GlobeNewswire·Nov 13, 2026, 5:57 PM ET

Syntec Optics' (Nasdaq: OPTX) Q3 Hits All Time High Revenue, Profits Grow to Double-Digit Adj EBITDA, and Net Income Surges Positive

OPTX

Syntec Optics Holdings, Inc. reported Q3 2026 revenue of $8.5 million, a 23% increase year-over-year, reaching an all-time high.
The company achieved a net income of $0.2 million for the quarter, a $1.6 million improvement from a $1.4 million loss in the prior-year period.
Gross profit rose 127% year-over-year to $1.9 million, with gross margins nearly doubling compared to the previous quarter.
Selling, general, & administrative expenses decreased by $0.3 million to $1.7 million, contributing to an Adjusted EBITDA of $0.9 million (10% margin).
Total cash reserves increased by $0.3 million to $14.4 million, supported by $1.3 million in cash generated from operating activities over the first nine months.
Revenue was segmented into five end markets: Space Tech ($1.3 million, +117%), Defense Tech ($4.2 million, +31%), Life Sciences ($2.7 million, +12%), AI Data Center ($0.2 million), & Other Scientific Instruments ($0.2 million).
Space Tech & Defense Tech combined accounted for 64% of Q3 revenue, driven by programs including Artemis III, low-Earth orbit reconnaissance, & AR/VR soldier gear.
The company announced new orders for actuator products supporting NASA's Artemis III lunar mission & expanded participation in orbital safety & satellite reconnaissance.
A conference call regarding these results is scheduled for November 17, 2026, at 5:00 p.m. ET, with a webcast & replay available on the company's investor relations website.
Financial statements show a significant increase in additional paid-in capital & a reduction in current liabilities, including the full repayment of the line of credit.

Company: Syntec Optics
Keywords: Nasdaq:OPTX, Syntec Optics, optics, photonics, imaging, scientific instruments, technical instruments, defense, aerospace, biomedical, manufacturing, technology, optx