Filing Flows › OSI Systems (OSIS) › Q4 FY26 › vs Q4 FY25
OSI Systems (OSIS) Q4 FY26 vs Q4 FY25 (year over year)
OSI Systems's revenue fell $20.9M (-4%) from $505M in Q4 FY25 to $484M in Q4 FY26. Gross margin 34.7% against 33.3% (+1.4 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 Q4 FY25, the increases inside each band.
Margins
| Q4 FY26 | Q4 FY25 | Change | |
|---|---|---|---|
| Gross margin | 34.7% | 33.3% | +1.4 pts |
| Operating margin | 15.3% | 14.5% | +0.8 pts |
| Net margin | 11.4% | 10.4% | +1.0 pts |
| Free cash flow margin | 35.7% | -1.1% | +36.8 pts |
Every line
| Line | Q4 FY26 | Q4 FY25 | Change | % |
|---|---|---|---|---|
| Revenue | $484M | $505M | −$20.9M | -4% |
| Gross profit | $168M | $168M | −$284K | -0.2% |
| Cost of revenue | $316M | $337M | −$20.6M | -6% |
| Operating profit | $73.9M | $73.0M | $866K | +1% |
| Operating expenses | $94.1M | $95.2M | −$1.1M | -1% |
| Pre-tax earnings | $69.8M | $65.8M | $4.0M | +6% |
| Other expense, net | $4.1M | $7.2M | −$3.1M | -43% |
| Research & development | $19.5M | $18.8M | $656K | +3% |
| SG&A | $69.7M | $74.7M | −$4.9M | -7% |
| Other operating costs | $4.8M | $1.7M | $3.1M | +186% |
| Net earnings | $55.2M | $52.7M | $2.5M | +5% |
| Income tax | $14.5M | $13.1M | $1.5M | +11% |
| Depreciation & amortization | $13.3M | $10.9M | $2.3M | +21% |
| Share-based compensation | $6.6M | $9.5M | −$2.9M | -30% |
| Working capital & other | $107M | −$72.6M | $180M | — |
| Operating cash flow | $182M | $562K | $182M | 324× |
| Free cash flow (OCF − capex) | $173M | −$5.6M | $178M | — |
| Capital expenditures | $9.3M | $6.1M | $3.2M | +52% |
Questions
How much did OSI Systems's revenue grow year over year in Q4 FY26?
OSI Systems's revenue fell $20.9M (-4%) from $505M in Q4 FY25 to $484M in Q4 FY26. Gross margin 34.7% against 33.3% (+1.4 pts).