	$3.3M+5.0%	$3.4M+0.9%	$2.1M-1.5%	$3.4M+41.3%	$3.2M+10.0%	$3.4M+31.4%	$2.1M+26.4%	$2.4M+40.6%
SG&A Expenses	$1.9M+53.9%	$1.7M+53.7%	$1.9M+60.6%	$1.3M+20.0%	$1.3M-0.7%	$1.1M-6.4%	$1.2M+7.2%	$1.1M+15.6%
Operating Income	$1.4M-27.2%	$1.7M-25.6%	$149K-83.7%	$2.1M+59.4%	$1.9M+18.3%	$2.2M+65.0%	$916K+65.6%	$1.3M+72.5%
EBITDA	$1.5M-26.6%	$1.8M-25.5%	$239K-77.1%	$2.2M+52.3%	$2.0M+16.9%	$2.4M+60.4%	$1.0M+62.0%	$1.4M+72.2%
Interest Expense	$28K	$35K+3400.0%	$48K+269.2%	N/A	N/A	$1K-88.9%	$13K+85.7%	$14K-36.4%
Income Tax	$139K-65.3%	$358K-23.8%	-$45K-176.3%	$274K+1.9%	$401K+19.0%	$470K+64.9%	$59K-48.7%	$269K+74.7%
Net Income	$1.3M-15.2%	$1.3M-24.2%	$242K-71.3%	$1.0M+1.1%	$1.5M+19.7%	$1.8M+66.5%	$844K+95.8%	$1.0M+76.0%
EPS (Basic)	$0.18-18.2%	$0.19-26.9%	$0.04-66.7%	$0.150.0%	$0.22+15.8%	$0.26+62.5%	$0.12+100.0%	$0.15+66.7%
EPS (Diluted)	$0.18-18.2%	$0.19-26.9%	$0.03-75.0%	$0.14-6.7%	$0.22+22.2%	$0.26+62.5%	$0.12+100.0%	$0.15+66.7%
Diluted Shares (Avg)	7M+0.1%	7M+0.5%	7M+0.6%	N/A	7M+0.6%	7M+1.0%	7M+2.8%	N/A

Not reported in any period shown, so not listed: R&D Expenses.

