OSI SYSTEMS INC

OSI Systems, Inc. (NASDAQ: OSIS) is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications across homeland security, healthcare, defense, and aerospace markets. The company operates from its principal office in Hawthorne, California and maintains a global manufacturing and sales presence across North America, South America, Europe, Asia, Australia, and the Middle East.

The company operates three primary divisions. The Security division provides non-intrusive inspection systems, turnkey security screening solutions, and high-power radio frequency systems marketed under the Rapiscan brand name, serving airports, border crossings, seaports, government installations, and other critical infrastructure facilities. The Optoelectronics and Manufacturing division designs and manufactures specialized electronic components and value-added subsystems for defense, aerospace, medical imaging, telecommunications, and homeland security applications, while also providing electronics manufacturing services including printed circuit board assembly, cable and harness assembly, and flexible circuit fabrication. The Healthcare division manufactures and distributes patient monitoring, cardiology and remote monitoring, and connected care solutions under the Spacelabs Healthcare brand, serving hospitals, medical clinics, and physician offices globally.

OSI Systems generates revenue through direct sales to end-users and government agencies, as well as through original equipment manufacturer relationships and independent distributors worldwide. For fiscal year 2026, the Security division's direct sales to the U.S. Government totaled approximately $207.3 million. The company maintains significant manufacturing capabilities across multiple countries, with high-volume operations in Mexico, India, Indonesia, and Malaysia, complemented by facilities in the United States, United Kingdom, Germany, Canada, and other locations.

The company's competitive advantages stem from its vertical integration, which reduces manufacturing costs and delivery times while enabling comprehensive customer solutions. OSI Systems holds numerous U.S. and foreign patents relating to security inspection products, healthcare systems, and optoelectronic devices, with patents expiring between 2026 and 2044. The company maintains ISO/IEC 27001-2022 certified information security management systems and operates a global security operations center to manage cybersecurity risks across its operations.