One Stop Systems (OSS) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

One Stop Systems

NasdaqCM•Technology•Computer Hardware

$4.90+0.07(0.01%)After hours

Market Cap

$122.47M

P/E

285.3x

P/S

7.2x

P/B

3.2x

One Stop Systems, Inc. designs, manufactures, and markets rugged high-performance compute, high speed switch fabrics, and storage systems for edge applications of artificial intelligence and machine learning, sensor processing, sensor fusion, and autonomy in the United States and internationally. The company's systems are built using the central processing unit, graphical processing unit, high speed switch fabrics, and flash storage technologies. It sells its products to multinational companies, governmental agencies, military contractors, military services, and technology providers through its website, web store, direct sales team, and original equipment manufacturer focused sales, and commercial and government sales team, as well as through a network of resellers and distributors. The company was founded in 1998 and is headquartered in Escondido, California.

How this company scores

WeakMetricSide Score: 39/100

Strongest: Balance Sheet & Red Flags (15/25); weakest: Cash & Earnings Quality (5/25).

Profitability11/25

Growth8/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality5/25

Strengths

Rising earningsInterest easily coveredProfit converts from growthNet cash position

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 285.3x5y range 26.1x – 320.1x

Currently above its 8-quarter median.

P/S · 7.2x5y range 0.6x – 17.7x

Currently above its 20-quarter median.

P/B · 3.2x5y range 1.0x – 10.7x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 7 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $122.47M

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $17.09M
Q. Revenue: $12.58M
TTM EBITDA: $-8.71M
TTM Op. Income: $-9.36M
Q. Op. Income: $-834,710
TTM Net Income: $429,316
Q. Net Income: $-593,734
EPS: $-0.02
Shares Out.: $24.99M

$17.09M in TTM revenue declined 71.6% YoY, reaching $12.58M last quarter. TTM EBITDA of $-8.71M and TTM operating income of $-9.36M show growth is flowing through to the bottom line. TTM net income of $429,316 means revenue is converting into profit. Across the last 8 quarters, TTM revenue has fallen for 4 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 42.6%
EBITDA Margin: -5.2%
Op. Margin: -6.6%
Net Margin: -4.7%

Op. margin of -6.6% is down 9.7% YoY — costs are rising relative to revenue. Net margin at -4.7% and gross margin of 42.6% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 318% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 285.3x
P/S Ratio: 7.2x
P/B Ratio: 3.2x

At 285.3x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 7.2x and P/B of 3.2x provide additional context. P/E sits above typical market levels while revenue growth is below 5%. Over the past year, P/E is up 0% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $47.42M
Cash: $5.64M
Long-Term Debt: N/A
Book Value: $38.30M
D/E Ratio: N/A
Debt/EBITDA: N/A

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-11.82M
TTM Free Cash Flow: $-13.91M
FCF Margin: -81.4%
FCF / Net Income: -32.4

TTM FCF of $-13.91M on $-11.82M in operating cash flow. The FCF / Net Income ratio of -32.4x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has fallen for 2 consecutive quarters — a weakening trend.