OPXS Balance Sheet

OPXS quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$30.1M+17.8%	$25.5M+14.8%	$22.2M+19.9%	$18.5M-11.1%	$20.9M+2.5%	$20.3M+15.9%	$17.6M+38.4%	$12.7M-9.6%	$14.0M+9.9%	$12.8M+10.5%	$11.5M+32.0%	$8.7M-33.4%	$13.1M+7.7%	$12.2M+28.4%	$9.5M
Current Assets	$25.7M+28.1%	$20.1M+14.5%	$17.5M+31.0%	$13.4M-10.4%	$14.9M-10.5%	$16.7M+11.0%	$15.0M+32.5%	$11.3M-9.2%	$12.5M+13.5%	$11.0M+16.6%	$9.4M+12.7%	$8.4M-28.0%	$11.6M+9.4%	$10.6M+32.5%	$8.0M
Cash & Equivalents	$6.4M+533.2%	$1.0M-16.2%	$1.2M+28.9%	$934K-76.1%	$3.9M-17.0%	$4.7M+340.1%	$1.1M-5.7%	$1.1M-32.6%	$1.7M-34.5%	$2.6M+276.0%	$683K-59.5%	$1.7M+91.0%	$882K-46.6%	$1.7M+9.2%	$1.5M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$14.3M-3.6%	$14.9M+22.3%	$12.2M+31.9%	$9.2M+21.5%	$7.6M-13.7%	$8.8M-16.6%	$10.5M+37.9%	$7.6M+0.3%	$7.6M+22.5%	$6.2M+8.8%	$5.7M-3.3%	$5.9M-22.0%	$7.6M+6.8%	$7.1M+73.5%	$4.1M
Accounts Receivable	$4.6M+21.4%	$3.8M+3.9%	$3.6M+24.6%	$2.9M-8.6%	$3.2M+7.8%	$3.0M-3.7%	$3.1M+24.7%	$2.5M-21.3%	$3.1M+49.2%	$2.1M-26.9%	$2.9M+292.1%	$731K-76.6%	$3.1M+69.2%	$1.8M-23.0%	$2.4M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$5.8M-14.1%	$6.7M-8.8%	$7.4M+20.1%	$6.1M+19.2%	$5.1M-19.3%	$6.4M+19.1%	$5.3M-15.7%	$6.3M-21.5%	$8.1M+46.4%	$5.5M+63.0%	$3.4M+18.9%	$2.8M-46.1%	$5.3M+14.6%	$4.6M+156.7%	$1.8M
Current Liabilities	$4.6M-7.9%	$5.0M+21.4%	$4.1M+21.1%	$3.4M+67.7%	$2.0M-59.5%	$5.0M+49.6%	$3.3M+16.5%	$2.8M-36.5%	$4.5M+86.2%	$2.4M-27.7%	$3.3M+78.0%	$1.9M-44.2%	$3.3M+25.6%	$2.7M+48.4%	$1.8M
Non-Current Liabilities	$1.2M-31.5%	$1.8M-46.4%	$3.3M+18.9%	$2.8M-11.9%	$3.1M+121.6%	$1.4M-30.6%	$2.0M-41.8%	$3.5M-3.0%	$3.6M+15.7%	$3.1M+4696.9%	$65K-93.4%	$982K-49.3%	$1.9M-0.5%	$1.9M	$0
Total Equity	$24.3M+29.2%	$18.8M+26.6%	$14.9M+19.8%	$12.4M-21.0%	$15.7M+12.4%	$14.0M+14.5%	$12.2M+92.4%	$6.3M+6.7%	$5.9M-17.9%	$7.2M-11.3%	$8.2M+38.3%	$5.9M-24.9%	$7.9M+3.5%	$7.6M-1.5%	$7.7M
Retained Earnings	$2.5M+193.2%	-$2.7M+58.6%	-$6.4M+26.0%	-$8.7M+12.9%	-$10.0M+17.6%	-$12.1M+13.1%	-$13.9M+28.9%	-$19.6M+4.3%	-$20.5M-4.2%	-$19.6M-7.7%	-$18.2M-48.4%	-$12.3M-20.2%	-$10.2M+1.3%	-$10.4M-2.6%	-$10.1M

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Total Assets	$32.5M+11.3%	$30.9M+12.3%	$30.2M+21.8%	$30.1M+17.8%	$29.2M+17.4%	$27.5M+15.5%	$24.8M+10.8%	$25.5M+21.7%
Current Assets	$27.9M+15.4%	$26.1M+17.4%	$25.5M+31.8%	$25.7M+28.1%	$24.1M+24.0%	$22.3M+21.5%	$19.4M+8.2%	$20.1M+23.6%
Cash & Equivalents	$6.2M+26.8%	$4.2M+17.9%	$5.8M+134.5%	$6.4M+533.2%	$4.9M+902.3%	$3.5M+1000.0%	$2.5M+5.0%	$1.0M+221.3%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$16.4M+13.3%	$15.6M+12.3%	$15.0M+2.0%	$14.3M-3.6%	$14.5M-4.0%	$13.9M+1.7%	$14.7M+15.7%	$14.9M+21.0%
Accounts Receivable	$4.3M+3.7%	$5.7M+33.5%	$4.4M+151.2%	$4.6M+21.4%	$4.1M+24.7%	$4.2M+15.2%	$1.7M-28.6%	$3.8M+31.1%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$4.7M-21.7%	$4.6M-22.7%	$5.5M+8.0%	$5.8M-14.1%	$6.0M-15.2%	$5.9M-19.7%	$5.1M-27.8%	$6.7M-12.3%
Current Liabilities	$3.9M-16.4%	$3.6M-18.5%	$4.3M+26.5%	$4.6M-7.9%	$4.7M-10.3%	$4.4M-6.8%	$3.4M-29.2%	$5.0M+22.7%
Non-Current Liabilities	$807K-40.0%	$964K-35.2%	$1.1M-31.3%	$1.2M-31.5%	$1.3M-28.9%	$1.5M-43.1%	$1.6M-24.7%	$1.8M-51.3%
Total Equity	$27.7M+19.9%	$26.3M+21.9%	$24.7M+25.3%	$24.3M+29.2%	$23.1M+30.5%	$21.6M+31.1%	$19.7M+28.4%	$18.8M+41.2%
Retained Earnings	$5.3M+266.7%	$4.1M+7919.2%	$2.7M+249.7%	$2.5M+193.2%	$1.5M+139.6%	-$52K+98.9%	-$1.8M+69.7%	-$2.7M+66.1%

Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.

OPXS Cash Flow Statement

OPXS quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$2.6M	$6.9M+289.2%	$1.8M+701.7%	-$296K-114.5%	$2.0M+324.5%	$481K-87.7%	$3.9M+2344.4%	$160K-84.6%	$1.0M+6393.8%	$16K+103.0%	-$539K+54.6%	-$1.2M-171.1%	$1.7M+208.6%	-$1.5M-281.4%	$848K-23.9%	$1.1M
Depreciation & Amortization	N/A	$515K+5.7%	$487K+41.2%	$345K+12.4%	$307K+16.7%	$263K+6.0%	$248K-27.1%	$340K+4.0%	$327K-3.0%	$337K-2.3%	$345K+3.3%	$334K+317.5%	$80K+15.9%	$69K-58.2%	$165K+150.0%	$66K
Stock-Based Compensation	N/A	$383K-9.9%	$425K+72.1%	$247K+52.5%	$162K-28.9%	$228K+15.7%	$197K+74.3%	$113K-26.1%	$153K-30.5%	$220K+14.6%	$192K+37.1%	$140K+33.3%	$105K-18.0%	$128K-15.8%	$152K+74.7%	$87K
Capital Expenditures	$1.1M	$494K-27.5%	$681K+81.1%	$376K+46.3%	$257K-6.2%	$274K+80.3%	$152K+6.3%	$143K-14.4%	$167K+12.1%	$149K+338.2%	$34K-98.4%	$2.1M+5150.0%	$40K-66.9%	$121K+26.0%	$96K+209.7%	$31K
Free Cash Flow	$1.5M	$6.4M+485.2%	$1.1M+263.7%	-$672K-137.6%	$1.8M+762.3%	$207K-94.5%	$3.8M+22011.8%	$17K-98.1%	$872K+755.6%	-$133K+76.8%	-$573K+82.6%	-$3.3M-301.6%	$1.6M+198.3%	-$1.7M-320.6%	$752K-30.6%	$1.1M
Investing Cash Flow	-$1.1M	-$504K+70.9%	-$1.7M-360.4%	-$376K-46.3%	-$257K+6.2%	-$274K-80.3%	-$152K-12.6%	-$135K+19.2%	-$167K-54.6%	-$108K-260.0%	-$30K	N/A	N/A	N/A	-$306K-887.1%	-$31K
Financing Cash Flow	N/A	-$1.0M-327.3%	-$245K-126.0%	$942K+119.8%	-$4.8M-371.8%	-$1.0M-692.9%	-$127K-41.1%	-$90K+93.7%	-$1.4M-79.0%	-$794K-132.4%	$2.5M	N/A	N/A	N/A	-$403K+32.7%	-$599K
Dividends Paid	$0	$0	$0	$0	N/A	N/A	N/A	N/A	$784K+200.4%	$261K	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	$4.7M+444.5%	$869K+334.5%	$200K	N/A	$700K	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Operating Cash Flow	$2.3M+68.0%	-$1.2M-204.9%	-$92K-103.3%	$1.6M+107.6%	$1.4M+2666.0%	$1.2M+192.8%	$2.8M+24.3%	$753K+321.5%
Depreciation & Amortization	$107K-18.3%	$97K-23.0%	$90K-30.2%	$129K-11.6%	$131K-0.8%	$126K+7.7%	$129K+40.2%	$146K+69.8%
Stock-Based Compensation	$266K+220.5%	$260K+261.1%	$212K+130.4%	N/A	$83K-7.8%	$72K-54.1%	$92K-18.6%	N/A
Capital Expenditures	$207K	$393K+193.3%	$456K+42.9%	$41K-80.3%	$0-100.0%	$134K+22.9%	$319K+450.0%	$208K-6.3%
Free Cash Flow	$2.1M+53.0%	-$1.6M-255.7%	-$548K-122.1%	$1.5M+179.3%	$1.4M+640.2%	$1.1M+175.8%	$2.5M+13.0%	$545K+197.0%
Investing Cash Flow	-$207K	-$393K-172.9%	-$456K-42.9%	-$41K+82.0%	$0+100.0%	-$144K+87.4%	-$319K-450.0%	-$228K-2.7%
Financing Cash Flow	-$105K-144.2%	N/A	N/A	-$4K-100.0%	-$43K-110.2%	$0-100.0%	-$1.0M+2.6%	-$2K-101.0%
Dividends Paid	$0	$0	$0	$0	$0	$0	$0	$0

