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 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.
Optex Systems Holdings, Inc. is calling a virtual 2026 Annual Meeting of shareholders on March 9, 2026 at 10:00 a.m. Central Time via listen-only conference call. Shareholders of record as of January 12, 2026, when 6,937,358 common shares were outstanding, may vote.
Investors are being asked to elect five directors for one-year terms, including new CEO and President Chad M. George, and to ratify Whitley Penn LLP as independent auditor for the fiscal year ending September 27, 2026. The Board unanimously recommends voting “FOR” all director nominees and “FOR” auditor ratification.
The proxy describes a leadership structure where Danny R. Schoening serves as non-executive Chairman and facilities security officer after resigning as CEO in December 2025, with George succeeding him. It outlines board committee roles, director independence, codes of ethics and insider trading policies, and details executive employment agreements, performance-based equity awards and director cash-and-stock compensation, along with pay-versus-performance and ownership information.
Optex Systems Holdings Inc. director and 10% owner Danny Robert Schoening reported automatic sales of common stock under a pre-arranged Rule 10b5-1 trading plan. On January 7, 2026, he sold 27,946 shares at a weighted average price of $13.44 per share. On January 8, 2026, he sold 2,815 shares at a weighted average price of $13.55 and 26,109 shares at a weighted average price of $14.11, all in multiple trades within the stated price ranges. Following these transactions, Schoening directly beneficially owned 796,730 shares of Optex common stock.
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. filed its annual report describing a defense‑focused optics business supplying periscopes, sighting systems and thin‑film coated optical assemblies to U.S. and foreign military and commercial customers. About 90% of revenue in the twelve months ended September 28, 2025 came from U.S. military programs, and roughly 70% from U.S. government agencies and four large defense contractors.
The company highlights multiple recent awards, including a five‑year Abrams sighting system contract with potential value up to $10.2 million, a $5.7 million order for laser filter units supporting XM157 scopes, a $4.3 million BAE Systems order, and several other U.S. prime and DLA contracts. A U.S. government shutdown from October to November 2025 and a continuing resolution through January 2026 slowed awards and may affect fiscal 2026 revenue.
Leadership is shifting as long‑time CEO Danny Schoening plans to resign effective December 20, 2025, with President Chad George becoming President and Chief Executive Officer under a new employment agreement running through December 31, 2028. The board expanded from four to five seats, adding George as a director. As of December 16, 2025, Optex Systems had 6,937,358 common shares outstanding and employed 132 full‑time equivalent staff.
Optex Systems (OPXS) director reported acquiring 4,000 shares of common stock on 11/04/2025 (Transaction Code A). The award is subject to 100% vesting on January 1, 2027, and the NASDAQ closing price on the grant date was $16.74. Following the transaction, the director beneficially owns 98,278 shares directly and 1,887 shares indirectly through Nicoya Fund LLC.
Optex Systems (OPXS) reported an insider transaction: a director and 10% owner acquired 4,000 shares of common stock on November 4, 2025 at $16.74 per share. Following the transaction, the reporting person beneficially owned 51,600 shares directly, plus 786,006 shares indirectly through Sudbury Capital Fund, LP, and 25,000 shares indirectly via a SEP‑IRA. The filing notes the award vests 100% on January 1, 2027, and that the NASDAQ closing price on the grant date was $16.74.
Optex Systems (OPXS) reported an insider equity award. Director Dale Lehmann acquired 4,000 shares of common stock on 11/04/2025 (transaction code A) at the NASDAQ closing price of $16.74 per share.
The grant vests 100% on January 1, 2027. Following the award, Lehmann beneficially owns 122,721 shares, held directly.