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ONE Stop Systems, Inc. (OSS) stock

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NASDAQ: OSS Nasdaq Technology Hardware, Storage & Peripherals

C Fundamentals grade

ONE Stop Systems, Inc. is a US-listed company in the technology hardware, storage & peripherals industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: free cash flow after stock pay is not positive.

Price vs value

Under review: free cash flow after stock pay is not positive. We'll show the comparison once resolved.

ONE Stop Systems, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 3 selling0 purchases and 3 sales by directors and officers, last 12 monthsInsider trades
  • Funds77 adding, 42 cuttingOf 22 active managers that changed their stake, 12 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter ONE Stop Systems files

Where ONE Stop Systems stands after its latest 10-Q

Revenue for the twelve months to September 2026 was $42m, up 702.1% on a year earlier, faster than the 299.7% growth a quarter earlier. That growth ranks 1 of 22 among the technology hardware, storage & peripherals companies we cover. Free-cash-flow margin rose to -34.0% from -137.8% a year earlier. Operating margin widened to -17.3% from -204.8%. The diluted share count is up 12.0% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 2 of our 2 financial-health checks.

Our model value for ONE Stop Systems is under review, so past values are not shown until it is resolved.

Source: 10-Q filed October 28, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

ONE Stop Systems, Inc.'s trailing-twelve-month revenue grew 702.1% year on year, with a free-cash-flow margin of -34.0%. Where it stands out: revenue growth of 702.1% ranks 1 of 27 technology hardware, storage & peripherals companies we cover. Where it lags: days sales outstanding of 111 days ranks 22 of 23 technology hardware, storage & peripherals companies we cover.

Current signal Revenue growth accelerating: TTM revenue growth rose to 702.1% (+402.4pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 702.1% over the last 12 months, against a median of 11.3% for technology hardware, storage & peripherals companies we cover.
  • Growth speeding up. The growth rate is 402.4 points higher than a quarter earlier.
  • Margins widening. Operating margin is up 187.5 points on a year ago.
  • Net cash. Cash exceeds long-term debt by $0.0bn.

Things to watch

  • Loss-making. Operating margin is -17.3%: costs exceed revenue.
  • Burning cash. Free cash flow was -34.0% of revenue over the last 12 months.
  • Share dilution. Diluted shares rose 12.0% in a year.
  • High earnings multiple. The shares trade at 283 times the last 12 months' earnings, so expectations are demanding.
  • Volatile shares. Over the past year the shares showed annualised volatility of 114% and a beta of 3.8 against the S&P 500.
  • Gross margin slipping. Gross margin is down 33.2 points on a year ago.

Latest results: FY2026 Q3

Filed October 28, 2026
Earnings per share
$0.01 against an average estimate of $0.01: beat by 0.0%
Revenue
$13m, up 35.9% on a year earlier
Share reaction
-13.9% in the first session after the results on October 28, 2026, against 0.0% for the S&P 500
Next report
October 28, 2026; average EPS estimate $0.04

ONE Stop Systems' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-6.0%
  • 1 week-19.2%
  • 1 month-44.2%
  • This year-32.7%
  • 1 year-3.4%
  • 5 years-12.2%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$42M
Operating margin
-17.3%
Net margin
1.0%
EPS (TTM, diluted)
$0.02

Growth

Revenue growth
+702.1%
Change in growth rate
+402.4 pts
Share count change
+12.0%

Cash

Free cash flow (TTM)
-$14.3M
FCF margin
-34.0%
Stock pay % of revenue
6.6%

Earnings

Last results
October 28, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Agreement
  2. Results
  3. Leadership

