CSP INC /MA/ (CSPI)
As-reported financials and SEC filings for CSP INC /MA/. The latest annual period is FY2025. The latest reported quarter is Q3 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.
Snapshot
Fundamentals are from SEC filings for FY2025, the latest annual period (ended September 30, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.
What changed at Csp Inc /ma/
- Revenue grew 6.4% to $59M in FY2025, after a 14.6% decline the year before.
- Operating margin is -5.3% in FY2025, -2.5 pp against -2.8% in FY2021.
- Most recent quarter Q3 FY2026: revenue $14M, down 6.8% from Q3 FY2025.
- Free cash flow was $2M in FY2025, 3.3% of revenue.
- Net loss narrowed to $91000 in FY2025, from $326000 in FY2024.
Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.
Peer comparison
Where Csp Inc /ma/’s fundamentals sit among the 332 software companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).
Csp Inc /ma/’s gross margin of 31.5% ranks in the 14th percentile of the 264 software companies reporting it.
7 reported insider purchases (code P) totaling $28,878 in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →
Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.
Institutional ownership
Held by 4 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.
| Investor | As of | Position value | Shares | Change |
|---|---|---|---|---|
| Renaissance Technologiesquant | Q2 2026 | $2.1M | 267.7K | Reduced |
| Millennium Managementquant | Q2 2026 | $552,719 | 69.6K | New |
| Point72 Asset Managementquant | Q2 2026 | $150,423 | 18.9K | New |
| Citadel Advisorsquant | Q2 2026 | $115,511 | 14.5K | Reduced |
From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.
Recent insider activity
Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.
| Trade date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
2026-06-10 | NERGES JOSEPH R10% owner | Buy | 100 | $8.32 | $832 |
2026-06-10 | NERGES JOSEPH R10% owner | Buy | 71 | $8.29 | $589 |
2026-06-09 filed 2026-06-10 | NERGES JOSEPH R10% owner | Buy | 700 | $8.69 | $6K |
2026-06-09 filed 2026-06-10 | NERGES JOSEPH R10% owner | Buy | 199 | $8.05 | $2K |
2026-06-08 filed 2026-06-10 | NERGES JOSEPH R10% owner | Buy | 1.0K | $8.75 | $9K |
2026-06-08 filed 2026-06-10 | NERGES JOSEPH R10% owner | Buy | 800 | $8.40 | $7K |
2026-06-08 filed 2026-06-10 | NERGES JOSEPH R10% owner | Buy | 500 | $8.60 | $4K |
2026-05-15 filed 2026-05-18 | FOLGER ANTHONYDirector | Buy | 2.5K | $9.36 | $23K |
2026-05-13 | NERGES JOSEPH R10% owner | Buy | 500 | $9.26 | $5K |
2026-05-13 | NERGES JOSEPH R10% owner | Buy | 400 | $9.19 | $4K |
2026-05-13 filed 2026-05-14 | Azeri IsmailDirector | Buy | 218 | $9.41 | $2K |
2026-05-12 filed 2026-05-13 | Webber Stephen J.Director | Buy | 2.5K | $9.48 | $24K |
Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.
Short interest
Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 2026-08-14 | 82.0K | +12.6% | 6.87 |
| 2026-07-31 | 72.8K | -4.1% | 6.10 |
| 2026-07-15 | 75.9K | -7.1% | 4.07 |
| 2026-06-30 | 81.7K | -64.0% | 1.00 |
| 2026-06-15 | 226.9K | -14.6% | 8.70 |
| 2026-05-29 | 265.8K | +11.8% | 18.62 |
| 2026-05-15 | 237.8K | -11.8% | 17.74 |
| 2026-04-30 | 269.7K | -2.1% | 22.65 |
Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.
Income statement (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $58.7M | $55.2M | $64.6M | $54.4M | $49.2M |
| Gross profit | $18.5M | $18.9M | $21.9M | $18.8M | $16.1M |
| Operating income | $-3.1M | $-1.9M | $1.9M | $-40,000 | $-1.4M |
| Net income | $-91,000 | $-326,000 | $5.2M | $1.9M | $699,000 |
| Diluted EPS | $-0.01 | $-0.04 | $0.55 | $0.21 | $0.08 |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Balance sheet (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | $27.4M | $30.6M | $25.2M | $24.0M | $20.0M |
| Current assets | $52.3M | $54.8M | $50.4M | $59.5M | $49.0M |
| Total assets | $71.2M | $69.4M | $65.9M | $75.1M | $63.0M |
| Current liabilities | $22.2M | $18.7M | $15.7M | $30.2M | $17.8M |
| Long-term debt | — | — | — | — | — |
| Total liabilities | $26.6M | $22.2M | $19.8M | $36.1M | $28.9M |
| Total equity | $44.6M | $47.3M | $46.1M | $39.0M | $34.0M |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Cash flow (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Operating cash flow | $2.3M | $4.2M | $3.9M | $2.7M | $1.9M |
| Capital expenditure | $348,000 | $196,000 | $226,000 | $234,000 | $98,000 |
| Free cash flow | $1.9M | $4.0M | $3.7M | $2.4M | $1.8M |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Quarterly trend (as reported)
| Quarter | Revenue | Revenue YoY | Net income | Diluted EPS |
|---|---|---|---|---|
| Q3 FY2026 | $14.4M | -6.8% | $-846,000 | $-0.09 |
| Q2 FY2026 | $16.0M | 21.8% | $264,000 | $0.03 |
| Q1 FY2026 | $12.0M | -23.2% | $91,000 | $0.01 |
| Q4 FY2025 | $14.5M | 11.0% | $-191,000 | $-0.02 |
| Q3 FY2025 | $15.4M | 17.9% | $-264,000 | $-0.03 |
| Q2 FY2025 | $13.1M | -4.1% | $-108,000 | $-0.01 |
| Q1 FY2025 | $15.7M | 1.9% | $472,000 | $0.05 |
| Q4 FY2024 | $13.0M | -15.0% | $-1.7M | $-0.21 |
Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.
Company facts
Selected SEC filings
Largest software peers
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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.