Friday 6 November 2026
Export OSIS’s income statement to Excel — free account
OSI Systems, Inc.
OSIS Technology Electronic Components
OSI Systems, Inc.’s revenue for fiscal 2026 (year ended June 2026) was $1.8 billion, up 4.25% from fiscal 2025.
- Revenue
- +4.90%
- EPS
- +31.0%
- Free cash flow
- +274.4%
- Total debt
- +126.0%
Quarter to September 2026, against a year earlier
192.29
10.63
−5.24%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to June
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | TTM Sep ’26 | Trend | 10 yrs | 2027e | 2028e | 2029e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 961 | 1,089 | 1,182 | 1,166 | 1,147 | 1,183 | 1,278 | 1,539 | 1,713 | 1,786 | 1,805 | +7.1% | 1,908 | 2,029 | 2,224 | +7.6% | |
| Gross margin, % | 33.66 | 35.95 | 36.43 | 36.07 | 36.61 | 35.87 | 33.67 | 34.47 | 34.27 | 33.21 | 32.90 | (0.5) pt | ||||||
| EBT | 26 | 37 | 86 | 86 | 99 | 140 | 115 | 161 | 186 | 193 | 197 | +25.1% | ||||||
| EBT margin, % | 2.68 | 3.38 | 7.29 | 7.39 | 8.60 | 11.85 | 9.01 | 10.48 | 10.86 | 10.79 | 10.93 | +8.1 pt | ||||||
| Net income | 21 | (29) | 65 | 75 | 74 | 115 | 92 | 128 | 150 | 155 | 159 | +24.8% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 50.86 | 58.59 | 65.32 | 64.10 | 63.83 | 67.42 | 75.97 | 90.63 | 102.22 | 107.69 | 113.52 | +8.7% | |||||
| Earnings | 1.07 | (1.57) | 3.46 | 4.05 | 4.03 | 6.45 | 5.34 | 7.38 | 8.71 | 8.95 | 9.37 | +26.6% | ||||||
| Cash flow | 3.32 | 7.16 | 6.58 | 7.10 | 7.74 | 3.64 | 5.63 | (5.15) | 5.82 | 16.64 | 18.61 | +19.6% | ||||||
| Capex | (1.18) | (2.46) | (1.67) | (1.86) | (1.64) | 0.21 | (1.90) | (2.29) | (2.46) | (2.54) | (2.81) | +8.9% | ||||||
| Free cash flow | 2.15 | 4.70 | 4.91 | 5.25 | 6.10 | 3.84 | 3.74 | (7.45) | 3.36 | 14.10 | 15.79 | +23.3% | ||||||
| Book value | 30.13 | 26.33 | 30.49 | 31.45 | 35.61 | 36.38 | 43.15 | 50.86 | 56.75 | 50.23 | 49.24 | +5.8% | ||||||
| Shares, m | 19 | 19 | 18 | 18 | 18 | 18 | 17 | 17 | 17 | 17 | 16 | (1.4%) | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 69.58 | 0.00 | 33.20 | 18.48 | 25.16 | 13.19 | 22.07 | 18.60 | 25.85 | 24.30 | 20.53 | 25.0 | |||||
| P/S | 1.48 | 1.33 | 1.76 | 1.16 | 1.59 | 1.27 | 1.55 | 1.51 | 2.20 | 2.03 | 1.69 | 1.6 | ||||||
| P/B | 2.49 | 2.96 | 3.78 | 2.37 | 2.85 | 2.35 | 2.73 | 2.69 | 3.96 | 4.35 | 3.91 | 3.1 | ||||||
| EV/Sales | 1.56 | 1.48 | 1.90 | 1.33 | 1.76 | 1.46 | 1.60 | 1.54 | 2.41 | 2.39 | 2.08 | 1.7 | ||||||
| EV/FCF | 36.87 | 18.47 | 25.28 | 16.24 | 18.46 | 25.63 | 37.35 | (18.72) | 73.33 | 18.25 | 14.95 | 25.1 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 63 | 133 | 119 | 129 | 139 | 64 | 95 | (88) | 98 | 276 | 296 | +17.9% | |||||
| Capex | (22) | (46) | (30) | (34) | (30) | 4 | (32) | (39) | (41) | (42) | (45) | +7.3% | ||||||
| Free cash flow | 41 | 87 | 89 | 95 | 110 | 67 | 63 | (126) | 56 | 234 | 251 | +21.5% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 307 | 207 | 259 | 288 | 365 | 132 | 268 | 401 | 726 | 1,101 | 1,038 | +15.2% | |||||
| Net debt | 74 | 166 | 162 | 192 | 197 | 229 | 68 | 42 | 365 | 641 | 698 | +27.0% | ||||||
| Shareholders’ equity | 569 | 489 | 552 | 572 | 640 | 638 | 726 | 863 | 951 | 833 | 783 | +4.3% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | 1.90 | (2.34) | 5.14 | 5.94 | 5.58 | 8.16 | 6.12 | 7.34 | 7.16 | 6.52 | 6.63 | +4.6 pt | |||||
