OSIS on Nasdaq

OSI Systems

American electronics company

OSI Systems, Inc. is an American company based in California that develops and markets security and inspection systems such as airport security X-ray machines and metal detectors, medical monitoring and anesthesia systems, and optoelectronic devices.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 18, 2026.

Overview

$1.8BRevenue, fiscal 20264
$154.7MNet income, fiscal 20264
1987Founded1

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  • TickerOSIS on Nasdaq1
  • IndustrySemiconductors & Related Devices1
  • HeadquartersHawthorne1
  • Websitewww.osi-systems.com
  • Legal formDelaware corporation1
  • Incorporated inDE5
  • Business address12525 Chadron Ave, Hawthorne, Ca 902505
  • Filer categoryLarge accelerated filer5

OSI Systems, Inc. is an American company based in California that develops and markets security and inspection systems such as airport security X-ray machines and metal detectors, medical monitoring and anesthesia systems, and optoelectronic devices. As of June 2010, the company employs approximately 3,180 personnel globally and includes subsidiary companies Spacelabs Healthcare, Rapiscan Systems and OSI Optoelectronics.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

33.2%Gross margin4
12.3%Operating margin4
8.7%Net margin4
4.3%Revenue growth, 20264
18.6%Return on equity4
1.20×Debt to equity4
$245.3MFree cash flow4

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Product brought in 73% of the revenue OSI Systems broke down this way in fiscal 2026.

  1. Product$1.3B473%up 2% from 2025
  2. Service$441.3M424%up 13% from 2025
  3. Bill and Hold Service$64.7M43%up 239% from 2025
Products and services by year
Products and services202420252026
Product$1.2B$1.3B$1.3B
Service$331.2M$389.9M$441.3M
Bill and Hold Service$5.5M$19.1M$64.7M

Business segments

Security Division brought in 67% of the revenue OSI Systems broke down this way in fiscal 2026.

  1. Security Division$1.2B467%up 4% from 2025
  2. Optoelectronics And Manufacturing Division$450.8M424%up 9% from 2025
  3. Healthcare Division$162.7M49%down 3% from 2025
Business segments by year
Business segments202420252026
Security Division$1.0B$1.2B$1.2B
Optoelectronics And Manufacturing Division$384.3M$412.1M$450.8M
Healthcare Division$171.4M$168.4M$162.7M

Regions

United States brought in 33% of the revenue OSI Systems broke down this way in fiscal 2026.

  1. United States$583.2M433%up 4% from 2025
  2. United Kingdom$503.5M428%up 35% from 2025
  3. Asia Pacific$316.4M418%up 7% from 2025
  4. Other Americas$205.9M412%up 33% from 2025
  5. Mexico$99.1M46%down 64% from 2025
  6. Other EMEA$77.9M44%up 56% from 2025
Regions by year
Regions202420252026
United States$527.1M$563.0M$583.2M
United Kingdom$234.9M$373.0M$503.5M
Asia Pacific$242.0M$295.7M$316.4M
Other Americas$61.6M$155.1M$205.9M
Mexico$423.2M$276.3M$99.1M
Other EMEA$50.0M$50.0M$77.9M

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue67¢$1.2B
  • Research and development4¢$79.1M
  • Selling, general and admin16¢$278.4M
  • Other costs2¢$42.8M
  • Income tax2¢$38.0M
  • Profit9¢$154.7M

