Electro Optic Systems Hldgs (ASX:EOS) Operating Income: A$-58.2 Mil (TTM As of Dec. 2025)

What is Electro Optic Systems Hldgs Operating Income?

Electro Optic Systems Hldgs ASX:EOS -6.24% 63 Operating Income is A$-58.2 Mil as of Dec. 2025. GuruFocus rates ASX:EOS with a GF Score™ of 63/100 and a GF Value™ of A$1.22 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Electro Optic Systems Hldgs's Operating Income for the six months ended in Dec. 2025 was A$-33.2 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was A$-58.2 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Electro Optic Systems Hldgs's Operating Income for the six months ended in Dec. 2025 was A$-33.2 Mil. Electro Optic Systems Hldgs's Revenue for the six months ended in Dec. 2025 was A$84.4 Mil. Therefore, Electro Optic Systems Hldgs's Operating Margin % for the quarter that ended in Dec. 2025 was -39.35%.

Warning Sign:

Electro Optic Systems Hldgs Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -23.6%.

Electro Optic Systems Hldgs's 5-Year average Growth Rate for Operating Margin % was -23.60% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Electro Optic Systems Hldgs's annualized ROC % for the quarter that ended in Dec. 2025 was -26.63%. Electro Optic Systems Hldgs's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -79.34%.

Electro Optic Systems Hldgs (ASX:EOS) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Electro Optic Systems Hldgs's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

	ROC % (Q: Dec. 2025 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2025 )	+	Invested Capital (Q: Dec. 2025 ))	/ count )
=	-66.418 * ( 1 - 15.09% )	/	( (203.52	+	220.003)	/ 2 )
=	-56.3955238	/	211.7615
=	-26.63 %

where

	Invested Capital		(Q: Jun. 2025 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	348.876	-	15.067	-	( 130.289	-	max(0, 56.971	-	248.672	+	130.289	))
=	203.52

	Invested Capital		(Q: Dec. 2025 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	374.737	-	40.893	-	( 113.841	-	max(0, 112.835	-	264.009	+	113.841	))
=	220.003

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Electro Optic Systems Hldgs's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2025 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2025		Q: Dec. 2025
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-64.336	/	( ( (26.507 + max(66.063, 0))	+	(34.228 + max(35.374, 0)) )	/	2 )
=	-64.336	/	( ( 92.57	+	69.602 )	/	2 )
=	-64.336	/	81.086
=	-79.34 %

where Working Capital is:

	Working Capital		(Q: Jun. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(27.67	+	73.538	+	17.175)	-	(15.067	+	2.409	+	34.844)
=	66.063

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(24.36	+	80.613	+	38.43)	-	(40.893	+	42.464	+	24.672)
=	35.374

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Electro Optic Systems Hldgs's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %	=	Operating Income (Q: Dec. 2025 )	/	Revenue (Q: Dec. 2025 )
	=	-33.209	/	84.388
	=	-39.35 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.

Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.

Electro Optic Systems Hldgs Operating Income Related Terms

Electro Optic Systems Hldgs Operating Income Historical Data

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The historical data trend for Electro Optic Systems Hldgs's Operating Income can be seen below:

Electro Optic Systems Hldgs Operating Income Chart

Electro Optic Systems Hldgs Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Operating Income

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-10.67

-55.84

-8.02

-27.53

-58.23

Electro Optic Systems Hldgs Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
Operating Income	Get a 7-Day Free Trial															14.21	2.66	-30.19	-25.02	-33.21

63GF Score

Electro Optic Systems Hldgs Ltd ASX:EOS

Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.

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Electro Optic Systems Hldgs Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-58.2 Mil.

Frequently Asked Questions Learn more about Operating Income →

What does a Operating Income of A$-58.2 Mil mean?

Electro Optic Systems Hldgs (ASX:EOS) has a Operating Income of A$-58.2 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Electro Optic Systems Hldgs and its competitors.

Is Electro Optic Systems Hldgs' Operating Income too high?

Electro Optic Systems Hldgs' current Operating Income is A$-58.2 Mil. Overall, Electro Optic Systems Hldgs has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Electro Optic Systems Hldgs' Operating Income compare to SPCX and GE?

Electro Optic Systems Hldgs' Operating Income of A$-58.2 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Operating Income for an Aerospace & Defense company?

A good Operating Income depends on the Aerospace & Defense industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Operating Income mean?

A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Electro Optic Systems Hldgs and its competitors. Electro Optic Systems Hldgs's current Operating Income is A$-58.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Electro Optic Systems Hldgs stock overvalued right now?

Based on GuruFocus' analysis, Electro Optic Systems Hldgs (ASX:EOS) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.22, compared to a current price of A$8.41 — trading 589.3% above its estimated fair value. The current Operating Income is A$-58.2 Mil. Electro Optic Systems Hldgs' overall GF Score™ is 63/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Operating Income calculated?

Operating Income is calculated from a company's financial statements. For Electro Optic Systems Hldgs (ASX:EOS), the current Operating Income is A$-58.2 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Electro Optic Systems Hldgs (ASX:EOS) Overvalued in 2026?

Based on GuruFocus' analysis, Electro Optic Systems Hldgs stock appears to be overvalued. The current stock price of A$8.41 is trading 589.3% above its estimated GF Value™ of A$1.22. GuruFocus considers Electro Optic Systems Hldgs to be Significantly Overvalued.

Key valuation signals for ASX:EOS:

Operating Income: A$-58.2 Mil
GF Value™: A$1.22 vs. price of A$8.41 (589.3% above fair value)
GF Score™: 63/100 with 5 warning signs

No single metric tells the full story. See the ASX:EOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Electro Optic Systems Hldgs Business Description

Industry Industrials Aerospace & Defense

Comparable Companies ASX:DRO ASX:ASB ASX:BST ASX:VEE ASX:OEC ASX:HCL SPCX GE RTX XPAR:AIR BA XPAR:SAF LSE:RR.LMT HWM GD TDG LSE:BA.NOC HONAV

Other Exchanges EOPSF:USA GP6:Germany

Address 1 Taubman Street, Level 2, Symonston, Canberra, ACT, AUS, 2609

Website https://www.eos-aus.com

Electro Optic Systems Hldgs Ltd is an Australian technology company. It develops and produces electro-optic technologies for the aerospace market. The group's reportable segments are Defence and Space Systems. It generates maximum revenue from the Defence segment. The Defence segment develops, manufactures, and markets fire control, surveillance, and weapon systems to approved military customers. The Space Systems segment includes a range of ground products available to support the Australian and international space markets. Geographically, it derives a majority of its revenue from Australia.

63GF Score

Get the complete analysis for ASX:EOS

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$8.41

Price

A$1.22

GF Value

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