OSS Reports Q1 2026 Earnings with Strong Revenue Growth and Improved Margins
OSS reported Q1 2026 earnings with total revenue of $8.1 million, a 55% year-over-year increase driven by growth in defense and commercial sales. The company achieved a record gross margin of 51.6% and reported a GAAP net loss of $0.4 million, an improvement from the prior-year quarter. Non-GAAP net income was $300,000, and adjusted EBITDA turned positive at $0.2 million.
Topics: bookings cash_flow gross_margin net_income revenue