CPSI · Computer Programs & Systems Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $86.27M | - | $86.11M | $85.73M | $87.21M | - | $83.83M | $84.73M | $83.25M | - |
| Cost of Revenue | $38.35M | - | $42.05M | $41.27M | $39.51M | - | $42.37M | $43.34M | $41.76M | - |
| Gross Profit | $47.92M | - | $44.06M | $44.46M | $47.70M | - | $41.46M | $41.39M | $41.49M | - |
| R&D | $7.45M | - | $8.17M | $8.11M | $8.25M | - | $7.74M | $8.21M | $10.69M | - |
| SG&A | $24.16M | - | $19.42M | $18.08M | $19.46M | - | $19.38M | $18.88M | $19.40M | - |
| Total Operating Expenses | $83.21M | - | $82.04M | $82.10M | $79.05M | - | $81.89M | $86.53M | $84.70M | - |
| D&A | $271.0K | - | $243.0K | $312.0K | $291.0K | - | $279.0K | $400.0K | $400.0K | - |
| Operating Income | $3.06M | - | $4.07M | $3.63M | $8.16M | - | $1.94M | ($3.02M) | ($1.46M) | - |
| Interest Expense | $2.63M | - | $3.00M | $3.06M | $4.07M | - | $3.78M | $4.15M | $4.07M | - |
| Income Tax | $76.0K | - | ($4.25M) | ($1.88M) | $4.46M | - | $7.34M | ($2.12M) | ($1.59M) | - |
| Net Income | $506.0K | - | $5.60M | $2.58M | $459.0K | - | ($9.81M) | ($5.05M) | ($2.52M) | - |
| EPS - Basic | $0.03 | - | $0.37 | $0.17 | $0.03 | - | ($0.66) | ($0.34) | ($0.17) | - |
| EPS - Diluted | $0.03 | - | $0.37 | $0.17 | $0.03 | - | ($0.66) | ($0.34) | ($0.17) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $35.42M | $24.85M | $19.92M | $12.28M | $10.12M | $12.32M | $8.59M | $7.71M | $4.12M | $3.85M |
| Accounts Receivable | $50.91M | $54.97M | $56.77M | $56.43M | $56.58M | $53.75M | $56.68M | $59.60M | $64.22M | $59.72M |
| Inventory | $958.0K | $623.0K | $351.0K | $444.0K | $595.0K | $767.0K | $924.0K | $793.0K | $980.0K | $475.0K |
| Accounts Payable | $22.48M | $19.55M | $20.24M | $19.67M | $14.87M | $15.04M | $14.03M | $15.85M | $11.36M | $10.13M |
| Current Assets | $109.70M | $104.64M | $102.57M | $90.26M | $87.33M | $90.27M | $91.62M | $91.58M | $91.90M | $111.45M |
| Total Assets | $407.54M | $402.53M | $399.41M | $390.15M | $388.84M | $394.43M | $401.53M | $412.29M | $416.42M | $434.42M |
| Current Liabilities | $61.50M | $57.96M | $53.75M | $50.18M | $51.68M | $52.98M | $51.00M | $51.71M | $47.16M | $48.23M |
| Long-term Debt | $160.47M | $161.24M | $161.36M | $163.11M | $164.85M | $168.60M | $173.34M | $176.96M | $181.73M | $195.27M |
| Total Liabilities | $228.85M | $224.57M | $219.05M | $216.98M | $220.33M | $225.74M | $228.89M | $231.19M | $231.74M | $247.80M |
| Stockholders' Equity | $178.69M | $177.96M | $180.36M | $173.17M | $168.51M | $168.69M | $172.65M | $181.10M | $184.67M | $186.62M |
| Retained Earnings | ($11.72M) | ($12.22M) | ($6.31M) | ($11.91M) | ($14.49M) | ($14.95M) | ($9.24M) | $567.0K | $5.62M | $8.13M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $15.45M | - | - | - | $5.76M | - | - | - | ($2.03M) | - |
| Investing Cash Flow | ($2.72M) | - | - | - | ($2.23M) | - | - | - | $16.39M | - |
| Financing Cash Flow | ($2.16M) | - | - | - | ($5.73M) | - | - | - | ($14.05M) | - |
| CapEx | $1.08M | - | - | - | $358.0K | - | - | - | $177.0K | - |
| Free Cash Flow | $14.38M | - | - | - | $5.40M | - | - | - | ($2.21M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 55.5% | - | 51.2% | 51.9% | 54.7% | - | 49.5% | 48.8% | 49.8% | - |
| Operating margin | 3.5% | - | 4.7% | 4.2% | 9.4% | - | 2.3% | -3.6% | -1.8% | - |
| EBITDA margin | 3.9% | - | 5.0% | 4.6% | 9.7% | - | 2.7% | -3.1% | -1.3% | - |
| Net margin | 0.6% | - | 6.5% | 3.0% | 0.5% | - | -11.7% | -6.0% | -3.0% | - |
| Free cash flow margin | 16.7% | - | - | - | 6.2% | - | - | - | -2.7% | - |
