OSIS

EX-99.1

2 tm2626560d2_ex99-1.htm

EXHIBIT 99.1

Exhibit 99.1

OSI SYSTEMS REPORTS FISCAL 2027 FIRST QUARTER

FINANCIAL RESULTS

·Record Q1 Revenues of $403 Million

·Record Q1 Earnings per Diluted Share

oGAAP EPS of $1.51 (28% year-over-year growth)

oNon-GAAP EPS of $1.66 (17% year-over-year growth)

·Book-to-Bill Ratio of 1.4 Drives Record Backlog of $2.1 Billion

·Q1 Operating Cash Flow of $37 Million (>100% year-over-year growth)

·Company Reaffirms Fiscal 2027 Revenue Guidance and Raises Fiscal 2027 Non-GAAP EPS Guidance

HAWTHORNE, Calif. — (BUSINESS WIRE) — October 29, 2026—OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced its financial results for the first quarter of fiscal 2027.

Ajay Mehra, OSI Systems’ President and Chief Executive Officer, stated, “We are pleased to begin fiscal 2027 with record first quarter revenues and earnings per share, led by the performance of our Security and Optoelectronics and Manufacturing divisions. Bookings of $583 million represented a book-to-bill ratio of 1.4 in the quarter, and backlog increased to a record of $2.1 billion from $1.9 billion as of June 30, 2026, providing meaningful visibility into future opportunities. We remain committed to disciplined execution and innovation, and converting our expanding opportunity pipeline into long-term growth.”

Financial Summary

Three Months Ended September 30,

(Dollars in thousands, except per-share amounts) 2025 2026 % Change

Revenues $384,623 $403,472 5%

Diluted earnings per share - GAAP

$1.18 $1.51 28%

Diluted earnings per share - non-GAAP

$1.42 $1.66 17%

Book-to-Bill Ratio

1.1 1.4

Cash flow provided by operating activities $17,137 $37,088

Capital expenditures $7,028 $7,655

Mr. Mehra further commented, “The Security division delivered a solid quarter despite continued geopolitical headwinds. Strong bookings led to record divisional backlog and reflected robust customer demand for our security inspection and surveillance products, integrated solutions, and services. The operating margin was impacted by a less favorable mix of revenues; however, we expect this to improve over the remainder of the fiscal year as our revenue mix stabilizes and service revenues increase. We are enthusiastic about the outlook for this division over the balance of fiscal 2027 and beyond.”

Mr. Mehra continued, “Our Optoelectronics and Manufacturing division delivered strong fiscal first-quarter results with revenues increasing 9% year-over-year including intersegment sales and 16% year-over-year from sales to external customers, while also achieving adjusted operating margin expansion. The division continued to benefit from its vertically integrated capabilities, broad customer relationships, and diversified manufacturing footprint leading to a strong book-to-bill ratio resulting in record backlog for this division. We remain focused on supporting growth while maintaining disciplined operational execution.”

Mr. Mehra concluded, “The performance of the Healthcare division was soft in the quarter, but we are focused on improving performance and anticipate a return to growth this fiscal year.”

Alan Edrick, OSI Systems’ Executive Vice President and Chief Financial Officer, stated, “Operating cash flow more than doubled in the first fiscal quarter over the prior year Q1 to $37 million, and we finished the quarter with approximately $302 million of cash, cash equivalents and short-term investments. In August 2026, our board of directors authorized an additional 1 million shares to the existing share repurchase program. The Company repurchased 305,559 shares during the first quarter of fiscal 2027 resulting in total capital returned to shareholders through repurchases of approximately $62 million. As of September 30, 2026, there are 773,172 shares remaining under our repurchase authorization.”

Fiscal Year 2027 Outlook

Previous Guidance Updated Guidance

Revenues $1.875 billion - $1.930 billion $1.875 billion - $1.930 billion

Year-over-Year Growth Rate

5.0% - 8.1% 5.0% - 8.1%

Non-GAAP Earnings Per Share

$11.13 - $11.49 $11.28 - $11.64

Year-over-Year Growth Rate

7.5% - 11.0% 9.0% - 12.5%

The Company is reaffirming its fiscal 2027 revenue guidance and increasing its fiscal 2027 non-GAAP diluted earnings per share guidance, as set forth above. Actual revenues and non-GAAP diluted earnings per share could vary from this guidance due to factors discussed under “Forward-Looking Statements” or other factors.

