Precision Optics Q2 revenue surges

Precision Optics

17/02/2026 21:37

Overview

Optical instruments maker's fiscal Q2 revenue rose 63% yr/yr to a record $7.4 mln

Company reported gross margins of 2.8%, down from 23.6% yr/yr

Net loss widened to $1.8 mln from $1.0 mln yr/yr

Outlook

Company projects FY 2026 revenue between $26 mln and $28 mln

Precision Optics expects FY 2026 Adjusted EBITDA of $(2.5) to $(3.0) mln

Company anticipates margin improvement in the second half of fiscal year

Result Drivers

PRODUCTION GROWTH - Record revenue driven by 105% year-over-year growth in production, particularly in aerospace and single-use cystoscope programs

MARGIN DECLINE - Gross margins fell to 2.8% due to inefficiencies in ramping production and infrastructure investments

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Net Income
-$1.80 mln
Q2 Adjusted EBITDA
-$1.50 mln
Q2 Gross Margin
2.80%


Press Release: ID:nGNX9XphBg

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)