| FCF / Net income | 28.41 | - | - | - | 11.77 | - | - | - | 0.88 | - |
| R&D / Revenue | 8.6% | - | 9.5% | 9.5% | 9.5% | - | 9.2% | 9.7% | 12.8% | - |
| SG&A / Revenue | 28.0% | - | 22.5% | 21.1% | 22.3% | - | 23.1% | 22.3% | 23.3% | - |
| Effective tax rate | 13.1% | - | -314.3% | -269.6% | 90.7% | - | - | - | - | - |
| Return on assets | 0.1% | - | 1.4% | 0.7% | 0.1% | - | -2.4% | -1.2% | -0.6% | - |
| Return on equity | 0.3% | - | 3.1% | 1.5% | 0.3% | - | -5.7% | -2.8% | -1.4% | - |
| Return on invested capital | 0.8% | - | 1.2% | 1.1% | 1.2% | - | 0.4% | -0.7% | -0.3% | - |
| Liquidity | ||||||||||
| Current ratio | 1.78 | 1.81 | 1.91 | 1.80 | 1.69 | 1.70 | 1.80 | 1.77 | 1.95 | 2.31 |
| Quick ratio | 1.77 | 1.79 | 1.90 | 1.79 | 1.68 | 1.69 | 1.78 | 1.76 | 1.93 | 2.30 |
| Cash ratio | 0.58 | 0.43 | 0.37 | 0.24 | 0.20 | 0.23 | 0.17 | 0.15 | 0.09 | 0.08 |
| Leverage | ||||||||||
| Debt / Equity | 0.90 | 0.91 | 0.89 | 0.94 | 0.98 | 1.00 | 1.00 | 0.98 | 0.98 | 1.05 |
| Debt / Assets | 0.39 | 0.40 | 0.40 | 0.42 | 0.42 | 0.43 | 0.43 | 0.43 | 0.44 | 0.45 |
| Debt / EBITDA | 48.20 | - | 37.43 | 41.41 | 19.51 | - | 77.98 | - | - | - |
| Interest coverage | 1.2x | - | 1.4x | 1.2x | 2.0x | - | 0.5x | -0.7x | -0.4x | - |
| Equity multiplier | 2.28 | 2.26 | 2.21 | 2.25 | 2.31 | 2.34 | 2.33 | 2.28 | 2.25 | 2.33 |
| Liabilities / Assets | 0.56 | 0.56 | 0.55 | 0.56 | 0.57 | 0.57 | 0.57 | 0.56 | 0.56 | 0.57 |
| Efficiency | ||||||||||
| Asset turnover | 0.21 | - | 0.22 | 0.22 | 0.22 | - | 0.21 | 0.21 | 0.20 | - |
| Inventory turnover | 40.03 | - | 119.79 | 92.95 | 66.41 | - | 45.85 | 54.66 | 42.61 | - |
| Days sales outstanding | 215d | - | 241d | 240d | 237d | - | 247d | 257d | 282d | - |
| Days inventory outstanding | 9d | - | 3d | 4d | 5d | - | 8d | 7d | 9d | - |
| Days payable outstanding | 214d | - | 176d | 174d | 137d | - | 121d | 134d | 99d | - |
| Cash conversion cycle | 11d | - | 68d | 70d | 105d | - | 134d | 130d | 191d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -1.1% | - | 2.7% | 1.2% | 4.8% | - | 1.4% | 0.1% | -3.5% | - |
| Revenue CAGR (3y) | 0.0% | - | 1.3% | 1.2% | 3.8% | - | 6.1% | 7.3% | 7.0% | - |
| Revenue CAGR (5y) | 4.9% | - | 4.7% | - | 7.9% | - | 4.1% | 5.1% | 3.8% | - |
| Gross profit growth (YoY) | 0.5% | - | 6.3% | 7.4% | 15.0% | - | 6.7% | 2.2% | -1.4% | - |
| Operating income growth (YoY) | -62.5% | - | 109.3% | - | - | - | - | -58.4% | - | - |
| Net income growth (YoY) | 10.2% | - | - | - | - | - | -175.4% | -78.0% | - | - |
| EPS growth (YoY) | 0.0% | - | - | - | - | - | -175.0% | -70.0% | - | - |
| EPS CAGR (3y) | -47.7% | - | 35.1% | -6.8% | -62.1% | - | - | - | - | - |
| EPS CAGR (5y) | -36.0% | - | 0.5% | - | -24.2% | - | - | - | - | - |
| FCF growth (YoY) | 166.1% | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | 1.7% | - | - | - | -0.3% | - | - | - | - | - |
| Book value growth (YoY) | 6.0% | 5.5% | 4.5% | -4.4% | -8.8% | -9.6% | -24.3% | -21.4% | -20.9% | -19.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$346.84M totalFinancial Health Segment$221.66M · 63.9%
Patient Care Segment$125.18M · 36.1%
Product / service
$346.84M totalRCMServices$169.98M · 49.0%
Support And Related Services$70.76M · 20.4%
Saa S$38.61M · 11.1%
Medical Coding Technology And Services$34.25M · 9.9%
Hosting And Other Services$13.55M · 3.9%
Software System Licenses And Related Services$13.23M · 3.8%
Consulting And Other Services$3.87M · 1.1%
Professional Services And Other$2.58M · 0.7%
Peer comparison
Same SIC group: Services-Computer Programming Services
Comparing COMPUTER PROGRAMS & SYSTEMS INC against the 5 most active filers in the same SIC group.