vs
Side-by-side financial comparison of ESPEY MFG & ELECTRONICS CORP (ESP) and OPTICAL CABLE CORP (OCC). Click either name above to swap in a different company.
OPTICAL CABLE CORP is the larger business by last-quarter revenue ($19.8M vs $12.1M, roughly 1.6× ESPEY MFG & ELECTRONICS CORP). ESPEY MFG & ELECTRONICS CORP runs the higher net margin — 23.1% vs 0.2%, a 22.9% gap on every dollar of revenue. On growth, OPTICAL CABLE CORP posted the faster year-over-year revenue change (1.8% vs -10.8%). OPTICAL CABLE CORP produced more free cash flow last quarter ($718.8K vs $-4.1M). Over the past eight quarters, ESPEY MFG & ELECTRONICS CORP's revenue compounded faster (21.3% CAGR vs 15.5%).
ESPEY MFG & ELECTRONICS CORP is a US-based manufacturer specializing in high-reliability power supplies, power conversion systems and specialized electronic components. It serves aerospace, defense, industrial and transportation sectors, delivering custom solutions for harsh environments to OEMs and government contractors across North America and select global markets.
Optical Cable Corporation, headquartered in Roanoke, Virginia, manufactures fiber optical cable. The company's cable is largely used for telecommunications and is sold both in the US and seventy other countries worldwide. OCC also manufactures military land tactical fiber optic cable for the U.S. military.
ESP vs OCC — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $12.1M | $19.8M |
| Net Profit | $2.8M | $48.6K |
| Gross Margin | 34.7% | 31.9% |
| Operating Margin | 25.3% | 1.4% |
| Net Margin | 23.1% | 0.2% |
| Revenue YoY | -10.8% | 1.8% |
| Net Profit YoY | 47.0% | -87.0% |
| EPS (diluted) | $0.99 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $12.1M | $19.8M | ||
| Q3 25 | $9.1M | $19.9M | ||
| Q2 25 | $9.6M | $17.5M | ||
| Q1 25 | $10.3M | $15.7M | ||
| Q4 24 | $13.6M | $19.5M | ||
| Q3 24 | $10.4M | $16.2M | ||
| Q2 24 | $11.6M | $16.1M | ||
| Q1 24 | $8.3M | $14.9M |
| Q4 25 | $2.8M | $48.6K | ||
| Q3 25 | $2.2M | $301.9K | ||
| Q2 25 | $2.9M | $-697.9K | ||
| Q1 25 | $1.7M | $-1.1M | ||
| Q4 24 | $1.9M | $373.5K | ||
| Q3 24 | $1.6M | $-1.6M | ||
| Q2 24 | $1.9M | $-1.6M | ||
| Q1 24 | $1.0M | $-1.4M |
| Q4 25 | 34.7% | 31.9% | ||
| Q3 25 | 35.4% | 31.7% | ||
| Q2 25 | 39.3% | 30.4% | ||
| Q1 25 | 28.6% | 29.4% | ||
| Q4 24 | 23.2% | 33.5% | ||
| Q3 24 | 26.8% | 24.2% | ||
| Q2 24 | 27.6% | 25.1% | ||
| Q1 24 | 25.0% | 25.0% |
| Q4 25 | 25.3% | 1.4% | ||
| Q3 25 | 22.7% | 2.8% | ||
| Q2 25 | 27.4% | -2.4% | ||
| Q1 25 | 17.0% | -5.4% | ||
| Q4 24 | 14.9% | 3.4% | ||
| Q3 24 | 16.5% | -8.2% | ||
| Q2 24 | 18.4% | -8.1% | ||
| Q1 24 | 13.2% | -9.4% |
| Q4 25 | 23.1% | 0.2% | ||
| Q3 25 | 23.9% | 1.5% | ||
| Q2 25 | 30.6% | -4.0% | ||
| Q1 25 | 16.5% | -7.0% | ||
| Q4 24 | 14.0% | 1.9% | ||
| Q3 24 | 15.3% | -9.6% | ||
