← OSI Systems overview

OSI Systems vs Zebra: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

OSI Systems Inc (OSIS)

Q3 2026
▲2▼1

OSIS Q4 Revenue Misses on Middle East Delays, but Record Backlog and New Contracts Support Outlook

  • Q4 revenue miss and soft FY27 guidance OSI Systems reported Q4 revenue of $484.1 million, down 4.1% and missing estimates by 8.4%, as about $50 million of Security deliveries slipped past fiscal year-end due to Middle East conflict delays. FY27 revenue guidance of $1.875–$1.93 billion came in below the $1.94 billion consensus, sending shares down sharply.

    This is the main new negative event that directly explains the stock's recent drop and answers what is driving OSIS now.

  • Record backlog and new U.S. Customs contracts Despite the revenue miss, backlog hit a record $1.90 billion, up 5.6% year over year. After fiscal year-end, U.S. Customs and Border Protection awarded two five-year contracts worth up to $200 million and $85 million for vehicle and mobile X-ray inspection systems, supporting future growth.

    This is new information that provides a positive counterweight to the revenue miss and supports the long-term demand story.

  • Earnings beat on margin gains and strong cash flow Q4 adjusted EPS of $3.78 beat estimates and rose 16.7% year over year, helped by margin gains. The company also reported record Q4 operating cash flow of $182 million and record full-year cash flow of $276 million, showing the business remains profitable and cash-generative.

    This new positive detail explains why the stock did not fall further and highlights underlying financial health.

  • Healthcare and optoelectronics offset Security weakness Security division revenue fell 7.4% to $339.7 million, missing estimates, but healthcare revenue rose 4.8% to $44.8 million and optoelectronics revenue rose 4.6% to $117.8 million, both beating expectations. This diversification softens the blow from the Security shortfall.

    This new segment detail shows the revenue miss was concentrated in one division, giving a fair picture of the drivers.

July 2026
▲2▼1

OSIS Q4 Revenue Misses on Middle East Delays, but Record Backlog and New Contracts Support Outlook

  • Q4 revenue miss and soft FY27 guidance OSI Systems reported Q4 revenue of $484.1 million, down 4.1% and missing estimates by 8.4%, as about $50 million of Security deliveries slipped past fiscal year-end due to Middle East conflict delays. FY27 revenue guidance of $1.875–$1.93 billion came in below the $1.94 billion consensus, sending shares down sharply.

    This is the main new negative event that directly explains the stock's recent drop and answers what is driving OSIS now.

  • Record backlog and new U.S. Customs contracts Despite the revenue miss, backlog hit a record $1.90 billion, up 5.6% year over year. After fiscal year-end, U.S. Customs and Border Protection awarded two five-year contracts worth up to $200 million and $85 million for vehicle and mobile X-ray inspection systems, supporting future growth.

    This is new information that provides a positive counterweight to the revenue miss and supports the long-term demand story.

  • Earnings beat on margin gains and strong cash flow Q4 adjusted EPS of $3.78 beat estimates and rose 16.7% year over year, helped by margin gains. The company also reported record Q4 operating cash flow of $182 million and record full-year cash flow of $276 million, showing the business remains profitable and cash-generative.

    This new positive detail explains why the stock did not fall further and highlights underlying financial health.

  • Healthcare and optoelectronics offset Security weakness Security division revenue fell 7.4% to $339.7 million, missing estimates, but healthcare revenue rose 4.8% to $44.8 million and optoelectronics revenue rose 4.6% to $117.8 million, both beating expectations. This diversification softens the blow from the Security shortfall.

    This new segment detail shows the revenue miss was concentrated in one division, giving a fair picture of the drivers.

Latest
▲2▼1

OSIS Q4 Revenue Misses on Middle East Delays, but Record Backlog and New Contracts Support Outlook

  • Q4 revenue miss and soft FY27 guidance OSI Systems reported Q4 revenue of $484.1 million, down 4.1% and missing estimates by 8.4%, as about $50 million of Security deliveries slipped past fiscal year-end due to Middle East conflict delays. FY27 revenue guidance of $1.875–$1.93 billion came in below the $1.94 billion consensus, sending shares down sharply.

    This is the main new negative event that directly explains the stock's recent drop and answers what is driving OSIS now.

  • Record backlog and new U.S. Customs contracts Despite the revenue miss, backlog hit a record $1.90 billion, up 5.6% year over year. After fiscal year-end, U.S. Customs and Border Protection awarded two five-year contracts worth up to $200 million and $85 million for vehicle and mobile X-ray inspection systems, supporting future growth.

    This is new information that provides a positive counterweight to the revenue miss and supports the long-term demand story.

  • Earnings beat on margin gains and strong cash flow Q4 adjusted EPS of $3.78 beat estimates and rose 16.7% year over year, helped by margin gains. The company also reported record Q4 operating cash flow of $182 million and record full-year cash flow of $276 million, showing the business remains profitable and cash-generative.

    This new positive detail explains why the stock did not fall further and highlights underlying financial health.