Not reported in any period shown, so not listed: Share Buybacks.

OPXS Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

OPXS quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	29.2%+1.1pp	28.0%+2.2pp	25.8%+3.9pp	21.9%+8.0pp	13.8%-9.7pp	23.5%-2.0pp	25.5%+3.8pp	21.6%+3.2pp	18.4%+0.8pp	17.7%+7.0pp	10.7%-3.0pp	13.7%-5.1pp	18.8%+1.9pp	16.9%+1.5pp	15.3%
Operating Margin	17.3%+3.1pp	14.2%+3.3pp	10.9%+3.5pp	7.4%+10.1pp	-2.7%-13.9pp	11.1%-1.9pp	13.0%+5.9pp	7.1%+6.0pp	1.1%+6.4pp	-5.3%+5.8pp	-11.1%-1.5pp	-9.6%-11.1pp	1.5%+3.6pp	-2.1%-2.6pp	0.5%
Net Margin	12.4%+1.4pp	11.1%+2.3pp	8.8%+3.1pp	5.7%-6.0pp	11.7%+4.6pp	7.0%-16.1pp	23.1%+16.4pp	6.7%+8.3pp	-1.6%-0.4pp	-1.2%-5.0pp	3.8%+24.0pp	-20.2%-21.0pp	0.8%+3.4pp	-2.6%-6.2pp	3.6%
Return on Equity	21.2%+1.2pp	20.0%+4.8pp	15.2%+4.9pp	10.3%-3.2pp	13.6%+0.5pp	13.1%-33.4pp	46.4%+24.5pp	22.0%+27.1pp	-5.1%-2.2pp	-2.9%-8.9pp	6.0%+41.0pp	-35.0%-36.7pp	1.7%+6.6pp	-4.9%-12.5pp	7.7%
Return on Assets	17.1%+2.3pp	14.8%+4.6pp	10.2%+3.3pp	6.9%-3.3pp	10.2%+1.2pp	9.0%-23.3pp	32.3%+21.3pp	11.0%+13.2pp	-2.2%-0.5pp	-1.6%-5.9pp	4.3%+27.8pp	-23.6%-24.6pp	1.0%+4.1pp	-3.0%-9.2pp	6.2%
Current Ratio	5.64+1.6x	4.05-0.2x	4.30+0.3x	3.97-3.5x	7.43+4.1x	3.36-1.2x	4.53+0.5x	3.99+1.2x	2.79-1.8x	4.58+1.7x	2.84-1.6x	4.48+1.0x	3.47-0.5x	3.99-0.5x	4.46
Debt-to-Equity	0.24-0.1x	0.36-0.1x	0.500.0x	0.49+0.2x	0.33-0.1x	0.460.0x	0.44-0.6x	1.00-0.4x	1.36+0.6x	0.76+0.3x	0.42-0.1x	0.48-0.2x	0.67+0.1x	0.61+0.4x	0.23
Asset Turnover	1.380.0x	1.33+0.2x	1.15-0.1x	1.21+0.3x	0.87-0.4x	1.27-0.1x	1.40-0.2x	1.64+0.3x	1.320.0x	1.35+0.2x	1.130.0x	1.17-0.1x	1.30+0.1x	1.17-0.5x	1.71
FCF Margin	15.6%+12.3pp	3.2%+5.9pp	-2.6%-10.6pp	8.0%+6.8pp	1.1%-13.4pp	14.5%+14.4pp	0.1%-4.1pp	4.2%+4.9pp	-0.7%+2.6pp	-3.3%+22.0pp	-25.3%-41.3pp	16.0%+25.7pp	-9.7%-15.0pp	5.3%-1.4pp	6.7%

