One Stop Systems
Table of Contents

⚠ Disclaimer: This entry may be incomplete, out of date, or inaccurate. It is AI-maintained on a best-effort basis. Do not rely on it as a sole source — verify claims independently using the sources listed below.

Summary

One Stop Systems (NASDAQ: OSS) builds rugged GPU servers and storage for airborne, maritime and ground platforms, selling mainly to defense primes and integrators. FY2025 revenue from continuing operations was $32.2M (+31.2%) after the Bressner Technology sale. Q2 2026 revenue was $9.3M (+62.3%) with record bookings of $15.1M, and management raised 2026 growth guidance to 25% to 30%. A $6.25M legal settlement charge pushed Q2 loss from continuing operations to $7.3M.

Key Facts

  • Ticker: NASDAQ: OSS; joined the Russell 2000 index in June 2026 per company release
  • HQ: Escondido, CA (not re-verified in this review)
  • Value chain position: system supplier at the rack/server tier
  • CEO: Mike Knowles, President and CEO (quoted in the August 2026 release)
  • FY2025 (continuing operations): revenue $32.2M (+31.2%); gross margin 49.6%; net loss $3.1M; book-to-bill 1.2x
  • Q4 2025: revenue $12.0M (+70.2%); gross margin 58.5%
  • Q2 2026: revenue $9.3M (+62.3%); bookings $15.1M (company record); gross margin 39.1%; loss from continuing operations $7.3M including a $6.25M legal settlement charge
  • H1 2026: revenue $17.4M (+58.8%)
  • Balance sheet (2026-06-30): cash and short-term investments $31.4M; working capital $38.1M
  • 2026 guidance (raised 2026-08-05): revenue growth 25–30%, gross margin about 40%, positive EBITDA
  • Divestiture: Bressner Technology GmbH sold 2025-12-30 for about $22.4M (per CEO); pre-tax gain $6.7M
  • Programs: P-8A Poseidon, Virginia-class sonar, USSOCOM CRADA, a new DoD intelligence platform expected to generate about $44M over four years

What It Is / How It Works

OSS packages high-density GPU and PCIe compute for environments commercial servers cannot tolerate: shock, vibration, altitude and tight bay volumes. It sells at the rack/server tier, in contrast to VPX module vendors such as Mercury Systems and Curtiss-Wright.

Navy programs. On 2025-02-28 OSS announced $6M of renewals: $4M for P-8A Poseidon radar processing (five-year support extension, NVMe storage and data-transport software) and $2M for Virginia-class sonar processing, which the report describes as extending a sole-source role dating to 2010. On 2026-02-19 it announced $10.5M of new P-8A awards.

USSOCOM CRADA. OSS has a Cooperative Research and Development Agreement with US Special Operations Command to develop rugged HPEC solutions for maritime platforms. A CRADA is a joint R&D mechanism, not a production contract; the announcement date was not confirmed (a TipRanks page was last updated 2025-05-29).

Tamarack-G. On 2026-10-12 OSS unveiled Tamarack-G, described as a next-generation OCP/VPX hybrid system, at AUSA 2026. The press-release index reviewed gives no specifications.

Notable Developments

  • 2026-10-12: Tamarack-G unveiled at AUSA 2026.
  • 2026-10-08: $1M follow-on production order from a defense and intelligence contractor.
  • 2026-09-16: award supporting the US Missile Defense Agency.
  • 2026-08-19: new US Navy relationship with a $1.3M rugged data storage order.
  • 2026-08-05: Q2 2026 results and raised guidance. (OSS)
  • 2026-06-18: Paul Averna appointed VP of Business Development and Growth.
  • 2026-03-18: FY2025 results; Bressner sale detailed. (StreetInsider)
  • 2026-02-19: $10.5M of new P-8A Poseidon awards.
  • 2025-02-28: $6M P-8A and Virginia-class renewals. (EdgeIR)

Key People

Mike Knowles — President and CEO

  • LinkedIn: not re-verified
  • Role: quoted as President and CEO in the 2026-08-05 release (OSS)

Paul Averna — VP, Business Development and Growth

Prior employers were not confirmed from fetched sources.

People — Last Reviewed: 2026-10-23

Claim Verification

Claim: 9.9 PetaOPS INT8 at maximum density

Status: Unverified

Supporting sources:

  • None. The 2026 press-release index reviewed contains no AIFLY or PetaOPS performance claims.

Refuting / questioning sources:

  • A peak INT8 rating would not reflect sustained throughput in a rugged enclosure, and no independent benchmark was found.

Summary: Removed from Key Facts until a current OSS source is found.

Claim: P-8A Poseidon and Virginia-class awards

Status: Verified

Supporting sources:

Summary: Both programs are confirmed in company announcements.

Claim: FY2025 revenue

Status: Verified

Supporting sources:

  • StreetInsider — continuing-operations revenue $32.2M for FY2025

Summary: Continuing operations exclude Bressner.

Claim: US Army combat vehicle order of $1.2M

Status: Unverified

Summary: No source found.

Sources

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