Out of $1.8B in revenue.4

Where each dollar of operating cash went, fiscal 2026

  • Capital spending10¢$30.6M
  • Share buybacks90¢$271.9M

Out of $275.9M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.4

Financial statements

Revenue78910114$1.8B in 2026+51% since 2019
0$500.0M$1.0B$1.5B$2.0B2019: $1.2B$1.2B20192020: $1.2B$1.2B2020−1%2021: $1.1B$1.1B2021−2%2022: $1.2B$1.2B2022+3%2023: $1.3B$1.3B2023+8%2024: $1.5B$1.5B2024+20%2025: $1.7B$1.7B2025+11%2026: $1.8B$1.8B2026+4%
Gross profit78910114$593.1M in 2026+38% since 2019
0$200.0M$400.0M$600.0M2019: $430.6M$430.6M20192020: $420.6M$420.6M2020−2%2021: $419.9M$419.9M2021−0%2022: $424.4M$424.4M2022+1%2023: $430.5M$430.5M2023+1%2024: $530.5M$530.5M2024+23%2025: $587.2M$587.2M2025+11%2026: $593.1M$593.1M2026+1%
Operating income78910114$219.0M in 2026+103% since 2019
0$100.0M$200.0M$300.0M2019: $107.8M$107.8M20192020: $104.9M$104.9M2020−3%2021: $115.4M$115.4M2021+10%2022: $121.7M$121.7M2022+6%2023: $135.3M$135.3M2023+11%2024: $189.1M$189.1M2024+40%2025: $217.5M$217.5M2025+15%2026: $219.0M$219.0M2026+1%
Net income78910114$154.7M in 2026+139% since 2019
0$50.0M$100.0M$150.0M$200.0M2019: $64.8M$64.8M20192020: $75.3M$75.3M2020+16%2021: $74.0M$74.0M2021−2%2022: $115.3M$115.3M2022+56%2023: $91.8M$91.8M2023−20%2024: $128.2M$128.2M2024+40%2025: $149.6M$149.6M2025+17%2026: $154.7M$154.7M2026+3%

Every line of the income statement as filed: the last 3 fiscal years (annual) or 8 quarters (quarterly), latest first.4

Period ending2026-06-302025-06-302024-06-30
Total net revenues$1.8B$1.7B$1.5B
Total cost of goods sold$1.2B$1.1B$1.0B
Gross profit$593.1M$587.2M$530.5M
Selling, general and administrative$278.4M$290.9M$269.7M
Research and development$79.1M$73.4M$65.3M
Impairment, restructuring and other charges$16.6M$5.3M$6.4M
Total operating expenses$374.1M$369.7M$341.4M
Income from operations$219.0M$217.5M$189.1M
Interest and other expense, net-$26.2M-$31.4M-$27.8M
Income before income taxes$192.7M$186.1M$161.2M
Provision for income taxes-$38.0M-$36.5M-$33.1M
Net income$154.7M$149.6M$128.2M
Basic (in dollars per share)$9.33$8.93$7.55
Diluted (in dollars per share)$8.95$8.71$7.38
Basic (in shares)16.6M shares16.8M shares17.0M shares
Diluted (in shares)17.3M shares17.2M shares17.4M shares

Compare OSI Systems with another company

The story

1987 OSI Systems, Inc. was founded (prior to May 1997 operated under the name “Opto Sensors, Inc.”)

1990 Acquired UDT Sensors, Inc.

1993 Acquired Rapiscan Security Products Limited

1993 Acquired Ferson Optics, Inc.

1994 Formed ECIL-Rapiscan Security Products Limited (partnership with Electronics Corporation Of India Limited)

1994 Formed Opto Sensors (Malaysia) Sdn. Bhd.

1997 Acquired Advanced Micro Electronics AS

1998 Acquired Osteometer MediTech A/S

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1998 Purchased the security products business of Metorex International Oy

1998 Purchased a minority equity stake in Square One, Inc., (In 2000, acquired substantially all of Square One, Inc.’s assets)

1999 Acquired Aristo Medical Products, Inc.

1999 Formed OSI Medical, Inc.

2000 Formed RapiTec, Inc.

2001 Formed Dolphin Medical (merged OSI Medical, Inc. into Dolphin in March 2002)

2002 Acquired substantially all the assets of Thermo Centro Vision, Inc.,

2002 Purchased a minority equity interest in CXR Limited, (In December 2004 CXR Limited became a wholly owned subsidiary)

2002 Acquired all the outstanding capital stock of Ancore Corporation

2003 Acquired the military, laser-based training business of Schwartz Electro-Optics, Inc. (In November 2003, acquired substantially all remaining assets of Schwartz Electro-Optics, Inc.)

2003 Acquired substantially all of the assets of J&D Engineering (UK) Limited.

2004 Acquired Spacelabs Medical.

2005 Acquired Blease Medical Holdings Limited.

2006: OSI acquires Del Mar Reynolds, the British diagnostic cardiology company and adds it to the healthcare organization.