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Gross Margin	34.2%+5.7pp	35.2%+3.9pp	22.9%-3.0pp	30.1%+4.6pp	28.5%-3.3pp	31.3%+1.3pp	26.0%+1.8pp	25.5%+1.6pp
Operating Margin	14.3%-2.9pp	17.3%-3.6pp	1.6%-9.5pp	18.3%+4.6pp	17.2%-0.6pp	20.8%+4.9pp	11.2%+3.2pp	13.7%+3.2pp
Net Margin	13.2%-0.4pp	13.9%-2.5pp	2.6%-7.6pp	9.1%-1.7pp	13.6%-0.3pp	16.5%+4.0pp	10.3%+4.1pp	10.7%+2.7pp
Return on Equity	4.6%-1.9pp	5.1%-3.1pp	1.0%-3.3pp	4.2%-1.2pp	6.5%-0.6pp	8.2%+1.7pp	4.3%+1.5pp	5.4%+1.1pp
Return on Assets	3.9%-1.2pp	4.3%-2.1pp	0.8%-2.6pp	3.4%-0.6pp	5.2%+0.1pp	6.4%+2.0pp	3.4%+1.5pp	4.0%+1.2pp
Current Ratio	7.09+2.0x	7.28+2.2x	5.86+0.2x	5.64+1.6x	5.14+1.4x	5.06+1.2x	5.63+1.9x	4.050.0x
Debt-to-Equity	0.17-0.1x	0.17-0.1x	0.220.0x	0.24-0.1x	0.26-0.1x	0.27-0.2x	0.26-0.2x	0.36-0.2x
Asset Turnover	0.30-0.1x	0.31-0.1x	0.300.0x	0.380.0x	0.380.0x	0.390.0x	0.330.0x	0.370.0x
FCF Margin	21.8%+9.3pp	-17.0%-26.8pp	-6.0%-36.3pp	13.5%+7.7pp	12.4%+15.3pp	9.8%+26.0pp	30.3%-1.2pp	5.8%+13.6pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Optex Systems Holdings, INC OPXS	FY2025	$41.3M	$5.1M	12.4%	$69.6M	79/100
Draganfly Inc. DPRO	FY2023	N/A	N/A	N/A	$184.0M	—
Coda Octopus Group, Inc. CODA	FY2025	$26.6M	$4.1M	15.6%	$119.7M	79/100
New Horizon Aircraft Ltd. HOVR	FY2023	N/A	$8.6M	N/A	$107.4M	—
Mobilicom Limited MOB	FY2025	$3.4M	-$23.7M	N/A	$52.9M	40/100
VisionWave Holdings, Inc. VWAV	FY2025	N/A	-$6.5M	N/A	$11.6M	—

Where Optex Systems Holdings, INC Ranks

Frequently Asked Questions

What is Optex Systems Holdings, INC's annual revenue?

