Syntec Optics posts record third-quarter revenue and a first net profit
Syntec Optics (OPTX) reported record third-quarter 2026 revenue of $8.5 million and net income of $0.2 million, versus a loss a year earlier.
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what happened
Syntec Optics reported its third-quarter results for the period ended September 30, 2026, in a press release distributed by GlobeNewswire. Revenue reached an all-time high of $8.5 million, up 23% year over year. The company posted net income of $0.2 million, compared with a net loss of $1.4 million a year earlier.
Gross profit rose 127% to $1.9 million, and adjusted EBITDA came in at $0.9 million, or 10% of revenue. Selling, general and administrative expenses fell by $0.3 million. Cash reserves grew by $0.3 million to $14.4 million.
The company also switched to reporting revenue across five end markets, with Space Tech posting the fastest growth at $1.3 million in revenue.
why it matters
For investors this is a small-cap report with revenue in the low millions of dollars, so the impact on the broader market is limited. The more notable element is the new reporting structure and the growth in defense and space, which the company names as its main drivers.
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