Filing Flows › One Stop Systems (OSS) › Q3 2025
One Stop Systems (OSS) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
One Stop Systems (OSS) reported revenue of $18.8M for the third quarter 2025 (Q3 2025), +37% from a year earlier and +33% from the quarter before. Operating margin was 3.0%, net earnings $263K (1.4% of revenue).
One Stop Systems, Q3 2025: revenue $18.8M (+37% year over year), operating margin 3.0%, net earnings $263K, operating cash flow −$3.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $18.8M | +33% | +37% |
| Gross profit | $6.7M | +52% | — |
| Operating profit | $570K | — | — |
| Net earnings | $263K | — | — |
| Operating cash flow | −$3.4M | — | — |
What changed
Revenue was $18.8M in Q3 2025, up 37% year over year and up 33% from the previous quarter. Product was the largest line at 98% of revenue. Product added $5.8M year over year (up 46%), 114% of the total change. Service declined 71%.
Gross margin was 35.7%. Operating profit was $570K, a 3.0% margin (up 52.2 points year over year). The fastest-growing cost line was Research & development (+52%). Net earnings were $263K. The effective tax rate was 50.3%.
Operating cash flow was −$3.4M. Non-cash charges added back $226K of depreciation and amortization and $445K of share-based compensation. Working capital and other items used $4.4M. Capital expenditures of $295K exceeded it, leaving free cash flow of −$3.7M.
Questions
What was One Stop Systems' revenue in the third quarter 2025?
One Stop Systems (OSS) reported revenue of $18.8M for the third quarter 2025 (Q3 2025), +37% from a year earlier and +33% from the quarter before.
Was One Stop Systems profitable in the third quarter 2025?
Operating profit was $570K (3.0% of revenue) and net earnings $263K.
Source: One Stop Systems 10-Q on SEC EDGAR.