OSI Systems Inc (OSIS)

Net profit margin

		Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020
Net income (ttm)	US$ in thousands	196,451	188,382	134,477	133,211	128,154	125,856	113,621	93,422	91,778	83,160	104,087	107,530	115,347	107,478	83,516	83,757	74,049	62,120	62,905	63,853
Revenue (ttm)	US$ in thousands	1,713,166	1,689,088	1,650,140	1,603,555	1,538,758	1,469,721	1,367,204	1,289,566	1,278,427	1,203,378	1,190,966	1,172,050	1,183,236	1,178,613	1,171,923	1,171,251	1,146,902	1,091,671	1,100,767	1,130,100
Net profit margin		11.47%	11.15%	8.15%	8.31%	8.33%	8.56%	8.31%	7.24%	7.18%	6.91%	8.74%	9.17%	9.75%	9.12%	7.13%	7.15%	6.46%	5.69%	5.71%	5.65%

June 30, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $196,451K ÷ $1,713,166K
= 11.47%

The net profit margin of OSI Systems Inc. demonstrates a general upward trend over the analyzed period, reflecting improvements in profitability relative to revenues. Starting from approximately 5.65% as of September 30, 2020, the margin remained relatively steady through December 31, 2020, at around 5.71%, and continued a gradual increase into 2021, reaching approximately 7.15% by September 30, 2021, and 7.13% at year's end.

In 2022, the net profit margin experienced a more pronounced rise, peaking at 9.75% as of June 30, 2022, before witnessing a slight decline to 9.17% in September 2022 and further dropping to 8.74% by December 31, 2022. During the first half of 2023, the margin contracted to 6.91% in March but increased again to 7.18% in June and 7.24% in September 2023, indicating a period of volatility with overall stabilization around 7%.

Towards the end of 2023 and into early 2024, the net profit margin maintained a relatively stable level around 8.31% to 8.56%, suggesting a stabilization in profitability metrics. Notably, the figures for the trailing period extending into March 2025 show a significant increase, reaching 11.15% in March 2025 and further rising to 11.47% in June 2025. This notable upward movement indicates a considerable improvement in profitability relative to revenue in the most recent quarters.

Overall, the trend reflects a trajectory of recovery and growth in net profitability, with periods of fluctuation possibly attributable to market conditions, operational efficiencies, or strategic adjustments. The recent sharp increase in net profit margin underscores a positive outlook for the company's profitability position.