TSS (TSSI)
NASDAQ:TSSI
Earnings Data
Report Date
May 18, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.03Last Year’s EPS
0.12Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a largely positive operational and financial momentum story: strong top-line growth (+66% revenue), materially higher adjusted EBITDA (+83%), improved cash and working capital, and a reaffirmed/extended strategic customer relationship that provides revenue visibility. However, several headwinds temper the outlook: full‑year margin compression (13.2% vs 15.1% prior year), a meaningful portion of FY2025 results were influenced by one-time items (DTA reversal, accelerated revenue recognition), increased SG&A and capital spending, and ongoing supply-chain/memory risks that complicate forecasting. On balance, the strength of revenue, cash flow, customer contract extension, and guidance growth prospects outweigh the transitory and structural challenges called out on the call.Company Guidance
Strong Revenue Growth
Consolidated total revenue increased 66% year-over-year to $245.7 million in FY2025 (from just over $148 million in FY2024).
Record Adjusted EBITDA
Adjusted EBITDA for FY2025 was approximately $18.6 million, up 83% from $10.2 million in FY2024 and above prior guidance; Q4 adjusted EBITDA was $7.9 million (50% higher than the prior record quarter).
Large Net Income and EPS Improvement (partly one-time)
Net income rose 153% to $15.1 million (from $6.0 million), and diluted EPS improved 133% to $0.56 per share; note roughly half of the net income in the year was driven by a one-time $7.6 million income tax benefit from reversing a valuation allowance on deferred tax assets.
Procurement and Systems Integration Growth
Procurement revenue grew 68% to $197.5 million and procurement gross margins expanded ~100 basis points to 7.7%. Systems Integration revenue increased 78% to $40.3 million, with strong Q4 SI revenue of $14.2 million (up from $7.9 million prior-year Q4).
Contract Extension and Customer Momentum
Amendment and multiyear extension with the largest customer includes updated pricing and coverage for incremental infrastructure costs, extending the term by two years and providing enhanced revenue visibility and validation of execution.
Operational Ramp and Capacity
Georgetown, TX facility rack integration volumes ramped late in the year; Q4 rack volume nearly equaled Q1–Q3 combined and management expects to double rack integration volume in calendar 2026 versus 2025, with discussions already underway about further capacity expansion.
Improved Cash, Liquidity and Working Capital
Unrestricted cash and cash equivalents ended at $85.5 million (up $62.3 million year-over-year), driven by a $55.3 million net secondary raise and stronger operating cash flow (> $30 million vs $15.3 million prior year). Net working capital improved from $1.3 million to $46.1 million.
Discrete Project Recovery in Facilities Management
Discrete project revenues in Q4 were $2.5 million, up 263% year-over-year (from $0.7 million), and full-year discrete project revenues rose 12% to $4.0 million.
Conservative but Upward Guidance for 2026
Company forecasts FY2026 adjusted EBITDA in the $20 million to $22 million range (management calls this conservative given supply chain and timing risks) and signals potential to grow beyond that over time.
TSSI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSSI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 11, 2026 | $11.05 | $11.94 | +8.05% |
Nov 13, 2025 | $15.25 | $8.64 | -43.34% |
Aug 06, 2025 | $28.75 | $22.11 | -23.10% |
May 15, 2025 | $8.87 | $15.44 | +74.07% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does TSS (TSSI) report earnings?
TSS (TSSI) is schdueled to report earning on May 18, 2026, TBA (Confirmed).
What is TSS (TSSI) earnings time?
TSS (TSSI) earnings time is at May 18, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSSI EPS forecast?
TSSI EPS forecast for the fiscal quarter 2026 (Q1) is 0.03.