Saturday 17 October 2026 Export TSSI’s income statement to Excel — free account

TSS Inc.

TSSI Technology Information Technology Services

TSS Inc.’s revenue for fiscal 2025 (year ended December 2025) was $245.7 million, up 65.9% from fiscal 2024. In the quarter to June 2026, revenue fell 20.1%, EPS fell 16.7%, free cash flow fell 34.5% and total debt fell 17.7%, each against the same quarter a year earlier. Revenue growth for three consecutive years; insiders bought in the last twelve months.

7.07 0.36 −4.85%

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Market cap: $209.7M
P/E: 13.6×
Fwd P/E: 58.2×
Dividend yield: —
F-score: 6/9
Altman Z: 2.38
Beneish M: −2.93
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.26

Total sells 8.89

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	5	—	—	—	—	—	6	—	—	—	—	—
Sell	—	1	—	—	1	5	2	1	—	—	—	—

Insider Ownership 8.56%

Capital & Financial Ratios $m

Market Cap 209.67

Revenue 193.28

Net Income 14.37

Free Cash Flow (20.98)

Net Debt (53.41)

Current Ratio 1.66

Debt/Equity 0.20

P/E ratio 13.60

Fwd P/E 58.20

P/S ratio 1.03

P/B ratio 2.47

Past 5Y EPS Growth 171.44%

This Y EPS Growth (57.74%)

Next Y EPS Growth 33.10%

Next Y revenue growth (23.04%)

Next 5Y EPS Growth (21.68%)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 39.17%

10-year low 10-year high

P/S against its own 10 years 82.09%

10-year low 10-year high

P/B against its own 10 years 3.60%

10-year low 10-year high

EV/Sales against its own 10 years 78.63%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	12	23	86	69
Receivables	4	16	13	14
Inventory	2	18	16	17
Other	1	1	3	0
	19	58	119	103

	2023	2024	2025	Q'26
Payables	14	36	46	38
ST’ Debt	—	—	4	4
Other	—	—	—	—
	18	57	73	62

Compound Annual Growth %

	10y	5y	3y
Sales	23.62%	40.39%	100.17%
Cash Flow	0.00%	28.38%	33.32%
Earnings	0.00%	186.03%	0.00%
Book Value	0.00%	88.94%	196.70%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	55	35	—	—	—
’25	99	44	42	61	246
’24	16	12	70	50	148
’23	7	15	9	24	54
’22	5	6	8	11	31
’21	5	3	5	15	27
’20	11	6	21	7	45

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(15)	8	—	—	—
’25	21	16	(18)	16	35
’24	3	(4)	39	(22)	15
’23	(14)	18	5	(17)	(8)
’22	5	(4)	3	11	15
’21	(10)	(1)	5	(4)	(10)
’20	(3)	1	2	10	10

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(15)	4	—	—	—
’25	6	5	(25)	16	2
’24	3	(6)	39	(28)	7
’23	(14)	18	5	(17)	(9)
’22	5	(5)	3	11	14
’21	(10)	(1)	5	(4)	(11)
’20	(3)	1	2	10	10

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.08	0.05	—	—	—
’25	0.12	0.06	(0.06)	0.41	0.56
’24	0.00	0.06	0.10	0.08	0.24
’23	(0.04)	0.01	0.01	0.02	0.00
’22	(0.02)	0.04	0.03	(0.05)	0.00
’21	(0.04)	(0.03)	0.01	(0.01)	(0.07)
’20	(0.02)	(0.06)	0.05	0.04	0.00

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	0.02	0.04	0.31	0.65	0.51	0.39	0.33	0.25	0.24	5.63	Analyst estimates 2026–2028 Powerpack
	High	0.20	0.54	1.09	1.64	1.65	0.94	0.71	0.59	12.99	31.94
People
People	Employees	78	66	67	65	63	67	70	81	161	286
	Revenue/emp, $m	0.35	0.28	0.33	0.50	0.72	0.41	0.44	0.67	0.92	0.86
Income, $m
Income, $m	Revenue	27	18	22	33	45	27	31	54	148	246
	Gross margin, %	26.33	42.18	37.98	20.11	15.10	23.21	29.31	20.22	15.09	13.18
	EBT	(1)	1	2	0	0	(1)	0	0	6	8
	EBT margin, %	(3.67)	4.23	11.03	0.51	0.29	(4.49)	(0.06)	0.25	4.14	3.07
	Net income	(1)	1	2	0	0	(1)	0	0	6	15
	Depreciation	1	1	0	0	1	1	0	0	1	4
Per share, $
Per share, $	Revenue	1.78	1.18	1.44	1.89	2.53	1.49	1.53	2.52	6.61	9.85
	Earnings	(0.07)	0.05	0.16	0.01	0.00	(0.07)	0.00	0.00	0.27	0.61
	Cash flow	0.14	0.00	0.12	0.17	0.56	(0.57)	0.73	(0.38)	0.68	1.40
	Capex	(0.02)	(0.01)	(0.02)	(0.03)	(0.02)	0.00	(0.03)	(0.01)	(0.38)	(1.31)
	Free cash flow	0.13	(0.02)	0.11	0.14	0.54	(0.57)	0.71	(0.39)	0.30	0.09
	Book value	(0.09)	(0.02)	0.16	0.17	0.18	0.12	0.15	0.16	0.32	3.07
	Shares, m	15	16	16	17	18	18	20	22	22	25
Valuation, ×
Valuation, ×	P/E	0.00	9.28	5.42	220.27	71.00	0.00	0.00	78.38	43.81	12.19
	P/S	0.02	0.42	0.58	0.86	0.28	0.30	0.37	0.12	1.79	0.72
	P/B	0.00	0.00	5.26	9.86	3.97	3.75	3.90	1.77	37.22	2.30
	EV/Sales	0.00	0.41	0.41	0.67	(0.08)	0.16	(0.16)	(0.03)	1.71	0.44
	EV/FCF	0.01	(29.28)	5.48	9.10	(0.39)	(0.41)	(0.35)	0.18	37.09	51.38
Cash, $m
Cash, $m	Operating cash flow	2	0	2	3	10	(10)	15	(8)	15	35
	Capex	0	0	0	(1)	0	0	(1)	0	(8)	(33)
	Free cash flow	2	0	2	2	10	(11)	14	(9)	7	2
Balance, $m
Balance, $m	Working capital	(4)	(2)	3	3	3	0	0	1	1	46
	Total debt	2	2	2	2	2	2	—	—	8	18
	Net debt	(1)	(1)	(4)	(7)	(17)	(6)	(20)	(12)	(15)	(67)
	Shareholders’ equity	(1)	0	2	3	3	2	3	4	7	77
Returns, %
Returns, %	ROA	(9.49)	10.01	30.78	0.94	0.38	(6.02)	(0.29)	0.26	9.78	10.75
	ROIC	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	43.24
	ROE	100.74	(88.25)	223.99	4.71	2.61	(48.16)	(2.84)	2.28	111.84	36.11

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
WYFI WhiteFiber, Inc.	$505.4M	— (loss-making)	— (loss-making)	+54.53% (above 0%: growing)	n/m	−5.87% (below 0%: shrinking)	59.40%	(32.09%)	Compare
VRRM VERRA MOBILITY CORP	$446.8M	10.6×	5.1×	+11.68% (above 0%: growing)	n/m	−19.16% (below 0%: shrinking)	54.92%	(12.44%)	Compare
HCKT The Hackett Group, Inc.	$290.1M	17.4×	11.0×	−12.13% (below 0%: shrinking)	+200.00% (above 0%: growing)	+236.56% (above 0%: growing)	39.97%	11.12%	Compare
TTGT TechTarget, Inc.	$287.2M	— (loss-making)	68.9×	−3.16% (below 0%: shrinking)	n/m	−36.09% (below 0%: shrinking)	55.52%	(19.01%)	Compare
III Information Services Group, Inc.	$276.0M	23.5×	18.2×	+6.37% (above 0%: growing)	+40.00% (above 0%: growing)	−57.62% (below 0%: shrinking)	48.82%	8.94%	Compare
CNDT Conduent Inc.	$244.2M	— (loss-making)	— (loss-making)	−11.94% (below 0%: shrinking)	n/m	+77.14% (above 0%: growing)	18.08%	(7.72%)	Compare
TSSI TSS Inc.	$209.7M	13.6×	58.2×	−20.08% (below 0%: shrinking)	−16.67% (below 0%: shrinking)	−34.48% (below 0%: shrinking)	22.79%	4.56%
UIS Unisys Corporation	$164.1M	— (loss-making)	— (loss-making)	−2.03% (below 0%: shrinking)	n/m	+85.44% (above 0%: growing)	24.77%	(6.95%)	Compare
ALYAF Alithya Group Inc.	$133.6M	— (loss-making)	12.5×	−15.47% (below 0%: shrinking)	n/m	−10.24% (below 0%: shrinking)	30.36%	(0.05%)	Compare
Median of peers	$281.6M	17.4×	12.5×	−2.59%	—	−8.06%	44.40%	(7.33%)

All 73 Information Technology Services stocks →

TSS Inc. (TSSI) key facts

Strength: TSS Inc.’s revenue for fiscal 2025 (year ended December 2025) was $245.7 million, up 65.9% from fiscal 2024.
TSS Inc. (TSSI) is an Information Technology Services company in the Technology sector, listed on Nasdaq.
As of October 16, 2026, TSSI traded at $7.07, a market capitalization of $209.7 million.
Return on equity was 36.1% and debt-to-equity 0.20.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 2.38 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.