Syntec Optics' (Nasdaq: OPTX) Q3 Hits All Time High Revenue, Profits Grow to Double-Digit Adj EBITDA, and Net Income Surges Positive

Rhea-AI Summary

Syntec Optics Holdings (Nasdaq: OPTX) reported record third-quarter revenue of $8,542,554, alongside a return to profitability for the quarter. Revenue rose 23% year over year in the period ended September 30, 2026. Net income reached $246,574, versus a $1,429,133 loss, with earnings per share of $0.01 versus a $0.04 loss. Gross profit rose 127% to $1,942,962. Adjusted EBITDA, a non-GAAP earnings measure, reached $852,246 versus negative $15,961.

Space Tech revenue rose 117% to $1.3 million; Defense Tech grew 31% to $4.2 million; Life Sciences increased 12% to $2.7 million. Nine-month revenue reached $23,329,778, but the company retained a $395,046 net loss. Cash totaled $14,357,869 at quarter-end, following common-stock financing and repayment of the credit line. After quarter-end, Syntec announced actuator orders supporting NASA’s Artemis III rockets.

25 points · 0 major

PositiveiHow this balance works

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It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

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0 major · 6 points

Hollow bars mark forward-looking points. How the balance works

Positive

• Moderate pointQ3 revenue rose 23% year over year to a record $8,542,554.
• Moderate pointQ3 net income reached $246,574 versus a $1,429,133 loss; EPS improved to $0.01 from negative $0.04.
• Moderate pointQ3 gross profit increased 127% year over year to $1,942,962.
• Moderate pointQ3 adjusted EBITDA reached $852,246 versus negative $15,961 a year earlier.
• Moderate pointQ3 operating income reached $212,155 versus a $1,218,603 loss a year earlier.
• Moderate pointSpace Tech revenue increased 117% year over year to $1.3 million in Q3.
• Moderate pointDefense Tech revenue increased 31% year over year to $4.2 million in Q3.
• Moderate pointLife Sciences revenue increased 12% year over year to $2.7 million in Q3.
• Moderate pointAI infrastructure cumulative orders totaled approximately $4.0 million as reported in August, since market entry roughly two years earlier. 1.4% of market cap
• Moderate pointNine-month operating cash flow increased to $1,290,712 from $676,529 a year earlier.
• Moderate pointCommon-stock issuance generated $22,999,991 in gross proceeds during the first nine months. 8.1% of market cap
• Moderate pointCredit-line repayments totaled $6,763,863 during the first nine months, leaving no quarter-end balance. 2.4% of market cap
• Moderate pointQuarter-end cash reached $14,357,869 versus $358,867 at December 31, 2025.

12 minor points

• Minor pointQ3 general and administrative expenses fell to $1,730,807 from $2,072,962 a year earlier.
• Minor pointOrbital safety and government satellite reconnaissance orders expanded Syntec’s space programs during Q3.
• Minor pointArtemis III actuator orders announced after quarter-end extend Syntec’s space portfolio into lunar-mission hardware.
• Minor point. Forward-looking: it has not happened yet and may not happen.AI Data Center revenue is expected by Syntec to grow in coming years as deployments expand.
• Minor point. Forward-looking: it has not happened yet and may not happen.Manufacturing expansion and open-capacity use are opportunities Syntec plans to pursue alongside additional customer programs.
• Minor pointNine-month revenue increased to $23,329,778 from $20,578,717 a year earlier.
• Minor pointNine-month gross profit increased to $5,046,818 from $4,760,943 a year earlier.
• Minor pointNine-month general and administrative expenses fell to $5,289,322 from $5,597,344 a year earlier.
• Minor pointNine-month operating loss narrowed to $242,504 from $836,401 a year earlier.
• Minor pointNine-month net loss narrowed to $395,046 from $1,449,389; loss per share improved to $0.01 from $0.04.
• Minor pointQ3 interest expense, including debt-issuance-cost amortization, fell to $71,089 from $214,425 a year earlier.
• Minor pointNine-month interest expense, including debt-issuance-cost amortization, fell to $405,532 from $624,290 a year earlier.

