Optical Cable Corporation, headquartered in Roanoke, Virginia, manufactures fiber optical cable. The company's cable is largely used for telecommunications and is sold both in the US and seventy other countries worldwide. OCC also manufactures military land tactical fiber optic cable for the U.S. military.3Wikipedia text CC BY-SA 4.0
Optical Cable Corporation, headquartered in Roanoke, Virginia, manufactures fiber optical cable. The company's cable is largely used for telecommunications and is sold both in the US and seventy other countries worldwide. OCC also manufactures military land tactical fiber optic cable for the U.S. military.3
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Revenue9101112135$73.0M in 2025−17% since 2018Gross profit14101112135$22.6M in 2025−19% since 2018Operating income14101112135-$450.3K in 2025Net income14101112135-$1.5M in 2025
Revenue1516$24.3M in Q3 FY2026+9% since Q2 FY2026Gross profit1516$9.1M in Q3 FY2026+20% since Q2 FY2026Operating income1516$2.1M in Q3 FY2026+62% since Q2 FY2026Net income1516$1.9M in Q3 FY2026
Every line of the income statement as filed: the last 2 fiscal years (annual) or 8 quarters (quarterly), latest first.5
Period ending
2025-10-31
2024-10-31
Net sales
$73.0M
$66.7M
Cost of goods sold
$50.4M
$48.5M
Gross profit
$22.6M
$18.2M
Selling, general and administrative expenses
$23.0M
$21.5M
Royalty expense, net
$26.3K
$26.4K
Amortization of intangible assets
$54.4K
$54.1K
Loss from operations
-$450.3K
-$3.4M
Interest expense
-$1.0M
-$1.2M
Gain on insurance proceeds, net
$0
$304.3K
Other, net
$31.1K
$49.1K
Other expense, net
-$974.2K
-$813.2K
Loss before income taxes
-$1.4M
-$4.2M
Income tax expense
$30.3K
$20.7K
Net loss
-$1.5M
-$4.2M
Net loss per share - basic and diluted (in dollars per share)
-$0.18
-$0.54
Period ending
2025-10-31
2025-07-31
2025-04-30
2025-01-31
2024-10-31
2024-07-31
2024-04-30
2024-01-31
Net sales
$19.8M
$19.9M
$17.5M
$15.7M
$19.5M
$16.2M
$16.1M
$14.9M
Gross profit
$6.3M
$6.3M
$5.3M
$4.6M
$6.5M
$3.9M
$4.0M
$3.7M
Selling, general and administrative expenses
$6.0M
$5.7M
$5.7M
$5.5M
$5.9M
$5.2M
$5.3M
$5.1M
Loss from operations
$268.7K
$562.5K
-$429.2K
-$852.4K
$662.1K
-$1.3M
-$1.3M
-$1.4M
Loss before income taxes
$47.6K
$306.4K
-$683.1K
-$1.1M
$373.2K
-$1.6M
-$1.6M
-$1.4M
Net loss
$48.6K
$301.9K
-$697.9K
-$1.1M
$373.5K
-$1.6M
-$1.6M
-$1.4M
Net loss per share - basic and diluted (in dollars per share)
$0.01
$0.04
-$0.09
-$0.14
$0.05
-$0.20
-$0.21
-$0.18
Total assets1714101112135$40.1M in 2025−7% since 2018Total liabilities1714101112135$18.5M in 2025+13% since 2018Shareholders’ equity101112135$16.5M in 2025−38% since 2018Cash1714101112135$237.5K in 2025+34% since 2018Long-term debt1714101112$2.6M in 2023−57% since 2018
Total assets1516$44.9M in Q3 FY2026+6% since Q2 FY2026Total liabilities1516$20.6M in Q3 FY2026+2% since Q2 FY2026Shareholders’ equity1516$14.7M in Q3 FY2026−19% since Q2 FY2026Cash1516$297.2K in Q3 FY2026+104% since Q2 FY2026
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.5
Period ending
2025-10-31
2024-10-31
2023-10-31
Cash
$237.5K
$244.2K
Trade accounts receivable, net of allowance for credit losses of $72,909 in 2025 and $92,125 in 2024
$10.3M
$10.9M
Income taxes refundable - current
$13.5K
$5.0K
Other receivables
$19.9K
$60.5K
Inventories
$19.8M
$18.7M
Prepaid expenses and other assets
$402.5K
$618.9K
Total current assets
$30.8M
$30.6M
Property and equipment, net
$6.6M
$6.9M
Intangible assets, net
$481.2K
$514.0K
Other assets, net
$2.2M
$2.4M
Total assets
$40.1M
