OSI Systems Reports Q2 2025 Financials

TL;DR

OSI Systems 10-Q filed: Q2 2025 financials out, check retained earnings & other comprehensive income for Dec 31, 2024.

AI Summary

OSI Systems, Inc. filed its 10-Q for the period ending December 31, 2024. The company's fiscal year ends on June 30th. Key financial data points such as retained earnings and accumulated other comprehensive income are reported for various dates including December 31, 2024, September 30, 2024, June 30, 2024, December 31, 2023, and September 30, 2023.

Why It Matters

This filing provides investors with a quarterly update on OSI Systems' financial health and performance, crucial for investment decisions.

Risk Assessment

Risk Level: medium — The filing is a standard quarterly report, but the specific financial details and any disclosed risks within the full report could impact the company's risk profile.

Key Numbers

• 2024-12-31 — Reporting Date (Latest financial data reported)
• 2023-12-31 — Prior Year Date (Comparison point for financial trends)

Key Players & Entities

• OSI SYSTEMS INC (company) — Filer
• 2024-12-31 (date) — Period of Report
• 2025-01-24 (date) — Filed as of Date
• 3109780516 (phone_number) — Business Phone

FAQ

Key Financial Figures

• $0.001 — ange on which registered Common Stock, $0.001 par value OSIS The Nasdaq Global Se

Filing Documents

• osis-20241231x10q.htm (10-Q) — 2017KB
• osis-20241231xex31d1.htm (EX-31.1) — 13KB
• osis-20241231xex31d2.htm (EX-31.2) — 13KB
• osis-20241231xex32d1.htm (EX-32.1) — 8KB
• osis-20241231xex32d2.htm (EX-32.2) — 8KB
• osis-20241231x10q004.jpg (GRAPHIC) — 9KB
• 0001410578-25-000048.txt ( ) — 10090KB
• osis-20241231.xsd (EX-101.SCH) — 52KB
• osis-20241231_cal.xml (EX-101.CAL) — 68KB
• osis-20241231_def.xml (EX-101.DEF) — 274KB
• osis-20241231_lab.xml (EX-101.LAB) — 592KB
• osis-20241231_pre.xml (EX-101.PRE) — 408KB
• osis-20241231x10q_htm.xml (XML) — 2208KB

— FINANCIAL INFORMATION

PART I — FINANCIAL INFORMATION 3 Item 1 —

Financial Statements (Unaudited)

Financial Statements (Unaudited) 3 Condensed Consolidated Balance Sheets at June 30, 2024 and D ecember 31, 2024 3 Condensed Consolidated Statements of Operations for the three and six months ended December 31, 2023 and 2024 4 Condensed Consolidated Statements of Comprehensive Income for the t hree and six months ended December 31, 2023 and 2024 5 Condensed Consolidated Statements of Stockholders' Equity for the t hree and six months ended December 31, 2023 and 2024 6 Condensed Consolidated Statements of Cash Flows for the six months ended December 31, 2023 and 2024 8 Notes to Condensed Consolidated Financial Statements 9 Item 2 —

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 25 Item 3 —

Quantitative and Qualitative Disclosures about Market Risk

Quantitative and Qualitative Disclosures about Market Risk 31 Item 4 —

Controls and Procedures

Controls and Procedures 31

— OTHER INFORMATION

PART II — OTHER INFORMATION 32 Item 1 —

Legal Proceedings

Legal Proceedings 32 Item 1A —

Risk Factors

Risk Factors 32 Item 2 — Unregistered Sales of Equity Securities and Use of Proceeds 32 Item 3 — Defaults Upon Senior Securities 32 Item 4 — Mine Safety Disclosures 32 Item 5 — Other Information 32 Item 6 — Exhibits 33

Signatures

Signatures 34 2 Table of Contents

—FINANCIAL INFORMATION

PART I—FINANCIAL INFORMATION

FINANCIAL STATEMENTS

ITEM 1. FINANCIAL STATEMENTS OSI SYSTEMS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (amounts in thousands, except share amounts and par value) June 30, December 31, 2024 2024 ASSETS CURRENT ASSETS: Cash and cash equivalents $ 95,353 $ 101,633 Accounts receivable, net 648,155 703,933 Inventories 397,939 441,795 Prepaid expenses and other current assets 74,077 77,208 Total current assets 1,215,524 1,324,569 Property and equipment, net 113,967 124,023 Goodwill 351,480 382,166 Intangible assets, net 139,529 181,954 Other assets 115,508 118,202 Total assets $ 1,936,008 $ 2,130,914 LIABILITIES AND STOCKHOLDERS' EQUITY CURRENT LIABILITIES: Bank lines of credit $ 384,000 $ 236,000 Current portion of long-term debt 8,167 8,200 Accounts payable 191,149 183,768 Accrued payroll and related expenses 46,732 39,433 Advances from customers 53,431 76,494 Other accrued expenses and current liabilities 131,158 159,823 Total current liabilities 814,637 703,718 Long-term debt, net 129,383 466,560 Other long-term liabilities 128,505 134,806 Total liabilities 1,072,525 1,305,084 Commitments and contingencies (Note 10) STOCKHOLDERS' EQUITY: Preferred stock, $ 0.001 par value— 10,000,000 shares authorized; no shares issued or outstanding — — Common stock, $ 0.001 par value— 100,000,000 shares authorized; issued and outstanding, 17,055,497 shares at June 30, 2024 and 16,745,805 shares at December 31, 2024 24,289 8,933 Retained earnings 861,230 848,372 Accumulated other comprehensive loss ( 22,036 ) ( 31,475 ) Total stockholders' equity 863,483 825,830 Total liabilities and stockholders' equity $ 1,936,008 $ 2,130,914 See accompanying notes to condensed consolidated financial statements. 3 Table of Contents OSI SYSTEMS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

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View this 10-Q filing on SEC EDGAR