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Side-by-side financial comparison of SYNTEC OPTICS HOLDINGS, INC. (OPTX) and PIONEER POWER SOLUTIONS, INC. (PPSI). Click either name above to swap in a different company.

SYNTEC OPTICS HOLDINGS, INC. is the larger business by last-quarter revenue ($7.5M vs $5.6M, roughly 1.3× PIONEER POWER SOLUTIONS, INC.). SYNTEC OPTICS HOLDINGS, INC. runs the higher net margin — -4.6% vs -24.7%, a 20.1% gap on every dollar of revenue. On growth, SYNTEC OPTICS HOLDINGS, INC. posted the faster year-over-year revenue change (2.5% vs -42.3%). SYNTEC OPTICS HOLDINGS, INC. produced more free cash flow last quarter ($-4.4K vs $-2.2M). Over the past eight quarters, PIONEER POWER SOLUTIONS, INC.'s revenue compounded faster (30.3% CAGR vs 9.5%).

Caterpillar Energy Solutions GmbH, is a mechanical engineering company based in Mannheim, Baden-Württemberg, Germany. It was known as MWM GmbH Motoren-Werke Mannheim (MWM) until November 2013. In 2009 the company was the third-largest producer by revenue of gas and diesel engines.

OPTX vs PPSI — Head-to-Head

Bigger by revenue
OPTX
OPTX
1.3× larger
OPTX
$7.5M
$5.6M
PPSI
Growing faster (revenue YoY)
OPTX
OPTX
+44.8% gap
OPTX
2.5%
-42.3%
PPSI
Higher net margin
OPTX
OPTX
20.1% more per $
OPTX
-4.6%
-24.7%
PPSI
More free cash flow
OPTX
OPTX
$2.2M more FCF
OPTX
$-4.4K
$-2.2M
PPSI
Faster 2-yr revenue CAGR
PPSI
PPSI
Annualised
PPSI
30.3%
9.5%
OPTX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OPTX
OPTX
PPSI
PPSI
Revenue
$7.5M
$5.6M
Net Profit
$-343.8K
$-1.4M
Gross Margin
23.6%
23.5%
Operating Margin
4.2%
-19.4%
Net Margin
-4.6%
-24.7%
Revenue YoY
2.5%
-42.3%
Net Profit YoY
77.7%
-103.8%
EPS (diluted)
$-0.01
$-0.12

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.

