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Financials · TSSI

TSS Inc. (TSSI) financials

For the twelve months ended Sep 30, 2026, TSS Inc. reported $201.45M of revenue and $17.02M of net income.

Revenue, TTM
$201.45M
Revenue growth, YoY
-14.2%
Net income, TTM
$17.02M
Net income growth, YoY
+248.9%
Net margin
8.4%
Free cash flow, TTM
-$8.76M
EPS, diluted, TTM
$0.61
EPS growth, YoY
+205.0%
Cash
$53.97M
Total debt
$15.10M
P/E
11.77
P/S
0.99
Market cap
$200.4M
Annual revenue$245.72M
FY2016FY2025
Annual net income$15.13M
FY2016FY2025
Annual free cash flow$2.12M
FY2016FY2025

TSSI revenue and earnings growth

TSSI revenueQ3 2026$50.06M

Quarter YoY
+19.5%
QoQ
+42.5%
FY YoY
+65.9%
5Y CAGR
+40.4%
10Y CAGR
+23.6%

TSSI revenue was $50.06M in fiscal Q3 2026 (ended Sep 30, 2026), up 19.5% from a year earlier and up 42.5% from the prior quarter. For the full fiscal 2025 it was $245.72M, up 65.9% from fiscal 2024. Compound annual growth was +40.4% over 5 years and +23.6% over 10 years. It rose in 7 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

TSSI net incomeQ3 2026$1.15M

QoQ
-19.8%
FY YoY
+153.1%
5Y CAGR
+186.0%

TSSI net income was $1.15M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$1.50M a year earlier and down 19.8% from the prior quarter. For the full fiscal 2025 it was $15.13M, up 153.1% from fiscal 2024. Compound annual growth was +186.0% over 5 years. Fiscal 2025 is the highest of the 15 fiscal years on file.

TSSI EPSQ3 2026$0.04

QoQ
-20.0%
FY YoY
+133.3%

TSSI diluted EPS was $0.04 in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$0.06 a year earlier and down 20.0% from the prior quarter. For the full fiscal 2025 it was $0.56, up 133.3% from fiscal 2024.

TSSI free cash flowQ3 2026-$12.63M

FY YoY
-68.9%
5Y CAGR
-26.1%

TSSI free cash flow was -$12.63M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$24.86M a year earlier. For the full fiscal 2025 it was $2.12M, down 68.9% from fiscal 2024. Compound annual growth was -26.1% over 5 years.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue$245.72M$148.14M$54.40M$30.64M$27.41M$45.06M$32.78M$22.34M$18.32M$27.37M
Cost of revenue$213.34M$125.79M$43.40M$21.66M$21.05M$38.26M$26.19M$13.85M--
Gross profit$32.38M$22.35M$11.00M$8.98M$6.36M$6.80M$6.59M$8.48M$7.72M$7.21M
Selling, general and admin$20.65M$13.24M$8.93M$7.68M$6.66M$6.67M$5.74M$6.37M$6.46M$8.15M
Operating income$6.32M$5.77M-$221.0K$914.0K-$831.0K-$400.0K$480.0K$2.87M$1.11M-$633.0K
Interest expense-$2.74M$1.97M$931.0K$430.0K$367.0K$313.0K$403.0K$328.0K$365.0K
Pre-tax income$7.53M$6.13M$134.0K-$17.0K-$1.23M$129.0K$167.0K$2.46M$775.0K-$1.00M
Income tax-$7.59M$158.0K$60.0K$56.0K$65.0K$50.0K$41.0K$26.0K$9.0K$19.0K
Net income$15.13M$5.98M$74.0K-$73.0K-$1.30M$79.0K$126.0K$2.44M$766.0K-$1.02M
EPS, basic$0.61$0.27$0.00$0.00-$0.07$0.00$0.01$0.16$0.05-$0.07
EPS, diluted$0.56$0.24$0.00$0.00-$0.07$0.00$0.01$0.13$0.05-$0.07
Diluted shares27.2M25.1M22.0M20.1M18.4M21.0M20.9M18.7M16.5M15.4M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents$85.51M$23.22M$11.83M$20.40M$7.99M$19.01M$8.68M$6.18M$2.27M$2.15M
Receivables$12.50M$16.20M$3.53M$2.75M$1.85M$915.0K$3.87M$727.0K$990.0K$2.39M
Inventory$15.97M$17.67M$2.34M$862.0K$847.0K$197.0K$1.35M$108.0K$134.0K$59.0K
Current assets$118.63M$58.20M$19.31M$24.41M$11.81M$20.99M$14.19M$7.43M$3.73M$5.39M
Goodwill$780.0K$780.0K$780.0K$780.0K$780.0K$780.0K$780.0K$780.0K$1.91M$1.91M
Total assets$184.94M$96.57M$25.60M$31.41M$19.28M$23.81M$17.57M$9.11M$6.73M$8.58M
Current liabilities$72.57M$56.92M$18.42M$24.16M$12.12M$18.08M$11.60M$4.57M$5.33M$9.12M
Short-term debt$4.01M$0-$0$2.02M$0---$246.0K
Long-term debt$14.00M$8.20M$0$0$0$2.23M$2.03M$1.84M$1.66M$825.0K
Total debt$18.01M$8.20M$0$0$2.02M$2.23M$2.03M$1.84M$1.66M$1.07M
Total liabilities$108.30M$89.43M$22.05M$28.47M$17.08M$20.63M$14.70M$6.63M$7.03M$10.01M
Shareholders' equity$76.64M$7.14M$3.55M$2.93M$2.20M$3.18M$2.87M$2.48M-$305.0K-$1.43M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow$34.86M$15.30M-$8.27M$14.71M-$10.45M$10.00M$3.02M$1.90M-$45.0K$2.23M
Capital expenditures$32.74M$8.48M$257.0K$536.0K$64.0K$396.0K$594.0K$242.0K$212.0K$290.0K
Free cash flow$2.12M$6.81M-$8.53M$14.18M-$10.52M$9.60M$2.42M$1.66M-$257.0K$1.94M
Investing cash flow-$32.74M-$8.48M-$257.0K-$536.0K-$64.0K-$396.0K-$419.0K$1.90M$102.0K$502.0K
Financing cash flow$60.17M$4.58M-$40.0K-$1.77M-$504.0K$733.0K-$96.0K$108.0K$59.0K-$1.71M
Share repurchases$4.90M$4.49M$40.0K$134.0K$197.0K$174.0K$158.0K$6.0K$4.0K$1.0K
Stock-based compensation$3.96M$1.24M$581.0K$530.0K$469.0K$392.0K$358.0K$241.0K$68.0K$193.0K
Depreciation and amortization$1.09M$608.0K$320.0K$383.0K$536.0K$529.0K$370.0K$385.0K$481.0K$602.0K