The Company’s fiscal 2027 diluted earnings per share guidance is provided on a non-GAAP basis only. The Company does not provide a reconciliation of guidance for non-GAAP diluted EPS to GAAP diluted EPS (the most directly comparable GAAP measure) on a forward-looking basis because the Company is unable to provide a meaningful or accurate compilation of reconciling items and certain information is not available. This is due to the inherent difficulty and complexity in accurately forecasting the timing

EX-99.1

2 tm2623681d1_ex99-1.htm

EXHIBIT 99.1

Exhibit 99.1

OSI SYSTEMS REPORTS

FISCAL 2026 FOURTH QUARTER

AND FISCAL YEAR

FINANCIAL RESULTS

·Record Fiscal Year 2026 Revenues of $1.79 billion

·Q4 Earnings per Diluted Share

oGAAP EPS of $3.27

oRecord Non-GAAP EPS of $3.78 (17% growth year-over-year)

·Fiscal Year 2026 Earnings per Diluted Share

oGAAP EPS of $8.95

oRecord Non-GAAP EPS of $10.35 (11% growth year-over-year)

·Record Q4 Operating Cash Flow of $182 million

·Record Fiscal Year 2026 Operating Cash Flow of $276 million

·Record Backlog of $1.9 billion

·Company Introduces Fiscal 2027 Revenues and Non-GAAP EPS Guidance

HAWTHORNE, Calif. — (BUSINESS WIRE) — August 20, 2026 — OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced its financial results for the three months and fiscal year ended June 30, 2026.

Ajay Mehra, OSI Systems’ President and Chief Executive Officer, stated, “Fiscal 2026 was a strong year for the Company, capped by record fourth quarter non-GAAP earnings per share and record operating cash flow, despite the impact of revenue headwinds from the Middle East conflicts which shifted the timing of certain planned deliveries. Our teams performed well across our three divisions, delivering solid bookings which led to substantial backlog. As we enter fiscal 2027, our opportunity pipeline, disciplined operating execution and continued focus on cash generation position us well to advance key strategic initiatives and drive long-term value.”

Financial Summary

Three Months Ended June 30, Fiscal Year Ended June 30,

(Dollars in thousands, except per-share amounts) 2025 2026 % Change 2025 2026 % Change

Revenues $504,985 $484,058 -4% $1,713,166 $1,785,984 4%

Diluted earnings per share - GAAP

$3.03 $3.27 8% $8.71 $8.95 3%

Diluted earnings per share - non-GAAP

$3.24 $3.78 17% $9.36 $10.35 11%

Cash flow provided by operating activities $561 $182,110

$97,592 $275,904

Capital expenditures $6,119 $9,298

$23,832 $30,570

The Company’s backlog was approximately $1.9 billion as of June 30, 2026 compared to $1.8 billion a year ago.

Mr. Mehra added, "The Security division continued to execute well during the fourth quarter, delivering strong profitability, outstanding cash generation and healthy bookings. While revenues were impacted by disruptions from the Middle East conflicts, underlying demand for our products and services remain encouraging. These delays do not reflect order cancellations and remain in our backlog with updated delivery schedules. The Security division ended the year with a substantial backlog, a significant opportunity pipeline and recent program wins that position the business well for the future.”

Mr. Mehra continued, “The Optoelectronics and Manufacturing division delivered strong results for the quarter with revenues up about 5% year-over-year on broad-based demand across several key end markets. Our ability to support customers with highly engineered products, precision manufacturing capabilities and global operational reach continues to differentiate us in the marketplace. We are excited by the opportunities we see across our aerospace, defense, healthcare, technology and industrial Optoelectronics customer base.”

Mr. Mehra further added, “The Healthcare division delivered an improved fourth quarter, with revenues up approximately 5% and an adjusted operating margin of 10% compared with 1% in the prior-year quarter, demonstrating the impact of operational improvements implemented throughout the year. We are focused on expanding our installed base, supporting healthcare providers with innovative clinical solutions and advancing product development initiatives designed to enhance patient care.”

The Company repurchased 564,880 shares during the fiscal 2026 fourth quarter for an aggregate cash amount of $123.6 million. The Company ended fiscal 2026 with $359.8 million of cash and cash equivalents, up from $106.4 million a year earlier. During fiscal 2026, the Company refinanced and expanded its long-term debt, extended maturities, enhanced financial flexibility to fund growth initiatives, and reduced bank lines of credit to zero while continuing to return capital to shareholders through stock repurchases.

Fiscal Year 2027 Outlook

Guidance

Revenues $1.875 billion - $1.930 billion

YoY Growth Rate 5.0% - 8.1%

Non-GAAP Diluted Earnings Per Share

$11.13 - $11.49

YoY Growth Rate 7.5% - 11.0%

The Company is introducing its fiscal 2027 guidance for revenues and non-GAAP diluted earnings per share, as indicated above. Actual revenues and non-GAAP diluted earnings per share could vary from this guidance due to factors discussed under “Forward-Looking Statements” or other factors.

