OSI Systems (OSIS) Financials

$217.65 -0.84 (-0.38%)

As of 03:07 PM Eastern

Annual Income Statements for OSI Systems

This table shows OSI Systems' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	6/30/2015	6/30/2016	6/30/2017	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024	6/30/2025
Net Income / (Loss) Attributable to Common Shareholders	65	26	21	754	65	75	74	115	92	128	150
Consolidated Net Income / (Loss)	65	26	21	-29	65	75	74	115	92	128	150
Net Income / (Loss) Continuing Operations	65	26	21	754	65	75	74	115	92	128	150
Total Pre-Tax Income	89	35	26	37	86	86	99	140	115	161	186
Total Operating Income	92	38	33	56	108	105	115	122	135	189	218
Total Gross Profit	325	277	324	783	431	421	420	424	431	530	587
Total Revenue	958	830	961	2,179	1,182	1,166	1,147	1,183	1,278	1,539	1,713
Operating Revenue	958	830	961	2,179	1,182	1,166	1,147	1,183	1,278	1,539	1,713
Total Cost of Revenue	633	553	637	1,395	752	745	727	759	848	1,008	1,126
Operating Cost of Revenue	633	553	637	1,395	752	745	727	759	848	1,008	1,126
Total Operating Expenses	233	238	290	-56	323	316	305	303	295	341	370
Selling, General & Admin Expense	172	167	193	240	262	252	241	236	228	270	291
Research & Development Expense	52	50	51	61	57	57	54	60	59	65	73
Restructuring Charge	9.85	22	47	35	3.83	6.48	10	7.54	7.57	6.39	5.34
Total Other Income / (Expense), net	-3.26	-2.88	-7.54	-19	-22	-19	-17	18	-20	-28	-31
Interest Expense	3.26	2.85	9.63	19	22	19	17	8.96	20	28	31
Income Tax Expense	24	9.34	4.68	66	21	11	25	25	23	33	36
Basic Earnings per Share	$3.29	$1.35	$1.12	($1.57)	$3.58	$4.14	$4.12	$6.57	$5.45	$7.55	$8.93
Weighted Average Basic Shares Outstanding	19.80M	19.43M	18.89M	18.59M	18.10M	18.19M	17.97M	17.55M	16.83M	16.98M	16.76M
Diluted Earnings per Share	$3.17	$1.30	$1.07	($1.57)	$3.46	$4.05	$4.03	$6.45	$5.34	$7.38	$8.71
Weighted Average Diluted Shares Outstanding	20.53M	20.08M	19.69M	18.59M	18.72M	18.60M	18.39M	17.87M	17.19M	17.35M	17.18M
Weighted Average Basic & Diluted Shares Outstanding	19.80M	19.40M	18.80M	18.60M	18.10M	18.08M	17.89M	16.91M	16.80M	16.57M	16.83M

This table shows OSI Systems' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	13	37	34	45	18	38	41	53	21	39	40
Consolidated Net Income / (Loss)	13	37	34	45	18	38	41	53	21	39	40
Net Income / (Loss) Continuing Operations	13	37	34	45	18	38	41	53	21	39	40
Total Pre-Tax Income	17	46	44	55	23	49	48	66	26	48	49
Total Operating Income	23	52	51	63	30	58	56	73	33	59	53
Total Gross Profit	99	141	136	154	122	147	150	168	123	152	150
Total Revenue	279	373	405	481	344	420	444	505	385	464	453
Operating Revenue	279	373	405	481	344	420	444	505	385	464	453
Total Cost of Revenue	180	232	269	327	223	273	294	337	261	312	303
Operating Cost of Revenue	180	232	269	327	223	273	294	337	261	312	303
Total Operating Expenses	76	89	85	91	91	89	94	95	90	93	97
Selling, General & Admin Expense	60	72	67	72	72	71	73	75	67	70	71
Research & Development Expense	16	16	17	16	18	18	19	19	20	20	19
Restructuring Charge	0.47	1.03	1.00	3.90	1.18	0.22	2.26	1.69	2.73	2.87	6.17
Total Other Income / (Expense), net	-5.75	-6.53	-7.41	-8.16	-7.36	-8.62	-8.23	-7.22	-7.40	-11	-4.00
Interest Expense	5.75	6.53	7.41	8.16	7.36	8.62	8.23	7.22	7.40	11	4.00
Income Tax Expense	3.93	9.23	9.91	9.98	5.03	12	6.86	13	5.12	9.38	9.00
Basic Earnings per Share	$0.77	$2.15	$2.00	$2.63	$1.07	$2.26	$2.45	$3.15	$1.22	$2.31	$2.44
Weighted Average Basic Shares Outstanding	16.83M	17.00M	17.04M	16.98M	16.74M	16.72M	16.78M	16.76M	16.90M	16.74M	16.47M
Diluted Earnings per Share	$0.75	$2.11	$1.95	$2.57	$1.05	$2.22	$2.40	$3.04	$1.18	$2.22	$2.33
Weighted Average Diluted Shares Outstanding	17.18M	17.30M	17.43M	17.35M	17.06M	17.04M	17.16M	17.18M	17.47M	17.47M	17.29M
Weighted Average Basic & Diluted Shares Outstanding	16.99M	17.05M	17.05M	16.57M	16.71M	16.80M	16.79M	16.83M	16.98M	16.47M	16.48M

This table details how cash moves in and out of OSI Systems' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	6/30/2015	6/30/2016	6/30/2017	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024	6/30/2025
Net Change in Cash & Equivalents	8.76	57	65	-85	12	-20	4.51	-16	13	19	11
Net Cash From Operating Activities	105	59	63	133	119	129	139	64	95	-88	98
Net Cash From Continuing Operating Activities	105	59	63	133	119	129	139	64	95	-88	98
Net Income / (Loss) Continuing Operations	65	26	21	-29	65	75	74	115	92	128	150
Consolidated Net Income / (Loss)	65	26	21	-29	65	75	74	115	92	128	150
Depreciation Expense	59	58	68	70	56	50	44	39	39	42	44
Amortization Expense	-	-	2.84	8.63	9.03	9.38	9.76	1.34	0.20	0.00	1.68
Non-Cash Adjustments To Reconcile Net Income	27	33	18	54	16	19	47	-24	27	66	46
Changes in Operating Assets and Liabilities, net	-46	-58	-48	30	-27	-24	-35	-68	-63	-324	-144
Net Cash From Investing Activities	-35	-43	-198	-146	-48	-43	-35	-13	-40	-38	-118
Net Cash From Continuing Investing Activities	-35	-43	-198	-146	-48	-43	-35	-13	-40	-38	-118
Purchase of Property, Plant & Equipment	-22	-24	-17	-43	-27	-21	-31	-30	-32	-39	-41
Acquisitions	-14	-20	-194	-103	-21	-22	-3.00	-14	-7.10	-9.05	-77
Sale of Property, Plant & Equipment	-	-	-	-	-	0.67	1.14	34	0.35	0.51	0.28
Sale and/or Maturity of Investments	-	-	-	-	0.00	0.00	2.71	0.06	3.83	10	0.11
Other Investing Activities, net	-	-	-	-	0.00	0.00	-4.89	-2.24	-5.28	0.00	0.00
Net Cash From Financing Activities	-60	42	201	-72	-58	-105	-104	-64	-37	144	31
Net Cash From Continuing Financing Activities	-60	42	201	-72	-58	-105	-104	-64	-37	144	31
Repayment of Debt	-27	-2.92	-26	-2.59	-28	-0.97	-60	-46	-250	-8.45	-8.28
Repurchase of Common Equity	-31	-73	-48	-63	-21	-52	-37	-112	-35	0.00	-80
Issuance of Debt	1.56	126	281	11	1.41	-28	0.74	110	256	170	135
Issuance of Common Equity	3.60	6.14	7.66	6.90	9.15	6.10	5.52	4.80	7.71	6.18	8.01
Other Financing Activities, net	-7.19	-14	-13	-24	-20	-30	-13	-21	-16	-24	-23
Effect of Exchange Rate Changes	-0.88	-0.79	-0.40	-0.05	-0.81	-1.98	4.06	-3.54	-4.63	-0.51	0.49
Cash Interest Paid	2.80	2.38	5.19	9.25	12	7.71	5.98	6.98	20	27	27
Cash Income Taxes Paid	31	27	25	29	35	19	13	17	19	42	40

