CSPI · Csp Inc /Ma/ - 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 | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $16.01M | $12.04M | $15.45M | $13.15M | $15.67M | $13.11M | $13.71M | $15.38M | $17.71M | $13.27M |
| Cost of Revenue | $11.54M | $7.30M | $10.99M | $8.94M | $11.11M | $8.52M | $7.23M | $11.28M | $11.78M | $8.28M |
| Gross Profit | $4.47M | $4.74M | $4.45M | $4.21M | $4.56M | $4.58M | $6.48M | $4.09M | $5.93M | $4.99M |
| R&D | $818.0K | $858.0K | $791.0K | $763.0K | $786.0K | $737.0K | $726.0K | $700.0K | $741.0K | $858.0K |
| SG&A | $4.50M | $3.99M | $4.88M | $4.44M | $4.13M | $4.57M | $4.52M | $3.74M | $4.61M | $3.90M |
| Total Operating Expenses | $5.32M | $4.85M | $5.68M | $5.20M | $4.92M | $5.30M | $5.24M | $4.44M | $5.35M | $4.75M |
| D&A | $68.0K | $62.0K | $65.0K | $59.0K | $63.0K | $74.0K | $75.0K | $79.0K | $91.0K | $88.0K |
| Operating Income | ($851.0K) | ($112.0K) | ($1.22M) | ($994.0K) | ($354.0K) | ($720.0K) | $1.23M | ($343.0K) | $575.0K | $237.0K |
| Interest Expense | $167.0K | $77.0K | - | - | - | - | - | - | - | - |
| Income Tax | ($568.0K) | $280.0K | ($751.0K) | ($683.0K) | ($115.0K) | ($75.0K) | $135.0K | $13.0K | ($1.69M) | $71.0K |
| Net Income | $264.0K | $91.0K | ($264.0K) | ($108.0K) | $472.0K | ($185.0K) | $1.59M | ($73.0K) | $2.51M | $321.0K |
| EPS - Basic | $0.03 | $0.01 | ($0.03) | ($0.01) | $0.05 | ($0.02) | $0.16 | ($0.01) | $0.27 | $0.04 |
| EPS - Diluted | $0.03 | $0.01 | ($0.03) | ($0.01) | $0.05 | ($0.02) | $0.16 | ($0.01) | $0.26 | $0.04 |
Balance Sheet
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $23.10M | $24.93M | $27.42M | $29.50M | $30.65M | $30.59M | $27.12M | $25.61M | $25.22M | $13.31M |
| Accounts Receivable | $13.55M | $11.79M | $12.00M | $13.64M | $14.89M | - | $67.0K | $12.96M | - | - |
| Inventory | $1.55M | $2.37M | $1.44M | $2.11M | $1.96M | $2.29M | $1.48M | $6.96M | $2.54M | $6.34M |
| Accounts Payable | - | - | $13.46M | - | - | $6.95M | - | - | $6.72M | - |
| Current Assets | $49.04M | $49.16M | $52.32M | $50.34M | $52.19M | $54.85M | $50.86M | $53.62M | $50.36M | $50.90M |
| Total Assets | $70.32M | $69.15M | $71.16M | $67.12M | $67.52M | $69.44M | $64.20M | $67.43M | $65.90M | $66.02M |
| Current Liabilities | $18.56M | $17.86M | $22.18M | $15.06M | $16.56M | $18.68M | $12.54M | $16.98M | $15.66M | $19.52M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $25.30M | $24.34M | $26.61M | $19.67M | $20.07M | $22.17M | $15.95M | $20.95M | $19.76M | $24.58M |
| Stockholders' Equity | $45.02M | $44.81M | $44.55M | $47.45M | $47.46M | $47.27M | $48.25M | $46.47M | $46.15M | $41.45M |
| Retained Earnings | $27.32M | $27.49M | $27.70M | $29.23M | $30.02M | $29.85M | $15.0K | $31.03M | $31.31M | $27.77M |
Cash Flow
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | ($2.92M) | - | - | $1.74M | - | - | $1.67M | - | - |
| Investing Cash Flow | - | ($105.0K) | - | - | ($47.0K) | - | - | ($126.0K) | - | - |
| Financing Cash Flow | - | $533.0K | - | - | ($1.59M) | - | - | ($1.18M) | - | - |
| CapEx | - | $105.0K | - | - | $47.0K | - | - | $120.0K | - | - |
| Free Cash Flow | - | ($3.02M) | - | - | $1.69M | - | - | $1.55M | - | - |
Ratios
| Metric | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 27.9% | 39.3% | 28.8% | 32.0% | 29.1% | 35.0% | 47.3% | 26.6% | 33.5% | 37.6% |
| Operating margin | -5.3% | -0.9% | -7.9% | -7.6% | -2.3% | -5.5% | 9.0% | -2.2% | 3.2% | 1.8% |
| EBITDA margin | -4.9% | -0.4% | -7.5% | -7.1% | -1.9% | -4.9% | 9.6% | -1.7% | 3.8% | 2.4% |
| Net margin | 1.6% | 0.8% | -1.7% | -0.8% | 3.0% | -1.4% | 11.6% | -0.5% | 14.2% | 2.4% |
| Free cash flow margin | - | -25.1% | - | - | 10.8% | - | - | 10.1% | - | - |
| FCF / Net income | - | -33.20 | - | - | 3.59 | - | - | -21.27 | - | - |
| R&D / Revenue | 5.1% | 7.1% | 5.1% | 5.8% | 5.0% | 5.6% | 5.3% | 4.6% | 4.2% | 6.5% |
| SG&A / Revenue | 28.1% | 33.1% | 31.6% | 33.8% | 26.4% | 34.8% | 33.0% | 24.3% | 26.0% | 29.4% |
| Effective tax rate | - | 75.5% | - | - | -32.2% | - | 7.8% | - | -205.8% | 18.1% |
| Return on assets | 0.4% | 0.1% | -0.4% | -0.2% | 0.7% | -0.3% | 2.5% | -0.1% | 3.8% | 0.5% |
| Return on equity | 0.6% | 0.2% | -0.6% | -0.2% | 1.0% | -0.4% | 3.3% | -0.2% | 5.4% | 0.8% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 2.64 | 2.75 | 2.36 | 3.34 | 3.15 | 2.94 | 4.06 | 3.16 | 3.22 | 2.61 |
| Quick ratio | 2.56 | 2.62 | 2.29 | 3.20 | 3.03 | 2.81 | 3.94 | 2.75 | 3.05 | 2.28 |
| Cash ratio | 1.24 | 1.40 | 1.24 | 1.96 | 1.85 | 1.64 | 2.16 | 1.51 | 1.61 | 0.68 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -5.1x | -1.5x | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.56 | 1.54 | 1.60 | 1.41 | 1.42 | 1.47 | 1.33 | 1.45 | 1.43 | 1.59 |
| Liabilities / Assets | 0.36 | 0.35 | 0.37 | 0.29 | 0.30 | 0.32 | 0.25 | 0.31 | 0.30 | 0.37 |
| Efficiency | ||||||||||
| Asset turnover | 0.23 | 0.17 | 0.22 | 0.20 | 0.23 | 0.19 | 0.21 | 0.23 | 0.27 | 0.20 |
| Inventory turnover | 7.46 | 3.09 | 7.62 | 4.24 | 5.68 | 3.72 | 4.89 | 1.62 | 4.63 | 1.31 |
| Days sales outstanding | 309d | 357d | 284d | 379d | 347d | - | 2d | 308d | - | - |
| Days inventory outstanding | 49d | 118d | 48d | 86d | 64d | 98d | 75d | 225d | 79d | 280d |
| Days payable outstanding | - | - | 447d | - | - | 298d | - | - | 208d | - |
