One Stop Systems Q2 revenue jumps on higher medical imaging sales; raises 2026 outlook

One Stop Systems

05/08/2026 13:13

Overview
U.S. rugged compute provider's Q2 revenue grew 62% yr/yr, beating analyst expectations
Company raised full-yr 2026 revenue growth guidance to 25%-30%
Q2 revenue growth driven by higher sales to medical imaging, defense, and autonomous equipment customers

Outlook
Company raises 2026 revenue growth guidance to 25%-30%, up from 20%-25%
Company expects 2026 gross margin of approximately 40%
OSS anticipates positive EBITDA and adjusted EBITDA for 2026, including planned strategic investments

Result Drivers
MEDICAL IMAGING SALES - Higher sales to a medical imaging OEM for liquid-cooled servers supporting breast cancer screening as customer moved from prototypes to production
DEFENSE AND AUTONOMY CUSTOMERS - New sales to defense customers for short-depth servers and to autonomous construction and mining equipment customers
SHIFT TO PRODUCTION ORDERS - Transition of development initiatives into larger scale, multi-year production orders across defense and commercial markets

Company press release: ID:nGNX3gRF66

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$9.30 mln
$8.50 mln (4 Analysts)
Q2 Adjusted Loss Per Share
Beat
$0.01
$0.02 (2 Analysts)
Q2 Gross Margin
 
39.10%
 
Q2 Operating Expenses
 
$11.30 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the computer hardware peer group is "buy"
Wall Street's median 12-month price target for One Stop Systems Inc is $19.00, about 33.1% above its August 4 closing price of $14.27
The stock recently traded at 193 times the next 12-month earnings vs. a P/E of 385 three months ago

Reuters Recommended Reads
Aug 4 - Kratos Defense Q2 revenue jumps 30.5%, raises 2026 outlook 
Aug 4 - Leidos lifts annual forecasts on strong defense demand
Aug 4 - Taiwan's Wistron says AI server demand remains strong, quarterly profit up 128%

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)