OCC, US6838272085

Optical Cable Corporation stock reports 22.0 percent Q3 sales growth

Published on 10/04/2026 at 14:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Optical Cable Corporation stock posted USD 24.3 million in fiscal Q3 sales on September 9, up 22.0 percent year over year. Net income reached USD 1.9 million.

OCC, US6838272085, Illustration mit AI erstellt.

Optical Cable Corporation stock is anchored by fiscal third-quarter sales of USD 24.3 million, up 22.0 percent year over year for the period ended July 31, 2026. PR Newswire reported the figures on September 9, 2026, including a sharp improvement in profit and gross margin.

Sales growth reaches data markets

OCC said enterprise, data center and specialty markets drove the quarterly increase, while sales to US customers rose 20.3 percent and sales outside the United States increased 28.8 percent from the prior-year quarter. Net sales for the first nine months of fiscal 2026 reached USD 62.9 million, an 18.3 percent increase from USD 53.2 million in the comparable period.

Gross profit rose 43.9 percent to USD 9.1 million, and gross margin expanded to 37.4 percent from 31.7 percent. That 5.7 percentage point improvement matters because the company also reported SG&A expenses of USD 7.0 million, equal to 28.7 percent of quarterly sales versus 28.8 percent a year earlier, keeping expense growth below the pace of gross-profit expansion.

Profit and backlog improve

Net income reached USD 1.9 million, or USD 0.21 per basic and diluted share, compared with USD 302,000, or USD 0.04 per share, in fiscal Q3 2025. For the first nine months, OCC posted net income of USD 2.5 million, reversing a USD 1.5 million loss in the year-earlier period.

The sales order backlog and forward load stood at USD 13.5 million on July 31, 2026, compared with USD 13.3 million on April 30 and USD 7.3 million on October 31, 2025. MarketBeat highlighted the backlog alongside OCC's exposure to enterprise, data center and specialty demand, while also pointing to working-capital needs as a risk for a small company.

Nasdaq valuation follows a strong year

OCC was last at USD 18.24 on Nasdaq on October 2, 2026 at 4:00 p.m. ET, up USD 0.89, or 5.13 percent, from the prior close of USD 17.35. The session range was USD 17.89 to USD 18.61, and the stock remained 34.81 percent below its 52-week high of USD 27.98.

Market capitalization stood at USD 161.0 million on October 2, 2026, with volume of 227,425 shares. The combination of 22.0 percent quarterly sales growth, a 37.4 percent gross margin and a return to profit gives the valuation a clear operating benchmark: future results must convert demand and backlog into sustained earnings.