OSS · One Stop Systems, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.07M | - | $18.76M | $14.11M | $12.26M | - | $13.70M | $13.20M | $12.65M | - |
| Cost of Revenue | $3.90M | - | $12.06M | $9.70M | $8.26M | - | $15.42M | $9.87M | $8.93M | - |
| Gross Profit | $4.17M | - | $6.69M | $4.41M | $4.00M | - | ($1.72M) | $3.33M | $3.72M | - |
| R&D | $817.0K | - | $1.45M | $1.52M | $1.36M | - | $950.4K | $925.6K | $970.9K | - |
| SG&A | $2.44M | - | $2.34M | $2.39M | $2.37M | - | $2.06M | $2.41M | $2.09M | - |
| Total Operating Expenses | $4.84M | - | $6.12M | $6.24M | $5.94M | - | $5.02M | $5.59M | $4.99M | - |
| D&A | $184.2K | - | $225.8K | $217.4K | $289.5K | - | - | - | $289.5K | - |
| Operating Income | ($671.2K) | - | $570.1K | ($1.82M) | ($1.94M) | - | ($6.73M) | ($2.25M) | ($1.26M) | - |
| Interest Expense | - | - | $16.5K | $13.7K | $14.2K | - | $31.5K | $19.1K | $35.3K | - |
| Income Tax | - | - | $266.9K | $224.2K | $109.5K | - | $167.1K | $211.0K | $191.3K | - |
| Net Income | ($519.9K) | - | $263.5K | ($2.02M) | ($2.02M) | - | ($6.82M) | ($2.34M) | ($1.34M) | - |
| EPS - Basic | ($0.02) | - | $0.01 | ($0.09) | ($0.09) | - | ($0.32) | ($0.11) | ($0.06) | - |
| EPS - Diluted | ($0.02) | - | $0.01 | ($0.09) | ($0.09) | - | ($0.32) | ($0.11) | ($0.06) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $24.34M | $31.17M | $6.51M | $8.46M | $6.50M | $6.79M | $9.40M | $6.75M | $6.90M | $4.05M |
| Accounts Receivable | $5.31M | $11.55M | $12.02M | $7.11M | $7.25M | $8.18M | $9.33M | $8.43M | $7.41M | $8.32M |
| Inventory | $6.77M | $5.42M | $15.33M | $14.60M | $15.10M | $13.18M | $15.30M | $20.15M | $21.48M | $21.69M |
| Accounts Payable | $1.79M | $1.72M | $6.03M | $4.10M | $4.48M | $2.07M | $4.06M | $2.86M | $2.67M | $1.20M |
| Current Assets | $49.39M | $50.82M | $36.00M | $32.42M | $32.64M | $32.20M | $38.17M | $41.82M | $42.58M | $42.44M |
| Total Assets | $51.17M | $52.82M | $43.06M | $39.38M | $37.11M | $36.93M | $43.67M | $47.41M | $48.31M | $48.27M |
| Current Liabilities | $4.65M | $5.57M | $12.87M | $9.25M | $9.56M | $8.20M | $11.49M | $9.25M | $8.25M | $6.87M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $5.83M | $6.82M | $16.72M | $13.17M | $11.06M | $9.76M | $13.05M | $10.86M | $9.94M | $8.68M |
| Stockholders' Equity | $45.34M | $46.01M | $26.34M | $26.20M | $26.05M | $27.17M | $30.62M | $36.55M | $38.37M | $39.58M |
| Retained Earnings | ($17.49M) | ($16.97M) | ($25.83M) | ($26.09M) | ($24.07M) | ($22.05M) | ($18.92M) | ($12.10M) | ($9.76M) | ($8.42M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($1.51M) | - | - | - | ($1.14M) | - | - | - | $2.04M | - |
| Investing Cash Flow | $595.4K | - | - | - | $584.5K | - | - | - | $1.64M | - |
| Financing Cash Flow | $129.7K | - | - | - | $129.7K | - | - | - | ($800.0K) | - |
| CapEx | $15.0K | - | - | - | $12.8K | - | - | - | $167.2K | - |
| Free Cash Flow | ($1.52M) | - | - | - | ($1.15M) | - | - | - | $1.88M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 51.6% | - | 35.7% | 31.3% | 32.6% | - | -12.5% | 25.2% | 29.4% | - |
| Operating margin | -8.3% | - | 3.0% | -12.9% | -15.9% | - | -49.1% | -17.1% | -10.0% | - |
| EBITDA margin | -6.0% | - | 4.2% | -11.4% | -13.5% | - | - | - | -7.7% | - |
| Net margin | -6.4% | - | 1.4% | -14.3% | -16.5% | - | -49.7% | -17.8% | -10.6% | - |
| Free cash flow margin | -18.8% | - | - | - | -9.4% | - | - | - | 14.8% | - |
| FCF / Net income | 2.92 | - | - | - | 0.57 | - | - | - | -1.40 | - |
| R&D / Revenue | 10.1% | - | 7.7% | 10.8% | 11.1% | - | 6.9% | 7.0% | 7.7% | - |
| SG&A / Revenue | 30.3% | - | 12.5% | 16.9% | 19.3% | - | 15.0% | 18.2% | 16.6% | - |
| Effective tax rate | - | - | 50.3% | - | - | - | - | - | - | - |
| Return on assets | -1.0% | - | 0.6% | -5.1% | -5.4% | - | -15.6% | -4.9% | -2.8% | - |
| Return on equity | -1.1% | - | 1.0% | -7.7% | -7.7% | - | -22.3% | -6.4% | -3.5% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 10.63 | 9.13 | 2.80 | 3.51 | 3.42 | 3.93 | 3.32 | 4.52 | 5.16 | 6.18 |
| Quick ratio | 9.17 | 8.16 | 1.61 | 1.93 | 1.84 | 2.32 | 1.99 | 2.34 | 2.56 | 3.02 |
| Cash ratio | 5.24 | 5.60 | 0.51 | 0.91 | 0.68 | 0.83 | 0.82 | 0.73 | 0.84 | 0.59 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | 34.6x | -133.2x | -137.1x | - | -214.0x | -118.0x | -35.7x | - |
| Equity multiplier | 1.13 | 1.15 | 1.63 | 1.50 | 1.42 | 1.36 | 1.43 | 1.30 | 1.26 | 1.22 |
| Liabilities / Assets | 0.11 | 0.13 | 0.39 | 0.33 | 0.30 | 0.26 | 0.30 | 0.23 | 0.21 | 0.18 |
| Efficiency | ||||||||||
| Asset turnover | 0.16 | - | 0.44 | 0.36 | 0.33 | - | 0.31 | 0.28 | 0.26 | - |
| Inventory turnover | 0.58 | - | 0.79 | 0.66 | 0.55 | - | 1.01 | 0.49 | 0.42 | - |
| Days sales outstanding | 240d | - | 234d | 184d | 216d | - | 248d | 233d | 214d | - |
| Days inventory outstanding | 633d | - | 464d | 550d | 667d | - | 362d | 745d | 878d | - |
| Days payable outstanding | 168d | - | 183d | 154d | 198d | - | 96d | 106d | 109d | - |
| Cash conversion cycle | 706d | - | 515d | 579d | 685d | - | 515d | 873d | 983d | - |
| Valuation | ||||||||||
| P / E | - | - | 536.0x | - | - | - | - | - | - | - |
| P / B | 4.1x | - | 4.6x | 2.9x | 1.9x | - | 1.6x | 1.4x | 1.8x | - |
| P / S | 23.2x | - | 6.5x | 5.5x | 4.0x | - | 3.7x | 3.8x | 5.3x | - |
| EV / EBITDA | - | - | 145.6x | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -34.2% | - | 36.9% | 6.9% | -3.1% | - | -0.3% | -23.3% | -24.6% | - |
| Revenue CAGR (3y) | -21.7% | - | -0.1% | -8.3% | -10.4% | - | -5.0% | -4.0% | -1.7% | - |
| Revenue CAGR (5y) | -9.5% | - | 7.6% | 3.9% | -1.7% | - | -1.7% | -2.4% | 4.7% | - |
| Gross profit growth (YoY) | 4.3% | - | - | 32.4% | 7.4% | - | - | -30.5% | -26.6% | - |
| Operating income growth (YoY) | 65.5% | - | - | 19.1% | -54.1% | - | -69.1% | 33.9% | -542.7% | - |
| Net income growth (YoY) | 74.2% | - | - | 13.8% | -50.6% | - | -87.3% | 2.3% | -234.5% | - |
| EPS growth (YoY) | 77.8% | - | - | 18.2% | -50.0% | - | -77.8% | 8.3% | -200.0% | - |
| EPS CAGR (3y) | - | - | 0.0% | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | -27.5% | - | - | - | - | - | - | - |
| FCF growth (YoY) | -32.4% | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 74.0% | 69.3% | -14.0% | -28.3% | -32.1% | -31.4% | -21.8% | -15.3% | -13.6% | -10.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$62.32M totalProduct$30.50M · 48.9%
Customized Computers And Flash Arrays$30.01M · 48.2%
Service$1.72M · 2.8%
Product Warranty$93.4K · 0.1%
Peer comparison
Same SIC group: Electronic Computers
Comparing ONE STOP SYSTEMS against the 5 most active filers in the same SIC group.