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY65.9%172.3%77.6%11.8%-39.2%37.5%46.8%21.9%-33.1%-7.2%
Net income growth, YoY153.1%7975.7%----37.3%-94.8%218.1%--
EPS growth, YoY133.3%-----100.0%-92.3%160.0%--
Gross margin13.2%15.1%20.2%29.3%23.2%15.1%20.1%38.0%42.2%26.3%
Operating margin2.6%3.9%-0.4%3.0%-3.0%-0.9%1.5%12.8%6.0%-2.3%
Net margin6.2%4.0%0.1%-0.2%-4.7%0.2%0.4%10.9%4.2%-3.7%
Free cash flow margin0.9%4.6%-15.7%46.3%-38.4%21.3%7.4%7.4%-1.4%7.1%
Return on equity19.7%83.7%2.1%-2.5%-58.9%2.5%4.4%98.2%--
Return on assets8.2%6.2%0.3%-0.2%-6.7%0.3%0.7%26.8%11.4%-11.9%
Current ratio1.631.021.051.010.971.161.221.630.700.59
Debt to equity0.241.150.000.000.920.700.710.74--

Source: XBRL data TSS Inc. files with the SEC, latest filing dated Nov 5, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

TSSI peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
TSSI$201.45M-14.2%$17.02M8.4%$200.4M
GIBC$15.91B+8.4%C$1.66B10.4%$19.15B
BAH$10.98B-6.2%$784.00M7.1%$10.28B
G$5.34B+6.7%$588.48M11.0%$7.12B
FCN$3.98B+7.8%$233.42M5.9%$5.29B
RHI$5.30B-2.9%$121.73M2.3%$4.33B
EXPO$659.07M+15.4%$114.67M17.4%$4.06B
HURN$1.86B+12.3%$113.54M6.1%$2.55B
MAN$18.92B+7.3%$120.30M0.6%$2.07B

TSSI FAQ

9 questions
  • What is TSSI revenue?
    TSS Inc. (TSSI) reported $201.45M of revenue for the twelve months ended Sep 30, 2026. That is down 14.2% from the year before. Revenue for fiscal 2025 was $245.72M.
  • Is TSSI profitable?
    Yes. TSS Inc. earned $17.02M in net income for the twelve months ended Sep 30, 2026, a net margin of 8.4%.
  • How much cash and debt does TSSI have?
    TSS Inc. reported $53.97M in cash and cash equivalents and $15.10M of debt on its most recent balance sheet in SEC filings.
  • How fast is TSSI revenue growing?
    TSS Inc.'s revenue changed +65.9% in fiscal 2025, to $245.72M. Its compound annual growth rate was +40.4% over 5 years and +23.6% over 10 years.
  • What is TSSI gross margin?
    TSS Inc.'s gross profit was $36.79M on $201.45M of revenue for the twelve months ended Sep 30, 2026, a gross margin of 18.3%.
  • What is TSSI free cash flow?
    TSS Inc. generated -$8.76M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $6.04M less capital expenditures.
  • What is TSSI earnings per share?
    Diluted earnings per share were $0.61 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did TSSI last report financial results?
    The latest statements here come from TSS Inc.'s 10-Q filed on Nov 5, 2026, covering the period ended Sep 30, 2026.
  • Where does this TSSI financial data come from?
    Quantisnow builds these statements from the structured XBRL data TSS Inc. files with the SEC. It is provided for information only and is not investment advice.