This table details how cash moves in and out of OSI Systems' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	5.84	45	-26	-6.09	-10	17	-5.80	11	18	212	8.51
Net Cash From Operating Activities	17	-24	-52	-29	-37	53	82	0.56	17	62	14
Net Cash From Continuing Operating Activities	17	-24	-52	-29	-37	53	82	0.56	17	62	14
Net Income / (Loss) Continuing Operations	13	37	34	45	18	38	41	53	21	39	40
Consolidated Net Income / (Loss)	13	37	34	45	18	38	41	53	21	39	40
Depreciation Expense	9.57	10	11	12	11	11	11	11	10	9.61	9.52
Amortization Expense	0.00	-	-	-	0.35	0.45	0.45	0.43	0.45	0.71	1.02
Non-Cash Adjustments To Reconcile Net Income	17	18	32	-1.58	16	22	-7.27	16	19	-8.08	5.39
Changes in Operating Assets and Liabilities, net	-23	-88	-129	-84	-83	-18	37	-79	-33	21	-42
Net Cash From Investing Activities	-9.58	-12	-3.13	-13	-87	-10	-8.89	-11	-11	-10	-7.03
Net Cash From Continuing Investing Activities	-9.58	-12	-3.13	-13	-87	-10	-8.89	-11	-11	-10	-7.03
Purchase of Property, Plant & Equipment	-9.39	-7.67	-9.45	-13	-12	-10	-8.95	-10	-11	-12	-12
Sale of Property, Plant & Equipment	0.04	0.12	0.13	0.22	0.09	0.03	0.06	0.10	0.59	1.06	4.95
Net Cash From Financing Activities	-1.85	79	34	34	114	-25	-79	20	12	160	1.50
Net Cash From Continuing Financing Activities	-1.85	79	34	34	114	-25	-79	20	12	160	1.50
Repayment of Debt	-2.07	99	-2.08	-2.20	-2.08	123	-230	226	-56	-254	-2.52
Issuance of Debt	20	-20	34	35	215	-148	148	-206	100	563	0.08
Issuance of Common Equity	2.45	0.76	2.50	0.46	2.40	1.73	3.38	0.50	2.85	0.39	4.03
Other Financing Activities, net	-23	-0.88	-0.35	-0.06	-22	-1.33	-0.20	-0.03	-35	-1.83	-0.09
Effect of Exchange Rate Changes	0.13	1.52	-4.28	2.13	0.59	-1.32	0.27	0.95	-0.37	0.16	-0.41
Cash Interest Paid	5.46	6.11	7.30	7.89	5.23	6.39	10	4.97	8.21	4.44	5.85
Cash Income Taxes Paid	6.80	15	12	8.40	14	4.57	15	6.44	9.61	23	8.94

This table presents OSI Systems' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	6/30/2015	6/30/2016	6/30/2017	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024	6/30/2025
Total Assets	937	992	1,230	1,256	1,265	1,269	1,384	1,443	1,556	1,936	2,241
Total Current Assets	497	555	653	651	641	618	709	746	840	1,216	1,423
Cash & Equivalents	48	104	170	85	96	76	81	64	77	95	106
Accounts Receivable	179	142	207	211	238	270	291	308	381	648	838
Inventories, net	230	273	249	314	274	241	294	334	338	398	407
Prepaid Expenses	40	36	28	42	32	31	44	40	44	74	72
Plant, Property, & Equipment, net	226	183	142	116	127	128	118	110	109	114	127
Total Noncurrent Assets	215	253	436	489	497	523	557	587	607	607	692
Goodwill	98	123	242	292	307	311	320	336	350	351	387
Intangible Assets	50	56	118	142	133	128	128	138	141	140	183
Other Noncurrent Operating Assets	66	31	75	55	57	84	109	113	116	116	121
Total Liabilities & Shareholders' Equity	937	992	1,230	1,256	1,265	1,269	1,384	1,443	1,556	1,936	2,241
Total Liabilities	356	451	661	766	713	696	745	805	830	1,073	1,290
Total Current Liabilities	242	368	346	443	382	330	345	614	572	815	697
Short-Term Debt	2.80	2.76	2.40	2.26	0.80	0.93	0.85	245	8.08	8.17	8.13
Accounts Payable	62	69	76	107	94	85	141	125	139	191	205
Current Deferred Revenue	89	55	38	56	43	28	38	20	21	100	146
Current Employee Benefit Liabilities	33	29	35	40	44	46	51	46	51	47	50
Other Current Liabilities	55	211	195	238	201	170	113	178	352	468	288
Total Noncurrent Liabilities	114	83	315	323	331	366	400	191	258	258	593
Long-Term Debt	8.56	6.05	242	249	258	267	276	49	136	129	464
Noncurrent Deferred & Payable Income Tax Liabilities	31	29	21	15	7.98	5.85	7.16	11	6.57	3.29	3.33
Other Noncurrent Operating Liabilities	75	48	52	59	65	93	116	131	115	125	126
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	582	541	569	489	552	572	640	638	726	863	951
Total Preferred & Common Equity	582	541	569	489	552	572	640	638	726	863	951
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	582	541	569	489	552	572	640	638	726	863	951
Common Stock	279	219	223	169	169	123	106	0.02	9.84	24	30
Retained Earnings	313	339	364	335	400	475	549	664	736	861	942
Accumulated Other Comprehensive Income / (Loss)	-10	-17	-17	-15	-17	-25	-15	-25	-20	-22	-21