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

ONE Stop Systems, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: free cash flow after stock pay is not positive.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value ONE Stop Systems, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 11.9%: the 10-year Treasury yield (4.9%) plus a beta of 1.54 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. ~$0.4 ~$0.1–$0.7 Left out: out of range vs price (0.08x)
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$0.3 ~$0.2–$0.4 Left out: out of range vs price (0.06x)
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: This model is withheld pending its input or assumption review.
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: This model is withheld pending its input or assumption review.
Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. ~$0.5 ~$0.9–$4.6 Left out: out of range vs price (0.11x)
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare ONE Stop Systems, Inc. with Technology Hardware, Storage & Peripherals in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20182019202020212022202320242025Now
Share price$1.94$2.02$4.00$4.95$3.01$2.10$3.35$7.18$4.83
Market value$24m$31m$66m$97m$59m$44m$72m$167m$121m
+ Net debt (− = net cash)−$850303−$1m$712471−$234963$3m−$2m−$3m−$31m−$6m
Enterprise value$24m$29m$67m$96m$63m$42m$69m$135m$116m
Multiples
Price / sales 0.7x0.5x1.3x1.6x0.8x0.7x2.9x5.2x2.9x
Price / earnings ———41.4x———32.7xn/m
Price / free cash flow ———19.1x—————
EV / EBITDA ——134.0x36.1x24.5x————

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

41 /100

Weak moat

How hard ONE Stop Systems's competitive advantage looks for rivals to wear away, judged from 9 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 20 / 20

    Cash operating profit has been a median 17.4% of total assets over 8 years.

  • Pricing power 4 / 20

    Gross margin has been a median 31.6%, moving by 17.3 percentage points (standard deviation) across 9 years.

  • Durability 10 / 20

    Operating margin has been a median -9.5%; its worst year was -204.8%.

  • Cash conversion 3 / 20

    Free cash flow was positive in 3 of 9 years, at a median -1.8% of revenue.

  • Discipline 9 / 20

    The diluted share count rose 34.9% over five years; stock-based pay has been a median 2.6% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (46 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.04 +300% $45m +40%
Next $0.10 +138% $55m +23%

Next year's EPS estimate has moved −13.6% in 90 days, across 2 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is 0.0% on 90 days ago. In the last 30 days, 1 analyst raised ONE Stop Systems, Inc.'s forecast and 0 cut it.

Consensus EPS forecast ONE Stop Systems, Inc., last 90 days
$0.04 $0.06 $0.08 $0.10 $0.12 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.04 Current fiscal year, 60 days ago: $0.04 Current fiscal year, 30 days ago: $0.04 Current fiscal year, 7 days ago: $0.04 Current fiscal year, Now: $0.04 $0.04 Next fiscal year, 90 days ago: $0.11 Next fiscal year, 60 days ago: $0.11 Next fiscal year, 30 days ago: $0.11 Next fiscal year, 7 days ago: $0.11 Next fiscal year, Now: $0.10 $0.10

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.04$0.11
60 days ago $0.04$0.11
30 days ago $0.04$0.11
7 days ago $0.04$0.11
Now $0.04$0.10

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $0.01 $0.01 0.0%
Jun 2026 −$0.02 −$0.01 +50.0%
Mar 2026 −$0.04 $0.01 +122.2%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

3 analysts, Oct 2026
Buy3100%
Hold00%
Sell00%

Monthly trend

  1. Oct 202633
  2. Sep 202633

Counts of recommendations published by analysts covering ONE Stop Systems, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
15.0%
of tradable shares
Days to cover
4.19
at average volume
Short interest, 1 month
−22%
to October 15, 2026
Held by institutions
48%
of shares
Held by insiders
11.3%
of shares
Employees
56
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −3.4%

$5.00 on October 31, 2025 to $4.83

ThenNowEffect
Revenue (last 12 months) $10m $39m +299.7%
P/S multiple 11.4x 3.1x −73.0%
Share count 22m 25m −10.6%

Biggest factor: revenue. Loss-making at one end, so the split uses price/sales.

