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OSIS (OSI Systems) Net Income : $133 Mil (TTM As of Sep. 2024)


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What is OSI Systems Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. OSI Systems's Net Income for the three months ended in Sep. 2024 was $18 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was $133 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. OSI Systems's Earnings per Share (Diluted) for the three months ended in Sep. 2024 was $1.05.


OSI Systems Net Income Historical Data

The historical data trend for OSI Systems's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

OSI Systems Net Income Chart

OSI Systems Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.25 74.05 115.35 91.78 128.15

OSI Systems Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.88 36.55 34.04 44.68 17.94

OSI Systems Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

OSI Systems's Net Income for the fiscal year that ended in Jun. 2024 is calculated as

Net Income(A: Jun. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=161.214+-33.06+0+0
=128

OSI Systems's Net Income for the quarter that ended in Sep. 2024 is calculated as

Net Income(Q: Sep. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=22.969+-5.033+0+0
=18

Net Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $133 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


OSI Systems  (NAS:OSIS) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

OSI Systems's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


OSI Systems Net Income Related Terms

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OSI Systems Business Description

Traded in Other Exchanges
Address
12525 Chadron Avenue, Hawthorne, CA, USA, 90250
OSI Systems Inc is a designer and manufacturer of electronic systems and components for businesses in the homeland security, healthcare, defense, and aerospace markets. The firm is organized in three business segments: Security, which derives maximum revenue, provides security and inspection systems; Healthcare, which provides patient monitoring, diagnostic, cardiology, ventilation systems and defibrillators; and Optoelectronics and Manufacturing, which provides specialized electronic components and manufacturing services for the Security and Healthcare segments and external original equipment manufacturers. Majority of the firm's revenue is generated in the United States, and the rest from Mexico, Europe, the Middle East, and Africa, and the Asia Pacific regions.
Executives
Manoocher M Aliabadi officer: Pres., Optoelectronics Div 12525 CHADRON AVE, HAWTHORNE CA 90250
Deepak Chopra director, officer: President and CEO 12525 CHADRON AVE, HAWTHORNE CA 90250
Gerald M Chizever director
Paul Keith Morben officer: Pres., OSI Electronics 12525 CHADRON AVENUE, HAWTHORNE CA 90250
Shalabh Chandra officer: Pres., Spacelabs Healthcare C/O OSI SYSTEMS, INC., 12525 CHADRON AVENUE, HAWTHORNE CA 90250
Alan I Edrick officer: EVP & CFO 20200 SUNBURST STREET, CHATSWORTH CA 91311
James B Hawkins director C/O IRADIMED CORPORATION, 1025 WILLA SPRINGS DR., WINTER SPRINGS FL 32708
Ballhaus William Francis Jr director 12525 CHADRON AVE, HAWTHORNE CA 90250
Meyer/ Luskin director 1884 MANGO WAY, LOS ANGELES CA 90049
Victor S Sze officer: General Counsel 12525 CHADRON AVE, HAWTHORNE CA 90250
Glenn Grindstaff officer: Chief Human Resources Officer 12525 CHADRON AVENUE, HAWTHORNE CA 90250
Malcolm Peter Maginnis officer: Pres., Rapiscan Systems 12525 CHADRON AVENUE, HAWTHORNE CA 90250
Ajay Mehra director, officer: Executve Vice President 12525 CHADRON AVE, HAWTHORNE CA 90250
Steven C Good director 11755 WILSHIRE BOULEVARD, SUITE 1700, LOS ANGELES CA 90025
Kelli Bernard director 12525 CHADRON AVENUE, HAWTHORNE CA 90250