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Side-by-side financial comparison of CSW INDUSTRIALS, INC. (CSW) and OSI SYSTEMS INC (OSIS). Click either name above to swap in a different company.

OSI SYSTEMS INC is the larger business by last-quarter revenue ($464.1M vs $233.0M, roughly 2.0× CSW INDUSTRIALS, INC.). OSI SYSTEMS INC runs the higher net margin — 8.3% vs 4.4%, a 3.9% gap on every dollar of revenue. On growth, CSW INDUSTRIALS, INC. posted the faster year-over-year revenue change (20.3% vs 10.5%). OSI SYSTEMS INC produced more free cash flow last quarter ($55.5M vs $22.7M). Over the past eight quarters, OSI SYSTEMS INC's revenue compounded faster (7.0% CAGR vs 5.1%).

OSI Systems, Inc. is an American company based in California that develops and markets security and inspection systems such as airport security X-ray machines and metal detectors, medical monitoring and anesthesia systems, and optoelectronic devices. As of June 2010, the company employs approximately 3,180 personnel globally and includes subsidiary companies Spacelabs Healthcare, Rapiscan Systems and OSI Optoelectronics.

CSW vs OSIS — Head-to-Head

Bigger by revenue
OSIS
OSIS
2.0× larger
OSIS
$464.1M
$233.0M
CSW
Growing faster (revenue YoY)
CSW
CSW
+9.8% gap
CSW
20.3%
10.5%
OSIS
Higher net margin
OSIS
OSIS
3.9% more per $
OSIS
8.3%
4.4%
CSW
More free cash flow
OSIS
OSIS
$32.8M more FCF
OSIS
$55.5M
$22.7M
CSW
Faster 2-yr revenue CAGR
OSIS
OSIS
Annualised
OSIS
7.0%
5.1%
CSW

Income Statement — Q3 FY2026 vs Q2 FY2026

Metric
CSW
CSW
OSIS
OSIS
Revenue
$233.0M
$464.1M
Net Profit
$10.3M
$38.7M
Gross Margin
39.7%
32.7%
Operating Margin
7.4%
12.7%
Net Margin
4.4%
8.3%
Revenue YoY
20.3%
10.5%
Net Profit YoY
-61.9%
2.3%
EPS (diluted)
$0.62
$2.22

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CSW
CSW
OSIS
OSIS
Q4 25
$233.0M
$464.1M
Q3 25
$277.0M
$384.6M
Q2 25
$263.6M
$505.0M
Q1 25
$230.5M
$444.4M
Q4 24
$193.6M
$419.8M
Q3 24
$227.9M
$344.0M
Q2 24
$226.2M
$480.9M
Q1 24
$210.9M
$405.4M
Net Profit
CSW
CSW
OSIS
OSIS
Q4 25
$10.3M
$38.7M
Q3 25
$40.7M
$20.6M
Q2 25
$40.9M
$52.7M
Q1 25
$35.1M
$41.1M
Q4 24
$26.9M
$37.8M
Q3 24
$36.1M
$17.9M
Q2 24
$38.6M
$44.7M
Q1 24
$31.8M
$34.0M
Gross Margin
CSW
CSW
OSIS
OSIS
Q4 25
39.7%
32.7%
Q3 25
43.0%
32.0%
Q2 25
43.8%
33.3%
Q1 25
44.2%
33.8%
Q4 24
41.4%
35.1%
Q3 24
45.6%
35.3%
Q2 24
47.5%
32.1%
Q1 24
44.4%
33.6%
Operating Margin
CSW
CSW
OSIS
OSIS
Q4 25
7.4%
12.7%
Q3 25
20.5%
8.6%
Q2 25
20.8%
14.5%
Q1 25
19.5%
12.7%
Q4 24
15.3%
13.8%
Q3 24
22.6%
8.8%
Q2 24
24.3%
13.1%
Q1 24
21.0%
12.7%
Net Margin
CSW
CSW
OSIS
OSIS
Q4 25
4.4%
8.3%
Q3 25
14.7%
5.3%
Q2 25
15.5%
10.4%
Q1 25
15.2%
9.3%
Q4 24
13.9%
9.0%
Q3 24
15.8%
5.2%
Q2 24
17.1%
9.3%
Q1 24
15.1%
8.4%
EPS (diluted)
CSW
CSW
OSIS
OSIS
Q4 25
$0.62
$2.22
Q3 25
$2.41
$1.18
Q2 25
$2.43
$3.04
Q1 25
$2.05
$2.40
Q4 24
$1.60
$2.22
Q3 24
$2.26
$1.05
Q2 24
$2.47
$2.57
Q1 24
$2.03
$1.95

