)
CSP (CSPI) investor relations material
CSP Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Fiscal Q3 2025 revenue rose 18% year-over-year to $15.4 million, driven by strong Technology Solutions performance and expanding AZT Protect deployments, with notable wins in South Africa and new industrial verticals.
Product revenue increased 29% year-over-year to $10.2 million, while service revenue was stable at $5.3 million.
Gross margin declined to 29% from 35% due to higher component costs and a greater product revenue mix, resulting in a net loss of $0.3 million for the quarter.
Added to the Russell 3000 Index as of June 30, 2025, enhancing institutional visibility.
Managed cloud business and AZT Protect deployments expanded in key sectors, leveraging a land-and-expand approach and building long-term customer relationships.
Financial highlights
Q3 revenue was $15.4 million (up $2.3 million YoY); gross profit $4.5 million; net loss $0.3 million ($0.03 per share); nine-month revenue $44.3 million; nine-month net income $0.1 million ($0.01 per share).
Gross margin for Q3 was 29%, down from 35% in the prior year, and nine-month gross margin was 30%, down from 36%.
Cash and cash equivalents at quarter-end were $26.3 million.
SG&A expenses rose by $0.2 million, mainly from increased sales and marketing for AZT Protect and higher compensation and UK pension costs.
Operating cash flow for nine months was $0.4 million, down from $5.7 million prior year.
Outlook and guidance
Management expects continued momentum and potential for further top and bottom line growth for the full fiscal year if current trends persist.
Resellers anticipate moving from early adoption to revenue acceleration for AZT Protect in the next 3-6 months.
Progress with additional resellers and new market segments, including water facilities, is expected to yield results in fiscal 2026.
Management expects available cash, operations, and credit to cover working capital and capex needs for at least 12 months.
Ongoing evaluation of the impact of new U.S. tax law (OBBBA) and global trade tensions; financial effect not yet determined.
Next CSP earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)