Last 3 years +127.8%

$2.12 on November 3, 2023 to $4.83

ThenNowEffect
Revenue (last 12 months) $71m $39m −45.6%
P/S multiple 0.6x 3.1x +424.2%
Share count 20m 25m −20.1%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
OSS+24%−39%−30%+60%+114%−33%
Industry peers (median)+35%−35%+33%+12%+3%+4%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
OSS33%17%50%42%58%27%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
OSS−52%−44%−56%−54%−56%−76%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since February 1, 2018: 84% from March 9, 2018 to March 18, 2020. Getting back needed a 510% gain, reached on February 9, 2021, 328 days after the low.

Price behaviour

52-week range
$4.34 – $19.95
From 52-week high
−75.8%
vs 50-day average
−41.8%
vs 200-day average
−57.0%
Volatility (1 year)
114%
Beta vs S&P 500
3.82

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±7.5%
After a week
5 up, 6 down
typical move ±9.7%
After a month
4 up, 7 down
typical move ±13.4%
Results releasedNext dayS&P 500 next day5 days21 days
October 28, 2026 −13.9% 0.0% — —
May 8, 2026 +5.4% +1.1% +9.1% +4.0%
March 19, 2025 −11.1% +0.8% −15.7% −30.7%
November 6, 2024 +5.8% +3.3% +4.9% +19.1%
August 8, 2024 −7.1% +2.8% −5.2% +2.8%
March 21, 2024 −2.1% +0.1% −1.5% −15.7%
November 9, 2023 +1.0% +0.8% +7.5% −6.0%
August 10, 2023 −27.3% 0.0% −47.9% −45.4%
May 11, 2023 −1.9% −0.3% −5.0% +12.3%
March 23, 2023 +5.3% +0.9% +2.4% 0.0%
November 10, 2022 +7.2% +6.5% +5.3% −0.7%
August 11, 2022 +1.7% +1.7% −2.0% −10.2%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