$40.4M
Current installments of long-term debt
$2.6M
$57.2K
Note payable, revolver - current
$5.6M
$8.3M
Accounts payable and accrued expenses
$6.8M
$5.2M
Accrued compensation and payroll taxes
$1.8M
$1.6M
Income taxes payable
$24.7K
$18.5K
Total current liabilities
$16.9M
$15.1M
Long-term debt, excluding current installments
$0
$2.6M
Other noncurrent liabilities
$1.6M
$1.8M
Total liabilities
$18.5M
$19.5M
Redeemable restricted common stock, no par value, 642,199 shares issued and outstanding as of October 31, 2025 and no shares issued and outstanding as of October 31, 2024
$5.1M
$0
Preferred stock, no par value, authorized 1,000,000 shares; none issued and outstanding
$0
$0
Common stock, no par value, authorized 50,000,000 shares; issued and outstanding 8,227,871 shares in 2025 and 8,220,344 shares in 2024
$15.7M
$15.5M
Retained earnings
$763.2K
$5.4M
Total shareholders equity
$16.5M
$20.8M
$24.7M
Total liabilities, redeemable common stock and shareholders' equity
$40.1M
$40.4M
Accounts Receivable, Allowance for Credit Loss, Current
$72.9K
$92.1K
$71.2K
Temporary Equity, Par or Stated Value Per Share (in dollars per share)
$0.00
$0.00
Temporary Equity, Shares Issued (in shares)
642.2K shares
0 shares
Temporary Equity, Shares Outstanding (in shares)
642.2K shares
0 shares
Preferred Stock, No Par Value (in dollars per share)
$0
$0
Preferred Stock, Shares Authorized (in shares)
1.0M shares
1.0M shares
Preferred Stock, Shares Issued (in shares)
0 shares
0 shares
Preferred Stock, Shares Outstanding (in shares)
0 shares
0 shares
Common Stock, No Par Value (in dollars per share)
$0
$0
Common Stock, Shares Authorized (in shares)
50.0M shares
50.0M shares
Common Stock, Shares, Issued (in shares)
8.2M shares
8.2M shares
Common Stock, Shares, Outstanding (in shares)
8.2M shares
8.2M shares
Period ending
2025-10-31
2024-10-31
2023-10-31
Cash
$237.5K
$244.2K
Trade accounts receivable, net of allowance for credit losses of $72,909 in 2025 and $92,125 in 2024
$10.3M
$10.9M
Income taxes refundable - current
$13.5K
$5.0K
Other receivables
$19.9K
$60.5K
Inventories
$19.8M
$18.7M
Prepaid expenses and other assets
$402.5K
$618.9K
Total current assets
$30.8M
$30.6M
Property and equipment, net
$6.6M
$6.9M
Intangible assets, net
$481.2K
$514.0K
Other assets, net
$2.2M
$2.4M
Total assets
$40.1M
$40.4M
Current installments of long-term debt
$2.6M
$57.2K
Note payable, revolver - current
$5.6M
$8.3M
Accounts payable and accrued expenses
$6.8M
$5.2M
Accrued compensation and payroll taxes
$1.8M
$1.6M
Income taxes payable
$24.7K
$18.5K
Total current liabilities
$16.9M
$15.1M
Long-term debt, excluding current installments
$0
$2.6M
Other noncurrent liabilities
$1.6M
$1.8M
Total liabilities
$18.5M
$19.5M
Redeemable restricted common stock, no par value, 642,199 shares issued and outstanding as of October 31, 2025 and no shares issued and outstanding as of October 31, 2024
$5.1M
$0
Preferred stock, no par value, authorized 1,000,000 shares; none issued and outstanding
$0
$0
Common stock, no par value, authorized 50,000,000 shares; issued and outstanding 8,227,871 shares in 2025 and 8,220,344 shares in 2024
$15.7M
$15.5M
Retained earnings
$763.2K
$5.4M
Total shareholders equity
$16.5M
$20.8M
$24.7M
Total liabilities, redeemable common stock and shareholders' equity
$40.1M
$40.4M
Accounts Receivable, Allowance for Credit Loss, Current
$72.9K
$92.1K
$71.2K
Temporary Equity, Par or Stated Value Per Share (in dollars per share)
$0.00
$0.00
Temporary Equity, Shares Issued (in shares)
642.2K shares
