Csp Inc Financials
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Csp Inc has an operating margin of -5.3%, meaning the company retains $-5 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 -3.4% the prior year.
Csp Inc's revenue grew 6.4% year-over-year to $58.7M, a solid pace of expansion. This earns a growth score of 47/100.
Csp Inc carries a low D/E ratio of 0.60, meaning only $0.60 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 89/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 2.36, Csp Inc holds $2.36 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 74/100.
Csp Inc's free cash flow margin of 3.3% results in a low score of 16/100. Capital expenditures of $348K absorb a large share of operating cash flow.
Csp Inc passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Csp Inc generates $-24.92 in operating cash flow ($2.3M OCF vs -$91K net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Csp Inc earns $-8.7 in operating income for every $1 of interest expense (-$3.1M vs $357K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
This page shows Csp Inc (CSPI) 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
Csp Inc generated $58.7M in revenue in fiscal year 2025. This represents an increase of 6.4% from the prior year.
Csp Inc's EBITDA was -$2.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 81.8% from the prior year.
Csp Inc generated $1.9M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 52.2% from the prior year.
Csp Inc reported -$91K in net income in fiscal year 2025. This represents an increase of 72.1% from the prior year.
Csp Inc earned $-0.01 per diluted share (EPS) in fiscal year 2025. This represents an increase of 75.0% from the prior year.
Csp Inc held $27.4M in cash against $0 in long-term debt as of fiscal year 2025.
Csp Inc paid $0.12 per share in dividends in fiscal year 2025. This represents an increase of 14.3% from the prior year.
Csp Inc had 10M shares outstanding in fiscal year 2025. This represents an increase of 1.3% from the prior year.
Csp Inc's gross margin was 31.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 2.6 percentage points from the prior year.
Csp Inc's operating margin was -5.3% in fiscal year 2025, reflecting core business profitability. This is down 1.9 percentage points from the prior year.
Csp Inc's net profit margin was -0.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.4 percentage points from the prior year.
Csp Inc invested $3.3M in research and development in fiscal year 2025. This represents an increase of 9.9% from the prior year.
Csp Inc spent $869K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 735.6% from the prior year.
Csp Inc invested $348K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 77.6% from the prior year.
CSPI Income Statement
| Metric | Q1'26 | Q1'25 | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7K-99.9% | $12.0M-22.1% | $15.4M+17.5% | $13.1M-16.1% | $15.7M+19.6% | $13.1M-4.4% | $13.7M-10.9% | $15.4M |
| Cost of Revenue | $5K-99.9% | $7.3M-33.6% | $11.0M+23.0% | $8.9M-19.5% | $11.1M+30.3% | $8.5M+17.9% | $7.2M-35.9% | $11.3M |
| Gross Profit | $5K-99.9% | $4.7M+6.3% | $4.5M+5.8% | $4.2M-7.8% | $4.6M-0.4% | $4.6M-29.3% | $6.5M+58.2% | $4.1M |
| R&D Expenses | $858-99.9% | $858K+8.5% | $791K+3.7% | $763K-2.9% | $786K+6.6% | $737K+1.5% | $726K+3.7% | $700K |
| SG&A Expenses | $4K-99.9% | $4.0M-18.3% | $4.9M+10.1% | $4.4M+7.4% | $4.1M-9.5% | $4.6M+1.0% | $4.5M+20.9% | $3.7M |
| Operating Income | $112+100.1% | -$112K+90.8% | -$1.2M-23.0% | -$994K-180.8% | -$354K+50.8% | -$720K-158.3% | $1.2M+459.8% | -$343K |
| Interest Expense | $125-99.9% | $128K | N/A | N/A | $77K | N/A | N/A | N/A |
| Income Tax | $280-99.9% | $280K+137.3% | -$751K-10.0% | -$683K-493.9% | -$115K-53.3% | -$75K-155.6% | $135K+938.5% | $13K |
| Net Income | $91-99.9% | $91K+134.5% | -$264K-144.4% | -$108K-122.9% | $472K+355.1% | -$185K-111.6% | $1.6M+2275.3% | -$73K |
| EPS (Diluted) | $0.010.0% | $0.01+133.3% | $-0.03-200.0% | $-0.01-120.0% | $0.05+350.0% | $-0.02-112.5% | $0.16+1700.0% | $-0.01 |
CSPI Balance Sheet
| Metric | Q1'26 | Q1'25 | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $69K-99.9% | $69.2M+3.5% | $66.8M-0.5% | $67.1M-0.6% | $67.5M-2.8% | $69.4M+8.2% | $64.2M-4.8% | $67.4M |
| Current Assets | $49K-99.9% | $49.2M-0.7% | $49.5M-1.7% | $50.3M-3.5% | $52.2M-4.8% | $54.8M+7.8% | $50.9M-5.1% | $53.6M |
| Cash & Equivalents | $25K-99.9% | $24.9M-5.2% | $26.3M-10.8% | $29.5M-3.8% | $30.7M+0.2% | $30.6M+12.8% | $27.1M+5.9% | $25.6M |
| Inventory | $2K-99.9% | $2.4M-33.0% | $3.5M+67.5% | $2.1M+7.9% | $2.0M-14.7% | $2.3M+55.1% | $1.5M-78.8% | $7.0M |
| Accounts Receivable | $12K-99.9% | $11.8M-12.4% | $13.5M-1.4% | $13.6M-8.3% | $14.9M+2.7% | $14.5M | N/A | $11.7M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $24K-99.9% | $24.3M+26.1% | $19.3M-1.9% | $19.7M-2.0% | $20.1M-9.5% | $22.2M+38.9% | $16.0M-23.9% | $21.0M |
| Current Liabilities | $18K-99.9% | $17.9M+16.2% | $15.4M+2.0% | $15.1M-9.1% | $16.6M-11.4% | $18.7M+49.0% | $12.5M-26.2% | $17.0M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $45K-99.9% | $44.8M-5.6% | $47.5M+0.1% | $47.5M0.0% | $47.5M+0.4% | $47.3M-2.0% | $48.2M+3.8% | $46.5M |
| Retained Earnings | $27K-99.9% | $27.5M-3.3% | $28.4M-2.8% | $29.2M-2.6% | $30.0M+0.6% | $29.8M-7.8% | $32.4M+4.3% | $31.0M |
CSPI Cash Flow Statement
| Metric | Q1'26 | Q1'25 | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $3K+100.1% | -$2.9M+11.2% | -$3.3M-271.7% | $1.9M+9.8% | $1.7M+215.5% | -$1.5M-191.3% | $1.7M-1.3% | $1.7M |
| Capital Expenditures | $105-99.9% | $105K+59.1% | $66K+842.9% | $7K-85.1% | $47K+176.5% | $17K+21.4% | $14K-88.3% | $120K |
| Free Cash Flow | $3K+100.1% | -$3.0M+9.8% | -$3.3M-275.8% | $1.9M+12.5% | $1.7M+211.1% | -$1.5M-193.2% | $1.6M+5.4% | $1.6M |
| Investing Cash Flow | $105+100.1% | -$105K-59.1% | -$66K-8.2% | -$61K-29.8% | -$47K-161.1% | -$18K+73.1% | -$67K+46.8% | -$126K |
| Financing Cash Flow | $533-99.9% | $533K+257.7% | $149K+104.9% | -$3.0M-90.0% | -$1.6M-149.5% | $3.2M+5104.7% | -$64K+94.6% | -$1.2M |
| Dividends Paid | N/A | $298K+0.3% | $297K | N/A | N/A | $294K | N/A | N/A |
| Share Buybacks | N/A | $234K-6.8% | $251K | N/A | N/A | $34K | N/A | N/A |
CSPI Financial Ratios
| Metric | Q1'26 | Q1'25 | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 70.7%+31.3pp | 39.3%+10.5pp | 28.8%-3.2pp | 32.0%+2.9pp | 29.1%-5.8pp | 35.0%-12.3pp | 47.3%+20.6pp | 26.6% |
| Operating Margin | 1.7%+2.6pp | -0.9%+7.0pp | -7.9%-0.4pp | -7.6%-5.3pp | -2.3%+3.2pp | -5.5%-14.5pp | 9.0%+11.2pp | -2.2% |
| Net Margin | 1.4%+0.6pp | 0.8%+2.5pp | -1.7%-0.9pp | -0.8%-3.8pp | 3.0%+4.4pp | -1.4%-13.0pp | 11.6%+12.1pp | -0.5% |
| Return on Equity | 0.2%0.0pp | 0.2% | N/A | N/A | 1.0% | N/A | 3.3% | N/A |
| Return on Assets | 0.1%0.0pp | 0.1%+0.5pp | -0.4%-0.2pp | -0.2%-0.9pp | 0.7%+1.0pp | -0.3%-2.8pp | 2.5%+2.6pp | -0.1% |
| Current Ratio | 2.750.0 | 2.75-0.5 | 3.22-0.1 | 3.34+0.2 | 3.15+0.2 | 2.94-1.1 | 4.06+0.9 | 3.16 |
| Debt-to-Equity | 0.540.0 | 0.54+0.1 | 0.410.0 | 0.410.0 | 0.42-0.0 | 0.47+0.1 | 0.33-0.1 | 0.45 |
| FCF Margin | 41.9%+67.0pp | -25.1%-3.4pp | -21.7%-36.2pp | 14.5%+3.7pp | 10.8%-7.1pp | 17.9%+6.0pp | 11.9%+1.8pp | 10.1% |
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Frequently Asked Questions
What is Csp Inc's annual revenue?
Csp Inc (CSPI) reported $58.7M in total revenue for fiscal year 2025. This represents a 6.4% 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 Csp Inc's revenue growing?
Csp Inc (CSPI) revenue grew by 6.4% year-over-year, from $55.2M to $58.7M in fiscal year 2025.
Is Csp Inc profitable?
No, Csp Inc (CSPI) reported a net income of -$91K in fiscal year 2025, with a net profit margin of -0.1%.
What is Csp Inc's earnings per share (EPS)?
Csp Inc (CSPI) reported diluted earnings per share of $-0.01 for fiscal year 2025. This represents a 75.0% 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 Csp Inc's EBITDA?
Csp Inc (CSPI) had EBITDA of -$2.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Csp Inc's gross margin?
Csp Inc (CSPI) had a gross margin of 31.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Csp Inc's operating margin?
Csp Inc (CSPI) had an operating margin of -5.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Csp Inc's net profit margin?
Csp Inc (CSPI) had a net profit margin of -0.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Csp Inc pay dividends?
Yes, Csp Inc (CSPI) paid $0.12 per share in dividends during fiscal year 2025.
What is Csp Inc's free cash flow?
Csp Inc (CSPI) generated $1.9M in free cash flow during fiscal year 2025. This represents a -52.2% 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 Csp Inc's operating cash flow?
Csp Inc (CSPI) generated $2.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Csp Inc's total assets?
Csp Inc (CSPI) had $71.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Csp Inc's capital expenditures?
Csp Inc (CSPI) invested $348K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Csp Inc spend on research and development?
Csp Inc (CSPI) invested $3.3M in research and development during fiscal year 2025.
Does Csp Inc buy back shares?
Yes, Csp Inc (CSPI) spent $869K on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
How many shares does Csp Inc have outstanding?
Csp Inc (CSPI) had 10M shares outstanding as of fiscal year 2025.
What is Csp Inc's current ratio?
Csp Inc (CSPI) had a current ratio of 2.36 as of fiscal year 2025, which is generally considered healthy.
What is Csp Inc's debt-to-equity ratio?
Csp Inc (CSPI) had a debt-to-equity ratio of 0.60 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Csp Inc's return on assets (ROA)?
Csp Inc (CSPI) had a return on assets of -0.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Csp Inc's Piotroski F-Score?
Csp Inc (CSPI) 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 Csp Inc's earnings high quality?
Csp Inc (CSPI) has an earnings quality ratio of -24.92x, 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.
Can Csp Inc cover its interest payments?
Csp Inc (CSPI) has an interest coverage ratio of -8.7x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Csp Inc?
Csp Inc (CSPI) scores 45 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.