Negative

• Moderate pointClass A shares outstanding increased to 40,279,878 from 36,920,226 at December 31, 2025, diluting existing holders.
• Minor pointCommon-stock issuance costs consumed $1,574,059 during the first nine months.
• Minor pointProperty and equipment purchases used $1,643,914 versus $643,808 in the prior-year nine-month period.
• Minor pointRelated-party borrowing added $200,000 of debt during the first nine months.
• Minor pointIncremental auditor transition costs totaled $35,400 in Q3.
• Minor pointNon-recurring property damage totaled $23,211 during the first nine months.

News Explained

During the first nine months of 2026, the company received 22,999,991 dollars in gross proceeds from common-stock issuance.

Syntec Optics reported third-quarter financial results for the period ended September 30, 2026. At quarter-end, 40,279,878 common shares were outstanding, compared with 36,920,226 at December 31, 2025; issuing additional shares increases the share count and reduces existing holders’ percentage ownership absent offsetting changes.

Beginning this quarter, the company presented revenue across five end markets, including AI Data Center and Other Scientific Instruments, each reported at $0.2 million.

Key Figures

Revenue: $8.5 million, up 23% year over year Net income: $0.2 million Gross profit: $1.9 million, up 127% year over year +5 more

Revenue

$8.5 million, up 23% year over year

Third quarter ended September 30, 2026

Net income

$0.2 million

Third quarter; compared with a $1.4 million net loss in the prior-year quarter

Gross profit

$1.9 million, up 127% year over year

Third quarter

Adjusted EBITDA

$0.9 million, or 10% of revenue

Third quarter; compared with approximately break-even in the prior-year quarter

Cash and cash equivalents

$14.4 million

Quarter-end; up from $14.0 million at the end of the second quarter

Space Tech revenue

$1.3 million, up 117% year over year

Third quarter

Defense Tech revenue

$4.2 million, up 31% year over year

Third quarter

Life Sciences revenue

$2.7 million, up 12% year over year

Third quarter

Historical Context

1 past event · Latest: Oct 05

1 event

1. Oct 05

   Artemis III orders

   24h Move

   +7.2%

   Recurring production orders for Artemis III actuator products preceded this quarter's new actuator-program order.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

adjusted ebitda, low-earth orbit, photonic integrated circuits

3 terms

adjusted ebitda financial

"Adjusted EBITDA was $0.9 million, or 10% of revenue"

Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.

low-earth orbit technical

"low-Earth-orbit satellites"

Low-earth orbit (LEO) is the region of space close to Earth where satellites circle at relatively low altitudes, roughly between about 160 and 2,000 kilometers. For investors, LEO matters because satellites placed there are cheaper and faster to reach, offer lower communications delay and clearer imaging, and enable large commercial services like broadband, Earth observation and logistics monitoring — much like a network of local cell towers and cameras in the sky that can generate recurring revenue streams.

photonic integrated circuits technical

"precision micro-connectors for transceivers and photonic integrated circuits"

Photonic integrated circuits are chips that use tiny optical components to generate, route and detect light instead of moving electrical signals, performing functions similar to electronic computer chips but with photons. They matter to investors because they can enable much faster data transfer and lower power use in telecommunications, data centers and sensing, creating new markets and potential cost advantages — but they also require specialized manufacturing and carry technology and supply risks.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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ROCHESTER, NEW YORK, Nov. 13, 2026 (GLOBE NEWSWIRE) -- Syntec Optics Holdings, Inc. (Nasdaq: OPTX) (“Syntec Optics” or the “Company”), a provider of deep-tech products to industry pioneers connecting and protecting the world, today announced financial results for the third quarter ended September 30, 2026. Supporting mission-critical applications ranging from low-Earth-orbit satellites and bipartisan connected-battlefield defense platforms to life sciences, Syntec delivered an all-time high revenue of $8.5 million, up 23% year over year, and net income improved by $1.6 million to a positive net income of $0.2 million, compared with a $1.4 million net loss in the prior-year quarter. The quarter’s results reflect Syntec’s expanding role in next-generation bipartisan defense and space technologies, including continued growth in major programs of national importance like Artemis III, low-Earth orbit reconnaissance, satellite collision-avoidance, and AR/VR soldier gear. Syntec combined these achievements with lower selling, general, and administrative expenses. Overall cash reserves strengthened, growing by $0.3 million.