This table presents OSI Systems' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	12/31/2022	3/31/2023	9/30/2023	12/31/2023	3/31/2024	9/30/2024	12/31/2024	3/31/2025	9/30/2025	12/31/2025	3/31/2026
Total Assets	1,466	1,483	1,588	1,726	1,831	2,114	2,131	2,081	2,299	2,522	2,554
Total Current Assets	767	779	872	1,003	1,119	1,310	1,325	1,273	1,477	1,687	1,717
Cash & Equivalents	46	66	83	127	101	85	102	96	124	337	345
Accounts Receivable	323	301	324	370	504	688	704	672	828	833	870
Inventories, net	361	372	419	446	443	456	442	439	454	453	435
Prepaid Expenses	38	40	47	60	71	81	77	66	71	64	66
Plant, Property, & Equipment, net	108	109	109	110	110	125	124	124	128	129	126
Total Noncurrent Assets	591	596	607	613	601	679	682	684	693	707	711
Goodwill	339	347	348	353	352	381	382	383	385	386	385
Intangible Assets	138	140	140	143	142	183	182	183	183	183	183
Other Noncurrent Operating Assets	114	109	119	117	107	114	118	118	125	138	143
Total Liabilities & Shareholders' Equity	1,466	1,483	1,588	1,726	1,831	2,114	2,131	2,081	2,299	2,522	2,554
Total Liabilities	818	816	864	956	1,018	1,327	1,305	1,202	1,353	1,677	1,660
Total Current Liabilities	538	550	612	700	762	713	704	604	792	535	529
Short-Term Debt	8.10	8.08	8.13	8.12	8.21	8.22	8.20	8.15	5.38	5.05	3.79
Accounts Payable	129	127	164	164	172	192	184	173	217	213	201
Current Deferred Revenue	23	34	32	40	66	64	76	63	154	157	149
Current Employee Benefit Liabilities	30	48	44	50	44	41	39	46	46	44	51
Other Current Liabilities	349	333	363	438	472	407	396	314	369	117	124
Total Noncurrent Liabilities	280	266	252	256	256	614	601	598	562	1,141	1,131
Long-Term Debt	140	138	135	133	131	468	467	465	437	999	999
Noncurrent Deferred & Payable Income Tax Liabilities	12	12	6.87	7.13	7.29	-	-	-	1.37	1.33	1.44
Other Noncurrent Operating Liabilities	128	116	111	116	117	146	135	133	123	141	131
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	648	667	724	770	813	786	826	879	946	845	894
Total Preferred & Common Equity	648	667	724	770	813	786	826	879	946	845	894
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	648	667	724	770	813	786	826	879	946	845	894
Common Stock	2.53	0.02	0.02	7.31	17	0.02	8.93	20	4.39	2.51	13
Retained Earnings	672	694	746	783	817	811	848	890	963	862	902
Accumulated Other Comprehensive Income / (Loss)	-27	-27	-22	-19	-20	-24	-31	-30	-21	-19	-21

