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OSI SYSTEMS INC

For the period ended Jun 30, 2026. Filed Aug 21, 2026.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2026 · Filed Aug 21, 2026

OSIS$197.00-2.2%Stored close · as of Nov 10, 2026

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Contents

Supplementary Data—Unaudited Quarterly Results

SUPPLEMENTARY DATA

UNAUDITED QUARTERLY RESULTS

The following tables present unaudited quarterly financial information for the four quarters in the fiscal years ended June 30, 2025 and 2026 (in thousands, except per share data):

​​​​​​​​​​​​​
​ · ​ · Quarter Ended
​ · ​ · September 30, · ​ · December 31, · ​ · March 31, · ​ · June 30,
​ · ​ ​ ​ · 2024 · ​ ​ ​ · 2024 · ​ ​ ​ · 2025 · ​ ​ ​ · 2025
​ · ​ · (Unaudited)
Net revenues​$344,007​$419,820​​444,354​​504,985
Costs of goods sold​​222,505​​272,669​​294,063​​336,747
Gross profit​​121,502​​147,151​​150,291​​168,238
Operating expenses:​​​​​​​​​​​​
Selling, general and administrative​​72,223​​70,722​​73,249​​74,685
Research and development​​17,773​​18,257​​18,570​​18,844
Impairment, restructuring and other charges​​1,178​​215​​2,255​​1,687
Total operating expenses​​91,174​​89,194​​94,074​​95,216
Income from operations​​30,328​​57,957​​56,217​​73,022
Interest and other expense, net​​(7,359)​​(8,619)​​(8,228)​​(7,224)
Income before income taxes​​22,969​​49,338​​47,989​​65,798
Provision for income taxes​​(5,033)​​(11,519)​​(6,855)​​(13,050)
Net income​$17,936​$37,819​$41,134​$52,748
Basic earnings per common share​$1.07​$2.26​$2.45​$3.14
Diluted earnings per common share​$1.05​$2.22​$2.40​$3.03
​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​
​ · ​ · Quarter Ended
​ · ​ · September 30, · ​ · December 31, · ​ · March 31, · ​ · June 30,
​ · ​ ​ ​ · 2025 · ​ ​ ​ · 2025 · ​ ​ ​ · 2026 · ​ ​ ​ · 2026
​ · ​ · (Unaudited)
Net revenues​$384,623​$464,057​$453,246​$484,058
Costs of goods sold​261,438​​312,428​​302,922​​316,104
Gross profit​123,185​​151,629​​150,324​​167,954
Operating expenses:​​​​​​​​​​​
Selling, general and administrative​66,955​​70,201​​71,487​​69,747
Research and development​20,427​​19,759​​19,455​​19,500
Impairment, restructuring and other charges​2,730​​2,874​​6,168​​4,819
Total operating expenses​90,112​​92,834​​97,110​​94,066
Income from operations​33,073​​58,795​​53,214​​73,888
Interest and other expense, net​(7,398)​​(10,713)​​(3,995)​​(4,118)
Income before income taxes​25,675​​48,082​​49,219​​69,770
Provision for income taxes​(5,119)​​(9,383)​​(9,003)​​(14,530)
Net income​$20,556​$38,699​$40,216​$55,240
Basic earnings per common share​$1.22​$2.31​$2.44​$3.40
Diluted earnings per common share​$1.18​$2.22​$2.33​$3.27

