Welcome to our dedicated page for Optex Systems SEC filings (Ticker: OPXS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Optex Systems Holdings, Inc. filings document the company’s public-company reporting as a defense optics manufacturer with common stock traded under OPXS. Recent Form 8-K disclosures cover furnished financial results, Regulation FD materials, capital-allocation actions such as stock repurchase authorization, and leadership or compensatory arrangements.
Proxy and annual meeting filings describe board elections, shareholder voting results, auditor ratification, and related governance matters. The filing record also provides formal disclosure around operating results, common-stock matters, board oversight, executive appointments, and exhibits tied to the company’s reporting obligations under the Exchange Act.
Optex Systems Holdings reported fiscal Q2 2026 results with softer sales but stronger margins. Revenue for the quarter was $9.6 million, down 10.3% from the prior year period, while six‑month revenue was essentially flat at $18.8 million. Management attributed the first‑half revenue impact to the federal government shutdown and delayed approval of the fiscal 2026 appropriations bill, which pushed several contract awards into the second half.
Despite lower revenue, quarterly gross profit rose slightly to $3.4 million and gross margin improved to 35.2% from 31.3%, helped by completed loss‑making contracts, better pricing on newer programs, and operational efficiencies. Operating income and net income declined year over year for both the quarter and first half as operating expenses increased from leadership transition costs, higher stock compensation, increased R&D spending, and CMMC and systems investments. The company expects stronger second‑half revenue and now anticipates full‑year fiscal 2026 revenue of $43–45 million versus $41.3 million in 2025, with Adjusted EBITDA projected between $7.5 million and $8.5 million compared to $8.0 million in 2025.
Optex Systems Holdings reported softer results for the quarter ended March 29, 2026. Revenue fell to $9.6M from $10.7M, mainly from weaker sales at the Applied Optics Center, while segment revenue at Optex Richardson held up better over the six‑month period.
Despite lower sales, gross margin improved to 35.2% from 31.3%, helped by the completion of loss‑making contracts, favorable warranty reserve adjustments, and lower contract loss reserves. However, higher general and administrative expenses, including increased labor, stock‑based compensation, and professional fees, reduced operating income.
Six‑month revenue was stable at $18.8M, but net income declined to $1.6M from $2.6M as overhead rose. Operating cash flow turned negative $(1.3M) compared with strong cash generation a year earlier, while cash on hand decreased to $4.2M. The company had no debt drawn on its $3M revolving credit facility and authorized a new $10M share repurchase program, though no shares have been repurchased yet.
Optex Systems Holdings Inc beneficial ownership filing shows Wasatch Advisors holds 398,148 shares of common stock, representing 5.7% of the class. The filing lists 347,669 shares as sole voting power and 398,148 shares as sole dispositive power. The submission is signed by Mike Yeates, CEO, dated 04/22/2026.
Optex Systems Holdings’ CEO and President George Chad Michael sold 7,035 shares of common stock in an open-market transaction. The sale occurred on March 11, 2026 at a weighted average price of $13.62 per share, with individual trades ranging from $13.53 to $13.89.
These were direct holdings, and his directly owned common shares reported in this filing decreased to 0 shares following the transaction. The company notes the price is a weighted average across multiple trades and underlying trade details are available upon request.
Optex Systems Holdings Inc reported an amended insider transaction for CEO and President George Chad Michael. He received a grant of 10,000 shares of common stock on August 11, 2025, with no cash paid per share. Of this grant, 2,965 shares were withheld the same day to satisfy tax withholding obligations, leaving him with 7,035 shares of common stock held directly after the transactions. The amendment clarifies the original report by explicitly showing the tax-withholding disposition and updating his beneficial ownership.
Optex Systems Holdings, Inc. reported results of its 2026 annual shareholder meeting held on March 9, 2026. Shareholders representing 5,814,286 of 6,937,358 outstanding common shares were present or represented by proxy, which was sufficient to conduct business.
All five director nominees — Chad M. George, Dayton Judd, Dale E. Lehmann, R. Rimmy Malhotra, and Danny R. Schoening — were elected to the board. Shareholders also ratified the appointment of Whitley Penn LLP as the company’s independent registered public accounting firm for the fiscal year ending September 27, 2026, with 5,802,742 votes for, 10,622 against, and 922 abstentions.
Optex Systems Holdings reported mixed quarterly results and launched a new stock repurchase program. For the three months ended December 28, 2025, revenue rose 11.6% to $9.1 million, driven by a 55.9% sales increase at the Optex Richardson segment, while Applied Optics Center revenue fell 20.1%.
Gross margin declined from 26.0% to 22.9%, mainly due to loss reserves tied to sharply higher gold prices on legacy contracts. Net income dropped to $0.2 million from $0.8 million as operating expenses increased 58.3%, including $0.3 million of non-recurring CEO transition and senior staff retirement costs.
The Board terminated the prior stock buyback and approved a new repurchase program authorizing up to $10 million of common stock. Optex ended the quarter with $5.8 million in cash, no borrowings on its credit line, working capital of $21.2 million, and booked $7.9 million in new orders, up 31.7% year over year.
Optex Systems Holdings’ quarterly revenue grew but profits fell sharply. For the three months ended December 28, 2025, revenue rose 11.6% to $9.1 million, driven by stronger periscope and sighting-system sales at the Optex Richardson segment, while Applied Optics Center revenue declined.
Gross margin slipped from 26.0% to 22.9% as higher material costs and loss-making contracts, particularly at Applied Optics Center, pressured profitability. Net income dropped to $0.2 million from $0.8 million, and operating cash flow turned slightly negative. Even so, Optex ended the quarter with $5.8 million in cash, no debt, and a backlog of $37.9 million.
Subsequently, the company reported a new $2.2 million laser filter order and authorized a new stock repurchase program of up to $10 million, signaling continued investment in its defense optics franchise and capital return to shareholders.