Welcome to our dedicated page for Optex Systems news (Ticker: OPXS), a resource for investors and traders seeking the latest updates and insights on Optex Systems stock.
Optex Systems Holdings, Inc. reports developments tied to its business as a manufacturer of precision optical sighting systems and assemblies for defense and commercial applications. The company’s updates commonly cover contract awards for optical assemblies, laser protection filters, night vision goggle components, periscopes, rifle and surveillance sights, and other products used on military vehicle and optical programs.
News about OPXS also includes earnings releases, backlog and margin commentary, research and development activity, and appointments in optical engineering and optical coatings technology. Its recurring customer channels include direct military sales and work with prime contractors, with product references spanning platforms such as Abrams, Bradley, Light Armored and Armored Security Vehicles, and the Stryker family of vehicles.
Optex Systems (Nasdaq:OPXS) reported fiscal Q2 2026 revenue of $9.6M, down 10.3% year over year, with net income of $1.3M or $0.19 per diluted share.
Gross margin improved to 35.2%. Six‑month revenue was $18.8M and Adjusted EBITDA $2.8M. The company guides full‑year 2026 revenue to $43–$45M and Adjusted EBITDA to $7.5–$8.5M, versus 2025 revenue of $41.3M and Adjusted EBITDA of $8.0M. New orders reached $16.3M year to date, working capital was $22.6M, cash was $4.2M, and there was no debt on the revolving credit facility.
Optex Systems (Nasdaq:OPXS) announced on May 1, 2026 the appointment of Lionel Liebman as Director of Optical Engineering. Mr. Liebman brings over 30 years of experience in commercial and defense optical systems, holds four patents, and will lead product enhancement and new technology development.
He previously served as Senior Manager of Optical Engineering at Raytheon, held roles at Lockheed Martin, and holds a B.S. in Optical Engineering from the University of Arizona. CEO Chad George said the hire will strengthen technology development and support growth in the defense market.
Optex Systems (Nasdaq:OPXS) said it received a $1.23 million U.S. Government order for laser interference filters to support Night Vision Goggle programs. Deliveries start in Q4 of fiscal calendar year 2026 and continue into early 2027. The company reported a backlog in excess of $36.8 million.
Management noted the order is a delivery release under an existing five-year IDIQ contract and cited delivery and quality performance as factors in securing the release.
Optex Systems Holdings (Nasdaq: OPXS) reported results for the three months ended December 28, 2025, with revenue of $9.145M (up 11.6% YoY) and gross profit $2.096M (gross margin 22.9%, down from 26.0%).
Operating income was $0.15M and net income $0.24M, both lower YoY. Adjusted EBITDA was $0.73M. The company booked $7.9M in new orders and approved a $10M share repurchase program on February 9, 2026.
Optex Systems (Nasdaq: OPXS) won a $2.19 million contract from a U.S. Government prime contractor to supply optical assemblies supporting an enhanced Night Vision Goggle program.
Deliveries begin in Q2 2026 and run through early 2027. The company reported backlog now exceeds $38 million, and will supply laser protection filters and high-volume thin-film coatings.
Optex Systems (Nasdaq: OPXS) will report fiscal 2026 first quarter results and host an investor conference call on February 11, 2026 at 4:30 pm ET. The company provided dial-in numbers and Conference ID OPXSQ126. Earnings release and non-GAAP disclosures will be posted at the investor relations site.
Optex Systems (Nasdaq:OPXS) announced on January 5, 2026 that Brian Bushnell has been appointed Director of Optical Coating Technology, effective the same date.
Mr. Bushnell joins from Raytheon in McKinney, Texas, where he spent eight years in managerial roles, most recently as Senior Manager of Mechanical Engineering. He holds an MBA from Texas A&M University - Commerce, a Master of Applied Physics from the University of Texas at Dallas, and a BS in Mechanical Engineering from the University of Texas at Arlington.
Optex says he will lead thin-film coating development and operational improvements across visible to infrared optics.
Optex Systems Holdings (Nasdaq:OPXS) reported fiscal 2025 results for year ended September 28, 2025 showing a 21.6% revenue increase to $41.3M and gross profit of $12.1M (29.2% margin). Operating income rose to $7.1M and net income applicable to common shareholders was $5.15M (basic EPS $0.75). Adjusted EBITDA improved to $8.03M. Cash climbed to $6.4M with working capital of $21.1M. New orders totaled $36.2M (down 0.5%). The company plans $2.4M capital spending and disclosed an $0.8M asset impairment. CEO Danny Schoening notified resignation effective December 20, 2025; Chad George named CEO effective the same date. Management cited U.S. government funding delays as a potential FY2026 revenue headwind.
Optex Systems (Nasdaq: OPXS) announced a new contract for Optical Sub-Assemblies with an order value of $2.33M. The contract specifies deliveries from April 2026 through December 2026.
The company said the work supports a long-term commercial customer and noted that Optex's current backlog is in excess of $38 million. The award adds near-term revenue visibility for 2026 production and contributes to the company's announced backlog.
Optex Systems Holdings (Nasdaq:OPXS) announced that Chad George will become President and Chief Executive Officer effective December 20, 2025. Mr. George was previously President and will assume full executive leadership and a seat on the board.
Mr. George has 20+ years in defense manufacturing and operations, with prior roles at Leonardo DRS and Raytheon, and holds a Bachelor’s in Industrial Engineering and an MBA. Outgoing CEO Danny Schoening, after 13 years as CEO, will remain on the board as Chairman.