INDEX TO EXHIBITS

​
No.​ ​EXHIBIT DESCRIPTION
​​​
3.1​Certificate of Incorporation of OSI Systems, Inc. (1)
3.2​Amended and Restated Bylaws of OSI Systems, Inc. (16)
4.1​Form of Common Stock Certificate (1)
4.2​Indenture, dated as of July 19, 2024, between OSI Systems, Inc. and U.S. Bank Trust Company, National Association, as trustee. (11)
4.3​Form of certificate representing the 2.25% Convertible Senior Notes due 2029 (included as Exhibit A to Exhibit 4.2). (11)
4.4​Indenture dated as of November 20, 2025 between OSI Systems, Inc. And U.S. Bank Trust Company, National Association, as trustee (20)
4.5​Form of certificate representing the 0.50% Convertible Senior Notes due 2031 (included as Exhibit A to Exhibit 4.4) (20)
4.6*​Description of Capital Stock
10.1†​Second Amended and Restated OSI Systems, Inc. Deferred Compensation Plan (2)
10.2†*​First Amendment to Second Amended and Restated OSI Systems, Inc. Deferred Compensation Plan
10.3†​OSI Systems, Inc. Nonqualified Defined Benefit Plan (3)
10.4†​Amended and Restated OSI Systems, Inc. 2008 Employee Stock Purchase Plan (4)
10.5†​First Amendment to Amended and Restated OSI Systems, Inc. 2008 Employee Stock Purchase Plan (12)
10.6†​Form of Indemnification Agreement for Directors and Executive Officers of OSI Systems, Inc. (5)
10.7​Ninth Amendment to Credit Agreement dated July 1, 2025 between Wells Fargo Bank, N.A. and OSI Systems, Inc. (15)
10.8†​Amended and Restated Employment Agreement dated April 29, 2024 between Alan Edrick and OSI Systems, Inc. (10)
10.9†​Amended and Restated Employment Agreement dated April 29, 2024 between Ajay Mehra and OSI Systems, Inc. (10)
10.10†​Amendment dated December 12, 2024 to Amended and Restated Employment Agreement between Ajay Mehra and OSI Systems, Inc. (18)
10.11†​Amended and Restated Employment Agreement dated April 29, 2024 between Victor Sze and OSI Systems, Inc. (10)
10.12†​Amended and Restated Retirement Benefit Award Agreement effective as of December 31, 2017 by and between Deepak Chopra and OSI Systems, Inc. (6)
10.13†​First Amendment to Amended and Restated Retirement Benefit Award Agreement effective as of June 19, 2020 by and between Deepak Chopra and OSI Systems, Inc. (13)
10.14†​Second Amendment to Amended and Restated Retirement Benefit Award Agreement effective as of August 19, 2020 by and between Deepak Chopra and OSI Systems, Inc.(13)
10.15†​Third Amendment to Amended and Restated Retirement Benefit Award Agreement effective as of October 27, 2021 by and between Deepak Chopra and OSI Systems, Inc. (14)
10.16†*​2025 Amendment to Amended and Restated Retirement Benefit Award Agreement effective as of December 23, 2025 by and between Deepak Chopra and OSI Systems, Inc.
10.17†​Amended and Restated OSI Systems, Inc. 2012 Incentive Award Plan (7)
10.18†​Amendment to Amended and Restated OSI Systems, Inc. 2012 Incentive Award Plan (17)
10.19†​Form of Restricted Stock Award Agreement (8)
10.20†​Form of Restricted Stock Unit Award Agreement (8)
10.21†​Form of Stock Option Agreement (8)
14.1​OSI Systems, Inc. Code of Ethics and Conduct effective May 1, 2026 (9)
18.1*​Preferability Letter of Grant Thornton LLP Regarding Change in Accounting Principle.
19.1*​OSI Systems, Inc. Insider Trading Policy
21.1*​Subsidiaries of the Company
23.1*​Consent of Independent Registered Public Accounting Firm
31.1*​Certification Pursuant to Section 302
31.2*​Certification Pursuant to Section 302
32.1*​Certification Pursuant to Section 906
32.2*​Certification Pursuant to Section 906
97.1​Policy for Recovery of Erroneously Awarded Compensation (19)
​
No.​ ​EXHIBIT DESCRIPTION
​​​
101.1​The following financial information from the Registrant’s Annual Report on Form 10-K for the year ended June 30, 2026 formatted in XBRL (eXtensible Business Reporting Language) as follows:
​​(i) the consolidated balance sheets
​​(ii) the consolidated statements of operations
​​(iii) the consolidated statements of comprehensive income
​​(iv) the consolidated statements of stockholders’ equity
​​(v) the consolidated statements of cash flows
​​(vi) the notes to the consolidated financial statements, tagged in summary and detail
104​Cover Page Interactive Data File (formatted as Inline XBRL with applicable taxonomy extension information contained in Exhibits 101)
†Denotes a management contract or compensatory plan or arrangement.
*Filed herewith.
(1)Previously filed with our Current Report on Form 8-K filed on March 8, 2010.
(2)Previously filed with our Quarterly Report on Form 10-Q filed on January 26, 2024.
(3)Previously filed with our Current Report on Form 8-K filed on October 10, 2008.
(4)Previously filed with our Quarterly Report on Form 10-Q filed on October 24, 2014.
(6)Previously filed with our Current Report on Form 8-K filed on January 5, 2018.
(7)Previously filed with our Proxy Statement on Schedule 14A filed on October 21, 2020.
(8)Previously filed with our Registration Statement on Form S-8 filed on August 16, 2013.
(9)Previously filed with our Quarterly Report on Form 10-Q filed on May 4, 2026.
(10)Previously filed with our Quarterly Report on Form 10-Q filed on April 30, 2024.
(11)Previously filed with our Current Report on Form 8-K filed on July 19, 2024.
(12)Previously filed with our Proxy Statement on Schedule 14A filed on October 21, 2016.
(14)Previously filed with our Quarterly Report on Form 10-Q filed on October 29, 2021.
(15)Previously filed with our Current Report on Form 8-K filed on July 2, 2025.
(16)Previously filed with our Quarterly Report on Form 10-Q filed on January 27, 2023.
(17)Previously filed with our Proxy Statement on Schedule 14A filed on October 27, 2023.
(18)Previously filed with our Current Report on Form 8-K filed on December 13, 2024.
(20)Previously filed with our Current Report on Form 8-K filed on November 20, 2025.
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