0 shares
Temporary Equity, Shares Outstanding (in shares)
642.2K shares
0 shares
Preferred Stock, No Par Value (in dollars per share)
$0
$0
Preferred Stock, Shares Authorized (in shares)
1.0M shares
1.0M shares
Preferred Stock, Shares Issued (in shares)
0 shares
0 shares
Preferred Stock, Shares Outstanding (in shares)
0 shares
0 shares
Common Stock, No Par Value (in dollars per share)
$0
$0
Common Stock, Shares Authorized (in shares)
50.0M shares
50.0M shares
Common Stock, Shares, Issued (in shares)
8.2M shares
8.2M shares
Common Stock, Shares, Outstanding (in shares)
8.2M shares
8.2M shares
Cash from operations14101112135$1.4M in 2025−56% since 2018Capital spending14101112135$295.5K in 2025−57% since 2018Free cash flow14101112135$1.1M in 2025−56% since 2018Share buybacks1410$0 in 2021
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.5
Period ending
2025-10-31
2024-10-31
Net loss
-$1.5M
-$4.2M
Depreciation and amortization
$804.5K
$865.9K
Bad debt expense (recovery)
-$19.2K
$20.9K
Share-based compensation expense
$386.6K
$443.2K
Gain on insurance proceeds, net
$0
-$304.3K
Loss on disposal of property and equipment
$6.3K
$3.4K
Trade accounts receivable
$684.8K
-$2.2M
Other receivables
$40.7K
$337.2K
Income taxes refundable
-$8.5K
$76.8K
Inventories
-$1.1M
$5.0M
Prepaid expenses and other assets
$216.4K
-$23.5K
Other assets
$440.2K
$411.8K
Accounts payable and accrued expenses
$1.6M
-$829.1K
Accrued compensation and payroll taxes
$217.0K
-$282.5K
Income taxes payable
$6.2K
-$4.2K
Other noncurrent liabilities
-$382.2K
-$164.2K
Net cash provided by (used in) operating activities
$1.4M
-$857.0K
Purchase of and deposits for the purchase of property and equipment
-$295.5K
-$369.6K
Insurance proceeds received
$0
$304.3K
Investment in intangible assets
-$21.7K
-$1.8K
Net cash used in investing activities
-$317.2K
-$67.1K
Payroll taxes withheld and remitted on share-based payments
-$107.3K
-$113.0K
Principal payments on long-term debt
-$57.2K
-$47.3K
Payments for financing costs
-$100.0K
-$100.0K
Issuance of redeemable common stock, net of issuance costs
$1.9M
$0
Principal payments on financing lease
-$49.7K
-$37.5K
Net cash used in financing activities
-$1.1M
-$300.3K
Net decrease in cash
-$6.7K
-$1.2M
Cash payments for interest
$891.3K
$1.1M
Income taxes paid, net of refunds
-$25.8K
-$53.4K
Capital expenditures accrued in accounts payable at year end
Optical Cable Corporation sits at the top of its group. 3 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Optical Cable CorporationRoanoke, Virginia, United States
Applied Optical Systems, Inc., incorporated in the State of Subsidiary · Delaware, United States
Centric Solutions LLC, organized in the State of Subsidiary · Delaware, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Optical Cable Corporation reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
We own our facility located in Roanoke County, Virginia, and the land on which our Roanoke facility is located. Our Roanoke facility primarily houses our corporate headquarters, our administrative offices, our fiber optic cable manufacturing operations, our fiber optic cable product development function and our fiber optic cable warehouse. Our Roanoke facility is situated on approximately 23 acres of land (of which approximately 11 acres is currently unused) located near the Roanoke-Blacksburg Regional Airport in Roanoke, Virginia, interstate I-81, and major trucking company facilities. Our Roanoke facility building is approximately 146,000 square feet.
