CSP Inc. Q3 Revenue Declines Year-Over-Year
Ticker: CSPI · Form: 10-Q · Filed: Aug 14, 2025 · CIK: 356037
Sentiment: bearish
Topics: earnings, revenue-decline, 10-Q
TL;DR
CSP Inc. Q3 revenue down to $14.6M from $16.1M last year. Ouch.
AI Summary
CSP Inc. reported its third-quarter results for the period ending June 30, 2025. The company's trading revenue for the three months ended June 30, 2025, was $14.6 million, a decrease from $16.1 million in the same period last year. For the nine months ended June 30, 2025, trading revenue was $43.2 million, down from $47.6 million for the nine months ended June 30, 2024. The company's fiscal year ends on September 30.
Why It Matters
This filing indicates a revenue decline for CSP Inc., which could impact investor confidence and future growth prospects.
Risk Assessment
Risk Level: medium — The decline in revenue suggests potential challenges in the company's business operations or market conditions.
Key Numbers
- $14.6M — Q3 2025 Trading Revenue (Represents a decrease compared to the prior year's Q3.)
- $43.2M — Nine Months Ended Q3 2025 Trading Revenue (Shows a year-over-year decline in revenue for the period.)
Key Players & Entities
- CSP Inc. (company) — The reporting company.
- June 30, 2025 (date) — End of the third fiscal quarter.
- $14.6 million (dollar_amount) — Trading revenue for Q3 2025.
- $16.1 million (dollar_amount) — Trading revenue for Q3 2024.
- $43.2 million (dollar_amount) — Trading revenue for the nine months ended June 30, 2025.
- $47.6 million (dollar_amount) — Trading revenue for the nine months ended June 30, 2024.
- September 30 (date) — Fiscal year end.
FAQ
What was CSP Inc.'s trading revenue for the third quarter of fiscal year 2025?
CSP Inc.'s trading revenue for the three months ended June 30, 2025, was $14.6 million.
How does the Q3 2025 trading revenue compare to the same period in the previous year?
The Q3 2025 trading revenue of $14.6 million is a decrease from $16.1 million reported for the same period in fiscal year 2024.
What is CSP Inc.'s total trading revenue for the nine months ended June 30, 2025?
For the nine months ended June 30, 2025, CSP Inc. reported trading revenue of $43.2 million.
How does the nine-month trading revenue for fiscal year 2025 compare to fiscal year 2024?
The trading revenue for the nine months ended June 30, 2025 ($43.2 million) is lower than the $47.6 million reported for the nine months ended June 30, 2024.
When does CSP Inc.'s fiscal year end?
CSP Inc.'s fiscal year ends on September 30.
Filing Stats: 4,647 words · 19 min read · ~15 pages · Grade level 15.5 · Accepted 2025-08-14 14:28:42
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share CSPI Nasdaq Global Market
Filing Documents
- cspi-20250630x10q.htm (10-Q) — 3284KB
- cspi-20250630xex31d1.htm (EX-31.1) — 9KB
- cspi-20250630xex31d2.htm (EX-31.2) — 9KB
- cspi-20250630xex32d1.htm (EX-32.1) — 10KB
- 0000356037-25-000049.txt ( ) — 12855KB
- cspi-20250630.xsd (EX-101.SCH) — 48KB
- cspi-20250630_cal.xml (EX-101.CAL) — 72KB
- cspi-20250630_def.xml (EX-101.DEF) — 211KB
- cspi-20250630_lab.xml (EX-101.LAB) — 469KB
- cspi-20250630_pre.xml (EX-101.PRE) — 347KB
- cspi-20250630x10q_htm.xml (XML) — 3379KB
Financial Statements
Financial Statements Condensed Consolidated Balance Sheets as of June 30, 2025 (unaudited) and September 30, 2024 3 Condensed Consolidated Statements of Operations for the three and nine months ended June 30, 2025 and 2024 (unaudited) 4 Condensed Consolidated Statements of Comprehensive Income for the three and nine months ended June 30, 2025 and 2024 (unaudited) 5 Condensed Consolidated Statement of Shareholders' Equity for the three and nine months ended June 30, 2025 and 2024 (unaudited) 6 Condensed Consolidated Statements of Cash Flows for the nine months ended June 30, 2025 and 2024 (unaudited) 8 Notes to Condensed Consolidated Financial Statements (unaudited) 10 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 28 Item 4.
Controls and Procedures
Controls and Procedures 38 PART II. OTHER INFORMATION Item 1A.
Risk Factors
Risk Factors 40 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 41 Item 5. Other Information 41 Item 6. Exhibits 41 Table of Contents
FINANCIAL INFORMATION
PART I. FINANCIAL INFORMATION
Financial Statements
Item 1. Financial Statements CSP INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (Amounts in thousands, except par value) June 30, September 30, 2025 2024 (unaudited) ASSETS Current assets: Cash and cash equivalents $ 26,308 $ 30,585 Accounts receivable, net of allowances of $ 173 and $ 147 13,453 14,494 Financing receivables, net of allowances of $ 32 and $ 12 3,869 4,384 Inventories 3,532 2,293 Refundable income taxes 67 — Other current assets 2,275 3,093 Total current assets 49,504 54,849 Property, equipment and improvements, net 367 429 Operating lease right-of-use assets 402 489 Intangibles, net 45 50 Financing receivables due after one year, net of allowances of $ 51 and $ 25 3,069 2,922 Deferred income taxes, net 4,455 2,734 Cash surrender value of life insurance 5,806 5,589 Pension benefits assets 2,948 2,201 Other assets 188 173 Total assets $ 66,784 $ 69,436 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Accounts payable and accrued expenses $ 12,568 $ 12,084 Line of credit 1,141 4,169 Deferred revenue and contract liabilities 1,581 2,171 Pension and retirement plans 76 76 Income taxes payable — 182 Total current liabilities 15,366 18,682 Pension and retirement plans 1,259 1,306 Operating lease liabilities - noncurrent portion 153 117 Income taxes payable 423 447 Other noncurrent liabilities 2,099 1,614 Total liabilities 19,300 22,166 Shareholders' equity: Common stock, $ .01 par value per share; authorized, 20,000 shares; issued and outstanding 9,842 and 9,776 shares, respectively 98 98 Additional paid-in capital 24,146 22,689 Retained earnings 28,423 29,848 Accumulated other comprehensive loss ( 5,183 ) ( 5,365 ) Total shareholders' equity 47,484 47,270 Total liabilities and shareholders' equity $ 66,784 $ 69,436 See accompanying notes to