OSS

In Q1 2026, OSS reported a 55.0% year-over-year revenue increase to $8.1 million, a gross margin of 51.6%, bookings of nearly $15 million, and $4.0 million in net cash from operations. Q2 2026 saw revenue from continuing operations rise 62.3% year-over-year to $9.3 million, with a gross margin of 39.1% and record quarterly bookings of $15.1 million; however, a $6.25 million legal settlement charge led to a GAAP loss of $7.3 million, though the company ended with $31.4 million in cash. Following these results, OSS raised its full-year 2026 revenue growth guidance to 25%-30%. The company secured significant new contracts, including an $8.4 million initial contract with $44 million potential for high-performance servers, a $1.3 million rugged data storage order from the U.S. Navy, a $400,000 award for missile defense computing, and a $1 million follow-on order for a satellite-navigation simulation platform. OSS stock reached an all-time high of $20.88 on June 2, 2026, with a 52-week low of $4.17, and closed at $8.66 on October 2, 2026, exhibiting significant volatility with a beta of 3.82.