Earnings summaries and quarterly performance for Optex Systems Holdings.
Executive leadership at Optex Systems Holdings.
Board of directors at Optex Systems Holdings.
Research analysts covering Optex Systems Holdings.
Recent press releases and 8-K filings for OPXS.
Optex Systems Reports Fiscal Year 2025 Financial Results and Announces CEO Transition
OPXS
Earnings
CEO Change
Board Change
- Optex Systems Inc. reported net income of $5.1 million and adjusted EBITDA of $8 million for the fiscal year ended September 28, 2025, representing increases from $3.8 million and $5.7 million, respectively, in the prior fiscal year.
- The company's gross profit improved to 29.2% in fiscal year 2025, up from 28% in the prior fiscal year, contributing to a 47.9% increase in operating income to $7.1 million.
- New orders for the 12 months ended September 28, 2025, were $36.2 million, a 0.5% decrease from the prior year's $36.4 million, and the backlog as of September 28, 2025, was $39.1 million, down from $44.2 million in the prior year.
- The company attributed the reduced demand and slowdown in contract awards to delays in government programs, including the ARC3 Abrams replenishment and BNVG Night Vision Goggle programs, as well as the October 2025 government shutdown.
- Chad George was appointed CEO, effective December 20, 2025, succeeding Danny Schoening, who will remain Chairman of the Board and Facility Security Officer. George was also appointed as a Director, increasing the total board seats from four to five.
Dec 17, 2025, 10:00 PM
OPXS Reports Strong FY 2025 Financial Results, Announces CEO Transition, and Notes Decreased Orders
OPXS
Earnings
CEO Change
Demand Weakening
- For fiscal year 2025, OPXS reported operating income of $7.1 million, a 47.9% increase from the prior year, and net income of $5.1 million. Adjusted EBITDA increased to $8 million, with gross profit improving to 29.2%.
- The company achieved 21.6% revenue growth in 2025 and plans for double-digit growth in 2026.
- New orders for fiscal year 2025 were $36.2 million, a 0.5% decrease from the prior year, and backlog decreased to $39.1 million as of September 28, 2025, attributed to delays in government contracts and appropriations.
- Danny Schoening resigned as CEO, effective December 20, 2025, and Chad George was appointed as his successor; Schoening will remain Chairman of the Board.
Dec 17, 2025, 10:00 PM
Optex Systems Reports Strong FY 2025 Financial Results and Announces CEO Transition
OPXS
Earnings
CEO Change
Demand Weakening
- Optex Systems Inc. reported improved financial performance for fiscal year 2025, with operating income increasing 47.9% to $7.1 million and net income applicable to common shareholders rising to $5.1 million from $3.8 million in the prior year. Adjusted EBITDA also grew to $8 million from $5.7 million.
- New orders for fiscal year 2025 decreased slightly by 0.5% to $36.2 million, and the backlog as of September 28, 2025, was $39.1 million, down from $44.2 million in the prior year. This reduction is primarily attributed to delays in government contracts and appropriations bills, with the slowdown continuing into the first fiscal quarter of 2026.
- Danny Schoening will resign as CEO, effective December 20, 2025, and Chad George will succeed him as CEO and join the board of directors. Mr. Schoening will remain as Chairman of the Board.
- The company plans for double-digit growth in 2026 and anticipates starting production on new multi-year programs, including the Lightweight Transit and driver periscope assembly for the XM30.
Dec 17, 2025, 10:00 PM
Optex Systems Holdings, Inc. Announces Strong FY 2025 Financial Results and CEO Transition
OPXS
Earnings
CEO Change
Revenue Acceleration/Inflection
- Optex Systems Holdings, Inc. reported a 21.6% increase in revenue to $41.3 million and a 36.6% increase in net income to $5.1 million for the fiscal year ended September 28, 2025.
- Danny Schoening will resign as CEO, effective December 20, 2025, but will remain Chairman of the Board; Chad George, the current President, will assume the CEO role on the same date.
- The company's working capital increased to $21.1 million as of September 28, 2025, from $15.1 million in the prior year, and it generated $6.9 million in operating cash during the fiscal year.
- New orders for the year ended September 28, 2025, saw a slight 0.5% decrease to $36.2 million, with potential funding delays from the recent government shutdown anticipated to affect fiscal year 2026 revenue.
Dec 17, 2025, 9:05 PM
Syntec Optics Achieves Satellite Optics Production Milestone
OPXS
New Projects/Investments
Product Launch
Revenue Acceleration/Inflection
- Syntec Optics has manufactured over 17,000 satellite optics to support low-Earth-orbit satellite launches, enabling a laser mesh network for in-space data routing.
- The company utilizes decades of experience in the advanced manufacturing of extremely high-tolerance optics, which are critical for achieving super high tolerances.
- The satellite market is projected to grow from $15 billion to $108 billion by 2035 (Goldman Sachs), with the global space economy forecasted to reach $1 trillion by 2040 (Morgan Stanley).
Oct 20, 2025, 12:15 PM
Quarterly earnings call transcripts for Optex Systems Holdings.
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