| ROIC | 3.23 | 5.33 | 9.43 | 8.58 | 8.62 | 8.77 | 10.65 | 13.05 | 10.33 | 9.28 | 9.27 | +6.0 pt | ||||||
| ROE | 3.80 | (5.50) | 12.45 | 13.39 | 12.22 | 18.05 | 13.45 | 16.12 | 16.49 | 17.34 | 18.36 | +13.5 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 5,763 | 6,087 | 6,667 | 6,758 | 6,778 | 6,298 | 6,423 | 6,681 | 7,337 | 7,806 | — | +3.4% | |||||
| Revenue/emp, $m | 0.17 | 0.18 | 0.18 | 0.17 | 0.17 | 0.19 | 0.20 | 0.23 | 0.23 | 0.23 | — | +3.6% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Jun 2026 · latest quarter Sep 2026 · fundamentals updated 2 Nov 2026
OSI Systems, Inc. vs peers in Electronic Components (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| PLXS Plexus Corp. | $5.0B | 24.9× | 29.9× | +34.79% (above 0%: growing) | +34.66% (above 0%: growing) | −93.43% (below 0%: shrinking) | 10.23% | 6.05% | Compare |
| OLED Universal Display Corporation | $3.9B | 17.8× | 19.2× | +14.91% (above 0%: growing) | +85.55% (above 0%: growing) | +13.75% (above 0%: growing) | 73.15% | 33.48% | Compare |
| OSIS OSI Systems, Inc. | $3.0B | 20.5× | 18.7× | +4.90% (above 0%: growing) | +30.97% (above 0%: growing) | +274.38% (above 0%: growing) | 30.68% | 8.32% | |
| BELFB Bel Fuse Inc. | $2.8B | 46.4× | 30.7× | +23.20% (above 0%: growing) | +3.95% (above 0%: growing) | +25.93% (above 0%: growing) | 40.94% | 17.94% | Compare |
| BELFA Bel Fuse Inc. | $2.7B | 31.4× | 30.7× | +23.20% (above 0%: growing) | +58.39% (above 0%: growing) | +25.93% (above 0%: growing) | 40.94% | 17.94% | Compare |
| KN Knowles Corporation | $2.6B | 36.3× | 36.8× | +20.34% (above 0%: growing) | +25.00% (above 0%: growing) | +74.30% (above 0%: growing) | 44.18% | 16.68% | Compare |
| OUST Ouster, Inc. | $2.2B | — (loss-making) | — (loss-making) | +50.09% (above 0%: growing) | n/m | −74.41% (below 0%: shrinking) | 42.58% | (32.47%) | Compare |
| BHE Benchmark Electronics, Inc. | $2.1B | 38.3× | 34.3× | +19.13% (above 0%: growing) | +19.47% (above 0%: growing) | −42.40% (below 0%: shrinking) | 10.41% | 3.79% | Compare |
| ROG Rogers Corporation | $2.1B | 45.6× | 42.6× | +9.31% (above 0%: growing) | +164.58% (above 0%: growing) | +66.98% (above 0%: growing) | 34.18% | 12.75% | Compare |
| Median of peers | $2.6B | 36.3× | 30.7× | +21.77% | +34.66% | +19.84% | 40.94% | 14.72% |
Pay and ownership Proxy statement filed 22 October 2025
Chief executive’s pay
| Year | Total pay | Actually paid | $100 invested |
|---|---|---|---|
| 2024 | 20.68m | 36.16m | 184.24 |
| 2023 | 8.11m | 32.36m | 157.86 |
| 2022 | 9.65m | 16.86m | 114.47 |
| 2021 | 9.57m | 25.90m | 136.17 |
Ownership
Directors and executive officers, together
4.30%
BlackRock, Inc.
14.10%
FMR LLC
7.30%
Janus Henderson Group Plc
6.20%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards
at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s
shares at the start of the earliest year shown was worth at each year’s end.
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement
OSI Systems, Inc. (OSIS) Latest News
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16 Sep
3 Sep
27 Aug
22 Aug
OSIS metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score