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Osi Systems Financials

OSIS
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE June

This page shows Osi Systems (OSIS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 52 / 100
Financial Profile 52/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
50

Osi Systems has an operating margin of 12.7%, meaning the company retains $13 of operating profit per $100 of revenue. This results in a moderate score of 50/100, indicating healthy but not exceptional operating efficiency. This is up from 12.3% the prior year.

Growth
52

Osi Systems's revenue grew 11.3% year-over-year to $1.7B, a solid pace of expansion. This earns a growth score of 52/100.

Leverage
92

Osi Systems carries a low D/E ratio of 0.49, meaning only $0.49 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 92/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
37

Osi Systems's current ratio of 2.04 indicates adequate short-term liquidity, earning a score of 37/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow
36

Osi Systems has a free cash flow margin of 4.3%, earning a moderate score of 36/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
46

Osi Systems's ROE of 15.7% shows moderate profitability relative to equity, earning a score of 46/100. This is up from 14.8% the prior year.

Altman Z-Score Safe
4.12

Osi Systems scores 4.12, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Neutral
5/9

Osi Systems passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Mixed
0.65x

For every $1 of reported earnings, Osi Systems generates $0.65 in operating cash flow ($97.6M OCF vs $149.6M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Revenue
$1.7B
YoY+11.3%
5Y CAGR+8.0%
10Y CAGR+6.0%

Osi Systems generated $1.7B in revenue in fiscal year 2025. This represents an increase of 11.3% from the prior year.

EBITDA
$261.1M
YoY+12.9%
5Y CAGR+11.0%
10Y CAGR+5.6%

Osi Systems's EBITDA was $261.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 12.9% from the prior year.

Net Income
$149.6M
YoY+16.8%
5Y CAGR+14.7%
10Y CAGR+8.7%

Osi Systems reported $149.6M in net income in fiscal year 2025. This represents an increase of 16.8% from the prior year.

EPS (Diluted)
$8.71
YoY+18.0%
5Y CAGR+16.6%
10Y CAGR+10.6%

Osi Systems earned $8.71 per diluted share (EPS) in fiscal year 2025. This represents an increase of 18.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$73.8M
YoY+167.3%
5Y CAGR-7.4%
10Y CAGR-2.0%

Osi Systems generated $73.8M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 167.3% from the prior year.

Cash & Debt
$106.4M
YoY+11.6%
5Y CAGR+6.9%
10Y CAGR+8.4%

Osi Systems held $106.4M in cash against $463.5M in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
17M
YoY-1.5%
5Y CAGR-1.4%
10Y CAGR-1.6%

Osi Systems had 17M shares outstanding in fiscal year 2025. This represents a decrease of 1.5% from the prior year.

Margins & Returns

Gross Margin
34.3%
YoY-0.2pp
5Y CAGR-1.8pp
10Y CAGR+0.3pp

Osi Systems's gross margin was 34.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.2 percentage points from the prior year.

Operating Margin
12.7%
YoY+0.4pp
5Y CAGR+3.7pp
10Y CAGR+3.1pp

Osi Systems's operating margin was 12.7% in fiscal year 2025, reflecting core business profitability. This is up 0.4 percentage points from the prior year.

Net Margin
8.7%
YoY+0.4pp
5Y CAGR+2.3pp
10Y CAGR+1.9pp

Osi Systems's net profit margin was 8.7% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.4 percentage points from the prior year.

Return on Equity
15.7%
YoY+0.9pp
5Y CAGR+2.6pp
10Y CAGR+4.5pp

Osi Systems's ROE was 15.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.9 percentage points from the prior year.

Capital Allocation

R&D Spending
$73.4M
YoY+12.5%
5Y CAGR+5.1%
10Y CAGR+3.6%

Osi Systems invested $73.4M in research and development in fiscal year 2025. This represents an increase of 12.5% from the prior year.

Share Buybacks
$80.4M
5Y CAGR+9.2%
10Y CAGR+10.1%

Osi Systems spent $80.4M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures
$23.8M
YoY+7.8%
5Y CAGR+2.5%
10Y CAGR+4.5%

Osi Systems invested $23.8M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 7.8% from the prior year.

OSIS Income Statement

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Revenue $464.1M+20.7% $384.6M-23.8% $505.0M+13.6% $444.4M+5.8% $419.8M+22.0% $344.0M-28.5% $480.9M+18.6% $405.4M
Cost of Revenue $312.4M+19.5% $261.4M-22.4% $336.7M+14.5% $294.1M+7.8% $272.7M+22.5% $222.5M-31.9% $326.6M+21.3% $269.3M
Gross Profit $151.6M+23.1% $123.2M-26.8% $168.2M+11.9% $150.3M+2.1% $147.2M+21.1% $121.5M-21.3% $154.3M+13.4% $136.1M
R&D Expenses $19.8M-3.3% $20.4M+8.4% $18.8M+1.5% $18.6M+1.7% $18.3M+2.7% $17.8M+12.1% $15.9M-7.5% $17.1M
SG&A Expenses $70.2M+4.8% $67.0M-10.4% $74.7M+2.0% $73.2M+3.6% $70.7M-2.1% $72.2M+0.7% $71.7M+7.8% $66.6M
Operating Income $58.8M+77.8% $33.1M-54.7% $73.0M+29.9% $56.2M-3.0% $58.0M+91.1% $30.3M-51.7% $62.8M+22.3% $51.4M
Interest Expense N/A N/A $7.2M-12.2% $8.2M-4.5% $8.6M+17.1% $7.4M-9.8% $8.2M+10.1% $7.4M
Income Tax $9.4M+83.3% $5.1M-60.8% $13.1M+90.4% $6.9M-40.5% $11.5M+128.9% $5.0M-49.6% $10.0M+0.7% $9.9M
Net Income $38.7M+88.3% $20.6M-61.0% $52.7M+28.2% $41.1M+8.8% $37.8M+110.9% $17.9M-59.9% $44.7M+31.2% $34.0M
EPS (Diluted) $2.22+88.1% $1.18-61.1% $3.03+26.2% $2.40+8.1% $2.22+111.4% $1.05-58.8% $2.55+30.8% $1.95

OSIS Balance Sheet

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Total Assets $2.5B+9.7% $2.3B+2.6% $2.2B+7.7% $2.1B-2.3% $2.1B+0.8% $2.1B+9.2% $1.9B+5.7% $1.8B
Current Assets $1.7B+14.2% $1.5B+3.8% $1.4B+11.8% $1.3B-3.9% $1.3B+1.1% $1.3B+7.8% $1.2B+8.6% $1.1B
Cash & Equivalents $336.7M+170.6% $124.4M+16.9% $106.4M+11.0% $95.8M-5.7% $101.6M+19.5% $85.1M-10.8% $95.4M-6.0% $101.4M
Inventory $452.6M-0.3% $454.0M+11.5% $407.2M-7.2% $439.0M-0.6% $441.8M-3.1% $456.0M+14.6% $397.9M-10.1% $442.8M
Accounts Receivable $833.2M+0.6% $828.2M-1.1% $837.7M+24.6% $672.2M-4.5% $703.9M+2.4% $687.6M+6.1% $648.2M+28.6% $503.8M
Goodwill $385.7M+0.1% $385.4M-0.5% $387.4M+1.2% $382.9M+0.2% $382.2M+0.2% $381.4M+8.5% $351.5M-0.2% $352.1M
Total Liabilities $1.7B+23.9% $1.4B+4.9% $1.3B+7.4% $1.2B-7.9% $1.3B-1.7% $1.3B+23.7% $1.1B+5.4% $1.0B
Current Liabilities $535.4M-32.4% $791.7M+13.6% $696.9M+15.4% $604.0M-14.2% $703.7M-1.2% $712.5M-12.5% $814.6M+7.0% $761.7M
Long-Term Debt $998.9M+128.7% $436.8M-5.8% $463.5M-0.3% $465.1M-0.3% $466.6M-0.3% $468.1M+261.8% $129.4M-1.4% $131.2M
Total Equity $845.5M-10.6% $946.0M-0.5% $951.1M+8.2% $879.3M+6.5% $825.8M+5.0% $786.5M-8.9% $863.5M+6.2% $813.4M
Retained Earnings $862.0M-10.5% $962.8M+2.2% $942.3M+5.9% $889.5M+4.8% $848.4M+4.7% $810.6M-5.9% $861.2M+5.5% $816.6M