This table displays calculated financial ratios and metrics derived from OSI Systems' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	6/30/2015	6/30/2016	6/30/2017	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024	6/30/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	5.68%	-13.41%	15.82%	126.71%	-45.74%	-1.36%	-1.64%	3.17%	8.05%	20.36%	11.33%
EBITDA Growth	11.47%	-36.28%	10.58%	26.15%	28.85%	-5.20%	3.02%	11.93%	-8.01%	32.92%	13.63%
EBIT Growth	13.30%	-58.37%	-7.74%	58.02%	92.77%	-2.68%	10.00%	29.25%	-9.28%	39.76%	15.05%
NOPAT Growth	31.58%	-58.13%	-3.64%	-262.16%	283.42%	13.08%	-5.50%	15.69%	7.53%	39.49%	16.38%
Net Income Growth	36.03%	-59.85%	-19.43%	-238.20%	322.46%	16.14%	-1.60%	55.77%	-20.43%	39.63%	16.76%
EPS Growth	36.05%	-58.99%	-17.69%	-246.73%	320.38%	17.05%	-0.49%	60.05%	-17.21%	38.20%	18.02%
Operating Cash Flow Growth	-18.63%	-43.66%	6.01%	112.03%	-10.52%	8.45%	7.65%	-54.12%	48.59%	-192.29%	211.53%
Free Cash Flow Firm Growth	-52.21%	348.92%	-233.17%	67.09%	140.72%	81.17%	-65.88%	387.94%	161.87%	-78.70%	-710.80%
Invested Capital Growth	7.68%	-18.38%	44.56%	1.89%	8.86%	7.01%	9.48%	3.71%	-8.47%	14.07%	45.34%
Revenue Q/Q Growth	0.68%	-5.16%	3.33%	106.62%	-49.93%	7.26%	5.06%	0.39%	6.24%	4.70%	1.43%
EBITDA Q/Q Growth	-0.35%	-17.59%	2.90%	2.40%	10.61%	-3.53%	6.93%	17.50%	11.03%	3.44%	3.89%
EBIT Q/Q Growth	0.17%	-36.88%	-9.37%	16.26%	18.81%	-3.88%	9.91%	28.50%	14.95%	3.09%	4.92%
NOPAT Q/Q Growth	0.07%	-36.84%	-4.99%	15.63%	16.22%	-3.27%	16.75%	6.64%	11.10%	2.88%	4.26%
Net Income Q/Q Growth	0.47%	-38.73%	-17.12%	10.91%	21.68%	-3.46%	19.20%	7.32%	10.36%	1.83%	5.70%
EPS Q/Q Growth	0.32%	-38.10%	-17.05%	10.29%	22.26%	-2.64%	18.18%	8.77%	11.48%	1.51%	5.70%
Operating Cash Flow Q/Q Growth	12.97%	2.73%	-11.77%	5.33%	13.34%	-5.65%	-10.09%	28.06%	0.15%	-140.89%	43.55%
Free Cash Flow Firm Q/Q Growth	-36.31%	6.56%	-3.51%	-216.82%	133.81%	-21.70%	295.94%	17.15%	-0.78%	-8.66%	0.76%
Invested Capital Q/Q Growth	4.90%	0.24%	0.85%	21.98%	5.73%	6.57%	4.78%	4.11%	6.21%	6.38%	4.74%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	33.95%	33.37%	33.66%	35.95%	36.43%	36.07%	36.61%	35.87%	33.68%	34.47%	34.27%
EBITDA Margin	15.77%	11.60%	11.08%	6.16%	14.64%	14.07%	14.73%	15.99%	13.61%	15.03%	15.34%
Operating Margin	9.61%	4.63%	3.46%	2.57%	9.12%	9.00%	10.06%	10.29%	10.58%	12.29%	12.70%
EBIT Margin	9.61%	4.62%	3.68%	2.57%	9.12%	9.00%	10.06%	12.60%	10.58%	12.29%	12.70%
Profit (Net Income) Margin	6.80%	3.15%	2.19%	-1.34%	5.48%	6.45%	6.46%	9.75%	7.18%	8.33%	8.73%
Tax Burden Percent	73.32%	73.69%	81.85%	-79.03%	75.20%	87.38%	75.07%	82.30%	79.64%	79.49%	80.41%
Interest Burden Percent	96.47%	92.56%	72.78%	65.92%	79.95%	82.11%	85.50%	93.99%	85.19%	85.27%	85.55%
Effective Tax Rate	26.68%	26.31%	18.15%	179.03%	24.80%	12.62%	24.93%	17.70%	20.36%	20.51%	19.59%
Return on Invested Capital (ROIC)	12.84%	5.71%	5.00%	-6.80%	11.83%	12.40%	10.82%	11.76%	12.97%	17.68%	15.74%
ROIC Less NNEP Spread (ROIC-NNEP)	20.56%	8.93%	63.61%	5.70%	1.94%	3.14%	4.36%	18.88%	2.22%	-22.56%	3.34%
Return on Net Nonoperating Assets (RNNOA)	-1.14%	-1.05%	-1.21%	1.30%	0.61%	0.99%	1.40%	6.29%	0.48%	-1.56%	0.75%
Return on Equity (ROE)	11.70%	4.66%	3.80%	-5.50%	12.45%	13.39%	12.22%	18.05%	13.45%	16.12%	16.49%
Cash Return on Invested Capital (CROIC)	5.44%	25.94%	-31.44%	-8.67%	3.35%	5.62%	1.77%	8.12%	21.82%	4.54%	-21.22%
Operating Return on Assets (OROA)	9.45%	3.98%	3.18%	4.50%	8.55%	8.28%	8.70%	10.55%	9.02%	10.83%	10.41%
Return on Assets (ROA)	6.69%	2.71%	1.90%	-2.34%	5.14%	5.94%	5.58%	8.16%	6.12%	7.34%	7.16%
Return on Common Equity (ROCE)	11.70%	4.66%	3.80%	-5.50%	12.45%	13.39%	12.22%	18.05%	13.45%	16.12%	16.49%
Return on Equity Simple (ROE_SIMPLE)	11.20%	4.84%	3.70%	-5.95%	11.74%	13.15%	11.57%	18.07%	12.64%	14.84%	0.00%
Net Operating Profit after Tax (NOPAT)	68	28	27	-44	81	92	87	100	108	150	175
NOPAT Margin	7.05%	3.41%	2.84%	-2.03%	6.86%	7.86%	7.55%	8.47%	8.43%	9.77%	10.21%
Net Nonoperating Expense Percent (NNEP)	-7.72%	-3.22%	-58.61%	-12.50%	9.89%	9.26%	6.47%	-7.12%	10.75%	40.24%	12.41%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	-	-	12.29%
Cost of Revenue to Revenue	66.05%	66.63%	66.34%	64.05%	63.57%	63.93%	63.39%	64.13%	66.33%	65.53%	65.73%
SG&A Expenses to Revenue	17.92%	20.09%	20.04%	11.00%	22.20%	21.61%	20.99%	19.91%	17.86%	17.53%	16.98%
R&D to Revenue	5.39%	6.00%	5.30%	2.81%	4.78%	4.91%	4.68%	5.04%	4.64%	4.24%	4.29%
Operating Expenses to Revenue	24.34%	28.74%	30.20%	-2.57%	27.31%	27.08%	26.55%	25.58%	23.09%	22.19%	21.58%
Earnings before Interest and Taxes (EBIT)	92	38	35	56	108	105	115	149	135	189	218
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	151	96	106	134	173	164	169	189	174	231	263
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.41	2.03	2.47	2.86	3.70	2.35	2.86	2.28	2.71	2.72	3.97
Price to Tangible Book Value (P/TBV)	3.24	3.04	6.73	25.31	18.26	10.09	9.52	8.90	8.36	6.29	9.92
Price to Revenue (P/Rev)	1.46	1.32	1.46	0.64	1.73	1.15	1.59	1.23	1.54	1.52	2.20
Price to Earnings (P/E)	21.52	41.99	66.60	1.85	31.47	17.86	24.68	12.62	21.48	18.29	25.23
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	4.65%	2.38%	1.50%	53.96%	3.18%	5.60%	4.05%	7.92%	4.66%	5.47%	3.96%
Enterprise Value to Invested Capital (EV/IC)	2.50	2.25	2.30	2.38	3.08	2.01	2.42	1.94	2.57	2.64	3.15
Enterprise Value to Revenue (EV/Rev)	1.43	1.21	1.54	0.72	1.86	1.32	1.76	1.42	1.59	1.55	2.42
Enterprise Value to EBITDA (EV/EBITDA)	9.04	10.42	13.89	11.65	12.72	9.37	11.98	8.91	11.72	10.32	15.76
Enterprise Value to EBIT (EV/EBIT)	14.83	26.15	41.78	27.97	20.43	14.65	17.54	11.30	15.07	12.62	19.03
Enterprise Value to NOPAT (EV/NOPAT)	20.23	35.46	54.25	0.00	27.16	16.76	23.37	16.82	18.92	15.88	23.67
Enterprise Value to Operating Cash Flow (EV/OCF)	13.00	16.93	23.55	11.75	18.48	11.89	14.56	26.41	21.50	0.00	42.42
Enterprise Value to Free Cash Flow (EV/FCFF)	47.71	7.80	0.00	0.00	95.95	36.96	142.72	24.35	11.25	61.84	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.02	0.02	0.43	0.51	0.47	0.47	0.43	0.46	0.20	0.16	0.50
