Orasure Tech Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Orasure Tech has an operating margin of -15.2%, meaning the company retains $-15 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from 8.1% the prior year.
Orasure Tech's revenue declined 54.2% year-over-year, from $405.5M to $185.8M. This contraction results in a growth score of 0/100.
Orasure Tech carries a low D/E ratio of 0.17, meaning only $0.17 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 9.95, Orasure Tech holds $9.95 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
Orasure Tech has a free cash flow margin of 12.7%, earning a moderate score of 63/100. The company generates positive cash flow after capital investments, but with room for improvement.
Orasure Tech passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Orasure Tech generates $-1.40 in operating cash flow ($27.4M OCF vs -$19.5M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
This page shows Orasure Tech (OSUR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Orasure Tech generated $185.8M in revenue in fiscal year 2024. This represents a decrease of 54.2% from the prior year.
Orasure Tech's EBITDA was -$17.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 132.4% from the prior year.
Orasure Tech generated $23.6M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 82.6% from the prior year.
Orasure Tech reported -$19.5M in net income in fiscal year 2024. This represents a decrease of 136.3% from the prior year.
Orasure Tech earned $-0.26 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 136.1% from the prior year.
Orasure Tech held $267.8M in cash against $0 in long-term debt as of fiscal year 2024.
Orasure Tech had 75M shares outstanding in fiscal year 2024. This represents an increase of 1.5% from the prior year.
Orasure Tech's gross margin was 42.7% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 0.4 percentage points from the prior year.
Orasure Tech's operating margin was -15.2% in fiscal year 2024, reflecting core business profitability. This is down 23.3 percentage points from the prior year.
Orasure Tech's net profit margin was -10.5% in fiscal year 2024, showing the share of revenue converted to profit. This is down 23.7 percentage points from the prior year.
Orasure Tech invested $26.0M in research and development in fiscal year 2024. This represents a decrease of 22.8% from the prior year.
Orasure Tech spent $3.5M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 86.6% from the prior year.
Orasure Tech invested $3.8M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 34.6% from the prior year.
OSUR Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $27.1M-13.3% | $31.2M+4.4% | $29.9M-20.1% | $37.4M-31.1% | $54.3M+0.4% | $54.1M-28.7% | $75.9M-14.9% | $89.2M |
| Cost of Revenue | $15.3M-15.3% | $18.1M+2.6% | $17.6M-26.2% | $23.9M-19.5% | $29.6M-1.4% | $30.1M-26.2% | $40.8M-9.1% | $44.8M |
| Gross Profit | $11.8M-10.5% | $13.2M+7.0% | $12.3M-9.3% | $13.6M-45.1% | $24.7M+2.6% | $24.1M-31.5% | $35.1M-20.8% | $44.3M |
| R&D Expenses | $10.1M-11.4% | $11.4M+18.7% | $9.6M+57.8% | $6.1M-7.8% | $6.6M-14.7% | $7.7M+10.7% | $7.0M-17.9% | $8.5M |
| SG&A Expenses | $11.1M-12.6% | $12.7M-10.1% | $14.1M+9.3% | $12.9M+8.9% | $11.8M+1.8% | $11.6M-16.9% | $14.0M+39.3% | $10.1M |
