OSI Systems Inc (OSIS)

Gross profit margin

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Gross profit US$ in thousands 587,182 530,458 430,510 424,427 419,918
Revenue US$ in thousands 1,713,170 1,538,760 1,278,430 1,183,240 1,146,900
Gross profit margin 34.27% 34.47% 33.67% 35.87% 36.61%

June 30, 2025 calculation

Gross profit margin = Gross profit ÷ Revenue
= $587,182K ÷ $1,713,170K
= 34.27%

The analysis of OSI Systems Inc.'s gross profit margin over the specified period reveals a trend characterized by slight fluctuations. As of June 30, 2021, the gross profit margin stood at 36.61%, indicating the percentage of revenue remaining after deducting the cost of goods sold.

By June 30, 2022, the gross profit margin decreased marginally to 35.87%, reflecting a minor tightening in gross profitability. This downward movement continued into June 30, 2023, with the margin dropping to 33.67%, representing a more noticeable decline and suggesting potential pressures on gross margins, possibly due to increased costs, pricing pressures, or changes in product mix.

However, the trend reversed slightly in the subsequent year, with the gross profit margin increasing to 34.47% by June 30, 2024, indicating a partial recovery or improvement in gross profitability. This upward movement was followed by a marginal decrease to 34.27% as of June 30, 2025, which still reflects a level somewhat above the year prior, though below the 2024 peak.

Overall, the gross profit margin for OSI Systems Inc. exhibits a pattern of decline from 2021 through 2023, followed by a modest recovery in 2024 and stabilization in 2025. This trend suggests periods of margin pressure interspersed with phases of margin recovery, potentially driven by factors such as cost management strategies, pricing adjustments, or shifts in product and customer mix.