Aug. 5 at 6:42 PM
$OSS Q2 facts that matter:
📈 Revenue: +
$62.3% YoY to
$9.3M
📈 Record bookings:
$15.1M
📈 Book-to-bill: 1.6x (more orders than shipments)
📈 Raised 2026 revenue growth guidance to 25–30%
💰
$31.4M cash, ZERO debt
The GAAP loss everyone is focused on included a one-time
$6.25M legal settlement.
Without that, OSS was essentially break-even operationally (Non-GAAP loss of just
$0.2M / -
$0.01 EPS) while continuing to invest in growth.
To me, the bigger story isn’t the headline EPS—it’s the record demand, raised guidance, strong balance sheet, and expanding defense pipeline.
If bookings continue converting into revenue, Q3 could be the quarter OSS turns consistently profitable.
$OSS
