Precision Optics
Designs and manufactures medical-imaging systems and optical components for defence and aerospace.
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Profile
Produces medical-imaging systems and miniature optical components, then carries customer programs from development into manufacturing. Its operating areas combine systems manufacturing, engineering and product development, Ross Optical components and assemblies, and a micro-optics laboratory for medical and defence/aerospace applications.
Designs and manufactures miniature optical systems for medical imaging and defence/aerospace uses. Its systems manufacturing, engineering and product development, Ross Optical components and assemblies, and micro-optics laboratory connect customer programs from concept through production.
Medical products include endoscopes, endocouplers, CMOS-based digital-imaging endoscopes, custom imaging and illumination products, Microprecision lenses, and complete medical devices. Ross Optical supplies lenses, prisms, mirrors, windows, coatings, and mechano-optical assemblies to defence, medical, and industrial applications.
Operations are concentrated in Massachusetts, with additional facilities in Texas and Maine. The business depends on customer programs advancing from engineering work to later-volume manufacture and on serving regulated medical-device and defence/aerospace applications.
Company facts
Key statistics
Year to date +3.5% · Average volume (30d) 43.8K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| May 13, 2026Q3 FY26 | −$0.06 | −$0.01 | +83.3% | $7.1M | $8.7M | +21.7% | +3.91% |
| Feb 17, 2026Q2 FY26 | — | −$0.23 | — | — | $7.4M | — | −0.64% |
| Sep 29, 2025Q4 FY25 | — | −$0.18 | — | — | $6.2M | — | −0.91% |
| May 15, 2025Q3 FY25 | — | −$0.30 | — | — | $4.2M | — | −5.24% |
Financial highlights
| 12 quarters | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $4.5M | $4.2M | $6.2M | $6.7M | $7.4M | $8.7M | |
| Gross profit | $1.1M | $418.0K | $799.2K | $946.4K | $204.7K | $2.1M | |
| Operating income | −$910.0K | −$2.0M | −$1.4M | −$1.6M | −$1.7M | −$64.5K | |
| Net income | −$969.7K | −$2.1M | −$1.4M | −$1.6M | −$1.8M | −$108.3K | |
| Diluted EPS | −$0.15 | −$0.30 | −$0.21 | −$0.21 | −$0.23 | −$0.01 | |
| Gross margin | 23.6% | 10.0% | 12.9% | 14.2% | 2.8% | 23.6% | |
| Operating margin | -20.1% | -48.7% | -21.9% | -23.9% | -23.6% | -0.7% |
Fiscal years (4-quarter sums)FY21 $10.7M · FY22 $15.7M · FY23 $21.0M · FY24 $19.1M · FY25 $19.1M
Revenue by product · Q3 FY26
Balance sheet, Mar 31, 2026Cash & short-term investments $10.7M · Total debt $4.3M · Total assets $33.7M · Shareholders' equity $20.1M
Dividends
No dividends on record.
Ownership
Shares outstanding 10.94M · Float 7.94M · 72.6% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Needham Investment Management L.L.C. | 1.67M | 15.30% | 13G | May 14, 2026 |
| Brian L. Pessin | 550.7K | 5.00% | 13D | Mar 31, 2026 |
| Teller Richard E | 420.3K | 5.45% | 13G | Nov 21, 2025 |
| Myda Advisors LLC | 400.0K | 3.65% | 13F | May 14, 2026 |
| Peter H. Woodward · director | 342.6K | 3.13% | Form 4 | May 20, 2025 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Mar 30, 2026 | Joseph Traut | officer: Chief Operating Officer | +41,666 | $3.60 |
| Mar 30, 2026 | Joseph Norman Forkey | director, officer: Chief Executive Officer | +1,388 | $3.60 |
| Mar 30, 2026 | Wayne M. Coll | officer: Chief Financial Officer | +20,833 | $3.60 |
Peers
- LightPath Technologies
Precision optical components and assemblies for medical and defense uses
- Teledyne Technologies
Digital imaging and aerospace/defense systems for high-reliability markets
- Stryker
Surgical endoscopy platforms and camera systems for clinical procedures
- CONMED
Single-use and capital endoscopic products for surgical procedures
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Precision Optics | $4.40 | 0.00% | $48.2M | — | — | 1.7 | +107.8% |
| LightPath Technologies | $11.20 | −0.21% | $705.1M | — | — | 11.2 | +108.9% |
| Teledyne Technologies | $621.96 | +0.02% | $28.83B | 30.0 | 24.4 | 4.5 | +9.8% |
| Stryker | $334.18 | +1.06% | $126.77B | 34.3 | 20.6 | 4.9 | +9.4% |
| CONMED | $49.53 | −1.06% | $1.50B | 27.0 | 11.2 | 1.1 | +0.3% |
| Median | 30.0 | 20.6 | 4.7 | +9.6% |