ONE Stop Systems, Inc. in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) ONE Stop Systems, Inc.
$0 $20M $40M $60M $80M FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $60.9M Revenue (TTM), FY24 Q1: $56.8M Revenue (TTM), FY24 Q2: $52.8M Revenue (TTM), FY24 Q3: $52.7M Revenue (TTM), FY24 Q4: $24.6M Revenue (TTM), FY25 Q1: $17.1M Revenue (TTM), FY25 Q2: $9.7M Revenue (TTM), FY25 Q3: $5.2M Revenue (TTM), FY25 Q4: $32.2M Revenue (TTM), FY26 Q1: $35.1M Revenue (TTM), FY26 Q2: $38.7M Revenue (TTM), FY26 Q3: $42M $42M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $60.9M
FY24 Q1 $56.8M
FY24 Q2 $52.8M
FY24 Q3 $52.7M
FY24 Q4 $24.6M
FY25 Q1 $17.1M
FY25 Q2 $9.7M
FY25 Q3 $5.2M
FY25 Q4 $32.2M
FY26 Q1 $35.1M
FY26 Q2 $38.7M
FY26 Q3 $42M
Revenue growth, TTM YoY ONE Stop Systems, Inc.
-200% 0% 200% 400% 600% 800% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: -15.9% Revenue growth, TTM YoY, FY24 Q1: -21.3% Revenue growth, TTM YoY, FY24 Q2: -25.8% Revenue growth, TTM YoY, FY24 Q3: -20.1% Revenue growth, TTM YoY, FY24 Q4: -59.7% Revenue growth, TTM YoY, FY25 Q1: -69.9% Revenue growth, TTM YoY, FY25 Q2: -81.7% Revenue growth, TTM YoY, FY25 Q3: -90.1% Revenue growth, TTM YoY, FY25 Q4: 31.2% Revenue growth, TTM YoY, FY26 Q1: 105.0% Revenue growth, TTM YoY, FY26 Q2: 299.7% Revenue growth, TTM YoY, FY26 Q3: 702.1% 702.1%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 -15.9%
FY24 Q1 -21.3%
FY24 Q2 -25.8%
FY24 Q3 -20.1%
FY24 Q4 -59.7%
FY25 Q1 -69.9%
FY25 Q2 -81.7%
FY25 Q3 -90.1%
FY25 Q4 31.2%
FY26 Q1 105.0%
FY26 Q2 299.7%
FY26 Q3 702.1%
Operating margin (TTM) ONE Stop Systems, Inc.
-300% -200% -100% 0% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: -13.0% Operating margin (TTM), FY24 Q1: -15.8% Operating margin (TTM), FY24 Q2: -14.8% Operating margin (TTM), FY24 Q3: -20.1% Operating margin (TTM), FY24 Q4: -63.8% Operating margin (TTM), FY25 Q1: -97.9% Operating margin (TTM), FY25 Q2: -176.2% Operating margin (TTM), FY25 Q3: -204.8% Operating margin (TTM), FY25 Q4: -10.5% Operating margin (TTM), FY26 Q1: -4.8% Operating margin (TTM), FY26 Q2: -17.7% Operating margin (TTM), FY26 Q3: -17.3% -17.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 -13.0%
FY24 Q1 -15.8%
FY24 Q2 -14.8%
FY24 Q3 -20.1%
FY24 Q4 -63.8%
FY25 Q1 -97.9%
FY25 Q2 -176.2%
FY25 Q3 -204.8%
FY25 Q4 -10.5%
FY26 Q1 -4.8%
FY26 Q2 -17.7%
FY26 Q3 -17.3%
FCF margin (TTM) ONE Stop Systems, Inc.
-150% -100% -50% 0% 50% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: -2.1% FCF margin (TTM), FY24 Q1: 1.2% FCF margin (TTM), FY24 Q2: -3.8% FCF margin (TTM), FY24 Q3: 1.4% FCF margin (TTM), FY24 Q4: -1.4% FCF margin (TTM), FY25 Q1: -19.6% FCF margin (TTM), FY25 Q2: -30.2% FCF margin (TTM), FY25 Q3: -137.8% FCF margin (TTM), FY25 Q4: -20.7% FCF margin (TTM), FY26 Q1: -4.3% FCF margin (TTM), FY26 Q2: -15.2% FCF margin (TTM), FY26 Q3: -34.0% -34.0%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 -2.1%
FY24 Q1 1.2%
FY24 Q2 -3.8%
FY24 Q3 1.4%
FY24 Q4 -1.4%
FY25 Q1 -19.6%
FY25 Q2 -30.2%
FY25 Q3 -137.8%
FY25 Q4 -20.7%
FY26 Q1 -4.3%
FY26 Q2 -15.2%
FY26 Q3 -34.0%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 28 37 58 52 62 72 61 25 32 42
Gross profit 9 11 19 16 20 20 18 1 16 20
EBITDA 0 −2 −0 0 3 3 −7 −15 −3 −7
Operating income −0 −3 −1 −0 2 2 −8 −16 −3 −7
Net income 0 −1 −1 −0 2 −2 −7 −14 5 0
Diluted EPS $0.01 −$0.09 −$0.06 $0.00 $0.12 −$0.11 −$0.32 −$0.65 $0.22 $0.02
Growth (year on year)
Revenue — +34.5% +57.5% −11.0% +19.4% +16.8% −15.9% −59.7% +31.2% +702.1%
EBITDA — — — — — −4.3% −367.9% — — —
Operating income — — — — — −10.2% −605.2% — — —
Net income — — — — — −195.6% — — — —
Diluted EPS — — — — — −191.7% — — — —
Margins
Gross margin 31.5% 30.6% 33.3% 31.7% 31.7% 28.2% 29.5% 2.5% 49.6% 48.1%
EBITDA margin 1.4% −4.9% −0.2% 1.0% 4.3% 3.5% −11.2% −60.0% −8.1% −15.7%
Operating margin −1.6% −8.6% −1.3% −0.8% 2.8% 2.2% −13.0% −63.8% −10.5% −17.3%
Net margin 0.4% −3.1% −1.5% −0.0% 3.8% −3.1% −11.0% −55.5% 15.8% 1.0%
Free-cash-flow margin −2.9% −12.2% −0.0% −2.1% 8.2% −11.5% −2.1% −1.4% −20.7% −34.0%
Cash flow
Cash from operations −0 −4 2 −0 6 −8 −0 −0 −7 −14
Capital spending 0 1 2 1 1 1 1 0 0 0
Free cash flow −1 −5 −0 −1 5 −8 −1 −0 −7 −14
Stock-based pay 0 1 1 1 2 2 2 2 2 3
Free cash flow after stock pay −1 −5 −1 −2 3 −10 −4 −2 −8 −17
Balance sheet
Cash 0 2 5 6 5 3 4 4 31 6
Total debt 4 1 4 7 5 6 2 1 0 0
Net debt (negative = net cash) 3 −1 −1 1 −0 3 −2 −3 −31 −6
Diluted shares 11m 13m 15m 17m 20m 20m 21m 21m 23m 25m