Long-Term Debt to Equity	0.01	0.01	0.42	0.51	0.47	0.47	0.43	0.08	0.19	0.15	0.49
Financial Leverage	-0.06	-0.12	-0.02	0.23	0.32	0.32	0.32	0.33	0.22	0.07	0.22
Leverage Ratio	1.75	1.72	2.00	2.35	2.42	2.25	2.19	2.21	2.20	2.20	2.30
Compound Leverage Factor	1.69	1.59	1.46	1.55	1.94	1.85	1.87	2.08	1.87	1.87	1.97
Debt to Total Capital	1.91%	1.60%	30.02%	33.92%	31.91%	31.90%	30.23%	31.48%	16.60%	13.74%	33.15%
Short-Term Debt to Total Capital	0.47%	0.50%	0.29%	0.31%	0.10%	0.11%	0.09%	26.25%	0.93%	0.82%	0.57%
Long-Term Debt to Total Capital	1.44%	1.10%	29.72%	33.62%	31.81%	31.79%	30.14%	5.22%	15.68%	12.92%	32.58%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	98.09%	98.40%	69.98%	66.08%	68.09%	68.10%	69.77%	68.52%	83.40%	86.26%	66.85%
Debt to EBITDA	0.08	0.09	2.29	1.87	1.49	1.63	1.64	1.55	0.83	0.59	1.79
Net Debt to EBITDA	-0.24	-0.99	0.70	1.24	0.94	1.17	1.16	1.21	0.39	0.18	1.39
Long-Term Debt to EBITDA	0.06	0.06	2.27	1.85	1.49	1.63	1.64	0.26	0.78	0.56	1.76
Debt to NOPAT	0.17	0.31	8.96	-5.69	3.19	2.92	3.20	2.93	1.34	0.92	2.70
Net Debt to NOPAT	-0.54	-3.38	2.73	-3.77	2.00	2.09	2.27	2.29	0.63	0.28	2.09
Long-Term Debt to NOPAT	0.13	0.21	8.87	-5.63	3.18	2.91	3.19	0.49	1.27	0.86	2.65
Altman Z-Score	4.51	3.13	2.86	3.55	3.62	3.15	3.45	3.00	3.40	3.30	3.82
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.06	1.51	1.89	1.47	1.68	1.87	2.06	1.22	1.47	1.49	2.04
Quick Ratio	0.94	0.67	1.09	0.67	0.88	1.05	1.08	0.61	0.80	0.91	1.35
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	29	129	-171	-56	23	42	14	69	181	39	-236
Operating Cash Flow to CapEx	488.53%	251.37%	367.21%	308.14%	434.53%	633.61%	471.23%	0.00%	297.15%	-224.81%	236.75%
Free Cash Flow to Firm to Interest Expense	8.80	45.07	-17.78	-2.96	1.06	2.22	0.85	7.72	9.04	1.39	-7.50
Operating Cash Flow to Interest Expense	32.29	20.76	6.52	6.99	5.51	6.88	8.31	7.12	4.73	-3.14	3.11
Operating Cash Flow Less CapEx to Interest Expense	25.68	12.50	4.74	4.72	4.24	5.80	6.55	7.53	3.14	-4.54	1.79
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.98	0.86	0.87	1.75	0.94	0.92	0.86	0.84	0.85	0.88	0.82
Accounts Receivable Turnover	5.26	5.18	5.52	10.44	5.26	4.59	4.09	3.95	3.71	2.99	2.31
Inventory Turnover	2.72	2.19	2.44	4.96	2.56	2.90	2.72	2.42	2.52	2.74	2.80
Fixed Asset Turnover	3.94	4.06	5.92	16.95	9.73	9.13	9.33	10.39	11.70	13.81	14.23
Accounts Payable Turnover	9.28	8.41	8.76	15.25	7.50	8.35	6.43	5.70	6.42	6.11	5.68
Days Sales Outstanding (DSO)	69.38	70.44	66.14	34.95	69.35	79.55	89.19	92.33	98.33	122.04	158.29
Days Inventory Outstanding (DIO)	133.97	166.29	149.39	73.52	142.61	126.07	134.41	151.07	144.62	133.20	130.49
Days Payable Outstanding (DPO)	39.33	43.39	41.69	23.94	48.66	43.69	56.79	64.09	56.87	59.76	64.24
Cash Conversion Cycle (CCC)	164.02	193.35	173.84	84.53	163.30	161.94	166.82	179.31	186.08	195.49	224.55
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	546	445	644	656	714	764	836	867	794	906	1,316
Invested Capital Turnover	1.82	1.67	1.76	3.35	1.73	1.58	1.43	1.39	1.54	1.81	1.54
Increase / (Decrease) in Invested Capital	39	-100	198	12	58	50	72	31	-73	112	411
Enterprise Value (EV)	1,366	1,003	1,478	1,564	2,201	1,536	2,024	1,685	2,039	2,387	4,140
Market Capitalization	1,402	1,098	1,404	1,398	2,039	1,344	1,828	1,456	1,971	2,345	3,775
Book Value per Share	$29.37	$28.62	$30.47	$27.08	$30.47	$31.77	$35.58	$37.46	$43.41	$50.65	$56.65
Tangible Book Value per Share	$21.87	$19.14	$11.17	$3.06	$6.17	$7.40	$10.67	$9.60	$14.10	$21.85	$22.66
Total Capital	593	550	813	741	810	840	917	932	871	1,001	1,423
Total Debt	11	8.81	244	251	259	268	277	293	145	138	472
Total Long-Term Debt	8.56	6.05	242	249	258	267	276	49	136	129	464
Net Debt	-36	-96	74	166	162	192	197	229	68	42	365
Capital Expenditures (CapEx)	22	24	17	43	27	20	30	-3.65	32	39	41
Debt-free, Cash-free Net Working Capital (DFCFNWC)	210	86	140	125	163	212	285	313	200	314	628
Debt-free Net Working Capital (DFNWC)	258	190	309	210	260	289	365	377	276	409	734
Net Working Capital (NWC)	255	187	307	207	259	288	365	132	268	401	726
Net Nonoperating Expense (NNE)	2.39	2.12	6.17	-15	16	16	13	-15	16	22	25
Net Nonoperating Obligations (NNO)	-36	-96	74	166	162	192	197	229	68	42	365
Total Depreciation and Amortization (D&A)	59	58	71	78	65	59	54	40	39	42	45
Debt-free, Cash-free Net Working Capital to Revenue	21.94%	10.35%	14.53%	5.73%	13.82%	18.22%	24.84%	26.42%	15.61%	20.39%	36.64%
Debt-free Net Working Capital to Revenue	26.90%	22.93%	32.18%	9.62%	21.97%	24.74%	31.87%	31.84%	21.61%	26.58%	42.85%
Net Working Capital to Revenue	26.61%	22.60%	31.93%	9.52%	21.90%	24.67%	31.79%	11.17%	20.98%	26.05%	42.37%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.29	$1.35	$1.12	($1.57)	$3.58	$4.14	$4.12	$0.00	$0.00	$7.55	$8.93
Adjusted Weighted Average Basic Shares Outstanding	19.80M	19.43M	18.89M	18.59M	18.10M	18.19M	17.97M	0.00	0.00	16.98M	16.76M
Adjusted Diluted Earnings per Share	$3.17	$1.30	$1.07	($1.57)	$3.46	$4.05	$4.03	$0.00	$0.00	$7.38	$8.71
Adjusted Weighted Average Diluted Shares Outstanding	20.53M	20.08M	19.69M	18.59M	18.72M	18.60M	18.39M	0.00	0.00	17.35M	17.18M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$3.58	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	19.76M	18.96M	18.78M	18.09M	18.22M	18.08M	17.89M	0.00	0.00	16.57M	16.83M
Normalized Net Operating Profit after Tax (NOPAT)	75	45	65	64	84	97	94	106	114	155	179
Normalized NOPAT Margin	7.80%	5.36%	6.81%	2.92%	7.10%	8.35%	8.21%	8.99%	8.90%	10.10%	10.46%
Pre Tax Income Margin	9.27%	4.28%	2.68%	1.69%	7.29%	7.39%	8.60%	11.85%	9.01%	10.48%	10.86%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	28.30	13.45	3.67	2.93	4.99	5.59	6.90	16.64	6.75	6.79	6.92
NOPAT to Interest Expense	20.75	9.92	2.83	-2.32	3.75	4.88	5.18	11.18	5.38	5.40	5.57
EBIT Less CapEx to Interest Expense	21.69	5.19	1.90	0.67	3.72	4.50	5.13	17.05	5.16	5.39	5.61
NOPAT Less CapEx to Interest Expense	14.14	1.66	1.05	-4.59	2.48	3.80	3.41	11.59	3.78	4.00	4.25
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	47.19%	280.49%	229.90%	-216.06%	32.45%	68.80%	50.60%	96.77%	37.86%	0.00%	53.76%

