CSP Inc. (CSPI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 16.01M | 12.04M | 14.46M | 15.45M | 13.15M | 15.67M | 13.03M | 13.11M | 13.71M | 15.38M | 15.33M | 17.71M | 13.27M | 18.34M | 16.68M | 13.33M | 11.98M | 12.37M | 10.01M | 13.72M |
| Revenue Growth % | 21.79% | -23.19% | 10.99% | 17.88% | -4.08% | 1.92% | -14.96% | -25.99% | 3.29% | -16.19% | -8.14% | 32.88% | 10.75% | 48.31% | 66.67% | -2.88% | -14.96% | 8.61% | -29.86% | 1.4% |
| Cost of Goods Sold | 11.54M | 7.3M | 9.18M | 10.99M | 8.94M | 11.11M | 9.33M | 8.52M | 7.23M | 11.28M | 10.14M | 11.78M | 8.28M | 12.53M | 10.65M | 8.35M | 7.78M | 8.76M | 5.84M | 9.49M |
| COGS % of Revenue | 72.07% | 60.66% | 63.45% | 71.17% | 68% | 70.87% | 71.61% | 65.04% | 52.74% | 73.37% | 66.16% | 66.53% | 62.39% | 68.29% | 63.81% | 62.67% | 64.94% | 70.78% | 58.31% | 69.18% |
| Gross Profit | 4.47M | 4.74M | 5.29M | 4.45M | 4.21M | 4.56M | 3.7M | 4.58M | 6.48M | 4.09M | 5.19M | 5.93M | 4.99M | 5.82M | 6.04M | 4.97M | 4.2M | 3.61M | 4.17M | 4.23M |
| Gross Margin % | 27.93% | 39.34% | 36.55% | 28.83% | 32% | 29.13% | 28.39% | 34.96% | 47.26% | 26.63% | 33.84% | 33.47% | 37.61% | 31.71% | 36.19% | 37.33% | 35.06% | 29.22% | 41.69% | 30.82% |
| Gross Profit Growth % | 6.3% | 3.75% | 42.89% | -2.82% | -35.06% | 11.45% | -28.65% | -22.69% | 29.82% | -29.6% | -14.12% | 19.16% | 18.81% | 60.96% | 44.68% | 17.62% | -3.85% | 6.99% | -5.76% | 0.12% |
| Operating Expenses | 5.32M | 4.85M | 5.83M | 5.68M | 5.2M | 4.92M | 5.74M | 5.3M | 5.24M | 4.44M | 5.49M | 5.35M | 4.75M | 4.45M | 5.68M | 4.96M | 4.22M | 4.01M | 4.52M | 4.59M |
| OpEx % of Revenue | 33.24% | 40.27% | 40.27% | 36.74% | 39.56% | 31.38% | 44.07% | 40.46% | 38.26% | 28.87% | 35.83% | 30.22% | 35.82% | 24.27% | 34.03% | 37.18% | 35.26% | 32.42% | 45.16% | 33.42% |
| Selling, General & Admin | 4.5M | 3.99M | 4.92M | 4.88M | 4.44M | 4.13M | 4.95M | 4.57M | 4.52M | 3.74M | 4.79M | 4.61M | 3.9M | 3.62M | 4.82M | 4.07M | 3.51M | 3.38M | 3.83M | 3.89M |
| SG&A % of Revenue | 28.14% | 33.14% | 33.98% | 31.62% | 33.76% | 26.37% | 37.98% | 34.83% | 32.96% | 24.31% | 31.23% | 26.04% | 29.35% | 19.72% | 28.9% | 30.55% | 29.27% | 27.35% | 38.21% | 28.32% |
| Research & Development | 818K | 858K | 910K | 791K | 763K | 786K | 793K | 737K | 726K | 700K | 705K | 741K | 858K | 836K | 856K | 884K | 717K | 627K | 696K | 700K |
| R&D % of Revenue | 5.11% | 7.13% | 6.29% | 5.12% | 5.8% | 5.02% | 6.08% | 5.62% | 5.3% | 4.55% | 4.6% | 4.18% | 6.47% | 4.56% | 5.13% | 6.63% | 5.98% | 5.07% | 6.95% | 5.1% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10K | 0 | 21K | 0 | 0 | 0 | -20K | -16K | 19K | 0 | 0 |
| Operating Income | -851K | -112K | -538K | -1.22M | -994K | -354K | -2.04M | -720K | 1.23M | -343K | -306K | 575K | 237K | 1.36M | 361K | 19K | -24K | -396K | -347K | -357K |
| Operating Margin % | -5.31% | -0.93% | -3.72% | -7.92% | -7.56% | -2.26% | -15.68% | -5.49% | 9% | -2.23% | -2% | 3.25% | 1.79% | 7.44% | 2.16% | 0.14% | -0.2% | -3.2% | -3.47% | -2.6% |
| Operating Income Growth % | 14.39% | 68.36% | 73.67% | -69.86% | -180.55% | -3.21% | -567.65% | -225.22% | 420.68% | -125.15% | -184.76% | 2926.32% | 1087.5% | 444.44% | 204.03% | 105.32% | 80.17% | 26.26% | 28.6% | 9.16% |
| EBITDA | -679K | 53K | -385K | -1.05M | -811K | -157K | -1.85M | -520K | 1.43M | -143K | -95K | 819K | 474K | 1.6M | 559K | 216K | 220K | -100K | -252K | -103K |
| EBITDA Margin % | -4.24% | 0.44% | -2.66% | -6.82% | -6.17% | -1% | -14.17% | -3.97% | 10.45% | -0.93% | -0.62% | 4.63% | 3.57% | 8.74% | 3.35% | 1.62% | 1.84% | -0.81% | -2.52% | -0.75% |
| EBITDA Growth % | 16.28% | 133.76% | 79.16% | -102.69% | -156.63% | -9.79% | -1844.21% | -163.49% | 202.11% | -108.92% | -116.99% | 279.17% | 115.45% | 1703% | 321.83% | 309.71% | 60.58% | 76.91% | 34.72% | 63.21% |
| D&A (Non-Cash Add-back) | 172K | 165K | 153K | 169K | 183K | 197K | 196K | 200K | 198K | 200K | 211K | 244K | 237K | 239K | 198K | 197K | 244K | 296K | 95K | 254K |
| EBIT | -851K | 499K | -114K | -910K | -714K | 434K | -1.74M | -205K | 1.77M | -11K | 2.48M | 904K | 454K | 1.16M | 1.51M | 775K | 262K | -249K | 35K | -257K |
| Net Interest Income | 360K | 473K | 413K | 335K | 337K | 412K | 465K | 468K | 432K | 447K | 419K | 319K | 263K | 197K | 147K | 78K | 25K | 40K | 63K | 44K |
| Interest Income | 527K | 601K | 511K | 440K | 414K | 489K | 550K | 523K | 478K | 496K | 473K | 401K | 325K | 261K | 221K | 158K | 126K | 145K | 169K | 175K |
| Interest Expense | 167K | 128K | 98K | 105K | 77K | 77K | 85K | 55K | 46K | 49K | 54K | 82K | 62K | 64K | 74K | 80K | 101K | 105K | 106K | 131K |
| Other Income/Expense | 547K | 483K | 326K | 208K | 203K | 711K | 221K | 460K | 489K | 283K | 2.73M | 247K | 155K | -270K | 1.08M | 676K | 185K | 42K | 276K | -31K |
| Pretax Income | -304K | 371K | -212K | -1.01M | -791K | 357K | -1.82M | -260K | 1.72M | -60K | 2.43M | 822K | 392K | 1.09M | 1.44M | 695K | 161K | -354K | -71K | -388K |
| Pretax Margin % | -1.9% | 3.08% | -1.47% | -6.57% | -6.02% | 2.28% | -13.98% | -1.98% | 12.57% | -0.39% | 15.84% | 4.64% | 2.95% | 5.96% | 8.61% | 5.22% | 1.34% | -2.86% | -0.71% | -2.83% |
| Income Tax | -568K | 280K | -21K | -751K | -683K | -115K | -166K | -75K | 135K | 13K | 1.02M | -1.69M | 71K | 133K | 22K | 11K | 5K | 12K | -424K | 35K |
| Effective Tax Rate % | 186.84% | 75.47% | 9.91% | 73.99% | 86.35% | -32.21% | 9.11% | 28.85% | 7.84% | -21.67% | 41.99% | -205.84% | 18.11% | 12.16% | 1.53% | 1.58% | 3.11% | -3.39% | 597.18% | -9.02% |
| Net Income | 264K | 91K | -191K | -264K | -108K | 472K | -1.66M | -185K | 1.59M | -73K | 1.41M | 2.51M | 321K | 961K | 1.42M | 684K | 156K | -366K | 818K | -423K |
| Net Margin % | 1.65% | 0.76% | -1.32% | -1.71% | -0.82% | 3.01% | -12.71% | -1.41% | 11.59% | -0.47% | 9.19% | 14.2% | 2.42% | 5.24% | 8.48% | 5.13% | 1.3% | -2.96% | 8.17% | -3.08% |
| Net Income Growth % | 344.44% | -80.72% | 88.47% | -42.7% | -106.8% | 746.58% | -217.61% | -107.36% | 394.7% | -107.6% | -0.49% | 267.54% | 105.77% | 362.57% | 72.98% | 261.7% | 118.42% | -131.8% | 2172.22% | -101.43% |
| Net Income (Continuing) | 264K | 91K | -191K | -264K | -108K | 472K | -1.66M | -185K | 1.59M | -73K | 1.41M | 2.51M | 321K | 961K | 1.42M | 684K | 156K | -366K | 353K | -423K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.03 | 0.01 | -0.02 | -0.03 | -0.01 | 0.05 | -0.14 | -0.02 | 0.16 | -0.01 | 0.15 | 0.26 | 0.03 | 0.10 | 0.33 | 0.15 | 0.04 | -0.09 | 0.19 | -0.10 |
| EPS Growth % | 325.86% | -80% | 85.71% | -38.92% | -107.25% | - | -193.33% | -107.81% | 373.37% | -108.2% | -54.55% | 73.33% | -7.14% | 214.81% | 73.68% | 250% | 118.2% | -133.5% | 1800% | -92.68% |
| EPS (Basic) | 0.03 | 0.01 | -0.02 | -0.03 | -0.01 | 0.05 | -0.14 | -0.02 | 0.16 | -0.01 | 0.15 | 0.27 | 0.03 | 0.11 | 0.33 | 0.15 | 0.04 | -0.09 | 0.19 | -0.10 |
| Diluted Shares Outstanding | 9.46M | 9.44M | 9.36M | 9.36M | 9.34M | 9.62M | 9.12M | 9.11M | 9.46M | 8.86M | 8.93M | 9.03M | 8.92M | 8.66M | 4.3M | 4.28M | 4.29M | 4.2M | 4.21M | 4.18M |
| Basic Shares Outstanding | 9.46M | 9.44M | 9.36M | 9.36M | 9.34M | 9.12M | 9.12M | 9.11M | 9.07M | 8.86M | 8.85M | 8.83M | 10.7M | 8.59M | 4.29M | 4.28M | 4.27M | 4.07M | 4.19M | 4.18M |
| Dividend Payout Ratio | 226.89% | - | - | - | - | - | - | - | - | - | 13.49% | 7.48% | - | - | - | - | - | - | - | - |