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Side-by-side financial comparison of Optex Systems Holdings Inc (OPXS) and QUICKLOGIC Corp (QUIK). Click either name above to swap in a different company.
Optex Systems Holdings Inc is the larger business by last-quarter revenue ($9.1M vs $5.7M, roughly 1.6× QUICKLOGIC Corp). Optex Systems Holdings Inc runs the higher net margin — 2.6% vs -5.4%, a 8.0% gap on every dollar of revenue. On growth, Optex Systems Holdings Inc posted the faster year-over-year revenue change (11.6% vs -24.1%). Optex Systems Holdings Inc produced more free cash flow last quarter ($-548.0K vs $-1.2M). Over the past eight quarters, QUICKLOGIC Corp's revenue compounded faster (17.2% CAGR vs 3.6%).
Optex Systems Holdings Inc. designs, manufactures and supplies high-performance optical, optoelectronic components and integrated subsystems. Its core products include military sighting systems, laser protection solutions and precision optical assemblies, serving defense, aerospace and industrial manufacturing markets globally.
QuickLogic Corp is a fabless semiconductor company developing low-power customizable FPGAs, embedded FPGA IP, and edge sensor processing solutions. Its offerings serve global wearables, IoT, mobile electronics, and industrial markets, enabling energy-efficient low-latency on-device processing for edge AI and sensing use cases.
OPXS vs QUIK — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2024
| Metric | ||
|---|---|---|
| Revenue | $9.1M | $5.7M |
| Net Profit | $242.0K | $-305.0K |
| Gross Margin | 22.9% | 62.7% |
| Operating Margin | 1.6% | 2.6% |
| Net Margin | 2.6% | -5.4% |
| Revenue YoY | 11.6% | -24.1% |
| Net Profit YoY | -71.3% | -114.9% |
| EPS (diluted) | $0.03 | $-0.02 |
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 | $9.1M | — | ||
| Q3 25 | $11.3M | — | ||
| Q2 25 | $11.1M | — | ||
| Q1 25 | $10.7M | — | ||
| Q4 24 | $8.2M | $5.7M | ||
| Q3 24 | $9.4M | $4.2M | ||
| Q2 24 | $9.1M | $4.1M | ||
| Q1 24 | $8.5M | $5.7M |
| Q4 25 | $242.0K | — | ||
| Q3 25 | $1.0M | — | ||
| Q2 25 | $1.5M | — | ||
| Q1 25 | $1.8M | — | ||
| Q4 24 | $844.0K | $-305.0K | ||
| Q3 24 | $1.0M | $-2.1M | ||
| Q2 24 | $1.3M | $-1.6M | ||
| Q1 24 | $1.1M | $108.0K |
| Q4 25 | 22.9% | — | ||
| Q3 25 | 30.1% | — | ||
| Q2 25 | 28.5% | — | ||
| Q1 25 | 31.3% | — | ||
| Q4 24 | 26.0% | 62.7% | ||
| Q3 24 | 25.5% | 59.1% | ||
| Q2 24 | 31.8% | 54.7% | ||
| Q1 24 | 30.0% | 67.1% |
| Q4 25 | 1.6% | — | ||
| Q3 25 | 18.3% | — | ||
| Q2 25 | 17.2% | — | ||
| Q1 25 | 20.8% | — | ||
| Q4 24 | 11.2% | 2.6% | ||
| Q3 24 | 13.7% | -38.1% | ||
| Q2 24 | 17.8% | -29.3% | ||
| Q1 24 | 15.9% | 2.3% |
| Q4 25 | 2.6% | — | ||
| Q3 25 | 9.1% | — | ||
| Q2 25 | 13.6% | — | ||
| Q1 25 | 16.5% | — | ||
| Q4 24 | 10.3% | -5.4% | ||
| Q3 24 | 10.7% | -49.8% | ||
| Q2 24 | 13.9% | -37.8% | ||
| Q1 24 | 12.5% | 1.9% |
| Q4 25 | $0.03 | — | ||
| Q3 25 | $0.14 | — | ||
| Q2 25 | $0.22 | — | ||
| Q1 25 | $0.26 | — | ||
