PRECISION OPTICS CORPORATION, INC.POCIEarnings & Financial Report
Century Precision Optics is an American lens manufacturing firm. It was founded in 1948 in North Hollywood, California as Century Photo Optics. Steven Manios Sr. purchased the company in 1973 and created many of the optics. Century Optics makes a variety of digital, broadcast, projection, and industrial lenses. They have offices in Hauppauge, New York and Van Nuys, California.
Revenue
$5.2M
Gross Profit
$1.9M
Operating Profit
$-258.5K
Net Profit
$-317.1K
Gross Margin
35.5%
Operating Margin
-4.9%
Net Margin
-6.0%
YoY Growth
3.9%
EPS
$-0.05
PRECISION OPTICS CORPORATION, INC. Q3 FY2024 Financial Summary
PRECISION OPTICS CORPORATION, INC. reported revenue of $5.2M (up 3.9% YoY) for Q3 FY2024, with a net profit of $-317.1K (up 20.4% YoY) (-6.0% margin). Cost of goods sold was $3.4M, operating expenses totaled $2.1M.
Key Financial Metrics
| Total Revenue | $5.2M |
|---|---|
| Net Profit | $-317.1K |
| Gross Margin | 35.5% |
| Operating Margin | -4.9% |
| Report Period | Q3 FY2024 |
PRECISION OPTICS CORPORATION, INC. Annual Revenue by Year
PRECISION OPTICS CORPORATION, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $19.1M).
| Year | Annual Revenue |
|---|---|
| 2025 | $19.1M |
| 2024 | $19.1M |
| 2023 | $21.0M |
| 2022 | $15.7M |
PRECISION OPTICS CORPORATION, INC. Quarterly Revenue & Net Profit History
PRECISION OPTICS CORPORATION, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2026 | $7.4M | +62.8% | $-1.8M | -24.2% |
| Q1 FY2026 | $6.7M | +59.2% | $-1.6M | -24.5% |
| Q4 FY2025 | $6.2M | +31.1% | $-1.4M | -22.7% |
| Q3 FY2025 | $4.2M | -20.2% | $-2.1M | -50.1% |
| Q2 FY2025 | $4.5M | -6.2% | $-969.7K | -21.4% |
| Q1 FY2025 | $4.2M | -2.9% | $-1.3M | -31.2% |
| Q4 FY2024 | $4.7M | -6.1% | $-1.4M | -29.9% |
| Q3 FY2024 | $5.2M | +3.9% | $-317.1K | -6.0% |
Income Statement
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.2M | $4.7M | $4.2M | $4.5M | $4.2M | $6.2M | $6.7M | $7.4M |
| YoY Growth | 3.9% | -6.1% | -2.9% | -6.2% | -20.2% | 31.1% | 59.2% | 62.8% |
Balance Sheet
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $18.3M | $16.9M | $17.2M | $17.5M | $19.6M | $19.8M | $22.4M | $22.9M |
| Liabilities | $7.0M | $6.8M | $7.1M | $8.0M | $6.4M | $7.5M | $11.5M | $13.6M |
| Equity | $11.3M | $10.1M | $10.1M | $9.5M | $13.2M | $12.3M | $10.9M | $9.3M |
Cash Flow
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-214174 | $-976014 | $-318622 | $-786809 | $-1.9M | $-569235 | $78227 | $-256079 |