)
Precision Optics Corporation (POCI) investor relations material
Precision Optics Corporation Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record quarterly revenue of $6.7 million in Q1 FY2026, up 59% year-over-year, driven by strong growth in aerospace and surgical robotics manufacturing programs, offset by declines in engineering and micro-optics revenues.
Secured two major product development agreements in augmented reality for defense and high-res borescope for jet engines, expanding presence in aerospace and defense.
Gross margin declined to 14.2% from 26.6% year-over-year, primarily due to lower engineering utilization, low yields in medical device manufacturing, and delays in defense orders.
Net loss widened to $1.64 million from $1.31 million prior year; adjusted EBITDA was $(1.23) million versus $(1.05) million.
Management expects fiscal 2026 revenue to exceed $25 million and positive adjusted EBITDA of $500,000 despite a Q1 loss.
Financial highlights
Q1 FY2026 revenue: $6.7 million (up from $4.2 million prior year); production revenue: $6.0 million (up 133%); engineering revenue: $656,000 (down 59%).
Gross margin: 14.2% (down from 26.6% prior year); gross profit: $946,358.
Net loss: $1.64 million (vs. $1.31 million prior year); adjusted EBITDA: -$1.23 million (vs. -$1.05 million prior year).
Cash and cash equivalents: $1.39 million at quarter end; debt: $1.7 million.
Net cash provided by operating activities: $78,000; capital expenditures and patent costs: $523,539.
Outlook and guidance
Fiscal 2026 revenue expected to exceed $25 million, with adjusted EBITDA of approximately $500,000.
Management anticipates gross margin improvements and continued execution against a strong backlog.
Product development revenue expected to recover, with 50%-75% sequential growth in Q2.
Capacity expansion underway; post-upgrade, facilities can support double current revenue before further expansion.
Management believes available cash, operations, and access to capital markets will be sufficient for at least 12 months, but may require external financing.
Next Precision Optics Corporation earnings date
Next Precision Optics Corporation earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)