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One Stop Systems, Inc.

OSS NASDAQ Categories PDF
Technology · Computer Hardware
Escondido, CA 92029, United States IPO 2018 onestopsystems.com Updated Jun 27, 10:07am
Price
$16.24
Market Cap
$402.2M
Employees
103
Beta
1.43
Avg Volume
1,694,474
CEO
Michael Knowles
Business Description

One Stop Systems, Inc. (OSS) is a key developer and producer of high-performance computing (HPC) modules and systems, specifically tailored for demanding edge deployments both domestically and across global markets. These advanced systems are engineered around cutting-edge graphical processing unit (GPU) and solid-state flash technologies. OSS's comprehensive product portfolio encompasses custom servers, sophisticated data acquisition platforms, powerful compute accelerators, and high-speed solid-state storage arrays. It also includes various PCIe expansion solutions and system I/O expansion units, alongside industrial and panel PCs optimized for edge environments. Furthermore, the company supplies robust mobile tablets and handheld devices, purpose-built to withstand challenging environmental conditions often encountered in edge applications. Serving a diverse client base, OSS distributes its offerings to multinational corporations, government entities, defense contractors, and leading technology providers. Sales channels are varied, including direct sales teams, an online presence (website and web store), dedicated OEM partnerships, and an extensive network of authorized resellers and distributors. Established in 1998, One Stop Systems, Inc. maintains its headquarters in Escondido, California.

Business History
Price Overview
Last updated: Jun 27, 2026 10:07am (just now)
$16.24
+0.04 (+0.25%)
Day Range
$15.51 – $16.35
52-Week Range
$3.46 – $20.88
50-Day MA
$14.94
200-Day MA
$9.33
Volume
3,785,536.00
Analyst Price Targets
Low $18.00
Consensus $19.00
High $21.00
(10 analysts)
Share Structure
Outstanding 24,769,017.00
Float 21,476,224.00
Free Float 86.7%
High free float — 86.7% of shares trade freely, ~13.3% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Last updated: Jun 27, 2026 10:07am (just now)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Jun 22, 2026 7:16am (5d ago)
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
API
Stock Price / EPS (Diluted)
60.86
Stock Price: $16.24
EPS (Diluted): 0.23
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
3.50
Stock Price: $16.24
Total Equity: $46.01M
Shares: 23,205,705
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
-424.08
Market Cap: $402.25M
Total Debt: $0.00
Cash: $31.17M
EBITDA: -$2.09M
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$131.1M
Market Cap: $402.25M
Total Debt: $0.00
Cash: $31.17M
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
46.5%
Gross Profit: $14.99M
Revenue: $32.22M
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
-10.5%
Operating Income: -$3.38M
Revenue: $32.22M
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
15.8%
Net Income: $5.09M
Revenue: $32.22M
ROE (Profit from shareholder equity)
API
Net Income / Total Equity
18.3%
Net Income: $5.09M
Total Equity: $46.01M
ROIC (Profit from all invested capital)
API
NOPAT / Invested Capital
-4.5%
Operating Income: -$3.38M
Tax Rate: -0.4%
Equity: $46.01M
Total Debt: $0.00
Cash: $31.17M
Zero debt — invested capital = equity minus cash (very efficient)
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
9.13
Current Assets: $50.82M
Current Liabilities: $5.57M
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
0.00
Short-Term Debt: $0.00
Long-Term Debt: $0.00
Total Debt: $0.00
Total Equity: $46.01M
Zero debt — this company carries no debt obligations. Strongest possible score.
Rev/Share (Top-line per share)
CALC
Revenue / Shares Outstanding
$1.39
Revenue: $32.22M
Shares: 23,205,705
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$1.98
Total Equity: $46.01M
Shares: 23,205,705
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$-0.28
Operating CF: -$6.29M
CapEx: -$114,596
Shares: 23,205,705
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $16.24
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
Dividends Paid: N/A
Net Income: $5.09M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares OSS against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 22, 2026 7:16am (5d ago)
Metric 2021 2022 2023 2024 2025
Revenue $62.0M $72.4M $60.9M $54.7M $32.2M
Cost of Revenue $42.3M $52.0M $42.9M $47.0M $17.2M
Gross Profit $19.6M $20.4M $18.0M $7.7M $15.0M
Operating Expenses $17.9M $18.8M $25.9M $21.1M $18.4M
Operating Income $1.7M $1.6M -$7.9M -$13.4M -$3.4M
Net Income $2.3M -$2.2M -$6.7M -$13.6M $5.1M
EBITDA $4.9M $3.4M -$3.4M -$11.4M -$2.1M
EPS $0.13 $-0.11 $-0.32 $-0.65 $0.23
EPS (Diluted)
Balance Sheet (Annual)
Last updated: Jun 22, 2026 7:16am (5d ago)
Metric 2021 2022 2023 2024 2025
Cash & Equivalents $5.1M $3.1M $4.0M $6.8M $31.2M
Total Current Assets $37.6M $45.8M $42.4M $32.2M $50.8M
Total Assets $51.6M $56.4M $48.3M $36.9M $52.8M
Current Liabilities $9.6M $11.1M $6.9M $8.2M $5.6M
Long-Term Debt $0 $409,294 $0 $0 $0
Total Liabilities $9.6M $12.0M $8.7M $9.8M $6.8M
Total Equity $42.0M $44.3M $39.6M $27.2M $46.0M
Retained Earnings $571,037 -$1.7M -$8.4M -$22.1M -$17.0M
Cash Flow (Annual)
Last updated: Jun 22, 2026 7:16am (5d ago)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow $5.6M -$7.8M $-439,679 $-108,098 -$6.3M
Capital Expenditure $-563,815 $-529,908 $-821,753 $-362,748 $-114,596
Free Cash Flow $5.1M -$8.3M -$1.3M $-470,846 -$6.4M
Acquisitions (net) $0 $0 $0 $0 $0
Debt Repayment
Dividends Paid
Stock Buybacks $0 $0 $0 $0 $0
Net Change in Cash -$1.2M -$2.0M $936,752 $2.7M $26.6M
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 10:07am (just now)
Metric 2024 2025 2026 2027
Revenue $54.6M
$53.7M – $55.2M
$52.7M
$51.9M – $53.3M
$40.2M
$39.6M – $40.7M
$49.3M
$48.6M – $49.9M
EBITDA -$2.2M
-$2.2M – -$2.2M
-$2.1M
-$2.1M – -$2.1M
-$1.6M
-$1.6M – -$1.6M
-$2.0M
-$2.0M – -$2.0M
Net Income -$8.5M
-$8.6M – -$8.3M
-$2.9M
-$3.0M – -$2.9M
$231,417
$227,451 – $235,383
$2.2M
$2.1M – $2.2M
EPS
Growth Trends (YoY %)
Last updated: Jun 22, 2026 7:16am (5d ago)
Metric 2022 2023 2024 2025
Revenue Growth +16.8% -15.9% -10.2% -41.1%
Gross Profit Growth +3.9% -12.0% -57.0% +94.2%
Operating Income Growth -10.2% -605.2% -68.6% +74.7%
Net Income Growth -195.6% -201.3% -103.0% +137.3%
EBITDA Growth -31.1% -198.4% -240.5% +81.7%
Insider Trading (Recent)
Type codes PPurchase SSale AAward / grant MOption exercise FIn-kind (tax) CConversion GGift DReturn to issuer
All SEC Form 4 codes
Open market
P Purchase
Open-market or private purchase of shares.
S Sale
Open-market or private sale of shares.
Compensation (Rule 16b-3)
A Award / grant
Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
D Return to issuer
Securities disposed back to the company under Rule 16b-3.
F In-kind (tax)
Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
I Discretionary
Discretionary transaction under an employee plan — Rule 16b-3(f).
M Option exercise
Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
C Conversion
Conversion of a derivative security into the underlying shares.
E Short expiration
Expiration of a short derivative position.
H Long expiration
Expiration or cancellation of a long derivative position with value received.
O OTM exercise
Exercise of an out-of-the-money derivative.
X ITM exercise
Exercise of an in-the-money or at-the-money derivative.
Other exempt
G Gift
Bona fide gift of securities.
L Small acquisition
Small acquisition under Rule 16a-6.
W Inheritance
Acquisition or disposition by will or the laws of descent.
Z Voting trust
Deposit into or withdrawal from a voting trust.
Other
J Other
Other acquisition or disposition (explained in a Form 4 footnote).
K Equity swap
Transaction in an equity swap or similar instrument.
U Tender / buyout
Disposition via tender of shares in a change-of-control transaction.

Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.

Date Insider Type Shares Price Value
2026-06-05 KNOWLES MICHAEL F-InKind 19,675.00 $16.89 $332,311
2026-05-11 Gabel Daniel G. F-InKind 1,613.00 $15.68 $25,292
2026-05-20 BASSETT DAVID GEORGE A-Award 11,984.00 $0.00 $0
2026-05-26 BASSETT DAVID GEORGE S-Sale 8,000.00 $17.64 $141,120
2025-05-21 BASSETT DAVID GEORGE A-Award 21,000.00 $0.00 $0
2026-05-20 Matz Gregory W A-Award 11,984.00 $0.00 $0
2026-05-26 Matz Gregory W S-Sale 8,000.00 $17.52 $140,160
2026-05-20 Dumont Michael J. A-Award 11,984.00 $0.00 $0
2026-05-20 Herbets Mitchell H A-Award 11,984.00 $0.00 $0
2026-05-26 Herbets Mitchell H S-Sale 5,000.00 $17.62 $88,100
2025-05-21 KNOWLES MICHAEL A-Award 0.00 $0.00 $0
2026-02-15 Ison James G-Gift 4,263.00 $0.00 $0
2026-02-07 Ison James G-Gift 8,213.00 $0.00 $0
2026-02-07 Ison James A-Award 34,313.00 $0.00 $0
2026-02-07 Ison James F-InKind 6,546.00 $9.24 $60,485
2026-02-15 Ison James F-InKind 3,120.00 $8.70 $27,144
2026-02-15 Ison James G-Gift 4,263.00 $0.00 $0
2026-02-07 Ison James G-Gift 8,213.00 $0.00 $0
2026-02-07 Gabel Daniel G. F-InKind 7,799.00 $9.24 $72,063
2026-02-07 KNOWLES MICHAEL F-InKind 13,298.00 $9.24 $122,874
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for OSS — it's generated by the pipeline (market-narrative step).
Community AI Feedback
No community reviews yet for OSS. Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes personal — only you see this
Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30