One Stop Systems Reports Q3 2026 Results
Key Highlights
- ➤Q3 revenue $12.6 million, up 35.9% year-over-year
- ➤Year-to-date book-to-bill reached 1.46x, signaling strong demand
- ➤2026 revenue growth guidance raised to approximately 40% from 25%-30%
- ➤Q3 adjusted EBITDA rose 33.7% year-over-year to $0.3 million
- ➤Nine-month operating cash use reached $12.4 million, including $6.25 million settlement
Expert Statements
Mike Knowles, President and CEO of One Stop Systems
“Our third quarter results were better than expected and reflect accelerating momentum across our business, supported by growing demand for our Enterprise Class compute solutions and the expanding diversity of our customer base.”
Mike Knowles, President and CEO of One Stop Systems
“We are particularly encouraged by the composition of our third quarter revenue growth, which was primarily driven by higher sales to commercial customers across healthcare, commercial aerospace, and specialized data center applications, complementing our established strength and continued momentum in defense markets.”
Mike Knowles, President and CEO of One Stop Systems
“Expanding customer diversification, combined with higher average order values, reflects growing demand for our differentiated compute solutions across multiple end markets.”
Mike Knowles, President and CEO of One Stop Systems
“Our pipeline remains robust, with a year-to-date book-to-bill ratio of 1.46x reflecting strong underlying demand for our solutions.”
Mike Knowles, President and CEO of One Stop Systems
“While third quarter bookings were influenced by the timing of customer orders, we expect several large, multimillion-dollar orders to close during the fourth quarter and continue to advance what we believe to be potentially transformative opportunities across our core defense and commercial markets.”
Mike Knowles, President and CEO of One Stop Systems
“We believe these opportunities reflect our strengthening competitive position and provide a solid foundation for sustained growth.”
Mike Knowles, President and CEO of One Stop Systems
“Third quarter adjusted EBITDA increased 33.7% year-over-year to $0.3 million.”
Mike Knowles, President and CEO of One Stop Systems
“Excluding these two items, third quarter adjusted EBITDA would have been approximately $1.2 million, or nearly 10% of third quarter total revenue, demonstrating the underlying profitability and operating leverage of our business.”
Mike Knowles, President and CEO of One Stop Systems
“We are excited about the opportunities ahead in the fourth quarter and as we enter 2027, and remain confident in our ability to drive sustainable, profitable growth and long-term shareholder value.”
Year-over-year revenue growth for the third quarter of 35.9% driven primarily by expanding commercial customer base across healthcare, aerospace and data center markets
Year-to-date book-to-bill of 1.46x reflects strong demand and robust pipeline across defense and commercial markets
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