undamentalytics Newsletter
Sign in

Research Solutions, Inc. (RSSS) stock

Add to watchlist

Add holding +

NASDAQ: RSSS Nasdaq Data Processing & Outsourced Services Next results ~November 12, 2026

C+ Fundamentals grade

Research Solutions, Inc. is a US-listed company in the data processing & outsourced services industry. Its financial year ends in June.

Stock price today

Loading chart…

Third-party market data · may be delayed

Fair value per share

~$2.2

Cash-flow model

Base case. Range ~$1.8–$2.8 across our lower- and higher-growth cases (-1.5%–8.5% a year).

Price vs value

Modestly undervalued

The price is inside our value range, 16% below our base value.

Price used: $1.86, November 2, 2026

Research Solutions, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds14 adding, 13 cuttingOf 4 active managers that changed their stake, 0 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Research Solutions files

Where Research Solutions stands after its latest 10-K

Revenue for the twelve months to June 2026 was $48m, down 1.5% on a year earlier, a steeper fall than the 0.2% decline a quarter earlier. Free-cash-flow margin rose to 10.8% from 7.1% a year earlier. Operating margin widened to 7.4% from 5.1%. The diluted share count is up 2.4% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 1 of our 2 financial-health checks. Our cash-flow model value is $2.31 a share.

Source: 10-K filed September 11, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 12, 2026 (estimated)

Research Solutions, Inc.'s trailing-twelve-month revenue fell 1.5% year on year, with a free-cash-flow margin of 10.8%. Where it stands out: gross margin of 51.9% ranks 2 of 6 data processing & outsourced services companies we cover.

Our discounted-cash-flow model values the business at ~$2.2 per share in the base case (~$1.8–$2.8 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Net income rising while operating cash flow falls: TTM net income grew 123.0% while operating cash flow fell 24.9% — earnings and cash are telling different stories.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Net cash. Cash exceeds long-term debt by $0.0bn.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 25.0% over 90 days.

Things to watch

  • Revenue shrinking. Revenue fell 1.5% over the last 12 months.
  • Share dilution. Diluted shares rose 2.4% in a year.
  • Missing expectations. Earnings per share fell short of the consensus estimate in 4 of the last four quarters.

Latest results: FY2026 Q4

Filed September 11, 2026
Earnings per share
$0.03 against an average estimate of $0.04: missed by 24.7%
Revenue
$12m, down 2.9% on a year earlier
Share reaction
-2.3% in the first session after the results on September 9, 2026, against -1.1% for the S&P 500
Next report
November 12, 2026; average EPS estimate $0.03

Research Solutions' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.6%
  • 1 week-5.6%
  • 1 month-13.5%
  • This year-36.7%
  • 1 year-42.6%
  • 5 years-28.2%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$48.3M
Operating margin
7.4%
Net margin
5.8%
EPS (TTM, diluted)
$0.09

Growth

Revenue growth
−1.5%
Change in growth rate
−1.3 pts
Share count change
+2.4%

Cash

Free cash flow (TTM)
$5.2M
FCF margin
10.8%

Earnings

Last results
September 9, 2026
Next results (est.)
December 9, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Leadership

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Research Solutions, Inc. valuation models and calculator

What the price is pricing in

The share price implies about 0.1% a year of cash-flow growth for five years.That is slower than the 8.8% a year revenue growth Research Solutions has delivered.

  • Priced in0.1%
  • Last 12 months-1.5%
  • 3 years a year8.6%
  • 5 years a year8.8%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($1.89, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$2.2
Price used
$1.89close November 3, 2026
Implied change
▲ +17%
Uncertainty
Low

How we got here: a discounted-cash-flow model of Research Solutions, Inc.'s free cash flow after stock-based pay with after-tax interest added back ($3.4M, FY2026 Q4 TTM), growing 2.3% and 3.9% in the next two years (forecasts, guidance and its record), then back to 3.5% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$1.8–~$2.8 ; that spread sets a 15% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Research Solutions, Inc.'s free cash flow after stock-based pay ( $3.4M, FY2026 Q4 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Research Solutions, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 8.9%: the 10-year Treasury yield (4.9%) plus a beta of 0.88 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$2.2 ~$1.8–$2.8 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: fewer than 5 peers with a usable multiple
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: the model gives no positive value
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$2.2 ~$1.8–$2.8 1 model

