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Osi Systems Inc

OSIS Nasdaq Semiconductors & Related Devices Financials FY2017–FY2026

Revenue Total sales reported in the income statement.
$1.8B
4.3% vs prior year
Operating margin Operating income as a share of revenue.
12.3%
0.4 pts
Net income Profit after all expenses, interest and tax.
$155M
3.4%
Free cash flow Cash from operations minus capital spending.
$245M
232.6%
Return on capital After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
11.9%
1.4 pts
Market cap Last close times the latest diluted share count, so it is approximate.
β€”
P/E Last close divided by diluted earnings per share over the last four quarters.
β€”
On $8.95 EPS (TTM)

What Osi Systems Inc does

No business description yet.

Legal name
OSI SYSTEMS INC
Fiscal year ends
June 30, 2026
Latest annual report
10-K Β· Aug 21, 2026
Accession Β· CIK
0001104659-26-099752
0001039065

Revenue and margins

Osi Systems Inc had $1.8B of revenue in fiscal 2026, up 4.3% on the year before.

Revenue
Revenue
Margins, % of revenue
Gross Operating Net FCF
Margins, % of revenue
Gross Operating Net FCF

Net income and earnings per share

From fiscal 2017 to 2026, diluted EPS grew 26.6% a year. Loss periods are shown in red.

Net income
Net income
Diluted EPS
Diluted EPS

Returns on capital

After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.

Return on capital, equity and assets (annual)
Return on capital Return on equity Return on assets

Cash flow

Free cash flow was $245M in fiscal 2026, 13.7% of revenue. Cash from operations minus capital spending.

Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations Capital spending
Cash from operations vs capital spending
Cash from operations Capital spending

Dividends, buybacks and share count

Osi Systems Inc returned $272M to shareholders in fiscal 2026, 111% of free cash flow. The diluted share count rose 0.6%.

Dividends and buybacks
Dividends Buybacks
Dividends and buybacks
Dividends Buybacks
Diluted shares outstanding (annual)

Balance sheet

Cash, debt and the ratios that show how comfortably Osi Systems Inc can carry it.

Cash vs debt (incl. leases)
Cash Debt
Fiscal year endFY22FY23FY24FY25FY26
Cash and short-term investments $64.2M$76.8M$95.4M$106M$360M
Debt incl. finance leases $293M$145M$138M$472M$1.0B
Net debt / EBITDA 1.4x0.4x0.2x1.4x2.5x
Debt / equity 0.5x0.2x0.2x0.5x1.2x
Interest coverage β€”β€”6.8x6.9x8.4x
Current ratio 1.2x1.5x1.5x2.0x3.2x
Quick ratio 0.7x0.9x1.0x1.5x2.3x
Total assets $1.4B$1.6B$1.9B$2.2B$2.5B
Total liabilities $805M$830M$1.1B$1.3B$1.7B
Shareholders' equity $638M$726M$863M$951M$833M
Net debt (βˆ’ = net cash) $229M$67.8M$42.2M$365M$641M

Insider trades

Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.

Bought, 12 months

$0.0M

0 insiders

Sold, 12 months

$0.0M

0 insiders

Of sales under plans

β€”

$0.0M

No open-market insider trades in the last 12 months.

Piotroski F-score

Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.

TestFY17FY18FY19FY20FY21FY22FY23FY24FY25FY26
Net income is positive βœ“ βœ• βœ“ βœ“ βœ“ βœ“ βœ“ βœ“ βœ“ βœ“
Cash from operations is positive βœ“ βœ“ βœ“ βœ“ βœ“ βœ“ βœ“ βœ• βœ“ βœ“
Return on assets rose β€” βœ• βœ“ βœ“ βœ• βœ“ βœ• βœ“ βœ“ βœ•
Cash from operations exceeds net income βœ“ βœ“ βœ“ βœ“ βœ“ βœ• βœ“ βœ• βœ• βœ“
Debt fell relative to assets β€” βœ• βœ“ βœ• βœ“ βœ• βœ“ βœ“ βœ• βœ•
Current ratio rose β€” βœ• βœ“ βœ“ βœ“ βœ• βœ“ βœ“ βœ“ βœ“
Share count didn't rise β€” βœ“ βœ• βœ“ βœ“ βœ“ βœ“ βœ• βœ“ βœ•
Gross margin rose β€” βœ“ βœ“ βœ• βœ“ βœ• βœ• βœ“ βœ• βœ•
Revenue rose relative to assets β€” βœ“ βœ“ βœ• βœ• βœ• βœ“ βœ• βœ• βœ•
F-score β€” / 35 / 98 / 96 / 97 / 94 / 97 / 95 / 95 / 94 / 9
Accruals ratio βˆ’3.4%βˆ’13.1%βˆ’4.3%βˆ’4.3%βˆ’4.9%3.6%βˆ’0.2%12.4%2.5%βˆ’5.1%
Altman Z'' 3.692.923.764.134.483.504.184.314.925.11

