One Stop Systems reported second-quarter revenue of $9.3 million, a 62.3% year-over-year increase, and raised its full-year 2026 revenue growth guidance to a range of 25% to 30%, up from a prior range of 20% to 25%. The company achieved record quarterly bookings of $15.1 million, bringing year-to-date bookings to $30 million and resulting in a book-to-bill ratio of 1.7. Customer-funded development revenue grew 145% to $944,000, while gross margin declined to 39.1% from 41.3% due to a higher mix of early-stage, lower-margin projects. A one-time legal settlement charge of $6.25 million led to a GAAP net loss of $7.3 million, or $0.29 per share, but non-GAAP net loss was $0.2 million, or $0.01 per share, and adjusted EBITDA loss improved to $0.3 million from a loss of $1.8 million a year earlier. The company ended the quarter with $31.4 million in cash and no debt, and management highlighted 14 programs with estimated multiyear revenue potential exceeding $42 million.
One Stop Systems IncRecord bookings and raised revenue guidance indicate strong customer demand.
