---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-282562"
form_type: "8-K"
ticker: "OSS"
cik: "0001394056"
company_name: "ONE STOP SYSTEMS, INC."
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-21T22:37:24.001697+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# OSS Q3 revenue rises 18% to record $18.8M; net income falls to $133k from $981k

## Summary
- Q3 revenue record $18.8M (+18% YoY); gross margin 27.0% vs 34.5%, hurt by lower military mix.
- GAAP net income $133k ($0.01/sh) vs $981k ($0.05/sh); non-GAAP net income $691k ($0.03/sh) vs $1.5M ($0.08/sh).
- Core OSS revenue $10.7M (+15% YoY); Bressner $8.1M (+21%); military shipments delayed, now resuming.
- Q4 guidance: revenue ~$19.2M (8% YoY growth); full-year record ~$73.4M (18%+ YoY).
- Six new program wins, five for AI Transportables; two autonomous truck customers in top 10; Rigel gaining DOD interest.

## SEC filing metadata
- accession: 0001193125-22-282562
- form_type: 8-K
- ticker: OSS
- cik: 0001394056
- company_name: ONE STOP SYSTEMS, INC.
- filed_at: 2022-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1394056/000119312522282562/0001193125-22-282562-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1394056/000119312522282562/d601287d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-282562
- JSON: https://secwatch.observer/filing/0001193125-22-282562.json
- Plain text: https://secwatch.observer/filing/0001193125-22-282562.txt

## Key facts
- Earnings Releases
  ONE STOP SYSTEMS, INC. reported the third quarter ended September 30, 2022 results: revenue $18.8 million, net income $133,000, EPS $0.01 per basic and diluted share.
  - Period: the third quarter ended September 30, 2022
  - Revenue: $18.8 million
  - Net income: $133,000
  - EPS: $0.01 per basic and diluted share
  - Result: reported results
  source text: Q3 2022 Financial Highlights • Revenue increased 18% to a record $18.8 million. • Operating expenses as a percentage of revenue was 26.1% versus 28.1%. • Net income totaled $133,000 or $0.01 per basic and diluted share, as compared to $981,000 or $0.05 per basic and diluted share in 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1394056/000119312522282562/0001193125-22-282562-index.htm
- Earnings Releases
  ONE STOP SYSTEMS, INC. reported Nine Months Ended September 30, 2022 results: revenue $54.2 million, net income $1.0 million, EPS $0.05 per diluted share.
  - Period: Nine Months Ended September 30, 2022
  - Revenue: $54.2 million
  - Net income: $1.0 million
  - EPS: $0.05 per diluted share
  - Result: reported results
  source text: Nine Months Ended September 30, 2022, Financial Highlights • Revenue increased 23% to a record $54.2 million. • Gross profit increased 6% to $15.4 million. • Operating expenses as a percentage of revenue improved to 26.2% compared to 28.9%. • Net income totaled $1.0 million or $0.05 per diluted share, versus $2.7 million or $0.14 per diluted share for the nine months of 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1394056/000119312522282562/0001193125-22-282562-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.