Precision Optics Corporation Inc (NASDAQ: POCI) is an optics and imaging technology company that designs and manufactures custom precision optical systems, components, and camera modules. Revenue comes from four segments: Systems Manufacturing, Engineering Design Services, MicroOptics Lab, and Ross Optical Industries, each billed on a project or product transactional basis. For the fiscal year ended June 30, 2025, total revenues were $19.1 million, essentially flat versus $19.1 million in FY2024. Systems Manufacturing was the largest segment in FY2025 at $8.3 million (43.4% of revenue), up 122.2% year over year, while Engineering Design Services declined to $4.9 million (25.9%) from $8.5 million (44.6%) in FY2024. Ross Optical Industries, acquired in June 2019 and based in El Paso, Texas, contributed $3.7 million (19.5%) in FY2025. The MicroOptics Lab segment generated $2.1 million (11.2%). Key end markets are minimally invasive medical devices, defense, aerospace, and industrial applications. The company is headquartered in Massachusetts and competes against larger optics, semiconductor, and medical device manufacturers with greater financial resources.
Microprecision lenses and micro medical cameras for minimally invasive and disposable endoscopes; custom camera module assemblies; digital imaging and illumination systems; optical components including lenses, prisms, mirrors, and windows with thin-film optical coatings; mechano-optical assemblies for defense and industrial use; end-to-end medical visualization device development (capabilities integrated from Lighthouse Imaging, LLC acquisition in October 2021).
Transactional revenue from custom-engineered optical systems, components, and assemblies across four business segments. Customers pay per project or per unit for engineering design services, manufactured optical systems, micro-optical components, and catalog or custom optical components sourced and assembled through Ross Optical Industries.
Medical device manufacturers requiring small-diameter endoscopes and single-use surgical visualization systems; U.S. defense and military customers requiring ITAR-controlled optical components and assemblies; aerospace and satellite communication programs; industrial customers. Customer concentration details are not disclosed in the filing excerpts.
Primarily U.S.-based operations, with manufacturing in Massachusetts and El Paso, Texas. Ross Optical Industries imports, exports, and manufactures optical products subject to U.S. Department of State and Department of Commerce ITAR regulations. Precision optical glass and certain fabricated components are sourced from suppliers outside the United States.
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