Earnings Call information:

Date: Tuesday, November 17, 2026

Time: 5:00 p.m. ET

Register in Advance (Required): https://us06web.zoom.us/meeting/register/wUCh5icdSQm20ccy7aOSoA

(After registering, you will receive a confirmation email containing information about joining the meeting.)

Webcast: A recording of the conference call will be available under the Latest Events section on the Investors page of Syntec Optics’ website at www.syntecoptics.com.

Replay: A replay of the webcast will be available approximately three hours after the call concludes. It will remain accessible until Tuesday, December 1, 2026, in the Investor Relations section of Syntec Optics’ website at www.syntecoptics.com.

"We are excited to be moving quickly with a well-disciplined execution plan, adding proven pioneering programs to existing customer products, all typical with a 7-10 year product life cycle and needing replacement over time," said Matt Carey, Vice President of Business Development.

Gross profit for the quarter increased 127% year over year to $1.9 million. Gross margin nearly doubled compared with the prior-year quarter. Selling, general, and administrative expenses were $1.7 million, reduced by $0.3 million from the prior-year quarter. Adjusted EBITDA was $0.9 million, or 10% of revenue, compared with approximately break-even and an Adjusted EBITDA margin of nearly 0% in the prior-year quarter. 

Beginning this quarter, we are presenting revenue across five end markets: Space Tech, Defense Tech, Life Sciences, AI Data Center, and Other Scientific Instruments. These categories will provide greater visibility into the markets served by our products and the demand drivers affecting our business going forward. Space Tech includes space-related communications, orbital safety, reconnaissance, and rockets. Defense Tech covers bipartisan, cross-administration, proven next-gen AI-driven AR/VR connected battlefield, night-vision, and other soldier gear. Together, Space Tech and Defense Tech represent 64% of our third-quarter revenues and are expected to continue driving our success in subsequent quarters.

Our fastest-growing end market is space technology. Syntec is excited to share that Space Tech revenue increased 117% year over year to $1.3 million. In Q3, Space Tech represented 15% of quarterly revenue and was the fastest-growing segment for the quarter. Our space products support low-Earth-orbiting satellites, debris detection and collision avoidance, reconnaissance, and lunar rocket hardware. In Q3, we announced orders that expand our participation in orbital safety and government satellite reconnaissance. These new product lines broaden our space business across multiple customer programs and mission requirements.

After quarter-end, we announced orders for a new program for our actuator products to support NASA’s Artemis III rockets. This program extends our space portfolio from satellites into hardware supporting lunar missions.

Defense Tech revenues increased 31% year over year to $4.2 million. This represents 49% of quarterly revenue. Our products support AI-enabled AR/VR soldier systems, night vision, missile guidance, and laser targeting products. Announcements during the year included camera and display-window products for military wearable systems, demonstrating expanded participation in customer platforms. Growth across established and newer applications supports our focus on supplying mission-critical products throughout customer program life cycles.

Our Life Sciences revenue increased 12% year over year to $2.7 million, representing 31% of quarterly revenue. Our product lines in this market serve blood diagnostics for early detection of disease, biomedical illumination and visualization, surgical robotics, DNA sequencing, ophthalmology, and veterinary care. These programs provide a substantial revenue base alongside our expanding defense and space base, giving Syntec a more diverse product mix.

AI Data Center revenue was $0.2 million. We expect this category to grow in the coming years as our products are deployed across multiple value chains within the data center. Activities include precision micro-connectors for transceivers and photonic integrated circuits, as well as optics supporting emerging orbital and earth-based fusion energy. A massive energy shortage is predicted by nearly all analysts, and Syntec plans to participate in next-generation products with cutting-edge pioneers. In August, we reported approximately $4.0 million in cumulative orders across the broader AI infrastructure “picks and shovels” opportunity since entering that market roughly two years ago.

