Focus on Q2 2026 revenue confirmation of >$7.5M and execution on defense/space optics contracts. The capital raise removes near-term liquidity risk but adds dilution; watch for margin recovery as volume normalizes.
Price Chart
Executive Summary
Syntec Optics reported Q1 2026 revenue of $6.5M, down 8.5% YoY, and a net loss of $0.9M vs net income of $0.3M a year ago, driven by temporary biomedical shipment delays. However, the company raised $23M in equity post-quarter, paid down its credit facility, and guided Q2 2026 revenue above $7.5M, signaling a return to growth.
Key Financial Metrics
Key Facts
- Q1 2026 revenue $6.5M vs $7.1M YoY (down 8.5%)
- Net loss $(0.9M) vs net income $0.3M YoY; EPS $(0.02) vs $0.01
- Gross profit $1.0M vs $2.3M YoY; gross margin ~14.7%
- Subsequent public offering raised approximately $21.5M net proceeds (up to $23M with greenshoe)
- Q2 2026 revenue guidance >$7.5M, sequential improvement
- Company paid down revolving line of credit to zero post-offering
Financial Impact
Revenue declined ~$0.6M YoY; net income swung from +$0.3M to -$0.9M. Capital raise added ~$23M to balance sheet.
Risk Factors
- Shipment delays recurring if purchase order timing remains volatile
- Dilution from equity offering (~37M shares outstanding pre-offering; post-offering ~50M estimated)
- Customer concentration in biomedical and defense end markets
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3296155 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | Press Release | — | awaiting T+1 | — | — |
Sep 21, 2026 5w ago | SC 13D/A | $7.89 $7.34 | ▼ −6.97% | ▼ −6.96% | $6.63 (−15.97%) |
Sep 21, 2026 5w ago | Press Release | $7.89 $7.34 | ▼ −6.97% | ▼ −6.96% | $6.63 (−15.97%) |
Aug 26, 2026 8w ago | Insider Buy | $8.51 $8.73 | ▲ +2.59% | ▲ +1.93% | $6.63 (−22.09%) |
Jun 16, 2026 18w ago | Press Release | $11.38 $12.87 | ▲ +13.09% | ▲ +14.34% | $6.63 (−41.74%) |
Jun 9, 2026 19w ago | Press Release | $11.63 $12.80 | ▲ +10.06% | ▲ +11.64% | $6.63 (−42.99%) |
Jun 1, 2026 21w ago | Press Release | $10.84 $13.23 | ▲ +22.05% | ▲ +21.90% | $6.63 (−38.84%) |
May 19, 2026 22w ago | Press Release | $7.63 $9.02 | ▲ +18.22% | ▲ +17.18% | $6.63 (−13.11%) |
May 15, 2026 23w ago | Press Release | $6.55 $7.63 | ▲ +16.49% | ▲ +17.14% | $6.63 (+1.22%) |
May 15, 2026 23w ago | Press Release | $7.16 $6.55 | ▼ −8.52% | ▼ −8.46% | $6.63 (−7.40%) |
US Market Status
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