| Operating Income | -$16.1M+10.7% | -$18.0M-1.6% | -$17.8M-42.9% | -$12.4M-353.2% | -$2.7M+61.4% | -$7.1M-282.0% | $3.9M-64.2% | $10.9M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $47K-97.7% | $2.0M+538.6% | -$456K-160.2% | $758K+99.0% | $381K+2216.7% | -$18K-102.8% | $647K-72.4% | $2.3M |
| Net Income | -$13.7M+30.4% | -$19.7M-22.8% | -$16.0M-48.6% | -$10.8M-1655.1% | -$615K+82.8% | -$3.6M-117.9% | $20.1M+79.9% | $11.2M |
| EPS (Diluted) | $-0.19+26.9% | $-0.26-23.8% | $-0.21-50.0% | $-0.14-1300.0% | $-0.01+80.0% | $-0.05-118.5% | $0.27+80.0% | $0.15 |
OSUR Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $423.1M-4.9% | $445.0M-2.7% | $457.6M-4.6% | $479.7M+2.9% | $466.3M-0.3% | $467.6M-3.2% | $482.8M+5.3% | $458.4M |
| Current Assets | $283.0M-6.1% | $301.4M-3.9% | $313.8M-5.8% | $333.2M-5.1% | $351.1M+0.7% | $348.5M-9.8% | $386.5M+8.4% | $356.5M |
| Cash & Equivalents | $216.5M-7.7% | $234.6M-5.2% | $247.6M-7.5% | $267.8M+3.7% | $258.2M+4.5% | $247.1M-14.9% | $290.4M+33.5% | $217.5M |
| Inventory | $33.4M+0.1% | $33.4M-6.5% | $35.7M+4.3% | $34.2M-10.6% | $38.3M-11.4% | $43.2M-9.3% | $47.6M-19.7% | $59.3M |
| Accounts Receivable | $24.3M-6.2% | $25.9M+20.4% | $21.5M-9.7% | $23.8M-37.5% | $38.1M+11.9% | $34.0M-15.3% | $40.2M-24.8% | $53.4M |
| Goodwill | $41.3M-1.0% | $41.7M+3.2% | $40.4M+0.3% | $40.3M+15.3% | $35.0M-0.6% | $35.2M-1.5% | $35.7M+1.9% | $35.0M |
| Total Liabilities | $61.1M-5.0% | $64.3M+4.9% | $61.3M-11.5% | $69.3M+71.2% | $40.5M-1.9% | $41.3M-20.8% | $52.2M-2.6% | $53.5M |
| Current Liabilities | $40.2M-5.0% | $42.4M+66.6% | $25.4M-24.1% | $33.5M+16.1% | $28.9M-0.9% | $29.1M-26.4% | $39.5M-3.4% | $40.9M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $362.0M-4.9% | $380.7M-3.9% | $396.3M-3.4% | $410.3M-3.6% | $425.8M-0.1% | $426.3M-1.0% | $430.7M+6.4% | $404.9M |
| Retained Earnings | -$152.9M-9.9% | -$139.2M-16.5% | -$119.5M-15.5% | -$103.4M-17.4% | -$88.1M-0.7% | -$87.5M-4.3% | -$83.9M+19.3% | -$104.0M |
OSUR Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$10.1M+1.5% | -$10.2M+48.2% | -$19.7M-18203.7% | $109K-98.6% | $7.8M+16.4% | $6.7M-83.7% | $41.4M+12.0% | $36.9M |
| Capital Expenditures | $919K-52.5% | $1.9M+361.0% | $420K-7.9% | $456K-71.8% | $1.6M+2.4% | $1.6M+22.9% | $1.3M-20.9% | $1.6M |
| Free Cash Flow | -$11.0M+9.6% | -$12.2M+39.7% | -$20.2M-5707.8% | -$347K-105.6% | $6.2M+20.7% | $5.2M-87.1% | $40.1M+13.5% | $35.3M |
| Investing Cash Flow | -$821K+57.6% | -$1.9M-623.2% | $370K+106.7% | -$5.5M-197.0% | $5.7M+112.2% | -$46.5M-252.3% | $30.6M+1288.4% | -$2.6M |
| Financing Cash Flow | -$5.1M+12.4% | -$5.8M-508.4% | -$953K-758.6% | -$111K+94.6% | -$2.0M-57.2% | -$1.3M-265.6% | -$355K+49.6% | -$705K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $5.0M+23.2% | $4.1M+331.3% | $941K-73.5% | $3.5M+342.7% | -$1.5M-200.0% | $1.5M+3747.4% | $38K-81.0% | $200K |
OSUR Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 43.5%+1.3pp | 42.1%+1.0pp | 41.1%+4.9pp | 36.2%-9.2pp | 45.4%+1.0pp | 44.5%-1.8pp | 46.3%-3.4pp | 49.7% |
| Operating Margin | -59.4%-1.7pp | -57.7%+1.6pp | -59.3%-26.1pp | -33.2%-28.1pp | -5.0%+8.1pp | -13.1%-18.2pp | 5.1%-7.1pp | 12.2% |
| Net Margin | -50.6%+12.4pp | -63.0%-9.4pp | -53.6%-24.8pp | -28.8%-27.7pp | -1.1%+5.5pp | -6.6%-33.1pp | 26.5%+13.9pp | 12.5% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | 4.7%+1.9pp | 2.8% |
| Return on Assets | -3.2%+1.2pp | -4.4%-0.9pp | -3.5%-1.3pp | -2.3%-2.1pp | -0.1%+0.6pp | -0.8%-4.9pp | 4.2%+1.7pp | 2.4% |