| Q2 24 | 16.3% | -9.9% | ||
| Q1 24 | 12.5% | -9.6% |
| Q4 25 | $0.99 | — | ||
| Q3 25 | $0.76 | — | ||
| Q2 25 | $1.07 | — | ||
| Q1 25 | $0.63 | — | ||
| Q4 24 | $0.71 | — | ||
| Q3 24 | $0.61 | — | ||
| Q2 24 | $0.73 | — | ||
| Q1 24 | $0.40 | $-0.18 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $17.8M | $237.5K |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $53.2M | $16.5M |
| Total Assets | $85.2M | $40.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $17.8M | $237.5K | ||
| Q3 25 | $22.2M | $421.4K | ||
| Q2 25 | $18.9M | $894.3K | ||
| Q1 25 | $13.9M | $128.3K | ||
| Q4 24 | $8.0M | $244.2K | ||
| Q3 24 | $4.8M | $796.7K | ||
| Q2 24 | $4.4M | $1.1M | ||
| Q1 24 | $5.6M | $221.0K |
| Q4 25 | $53.2M | $16.5M | ||
| Q3 25 | $51.0M | $18.2M | ||
| Q2 25 | $50.8M | $19.1M | ||
| Q1 25 | $46.3M | $19.7M | ||
| Q4 24 | $44.8M | $20.8M | ||
| Q3 24 | $42.5M | $20.4M | ||
| Q2 24 | $41.3M | $21.8M | ||
| Q1 24 | $39.3M | $23.3M |
| Q4 25 | $85.2M | $40.1M | ||
| Q3 25 | $84.8M | $40.2M | ||
| Q2 25 | $79.1M | $39.1M | ||
| Q1 25 | $72.8M | $37.8M | ||
| Q4 24 | $60.2M | $40.4M | ||
| Q3 24 | $57.6M | $37.6M | ||
| Q2 24 | $56.5M | $39.9M | ||
| Q1 24 | $53.1M | $40.5M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-2.8M | $797.3K |
| Free Cash FlowOCF − Capex | $-4.1M | $718.8K |
| FCF MarginFCF / Revenue | -34.1% | 3.6% |
| Capex IntensityCapex / Revenue | 10.9% | 0.4% |
| Cash ConversionOCF / Net Profit | -1.00× | 16.40× |
| TTM Free Cash FlowTrailing 4 quarters | $11.7M | $1.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-2.8M | $797.3K | ||
| Q3 25 | $5.7M | $-2.2M | ||
| Q2 25 | $2.8M | $141.4K | ||
| Q1 25 | $11.5M | $2.7M | ||
| Q4 24 | $5.4M | $-1.5M | ||
| Q3 24 | $1.4M | $552.4K | ||
| Q2 24 | $3.2M | $373.7K | ||
| Q1 24 | $1.4M | $-261.1K |
| Q4 25 | $-4.1M | $718.8K | ||
| Q3 25 | $4.4M | $-2.3M | ||
| Q2 25 | $915.3K | $73.4K | ||
| Q1 25 | $10.5M | $2.6M | ||
| Q4 24 | $4.5M | $-1.6M | ||
| Q3 24 | $724.8K | $475.2K | ||
| Q2 24 | $2.6M | $218.2K | ||
| Q1 24 | $379.1K | $-341.5K |
| Q4 25 | -34.1% | 3.6% | ||
| Q3 25 | 48.7% | -11.4% | ||
| Q2 25 | 9.5% | 0.4% | ||
| Q1 25 | 101.8% | 16.5% | ||
| Q4 24 | 33.0% | -8.1% | ||
| Q3 24 | 6.9% | 2.9% | ||
| Q2 24 | 22.2% | 1.4% | ||
| Q1 24 | 4.6% | -2.3% |
| Q4 25 | 10.9% | 0.4% | ||
| Q3 25 | 14.2% | 0.4% | ||
| Q2 25 | 19.3% | 0.4% | ||
| Q1 25 | 9.3% | 0.5% | ||
| Q4 24 | 6.5% | 0.3% | ||
| Q3 24 | 6.4% | 0.5% | ||
| Q2 24 | 5.7% | 1.0% | ||
| Q1 24 | 12.5% | 0.5% |
| Q4 25 | -1.00× | 16.40× | ||
| Q3 25 | 2.64× | -7.29× | ||
| Q2 25 | 0.95× | — | ||
| Q1 25 | 6.72× | — | ||
| Q4 24 | 2.82× | -4.08× | ||
| Q3 24 | 0.87× | — | ||
| Q2 24 | 1.71× | — | ||
| Q1 24 | 1.37× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ESP
| ASC606 | $11.3M | 93% |
| Other | $855.0K | 7% |
OCC
Segment breakdown not available.
