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Syntec Optics vs Optex Systems: revenue, profit, margins and growth compared

Syntec Optics brought in $28.1M of revenue in fiscal 2025, Optex Systems $41.3M in fiscal 2025. Revenue changed by -1.3% at Syntec Optics and +21.6% at Optex Systems on the year before, so Optex Systems grew faster. Syntec Optics kept -6.4% of its revenue as net profit, Optex Systems 12.5%. Free cash flow was $28.3K at Syntec Optics and $6.4M at Optex Systems.

Side by side, latest fiscal year

OPTXOPXS
Fiscal year endedFY2025 (December 31, 2025)FY2025 (September 28, 2025)
Revenue$28.1M$41.3M
Revenue growth-1.3%+21.6%
Net income-$1.8M$5.1M
Net margin-6.4%12.5%
Free cash flow$28.3K$6.4M
Free cash flow margin0.1%15.6%
Earnings per share (diluted)-$0.05$0.74
Cash$358.9K$6.4M
Debt$2.6Mn/a
Price to earningsn/a14.1
Market value$298.1M$72.5M
Dividend yieldn/an/a
Rank by revenue in sector#464 of 530 · Technology#454 of 530 · Technology

Over the years

Revenue
OPTX FY2022: $27.8MOPTX FY2023: $29.4MOPTX FY2024: $28.4MOPTX FY2025: $28.1MOPXS FY2018: $20.9MOPXS FY2019: $24.5MOPXS FY2020: $25.9MOPXS FY2021: $18.2MOPXS FY2022: $22.4MOPXS FY2023: $25.7MOPXS FY2024: $34MOPXS FY2025: $41.3MFY18FY19FY20FY21FY22FY23FY24FY25
OPTX $28.1MOPXS $41.3M
Net income
OPTX FY2022: -$434.6KOPTX FY2023: $2MOPTX FY2024: -$2.5MOPTX FY2025: -$1.8MOPXS FY2018: $1.4MOPXS FY2019: $5.7MOPXS FY2020: $1.8MOPXS FY2021: $2.1MOPXS FY2022: $1.3MOPXS FY2023: $2.3MOPXS FY2024: $3.8MOPXS FY2025: $5.1MFY18FY19FY20FY21FY22FY23FY24FY25
OPTX -$1.8MOPXS $5.1M
Net margin
OPTX FY2022: -1.6%OPTX FY2023: 6.7%OPTX FY2024: -8.7%OPTX FY2025: -6.4%OPXS FY2018: 6.7%OPXS FY2019: 23.1%OPXS FY2020: 7.0%OPXS FY2021: 11.7%OPXS FY2022: 5.7%OPXS FY2023: 8.8%OPXS FY2024: 11.1%OPXS FY2025: 12.5%FY18FY19FY20FY21FY22FY23FY24FY25
OPTX -6.4%OPXS 12.5%
Revenue growth
OPTX FY2023: +5.8%OPTX FY2024: -3.4%OPTX FY2025: -1.3%OPXS FY2019: +17.6%OPXS FY2020: +5.5%OPXS FY2021: -29.6%OPXS FY2022: +22.8%OPXS FY2023: +14.6%OPXS FY2024: +32.5%OPXS FY2025: +21.6%FY19FY20FY21FY22FY23FY24FY25
OPTX -1.3%OPXS +21.6%
Free cash flow
OPTX FY2022: $687.1KOPTX FY2023: $871KOPTX FY2024: -$2.2MOPTX FY2025: $28.3KOPXS FY2018: $872KOPXS FY2019: $17KOPXS FY2020: $3.8MOPXS FY2021: $207KOPXS FY2022: $1.8MOPXS FY2023: -$672KOPXS FY2024: $1.1MOPXS FY2025: $6.4MFY18FY19FY20FY21FY22FY23FY24FY25
OPTX $28.3KOPXS $6.4M

Fiscal years as each company reports them; the two may end in different months.

Questions about Syntec Optics and Optex Systems

Which is bigger by revenue, Syntec Optics or Optex Systems?

Optex Systems is bigger by revenue: $41.3M in fiscal 2025, against $28.1M for Syntec Optics in fiscal 2025.

Which keeps more of its revenue as profit, Syntec Optics or Optex Systems?

Syntec Optics had a net margin of -6.4% in fiscal 2025; Optex Systems had 12.5% in fiscal 2025.

Which grew revenue faster, Syntec Optics or Optex Systems?

In their latest fiscal years revenue changed by -1.3% at Syntec Optics and +21.6% at Optex Systems.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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