TSS, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $245.7M | $148.1M | $54.4M | $30.6M | $27.4M |
| Cost of revenue | $213.3M | $125.8M | $43.4M | $21.7M | $21.0M |
| Gross profit | $32.4M | $22.4M | $11.0M | $9.0M | $6.4M |
| Selling, general & administrative | $20.6M | $13.2M | $8.9M | $7.7M | $6.7M |
| Operating expenses | $26.1M | $16.6M | $11.2M | — | — |
| Operating income | $6.3M | $5.8M | -$221,000 | $914,000 | -$831,000 |
| Interest expense | — | $2.7M | $2.0M | $931,000 | $430,000 |
| Pretax income | $7.5M | $6.1M | $134,000 | -$17,000 | -$1.2M |
| Income tax expense | -$7.6M | $158,000 | $60,000 | $56,000 | $65,000 |
| Net income | $15.1M | $6.0M | $74,000 | -$73,000 | -$1.3M |
| Balance Sheet | |||||
| Cash and equivalents | $85.5M | $23.2M | $11.8M | $20.4M | $8.0M |
| Current assets | $118.6M | $58.2M | $19.3M | $24.4M | $11.8M |
| Total assets | $184.9M | $96.6M | $25.6M | $31.4M | $19.3M |
| Current liabilities | $72.6M | $56.9M | $18.4M | $24.2M | $12.1M |
| Total liabilities | $108.3M | $89.4M | $22.1M | $28.5M | $17.1M |
| Total debt | — | — | — | — | $1.6M |
| Stockholders' equity | $76.6M | $7.1M | $3.5M | $2.9M | $2.2M |
| Cash Flow Statement | |||||
| Cash from operations | $34.9M | $15.3M | -$8.3M | $14.7M | -$10.5M |
| Depreciation and amortization | $3.8M | $608,000 | $320,000 | $383,000 | $536,000 |
| Stock-based compensation | $4.0M | $1.2M | $581,000 | $530,000 | $469,000 |
| Capital expenditure | $32.7M | $8.5M | $257,000 | $536,000 | $64,000 |
| Free cash flow | $2.1M | $6.8M | -$8.5M | $14.2M | -$10.5M |
| Share repurchases | $4.9M | $4.5M | $40,000 | $134,000 | $197,000 |
| Impairments | — | — | $0 | $0 | $0 |
Shares outstanding 28.1M · Free float 56.1%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.