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Research Solutions, Inc. with Data Processing & Outsourced Services in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −22%
  • Revenue growth 5 points higher ▲ +29%
  • Free-cash-flow margin 1 point lower ▼ −8%
  • Last year's free-cash-flow margin change, if it persists ▼ −8%
  • Discount rate 1 point higher ▼ −12%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $2$2$3$4$5$7
8.5% $2$2$2$3$4$5
10% $1$2$2$2$3$4

Valuation multiples over time Market data may be delayed

At fiscal year end 20162017201820192020202120222023202420252026
Share price$1.08$0.99$1.95$2.78$2.37$2.86$1.78$2.04$2.55$2.87$2.32
Market value$19m$23m$46m$66m$59m$74m$47m$59m$74m$90m$75m
+ Net debt (− = net cash)−$6m−$6m−$5m−$5m−$9m−$11m−$11m−$14m−$6m−$12m−$13m
Enterprise value$13m$17m$41m$61m$49m$63m$36m$46m$68m$78m$62m
Multiples
Price / sales 0.6x0.9x1.6x2.3x1.9x2.3x1.4x1.6x1.6x1.8x1.5x
Price / earnings ———————104.0x—71.4x26.5x
Price / free cash flow 151.4x——118.1x24.3x40.2x—17.8x21.2x12.9x14.3x
EV / EBITDA ———————157.6xn/m20.9x12.9x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

19 /100

Weak moat

How hard Research Solutions's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Cash operating profit has been a median -0.8% of total assets over 10 years.

  • Pricing power 5 / 20

    Gross margin has been a median 34.4%, moving by 9.1 percentage points (standard deviation) across 10 years.

  • Durability 10 / 20

    Operating margin has been a median -2.2%; its worst year was -12.0%.

  • Cash conversion 9 / 20

    Free cash flow was positive in 7 of 10 years, at a median 3.3% of revenue.

  • Discipline 10 / 20

    The diluted share count rose 24.1% over five years; stock-based pay has been a median 0.4% of revenue.

AI disruption exposure: High. In this industry, the core product is information work that AI systems increasingly perform. The score above includes a 15-point deduction for that exposure (34 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 12, 2026, after the close. Analysts expect revenue of $12m and EPS of $0.03 (range $0.03 to $0.04) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.14 +23% $49m +1%
Next $0.17 +22% $52m +5%

Next year's EPS estimate has moved +25.0% in 90 days, across 2 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −6.5% on 90 days ago. In the last 30 days, 0 analysts raised Research Solutions, Inc.'s forecast and 1 cut it.

Consensus EPS forecast Research Solutions, Inc., last 90 days
$0.14 $0.15 $0.16 $0.17 $0.18 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.15 Current fiscal year, 60 days ago: $0.15 Current fiscal year, 30 days ago: $0.15 Current fiscal year, 7 days ago: $0.15 Current fiscal year, Now: $0.14 $0.14 Next fiscal year, 90 days ago: $0.14 Next fiscal year, 60 days ago: $0.14 Next fiscal year, 30 days ago: $0.14 Next fiscal year, 7 days ago: $0.14 Next fiscal year, Now: $0.17 $0.17

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.15$0.14
60 days ago $0.15$0.14
30 days ago $0.15$0.14
7 days ago $0.15$0.14
Now $0.14$0.17

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.04 $0.03 −24.7%
Mar 2026 $0.04 $0.03 −6.7%
Dec 2025 $0.03 $0.02 −21.6%
Sept 2025 $0.03 $0.03 −10.0%

Adjusted EPS as companies report it, against the average analyst estimate.

How our valuation uses these forecasts

Our cash-flow model grows Research Solutions, Inc.'s revenue by +2.3% next year and +3.9% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+1.4%, weight 60%) and the company's own record (+3.5%, weight 40%) . How the weights are set.

Analyst recommendations

3 analysts, Oct 2026
Buy3100%
Hold00%
Sell00%

Monthly trend

  1. Oct 2026123

Counts of recommendations published by analysts covering Research Solutions, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
0.2%
of tradable shares
Days to cover
1.25
at average volume
Short interest, 1 month
−24%
to October 15, 2026
Held by institutions
44%
of shares
Held by insiders
13.8%
of shares
Employees
141
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −42.6%

$3.24 on October 31, 2025 to $1.86

ThenNowEffect
Revenue (last 12 months) $49m $48m −1.5%
Net margin 2.6% 5.8% +126.5%
P/E multiple 80.7x 21.3x −73.6%
Share count 32m 32m −2.4%

Biggest factor: p/e multiple.