This table displays calculated financial ratios and metrics derived from OSI Systems' official financial filings.

Metric	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	16,472,549.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	16,472,549.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	2.44
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	4.16%	26.26%	33.85%	16.76%	23.21%	12.48%	9.61%	5.01%	11.81%	10.54%	2.00%
EBITDA Growth	14.59%	78.41%	40.85%	11.51%	31.14%	10.29%	8.45%	13.19%	3.92%	0.09%	-5.17%
EBIT Growth	23.27%	105.25%	49.59%	9.92%	34.44%	10.77%	9.45%	16.24%	9.05%	1.45%	-5.34%
NOPAT Growth	24.98%	103.51%	51.98%	9.07%	37.03%	6.36%	21.13%	14.01%	11.81%	6.52%	-9.77%
Net Income Growth	14.63%	123.51%	56.10%	5.42%	39.27%	3.46%	20.83%	18.06%	14.61%	2.33%	-2.23%
EPS Growth	15.38%	119.79%	53.54%	4.47%	40.00%	5.21%	23.08%	18.29%	12.38%	0.00%	-2.92%
Operating Cash Flow Growth	-0.57%	-159.18%	-180.72%	-231.21%	-316.75%	323.34%	256.78%	101.94%	146.12%	18.37%	-82.29%
Free Cash Flow Firm Growth	-130.73%	-91.31%	-157.27%	-150.06%	-710.96%	-4,740.13%	-457.53%	-483.41%	83.88%	28.07%	29.59%
Invested Capital Growth	8.70%	4.50%	13.89%	14.07%	50.08%	52.91%	47.60%	45.34%	7.30%	26.17%	23.47%
Revenue Q/Q Growth	-32.21%	33.68%	8.62%	18.62%	-28.47%	22.04%	5.84%	13.64%	-23.83%	20.65%	-2.33%
EBITDA Q/Q Growth	-51.94%	94.88%	-0.99%	20.24%	-43.48%	63.89%	-2.63%	25.49%	-48.11%	57.86%	-7.75%
EBIT Q/Q Growth	-60.53%	131.93%	-1.83%	22.30%	-51.72%	91.10%	-3.00%	29.89%	-54.71%	77.77%	-9.49%
NOPAT Q/Q Growth	-63.29%	141.68%	-4.76%	29.08%	-53.88%	87.59%	8.47%	21.48%	-54.77%	78.71%	-8.12%
Net Income Q/Q Growth	-69.61%	183.82%	-6.87%	31.24%	-59.86%	110.86%	8.77%	28.23%	-61.03%	88.26%	3.92%
EPS Q/Q Growth	-69.51%	181.33%	-7.58%	31.79%	-59.14%	111.43%	8.11%	26.67%	-61.18%	88.14%	4.96%
Operating Cash Flow Q/Q Growth	-22.54%	-237.24%	-121.33%	44.23%	-27.95%	241.41%	55.37%	-99.31%	2,949.29%	262.96%	-76.76%
Free Cash Flow Firm Q/Q Growth	-137.77%	117.53%	-902.32%	5.78%	-511.95%	-0.30%	3.60%	1.40%	83.09%	-347.48%	5.63%
Invested Capital Q/Q Growth	-1.16%	-0.08%	8.58%	6.38%	30.04%	1.80%	4.82%	4.74%	-3.99%	19.70%	2.57%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	35.37%	37.86%	33.57%	32.09%	35.32%	35.05%	33.82%	33.32%	32.03%	32.67%	33.17%
EBITDA Margin	11.51%	16.77%	15.29%	15.50%	12.25%	16.45%	15.13%	16.71%	11.38%	14.89%	14.07%
Operating Margin	8.08%	14.02%	12.67%	13.06%	8.82%	13.81%	12.65%	14.46%	8.60%	12.67%	11.74%
EBIT Margin	8.08%	14.02%	12.67%	13.06%	8.82%	13.81%	12.65%	14.46%	8.60%	12.67%	11.74%
Profit (Net Income) Margin	4.61%	9.79%	8.40%	9.29%	5.21%	9.01%	9.26%	10.45%	5.34%	8.34%	8.87%
Tax Burden Percent	76.61%	79.83%	77.45%	81.74%	78.09%	76.65%	85.72%	80.17%	80.06%	80.49%	81.71%
Interest Burden Percent	74.52%	87.51%	85.58%	87.01%	75.74%	85.13%	85.36%	90.11%	77.63%	81.78%	92.49%
Effective Tax Rate	23.39%	20.17%	22.55%	18.26%	21.91%	23.35%	14.28%	19.83%	19.94%	19.51%	18.29%
Return on Invested Capital (ROIC)	10.60%	19.94%	18.04%	19.33%	11.25%	17.61%	17.38%	17.88%	9.89%	13.52%	12.34%
ROIC Less NNEP Spread (ROIC-NNEP)	5.01%	10.97%	8.37%	7.21%	8.71%	14.19%	13.98%	15.03%	8.22%	11.87%	11.71%
Return on Net Nonoperating Assets (RNNOA)	0.58%	0.90%	0.67%	0.50%	2.60%	3.44%	3.43%	3.38%	3.36%	7.39%	6.83%
Return on Equity (ROE)	11.18%	20.84%	18.71%	19.83%	13.85%	21.05%	20.81%	21.25%	13.25%	20.91%	19.18%
Cash Return on Invested Capital (CROIC)	6.43%	12.87%	5.28%	4.54%	-24.09%	-25.78%	-22.54%	-21.22%	7.50%	-9.83%	-8.48%
Operating Return on Assets (OROA)	6.82%	12.01%	11.24%	11.51%	7.64%	11.81%	10.92%	11.86%	6.84%	9.79%	9.15%
Return on Assets (ROA)	3.89%	8.39%	7.45%	8.19%	4.52%	7.71%	7.99%	8.57%	4.25%	6.44%	6.92%
Return on Common Equity (ROCE)	11.18%	20.84%	18.71%	19.83%	13.85%	21.05%	20.81%	21.25%	13.25%	20.91%	19.18%
Return on Equity Simple (ROE_SIMPLE)	12.90%	14.75%	15.47%	0.00%	16.94%	16.28%	16.10%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	17	42	40	51	24	44	48	59	26	47	43
NOPAT Margin	6.19%	11.19%	9.81%	10.68%	6.88%	10.58%	10.84%	11.59%	6.88%	10.20%	9.59%
Net Nonoperating Expense Percent (NNEP)	5.59%	8.98%	9.67%	12.12%	2.55%	3.42%	3.40%	2.84%	1.67%	1.66%	0.63%
Return On Investment Capital (ROIC_SIMPLE)	-	4.58%	-	-	-	3.42%	3.56%	4.11%	1.91%	2.56%	2.29%
Cost of Revenue to Revenue	64.63%	62.14%	66.43%	67.91%	64.68%	64.95%	66.18%	66.68%	67.97%	67.33%	66.83%
SG&A Expenses to Revenue	21.42%	19.18%	16.42%	14.92%	20.99%	16.85%	16.48%	14.79%	17.41%	15.13%	15.77%
R&D to Revenue	5.70%	4.38%	4.23%	3.30%	5.17%	4.35%	4.18%	3.73%	5.31%	4.26%	4.29%
Operating Expenses to Revenue	27.29%	23.84%	20.90%	19.03%	26.50%	21.25%	21.17%	18.86%	23.43%	20.00%	21.43%
Earnings before Interest and Taxes (EBIT)	23	52	51	63	30	58	56	73	33	59	53
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	32	63	62	75	42	69	67	84	44	69	64
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.74	2.85	2.99	2.72	3.20	3.39	3.71	3.97	4.43	5.12	4.89
Price to Tangible Book Value (P/TBV)	8.41	7.99	7.63	6.29	11.34	10.69	10.43	9.92	11.11	15.67	13.42
Price to Revenue (P/Rev)	1.54	1.60	1.66	1.52	1.57	1.70	1.93	2.20	2.39	2.41	2.42
Price to Earnings (P/E)	21.23	19.29	19.34	18.29	18.89	20.81	23.06	25.23	27.54	28.28	28.73
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	4.71%	5.18%	5.17%	5.47%	5.30%	4.81%	4.34%	3.96%	3.63%	3.54%	3.48%
Enterprise Value to Invested Capital (EV/IC)	2.60	2.81	2.90	2.64	2.47	2.64	2.90	3.15	3.57	3.30	3.24
Enterprise Value to Revenue (EV/Rev)	1.58	1.61	1.68	1.55	1.81	1.92	2.16	2.42	2.57	2.78	2.78
Enterprise Value to EBITDA (EV/EBITDA)	11.47	10.73	11.06	10.32	12.05	12.80	14.40	15.76	17.06	18.89	19.27
Enterprise Value to EBIT (EV/EBIT)	14.64	13.26	13.48	12.62	14.77	15.66	17.57	19.03	20.48	22.60	23.07
Enterprise Value to NOPAT (EV/NOPAT)	18.37	16.65	16.93	15.88	18.56	19.91	21.71	23.67	25.40	27.68	28.61
Enterprise Value to Operating Cash Flow (EV/OCF)	21.57	27.48	0.00	0.00	0.00	0.00	53.57	42.42	29.70	30.94	53.32
Enterprise Value to Free Cash Flow (EV/FCFF)	42.20	22.35	58.52	61.84	0.00	0.00	0.00	0.00	49.25	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.20	0.18	0.17	0.16	0.61	0.57	0.54	0.50	0.47	1.19	1.12