The Company’s fiscal 2027 diluted earnings per share guidance is provided on a non-GAAP basis only. The Company does not provide a reconciliation of guidance for non-GAAP diluted EPS to GAAP diluted EPS (the most directly comparable GAAP financial measure) on

EX-99.1

2 tm2613470d1_ex99-1.htm

EXHIBIT 99.1

Exhibit 99.1

OSI SYSTEMS REPORTS FISCAL 2026 THIRD QUARTER

FINANCIAL RESULTS

· Record Q3 Revenues of $453 Million

· Q3 Earnings per Diluted Share

oGAAP EPS of $2.33

oRecord Non-GAAP EPS of $2.60

· Record Q3 Backlog of $1.9 Billion

· Q3 Book-to-Bill Ratio of 1.3x

· Company Reiterates its Fiscal 2026 Guidance

HAWTHORNE, Calif. — (BUSINESS WIRE) — May 4, 2026—OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced its financial results for the third quarter of fiscal 2026.

Ajay Mehra, OSI Systems’ President and Chief Executive Officer, stated, “Our third quarter results demonstrate the strength and durability of our diversified portfolio highlighted by record Q3 non-GAAP earnings per share and strong bookings, reflecting sound execution in our Security and Optoelectronics and Manufacturing divisions. Our substantial backlog and a robust pipeline position us well as we capitalize on market opportunities and advance key strategic initiatives.”

Financial Summary

Three Months Ended March 31, Nine Months Ended March 31,

(Dollars in thousands, except per-share amounts) 2025 2026 % Growth 2025 2026 % Growth

Revenues $444,354 $453,246 2% $1,208,181 1,301,926 8%

Diluted earnings per share - GAAP

$2.40 $2.33 -3% $5.67 $5.71 1%

Diluted earnings per share - non-GAAP

$2.44 $2.60 7% $6.11 $6.60 8%

Cash flow provided by operating activities $81,642 $14,457

$97,030 $93,794

Capital expenditures $4,518 $7,559

$17,713 $21,272

The Company’s backlog was approximately $1.9 billion as of March 31, 2026, compared to approximately $1.8 billion as of December 31, 2025 reflecting continued strong bookings momentum across the Security and Optoelectronics and Manufacturing divisions.

Mr. Mehra added, “The Security division delivered another solid quarter supported by disciplined execution, strong bookings and operating margin expansion despite a challenging year-over-year comparison due to significant Mexico revenues in the third quarter of fiscal year 2025. Excluding these Mexico contracts, the Security division’s revenues increased by 25% year-over-year across the broader portfolio. In addition, we are pleased with recent notable awards and look forward to capturing other significant global opportunities.”

Mr. Mehra continued, “The Optoelectronics and Manufacturing division also produced solid third quarter results, with 10% revenue growth and a strong book-to-bill ratio. These results continue to reinforce the advantages of our vertically integrated global operating model, which provides efficiency and flexibility to serve our diverse OEM customer base across aerospace, defense, healthcare and consumer technologies.”

Fiscal Year 2026 Outlook

The Company is reiterating its fiscal 2026 revenue guidance range of $1.825 billion to $1.867 billion and its non-GAAP diluted earnings per share guidance range of $10.30 to $10.55. Actual revenues and non-GAAP diluted earnings per share could vary from this guidance due to factors discussed under “Forward-Looking Statements” or other factors, including the impact on near-term bookings and revenues of the recent shutdown of the Department of Homeland Security and current conflicts in the Middle East.

The Company’s fiscal 2026 diluted earnings per share guidance is provided on a non-GAAP basis only. The Company does not provide a reconciliation of guidance for non-GAAP diluted EPS to GAAP diluted EPS (the most directly comparable GAAP measure) on a forward-looking basis because the Company is unable to provide a meaningful or accurate compilation of reconciling items and certain information is not available. This is due to the inherent difficulty and complexity in accurately forecasting the timing and amounts of various items included in the calculation of GAAP diluted EPS but excluded in the calculation of non-GAAP diluted EPS, such as acquisition costs and other non-recurring items that have not yet occurred, are out of the Company’s control or cannot otherwise reasonably be predicted. For the same reasons, the Company is unable to address the significance of unavailable information which may be material and therefore could result in GAAP diluted EPS being materially different from projected non-GAAP diluted EPS.

Conference Call Information

The Company will host a conference call and simultaneous webcast beginning at 1:30 pm PT (4:30 pm ET) today to discuss its financial results for the 2026 third fiscal quarter. To listen, please visit the Investor Relations section of the OSI Systems website at http://investors.osi-systems.com/index.cfm and follow the link that will be posted on the front page. A replay of the webcast will be available beginning shortly after the conclusion of the conference call for approximately three months thereafter. The replay can be accessed through the Company’s website at www.osi-systems.com.

About OSI Systems

OSI Systems designs and manufactures specialized electroni