OSIS Cash Flow Statement

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Operating Cash Flow $62.2M+263.0% $17.1M+2949.3% $562K-99.3% $81.6M+55.4% $52.5M+241.4% -$37.2M-27.9% -$29.0M+44.2% -$52.1M
Capital Expenditures $6.7M-4.9% $7.0M+14.9% $6.1M+35.4% $4.5M-17.7% $5.5M-28.7% $7.7M-9.3% $8.5M+72.9% $4.9M
Free Cash Flow $55.5M+449.2% $10.1M+281.9% -$5.6M-107.2% $77.1M+63.9% $47.1M+204.9% -$44.9M-19.5% -$37.5M+34.1% -$57.0M
Investing Cash Flow -$10.5M+4.1% -$10.9M+4.1% -$11.4M-28.3% -$8.9M+11.7% -$10.1M+88.5% -$87.5M-588.6% -$12.7M-306.3% -$3.1M
Financing Cash Flow $160.4M+1216.5% $12.2M-40.5% $20.5M+126.0% -$78.8M-220.7% -$24.6M-121.6% $113.8M+239.3% $33.5M-0.4% $33.7M
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A $0 $0 $0-100.0% $80.4M N/A N/A

OSIS Financial Ratios

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Gross Margin 32.7%+0.6pp 32.0%-1.3pp 33.3%-0.5pp 33.8%-1.2pp 35.0%-0.3pp 35.3%+3.2pp 32.1%-1.5pp 33.6%
Operating Margin 12.7%+4.1pp 8.6%-5.9pp 14.5%+1.8pp 12.7%-1.2pp 13.8%+5.0pp 8.8%-4.2pp 13.1%+0.4pp 12.7%
Net Margin 8.3%+3.0pp 5.3%-5.1pp 10.4%+1.2pp 9.3%+0.3pp 9.0%+3.8pp 5.2%-4.1pp 9.3%+0.9pp 8.4%
Return on Equity 4.6%+2.4pp 2.2%-3.4pp 5.5%+0.9pp 4.7%+0.1pp 4.6%+2.3pp 2.3%-2.9pp 5.2%+1.0pp 4.2%
Return on Assets 1.5%+0.6pp 0.9%-1.5pp 2.4%+0.4pp 2.0%+0.2pp 1.8%+0.9pp 0.9%-1.5pp 2.3%+0.5pp 1.9%
Current Ratio 3.15+1.3 1.87-0.2 2.04-0.1 2.11+0.2 1.88+0.0 1.84+0.3 1.49+0.0 1.47
Debt-to-Equity 1.18+0.7 0.46-0.0 0.49-0.0 0.53-0.0 0.56-0.0 0.60+0.4 0.15-0.0 0.16
FCF Margin 12.0%+9.3pp 2.6%+3.7pp -1.1%-18.5pp 17.4%+6.2pp 11.2%+24.3pp -13.0%-5.2pp -7.8%+6.3pp -14.1%

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Frequently Asked Questions

Osi Systems (OSIS) reported $1.7B in total revenue for fiscal year 2025. This represents a 11.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Osi Systems (OSIS) revenue grew by 11.3% year-over-year, from $1.5B to $1.7B in fiscal year 2025.

Yes, Osi Systems (OSIS) reported a net income of $149.6M in fiscal year 2025, with a net profit margin of 8.7%.

Osi Systems (OSIS) reported diluted earnings per share of $8.71 for fiscal year 2025. This represents a 18.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Osi Systems (OSIS) had EBITDA of $261.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Osi Systems (OSIS) had $106.4M in cash and equivalents against $463.5M in long-term debt.

Osi Systems (OSIS) had a gross margin of 34.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Osi Systems (OSIS) had an operating margin of 12.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Osi Systems (OSIS) had a net profit margin of 8.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Osi Systems (OSIS) has a return on equity of 15.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Osi Systems (OSIS) generated $73.8M in free cash flow during fiscal year 2025. This represents a 167.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Osi Systems (OSIS) generated $97.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Osi Systems (OSIS) had $2.2B in total assets as of fiscal year 2025, including both current and long-term assets.

Osi Systems (OSIS) invested $23.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Osi Systems (OSIS) invested $73.4M in research and development during fiscal year 2025.

Yes, Osi Systems (OSIS) spent $80.4M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Osi Systems (OSIS) had 17M shares outstanding as of fiscal year 2025.

Osi Systems (OSIS) had a current ratio of 2.04 as of fiscal year 2025, which is generally considered healthy.

Osi Systems (OSIS) had a debt-to-equity ratio of 0.49 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Osi Systems (OSIS) had a return on assets of 6.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Osi Systems (OSIS) has an Altman Z-Score of 4.12, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Osi Systems (OSIS) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Osi Systems (OSIS) has an earnings quality ratio of 0.65x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Osi Systems (OSIS) scores 52 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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