CSP Inc. (CSPI) Income Statement
CSPI FY2025 at a glance
Fiscal year ended September 30, 2025 · U.S. dollarsCSPI revenue and net income
Where CSPI's revenue goes
FY2025Each bar shows an amount and its share of revenue. CSPI kept −0.2% of revenue as net income.
CSPI profit margins
CSPI growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +6.4% | +2.6% | −1.0% | −4.1% |
| Gross profit | −1.8% | −0.6% | +1.5% | −0.4% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CSPI quarterly EPS vs estimates
CSP beat the analyst EPS estimate in 0 of the last 1 quarters.
CSPI income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $58.7M | $55.2M | $64.6M | $54.4M | $49.2M | $61.8M | $79.1M | $72.9M | $111.5M | $103.4M |
| Cost of revenue | $40.2M | $36.4M | $42.7M | $35.5M | $33.1M | $44.6M | $61.0M | $54.5M | $86.0M | $78.3M |
| Gross profit | $18.5M | $18.9M | $21.9M | $18.8M | $16.1M | $17.2M | $18.0M | $18.4M | $25.5M | $25.0M |
| Research & development | $3.2M | $3.0M | $3.1M | $3.1M | $2.9M | $2.8M | $2.8M | $3.3M | $2.4M | $3.0M |
| Sales, general & admin | $18.4M | $17.8M | $16.9M | $15.8M | $14.6M | $15.8M | $16.1M | $16.7M | $19.4M | $18.3M |
| Total operating expenses | $21.6M | $20.7M | $20.1M | $18.9M | $17.5M | $18.6M | $18.9M | $20.0M | $21.7M | $21.2M |
| Operating income | −$3.1M | −$1.9M | $1.9M | −$40,000 | −$1.4M | −$1.4M | −$826,000 | −$1.6M | $3.8M | $3.8M |
| Interest income | $1.9M | $2.0M | $1.5M | $650,000 | $575,000 | $582,000 | $323,000 | $20,000 | $11,000 | $7,000 |
| Interest expense | $357,000 | $235,000 | $262,000 | $360,000 | $350,000 | $228,000 | $99,000 | $85,000 | $76,000 | $87,000 |
| Income before taxes | −$1.7M | −$419,000 | $4.7M | $1.9M | $678,000 | −$1.1M | −$442,000 | −$1.1M | $3.8M | $3.6M |
| Income taxes | −$1.6M | −$93,000 | −$469,000 | $50,000 | $444,000 | $384,000 | −$71,000 | $882,000 | $1.3M | $996,000 |
| Net income | −$91,000 | −$326,000 | $5.2M | $1.9M | $234,000 | −$1.4M | −$371,000 | $14.4M | $2.5M | $2.6M |
| EBITDA | −$602,000 | $610,000 | $1.9M | $895,000 | −$974,000 | −$972,000 | −$410,000 | −$976,000 | $4.4M | $4.5M |
| EPS (diluted) | −$0.02 | −$0.07 | $1.09 | $0.40 | $0.07 | −$0.36 | −$0.10 | −$0.35 | $0.62 | $0.59 |
| Gross margin | 31.5% | 34.1% | 33.9% | 34.6% | 32.8% | 27.8% | 22.8% | 25.2% | 22.9% | 24.2% |
| Operating margin | −5.3% | −3.4% | 2.9% | −0.1% | −2.8% | −2.3% | −1.0% | −2.2% | 3.4% | 3.7% |
| Net margin | −0.2% | −0.6% | 8.0% | 3.5% | 0.5% | −2.3% | −0.5% | 19.8% | 2.2% | 2.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.4M | $16.0M | $12.0M | $14.5M | $15.4M | $13.1M | $15.7M | $13.0M | $13.1M | $13.7M | $15.4M | $15.3M |
| Cost of revenue | $10.1M | $11.5M | $7.3M | $9.2M | $11.0M | $8.9M | $11.1M | $9.3M | $8.5M | $7.2M | $11.3M | $10.1M |
| Gross profit | $4.3M | $4.5M | $4.7M | $5.3M | $4.5M | $4.2M | $4.6M | $3.7M | $4.6M | $6.5M | $4.1M | $5.2M |
| Research & development | $832,000 | $818,000 | $858,000 | $910,000 | $791,000 | $763,000 | $786,000 | $793,000 | $737,000 | $726,000 | $700,000 | $705,000 |
| Sales, general & admin | $5.0M | $4.5M | $4.0M | $4.9M | $4.9M | $4.4M | $4.1M | $5.0M | $4.6M | $4.5M | $3.7M | $4.8M |
