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OSI Systems

OSIS

OSI Systems is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in homeland security, healthcare, defense, and aerospace.

Market cap
$3.64B-3.1%
Revenue$1.8B+7.0%
Net income$152.2M+7.5%
Free cash flow$72.5M+73.6%
EPS (diluted)$8.76+6.6%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 20, 2026 (In 3 weeks)
Revenue estimate$529.7M
EPS estimate$3.76

Financials

Q3 2026

Income statement

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Revenue$453.2M+2.0%
Gross profit$150.3M0.0%
Operating income$53.2M-5.3%
Net income$40.2M-2.2%
EPS (diluted)$2.33-2.9%

Balance sheet

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Cash & equivalents$345.2M+260%
Total debt$1.0B+107%
Total equity$894.3M+1.7%
Total assets$2.6B+22.8%

Cash flow

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Operating cash flow$14.5M-82.3%
CapEx$7.6M+67.3%
Free cash flow$6.9M-91.1%

Valuation & ratios

Valuation

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Market cap$3.64B-3.1%
Enterprise value$4.34B+3.8%
P/E23.9×-1.4×
P/S-0.2×

Profitability

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Gross margin32.8%-1.1pp
Operating margin12.1%-0.2pp
Net margin8.4%0.0pp
FCF margin4%+1.5pp

Returns & leverage

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Return on equity17.2%+0.4pp
Debt / equity1.2×+0.6×
Current ratio3.2×+1.1×

Segments

By segment

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Security Division$319.3M+1.4%
Optoelectronics And Manufacturing Division$111.0M+10.1%
Healthcare Division$40.7M-6.9%

By product

See full
Service$108.3M+5.0%

Competitors

Profile

OSI Systems is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in homeland security, healthcare, defense, and aerospace. The company leverages its internal manufacturing capabilities to provide high-performance security screening, patient monitoring, and optoelectronic subsystems to global government and commercial customers.

Competitive position

A leading vertically integrated provider of security screening and patient monitoring solutions with a significant global installed base and turnkey service expertise.

GeographiesNorth America, Europe, Asia Pacific, Latin America, Middle East
Customer segmentsGovernment, Healthcare Providers, B2B OEM
Business modelManufacturing, Turnkey Service Provider, Software-as-a-Service (SaaS), After-market Services
SuppliersX-ray generators, Linear accelerators, Semiconductor wafers, Electronic components, Scintillation crystals
CustomersU.S. Department of Homeland Security, U.S. Department of Defense, NHS Supplies Organization, International Customs Authorities, Global Hospital Networks
Listed1997
Employees6.4K
CEOAjay Mehra
FilingsSEC EDGAR

Questions, answered.

What is OSI Systems's market cap?
OSI Systems (OSIS) has a market capitalization of $3.6B and trades on NASDAQ.
What is OSI Systems's revenue and profitability?
OSI Systems generated $1.8B in trailing twelve-month revenue with net income of $152.2M, representing a net margin of 8.4%. Gross margin stands at 32.8%, with free cash flow of $72.5M. These figures are based on the Q1 2026 filing.
Who are OSI Systems's competitors?
OSI Systems's key competitors include Leidos Holdings Inc., GE HealthCare, Conmed Corp, and others. These companies compete in similar markets and product categories.
Who does OSI Systems partner with?
OSI Systems's notable partners include U.S. Department of Homeland Security, U.S. Transportation Security Administration.
What subsidiaries does OSI Systems have?
OSI Systems's subsidiaries include Rapiscan Systems, Spacelabs Healthcare, Advanced Photonix, and others.
Where is OSI Systems headquartered?
OSI Systems is headquartered in United States of America and employs approximately 6,423 people. It has been publicly traded since 1997.