Filing Flows › OSI Systems (OSIS) › Q1 FY27
OSI Systems (OSIS) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Oct 29, 2026
OSI Systems (OSIS) reported revenue of $403M for the first quarter fiscal 2027 (Q1 FY27), +5% from a year earlier and -17% from the quarter before. Operating margin was 8.3%, net earnings $24.6M (6.1% of revenue).
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 follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $403M | -17% | +5% |
| Gross profit | $124M | -26% | +0.5% |
| Operating profit | $33.6M | -55% | +2% |
| Net earnings | $24.6M | -56% | +20% |
| Operating cash flow | $37.1M | -80% | +116% |
| Free cash flow | $29.4M | -83% | +191% |
What changed
Revenue was $403.5M in Q1 FY27, up 5% year over year and down 17% from the previous quarter. Security Division was the largest line at 65% of revenue. Optoelectronics and Manufacturing Division added $14.6M year over year (up 16%), 77% of the total change. Healthcare Division declined 14%.
Gross margin was 30.7%, down 1.3 points from Q1 FY26. Operating profit was $33.6M, a 8.3% margin (down 0.3 points year over year). Of the extra revenue versus Q1 FY26, 3% reached operating profit, below the 9% margin then. Operating expenses grew 0% against revenue growth of 5%. Net earnings were $24.6M, up 20% year over year. The effective tax rate was 18.8%.
Operating cash flow was $37.1M (up 116% year over year), 151% of net earnings. Non-cash charges added back $9.0M of depreciation and amortization and $6.0M of share-based compensation. Working capital and other items used $2.5M. Capital expenditures of $7.7M left free cash flow of $29.4M.
Questions
What was OSI Systems' revenue in the first quarter fiscal 2027?
OSI Systems (OSIS) reported revenue of $403M for the first quarter fiscal 2027 (Q1 FY27), +5% from a year earlier and -17% from the quarter before.
Was OSI Systems profitable in the first quarter fiscal 2027?
Operating profit was $33.6M (8.3% of revenue) and net earnings $24.6M.
Source: OSI Systems 10-Q on SEC EDGAR.