TSSI · Tss, 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 | $55.35M | - | $70.07M | $43.97M | $98.96M | - | $70.07M | $12.16M | $15.89M | - |
| Cost of Revenue | $46.54M | - | $37.25M | $36.16M | $89.75M | - | $62.18M | $7.62M | $13.18M | - |
| Gross Profit | $8.81M | - | $4.63M | $7.82M | $9.21M | - | $7.89M | $4.54M | $2.71M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $5.52M | - | $5.24M | $4.74M | $4.89M | - | $3.88M | $2.72M | $2.39M | - |
| Total Operating Expenses | $6.53M | - | $5.57M | $5.58M | $5.10M | - | $4.09M | $2.84M | $2.46M | - |
| D&A | $306.0K | - | $328.0K | $844.0K | $210.0K | - | $208.0K | $117.0K | $72.0K | - |
| Operating Income | $2.27M | - | ($931.0K) | $2.24M | $4.11M | - | $3.79M | $1.70M | $253.0K | - |
| Interest Expense | - | - | $954.0K | $859.0K | $1.47M | - | $1.13M | $272.0K | $228.0K | - |
| Income Tax | $391.0K | - | $50.0K | $69.0K | $49.0K | - | $20.0K | $26.0K | $10.0K | - |
| Net Income | $2.28M | - | ($1.50M) | $1.48M | $2.98M | - | $2.65M | $1.40M | $15.0K | - |
| EPS - Basic | $0.08 | - | ($0.06) | $0.06 | $0.13 | - | $0.12 | $0.06 | $0.00 | - |
| EPS - Diluted | $0.08 | - | ($0.06) | $0.06 | $0.12 | - | $0.10 | $0.06 | $0.00 | - |
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 | $65.97M | $85.51M | $70.70M | $8.31M | $27.34M | $23.22M | $46.45M | $8.31M | $14.38M | $11.83M |
| Accounts Receivable | $10.58M | $12.50M | $14.79M | $14.00M | $11.06M | $16.20M | $7.96M | $7.00M | $4.57M | $3.53M |
| Inventory | $8.09M | $15.97M | $11.32M | $14.59M | $20.40M | $17.67M | $4.98M | $4.94M | $848.0K | $2.34M |
| Accounts Payable | - | - | $41.70M | $69.28M | $51.32M | $35.77M | $35.69M | $7.20M | $15.41M | $12.41M |
| Current Assets | $88.71M | $118.63M | $100.33M | $70.89M | $61.08M | $58.20M | $59.95M | $21.22M | $20.49M | $19.31M |
| Total Assets | $153.58M | $184.94M | $165.41M | $139.47M | $113.54M | $96.57M | $67.28M | $28.91M | $26.79M | $25.60M |
| Current Liabilities | $40.61M | $72.57M | $66.01M | $87.24M | $72.20M | $56.92M | $55.62M | $19.41M | $19.64M | $18.42M |
| Long-term Debt | $12.96M | $14.00M | $18.99M | $19.54M | $8.20M | $8.20M | - | - | - | $0 |
| Total Liabilities | $74.90M | $108.30M | $102.00M | $129.93M | $104.15M | $89.43M | $59.63M | $23.75M | $23.13M | $22.05M |
| Stockholders' Equity | $78.68M | $76.64M | $63.41M | $9.54M | $9.39M | $7.14M | $7.65M | $5.15M | $3.66M | $3.55M |
| Retained Earnings | ($42.93M) | ($45.21M) | ($57.37M) | ($55.87M) | ($57.36M) | ($60.34M) | ($62.25M) | ($64.89M) | ($66.30M) | ($66.31M) |
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 | ($14.93M) | - | - | - | $20.64M | - | - | - | $2.65M | - |
| Investing Cash Flow | ($534.0K) | - | - | - | ($14.87M) | - | - | - | ($39.0K) | - |
| Financing Cash Flow | ($2.26M) | - | - | - | ($1.65M) | - | - | - | ($55.0K) | - |
| CapEx | $534.0K | - | - | - | $14.87M | - | - | - | $39.0K | - |
| Free Cash Flow | ($15.46M) | - | - | - | $5.76M | - | - | - | $2.61M | - |
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 | 15.9% | - | 6.6% | 17.8% | 9.3% | - | 11.3% | 37.3% | 17.1% | - |
| Operating margin | 4.1% | - | -1.3% | 5.1% | 4.2% | - | 5.4% | 14.0% | 1.6% | - |
| EBITDA margin | 4.7% | - | -0.9% | 7.0% | 4.4% | - | 5.7% | 14.9% | 2.0% | - |
| Net margin | 4.1% | - | -2.1% | 3.4% | 3.0% | - | 3.8% | 11.5% | 0.1% | - |
| Free cash flow margin | -27.9% | - | - | - | 5.8% | - | - | - | 16.4% | - |
| FCF / Net income | -6.79 | - | - | - | 1.93 | - | - | - | 173.80 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 10.0% | - | 7.5% | 10.8% | 4.9% | - | 5.5% | 22.4% | 15.0% | - |