Long-Term Debt to Equity	0.19	0.17	0.16	0.15	0.60	0.57	0.53	0.49	0.46	1.18	1.12
Financial Leverage	0.12	0.08	0.08	0.07	0.30	0.24	0.25	0.22	0.41	0.62	0.58
Leverage Ratio	2.27	2.25	2.24	2.20	2.45	2.42	2.31	2.30	2.55	2.78	2.61
Compound Leverage Factor	1.69	1.97	1.92	1.91	1.86	2.06	1.97	2.07	1.98	2.28	2.42
Debt to Total Capital	16.47%	15.46%	14.63%	13.74%	37.72%	36.50%	34.99%	33.15%	31.86%	54.28%	52.85%
Short-Term Debt to Total Capital	0.94%	0.89%	0.86%	0.82%	0.65%	0.63%	0.60%	0.57%	0.39%	0.27%	0.20%
Long-Term Debt to Total Capital	15.54%	14.57%	13.77%	12.92%	37.07%	35.87%	34.38%	32.58%	31.47%	54.01%	52.65%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	83.53%	84.54%	85.37%	86.26%	62.28%	63.50%	65.01%	66.85%	68.14%	45.72%	47.15%
Debt to EBITDA	0.80	0.69	0.62	0.59	1.97	1.92	1.87	1.79	1.67	3.80	3.84
Net Debt to EBITDA	0.34	0.07	0.17	0.18	1.62	1.51	1.49	1.39	1.20	2.52	2.52
Long-Term Debt to EBITDA	0.76	0.65	0.59	0.56	1.94	1.88	1.84	1.76	1.65	3.78	3.83
Debt to NOPAT	1.28	1.06	0.95	0.92	3.04	2.98	2.82	2.70	2.49	5.56	5.70
Net Debt to NOPAT	0.54	0.10	0.26	0.28	2.50	2.34	2.25	2.09	1.79	3.70	3.74
Long-Term Debt to NOPAT	1.21	1.00	0.90	0.86	2.99	2.93	2.77	2.65	2.46	5.53	5.68
Altman Z-Score	3.09	3.11	3.19	3.08	2.82	3.06	3.51	3.60	3.61	3.37	3.41
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.43	1.43	1.47	1.49	1.84	1.88	2.11	2.04	1.87	3.15	3.25
Quick Ratio	0.66	0.71	0.79	0.91	1.08	1.14	1.27	1.35	1.20	2.19	2.30
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-46	7.98	-64	-60	-369	-370	-357	-352	-60	-266	-251
Operating Cash Flow to CapEx	183.38%	-311.67%	-558.79%	-228.60%	-309.87%	516.34%	918.67%	5.53%	157.97%	592.72%	205.62%
Free Cash Flow to Firm to Interest Expense	-7.92	1.22	-8.65	-7.40	-50.19	-42.98	-43.40	-48.74	-8.05	-24.87	-62.94
Operating Cash Flow to Interest Expense	2.98	-3.60	-7.03	-3.56	-5.05	6.10	9.92	0.08	2.32	5.81	3.62
Operating Cash Flow Less CapEx to Interest Expense	1.36	-4.76	-8.29	-5.12	-6.68	4.92	8.84	-1.33	0.85	4.83	1.86
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.84	0.86	0.89	0.88	0.87	0.86	0.86	0.82	0.79	0.77	0.78
Accounts Receivable Turnover	4.05	3.95	3.65	2.99	3.17	3.07	2.87	2.31	2.31	2.34	2.34
Inventory Turnover	2.17	2.18	2.33	2.74	2.40	2.46	2.53	2.80	2.56	2.69	2.78
Fixed Asset Turnover	11.88	12.55	13.39	13.81	13.72	14.09	14.39	14.23	13.87	14.24	14.45
Accounts Payable Turnover	5.49	6.01	6.35	6.11	5.89	6.28	6.46	5.68	5.70	6.08	6.49
Days Sales Outstanding (DSO)	90.19	92.49	99.90	122.04	115.10	118.79	127.06	158.29	157.74	156.02	155.81
Days Inventory Outstanding (DIO)	168.06	167.33	156.40	133.20	152.00	148.47	144.22	130.49	142.57	135.50	131.48
Days Payable Outstanding (DPO)	66.48	60.74	57.48	59.76	61.92	58.11	56.46	64.24	64.06	60.06	56.24
Cash Conversion Cycle (CCC)	191.77	199.09	198.81	195.49	205.19	209.15	214.82	224.55	236.25	231.45	231.04
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	785	784	851	906	1,178	1,199	1,257	1,316	1,264	1,513	1,552
Invested Capital Turnover	1.71	1.78	1.84	1.81	1.63	1.66	1.60	1.54	1.44	1.33	1.29
Increase / (Decrease) in Invested Capital	63	34	104	112	393	415	405	411	86	314	295
Enterprise Value (EV)	2,043	2,206	2,473	2,387	2,907	3,171	3,642	4,140	4,511	4,998	5,031
Market Capitalization	1,983	2,192	2,435	2,345	2,516	2,798	3,265	3,775	4,194	4,330	4,374
Book Value per Share	$43.12	$45.35	$47.72	$50.65	$47.47	$49.42	$52.34	$56.65	$56.22	$49.80	$54.29
Tangible Book Value per Share	$14.04	$16.14	$18.73	$21.85	$13.39	$15.66	$18.64	$22.66	$22.44	$16.28	$19.79
Total Capital	867	911	953	1,001	1,263	1,301	1,353	1,423	1,388	1,849	1,897
Total Debt	143	141	139	138	476	475	473	472	442	1,004	1,003
Total Long-Term Debt	135	133	131	129	468	467	465	464	437	999	999
Net Debt	60	14	38	42	391	373	377	365	318	667	657
Capital Expenditures (CapEx)	9.35	7.55	9.32	13	12	10	8.89	10	11	10	7.03
Debt-free, Cash-free Net Working Capital (DFCFNWC)	186	184	264	314	521	527	581	628	567	820	847
Debt-free Net Working Capital (DFNWC)	269	311	366	409	606	629	677	734	691	1,157	1,192
Net Working Capital (NWC)	260	303	358	401	597	621	669	726	686	1,151	1,188
Net Nonoperating Expense (NNE)	4.40	5.22	5.74	6.67	5.75	6.61	7.05	5.79	5.92	8.62	3.26
Net Nonoperating Obligations (NNO)	60	14	38	42	391	373	377	365	318	667	657
Total Depreciation and Amortization (D&A)	9.57	10	11	12	12	11	11	11	11	10	11
Debt-free, Cash-free Net Working Capital to Revenue	14.42%	13.43%	17.99%	20.39%	32.47%	31.96%	34.39%	36.64%	32.32%	45.60%	46.86%
Debt-free Net Working Capital to Revenue	20.83%	22.73%	24.89%	26.58%	37.77%	38.12%	40.06%	42.85%	39.41%	64.32%	65.97%
Net Working Capital to Revenue	20.20%	22.14%	24.33%	26.05%	37.26%	37.62%	39.58%	42.37%	39.10%	64.04%	65.76%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.77	$2.15	$2.00	$2.63	$1.07	$2.26	$2.45	$3.15	$1.22	$2.31	$2.44
Adjusted Weighted Average Basic Shares Outstanding	16.83M	17.00M	17.04M	16.98M	16.74M	16.72M	16.78M	16.76M	16.90M	16.74M	16.47M
Adjusted Diluted Earnings per Share	$0.75	$2.11	$1.95	$2.57	$1.05	$2.22	$2.40	$3.04	$1.18	$2.22	$2.33
Adjusted Weighted Average Diluted Shares Outstanding	17.18M	17.30M	17.43M	17.35M	17.06M	17.04M	17.16M	17.18M	17.47M	17.47M	17.29M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	16.99M	17.05M	17.05M	16.57M	16.71M	16.80M	16.79M	16.83M	16.98M	16.47M	16.48M
Normalized Net Operating Profit after Tax (NOPAT)	18	43	41	55	25	45	50	60	29	50	49
Normalized NOPAT Margin	6.32%	11.41%	10.00%	11.34%	7.15%	10.62%	11.28%	11.86%	7.45%	10.70%	10.71%
Pre Tax Income Margin	6.02%	12.27%	10.84%	11.37%	6.68%	11.75%	10.80%	13.03%	6.68%	10.36%	10.86%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.92	8.01	6.93	7.70	4.12	6.72	6.83	10.11	4.47	5.49	13.32
NOPAT to Interest Expense	3.01	6.39	5.37	6.29	3.22	5.15	5.86	8.10	3.58	4.42	10.88
EBIT Less CapEx to Interest Expense	2.30	6.85	5.68	6.14	2.49	5.54	5.75	8.70	3.00	4.51	11.56
NOPAT Less CapEx to Interest Expense	1.38	5.24	4.11	4.74	1.59	3.97	4.78	6.70	2.11	3.44	9.12
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	18.69%	11.41%	0.00%	0.00%	60.39%	59.82%	56.82%	53.76%	0.00%	96.01%	96.59%

