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Optex Systems Holdings Inc (OPXS) Fundamental Analysis & AI Grade 2026

OPXS Nasdaq Optical Instruments & Lenses DE CIK: 0001397016
Updated This Month • Analysis: May 14, 2026 • SEC Data: 2026-03-29
Combined AI Grade
C
66% Confidence
AGREEMENT
C
70% Conf
B
62% Conf

📊 OPXS Key Takeaways

Revenue: $18.8M
Net Margin: 8.4%
Free Cash Flow: $-2.2M
Current Ratio: 7.28x
Debt/Equity: 0.00x
EPS: $0.23
AI Grade: C with 70% confidence
Optex Systems Holdings Inc (OPXS) receives a C fundamental grade with 66% confidence from our AI analysis based on SEC 10-K filings. With revenue of $18.8M, net profit margin of 8.4%, and return on equity (ROE) of 6.0%, Optex Systems Holdings Inc demonstrates mixed fundamentals in the Industrial sector. Below is our complete OPXS stock analysis for 2026.

Is Optex Systems Holdings Inc (OPXS) a Good Investment?

Claude

Despite impressive net income growth and strong balance sheet liquidity, Optex Systems faces a critical disconnect between GAAP profitability and operational cash generation, with negative operating cash flow of -$1.3M indicating potential working capital strain or earnings quality concerns. The extraordinary 179,626% revenue growth requires validation, and combined with weak returns on equity (6.0%) and assets (5.1%), suggests growth is not translating into efficient capital deployment.

ChatGPT

Optex exhibits a dramatic rebound in revenue with a return to profitability, backed by a debt-free balance sheet and strong liquidity. However, margins and returns remain thin and operating cash flow is negative, raising questions about the durability and quality of growth. Evidence of sustained margin expansion and positive cash conversion is needed before a more constructive view.

Optex Systems Holdings Inc Key Strengths (OPXS)

Claude
  • + Exceptional liquidity position with 7.28x current ratio and $4.2M cash reserves
  • + Debt-free balance sheet with 0.00x debt-to-equity ratio and $26.3M stockholders equity
  • + Profitable operations with 8.4% net margin and positive net income growth of 36.6% YoY
ChatGPT
  • + Debt-free with $5.84M cash and 5.86x current ratio
  • + Large revenue increase with positive net income and EPS growth
  • + Low financial risk and flexibility to fund operations/capex

OPXS Stock Risks: Optex Systems Holdings Inc Investment Risks

Claude
  • ! Severe cash flow deterioration: negative operating cash flow (-$1.3M) and free cash flow (-$1.6M) despite positive earnings signals accounting quality or working capital management concerns
  • ! Extreme 179,626% YoY revenue growth is implausible at normal scale and lacks context (potential one-time event, acquisition, or data anomaly)
  • ! Poor capital efficiency with low ROE (6.0%) and ROA (5.1%) indicating earnings growth is not creating shareholder value
  • ! Fundamental disconnect between GAAP net income and cash generation raises questions about revenue recognition policies and earnings sustainability
ChatGPT
  • ! Negative operating and free cash flow despite positive earnings
  • ! Very thin margins (22.9% gross, 1.6% operating) and low ROE/ROA
  • ! Extraordinary YoY revenue jump suggests low base or nonrecurring effects

Key Metrics to Watch

Claude
  • * Operating cash flow trend and working capital components (accounts receivable, inventory, payables)
  • * Revenue quality analysis and composition of the 179,626% growth (organic vs. acquisition vs. one-time events)
  • * Free cash flow sustainability and capital expenditure requirements relative to operating performance
ChatGPT
  • * Gross and operating margin trend
  • * Operating cash flow and FCF conversion

Optex Systems Holdings Inc (OPXS) Financial Metrics & Key Ratios

Revenue
$18.8M
Net Income
$1.6M
EPS (Diluted)
$0.23
Free Cash Flow
$-2.2M
Total Assets
$30.9M
Cash Position
$4.2M

💡 AI Analyst Insight

Strong liquidity with a 7.28x current ratio provides a solid financial cushion.

OPXS Profit Margin, ROE & Profitability Analysis

Gross Margin 29.2%
Operating Margin 9.7%
Net Margin 8.4%
ROE 6.0%
ROA 5.1%
FCF Margin -11.6%

OPXS vs Industrial Sector: How Optex Systems Holdings Inc Compares

How Optex Systems Holdings Inc compares to Industrial sector averages

Net Margin
OPXS 8.4%
vs
Sector Avg 10.0%
OPXS Sector
ROE
OPXS 6.0%
vs
Sector Avg 15.0%
OPXS Sector
Current Ratio
OPXS 7.3x
vs
Sector Avg 1.8x
OPXS Sector
Debt/Equity
OPXS 0.0x
vs
Sector Avg 0.7x
OPXS Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Optex Systems Holdings Inc Stock Overvalued? OPXS Valuation Analysis 2026

Based on fundamental analysis, Optex Systems Holdings Inc has mixed fundamental signals relative to the Industrial sector in 2026.