| Cash conversion cycle | - | - | -116d | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 288.3x | 1250.0x | - | - | 321.4x | - | 115.4x | - | 33.7x | 194.1x |
| P / B | 1.9x | 2.7x | 2.4x | 3.0x | 3.3x | 2.5x | 3.6x | 0.9x | 0.9x | 0.7x |
| P / S | 5.2x | 10.1x | 7.0x | 10.9x | 9.9x | 9.0x | 12.7x | 2.8x | 2.2x | 2.3x |
| EV / EBITDA | - | - | - | - | - | - | 112.6x | - | 21.5x | 52.3x |
| Growth | ||||||||||
| Revenue growth (YoY) | 21.8% | -23.2% | 17.9% | -4.1% | 1.9% | -26.0% | 3.3% | -16.2% | 32.9% | 10.8% |
| Revenue CAGR (3y) | 6.5% | -13.1% | 5.0% | 3.1% | 8.2% | -1.5% | -0.9% | 10.5% | 9.4% | -6.2% |
| Revenue CAGR (5y) | 2.6% | 1.1% | 2.7% | -4.0% | -3.8% | -9.5% | -3.5% | -4.1% | -2.4% | -9.6% |
| Gross profit growth (YoY) | 6.3% | 3.7% | -2.8% | -35.1% | 11.5% | -22.7% | 29.8% | -29.6% | 19.2% | 18.8% |
| Operating income growth (YoY) | 14.4% | 68.4% | -69.9% | - | -3.2% | - | 420.7% | - | 2926.3% | - |
| Net income growth (YoY) | - | -80.7% | -42.7% | - | - | - | 394.7% | - | 267.5% | 105.8% |
| EPS growth (YoY) | - | -80.0% | -50.0% | - | - | - | 357.1% | - | 73.3% | 16.7% |
| EPS CAGR (3y) | -5.0% | -63.8% | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | -47.9% | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | 9.1% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -5.1% | -5.6% | -5.8% | -1.6% | 2.1% | 2.4% | 16.4% | 14.2% | 18.4% | 21.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-09-30.
Business segments
$3.02M totalHigh Performance Products Segment$1.92M · 63.6%
Technology Solutions Segment$1.10M · 36.4%
Product / service
$58.73M totalProduct$37.75M · 64.3%
Service$20.98M · 35.7%
Geographic
$1.92M totalUS$1.67M · 87.0%
Apac And Africa$245.0K · 12.7%
Americas Excluding United States$3.0K · 0.2%
Europe$1.0K · 0.1%
Peer comparison
Same SIC group: Services-Computer Integrated Systems Design
Comparing CSP INC /MA/ against the 5 most active filers in the same SIC group.
Dividends
$0.12/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| May 21, 2026 | $0.0300 |
| Feb 26, 2026 | $0.0300 |
| Dec 26, 2025 | $0.0300 |
| Aug 29, 2025 | $0.0300 |
| May 28, 2025 | $0.0300 |
| Feb 24, 2025 | $0.0300 |
| Dec 27, 2024 | $0.0300 |
| Aug 23, 2024 | $0.0300 |
| May 23, 2024 | $0.0300 |
| Feb 23, 2024 | $0.0250 |
| Dec 21, 2023 | $0.0200 |
| Aug 22, 2023 | $0.0200 |
| May 24, 2023 | $0.0200 |
| Feb 23, 2023 | $0.0150 |
| Dec 20, 2022 | $0.0150 |
| Aug 19, 2022 | $0.0150 |
| Feb 27, 2020 | $0.0750 |
| Dec 30, 2019 | $0.0750 |
| Aug 29, 2019 | $0.0750 |
| May 30, 2019 | $0.0750 |
| Feb 27, 2019 | $0.0750 |
| Jan 4, 2019 | $0.0750 |
| Aug 30, 2018 | $0.0750 |
| May 30, 2018 | $0.0550 |