Filing Flows › OSI Systems (OSIS) › Q1 FY27 › vs Q1 FY26
OSI Systems (OSIS) Q1 FY27 vs Q1 FY26 (year over year)
OSI Systems's revenue rose $18.8M (+5%) from $385M in Q1 FY26 to $403M in Q1 FY27. The biggest changes: Optoelectronics and Manufacturing Division +$14.6M (+16%); Security Division +$9.9M (+4%); Healthcare Division −$5.6M (-14%). Gross margin 30.7% against 32.0% (-1.3 pts).
OSI Systems, Q1 FY27: revenue $403M (+5% year over year), operating margin 8.3%, net earnings $24.6M, operating cash flow $37.1M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 30.7% | 32.0% | -1.3 pts |
| Operating margin | 8.3% | 8.6% | -0.3 pts |
| Net margin | 6.1% | 5.3% | +0.7 pts |
| Free cash flow margin | 7.3% | 2.6% | +4.7 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Security Division | $264M | $254M | $9.9M | +4% |
| Optoelectronics and Manufacturing Division | $104M | $89.6M | $14.6M | +16% |
| Healthcare Division | $35.1M | $40.7M | −$5.6M | -14% |
| Revenue | $403M | $385M | $18.8M | +5% |
| Gross profit | $124M | $123M | $616K | +0.5% |
| Cost of revenue | $280M | $261M | $18.2M | +7% |
| Operating profit | $33.6M | $33.1M | $497K | +2% |
| Operating expenses | $90.2M | $90.1M | $119K | +0.1% |
| Pre-tax earnings | $30.2M | $25.7M | $4.6M | +18% |
| Other expense, net | $3.3M | $7.4M | −$4.1M | -55% |
| Research & development | $19.4M | $20.4M | −$1.0M | -5% |
| SG&A | $68.7M | $67.0M | $1.8M | +3% |
| Other operating costs | $2.1M | $2.7M | −$634K | -23% |
| Net earnings | $24.6M | $20.6M | $4.0M | +20% |
| Income tax | $5.7M | $5.1M | $558K | +11% |
| Depreciation & amortization | $9.0M | $10.3M | −$1.2M | -12% |
| Share-based compensation | $6.0M | $6.2M | −$238K | -4% |
| Working capital & other | $2.5M | $19.9M | −$17.4M | -88% |
| Operating cash flow | $37.1M | $17.1M | $20.0M | +116% |
| Free cash flow (OCF − capex) | $29.4M | $10.1M | $19.3M | +191% |
| Capital expenditures | $7.7M | $7.0M | $627K | +9% |
Questions
How much did OSI Systems's revenue grow year over year in Q1 FY27?
OSI Systems's revenue rose $18.8M (+5%) from $385M in Q1 FY26 to $403M in Q1 FY27.
What drove OSI Systems's revenue change in Q1 FY27?
Optoelectronics and Manufacturing Division +$14.6M (+16%); Security Division +$9.9M (+4%); Healthcare Division −$5.6M (-14%).