CSP Inc. reported financial results for the first quarter of fiscal year 2026, ended December 31, 2025, including a 14.6% increase in services revenue and a significant expansion in gross margin to 39.3%, leading to a quarterly profit. The company also declared a quarterly dividend of $0.03 per share.
Key takeaways
Services revenue increased 14.6% year-over-year for the fiscal first quarter ended December 31, 2025.
Gross margin expanded to 39.3%, an increase of more than 10% from 29.1% in the prior year period.
Net income was $91 thousand, or $0.01 per diluted share, compared to $472 thousand, or $0.05 per diluted share, in the prior year quarter.
Total revenue was $12.0 million, down from $15.7 million in the prior year quarter, which included over $4.5 million from several one-time customer contracts.
The Board of Directors declared a quarterly dividend of $0.03 per share, payable March 12, 2026, to shareholders of record on February 26, 2026.
Cash and cash equivalents were $24.9 million as of December 31, 2025.