Filing Flows › OSI Systems (OSIS) › Q4 FY26 › vs Q3 FY26
OSI Systems (OSIS) Q4 FY26 vs Q3 FY26 (quarter over quarter)
OSI Systems's revenue rose $30.8M (+7%) from $453M in Q3 FY26 to $484M in Q4 FY26. The biggest changes: Security Division +$20.5M (+6%); Optoelectronics and Manufacturing Division +$6.3M (+7%); Healthcare Division +$4.0M (+10%). Gross margin 34.7% against 33.2% (+1.5 pts).
OSI Systems, Q4 FY26: revenue $484M (-4% year over year), operating margin 15.3%, net earnings $55.2M, operating cash flow $182M. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q4 FY26 | Q3 FY26 | Change | |
|---|---|---|---|
| Gross margin | 34.7% | 33.2% | +1.5 pts |
| Operating margin | 15.3% | 11.7% | +3.5 pts |
| Net margin | 11.4% | 8.9% | +2.5 pts |
| Free cash flow margin | 35.7% | 1.5% | +34.2 pts |
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Security Division | $340M | $319M | $20.5M | +6% |
| Optoelectronics and Manufacturing Division | $99.6M | $93.3M | $6.3M | +7% |
| Healthcare Division | $44.8M | $40.7M | $4.0M | +10% |
| Revenue | $484M | $453M | $30.8M | +7% |
| Gross profit | $168M | $150M | $17.6M | +12% |
| Cost of revenue | $316M | $303M | $13.2M | +4% |
| Operating profit | $73.9M | $53.2M | $20.7M | +39% |
| Operating expenses | $94.1M | $97.1M | −$3.0M | -3% |
| Pre-tax earnings | $69.8M | $49.2M | $20.6M | +42% |
| Other expense, net | $4.1M | $4.0M | $123K | +3% |
| Research & development | $19.5M | $19.5M | $45K | +0.2% |
| SG&A | $69.7M | $71.5M | −$1.7M | -2% |
| Other operating costs | $4.8M | $6.2M | −$1.3M | -22% |
| Net earnings | $55.2M | $40.2M | $15.0M | +37% |
| Income tax | $14.5M | $9.0M | $5.5M | +61% |
| Depreciation & amortization | $13.3M | $9.5M | $3.7M | +39% |
| Share-based compensation | $6.6M | $6.6M | $13K | +0.2% |
| Working capital & other | $107M | −$41.9M | $149M | — |
| Operating cash flow | $182M | $14.5M | $168M | 13× |
| Free cash flow (OCF − capex) | $173M | $6.9M | $166M | 25× |
| Capital expenditures | $9.3M | $7.6M | $1.7M | +23% |
Questions
How much did OSI Systems's revenue grow quarter over quarter in Q4 FY26?
OSI Systems's revenue rose $30.8M (+7%) from $453M in Q3 FY26 to $484M in Q4 FY26.
What drove OSI Systems's revenue change in Q4 FY26?
Security Division +$20.5M (+6%); Optoelectronics and Manufacturing Division +$6.3M (+7%); Healthcare Division +$4.0M (+10%).