One Stop Systems reported robust growth for the third quarter of 2026, driven by a 35.9% increase in revenue from continuing operations. The expansion was primarily fueled by new commercial customer wins in the healthcare, aerospace, and data center markets, alongside higher production volumes for existing defense programs. Management significantly raised its full-year revenue growth outlook to 40%.
Key Highlights
- Revenue from continuing operations reached $12.6 million, up from $9.3 million in the prior year period.
- Full-year 2026 revenue growth guidance was raised to approximately 40%, up from the previous range of 25% to 30%.
- Year-to-date book-to-bill ratio of 1.46x reflects a strong pipeline, with multimillion-dollar orders expected to close in the fourth quarter.
- Adjusted EBITDA increased 33.7% to $0.3 million; excluding $0.9 million in bad debt and legal settlement expenses, adjusted EBITDA would have reached $1.2 million or 10% of revenue.