2011 Established new office in Hitech City in Hyderabad.

2016 The company offered $269 million to acquire American Science and Engineering, a US manufacturer of X-ray equipment.

2022 Establishes New State of the Art Factory of 50K sq. ft. near RG International Airport (RGIA), Hyderabad India specializing in manufacturing of medical devices

From Wikipedia’s article on OSI Systems, shared under CC BY-SA 4.0.6

Leadership

Who has led OSI Systems, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (26)

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Former names

  • OSI SYSTEMS INCOct 3, 1997 to Aug 26, 20265

Timeline

  1. Jan 2, 2025New chief executive Ajay Mehra becomes CEO15
  2. Oct 2, 1997Went public Listed on NASDAQ1
  3. 1987Founded Founded1

Filings

489 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 40 major events, 321 insider forms, 27 large holders, 81 other. The latest 20:

  1. Aug 26, 20264 EDGAR
  2. Aug 26, 20264 EDGAR
  3. Aug 26, 20264 EDGAR
  4. Aug 26, 20264 EDGAR
  5. Aug 25, 20264 EDGAR
  6. Aug 25, 20264 EDGAR
  7. Aug 25, 20264 EDGAR
  8. Aug 25, 20264 EDGAR
  9. Aug 25, 20264 EDGAR
  10. Aug 21, 20264 EDGAR
  11. Aug 21, 20264 EDGAR
  12. Aug 21, 202610-K EDGAR
  13. Aug 21, 20264 EDGAR
  14. Aug 21, 20264 EDGAR
  15. Aug 20, 20268-K EDGAR
  16. Aug 17, 20264 EDGAR
  17. Aug 17, 20264 EDGAR
  18. Aug 17, 20264 EDGAR
  19. Aug 13, 2026SCHEDULE 13G EDGAR
  20. Aug 6, 2026SCHEDULE 13G/A EDGAR

The 489 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 27 such filings since October 2021, the latest 10:

  1. Aug 13, 2026SCHEDULE 13G
  2. Aug 6, 2026SCHEDULE 13G/A
  3. Jul 31, 2026SCHEDULE 13G
  4. May 15, 2026SCHEDULE 13G/A
  5. May 6, 2026SCHEDULE 13G/A
  6. Apr 29, 2026SCHEDULE 13G
  7. Mar 27, 2026SCHEDULE 13G/A
  8. Feb 11, 2026SCHEDULE 13G/A
  9. Jan 8, 2026SCHEDULE 13G/A
  10. Nov 14, 2025SCHEDULE 13G/A

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.2,552,027$558.1M0.0%+22,404
Fmr LLC1,738,166$380.1M0.0%−228,922
Vanguard Portfolio Management LLC1,272,016$278.2M0.0%+22,268
Jupiter Topco LLC905,925$198.1M0.1%New
Vanguard Capital Management LLC703,070$153.8M0.0%+3,817
State Street Corp674,053$147.4M0.0%+11,912
Capital International Investors596,331$130.4M0.0%−23,148
Geode Capital Management, LLC463,787$101.4M0.0%+23,064
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC452,547$99.0M0.0%+21,986
Channing Capital Management, LLC432,851$94.7M2.2%+165,967
Hood River Capital Management LLC414,304$90.6M0.7%+42,230
Dimensional Fund Advisors LP414,034$90.5M0.0%+18,606
William Blair Investment Management, LLC379,351$83.0M0.2%+207,684
Neuberger Berman Group LLC324,715$70.9M0.0%+20,792
Millennium Management LLC298,480$65.3M0.0%+254,870
Invesco Ltd.263,207$57.6M0.0%−110,067
Primecap Management Co/ca/258,180$56.5M0.0%+13,520
American Century Companies Inc223,142$48.8M0.0%+172,148
Neumeier Poma Investment Counsel LLC222,515$48.7M3.3%+31,085
Clark Capital Management Group, Inc.218,913$47.9M0.3%−51,507
Systematic Financial Management LP216,098$47.3M0.9%−3,143
UBS Group AG210,866$46.1M0.0%+74,905
Van Eck Associates Corp199,636$43.7M0.0%+11,456
Morgan Stanley197,990$43.3M0.0%−12,387
Charles Schwab Investment Management Inc193,801$42.4M0.0%−7,185

13F reports cover disclosed long positions in U.S. stocks only.

Sources

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