TSS, Inc. income statement
In fiscal 2025, TSS, Inc. reported revenue of $246m, up 65.9% on the year before, operating income of $6.3m (a 2.6% margin) and net income of $15.1m, or $0.56 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 75 | 37 | 48 | 44 | 28 | 29 | 27 | 18 | 22 | 33 | 45 | 27 | 31 | 54 | 148 | 246 | 193 |
| Cost of revenue | 63 | 24 | 38 | 35 | — | — | — | — | 14 | 26 | 38 | 21 | 22 | 43 | 126 | 213 | 160 |
| Gross profit | 12 | 12 | 9 | 9 | 9 | 8 | 7 | 8 | 8 | 7 | 7 | 6 | 9 | 11 | 22 | 32 | 33 |
| Selling, general and administrative | 11 | 11 | 10 | 11 | 11 | 10 | 8 | 6 | 6 | 6 | 7 | 7 | 8 | 9 | 13 | 21 | 22 |
| Operating income | 1 | 1 | −4 | −3 | −2 | −2 | −1 | 1 | 3 | 0 | −0 | −1 | 1 | −0 | 6 | 6 | 4 |
| Interest expense | — | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 3 | — | — |
| Income before tax | 1 | 2 | −4 | −3 | −3 | −2 | −1 | 1 | 2 | 0 | 0 | −1 | −0 | 0 | 6 | 8 | 7 |
| Income tax | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −8 | −7 |
| Net income | 1 | 2 | −4 | −3 | −3 | −2 | −1 | 1 | 2 | 0 | 0 | −1 | −0 | 0 | 6 | 15 | 14 |
| Diluted EPS | $0.06 | $0.13 | −$0.28 | −$0.19 | −$0.19 | −$0.15 | −$0.07 | $0.05 | $0.13 | $0.01 | $0.00 | −$0.07 | $0.00 | $0.00 | $0.24 | $0.56 | $0.49 |
| Diluted shares (average) | 14m | 15m | 14m | 14m | 15m | 15m | 15m | 17m | 19m | 21m | 21m | 18m | 20m | 22m | 25m | 27m | 29m |
| EBITDA | 1 | 1 | −3 | −2 | −2 | −1 | −0 | 2 | 3 | 1 | 0 | −0 | 1 | 0 | 6 | 7 | 5 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 70 | 50 | 99 | 44 | 42 | 61 | 55 | 35 |
| Cost of revenue | 62 | 43 | 90 | 37 | 37 | 50 | 47 | 27 |
| Gross profit | 8 | 7 | 9 | 7 | 5 | 11 | 9 | 8 |
| Selling, general and administrative | 4 | 4 | 5 | 5 | 5 | 6 | 6 | 6 |
| Operating income | 4 | 0 | 3 | 1 | −1 | 1 | 2 | 2 |
| Interest expense | 1 | 1 | 1 | 1 | 1 | — | — | — |
| Net interest income | 0 | — | 0 | 0 | 0 | — | — | — |
| Income before tax | 3 | 2 | 3 | 2 | −1 | 4 | 3 | 2 |
| Income tax | 0 | 0 | 0 | 0 | 0 | −8 | 0 | 0 |
| Net income | 3 | 2 | 3 | 1 | −1 | 12 | 2 | 1 |
| Diluted EPS | $0.10 | $0.08 | $0.12 | $0.06 | −$0.06 | $0.45 | $0.08 | $0.05 |
| EBITDA | 4 | 0 | 3 | 2 | −1 | 1 | 3 | 2 |
Compare with peers
- Telos Corp income statement
- Clps Inc income statement
- Mastech Digital, Inc. income statement
- LZ Technology Holdings Ltd income statement
- Widepoint Corp income statement
Head to head: TLS vs TSSICLPS vs TSSIMHH vs TSSI
More: IT Consulting & Other Services stocks compared, Technology sector, rankings of US companies