| Current Ratio | 7.03-0.1 | 7.12-5.2 | 12.34+2.4 | 9.95-2.2 | 12.17+0.2 | 11.97+2.2 | 9.77+1.1 | 8.71 |
| Debt-to-Equity | 0.170.0 | 0.17+0.0 | 0.15-0.0 | 0.17+0.1 | 0.100.0 | 0.10-0.0 | 0.12-0.0 | 0.13 |
| FCF Margin | -40.6%-1.7pp | -38.9%+28.4pp | -67.3%-66.4pp | -0.9%-12.4pp | 11.5%+1.9pp | 9.5%-43.3pp | 52.8%+13.2pp | 39.6% |
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Frequently Asked Questions
What is Orasure Tech's annual revenue?
Orasure Tech (OSUR) reported $185.8M in total revenue for fiscal year 2024. This represents a -54.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Orasure Tech's revenue growing?
Orasure Tech (OSUR) revenue declined by 54.2% year-over-year, from $405.5M to $185.8M in fiscal year 2024.
Is Orasure Tech profitable?
No, Orasure Tech (OSUR) reported a net income of -$19.5M in fiscal year 2024, with a net profit margin of -10.5%.
What is Orasure Tech's earnings per share (EPS)?
Orasure Tech (OSUR) reported diluted earnings per share of $-0.26 for fiscal year 2024. This represents a -136.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Orasure Tech's EBITDA?
Orasure Tech (OSUR) had EBITDA of -$17.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Orasure Tech's gross margin?
Orasure Tech (OSUR) had a gross margin of 42.7% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Orasure Tech's operating margin?
Orasure Tech (OSUR) had an operating margin of -15.2% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Orasure Tech's net profit margin?
Orasure Tech (OSUR) had a net profit margin of -10.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Orasure Tech's free cash flow?
Orasure Tech (OSUR) generated $23.6M in free cash flow during fiscal year 2024. This represents a -82.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Orasure Tech's operating cash flow?
Orasure Tech (OSUR) generated $27.4M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Orasure Tech's total assets?
Orasure Tech (OSUR) had $479.7M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Orasure Tech's capital expenditures?
Orasure Tech (OSUR) invested $3.8M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Orasure Tech spend on research and development?
Orasure Tech (OSUR) invested $26.0M in research and development during fiscal year 2024.
Does Orasure Tech buy back shares?
Yes, Orasure Tech (OSUR) spent $3.5M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Orasure Tech have outstanding?
Orasure Tech (OSUR) had 75M shares outstanding as of fiscal year 2024.
What is Orasure Tech's current ratio?
Orasure Tech (OSUR) had a current ratio of 9.95 as of fiscal year 2024, which is generally considered healthy.
What is Orasure Tech's debt-to-equity ratio?
Orasure Tech (OSUR) had a debt-to-equity ratio of 0.17 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Orasure Tech's return on assets (ROA)?
Orasure Tech (OSUR) had a return on assets of -4.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Orasure Tech's Piotroski F-Score?
Orasure Tech (OSUR) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Orasure Tech's earnings high quality?
Orasure Tech (OSUR) has an earnings quality ratio of -1.40x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Orasure Tech?
Orasure Tech (OSUR) scores 53 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.