Every 10-Q that CSP Inc. (CSPI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CSPI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CSPI filings page.
CSP Inc. reported lower sales and a swing to a small year-to-date loss for the nine months ended June 30, 2026. Total revenue was $42.4 million, down from $44.3 million a year earlier, with product sales of $27.8 million and services of $14.7 million. The Technology Solutions segment in the U.S. remained the main profit contributor, while the High Performance Products segment generated operating losses.
The company posted a nine-month net loss of $0.5 million compared with net income of $0.1 million in the prior-year period. Operating cash flow moved to an outflow of $3.0 million from an inflow of $0.4 million, driven by working-capital changes including lower accounts payable and higher financing receivables. Cash and cash equivalents were $24.7 million versus $27.4 million at the prior fiscal year-end, and total financing receivables, net, increased to $16.5 million.
The balance sheet remained lightly leveraged, with an inventory line-of-credit balance of $2.4 million and vendor financing obligations with imputed interest of about $8.1 million (current and noncurrent combined). Contract liabilities increased to $2.5 million, and the company continued to pay quarterly dividends totaling $0.09 per share over nine months and repurchased some common stock, while also recording $1.4 million of stock-based compensation.
CSP Inc. reported higher quarterly sales but modest profitability for the three months ended March 31, 2026. Revenue rose 22% to $16.0 million, driven mainly by Technology Solutions product sales. Gross margin slipped to 28% from 32%, reflecting a greater mix of lower-margin hardware.
The company recorded an operating loss of $0.9 million, slightly better than the prior year’s $1.0 million loss, but other income lifted results. After a tax benefit of $0.6 million, CSP Inc. posted net income of $0.3 million, or $0.03 per diluted share.
For the first six months of fiscal 2026, revenue was $28.0 million, roughly flat with the prior year, and net income was $0.4 million. Operating cash flow turned negative at $(3.4) million, influenced by higher receivables, vendor financing, and lower payables, though cash and equivalents remained solid at $23.1 million with only $0.9 million drawn on the inventory line of credit.
CSP Inc. reported softer results for the quarter ended December 31, 2025. Sales fell to $12.0 million from $15.7 million, mainly because prior-year Technology Solutions product orders in the U.S. did not repeat. Net income dropped to $0.1 million, or $0.01 per diluted share, from $0.05.
Despite lower revenue, gross margin improved to 39% from 29%, helped by a richer mix of higher-margin services and High Performance Products. Operating cash flow swung to an outflow of $2.9 million, but the company still held $24.9 million in cash and had $13.6 million of unused credit line capacity. CSP Inc. also declared a quarterly dividend of $0.03 per share.
CSPi reported consolidated revenue of $15.45 million for the three months ended June 30, 2025, up from $13.11 million a year earlier, driven primarily by higher product sales of $10.15 million versus $7.85 million. Gross profit was $4.45 million, nearly unchanged year-over-year, while operating loss widened to $1.22 million from $0.72 million, producing a quarterly net loss attributable to common shareholders of $0.26 million (loss per share $0.03).
Through nine months, revenue increased to $44.27 million from $42.19 million and reported net income was $0.10 million compared with $1.33 million a year earlier. Cash and cash equivalents declined to $26.31 million from $30.59 million, reflecting $3.03 million net repayments on the inventory line of credit, $0.89 million of dividends and $0.64 million of share repurchases; net cash provided by operating activities fell to $0.37 million from $5.72 million. Financing receivables, net were $6.94 million and inventories increased to $3.53 million. The company also placed an £8.5 million buy-in contract with an insurer for its UK pension plan, which is accounted for as a plan asset pending any future buy-out or remeasurement.