| Effective tax rate | 14.7% | - | - | 4.4% | 1.6% | - | 0.8% | 1.8% | 40.0% | - |
| Return on assets | 1.5% | - | -0.9% | 1.1% | 2.6% | - | 3.9% | 4.9% | 0.1% | - |
| Return on equity | 2.9% | - | -2.4% | 15.5% | 31.7% | - | 34.6% | 27.2% | 0.4% | - |
| Return on invested capital | 2.1% | - | -0.9% | 7.3% | 23.0% | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 2.18 | 1.63 | 1.52 | 0.81 | 0.85 | 1.02 | 1.08 | 1.09 | 1.04 | 1.05 |
| Quick ratio | 1.99 | 1.41 | 1.35 | 0.65 | 0.56 | 0.71 | 0.99 | 0.84 | 1.00 | 0.92 |
| Cash ratio | 1.62 | 1.18 | 1.07 | 0.10 | 0.38 | 0.41 | 0.84 | 0.43 | 0.73 | 0.64 |
| Leverage | ||||||||||
| Debt / Equity | 0.16 | 0.18 | 0.30 | 2.05 | 0.87 | 1.15 | - | - | - | 0.00 |
| Debt / Assets | 0.08 | 0.08 | 0.11 | 0.14 | 0.07 | 0.08 | - | - | - | 0.00 |
| Debt / EBITDA | 5.02 | - | - | 6.34 | 1.90 | - | - | - | - | - |
| Interest coverage | - | - | -1.0x | 2.6x | 2.8x | - | 3.4x | 6.3x | 1.1x | - |
| Equity multiplier | 1.95 | 2.41 | 2.61 | 14.62 | 12.09 | 13.53 | 8.79 | 5.61 | 7.32 | 7.21 |
| Liabilities / Assets | 0.49 | 0.59 | 0.62 | 0.93 | 0.92 | 0.93 | 0.89 | 0.82 | 0.86 | 0.86 |
| Efficiency | ||||||||||
| Asset turnover | 0.36 | - | 0.42 | 0.32 | 0.87 | - | 1.04 | 0.42 | 0.59 | - |
| Inventory turnover | 5.75 | - | 3.29 | 2.48 | 4.40 | - | 12.48 | 1.54 | 15.54 | - |
| Days sales outstanding | 70d | - | 77d | 116d | 41d | - | 41d | 210d | 105d | - |
| Days inventory outstanding | 63d | - | 111d | 147d | 83d | - | 29d | 236d | 23d | - |
| Days payable outstanding | - | - | 409d | 699d | 209d | - | 210d | 345d | 427d | - |
| Cash conversion cycle | - | - | -221d | -436d | -85d | - | -139d | 102d | -298d | - |
| Valuation | ||||||||||
| P / E | 162.6x | - | - | 480.5x | 65.4x | - | 71.3x | 36.5x | - | - |
| P / B | 4.9x | - | 7.3x | 78.0x | 21.7x | - | 24.5x | 10.5x | 3.9x | - |
| P / S | 6.9x | - | 6.6x | 16.9x | 2.1x | - | 2.7x | 4.4x | 0.9x | - |
| EV / EBITDA | 127.7x | - | - | 245.2x | 42.6x | - | 35.3x | 25.2x | -0.9x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -44.1% | - | 0.0% | 261.6% | 522.7% | - | 689.1% | -16.4% | 141.7% | - |
| Revenue CAGR (3y) | 103.4% | - | 105.5% | 89.9% | 167.1% | - | 148.1% | 58.3% | 45.4% | - |
| Revenue CAGR (5y) | 60.7% | - | 27.5% | 46.8% | 56.3% | - | 75.8% | 28.0% | 27.8% | - |
| Gross profit growth (YoY) | -4.4% | - | -41.2% | 72.3% | 239.4% | - | 178.7% | 40.8% | 61.0% | - |
| Operating income growth (YoY) | -44.7% | - | - | 31.5% | 1525.7% | - | 430.6% | 74.4% | - | - |
| Net income growth (YoY) | -23.6% | - | - | 5.8% | 19760.0% | - | 1166.0% | 345.1% | - | - |
| EPS growth (YoY) | -33.3% | - | - | 0.0% | - | - | 900.0% | 500.0% | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | 115.4% | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | 121.1% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 737.8% | 973.6% | 728.5% | 85.1% | 156.7% | 101.1% | 147.5% | 87.3% | 60.0% | 21.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$483.53M totalProcurement$197.48M · 40.8%
Procurement Revenues Segment$197.48M · 40.8%
System Integration$40.34M · 8.3%
System Integration Services Segment$40.34M · 8.3%
Facilities Segment$7.91M · 1.6%
Product / service
$7.91M totalEquipment Deployment And Other Services$4.00M · 50.6%
Maintenance$3.91M · 49.4%
Peer comparison
Same SIC group: Services-Management Consulting Services
Comparing TSS against the 5 most active filers in the same SIC group.