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
$4.2M
Gross Profit
$1.1M
Operating Profit
$-1.2M
Net Profit
$-1.3M
Gross Margin
26.6%
Operating Margin
-29.7%
Net Margin
-31.2%
YoY Growth
-2.9%
EPS
$-0.21
PRECISION OPTICS CORPORATION, INC. Q1 FY2025 Financial Summary
PRECISION OPTICS CORPORATION, INC. reported revenue of $4.2M (down 2.9% YoY) for Q1 FY2025, with a net profit of $-1.3M (down 182.3% YoY) (-31.2% margin). Cost of goods sold was $3.1M, operating expenses totaled $2.4M.
Key Financial Metrics
| Total Revenue | $4.2M |
|---|---|
| Net Profit | $-1.3M |
| Gross Margin | 26.6% |
| Operating Margin | -29.7% |
| Report Period | Q1 FY2025 |
Revenue Breakdown
PRECISION OPTICS CORPORATION, INC. Q1 FY2025 revenue of $4.2M breaks down across 2 segments, led by Optical Components at $2.9M (69.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Optical Components | $2.9M | 69.9% |
| Other | $1.3M | 30.1% |
PRECISION OPTICS CORPORATION, INC. Revenue by Segment — Quarterly Trend
PRECISION OPTICS CORPORATION, INC. revenue by segment across the last 4 reported quarters, showing how each business line (such as Optical Components and Other) has evolved quarter over quarter.
| Segment | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 |
|---|---|---|---|---|
| Optical Components | — | — | — | $2.9M |
| Other | $1.1M | $756.5K | $318.5K | $1.3M |
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 |