Filing Flows › One Stop Systems (OSS) › Q1 2026
One Stop Systems (OSS) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
One Stop Systems (OSS) reported revenue of $8.1M for the first quarter 2026 (Q1 2026), +55% from a year earlier. Operating margin was -8.3%, net loss $520K (6.4% of revenue).
One Stop Systems, Q1 2026: revenue $8.1M (+55% year over year), operating margin -8.3%, net loss $520K, operating cash flow $4.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.1M | — | +55% |
| Operating profit | −$671K | -218% | — |
| Net earnings | −$520K | -297% | — |
| Operating cash flow | $4.0M | — | — |
| Free cash flow | $4.0M | — | — |
What changed
Revenue was $8.1M in Q1 2026, up 55% year over year. Product was the largest line at 88% of revenue. Product added $2.3M year over year (up 47%), 79% of the total change.
Gross margin was 51.6%, up 6.1 points from Q1 2025. Operating costs exceeded revenue by $671K, an operating margin of -8.3%. Operating expenses grew 3% against revenue growth of 55%. The fastest-growing cost line was SG&A (+28%). The quarter ended with a net loss of $520K. Non-operating items added $309K, -85% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $4.0M. Non-cash charges added back $184K of depreciation and amortization and $655K of share-based compensation. Working capital and other items added $3.7M. Capital expenditures of $15K left free cash flow of $4.0M.
Questions
What was One Stop Systems' revenue in the first quarter 2026?
One Stop Systems (OSS) reported revenue of $8.1M for the first quarter 2026 (Q1 2026), +55% from a year earlier.
Was One Stop Systems profitable in the first quarter 2026?
Operating loss was $671K (-8.3% of revenue) and net loss $520K.
Source: One Stop Systems 10-Q on SEC EDGAR.