Other scientific instruments revenue, which includes products for quantum computing applications, was $0.2 million.

The Company ended the quarter with $14.4 million in cash and cash equivalents, up from $14.0 million at the end of the second quarter. Operating activities generated $1.3 million of cash during the first nine months of the year.  “Our strong cash position gives us the flexibility to invest alongside our customers as their next-generation technologies ramp up to high production volumes for 7-10 year product life cycles,” said Dean Rudy, Chief Financial Officer. “We see an opportunity to build on our momentum in defense and space by expanding our manufacturing capabilities, utilizing our open capacity, and pursuing complementary growth opportunities. Our focus is on translating that opportunity into sustained revenue growth and stronger profitability.”

In the fourth quarter and beyond, the company continues to add new programs to utilize our open capacity for long product life cycles. 

About Syntec Optics

Headquartered in Rochester, N.Y., Syntec Optics Holdings, Inc. (NASDAQ: OPTX) is one of the nation’s largest bespoke makers of high-precision optics. It pushes the limits of light-based technologies to connect and protect the world. Syntec supports critical missions ranging from low-Earth-orbit satellites to advanced next-gen connected-battlefield defense platforms, moon rocket actuators, AI data centers, and life sciences. As light-enabled technologies continue to account for a significant portion of global economic output—representing nearly $20 trillion of the $111 trillion in total worldwide production as of 2024—Syntec Optics remains positioned at the forefront of the modern optical revolution.

For more information, visit syntecoptics.com.

Forward-Looking Statements

This press release contains certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release, including statements as to the intended use of net proceeds from the public offering, are forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including "may," "should," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "plan," "targets," "projects," "could," "would," "continue," "forecast" or the negatives of these terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors (some of which are beyond the control of Syntec Optics), which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts and assumptions that, while considered reasonable by Syntec Optics and its management, as the case may be, are inherently uncertain and many factors may cause the actual results to differ materially from current expectations which include, but are not limited to: 1) risk outlined in any prior SEC filings; 2) ability of Syntec Optics to successfully increase market penetration into its target markets; 3) the addressable markets that Syntec Optics intends to target do not grow as expected; 4) the loss of any key executives; 5) the loss of any relationships with key suppliers including suppliers abroad; 6) the loss of any relationships with key customers; 7) the inability to protect Syntec Optics' patents and other intellectual property; 8) the failure to successfully execute manufacturing of announced products in a timely manner or at all, or to scale to mass production; 9) costs related to any further business combination; 10) changes in applicable laws or regulations; 11) the possibility that Syntec Optics may be adversely affected by other economic, business and/or competitive factors; 12) Syntec Optics' estimates of its growth and projected financial results for the future and meeting or satisfying the underlying assumptions with respect thereto; 13) the impact of any pandemic, including any mutations or variants thereof and the Russian/Ukrainian or Israeli conflict, and any resulting effect on business and financial conditions; 14) inability to complete any investments or borrowings in connection with any organic or inorganic growth; 15) the potential for events or circumstances that result in Syntec Optics' failure to timely achieve the anticipated benefits of Syntec Optics' customer arrangements; and 16) other risks and uncertainties set forth in the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in prior SEC filings. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Syntec Optics does not give any assurance that Syntec Optics will achieve its expected results. Syntec Optics does not undertake any duty to update these forward-looking statements except as otherwise required by law.