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 2 checks passed · September 30, 2026
What it owns · $47m
Short-term assets $46mLonger-term assets $2m
What it owes, and who funded it · $47m
Short-term liabilities $8mLonger-term liabilities $1mShareholders' equity $38m
  • Short-term assets cover short-term liabilities $46m of assets due within a year against $8m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $46m short-term assets against $1m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From ONE Stop Systems, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+12.0%
year over year
R&D spending
10.4%
of revenue
Sales & admin spending
23.6%
of revenue
Days sales outstanding
111 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in technology hardware, storage & peripherals
Last 12 months unless stated OSS TACT ICG INVE MITQ SCKT Median
Revenue, last 12 months $42m $53m $31m $24m $17m $14m $3.9bn
Revenue growth, last 12 months 702.1% 10.5% −21.5% 3.1% −4.6% −17.4% 11.3%
Revenue growth, 3-year average −14.0% −12.1% — −37.1% −5.0% −9.0% 2.7%
Revenue growth, latest quarter 35.9% 1.1% — 12.7% −22.7% −24.9% 22.0%
Gross margin 48.1% 49.6% 7.2% 15.9% 29.1% 49.1% 34.7%
Operating margin −17.3% −0.8% −47.4% −82.4% −2.9% −26.1% 4.1%
Operating margin, 3-year average −80.7% −2.4% — −84.1% −5.5% −20.2% 4.2%
Net margin 1.0% −0.8% −21.5% −62.9% −1.7% −107.5% 2.0%
Cash from operations / revenue −33.5% 10.3% −42.1% −29.0% −14.2% −5.0% 6.3%
Free-cash-flow margin −34.0% 9.9% −44.2% −37.9% −14.2% −8.5% 3.0%
Free-cash-flow margin, 3-year average −56.8% 7.8% — −43.4% −5.3% −9.0% 4.7%
Stock pay / revenue 6.6% 3.8% 3.9% 11.7% 0.2% 5.2% 1.9%
Change in share count 12.0% 1.4% 0.7% 1.2% 0.3% 4.3% 1.4%

Median of all 27 companies we cover in technology hardware, storage & peripherals. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

27 technology hardware, storage & peripherals companies
Measure Company Peer median Rank
Revenue growth Growth 702.1% 11.3% 1 of 27
Change in growth rate Growth +402.4pp +5.0pp 1 of 27
Gross margin Profitability 48.1% 41.2% 9 of 22
Operating margin Profitability -17.3% 5.3% 20 of 26
Net margin Profitability 1.0% 2.0% 15 of 27
Free-cash-flow margin Cash generation -34.0% 3.6% 23 of 26
Stock pay as % of revenue Cash generation 6.6% 1.9% 24 of 27
Change in share count Balance sheet 12.0% 1.4% 24 of 27
Days sales outstanding Balance sheet 111 days 54 days 22 of 23

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Customized Computers and Flash Arrays $32.2M 99.7% ▲ 31.2%
Products $30.5M 94.7% ▲ 46.1%
Services $1.7M 5.3% ▼ 53.5%
Product Warranty $93,382 0.3% ▲ 13.1%