Return on Equity
6.0%
Sector avg: 15%
Net Profit Margin
8.4%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Optex Systems Holdings Inc Balance Sheet: OPXS Debt, Cash & Liquidity

Current Ratio
7.28x
Quick Ratio
2.93x
Debt/Equity
0.00x
Debt/Assets
14.8%
Interest Coverage
N/A
Long-term Debt
N/A

OPXS Revenue & Earnings Growth: 5-Year Financial Trend

OPXS 5-year financial data: Year 2021: Revenue $25.9M, Net Income $1.8M, EPS $0.14. Year 2022: Revenue $22.4M, Net Income $2.1M, EPS $0.18. Year 2023: Revenue $25.7M, Net Income $1.3M, EPS $0.16. Year 2024: Revenue $34.0M, Net Income $2.3M, EPS $0.34. Year 2025: Revenue $41.3M, Net Income $3.8M, EPS $0.55.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Optex Systems Holdings Inc's revenue has grown significantly by 60% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.55 reflects profitable operations.

OPXS Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-11.6%
Free cash flow / Revenue

OPXS Quarterly Earnings & Performance

Quarterly financial performance data for Optex Systems Holdings Inc including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q2 2026 $9.6M $1.3M $0.19
Q1 2026 $8.2M $242.0K $0.03
Q3 2025 $9.1M $1.3M $0.18
Q2 2025 $8.5M $1.1M $0.16
Q1 2025 $7.0M $431.0K $0.06
Q3 2024 $7.2M $576.0K $0.09
Q2 2024 $6.4M $256.0K $0.04
Q1 2024 $4.0M -$223.0K $-0.03

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Optex Systems Holdings Inc Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$1.3M
Cash generated from operations
Stock Buybacks
$4.7M
Shares repurchased (TTM)
Capital Expenditures
$849.0K
Investment in assets
Dividends Paid
$784.0K
Returned to shareholders

OPXS SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Optex Systems Holdings Inc (CIK: 0001397016)

📋 Recent SEC Filings

Date Form Document Action
May 12, 2026 8-K form8-k.htm View →
May 11, 2026 10-Q form10-q.htm View →
Mar 13, 2026 4 xslF345X05/ownership.xml View →
Mar 9, 2026 8-K form8-k.htm View →
Feb 11, 2026 8-K form8-k.htm View →

Frequently Asked Questions about OPXS

What is the AI rating for OPXS?

Optex Systems Holdings Inc (OPXS) has a Combined AI Grade of C from Claude (C) and ChatGPT (B) with 66% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are OPXS's key strengths?

Claude: Exceptional liquidity position with 7.28x current ratio and $4.2M cash reserves. Debt-free balance sheet with 0.00x debt-to-equity ratio and $26.3M stockholders equity. ChatGPT: Debt-free with $5.84M cash and 5.86x current ratio. Large revenue increase with positive net income and EPS growth.

What are the risks of investing in OPXS?

Claude: Severe cash flow deterioration: negative operating cash flow (-$1.3M) and free cash flow (-$1.6M) despite positive earnings signals accounting quality or working capital management concerns. Extreme 179,626% YoY revenue growth is implausible at normal scale and lacks context (potential one-time event, acquisition, or data anomaly). ChatGPT: Negative operating and free cash flow despite positive earnings. Very thin margins (22.9% gross, 1.6% operating) and low ROE/ROA.

What is OPXS's revenue and growth?

Optex Systems Holdings Inc reported revenue of $18.8M.

Does OPXS pay dividends?

Optex Systems Holdings Inc pays dividends, with $0.8M distributed to shareholders in the trailing twelve months.

Where can I find OPXS SEC filings?

Official SEC filings for Optex Systems Holdings Inc (CIK: 0001397016) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is OPXS's EPS?

Optex Systems Holdings Inc has a diluted EPS of $0.23.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is OPXS's fundamental grade?

Based on our AI fundamental analysis in May 2026, Optex Systems Holdings Inc has a C grade with 66% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is OPXS stock overvalued or undervalued?

Valuation metrics for OPXS: ROE of 6.0% (sector avg: 15%), net margin of 8.4% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

What is OPXS's AI grade for 2026?

Our dual AI analysis gives Optex Systems Holdings Inc a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is OPXS's free cash flow?

Optex Systems Holdings Inc's operating cash flow is $-1.3M, with capital expenditures of $849.0K. FCF margin is -11.6%.

How does OPXS compare to other Industrial stocks?

Vs Industrial sector averages: Net margin 8.4% (avg: 10%), ROE 6.0% (avg: 15%), current ratio 7.28 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 14, 2026 | Data as of: 2026-03-29 | Powered by Claude AI