We own our facility in Swannanoa, North Carolina, which is near Asheville, North Carolina and the land on which our Asheville facility is located. Our Asheville facility primarily houses administrative offices, our enterprise connectivity manufacturing operations, our enterprise connectivity product development function and our enterprise connectivity warehouse. Our Asheville facility is situated on approximately 13 acres of land located east of Asheville, North Carolina. The Asheville facility includes two buildings totaling approximately 64,000 square feet. Our office building at the Asheville facility sustained water damage from a burst water pipe at the end of December 2022, and is not currently being used. The office building is separate from our manufacturing building, which houses our manufacturing operations and certain offices at the same location.
The rest of Item 2
We lease our facility in Plano, Texas, which is near Dallas, Texas. Our Dallas facility primarily houses administrative offices, our harsh environment and specialty connectivity manufacturing operations, certain enterprise connectivity manufacturing operations, our harsh environment and specialty connectivity product development function, and our harsh environment and specialty connectivity warehouse. Our Dallas facility is located in an industrial complex of suites. The space leased is approximately 34,000 square feet.
We lease a warehouse facility in Roanoke, Virginia. The space leased is approximately 36,000 square feet and is used primarily to store raw materials and other items related to our fiber optic cable operations.
We believe that we operated at approximately 50% of our production equipment capacity on average at our collective manufacturing facilities during fiscal year 2025. This determination is based on a capacity calculation that assumes we would be fully staffed to run production at all of our locations twenty-four hours per day, seven days a week, all year. Since various production equipment is specialized and our product mix varies, individual manufacturing equipment may operate at higher or lower production capacity during any given period of time. Additionally, we can experience capacity constraints based on the types of products that are being manufactured at any given time and related inherent limitations in the manufacturing process as well as the time it takes to hire and train new employees.
Additional personnel would need to be hired and trained, additional warehousing space may be needed, and, depending on product mix, certain additional production equipment may need to be acquired, to fully utilize our available production equipment capacity at all of our facilities. We can provide no assurance as to the time required to complete the process of hiring and training personnel or to acquire and install certain additional production equipment or our ability to secure additional warehousing space, necessary to fully utilize our available production capacity.
Founded in 1983 by Bob Thompson and Robert Kopstein, OCC designs and manufactures telecommunications cable products. OCC currently employs a worldwide network of distributors for its range of products.
Since 1996, OCC has been publicly traded (NASDAQ GM: OCC), with customers in more than 70 countries.
Applied Optical Systems, Inc., incorporated in the State of Delaware.8
Centric Solutions LLC, organized in the State of Delaware.8
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Acquisitions
In recent years, OCC has acquired two companies. Acquired on June 2, 2008, the business formerly known as SMP Data Communications develops products for connectivity and networking. On November 1, 2009, OCC acquired Applied Optical Systems, a facility that manufactures specialty fiber optic connectors and connectivity solutions for military and harsh environment applications.
In addition, the company offers a broad range of Mine Safety and Health Administration–approved cable.
Mar 11, 2025Reported quarterly or annual results37
Dec 26, 2024Reported quarterly or annual results38
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
131 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 34 major events, 54 insider forms, 4 large holders, 1 private raises, 18 other. The latest 20:
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
Where the company's money came from, by calendar year: private offerings filed with the SEC,
federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA.
Each bar links to the records below.
Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.
Jul 7, 2025Raised $2 million in a private offering of equity26Form D: 1 investor so farForm D
PPP loans
Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA43. Matched to this company by name and state.
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 42. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Optical Cable Corporation is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
From the cover page of the 10-K filed Dec 18, 2025 (Section 12(b) of the Exchange Act).18
Risk factors and legal proceedings
Legal proceedings
From time to time, we are involved in various claims, legal actions and regulatory reviews arising in the ordinary course of business. In the opinion of management, the ultimate disposition of these matters will not have a material adverse effect on our financial position, results of operations or liquidity.