Revenue
OPTX
OPTX
PPSI
PPSI
Q4 25
$7.5M
$5.6M
Q3 25
$7.0M
$6.9M
Q2 25
$6.6M
$8.4M
Q1 25
$7.1M
$6.7M
Q4 24
$7.3M
$9.8M
Q3 24
$7.9M
$6.4M
Q2 24
$7.0M
$3.4M
Q1 24
$6.3M
$3.3M
Net Profit
OPTX
OPTX
PPSI
PPSI
Q4 25
$-343.8K
$-1.4M
Q3 25
$-1.4M
$-2.4M
Q2 25
$-343.9K
$-1.3M
Q1 25
$323.7K
$-929.0K
Q4 24
$-1.5M
$36.3M
Q3 24
$-13.3K
$-1.1M
Q2 24
$281.8K
$-2.3M
Q1 24
$-1.2M
$-1.0M
Gross Margin
OPTX
OPTX
PPSI
PPSI
Q4 25
23.6%
23.5%
Q3 25
12.3%
9.3%
Q2 25
24.4%
15.7%
Q1 25
32.7%
2.2%
Q4 24
13.5%
28.9%
Q3 24
23.3%
23.7%
Q2 24
31.0%
18.9%
Q1 24
11.3%
16.1%
Operating Margin
OPTX
OPTX
PPSI
PPSI
Q4 25
4.2%
-19.4%
Q3 25
-17.5%
-21.0%
Q2 25
-2.2%
-20.4%
Q1 25
7.5%
-34.8%
Q4 24
-19.6%
-11.0%
Q3 24
1.4%
-11.1%
Q2 24
2.3%
-51.1%
Q1 24
-22.5%
-52.1%
Net Margin
OPTX
OPTX
PPSI
PPSI
Q4 25
-4.6%
-24.7%
Q3 25
-20.6%
-34.1%
Q2 25
-5.2%
-15.9%
Q1 25
4.6%
-13.8%
Q4 24
-21.0%
372.1%
Q3 24
-0.2%
-17.5%
Q2 24
4.0%
-67.2%
Q1 24
-19.3%
-31.2%
EPS (diluted)
OPTX
OPTX
PPSI
PPSI
Q4 25
$-0.01
$-0.12
Q3 25
$-0.04
$-0.21
Q2 25
$-0.01
$-0.12
Q1 25
$0.01
$-0.09
Q4 24
$-0.05
$3.31
Q3 24
$0.00
$-0.10
Q2 24
$0.01
$-0.21
Q1 24
$-0.03
$-0.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
OPTX
OPTX
PPSI
PPSI
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$2.6M
Stockholders' EquityBook value
$9.5M
$29.3M
Total Assets
$24.3M
$35.5M
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OPTX
OPTX
PPSI
PPSI
Q4 25
Q3 25
Q2 25
$18.0M
Q1 25
$25.8M
Q4 24
$41.6M
Q3 24
$3.1M
Q2 24
$6.5M
Q1 24
$6.2M
Total Debt
OPTX
OPTX
PPSI
PPSI
Q4 25
$2.6M
Q3 25
$2.7M
Q2 25
$2.9M
Q1 25
$3.0M
Q4 24
$3.1M
Q3 24
$3.2M
Q2 24
$2.8M
Q1 24
$3.0M
Stockholders' Equity
OPTX
OPTX
PPSI
PPSI
Q4 25
$9.5M
$29.3M
Q3 25
$9.8M
$30.7M
Q2 25
$11.0M
$33.0M
Q1 25
$11.4M
$34.5M
Q4 24
$11.0M
$35.4M
Q3 24
$12.1M
$14.7M
Q2 24
$12.1M
$15.8M
Q1 24
$11.9M
$18.1M
Total Assets
OPTX
OPTX
PPSI
PPSI
Q4 25
$24.3M
$35.5M
Q3 25
$24.6M
$37.6M
Q2 25
$25.3M
$39.1M
Q1 25
$26.3M
$47.5M
Q4 24
$26.0M
$66.0M
Q3 24
$27.3M
$40.1M
Q2 24
$25.8M
$38.0M
Q1 24
$24.6M
$39.3M
Debt / Equity
OPTX
OPTX
PPSI
PPSI
Q4 25
0.28×
Q3 25
0.28×
Q2 25
0.26×
Q1 25
0.26×
Q4 24
0.28×
Q3 24
0.26×
Q2 24
0.23×
Q1 24
0.25×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
OPTX
OPTX
PPSI
PPSI
Operating Cash FlowLast quarter
$-3.9K
$-1.0M
Free Cash FlowOCF − Capex
$-4.4K
$-2.2M
FCF MarginFCF / Revenue
-0.1%
-38.8%
Capex IntensityCapex / Revenue
0.0%
20.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$28.3K
$-8.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OPTX
OPTX
PPSI
PPSI
Q4 25
$-3.9K
$-1.0M
Q3 25
$535.3K
$-817.0K
Q2 25
$-158.0K
$-5.5M
Q1 25
$299.3K
$1.5M
Q4 24
$623.8K
$-2.1M
Q3 24
$417.3K
$-2.7M
Q2 24
$-1.7M
$571.0K
Q1 24
$-289.8K
$-1.9M
Free Cash Flow
OPTX
OPTX
PPSI
PPSI
Q4 25
$-4.4K
$-2.2M
Q3 25
$496.3K
$-1.6M
Q2 25
$-548.1K
$-5.6M
Q1 25
$84.6K
$907.0K
Q4 24
$12.1K
$-4.6M
Q3 24
$43.8K
$-3.4M
Q2 24
$-1.9M
$170.0K
Q1 24
$-385.1K
$-2.2M
FCF Margin
OPTX
OPTX
PPSI
PPSI
Q4 25
-0.1%
-38.8%
Q3 25
7.1%
-23.4%
Q2 25
-8.4%
-67.0%
Q1 25
1.2%
13.5%
Q4 24
0.2%
-46.9%
Q3 24
0.6%
-53.0%
Q2 24
-26.5%
5.0%
Q1 24
-6.2%
-65.2%
Capex Intensity
OPTX
OPTX
PPSI
PPSI
Q4 25
0.0%
20.3%
Q3 25
0.6%
11.5%
Q2 25
5.9%
1.7%
Q1 25
3.0%
8.8%
Q4 24
8.4%
25.4%
Q3 24
4.7%
10.3%
Q2 24
2.3%
11.8%
Q1 24
1.5%
6.4%
Cash Conversion
OPTX
OPTX
PPSI
PPSI
Q4 25
Q3 25
Q2 25
Q1 25
0.92×
Q4 24
-0.06×
Q3 24
Q2 24
-6.01×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

OPTX
OPTX

Segment breakdown not available.

PPSI
PPSI

Total Revenue$4.0M70%
Other$1.7M30%

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