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CSW
CSW
OSIS
OSIS
Cash + ST InvestmentsLiquidity on hand
$40.2M
$336.7M
Total DebtLower is stronger
$1.0B
Stockholders' EquityBook value
$1.1B
$845.5M
Total Assets
$2.3B
$2.5B
Debt / EquityLower = less leverage
1.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSW
CSW
OSIS
OSIS
Q4 25
$40.2M
$336.7M
Q3 25
$31.5M
$124.4M
Q2 25
$38.0M
$106.4M
Q1 25
$225.8M
$95.8M
Q4 24
$213.8M
$101.6M
Q3 24
$273.2M
$85.1M
Q2 24
$18.9M
$95.4M
Q1 24
$22.2M
$101.4M
Total Debt
CSW
CSW
OSIS
OSIS
Q4 25
$1.0B
Q3 25
$442.2M
Q2 25
$471.6M
Q1 25
$800.1M
$473.2M
Q4 24
$474.8M
Q3 24
$476.3M
Q2 24
$137.6M
Q1 24
$166.0M
Stockholders' Equity
CSW
CSW
OSIS
OSIS
Q4 25
$1.1B
$845.5M
Q3 25
$1.1B
$946.0M
Q2 25
$1.1B
$951.1M
Q1 25
$1.1B
$879.3M
Q4 24
$1.0B
$825.8M
Q3 24
$1.0B
$786.5M
Q2 24
$650.2M
$863.5M
Q1 24
$615.7M
$813.4M
Total Assets
CSW
CSW
OSIS
OSIS
Q4 25
$2.3B
$2.5B
Q3 25
$1.5B
$2.3B
Q2 25
$1.5B
$2.2B
Q1 25
$1.4B
$2.1B
Q4 24
$1.4B
$2.1B
Q3 24
$1.4B
$2.1B
Q2 24
$1.1B
$1.9B
Q1 24
$1.0B
$1.8B
Debt / Equity
CSW
CSW
OSIS
OSIS
Q4 25
1.19×
Q3 25
0.47×
Q2 25
0.50×
Q1 25
0.75×
0.54×
Q4 24
0.57×
Q3 24
0.61×
Q2 24
0.16×
Q1 24
0.27×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CSW
CSW
OSIS
OSIS
Operating Cash FlowLast quarter
$28.9M
$62.2M
Free Cash FlowOCF − Capex
$22.7M
$55.5M
FCF MarginFCF / Revenue
9.8%
12.0%
Capex IntensityCapex / Revenue
2.6%
1.4%
Cash ConversionOCF / Net Profit
2.81×
1.61×
TTM Free Cash FlowTrailing 4 quarters
$162.0M
$137.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSW
CSW
OSIS
OSIS
Q4 25
$28.9M
$62.2M
Q3 25
$61.8M
$17.1M
Q2 25
$60.6M
$562.0K
Q1 25
$27.3M
$81.6M
Q4 24
$11.6M
$52.5M
Q3 24
$66.8M
$-37.2M
Q2 24
$62.7M
$-29.0M
Q1 24
$22.4M
$-52.1M
Free Cash Flow
CSW
CSW
OSIS
OSIS
Q4 25
$22.7M
$55.5M
Q3 25
$58.7M
$10.1M
Q2 25
$57.7M
$-5.6M
Q1 25
$22.8M
$77.1M
Q4 24
$8.5M
$47.1M
Q3 24
$61.3M
$-44.9M
Q2 24
$59.6M
$-37.5M
Q1 24
$17.5M
$-57.0M
FCF Margin
CSW
CSW
OSIS
OSIS
Q4 25
9.8%
12.0%
Q3 25
21.2%
2.6%
Q2 25
21.9%
-1.1%
Q1 25
9.9%
17.4%
Q4 24
4.4%
11.2%
Q3 24
26.9%
-13.0%
Q2 24
26.3%
-7.8%
Q1 24
8.3%
-14.1%
Capex Intensity
CSW
CSW
OSIS
OSIS
Q4 25
2.6%
1.4%
Q3 25
1.1%
1.8%
Q2 25
1.1%
1.2%
Q1 25
2.0%
1.0%
Q4 24
1.6%
1.3%
Q3 24
2.4%
2.2%
Q2 24
1.4%
1.8%
Q1 24
2.3%
1.2%
Cash Conversion
CSW
CSW
OSIS
OSIS
Q4 25
2.81×
1.61×
Q3 25
1.52×
0.83×
Q2 25
1.48×
0.01×
Q1 25
0.78×
1.98×
Q4 24
0.43×
1.39×
Q3 24
1.85×
-2.07×
Q2 24
1.62×
-0.65×
Q1 24
0.71×
-1.53×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CSW
CSW

Contractor Solutions Segment$166.3M71%
Specialized Reliability Solutions Segment$38.2M16%
Engineered Building Solutions Segment$28.5M12%

OSIS
OSIS

Security Division$334.7M72%
Optoelectronics And Manufacturing Division$92.8M20%
Healthcare Division$36.5M8%

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