PRECISION OPTICS CORPORATION (POCI) Company Report

Precision Optics reported record quarterly revenue of $6.7 million for Q1 fiscal year 2026, an increase of 46% compared to the same quarter a year ago when backing out tariff reimbursements.
The company expects fiscal year 2026 revenue to be in excess of $25 million and anticipates approximately $500,000 of positive adjusted EBITDA for the year, despite a Q1 net loss of $1.6 million and negative adjusted EBITDA of $1.2 million.
Gross margins for Q1 2026 were 14.4%, an improvement from the prior sequential quarter's 12.9%, with expected further improvements due to increased production levels, renegotiated pricing, and recovery in product development and micro-optics divisions.
Key manufacturing programs, including the aerospace program ($2.5 million net of tariffs) and the single-use cystoscope program ($1.5 million net of tariffs), continued to drive revenue growth, with the aerospace program having a backlog of over $9 million.
The product development pipeline is recovering, with two new large development agreements totaling about $1.4 million announced, focusing on augmented reality systems for defense and high-resolution borescopes for jet engine inspection.

Nov 13, 2025, 10:00 PM

Precision Optics Corporation Provides FY26 Guidance and Highlights Growth Drivers

POCI

Guidance Update

Revenue Acceleration/Inflection

New Projects/Investments

Precision Optics Corporation (POCI) is experiencing an inflection point as two major programs transitioned from product development to manufacturing in fiscal 2025, leading to a substantial increase in manufacturing revenue.
The company provided fiscal 2026 guidance, projecting $25 million in total revenue, an increase of over 30% from fiscal 2025's $19 million, with expectations for gross margins to recover to 30% and a return to positive adjusted EBITDA.
POCI holds a record backlog of nearly $18 million, offering strong visibility for the next twelve months, and is implementing strategic initiatives including facility upgrades and the new "Unity" platform to accelerate product development and support continued growth.

Sep 30, 2025, 2:15 PM

Precision Optics Corporation Reports Record Q4 2025 Revenue and Provides FY 2026 Guidance

POCI

Earnings

Guidance Update

Revenue Acceleration/Inflection

Precision Optics Corporation achieved record quarterly revenue of $6.2 million in Q4 fiscal year 2025, contributing to a total fiscal year 2025 revenue of $19.1 million. This growth was primarily driven by the transition of two major programs, one with an aerospace company and another with a surgical robotics company, into production.
For fiscal year 2026, the company projects revenue of approximately $25 million, an increase of over 30% from fiscal year 2025, with the systems manufacturing business expected to grow by at least 75%.
Gross margins were 13% in Q4 2025 and 18% for fiscal year 2025, impacted by production challenges with the single-use cystoscope program and tariff costs. The company anticipates a significant recovery, guiding for a blended gross margin of approximately 30% for fiscal year 2026, with improvements expected to be back-half weighted.
To address operational challenges and support growth, Precision Optics Corporation has renegotiated pricing and secured tariff reimbursements for key programs, invested in new facilities, and appointed Joe Trout as the new Chief Operating Officer starting October 1.