One Stop Systems Inc. reported consolidated revenue of $18.8 million for the third quarter of 2025, a 36.9% increase compared to $13.7 million in the third quarter of 2024. The OSS segment revenue rose 43.4% to $9.3 million, with a gross margin of 45.6%. Consolidated gross margin was 35.7% for the quarter. For the nine months ended September 30, 2025, consolidated revenue was $45.1 million, up from $39.6 million in the same period last year. The company raised its full year 2025 consolidated revenue guidance to a range of $63 to $65 million. Business developments during the period included increased revenue from custom server products for a defense customer, higher shipments of data storage products to a defense prime customer, sales to a medical device customer, and shipments for an autonomous maritime application in Asia. The company completed a registered direct offering in October 2025, raising approximately $12.5 million in gross proceeds.
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