Every 8-K that Optex Systems Holdings, INC (OPXS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow OPXS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full OPXS filings page.
Optex Systems Holdings, Inc. reported fiscal Q3 2026 results showing lower revenue but stronger margins. Revenue for the three months ended June 28, 2026 was $9.7 million, down 12.4% from $11.1 million a year earlier, mainly due to a federal government shutdown, delayed appropriations, and about $1.5 million of periscope deliveries pushed into Q4. For the nine-month period, revenue was $28.5 million versus $30.0 million, a 5.1% decline.
Despite this, gross profit increased and gross margin improved to 34.2% in Q3 from 28.5%, helped by completion of loss-making contracts, better pricing, favorable mix, and operational efficiencies. Q3 net income was $1.3 million, down from $1.5 million, and Adjusted EBITDA was $1.8 million, down 17.0%. For the nine months, net income was $2.9 million and Adjusted EBITDA $4.5 million, both below prior-year levels.
The company reiterated full-year fiscal 2026 revenue guidance of $43–$45 million (vs. $41.3 million in 2025) and expects full-year Adjusted EBITDA of $7.5–$8.5 million (vs. $8.0 million in 2025). It highlighted a solid funded backlog, approximately $4 million anticipated laser filter orders, over $24 million in outstanding quotations, and $1.1 million of capital spending plus $2.8 million committed to expand capacity and support new products.
Optex Systems Holdings, Inc. entered into a Master Equipment Finance Loan and Security Agreement with Texas Capital Bank, under which the bank provided a $246,783 interim loan to fund the first installment of an approximately $2.1 million high vacuum coating system.
The interim loan is secured by the coating system, bears interest at the secured overnight financing rate or a base rate plus 2.75%, and must be repaid or converted into a term loan by January 10, 2027. Optex expects to finance remaining installments through additional secured funding under the agreement, and is subject to covenants including a minimum fixed charge coverage ratio of 1.25:1 and a total leverage ratio of 3.00:1, along with cross-default, cross-collateralization and prepayment indemnity provisions.
Optex Systems Holdings, Inc. filed a current report to notify investors that it has posted an updated investor presentation on its investor relations webpage. The presentation is available under the presentations and events section of the company’s website.
The filing specifies that this information is furnished under Item 7.01 Regulation FD Disclosure, meaning it is provided for fair disclosure purposes and is not deemed filed under the Securities Exchange Act or the Securities Act. It will not be incorporated into other company filings unless expressly referenced.
Optex Systems Holdings, Inc. reported that Chief Financial Officer and Secretary Karen Hawkins has informed the company she intends to resign, effective upon the expiration of her current employment agreement on December 31, 2026. She notified the company on June 12, 2026. The company has started searching for a successor and may engage her as a consultant on an interim basis after that date to support the transition. Hawkins is leaving for personal reasons, and the company states there were no disagreements with her and that her departure is not related to operations, policies, practices, or accounting matters.
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, 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, Inc. disclosed that it has released its financial results for the fiscal fourth quarter and full year ended September 28, 2025. On December 17, 2025, the company issued a press release detailing these results and furnished that release as Exhibit 99.1 to this report. The press release, rather than this report, contains the specific revenue and earnings figures for the period.
Optex Systems Holdings, Inc. (OPXS) will present at the 2025 Annual Gateway Conference on September 4, 2025 at 11:30 a.m. Pacific Time in San Francisco at the Four Seasons Hotel. The company says the slide deck for its presentation will be posted on its investor relations webpage immediately prior to the presentation. The filing is an Item 7.01/8-K notice signed by Karen Hawkins, Chief Financial Officer. No earnings, transaction, or other financial data are included in this notice.
Optex Systems Holdings, Inc. appointed Chad George as President effective August 11, 2025, while Danny Schoening remains Chairman and CEO. Mr. George brings 20 years of operations and supply chain experience in the defense sector, most recently serving as Vice President of Operations and Supply Chain at Leonardo DRS (Jan 2022–Aug 2025) and previously as Factory Manager and Operations Leader at Raytheon (Apr 2009–Mar 2021). He holds a B.S. in Industrial Engineering from Oklahoma State University and an MBA from the University of Texas at Dallas.
The company entered an employment agreement effective August 11, 2025 through July 1, 2028 with automatic one-year extensions unless terminated with 90 days’ notice. Mr. George’s initial base salary is $300,000 with 3.5% annual increases, a target bonus of 30% of base salary ( Board may adjust +/-20%), 200 hours paid vacation/PTO, and customary benefits. Termination provisions include payment of accrued salary and, for termination without cause or resignation for good reason, six months’ base salary. The Board granted Mr. George 10,000 restricted shares vesting on January 1, 2026. The employment agreement is filed as Exhibit 10.1.
Effective August 10, 2025, the Board amended the Bylaws: added shareholder proposal and nomination deadlines, created a Chief Executive Officer office allowing CEO and President to be separate, added expanded director and officer indemnification, and adopted a forum selection clause directing derivative and fiduciary duty actions to Delaware Chancery Court (or federal court in Delaware) and securities class actions to federal court. The amended Bylaws are filed as Exhibit 3.1.