| Q4 24 | $0.12 | $-0.02 | ||
| Q3 24 | $0.15 | $-0.14 | ||
| Q2 24 | $0.18 | $-0.11 | ||
| Q1 24 | $0.16 | $0.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $5.8M | — |
| Total DebtLower is stronger | — | $3.1M |
| Stockholders' EquityBook value | $24.7M | $24.9M |
| Total Assets | $30.2M | $51.9M |
| Debt / EquityLower = less leverage | — | 0.12× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.8M | — | ||
| Q3 25 | $6.4M | — | ||
| Q2 25 | $4.9M | — | ||
| Q1 25 | $3.5M | — | ||
| Q4 24 | $2.5M | — | ||
| Q3 24 | $1.0M | — | ||
| Q2 24 | $486.0K | — | ||
| Q1 24 | $321.0K | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $3.1M | ||
| Q3 24 | — | $3.4M | ||
| Q2 24 | — | $1.2M | ||
| Q1 24 | — | $1.4M |
| Q4 25 | $24.7M | — | ||
| Q3 25 | $24.3M | — | ||
| Q2 25 | $23.1M | — | ||
| Q1 25 | $21.6M | — | ||
| Q4 24 | $19.7M | $24.9M | ||
| Q3 24 | $18.8M | $20.9M | ||
| Q2 24 | $17.7M | $21.8M | ||
| Q1 24 | $16.5M | $22.2M |
| Q4 25 | $30.2M | — | ||
| Q3 25 | $30.1M | — | ||
| Q2 25 | $29.2M | — | ||
| Q1 25 | $27.5M | — | ||
| Q4 24 | $24.8M | $51.9M | ||
| Q3 24 | $25.5M | $49.7M | ||
| Q2 24 | $24.9M | $47.5M | ||
| Q1 24 | $23.8M | $51.9M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.12× | ||
| Q3 24 | — | 0.16× | ||
| Q2 24 | — | 0.06× | ||
| Q1 24 | — | 0.06× |
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 | $-92.0K | $116.0K |
| Free Cash FlowOCF − Capex | $-548.0K | $-1.2M |
| FCF MarginFCF / Revenue | -6.0% | -20.6% |
| Capex IntensityCapex / Revenue | 5.0% | 22.6% |
| Cash ConversionOCF / Net Profit | -0.38× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-5.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-92.0K | — | ||
| Q3 25 | $1.6M | — | ||
| Q2 25 | $1.4M | — | ||
| Q1 25 | $1.2M | — | ||
| Q4 24 | $2.8M | $116.0K | ||
| Q3 24 | $753.0K | $-16.0K | ||
| Q2 24 | $50.0K | $-220.0K | ||
| Q1 24 | $-1.3M | $147.0K |
| Q4 25 | $-548.0K | — | ||
| Q3 25 | $1.5M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $1.1M | — | ||
| Q4 24 | $2.5M | $-1.2M | ||
| Q3 24 | $545.0K | $-83.0K | ||
| Q2 24 | $-256.0K | $-4.2M | ||
| Q1 24 | $-1.4M | $62.0K |
| Q4 25 | -6.0% | — | ||
| Q3 25 | 13.5% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 9.8% | — | ||
| Q4 24 | 30.3% | -20.6% | ||
| Q3 24 | 5.8% | -2.0% | ||
| Q2 24 | -2.8% | -102.2% | ||
| Q1 24 | -16.3% | 1.1% |
| Q4 25 | 5.0% | — | ||
| Q3 25 | 0.4% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 1.2% | — | ||
| Q4 24 | 3.9% | 22.6% | ||
| Q3 24 | 2.2% | 1.6% | ||
| Q2 24 | 3.4% | 96.9% | ||
| Q1 24 | 1.3% | 1.5% |
| Q4 25 | -0.38× | — | ||
| Q3 25 | 1.52× | — | ||
| Q2 25 | 0.92× | — | ||
| Q1 25 | 0.67× | — | ||
| Q4 24 | 3.32× | — | ||
| Q3 24 | 0.74× | — | ||
| Q2 24 | 0.04× | — | ||
| Q1 24 | -1.20× | 1.36× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
OPXS
| Optex Systems OPX Richardson Texas | $5.3M | 58% |
| Applied Optics Center AOC Dallas | $4.0M | 44% |
QUIK
| North America | $3.0M | 53% |
| Other | $2.7M | 47% |