| Total operating expenses | $5.9M | $5.3M | $4.8M | $5.8M | $5.7M | $5.2M | $4.9M | $5.7M | $5.3M | $5.2M | $4.4M | $5.5M |
| Operating income | −$1.5M | −$851,000 | −$112,000 | −$538,000 | −$1.2M | −$994,000 | −$354,000 | −$2.0M | −$720,000 | $1.2M | −$343,000 | −$306,000 |
| Interest income | $524,000 | $527,000 | $601,000 | $511,000 | $440,000 | $414,000 | $489,000 | $550,000 | $523,000 | $478,000 | $496,000 | $473,000 |
| Interest expense | $182,000 | $167,000 | $128,000 | $98,000 | $105,000 | $77,000 | $77,000 | $85,000 | $55,000 | $46,000 | $49,000 | $54,000 |
| Income before taxes | −$1.2M | −$304,000 | $371,000 | −$212,000 | −$1.0M | −$791,000 | $357,000 | −$1.8M | −$260,000 | $1.7M | −$60,000 | $2.4M |
| Income taxes | −$366,000 | −$568,000 | $280,000 | −$21,000 | −$751,000 | −$683,000 | −$115,000 | −$166,000 | −$75,000 | $135,000 | $13,000 | $1.0M |
| Net income | −$846,000 | $264,000 | $91,000 | −$191,000 | −$264,000 | −$108,000 | $472,000 | −$1.7M | −$185,000 | $1.6M | −$73,000 | $1.4M |
| EBITDA | −$1.4M | $35,000 | $664,000 | $39,000 | −$741,000 | −$531,000 | $631,000 | −$1.5M | −$5,000 | $2.0M | $189,000 | $2.7M |
| EPS (diluted) | −$0.09 | — | — | −$0.02 | −$0.03 | −$0.01 | $0.05 | −$0.18 | −$0.02 | $0.16 | −$0.02 | $0.30 |
| Gross margin | 30.1% | 27.9% | 39.3% | 36.6% | 28.8% | 32.0% | 29.1% | 28.4% | 35.0% | 47.3% | 26.6% | 33.8% |
| Operating margin | −10.7% | −5.3% | −0.9% | −3.7% | −7.9% | −7.6% | −2.3% | −15.7% | −5.5% | 9.0% | −2.2% | −2.0% |
| Net margin | −5.9% | 1.6% | 0.8% | −1.3% | −1.7% | −0.8% | 3.0% | −12.7% | −1.4% | 11.6% | −0.5% | 9.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CSPI's financial statements (latest annual report filed December 16, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CSPI financial results
In fiscal year 2025 (ended September 30, 2025), CSP reported revenue of $58.7 million, up 6.4% from the year before. It had a net loss of $0.1 million, a net profit margin of −0.2%. Diluted earnings per share came to −$0.02. Over five years revenue grew at an average rate of −1.0% a year.
See the CSPI stock overview for the latest quote and news, or the CSPI chart for price history and technical indicators.
CSPI income statement FAQ
What is CSP's annual revenue?
CSP reported total revenue of $58.7 million for fiscal year 2025, which ended on September 30, 2025. That was up 6.4% from $55.2 million the previous year.
Is CSP profitable?
No. CSP reported a net loss of $0.1 million in fiscal 2025, a net profit margin of −0.2%; its operating margin was −5.3%.
What is CSP's gross margin?
CSP's gross margin was 31.5% in fiscal 2025: for every $100 of revenue, CSP kept $32 after the direct cost of its products and services.
How much does CSP spend on research and development?
CSP spent $3.2 million on research and development in fiscal 2025, 5.5% of revenue.
How fast is CSP growing?
Revenue grew −1.0% a year on average over the last five fiscal years, from $61.8 million to $58.7 million.
What are CSP's earnings per share?
CSP earned $-0.02 per diluted share in fiscal 2025, compared with $-0.07 a year earlier.
When does CSP's fiscal year end?
CSP's fiscal year ends in September. The latest annual report covers the year ended September 30, 2025 and was filed on December 16, 2025.