Filing Flows › OSI Systems (OSIS) › Q3 FY25
OSI Systems (OSIS) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 2, 2025
OSI Systems (OSIS) reported revenue of $444M for the third quarter fiscal 2025 (Q3 FY25), +10% from a year earlier and +6% from the quarter before. Operating margin was 12.7%, net earnings $41.1M (9.3% of revenue).
OSI Systems, Q3 FY25: revenue $444M (+10% year over year), operating margin 12.7%, net earnings $41.1M, operating cash flow $81.6M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $444M | +6% | +10% |
| Gross profit | $150M | +2% | +10% |
| Operating profit | $56.2M | -3% | +9% |
| Net earnings | $41.1M | +9% | +21% |
| Operating cash flow | $81.6M | +55% | — |
| Free cash flow | $77.1M | +64% | — |
What changed
Revenue was $444.4M in Q3 FY25, up 10% year over year and up 6% from the previous quarter. Products was the largest line at 77% of revenue. Services added $25.1M year over year (up 32%), 65% of the total change.
Gross margin was 33.8%, up 0.3 points from a year earlier. Operating profit was $56.2M, a 12.7% margin (unchanged year over year). Of the extra revenue versus a year earlier, 12% reached operating profit, below the 13% margin then. Operating expenses grew 11% against revenue growth of 10%. The fastest-growing cost line was Other operating costs (+125%). Net earnings were $41.1M, up 21% year over year. The effective tax rate was 14.3%.
Operating cash flow was $81.6M, 198% of net earnings. Non-cash charges added back $10.6M of depreciation and amortization and $7.6M of share-based compensation. Working capital and other items added $22.4M. Capital expenditures of $4.5M left free cash flow of $77.1M.
Questions
What was OSI Systems' revenue in the third quarter fiscal 2025?
OSI Systems (OSIS) reported revenue of $444M for the third quarter fiscal 2025 (Q3 FY25), +10% from a year earlier and +6% from the quarter before.
Was OSI Systems profitable in the third quarter fiscal 2025?
Operating profit was $56.2M (12.7% of revenue) and net earnings $41.1M.
Source: OSI Systems 10-Q on SEC EDGAR.