The company maintains a robust gross margin profile of approximately 80.9% as of 2026Q1, though revenue growth remains muted at 1.5% due to ongoing legacy subscriber churn.
| Sales/Revenue | 351.02M | 349.7M | 350.38M | 362.56M | 362.42M | 352.66M | 331.17M | 322.56M |
| Revenue Growth % | 0.47% | -0.2% | -3.36% | 0.04% | 2.77% | 6.49% | 2.67% | - |
| Cost of Goods Sold | 69.43M | 70.6M | 69.69M | 68.32M | 61.95M | 58M | 53.38M | 49.99M |
| COGS % of Revenue | - | 20.19% | 19.89% | 18.84% | 17.09% | 16.45% | 16.12% | 15.5% |
| Gross Profit | 281.59M | 279.1M | 280.69M | 294.24M | 300.47M | 294.66M | 277.79M | 272.57M |
| Gross Margin % | 80.22% | 79.81% | 80.11% | 81.16% | 82.91% | 83.55% | 83.88% | 84.5% |
| Gross Profit Growth % | - | -0.57% | -4.6% | -2.07% | 1.97% | 6.07% | 1.92% | - |
| Operating Expenses | 131.11M | 128.86M | 131.29M | 147.01M | 148.55M | 119.53M | 81.11M | 82.74M |
| OpEx % of Revenue | - | 36.85% | 37.47% | 40.55% | 40.99% | 33.89% | 24.49% | 25.65% |
| Selling, General & Admin | 123.44M | 121.39M | 123.61M | 139.29M | 138.53M | 111.88M | 73.97M | 73M |
| SG&A % of Revenue | - | 34.71% | 35.28% | 38.42% | 38.22% | 31.72% | 22.34% | 22.63% |
| Research & Development | 7.67M | 7.46M | 7.68M | 7.73M | 10.02M | 7.65M | 7.15M | 9.74M |
| R&D % of Revenue | - | 2.13% | 2.19% | 2.13% | 2.76% | 2.17% | 2.16% | 3.02% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 150.48M | 150.24M | 149.4M | 147.23M | 151.92M | 175.14M | 196.68M | 189.83M |
| Operating Margin % | 42.87% | 42.96% | 42.64% | 40.61% | 41.92% | 49.66% | 59.39% | 58.85% |
| Operating Income Growth % | - | 0.56% | 1.47% | -3.09% | -13.26% | -10.95% | 3.61% | - |
| EBITDA | 168.94M | 168.97M | 169.92M | 164.65M | 167.22M | 226.95M | 276.43M | 278.66M |
| EBITDA Margin % | 48.13% | 48.32% | 48.49% | 45.41% | 46.14% | 64.35% | 83.47% | 86.39% |
| EBITDA Growth % | -0.72% | -0.56% | 3.2% | -1.54% | -26.32% | -17.9% | -0.8% | - |
| D&A (Non-Cash Add-back) | 18.45M | 18.73M | 20.52M | 17.42M | 15.3M | 51.81M | 79.75M | 88.84M |
| EBIT | 149.54M | 150.24M | 156.22M | 148.53M | 150.34M | 175.36M | 228.24M | 232.99M |
| Net Interest Income | -31.59M | -33.01M | -31.43M | -41.65M | -51.42M | -14.21M | -75.79M | -42.66M |
| Interest Income | 2.73M | 2.52M | 2.55M | 3.71M | 0 | 60K | 0 | 797K |
| Interest Expense | 34.31M | 35.53M | 33.98M | 45.37M | 51.42M | 14.27M | 75.79M | 43.46M |
| Other Income/Expense | -32.29M | -36.23M | -27.16M | -44.06M | -53.01M | -14.05M | -44.22M | -44.08M |
| Pretax Income | 118.19M | 114.01M | 122.25M | 103.16M | 98.91M | 161.08M | 152.46M | 145.75M |
| Pretax Margin % | 33.67% | 32.6% | 34.89% | 28.45% | 27.29% | 45.68% | 46.04% | 45.18% |
| Income Tax | 30.13M | 29.48M | 32.81M | 25.87M | 26.2M | 39.91M | 30.04M | -33.14M |
| Effective Tax Rate % | 25.49% | 25.86% | 26.84% | 25.08% | 26.49% | 24.78% | 19.71% | -22.74% |
| Net Income | 88.06M | 84.53M | 89.44M | 77.24M | 72.71M | 109M | 152.91M | 212.97M |
| Net Margin % | 25.09% | 24.17% | 25.52% | 21.3% | 20.06% | 30.91% | 46.17% | 66.02% |
| Net Income Growth % | 4.56% | -5.49% | 15.79% | 6.22% | -33.29% | -28.72% | -28.2% | - |
| Net Income (Continuing) | 88.06M | 84.53M | 89.44M | 77.3M | 72.71M | 121.17M | 122.41M | 178.88M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | -12.17M | 30.5M | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 4.62 | 4.35 | 4.61 | 3.94 | 3.62 | 6.53 | 6.77 | 10.62 |
| EPS Growth % | 6.02% | -5.64% | 17.01% | 8.84% | -44.56% | -3.55% | -36.25% | - |
| EPS (Basic) | - | 4.39 | 4.64 | 3.94 | 3.65 | 6.53 | 6.77 | 10.62 |
| Diluted Shares Outstanding | 19.04M | 19.45M | 19.38M | 19.6M | 19.95M | 19.98M | 20.06M | 20.06M |
| Basic Shares Outstanding | 18.71M | 19.25M | 19.29M | 19.58M | 19.86M | 19.98M | 20.06M | 20.06M |
| Dividend Payout Ratio | - | - | - | - | - | 510.84% | - | - |
Regulatory disruption of fax
