OSI Systems closed fiscal year 2026 with record annual revenues of $1.79 billion and a record $1.9 billion order backlog, up from $1.8 billion a year earlier. Full-year non-GAAP adjusted earnings per share rose 11% year-over-year to a record $10.35, while fourth-quarter non-GAAP diluted earnings per share reached a record $3.78, up 17%. On September 17, the company's Optoelectronics and Manufacturing division secured approximately $8 million in new orders from a global industrial technology customer, a modest slice of the $1.79 billion in annual sales. Fourth-quarter revenue fell 4% year-over-year to $484 million, which management attributed to Middle East conflicts that delayed planned customer deliveries, though those orders remain in the backlog. Full-year GAAP diluted earnings per share grew just 3% to $8.95, and the company retired its bank credit lines while executing $123.6 million in quarterly share buybacks, ending with $359.8 million in cash.
OSI Systems IncRecord $1.79B revenue, 11% EPS growth, $1.9B backlog, and $123.6M buybacks are strong financial results.
