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

$9.97+0.21(0.02%)Market closed

Market Cap

$224.81M

P/E

174.7x

P/S

9.7x

P/B

5.8x

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: 36/100

Strongest: Balance Sheet & Red Flags (15/25); weakest: Cash & Earnings Quality (4/25).

Profitability8/25

Growth9/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality4/25

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 · 174.7x5y range 26.1x – 174.7x

Currently above its 8-quarter median.

P/S · 9.7x5y range 0.6x – 9.7x

Currently above its 20-quarter median.

P/B · 5.8x5y range 1.0x – 5.8x

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 6 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $224.81M

Metrics at a Glance

as of June 2026

Revenue & Profit

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

TTM Revenue: $23.27M
Q. Revenue: $9.35M
TTM EBITDA: $-7.27M
TTM Op. Income: $-7.95M
Q. Op. Income: $-7.67M
TTM Net Income: $1.29M
Q. Net Income: $-7.32M
EPS: $-0.29
Shares Out.: $24.84M

$23.27M in TTM revenue declined 57.9% YoY, reaching $9.35M last quarter. TTM EBITDA of $-7.27M and TTM operating income of $-7.95M show growth is flowing through to the bottom line. TTM net income of $1.29M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has fallen for 3 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 39.1%
EBITDA Margin: -80.1%
Op. Margin: -82.1%
Net Margin: -78.3%

Op. margin of -82.1% is down 69.1% YoY — costs are rising relative to revenue. Net margin at -78.3% and gross margin of 39.1% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has fallen for 3 consecutive quarters — a weakening trend.

Price Ratios

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

P/E Ratio: 174.7x
P/S Ratio: 9.7x
P/B Ratio: 5.8x

At 174.7x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 9.7x and P/B of 5.8x 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% — a weakening trend.

Assets & Liabilities

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

Total Assets: $55.84M
Cash: $17.28M
Long-Term Debt: N/A
Book Value: $38.63M
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: $-4.67M
TTM Free Cash Flow: $-5.74M
FCF Margin: -24.7%
FCF / Net Income: -4.5

TTM FCF of $-5.74M on $-4.67M in operating cash flow. The FCF / Net Income ratio of -4.5x means the business consumes cash — it is not yet self-funding. Over the past year, free cash flow is down 81% — a weakening trend.