According to recent quarterly filings, CCSI's revenue growth has remained largely flat, with a 1.5% increase in 2026Q1 following a period of negative year-over-year growth, suggesting that gains in enterprise healthcare adoption are currently being neutralized by the ongoing attrition of the legacy SoHo subscriber base.
The lack of meaningful top-line expansion indicates that the company is struggling to find a new growth engine to replace its declining consumer segment. Investors should monitor whether the enterprise-focused 'Clarity' platform can eventually drive a positive inflection in revenue, or if the business is destined to remain a stagnant, cash-harvesting utility.
As reported in financial statements, CCSI maintains a robust gross margin profile of approximately 80%, a figure that highlights the company's ability to leverage its existing infrastructure to generate high-margin recurring revenue despite the broader industry shift toward more modern, API-based interoperability standards in healthcare.
This structural margin strength suggests that the company possesses significant pricing power within its niche, likely due to the high switching costs associated with entrenched fax numbers. However, maintaining these levels will require disciplined cost management as the company navigates the transition from legacy transmission to AI-driven data extraction.
Based on CCSI's reported figures, the company consistently achieves operating margins exceeding 40%, demonstrating that management has successfully prioritized operational efficiency and overhead control over aggressive expansion, which has allowed for stable profitability even as top-line growth remains elusive in the current competitive environment.
The ability to scale operating income relative to gross profit suggests a lean cost structure, though it may also indicate a lack of aggressive investment in new market opportunities. Analysts should consider whether this focus on margin preservation is a prudent defensive strategy or a sign of limited long-term growth potential.
Analysis of recent income statements reveals that CCSI's net income has been supported by a notable reduction in stock-based compensation, which dropped to zero in 2026Q1, suggesting that the company is currently avoiding the dilution and expense pressures that often plague other software-as-a-service entities.
The absence of stock-based compensation in the most recent quarter warrants further investigation into management's long-term incentive structures and talent retention strategies. While this improves reported EPS, investors should be cautious about whether this is a sustainable approach to managing the company's human capital and operational incentives.
While the company's financials appear stable, short-term observers may point to the risk that federal TEFCA mandates could accelerate the obsolescence of fax-based workflows, potentially forcing a rapid and costly pivot that the current income statement structure is not adequately prepared to absorb or fund.
The reliance on legacy transmission protocols creates a 'melting ice cube' risk that may be underappreciated by those focusing solely on current high margins. If regulatory pressure forces a faster-than-expected migration to API-based exchange, the company's core revenue base could face significant and permanent compression.
Quick answers to the most common questions about buying CCSI stock.
For fiscal year 2025, Consensus Cloud Solutions, Inc. (CCSI) reported total revenue of $349.7M. This represents a 8.4% increase compared to $322.6M in 2019.
Consensus Cloud Solutions, Inc. (CCSI) is profitable, generating $84.5M in net income for the fiscal year ending 2025 with a net profit margin of 24.2%.
Consensus Cloud Solutions, Inc. (CCSI) reported an operating income of $150.2M, resulting in an operating profit margin of 43.0%. This margin reflects the operational efficiency of the business before interest and taxes.
Consensus Cloud Solutions, Inc. (CCSI) generated $279.1M in gross profit for the year, representing a gross profit margin of 79.8%. This demonstrates the company's core pricing power and production efficiency.