  • Healthcare and optoelectronics offset Security weakness Security division revenue fell 7.4% to $339.7 million, missing estimates, but healthcare revenue rose 4.8% to $44.8 million and optoelectronics revenue rose 4.6% to $117.8 million, both beating expectations. This diversification softens the blow from the Security shortfall.

    This new segment detail shows the revenue miss was concentrated in one division, giving a fair picture of the drivers.

Zebra Technologies Corporation (ZBRA)

Q3 2026
▲3

Zebra's record Q2 earnings and raised guidance drive a 20%+ stock surge

  • Record Q2 earnings and raised full-year outlook Zebra reported Q2 adjusted EPS of $6.35, far above the $4.36 consensus, on revenue of $1.56 billion (up 20.4%). Management raised full-year EPS guidance to about $21 and free cash flow above $1 billion. The stock jumped over 20% as investors saw a much stronger business than expected.

    This is the single biggest new event that directly caused the stock's sharp move up.

  • Broad-based demand and better memory chip supply CEO Bill Burns said demand is strong across all regions and the company secured more memory chips than expected, helping drive the earnings beat. This shows Zebra's core business is healthy and growing, which supports a higher stock price.

    It explains the underlying business strength behind the earnings beat, not just the headline number.

  • AI in warehousing market growth and Zebra's new AI tools The AI-in-warehousing market is projected to grow from $12.5 billion in 2025 to $127.7 billion by 2035. Zebra launched generative AI capabilities for frontline workers, positioning itself in a fast-growing area. This long-term trend could boost future sales and investor enthusiasm.

    It highlights a new growth opportunity that supports the bullish case for ZBRA beyond the current quarter.

  • Geopolitical risk and oil spike earlier in the period Early in the period, Zebra shares fell 2.6% as Iran ceasefire collapse and an oil price spike triggered a broad risk-off move, raising inflation fears and bond yields. This shows the stock is still sensitive to geopolitical shocks, though the later earnings surge more than offset this drop.

    It provides a fair counterweight: not all news was positive, and external risks can pressure the stock.

July 2026
▲3

Zebra's record Q2 earnings and raised guidance drive a 20%+ stock surge

  • Record Q2 earnings and raised full-year outlook Zebra reported Q2 adjusted EPS of $6.35, far above the $4.36 consensus, on revenue of $1.56 billion (up 20.4%). Management raised full-year EPS guidance to about $21 and free cash flow above $1 billion. The stock jumped over 20% as investors saw a much stronger business than expected.

    This is the single biggest new event that directly caused the stock's sharp move up.

  • Broad-based demand and better memory chip supply CEO Bill Burns said demand is strong across all regions and the company secured more memory chips than expected, helping drive the earnings beat. This shows Zebra's core business is healthy and growing, which supports a higher stock price.

    It explains the underlying business strength behind the earnings beat, not just the headline number.

  • AI in warehousing market growth and Zebra's new AI tools The AI-in-warehousing market is projected to grow from $12.5 billion in 2025 to $127.7 billion by 2035. Zebra launched generative AI capabilities for frontline workers, positioning itself in a fast-growing area. This long-term trend could boost future sales and investor enthusiasm.

    It highlights a new growth opportunity that supports the bullish case for ZBRA beyond the current quarter.

  • Geopolitical risk and oil spike earlier in the period Early in the period, Zebra shares fell 2.6% as Iran ceasefire collapse and an oil price spike triggered a broad risk-off move, raising inflation fears and bond yields. This shows the stock is still sensitive to geopolitical shocks, though the later earnings surge more than offset this drop.

    It provides a fair counterweight: not all news was positive, and external risks can pressure the stock.

Latest
▲3

Zebra's record Q2 earnings and raised guidance drive a 20%+ stock surge

  • Record Q2 earnings and raised full-year outlook Zebra reported Q2 adjusted EPS of $6.35, far above the $4.36 consensus, on revenue of $1.56 billion (up 20.4%). Management raised full-year EPS guidance to about $21 and free cash flow above $1 billion. The stock jumped over 20% as investors saw a much stronger business than expected.

    This is the single biggest new event that directly caused the stock's sharp move up.

  • Broad-based demand and better memory chip supply CEO Bill Burns said demand is strong across all regions and the company secured more memory chips than expected, helping drive the earnings beat. This shows Zebra's core business is healthy and growing, which supports a higher stock price.

    It explains the underlying business strength behind the earnings beat, not just the headline number.

  • AI in warehousing market growth and Zebra's new AI tools The AI-in-warehousing market is projected to grow from $12.5 billion in 2025 to $127.7 billion by 2035. Zebra launched generative AI capabilities for frontline workers, positioning itself in a fast-growing area. This long-term trend could boost future sales and investor enthusiasm.

    It highlights a new growth opportunity that supports the bullish case for ZBRA beyond the current quarter.

  • Geopolitical risk and oil spike earlier in the period Early in the period, Zebra shares fell 2.6% as Iran ceasefire collapse and an oil price spike triggered a broad risk-off move, raising inflation fears and bond yields. This shows the stock is still sensitive to geopolitical shocks, though the later earnings surge more than offset this drop.

    It provides a fair counterweight: not all news was positive, and external risks can pressure the stock.

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