Overview

* Precision Optics fiscal Q1 2026 revenue grows 59% yr/yr to a record $6.7 mln

* Company reports fiscal Q1 net loss of $1.6 mln, wider than last year

* Gross margins decline to 14.2% from 26.6% due to lower engineering revenue

Outlook

* Company projects FY 2026 revenue to exceed $25 mln, a 31% growth over FY 2025

* Precision Optics ( POCI ) expects FY 2026 Adjusted EBITDA to be approximately $0.5 mln

* Company anticipates gross margin improvements in subsequent quarters

Result Drivers

* PRODUCTION REVENUE - Record production revenue growth driven by demand from aerospace and surgical robotics customers

* GROSS MARGIN DECLINE - Decline attributed to lower engineering revenue and underutilization of resources

* NEW DEVELOPMENT AGREEMENTS - Secured agreements for AR system sub-assemblies and high-resolution borescope, expanding aerospace exposure

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q1 $2.50

Revenue mln

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(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.)