From ONE Stop Systems, Inc.'s 10-K filed March 18, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$196M
Institutions reporting
108
Shares held vs prior quarter
▲ 29.8%
Positions opened / closed
50 / 18

Top buyers and sellers, Q2 2026: 77 institutions bought and 42 sold ; the biggest buyer was Blackrock, Inc (+1.2M shares) and the biggest seller Marshall Wace, LLP (−419K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $33.4M 1.8M 17.0% ▲ 207.7%
Jane Street Group, LLC $23.8M 1.3M 12.1% ▲ 49.7%
Vanguard Capital Management LLC $17.7M 975K 9.0% ▲ 1.6%
Geode Capital Management, LLC $10.4M 573K 5.3% ▲ 126.9%
Bard Associates Inc $9.6M 526K 4.9% ▼ 2.6%
Palisades Investment Partners, LLC $7.5M 414K 3.8% New
Renaissance Technologies LLC $7.4M 408K 3.8% ▲ 56.9%
State Street Corp $7M 384K 3.6% ▲ 277.9%
Millennium Management LLC $6.1M 338K 3.1% ▼ 15.7%
Qube Research & Technologies Ltd $5.8M 319K 3.0% New
Cambridge Investment Research Advisors, Inc. $5.4M 299K 2.8% ▲ 105.0%
Northern Trust Corp $3.2M 178K 1.6% ▲ 279.1%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not ONE Stop Systems, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $369,380 3 trades by 3 insiders · 0% under pre-set plans
Net ▼ $369,380 net selling
Insider Date Trade Shares Price Value
Herbets Mitchell H Director May 26, 2026 Sell 5,000 $17.62 $88,100
Matz Gregory W Director May 26, 2026 Sell 8,000 $17.52 $140,160
Bassett David George Director May 26, 2026 Sell 8,000 $17.64 $141,120

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

  • October 28, 2026
  • May 8, 2026
  • March 19, 2025
  • November 6, 2024
  • August 8, 2024
  • March 21, 2024

Recent SEC filings

Data status

When each part of this page on ONE Stop Systems, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

ONE Stop Systems, Inc. in brief

What does ONE Stop Systems, Inc. do?
ONE Stop Systems, Inc. is a US-listed company in the technology hardware, storage & peripherals industry. Its financial year ends in December.
What is ONE Stop Systems, Inc.'s stock ticker?
ONE Stop Systems, Inc. trades under the ticker OSS on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is ONE Stop Systems, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, ONE Stop Systems, Inc. reported revenue of $42M, 702.1% higher than a year earlier, according to its SEC filings.
What is ONE Stop Systems, Inc.'s free cash flow?
ONE Stop Systems, Inc.'s free-cash-flow margin is -34.0% of revenue over the trailing twelve months, ranking 23 of the 26 technology hardware, storage & peripherals companies we cover.
Who are ONE Stop Systems, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Jane Street Group, LLC and Vanguard Capital Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is ONE Stop Systems, Inc.'s market cap?
On November 2, 2026, ONE Stop Systems, Inc.'s market capitalisation was about $121M, with a price-to-earnings ratio of 282.9 and net debt of -$5.6M. Market figures come from third-party market data and may be delayed.
Who are ONE Stop Systems, Inc.'s competitors?
In our Technology Hardware, Storage & Peripherals peer group, the companies closest to ONE Stop Systems, Inc. are Transact Technologies Inc, Intchains Group Ltd, Inve Technologies, Inc., Moving Image Technologies Inc. and Socket Mobile, Inc. The side-by-side comparison below sets their revenue, margins and growth against ONE Stop Systems, Inc.'s.
Are insiders buying or selling ONE Stop Systems, Inc. stock?
Over the last 12 months, ONE Stop Systems, Inc.'s directors and officers reported 0 open-market purchases and 3 sales on Form 4. The insider trading page charts every trade.