10 years of figures

US$ millions unless stated. Hover a ratio's name for its definition.

Download CSV
Fiscal yearFY17FY18FY19FY20FY21FY22FY23FY24FY25FY26
Income statement
Revenue $961M $1.1B $1.2B $1.2B $1.1B $1.2B $1.3B $1.5B $1.7B $1.8B
Gross profit $324M $392M $431M $421M $420M $424M $431M $530M $587M $593M
Research and development $51.0M $61.2M $56.5M $57.3M $53.7M $59.6M $59.4M $65.3M $73.4M $79.1M
Operating income $33.3M $55.9M $108M $105M $115M $122M $135M $189M $218M $219M
Interest expense $9.6M $19.3M $21.6M β€” β€” β€” β€” $27.8M $31.4M $26.2M
Pretax income $25.8M $36.9M $86.2M $86.1M $98.6M $140M $115M $161M $186M $193M
Income tax $4.7M $66.0M $21.4M $10.9M $24.6M $24.8M $23.5M $33.1M $36.5M $38.0M
Net income $21.1M βˆ’$29.1M $64.8M $75.3M $74.0M $115M $91.8M $128M $150M $155M
Net income to common $21.1M βˆ’$29.1M $64.8M $75.3M $74.0M $115M $91.8M $128M $150M $155M
Diluted EPS $1.07 βˆ’$1.57 $3.46 $4.05 $4.03 $6.45 $5.34 $7.38 $8.71 $8.95
Diluted shares 0.02B 0.02B 0.02B 0.02B 0.02B 0.02B 0.02B 0.02B 0.02B 0.02B
Cash flow
Cash from operations $62.8M $133M $119M $129M $139M $63.8M $94.8M βˆ’$87.5M $97.6M $276M
Capital expenditure $17.1M $43.2M $27.4M $21.1M $16.9M $14.9M $15.8M $22.1M $23.8M $30.6M
Free cash flow $45.7M $89.9M $91.7M $108M $122M $48.9M $79.0M βˆ’$110M $73.8M $245M
Depreciation and amortization $68.2M $69.8M $56.2M $49.8M $43.9M $38.7M $38.5M $42.2M $43.6M $42.7M
Stock-based compensation $26.1M $23.8M $25.3M $23.8M $26.8M $28.1M $29.1M $28.7M $32.0M $26.4M
Acquisitions $189M $100M $18.3M $8.9M $3.0M $14.1M $7.1M $9.0M $76.7M $26.3M
Share buybacks $48.5M $62.9M $21.0M $51.8M $37.5M $112M $34.7M $0.0M $80.4M $272M
Dividends and buybacks $48.5M $62.9M $21.0M $51.8M $37.5M $112M $34.7M $0.0M $80.4M $272M
Balance sheet
Cash and short-term investments $170M $84.8M $96.3M $76.1M $80.6M $64.2M $76.8M $95.4M $106M $360M
Total debt $244M $290M $259M $268M $277M $293M $145M $138M $472M $1.0B
Current assets $653M $651M $641M $618M $709M $746M $840M $1.2B $1.4B $1.6B
Current liabilities $346M $443M $382M $330M $345M $614M $572M $815M $697M $511M
Inventory $249M $314M $274M $241M $294M $334M $338M $398M $407M $416M
Property and equipment, net $142M $116M $127M $128M $118M $110M $109M $114M $127M $130M
Goodwill $242M $292M $307M $311M $320M $336M $350M $351M $387M $407M
Intangible assets $118M $142M $133M $128M $128M $138M $141M $140M $183M $192M
Total assets $1.2B $1.3B $1.3B $1.3B $1.4B $1.4B $1.6B $1.9B $2.2B $2.5B
Total liabilities $661M $766M $713M $696M $745M $805M $830M $1.1B $1.3B $1.7B
Preferred stock β€” β€” β€” $0.0M $0.0M $0.0M β€” β€” β€” β€”
Shareholders' equity $569M $489M $552M $572M $640M $638M $726M $863M $951M $833M
Margins
Gross margin 33.7% 36.0% 36.4% 36.1% 36.6% 35.9% 33.7% 34.5% 34.3% 33.2%
Operating margin 3.5% 5.1% 9.1% 9.0% 10.1% 10.3% 10.6% 12.3% 12.7% 12.3%
EBITDA margin 10.6% 11.5% 13.9% 13.3% 13.9% 13.6% 13.6% 15.0% 15.2% 14.6%
Net margin 2.2% βˆ’2.7% 5.5% 6.5% 6.5% 9.7% 7.2% 8.3% 8.7% 8.7%
FCF margin 4.8% 8.3% 7.8% 9.3% 10.7% 4.1% 6.2% βˆ’7.1% 4.3% 13.7%
Returns
Return on capital 4.2% 5.2% 11.4% 12.0% 10.4% 11.5% 13.6% 16.6% 13.3% 11.9%
Return on capital employed 3.8% 6.9% 12.2% 11.2% 11.1% 14.7% 13.7% 16.9% 14.1% 11.0%
Return on equity 3.7% βˆ’5.5% 12.4% 13.4% 12.2% 18.0% 13.5% 16.1% 16.5% 17.3%
Return on assets 1.7% βˆ’2.3% 5.1% 5.9% 5.6% 8.2% 6.1% 7.3% 7.2% 6.5%
Return on tangible equity 10.1% βˆ’52.7% 58.0% 56.5% 38.6% 70.5% 38.9% 34.4% 39.3% 66.1%
Growth
Revenue growth β€” 13.4% 8.5% βˆ’1.4% βˆ’1.6% 3.2% 8.0% 20.4% 11.3% 4.3%
Net income growth β€” βˆ’238.2% β€” 16.1% βˆ’1.6% 55.8% βˆ’20.4% 39.6% 16.8% 3.4%
EPS growth β€” βˆ’246.7% β€” 17.1% βˆ’0.5% 60.0% βˆ’17.2% 38.2% 18.0% 2.8%
FCF growth β€” 96.8% 2.0% 17.9% 13.0% βˆ’60.0% 61.6% βˆ’238.7% β€” 232.6%
Share count change β€” βˆ’5.6% 0.7% βˆ’0.6% βˆ’1.1% βˆ’2.8% βˆ’3.8% 1.0% βˆ’1.0% 0.6%
Financial health
Net debt / EBITDA 0.7x 1.6x 1.0x 1.2x 1.2x 1.4x 0.4x 0.2x 1.4x 2.5x
Debt / equity 0.4x 0.6x 0.5x 0.5x 0.4x 0.5x 0.2x 0.2x 0.5x 1.2x
Interest coverage 3.5x 2.9x 5.0x β€” β€” β€” β€” 6.8x 6.9x 8.4x
Current ratio 1.9x 1.5x 1.7x 1.9x 2.1x 1.2x 1.5x 1.5x 2.0x 3.2x
Quick ratio 1.2x 0.8x 1.0x 1.1x 1.2x 0.7x 0.9x 1.0x 1.5x 2.3x
Capital allocation
Capex / revenue 1.8% 4.0% 2.3% 1.8% 1.5% 1.3% 1.2% 1.4% 1.4% 1.7%
Stock comp / revenue 2.7% 2.2% 2.1% 2.0% 2.3% 2.4% 2.3% 1.9% 1.9% 1.5%
Payouts / FCF 106.1% 70.0% 22.9% 47.9% 30.7% 228.3% 44.0% β€” 109.1% 110.8%
Quality scores
Piotroski F-score β€” 5.0 8.0 6.0 7.0 4.0 7.0 5.0 5.0 4.0
Altman Z'' 3.7 2.9 3.8 4.1 4.5 3.5 4.2 4.3 4.9 5.1
Accruals ratio βˆ’3.4% βˆ’13.1% βˆ’4.3% βˆ’4.3% βˆ’4.9% 3.6% βˆ’0.2% 12.4% 2.5% βˆ’5.1%

Source: SEC EDGAR XBRL filings (CIK 0001039065). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β€” not investment advice. Check the original filings before relying on any figure.

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