Last 3 years −20.9%

$2.35 on November 3, 2023 to $1.86

ThenNowEffect
Revenue (last 12 months) $38m $48m +28.1%
Net margin 1.5% 5.8% +285.3%
P/E multiple 119.8x 21.3x −82.2%
Share count 29m 32m −9.7%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
RSSS+6%−22%+35%+60%−29%−37%
Industry peers (median)+10%−25%−4%−14%−15%−22%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
RSSS42%42%58%50%42%36%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
RSSS−31%−29%−16%−30%−43%−39%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 3, 2015: 56% from December 16, 2024 to October 30, 2026. Getting back needed a 127% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$1.83 – $3.20
From 52-week high
−41.9%
vs 50-day average
−10.2%
vs 200-day average
−19.3%
Volatility (1 year)
44%
Beta vs S&P 500
0.46

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
7 up, 5 down
typical move ±3.9%
After a week
5 up, 7 down
typical move ±6.6%
After a month
3 up, 9 down
typical move ±14.7%
Results releasedNext dayS&P 500 next day5 days21 days
September 9, 2026 −2.3% −1.1% −5.5% −6.9%
May 14, 2026 −4.8% −0.4% −10.0% −10.0%
February 12, 2026 −0.4% −1.5% −2.4% −8.4%
November 13, 2025 +4.2% −1.7% −12.1% −6.5%
September 18, 2025 −1.1% +1.0% +3.0% −15.1%
August 19, 2025 +4.9% −0.8% +5.6% +36.9%
May 8, 2025 +10.4% +0.6% +5.0% 0.0%
February 13, 2025 −5.5% +1.1% −16.2% −24.3%
November 14, 2024 +3.9% −1.9% +10.4% +48.7%
September 19, 2024 +6.4% +1.5% +4.9% +4.2%
August 19, 2024 +1.1% +0.8% −2.9% −4.7%
May 9, 2024 +1.7% +0.7% −1.4% −10.5%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Research Solutions, Inc. in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Research Solutions, Inc.
$35M $40M $45M $50M FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Revenue (TTM), FY24 Q1: $39.1M Revenue (TTM), FY24 Q2: $40.7M Revenue (TTM), FY24 Q3: $42.5M Revenue (TTM), FY24 Q4: $44.6M Revenue (TTM), FY25 Q1: $46.6M Revenue (TTM), FY25 Q2: $48.2M Revenue (TTM), FY25 Q3: $48.8M Revenue (TTM), FY25 Q4: $49.1M Revenue (TTM), FY26 Q1: $49.3M Revenue (TTM), FY26 Q2: $49.2M Revenue (TTM), FY26 Q3: $48.7M Revenue (TTM), FY26 Q4: $48.3M $48.3M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY24 Q1 $39.1M
FY24 Q2 $40.7M
FY24 Q3 $42.5M
FY24 Q4 $44.6M
FY25 Q1 $46.6M
FY25 Q2 $48.2M
FY25 Q3 $48.8M
FY25 Q4 $49.1M
FY26 Q1 $49.3M
FY26 Q2 $49.2M
FY26 Q3 $48.7M
FY26 Q4 $48.3M
Revenue growth, TTM YoY Research Solutions, Inc.
-10% 0% 10% 20% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Revenue growth, TTM YoY, FY24 Q1: 15.4% Revenue growth, TTM YoY, FY24 Q2: 17.2% Revenue growth, TTM YoY, FY24 Q3: 16.9% Revenue growth, TTM YoY, FY24 Q4: 18.4% Revenue growth, TTM YoY, FY25 Q1: 19.3% Revenue growth, TTM YoY, FY25 Q2: 18.5% Revenue growth, TTM YoY, FY25 Q3: 14.8% Revenue growth, TTM YoY, FY25 Q4: 9.9% Revenue growth, TTM YoY, FY26 Q1: 5.8% Revenue growth, TTM YoY, FY26 Q2: 2.1% Revenue growth, TTM YoY, FY26 Q3: -0.2% Revenue growth, TTM YoY, FY26 Q4: -1.5% -1.5%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q1 15.4%
FY24 Q2 17.2%
FY24 Q3 16.9%
FY24 Q4 18.4%
FY25 Q1 19.3%
FY25 Q2 18.5%
FY25 Q3 14.8%
FY25 Q4 9.9%
FY26 Q1 5.8%
FY26 Q2 2.1%
FY26 Q3 -0.2%
FY26 Q4 -1.5%
Operating margin (TTM) Research Solutions, Inc.
-5% 0% 5% 10% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Operating margin (TTM), FY24 Q1: -2.7% Operating margin (TTM), FY24 Q2: -2.8% Operating margin (TTM), FY24 Q3: -2.8% Operating margin (TTM), FY24 Q4: -1.7% Operating margin (TTM), FY25 Q1: 2.1% Operating margin (TTM), FY25 Q2: 3.1% Operating margin (TTM), FY25 Q3: 4.0% Operating margin (TTM), FY25 Q4: 5.1% Operating margin (TTM), FY26 Q1: 5.7% Operating margin (TTM), FY26 Q2: 7.0% Operating margin (TTM), FY26 Q3: 8.1% Operating margin (TTM), FY26 Q4: 7.4% 7.4%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY24 Q1 -2.7%
FY24 Q2 -2.8%
FY24 Q3 -2.8%
FY24 Q4 -1.7%
FY25 Q1 2.1%
FY25 Q2 3.1%
FY25 Q3 4.0%
FY25 Q4 5.1%
FY26 Q1 5.7%
FY26 Q2 7.0%
FY26 Q3 8.1%
FY26 Q4 7.4%
FCF margin (TTM) Research Solutions, Inc.
-5% 0% 5% 10% 15% 20% FY22 Q4 FY23 Q3 FY24 Q2 FY26 Q4 FCF margin (TTM), FY22 Q4: -1.4% FCF margin (TTM), FY23 Q1: -0.8% FCF margin (TTM), FY23 Q2: 2.6% FCF margin (TTM), FY23 Q3: 5.0% FCF margin (TTM), FY23 Q4: 8.8% FCF margin (TTM), FY24 Q1: 6.2% FCF margin (TTM), FY24 Q2: 4.5% FCF margin (TTM), FY24 Q3: 7.1% FCF margin (TTM), FY24 Q4: 7.8% FCF margin (TTM), FY26 Q2: 15.5% FCF margin (TTM), FY26 Q3: 11.8% FCF margin (TTM), FY26 Q4: 10.8% 10.8%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY22 Q4 -1.4%
FY23 Q1 -0.8%
FY23 Q2 2.6%
FY23 Q3 5.0%
FY23 Q4 8.8%
FY24 Q1 6.2%
FY24 Q2 4.5%
FY24 Q3 7.1%
FY24 Q4 7.8%
FY26 Q2 15.5%
FY26 Q3 11.8%
FY26 Q4 10.8%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2011 Jun 2011 2012 Jun 2012 2013 Jun 2013 2014 Jun 2014 2015 Jun 2015 2016 Jun 2016 2017 Jun 2017 2018 Jun 2018 2019 Jun 2019 2020 Jun 2020 2021 Jun 2021 2022 Jun 2022 2023 Jun 2023 2024 Jun 2024 2025 Jun 2025 2026 Jun 2026
Income
Revenue 34 43 45 28 32 34 26 28 29 31 32 33 38 45 49 48
Gross profit 4 8 10 5 6 6 6 7 8 10 10 12 15 20 24 25
EBITDA −5 −5 1 −1 −0 −1 −3 −2 −1 −1 −0 −2 0 0 4 5
Operating income −5 −7 0 −1 −0 −1 −3 −2 −1 −1 −0 −2 0 −1 3 4
Net income −5 −7 0 −2 1 −0 −2 −2 −1 −1 −0 −2 1 −4 1 3
Diluted EPS −$0.36 −$0.38 $0.01 −$0.11 $0.04 −$0.03 −$0.10 −$0.07 −$0.04 −$0.03 −$0.01 −$0.06 $0.02 −$0.13 $0.04 $0.09
Growth (year on year)
Revenue — +27.8% +6.3% −37.4% +12.0% +7.7% −25.1% +8.8% +2.8% +7.9% +2.2% +3.7% +14.5% +18.4% +9.9% −1.5%
EBITDA — — — −185.1% — — — — — — — — — — — +29.3%
Operating income — — — — — — — — — — — — — — — +43.5%
Net income — — — — — −164.3% — — — — — — — — — +123.0%
Diluted EPS — — — — — −175.0% — — — — — — — — — +125.0%
Margins
Gross margin 11.7% 18.8% 21.0% 19.1% 19.4% 16.4% 23.7% 26.2% 29.0% 31.0% 32.4% 36.5% 39.0% 44.0% 49.3% 51.9%
EBITDA margin −13.5% −12.0% 2.2% −2.9% −1.0% −3.5% −11.5% −6.4% −4.2% −2.7% −0.9% −4.9% 0.8% 0.1% 7.6% 10.0%
Operating margin −15.7% −15.5% 0.8% −3.7% −1.6% −3.7% −12.0% −7.0% −4.4% −2.7% −0.9% −5.0% 0.6% −1.7% 5.1% 7.4%
Net margin −16.1% −15.3% 0.4% −6.6% 2.4% −1.4% −8.9% −6.0% −3.3% −2.1% −0.9% −5.0% 1.5% −8.5% 2.6% 5.8%
Free-cash-flow margin −15.6% 4.2% −0.4% 1.6% −1.3% 0.4% −1.9% −2.3% 1.9% 7.8% 5.8% −1.4% 8.8% 7.8% 14.3% 10.8%
Cash flow
Cash from operations −5 2 −0 0 −0 0 −0 −1 1 2 2 −0 3 4 7 5
Capital spending 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Free cash flow −5 2 −0 0 −0 0 −0 −1 1 2 2 −0 3 3 7 5
Stock-based pay 1 — 0 0 0 0 — 0 — — — — 0 2 2 —
Free cash flow after stock pay −6 — −0 0 −1 0 — −1 — — — — 3 1 5 —
Balance sheet
Cash 3 3 1 2 1 6 6 5 5 9 11 11 14 6 12 13
Total debt 2 1 0 0 — 0 0 0 0 0 0 0 0 0 0 0
Net debt (negative = net cash) −1 −2 −1 −2 −1 −6 −6 −5 −5 −9 −11 −11 −14 −6 −12 −13
Diluted shares — 17m 17m 17m 18m 18m 23m 23m 24m 25m 26m 26m 29m 29m 32m 32m
Returned to shareholders
Buybacks — — — 0 0 0 0 0 0 0 0 0 0 1 1 0
Total returned — — — 0 0 0 0 0 0 0 0 0 0 1 1 0

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 2 checks passed · June 30, 2026
What it owns · $46m
Short-term assets $21mLonger-term assets $25m
What it owes, and who funded it · $46m
Short-term liabilities $25mLonger-term liabilities $0mShareholders' equity $21m
  • Short-term assets cover short-term liabilities $21m of assets due within a year against $25m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $21m short-term assets against $17,245 of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Research Solutions, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q4 TTM
Buybacks (TTM)
$53,039
Returned to shareholders
1%
of free cash flow
Buybacks, last 3 fiscal years
$1.5M
Diluted share count
+2.4%
year over year
Total shareholder yield
0.1%
dividends 0.0% + buybacks 0.1% of market value
Sales & admin spending
41.9%
of revenue
Days sales outstanding
53 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in data processing & outsourced services
Last 12 months unless stated RSSS DVLT CASS ACVA CTEV TASK Median
Revenue, last 12 months $48m $47m $199m $801m $995m $1.2bn $1.2bn
Revenue growth, last 12 months −1.5% 955.8% 8.8% 13.3% 6.3% 11.4% 6.3%
Revenue growth, 3-year average 8.6% 157.4% 0.9% 21.5% 1.0% 9.3% 7.2%
Revenue growth, latest quarter −2.9% 287.1% 12.5% 10.4% 6.6% 5.0% 5.0%
Gross margin 51.9% 71.0% — — — — 33.1%
Operating margin 7.4% −145.1% — −7.1% 3.3% 11.7% −1.6%
Operating margin, 3-year average 3.6% −682.1% — −10.9% −44.0% 10.9% −3.0%
Net margin 5.8% −370.2% 18.5% −7.9% −28.5% 8.8% −7.9%
Cash from operations / revenue 10.9% −193.7% 24.4% 4.9% 13.4% 14.1% 10.9%
Free-cash-flow margin 10.8% −195.6% 21.1% 3.6% −1.8% 9.8% 8.3%
Free-cash-flow margin, 3-year average 7.7% −501.5% 18.6% 5.7% −0.5% 9.0% 5.7%
Stock pay / revenue 0.0% 32.8% 2.3% 7.4% 2.9% 1.9% 1.3%
Change in share count 2.4% — −3.4% 2.5% 2.5% −0.1% −0.0%

Median of all 11 companies we cover in data processing & outsourced services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

11 data processing & outsourced services companies
Measure Company Peer median Rank
Revenue growth Growth -1.5% 6.3% 8 of 11
Change in growth rate Growth -1.3pp -1.3pp 6 of 11
Gross margin Profitability 51.9% 34.1% 2 of 6
Operating margin Profitability 7.4% 3.3% 4 of 10
Net margin Profitability 5.8% -7.9% 5 of 11
Free-cash-flow margin Cash generation 10.8% 8.3% 4 of 11
Change in share count Balance sheet 2.4% 0.0% 8 of 10
Days sales outstanding Balance sheet 53 days 71 days 3 of 9

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to June 30, 2026
Products and services
Line of business Revenue Share YoY
Transactions $27.5M 56.9% ▼ 8.7%
Platforms $20.8M 43.1% ▲ 9.8%
Geography
Region Revenue Share YoY
United States $27.2M 56.4% ▼ 3.5%
Europe $15.9M 33.0% ▲ 1.6%
Other Than Us and Europe $5.1M 10.6% ▼ 0.4%

From Research Solutions, Inc.'s 10-K filed September 11, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$25.4M
Institutions reporting
36
Shares held vs prior quarter
▼ 5.7%
Positions opened / closed
3 / 6

Top buyers and sellers, Q2 2026: 14 institutions bought and 13 sold ; the biggest buyer was Dynamic Advisor Solutions LLC (+48K shares) and the biggest seller Topline Capital Management, LLC (−450K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Needham Investment Management LLC $7.3M 3.2M 28.8% 0.0%
Punch & Associates Investment Management, Inc. $5.9M 2.6M 23.3% 0.0%
Vanguard Capital Management LLC $2.7M 1.1M 10.5% ▲ 1.2%
Luxor Capital Group, LP $1.5M 652K 6.0% 0.0%
Bard Associates Inc $1.4M 609K 5.6% ▲ 0.1%
Parthenon LLC $910,099 392K 3.6% 0.0%
Dynamic Advisor Solutions LLC $848,190 366K 3.3% ▲ 15.1%
North Star Investment Management Corp. $828,240 357K 3.3% ▲ 7.0%
Geode Capital Management, LLC $684,791 295K 2.7% ▼ 12.0%
Navalign, LLC $455,012 196K 1.8% ▼ 21.9%
Vanguard Fiduciary Trust Co $403,404 174K 1.6% ▲ 14.9%
LPL Financial LLC $339,432 146K 1.3% 0.0%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Research Solutions, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around December 9, 2026 estimated from the company's past filing pattern, not announced

  • September 9, 2026
  • May 14, 2026
  • February 12, 2026
  • November 13, 2025
  • September 18, 2025
  • August 19, 2025

Recent SEC filings

Data status

When each part of this page on Research Solutions, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Research Solutions, Inc. in brief

What does Research Solutions, Inc. do?
Research Solutions, Inc. is a US-listed company in the data processing & outsourced services industry. Its financial year ends in June.
What is Research Solutions, Inc.'s stock ticker?
Research Solutions, Inc. trades under the ticker RSSS on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Research Solutions, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Research Solutions, Inc. reported revenue of $48.3M, 1.5% lower than a year earlier, according to its SEC filings.
What is Research Solutions, Inc.'s free cash flow?
Research Solutions, Inc.'s free-cash-flow margin is 10.8% of revenue over the trailing twelve months, ranking 4 of the 11 data processing & outsourced services companies we cover.
What is Research Solutions, Inc.'s fair value (intrinsic value) per share?
Our discounted-cash-flow model of Research Solutions, Inc.'s free cash flow after stock-based pay gives ~$2.2 per share in the base case, and ~$1.8–$2.8 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Research Solutions, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Needham Investment Management LLC, Punch & Associates Investment Management, Inc. and Vanguard Capital Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Research Solutions, Inc. buying back stock, and does it pay a dividend?
Research Solutions, Inc. spent $53,039 on share repurchases over the trailing twelve months, and its diluted share count still rose 2.4% over the year.
What is Research Solutions, Inc.'s market cap?
On June 30, 2026, Research Solutions, Inc.'s market capitalisation was about $74.9M, with a price-to-earnings ratio of 26.5 and net debt of -$12.6M. Market figures come from third-party market data and may be delayed.
Who are Research Solutions, Inc.'s competitors?
In our Data Processing & Outsourced Services peer group, the companies closest to Research Solutions, Inc. are Datavault AI Inc., Cass Information Systems Inc, ACV Auctions Inc., Claritev Corp and Taskus, Inc. The side-by-side comparison below sets their revenue, margins and growth against Research Solutions, Inc.'s.
When is Research Solutions, Inc.'s next earnings date?
Around November 12, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Research Solutions, Inc. announces its own schedule.