For further information, please contact:

Investor Relations

InvestorRelations@syntecoptics.com 

SOURCE: Syntec Optics Holdings, Inc. (Nasdaq: OPTX)

SYNTEC OPTICS HOLDINGS, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
SEPTEMBER 30, 2026 AND DECEMBER 31, 2025

		2026 (unaudited)				2025
ASSETS
Current Assets
Cash		$	14,357,869			$	358,867
Accounts Receivable, net of allowance for expected credit losses of $269,013 and $133,022, respectively			6,346,861				6,241,768
Inventory, net			7,365,004				7,884,943
Prepaid Expenses and Other Assets			393,345				655,827
Total Current Assets			28,463,079				15,141,405
Property and Equipment, Net			9,429,324				9,172,703
Total Assets		$	37,892,403			$	24,314,108
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities
Accounts Payable		$	1,677,772			$	2,691,748
Accrued Expenses			1,023,470				683,397
Federal Income Tax Payable			169,582				169,582
Deferred Revenue			124,044				66,420
Line of Credit			-				6,763,863
Current Maturities of Debt Obligations			96,541				93,358
Current Maturities of Debt Obligations - Related Party			481,225				406,495
Current Maturities of Finance Lease Obligations			376,598				354,499
Total Current Liabilities			3,949,232				11,229,362
Long-Term Liabilities
Long-Term Debt Obligations			1,206,977				1,267,043
Long-Term Debt Obligations - Related Party			835,010				862,237
Long-Term Finance Lease Obligations			1,104,431				1,414,611
Total Long-Term Liabilities			3,146,418				3,543,891
Total Liabilities			7,095,650				14,773,253
Stockholders’ Equity
CL A Common Stock, Par value $.0001 per share; 121,000,000 authorized; 40,279,878 issued and outstanding as of September 30, 2026; 36,920,226 issued and outstanding as of December 31, 2025;			4,028				3,692
Additional Paid-In Capital			24,327,789				2,677,181
Retained Earnings			6,464,936				6,859,982
Total Stockholders’ Equity			30,796,753				9,540,855
Total Liabilities and Stockholders’ Equity		$	37,892,403			$	24,314,108

SYNTEC OPTICS HOLDINGS, INC.
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2026 AND 2025

		September 30, 2026				September 30, 2025				September 30, 2026				September 30, 2025
		Three Months Ended								Nine Months Ended
		September 30, 2026				September 30, 2025				September 30, 2026				September 30, 2025
Net Sales		$	8,542,554			$	6,950,220			$	23,329,778			$	20,578,717
Cost of Goods Sold			6,599,592				6,095,861				18,282,960				15,817,774
Gross Profit			1,942,962				854,359				5,046,818				4,760,943
General and Administrative Expenses			1,730,807				2,072,962				5,289,322				5,597,344
Income (Loss) from Operations			212,155				(1,218,603	)			(242,504	)			(836,401	)
Other (Expense) Income
Other Income (Expense)			(18,500	)			1,162				49,248				9,124
Interest Income			124,008				2,733				203,742				11,766
Interest Expense, Including Amortization of Debt Issuance Costs			(71,089	)			(214,425	)			(405,532	)			(624,290	)
Total Other Income (Expense)			34,419				(210,530	)			(152,542	)			(603,400	)
Income (Loss) Before Provision for (Benefit From) Income Taxes			246,574				(1,429,133	)			(395,046	)			(1,439,801	)
Provision for Income Taxes			-				-				-				9,588
Net Income (Loss)		$	246,574			$	(1,429,133	)		$	(395,046	)		$	(1,449,389	)
Net Income (Loss) per Common Share
Basic and diluted		$	0.01			$	(0.04	)		$	(0.01	)		$	(0.04	)
Weighted Average Number of Common Shares Outstanding
Basic and diluted			40,279,878				36,920,226				38,820,497				36,920,226

SYNTEC OPTICS HOLDINGS, INC.
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2026 AND 2025

