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. In the quarter to June 2026, revenue fell 4.14%, EPS grew 7.92%, free cash flow grew 1,853.7% and total debt rose 112.3%, each against the same quarter a year earlier. Revenue growth for five consecutive years.

194.98 1.23 −0.63%
Market cap
$3.1B
P/E
21.7×
Fwd P/E
18.5×
Dividend yield
—
F-score
5/9
Altman Z
3.31
Beneish M
−2.81
Dividend safety
n/a

OSI Systems, Inc. (OSIS) Piotroski F-score

Alert me on Piotroski F-score

OSI Systems, Inc.'s Piotroski F-score for fiscal 2026 is 5 out of 9: 5 of nine tests of profitability, leverage and efficiency passed, up from 4 in fiscal 2025.

Piotroski F-score, annual

Embed this chart

Annual newest first

Period Piotroski F-score Change (points)
FY2026 5 1.00
FY2025 4 (2.00)
FY2024 6 0.00
FY2023 6 1.00
FY2022 5 (2.00)
FY2021 7 2.00
FY2020 5 (3.00)
FY2019 8 2.00
FY2018 6 (1.00)
FY2017 7 —

How fiscal 2026’s score is made up

Test This year Year before Result Points
Positive return on assets 6.52% 7.16% Pass 1
Positive operating cash flow 275.90m 97.59m Pass 1
Rising return on assets 6.52% 7.16% Fail 0
Cash flow above net income 121.19m (52.04m) Pass 1
Falling long-term leverage 0.42 0.22 Fail 0
Rising current ratio 3.15 2.04 Pass 1
No new shares issued 16,584,000 16,760,000 Pass 1
Rising gross margin 33.21% 34.27% Fail 0
Rising asset turnover 0.75 0.82 Fail 0
Piotroski F-score Mixed 5

How the Piotroski F-score works

One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.

Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:

7–9Strong — most fundamentals improved
4–6Mixed
0–3Weak — most fundamentals deteriorated

Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.

Piotroski F-score against peers

What Piotroski F-score is

The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.

One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover

The full definition of Piotroski F-score →

More on OSIS