Optex Systems Holdings, INC (OPXS) reported $41.3M in total revenue for fiscal year 2025. This represents a 21.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Optex Systems Holdings, INC's revenue growing?

Optex Systems Holdings, INC (OPXS) revenue grew by 21.6% year-over-year, from $34.0M to $41.3M in fiscal year 2025.

Is Optex Systems Holdings, INC profitable?

Yes, Optex Systems Holdings, INC (OPXS) reported a net income of $5.1M in fiscal year 2025, with a net profit margin of 12.4%.

What is Optex Systems Holdings, INC's EBITDA?

Optex Systems Holdings, INC (OPXS) had EBITDA of $7.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Optex Systems Holdings, INC's gross margin?

Optex Systems Holdings, INC (OPXS) had a gross margin of 29.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Optex Systems Holdings, INC's operating margin?

Optex Systems Holdings, INC (OPXS) had an operating margin of 17.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Optex Systems Holdings, INC's net profit margin?

Optex Systems Holdings, INC (OPXS) had a net profit margin of 12.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Optex Systems Holdings, INC's return on equity (ROE)?

Optex Systems Holdings, INC (OPXS) has a return on equity of 21.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Optex Systems Holdings, INC's free cash flow?

Optex Systems Holdings, INC (OPXS) generated $6.4M in free cash flow during fiscal year 2025. This represents a 485.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Optex Systems Holdings, INC's operating cash flow?

Optex Systems Holdings, INC (OPXS) generated $6.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Optex Systems Holdings, INC's total assets?

Optex Systems Holdings, INC (OPXS) had $30.1M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Optex Systems Holdings, INC's capital expenditures?

Optex Systems Holdings, INC (OPXS) invested $494K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Optex Systems Holdings, INC have outstanding?

Optex Systems Holdings, INC (OPXS) had 7M shares outstanding as of fiscal year 2025.

What is Optex Systems Holdings, INC's current ratio?

Optex Systems Holdings, INC (OPXS) had a current ratio of 5.64 as of fiscal year 2025, which is generally considered healthy.

What is Optex Systems Holdings, INC's debt-to-equity ratio?

Optex Systems Holdings, INC (OPXS) had a debt-to-equity ratio of 0.24 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Optex Systems Holdings, INC's return on assets (ROA)?

Optex Systems Holdings, INC (OPXS) had a return on assets of 17.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Optex Systems Holdings, INC's P/E ratio?

Optex Systems Holdings, INC (OPXS) trades at 17.9x earnings, its market capitalization divided by net income of $3.9M net income, trailing 12 months to June 28, 2026. The market capitalization is $69.6M as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Optex Systems Holdings, INC's price-to-sales ratio?

Optex Systems Holdings, INC (OPXS) trades at 1.7x sales, its market capitalization divided by revenue of $39.8M revenue, trailing 12 months to June 28, 2026. The market capitalization is $69.6M as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Optex Systems Holdings, INC's Altman Z-Score?

Optex Systems Holdings, INC (OPXS) has an Altman Z-Score of 10.36, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Optex Systems Holdings, INC's Piotroski F-Score?

Optex Systems Holdings, INC (OPXS) has a Piotroski F-Score of 7 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Optex Systems Holdings, INC's earnings high quality?

Optex Systems Holdings, INC (OPXS) has an earnings quality ratio of 1.35x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Optex Systems Holdings, INC cover its interest payments?

Optex Systems Holdings, INC (OPXS) has an interest coverage ratio of 310.09x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Optex Systems Holdings, INC?

Optex Systems Holdings, INC (OPXS) scores 79 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.