		2026				2025
Cash Flows From Operating Activities
Net Loss		$	(395,046	)		$	(1,449,389	)
Adjustments to Reconcile Net Loss to Net Cash Provided By Operating Activities:
Depreciation			1,620,355				2,033,935
Amortization of Debt Issuance Costs			12,416				7,250
Stock-Based Compensation			225,000				225,000
Change in Allowance for Expected Credit Losses			135,991				21,571
Change in Reserve for Obsolescence			(27,053	)			(6,499	)
Changes in Operating Assets and Liabilities:
Accounts Receivable			(241,084	)			(103,308	)
Inventory			546,992				(962,154	)
Prepaid Expenses and Other Assets			262,482				351,473
Accounts Payable and Accrued Expenses			(906,965	)			395,423
Federal Income Tax Receivable			-				179,376
Deferred Revenue			57,624				(16,149	)
Net Cash Provided By Operating Activities			1,290,712				676,529
Cash Flows From Investing Activities
Purchases of Property and Equipment			(1,643,914	)			(643,808	)
Net Cash Used in Investing Activities			(1,643,914	)			(643,808	)
Cash Flows From Financing Activities
Repayments on Line of Credit			(6,763,863	)			-
Borrowing on Line of Credit			-				500,000
Repayments on Debt Obligations - Related Parties			(152,497	)			-
Borrowing on Debt Obligations - Related Parties			200,000				-
Repayments on Debt Obligations			(69,299	)			(346,463	)
Repayments on Finance Lease Obligations			(288,081	)			(207,121	)
Proceeds from Warrants Exercised			12				-
Gross Proceeds from Issuance of Common Stock			22,999,991				-
Payment of Common Stock Issuance Costs			(1,574,059	)			-
Net Cash Provided (Used) By Financing Activities			14,352,204				(53,584	)
Net Increase (Decrease) in Cash			13,999,002				(20,863	)
Cash - Beginning			358,867				598,787
Cash - Ending		$	14,357,869			$	577,924
Supplemental Cash Flow Disclosures:
Cash Paid for Interest		$	370,586			$	622,197
Cash Paid for Taxes		$	-			$	-
Supplemental Disclosures of Non-Cash Investing Activities:
Assets Acquired and Included in Accounts Payable		$	233,062			$	2,050
Issuance of Common Stock for Stock-Based Compensation		$	7			$	23

NON-GAAP RECONCILIATION OF EBITDA
FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2026 AND 2025

		Three Months Ended								Nine Months Ended
		September 30, 2026				September 30, 2025				September 30, 2026				September 30, 2025
Net Income (Loss)		$	246,574			$	(1,429,133	)		$	(395,046	)		$	(1,449,389	)
Stock-Based Compensation Expense BOD (1)			75,000				225,000				225,000				225,000
Depreciation			548,191				646,508				1,620,355				2,033,935
Amortization of Debt Issuance Costs			-				2,416				12,416				7,250
Interest Income			(124,008	)			(2,733	)			(203,742	)			(11,766	)
Interest Expense			71,089				212,009				393,116				617,040
Taxes			-				-				-				9,588
Non-Recurring Items							-								-
Executive Transition (2)			-				329,972				-				579,161
One-time Contract exit costs			-				-				-				21,063
Non-recurring property damage			-				-				23,211				21,261
Incremental auditor transition costs			35,400				-				35,400				-
Adjusted EBITDA		$	852,246			$	(15,961	)		$	1,710,710			$	2,053,143

In the quarters ended September 30, 2026 and 2025:

(1)	Stock-based compensation was issued to independent Board members.
(2)	A succession plan was required for the transition of the CEO at 2024 year-end.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were Syntec Optics’ Q3 2026 revenue and earnings?

Syntec Optics reported $8,542,554 in revenue and $246,574 in net income for the quarter ended September 30, 2026. Revenue increased 23% year over year, while the prior-year quarter had a $1,429,133 net loss. Basic and diluted earnings per share were $0.01, compared with a $0.04 loss.

How did Syntec Optics’ space and defense businesses perform in Q3 2026?

Space Tech revenue increased 117% to $1.3 million, while Defense Tech revenue increased 31% to $4.2 million, both year over year. Together, these markets represented 64% of third-quarter revenue. Syntec expects them to continue driving its performance in subsequent quarters.

How much revenue did Syntec Optics generate from AI Data Center and Other Scientific Instruments in Q3 2026?

Syntec Optics generated $0.2 million in AI Data Center revenue and $0.2 million in Other Scientific Instruments revenue during Q3. The latter category includes products for quantum computing applications.