OCC — what changed in the latest 10-Q
A section-by-section comparison of OCC's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-06-08 vs the prior 10-Q · 2026-03-10
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +38 | −16 | ~29 | 35 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 1 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Market risk (Item 3), Legal proceedings, Risk factors, Other information
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-06-08
Consolidated net sales for the second quarter of fiscal year 2026 increased 26.6% to $22.2 million, compared to $17.5 million for the same period last year. Net sales for the second quarter of fiscal year 2026 increased 35.2% compared to $16.4 million for the first quarter of fiscal year 2026.
SG&A expenses were $6.3 million during the second quarter of fiscal year 2026, compared to $5.7 million for the same period last year. SG&A expenses as a percentage of net sales were 28.2% during the second quarter of fiscal year 2026, compared to 32.7% during the same period in fiscal year 2025, an…
We continue to see general market improvements in our industry, both domestically and internationally, with strength specifically in our enterprise, data center and severe duty markets.
At the end of the second quarter of fiscal year 2026, our sales order backlog/forward load was $13.3 million compared to $10.4 million as of January 31, 2026, and when compared to $7.3 million as of October 31, 2025.
Our gross profit increased 42.4% to $7.6 million in the second quarter of fiscal year 2026, compared to gross profit of $5.3 million in the second quarter of fiscal year 2025, and increased 41.4% compared to $5.4 million for the first quarter of fiscal year 2026.
Text removed vs the prior filing · source: 10-Q · 2026-03-10
Consolidated net sales for the first quarter of fiscal year 2026 increased 4.4% to $16.4 million, compared to $15.7 million for the same period last year.
SG&A expenses were $5.6 million during the first quarter of fiscal year 2026, compared to $5.5 million for the same period last year. SG&A expenses as a percentage of net sales were 33.8% during the first quarter of fiscal year 2026, compared to 34.7% during the same period in fiscal year 2025.
At the end of the first quarter of fiscal year 2026, our sales order backlog/forward load was $10.4 million compared to $7.3 million as of October 31, 2025.
Our gross profit increased 16.1% to $5.4 million in the first quarter of fiscal year 2026, compared to gross profit of $4.6 million in the first quarter of fiscal year 2025. Gross profit margin, or gross profit as a percentage of net sales, increased to 32.7% in the first quarter of fiscal year 2026…
Gross profit margin for the first quarter of fiscal 2026, when compared to the same period last year, was positively impacted by higher volumes, as fixed charges were spread over higher sales—the impact of our strong manufacturing operating leverage. Additionally, our gross profit margin percentages…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice