TSS, Inc. (TSSI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q2'21 |
|---|
| Sales/Revenue | 55.35M | 60.91M | 41.88M | 43.97M | 98.96M | 50.02M | 70.07M | 12.16M | 15.89M | 24.41M | 8.88M | 14.54M | 6.57M | 10.95M | 8.08M | 6.42M | 5.19M | 14.59M | 4.59M | 3.07M |
| Revenue Growth % | -44.07% | 21.75% | -40.23% | 261.63% | 522.7% | 104.95% | 689.05% | -16.36% | 141.74% | 122.97% | 9.94% | 126.4% | 26.62% | -24.94% | 76.08% | 109.29% | 0.43% | 101.23% | -77.91% | -52.46% |
| Cost of Goods Sold | 46.85M | 49.9M | 37.58M | 37M | 89.96M | 42.81M | 62.18M | 7.74M | 13.25M | 21.22M | 6.05M | 11.31M | 4.89M | 9.01M | 5.31M | 3.81M | 3.53M | 12.9M | 2.67M | 1.62M |
| COGS % of Revenue | 84.64% | 81.92% | 89.72% | 84.15% | 90.91% | 85.58% | 88.74% | 63.66% | 83.38% | 86.92% | 68.13% | 77.84% | 74.35% | 82.31% | 65.77% | 59.32% | 67.91% | 88.46% | 58.12% | 52.67% |
| Gross Profit | 8.5M | 11.01M | 4.31M | 6.97M | 9M | 7.21M | 7.89M | 4.42M | 2.64M | 3.19M | 2.83M | 3.22M | 1.69M | 1.94M | 2.77M | 2.61M | 1.67M | 1.68M | 1.92M | 1.45M |
| Gross Margin % | 15.36% | 18.08% | 10.28% | 15.85% | 9.09% | 14.42% | 11.26% | 36.34% | 16.62% | 13.08% | 31.87% | 22.16% | 25.65% | 17.69% | 34.23% | 40.68% | 32.09% | 11.54% | 41.88% | 47.33% |
| Gross Profit Growth % | -5.56% | 52.65% | -45.39% | 57.75% | 240.65% | 125.97% | 178.69% | 37.15% | 56.7% | 64.79% | 2.35% | 23.35% | 1.2% | 15.09% | 43.94% | 79.89% | 27.66% | 1.26% | -30.72% | 89.31% |
| Operating Expenses | 5.52M | 5.79M | 5.24M | 4.74M | 4.89M | 4.46M | 4.09M | 2.72M | 2.39M | 2.47M | 2.12M | 2.25M | 2.35M | 2.66M | 1.89M | 1.67M | 1.84M | 1.78M | 1.69M | 1.8M |
| OpEx % of Revenue | 9.98% | 9.51% | 12.51% | 10.77% | 4.94% | 8.91% | 5.84% | 22.36% | 15.03% | 10.11% | 23.82% | 15.46% | 35.76% | 24.3% | 23.45% | 26.06% | 35.42% | 12.23% | 36.91% | 58.77% |
| Selling, General & Admin | 5.52M | 5.79M | 5.24M | 4.74M | 4.89M | 4.25M | 3.88M | 2.72M | 2.39M | 2.47M | 2.04M | 2.16M | 2.26M | 2.52M | 1.83M | 1.6M | 1.73M | 1.65M | 1.56M | 1.67M |
| SG&A % of Revenue | 9.98% | 9.51% | 12.51% | 10.77% | 4.94% | 8.49% | 5.54% | 22.36% | 15.03% | 10.11% | 23.01% | 14.85% | 34.41% | 23.07% | 22.61% | 24.96% | 33.3% | 11.34% | 34.01% | 54.34% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 211K | 208K | 0 | 0 | 0 | 72K | 88K | 89K | 135K | 68K | 70K | 110K | 130K | 133K | 136K |
| Operating Income | 2.98M | 5.22M | -931K | 2.24M | 4.11M | 2.76M | 3.79M | 1.7M | 253K | 724K | 715K | 975K | -665K | -723K | 871K | 939K | -173K | -101K | 228K | -351K |
| Operating Margin % | 5.38% | 8.57% | -2.22% | 5.09% | 4.16% | 5.51% | 5.41% | 13.98% | 1.59% | 2.97% | 8.05% | 6.71% | -10.12% | -6.6% | 10.78% | 14.62% | -3.33% | -0.69% | 4.97% | -11.44% |
| Operating Income Growth % | -27.6% | 89.44% | -124.54% | 31.53% | 1525.69% | 280.66% | 430.63% | 74.36% | 138.05% | 200.14% | -17.91% | 3.83% | -284.39% | -615.84% | 282.02% | 367.52% | 71.5% | 27.86% | -76.4% | 63.01% |
| EBITDA | 4.22M | 6.58M | 424K | 3.08M | 4.32M | 2.97M | 4M | 1.82M | 325K | 795K | 787K | 1.06M | -576K | -588K | 939K | 1.01M | -63K | 29K | 361K | -214K |
| EBITDA Margin % | 7.62% | 10.8% | 1.01% | 7% | 4.37% | 5.93% | 5.71% | 14.94% | 2.05% | 3.26% | 8.86% | 7.31% | -8.76% | -5.37% | 11.63% | 15.7% | -1.21% | 0.2% | 7.87% | -6.98% |
| EBITDA Growth % | -2.38% | 121.67% | -89.41% | 69.51% | 1230.15% | 273.21% | 408.51% | 70.93% | 156.42% | 235.2% | -16.19% | 5.46% | -814.29% | -2127.59% | 160.11% | 571.03% | 86.6% | 3000% | -67.33% | 73.81% |
| D&A (Non-Cash Add-back) | 1.24M | 1.36M | 1.35M | 844K | 210K | 211K | 208K | 117K | 72K | 71K | 72K | 88K | 89K | 135K | 68K | 69K | 110K | 130K | 133K | 137K |
| EBIT | 2.98M | 5.22M | -931K | 2.24M | 4.11M | 2.74M | 3.79M | 1.7M | 253K | 725K | 715K | 975K | -665K | -690K | 871K | 939K | -173K | -72K | 228K | -351K |
| Net Interest Income | -312K | -364K | -520K | -684K | -1.08M | -909K | -1.13M | -272K | -228K | -374K | -482K | -648K | -112K | -427K | -255K | -158K | -124K | -159K | -83K | -103K |
| Interest Income | 725K | 665K | 434K | 175K | 383K | -188K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 1.04M | 1.03M | 954K | 859K | 1.47M | 721K | 1.13M | 272K | 228K | 374K | 482K | 648K | 112K | 427K | 255K | 158K | 124K | 159K | 83K | 103K |
| Other Income/Expense | -311K | -821K | -516K | -684K | -1.08M | -740K | -1.13M | -272K | -228K | -373K | -482K | -648K | -112K | -394K | -255K | -158K | -124K | -130K | -83K | -103K |
| Pretax Income | 2.67M | 4.4M | -1.45M | 1.55M | 3.03M | 2.02M | 2.67M | 1.43M | 25K | 351K | 233K | 327K | -777K | -1.12M | 616K | 781K | -297K | -231K | 145K | -454K |
| Pretax Margin % | 4.82% | 7.22% | -3.45% | 3.53% | 3.06% | 4.03% | 3.8% | 11.74% | 0.16% | 1.44% | 2.62% | 2.25% | -11.82% | -10.2% | 7.63% | 12.16% | -5.72% | -1.58% | 3.16% | -14.8% |
| Income Tax | 391K | -7.76M | 50K | 69K | 49K | 103K | 20K | 26K | 10K | 15K | 24K | 12K | 9K | 24K | 11K | 10K | 11K | 34K | 22K | 2K |
| Effective Tax Rate % | 14.66% | -176.36% | -3.46% | 4.45% | 1.62% | 5.11% | 0.75% | 1.82% | 40% | 4.27% | 10.3% | 3.67% | -1.16% | -2.15% | 1.79% | 1.28% | -3.7% | -14.72% | 15.17% | -0.44% |
| Net Income | 2.28M | 12.16M | -1.5M | 1.48M | 2.98M | 1.91M | 2.65M | 1.4M | 15K | 336K | 209K | 315K | -786K | -1.14M | 605K | 771K | -308K | -265K | 123K | -456K |
| Net Margin % | 4.11% | 19.96% | -3.57% | 3.37% | 3.01% | 3.82% | 3.78% | 11.53% | 0.09% | 1.38% | 2.35% | 2.17% | -11.96% | -10.42% | 7.49% | 12.01% | -5.93% | -1.82% | 2.68% | -14.86% |
| Net Income Growth % | -23.6% | 535.65% | -156.58% | 5.78% | 19760% | 469.35% | 1166.03% | 345.08% | 101.91% | 129.45% | -65.45% | -59.14% | -155.19% | -330.57% | 391.87% | 269.08% | 55.94% | -141.6% | -85.56% | 56.24% |
| Net Income (Continuing) | 2.28M | 12.16M | -1.5M | 1.48M | 2.98M | 1.91M | 2.65M | 1.4M | 15K | 336K | 209K | 315K | -786K | -1.14M | 605K | 771K | -308K | -265K | 123K | -456K |
| 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) | 0.09 | 0.49 | -0.06 | 0.06 | 0.12 | 0.08 | 0.10 | 0.06 | 0.00 | 0.02 | 0.01 | 0.01 | -0.04 | -0.05 | 0.03 | 0.04 | -0.02 | -0.01 | 0.01 | -0.03 |
| EPS Growth % | -23.25% | 533.07% | -160.6% | 5.63% | - | 402.6% | - | 330.3% | 101.92% | 129.06% | -66.19% | -64.13% | -123.93% | -278.57% | 181% | 247.2% | 57.99% | -135% | -75% | 57.19% |
| EPS (Basic) | 0.10 | 0.52 | -0.06 | 0.06 | 0.13 | 0.09 | 0.12 | 0.06 | 0.00 | 0.02 | 0.01 | 0.01 | -0.04 | -0.05 | 0.03 | 0.04 | -0.02 | -0.01 | 0.01 | -0.03 |
| Diluted Shares Outstanding | 24.7M | 24.7M | 24.7M | 24.7M | 24.7M | 24.7M | 26.35M | 24.7M | 22.37M | 21.77M | 21.94M | 23.79M | 21.54M | 21.54M | 21.51M | 20.94M | 18.87M | 18.86M | 20.61M | 18.23M |
| Basic Shares Outstanding | 23.4M | 23.4M | 23.4M | 23.4M | 23.4M | 22.08M | 22.08M | 22.08M | 21.9M | 21.77M | 21.58M | 21.57M | 21.54M | 21.54M | 20.97M | 20.94M | 18.87M | 18.74M | 18.74M | 18.23M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |