Optical Cable Q3 Sales Jump 22% to $24.3M; Net Income Hits $1.9M
OCC has more than doubled off its 52-week low of $4.02 on elevated volume (2.9× avg).
Summary
Optical Cable reported Q3 fiscal 2026 net sales of $24.3 million, up 22% year-over-year, with net income of $1.9 million versus $302,000 a year ago. Gross margin expanded to 37.4% and backlog nearly doubled from fiscal year-end.
Key Events · Earnings and Guidance · OCC
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Q3 Sales Up 22% to $24.3M
Net sales rose 22.0% year-over-year to $24.3 million, driven by enterprise, data center, and specialty markets. International sales grew 28.8% and domestic sales grew 20.3%.
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Net Income Reaches $1.9M
Net income was $1.9 million, or $0.21 per share, compared to $302,000, or $0.04 per share, in the prior-year quarter. Nine-month net income was $2.5 million versus a $1.5 million loss last year.
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Gross Margin Expands to 37.4%
Gross profit margin increased to 37.4% from 31.7% a year ago, benefiting from higher volumes and manufacturing operating leverage.
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Backlog Nearly Doubles to $13.5M
Sales order backlog/forward load reached $13.5 million as of July 31, 2026, up from $7.3 million at October 31, 2025, indicating strengthening demand.
Analysis · OCC · Manufacturing
A strong third quarter for Optical Cable saw net sales climb 22% year-over-year to $24.3 million, with net income of $1.9 million, or $0.21 per share, compared to $302,000 a year ago. Gross margin expanded to 37.4% from 31.7% as operating leverage kicked in. The sales order backlog grew to $13.5 million, nearly double the $7.3 million at fiscal year-end, suggesting demand momentum is building. Against that backdrop, the company's redeemable restricted stock liability jumped to $9.5 million from $5.1 million — a non-cash mark-to-market driven by the higher share price, not new dilution. The balance sheet shows $6.3 million drawn on the revolver with $6.6 million available, and a new $2.65 million term loan refinanced the prior real estate debt.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 30.1% of the 2014 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.11%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, OCC was trading at $13.10 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $115.6M. The 52-week trading range was $4.02 to $27.98. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.