NASDAQ$OPTX
Syntec Optics Holdings Inc · Q1 2026 earnings
Q1 2026 earnings · · Investor relations
Briefing
Syntec Optics Holdings Inc reported a net loss of $0.9 million for Q1 2026 as sales declined and costs rose.
The company posted net sales of $6.5 million, down 8% year-over-year, primarily due to a $1.0 million drop in medical market revenue. Gross profit fell sharply to $1.0 million from higher material costs, resulting in an operating loss of $0.8 million and a net loss of $0.9 million. Cash increased to $0.6 million after positive operating cash flow and new related-party borrowing.
- Net sales declined 8% to $6.5 million, driven by a $1.0 million reduction in medical end-market revenue.
- Gross margin compressed to 15% from 33% due to higher aluminum material costs and lower volumes.
- Net loss of $0.9 million versus prior-year profit of $0.3 million; adjusted EBITDA turned negative at $(96,080).
- Subsequent $21.5 million equity offering and full repayment of the revolving credit facility strengthened liquidity.
Headline financials
Revenue & EPS history
Syntec Optics · Revenue · Quarterly
$6.51M
Revenue by segment
Syntec Optics · $6.51M total across 4 segments · Q1 2026
- Communication$1.84M—28.3%
- Consumer$1.59M—24.5%
- Defense$1.56M—23.9%
- Medical$1.52M—23.3%
Forward guidance
No explicit quantitative guidance provided; management highlighted focus on defense, medical, consumer and communications markets with ongoing automation and potential bolt-on acquisitions.
Tailwinds
- Completed $21.5 million equity offering post-quarter to strengthen balance sheet
- Revolving credit facility extended to June 2027 with covenants waived
- New customer-driven capital equipment investment supporting future growth
Headwinds
- Non-compliance with prior financial covenants required waiver and full pay-down
- Continued pressure on gross margins from material cost inflation
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 10 quarterly earnings reports · overlaid with Q1 2026
-2.6%
Avg return
Earnings day
-3.7%
Avg return
5 days after
-9.6%
Avg return
30 days after
18%
2 / 11 earnings
Positive
+68.5%
Q2 2024
Best reaction
-32.9%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -6.3% | +17.6% | — | |
| Q3 2025 | -5.0% | -32.0% | -24.1% | |
| Q2 2025 | -6.1% | +4.1% | +22.5% | |
| Q1 2025 | -16.3% | -22.2% | +7.5% | |
| Q3 2024 | -32.9% | -40.7% | -36.4% | |
| Q2 2024 | +68.5% | +66.7% | +26.9% | |
| Q4 2023 | -7.0% | -13.7% | -0.7% | |
| Q4 2022 | -7.0% | -0.9% | -20.7% | |
| Q1 2024 | +0.3% | +4.4% | -19.0% | |
| Q3 2023 | -17.0% | -23.9% | -51.8% | |
| Q2 2023 | -0.2% | -0.2% | -0.2% |
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