Financials Breakdown Chart

Key Financial Trends

OSI Systems (OSIS) has shown ongoing profitability and improving liquidity in the latest quarter, but the company also carries meaningful leverage and cash returns to shareholders. Below is a concise, data-driven snapshot of trends from the last four years based on OSIS quarterly statements.

Net income remains positive in the latest quarters. In Q2 2026, Consolidated Net Income was $38.7 million (Net income from continuing operations also $38.7 million).
Operating cash flow improved meaningfully in Q2 2026. Net cash from continuing operating activities was $62.2 million in Q2 2026, up from $17.1 million in Q1 2026.
Strong near-term liquidity in Q2 2026. Cash & equivalents stood at $336.7 million, with total current assets about $1.686 billion and total current liabilities around $535.4 million, implying a healthy current ratio (~3.15x).
Financing activity supports liquidity in Q2 2026. Net cash from financing activities was $160.4 million, driven by a large debt issuance of $562.9 million (net of debt repayments) and related equity actions.
Quarterly earnings per share remain solid in recent periods. Q2 2026 Basic EPS was $2.31 and Diluted EPS $2.22; other quarters have shown similarly meaningful per-share profitability (e.g., Q4 2025 Basic $3.15, Diluted $3.04).
Total assets have grown to about $2.52 billion by Q2 2026. This reflects a larger, more asset-rich balance sheet over the period analyzed.
Revenue has shown quarterly volatility without a clear, sustained uptrend. For example, quarterly operating revenue fluctuated across periods (e.g., roughly $384.6M to $504.9M in some recent quarters).
Earnings per share have fluctuated quarter to quarter. While some quarters show EPS above $2, others have been lower or higher depending on seasonality and mix (e.g., Q1 2026 vs Q2 2026 differences).
Significant share repurchases in 2026. In Q2 2026, OSIS spent about $147.0 million on repurchasing common equity, reducing cash and potentially limiting liquidity for other uses.
Leverage remains elevated. Long-term debt is close to $1.0 billion (e.g., $998.9 million in Q2 2026), signaling higher interest costs and execution risk if operating cash flow slows.

Notes for readers: The bullets above pull from the provided quarterly cash flow, income statement, and balance sheet data for OSIS over the last four years. Values are in USD and reflect reported periods (e.g., Q2 2026 vs prior quarters). This overview is intended to help retail investors gauge profitability, liquidity, and leverage trends rather than provide investment advice.

05/14/26 03:08 PM ETAI Generated. May Contain Errors.

OSI Systems Financials - Frequently Asked Questions

According to the most recent income statement we have on file, OSI Systems' financial year ends in June. Their financial year 2025 ended on June 30, 2025.

OSI Systems' net income appears to be on an upward trend, with a most recent value of $149.64 million in 2025, rising from $65.15 million in 2015. The previous period was $128.15 million in 2024. See OSI Systems' forecast for analyst expectations on what's next for the company.

OSI Systems' total operating income in 2025 was $217.52 million, based on the following breakdown:

Total Gross Profit: $587.18 million
Total Operating Expenses: $369.66 million

Over the last 10 years, OSI Systems' total revenue changed from $958.20 million in 2015 to $1.71 billion in 2025, a change of 78.8%.

OSI Systems' total liabilities were at $1.29 billion at the end of 2025, a 20.3% increase from 2024, and a 262.9% increase since 2015.

In the past 10 years, OSI Systems' cash and equivalents has ranged from $47.59 million in 2015 to $169.65 million in 2017, and is currently $106.41 million as of their latest financial filing in 2025.

Over the last 10 years, OSI Systems' book value per share changed from 29.37 in 2015 to 56.65 in 2025, a change of 92.9%.

Related Companies

Financial statements for NASDAQ:OSIS last updated on 5/8/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

OSI Systems (OSIS) Financials

Financials Breakdown Chart

Key Financial Trends

OSI Systems Financials - Frequently Asked Questions

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

OSI Systems (OSIS) Financials

Annual Income Statements for OSI Systems

Quarterly Income Statements for OSI Systems

Annual Cash Flow Statements for OSI Systems

Quarterly Cash Flow Statements for OSI Systems

Annual Balance Sheets for OSI Systems

Quarterly Balance Sheets for OSI Systems

Annual Metrics And Ratios for OSI Systems

Quarterly Metrics And Ratios for OSI Systems

Financials Breakdown Chart

Key Financial Trends

OSI Systems Financials - Frequently Asked Questions

When does OSI Systems' fiscal year end?

How has OSI Systems' net income changed over the last 10 years?

What is OSI Systems' operating income?

How has OSI Systems' revenue changed over the last 10 years?

How much debt does OSI Systems have?

How much cash does OSI Systems have?

How has OSI Systems' book value per share changed over the last 10 years?

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools