Osi Systems Inc
OSIS Nasdaq Semiconductors & Related Devices Financials FY2017βFY2026
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.
Net income and earnings per share
From fiscal 2017 to 2026, diluted EPS grew 26.6% a year. Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was $245M in fiscal 2026, 13.7% of revenue. Cash from operations minus 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%.
Balance sheet
Cash, debt and the ratios that show how comfortably Osi Systems Inc can carry it.
| Fiscal year end | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| 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 | 1.4x | 0.4x | 0.2x | 1.4x | 2.5x |
| Debt / equity | 0.5x | 0.2x | 0.2x | 0.5x | 1.2x |
| Interest coverage | β | β | 6.8x | 6.9x | 8.4x |
| Current ratio | 1.2x | 1.5x | 1.5x | 2.0x | 3.2x |
| Quick ratio | 0.7x | 0.9x | 1.0x | 1.5x | 2.3x |
| 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 (β = 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
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
| Test | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | 5 / 9 | 8 / 9 | 6 / 9 | 7 / 9 | 4 / 9 | 7 / 9 | 5 / 9 | 5 / 9 | 4 / 9 |
| Accruals ratio | β3.4% | β13.1% | β4.3% | β4.3% | β4.9% | 3.6% | β0.2% | 12.4% | 2.5% | β5.1% |
| Altman Z'' | 3.69 | 2.92 | 3.76 | 4.13 | 4.48 | 3.50 | 4.18 | 4.31 | 4.92 | 5.11 |
10 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | β$29.1M | $64.8M | $75.3M | $74.0M | $115M | $91.8M | $128M | $150M | $155M |
| Net income to common | $21.1M | β$29.1M | $64.8M | $75.3M | $74.0M | $115M | $91.8M | $128M | $150M | $155M |
| Diluted EPS | $1.07 | β$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 | β$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 | β$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% | β2.7% | 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% | β7.1% | 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% | β5.5% | 12.4% | 13.4% | 12.2% | 18.0% | 13.5% | 16.1% | 16.5% | 17.3% |
| Return on assets | 1.7% | β2.3% | 5.1% | 5.9% | 5.6% | 8.2% | 6.1% | 7.3% | 7.2% | 6.5% |
| Return on tangible equity | 10.1% | β52.7% | 58.0% | 56.5% | 38.6% | 70.5% | 38.9% | 34.4% | 39.3% | 66.1% |
| Growth | ||||||||||
| Revenue growth | β | 13.4% | 8.5% | β1.4% | β1.6% | 3.2% | 8.0% | 20.4% | 11.3% | 4.3% |
| Net income growth | β | β238.2% | β | 16.1% | β1.6% | 55.8% | β20.4% | 39.6% | 16.8% | 3.4% |
| EPS growth | β | β246.7% | β | 17.1% | β0.5% | 60.0% | β17.2% | 38.2% | 18.0% | 2.8% |
| FCF growth | β | 96.8% | 2.0% | 17.9% | 13.0% | β60.0% | 61.6% | β238.7% | β | 232.6% |
| Share count change | β | β5.6% | 0.7% | β0.6% | β1.1% | β2.8% | β3.8% | 1.0% | β1.0% | 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 | β3.4% | β13.1% | β4.3% | β4.3% | β4.9% | 3.6% | β0.2% | 12.4% | 2.5% | β5.1% |
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.