FY2025 · ended Dec 31, 2025 · Revenue $245.72M, +65.9% YoY · Filed Mar 18, 2026
TSS, Inc. (TSSI) files with the SEC under industry code 8742, Services-Management Consulting Services. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $245.7 million and net income of $15.1 million. Free cash flow was $2.1 million. As of Sep 30, 2026 it held $54.0 million in cash and investments and $37.6 million in total debt.
Revenue (TTM)
$200.73M
-14.5% vs year-ago TTM
Net income (TTM)
$17.02M
+248.9% vs year-ago TTM
Operating cash flow (TTM)
$6.04M
+294.4% vs year-ago TTM
Free cash flow (TTM)
$-8.76M
+79.2% vs year-ago TTM
EPS (TTM)
$0.58
+212.5% vs year-ago TTM
Dividend per share
None
Shares outstanding
27.77M
+11.0% vs prior year
Net cash
$16.35M
as of Sep 30, 2026
Operating margin
4.5%
FY 2026
Company profile
- Industry
- Services-Management Consulting Services (SIC 8742)
- Listed as
- TSSI (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Round Rock, TX
- SEC filer status
- Non-accelerated filer
- SEC CIK
- 1320760
- Former names
- Fortress International Group, Inc. (until Aug 14, 2013); Fortress America Acquisition CORP (until Jan 30, 2007)
Other Services-Management Consulting Services companies
- Cgi Inc GIB
- Booz Allen Hamilton Holding Corp BAH
- Genpact LTD G
- Fti Consulting, Inc FCN
- Exponent Inc EXPO
- Huron Consulting Group Inc. HURN
- Astrana Health, Inc. ASTH
- ICF International, Inc. ICFI
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $245.7M | $148.1M | $54.4M | $30.6M | $27.4M |
| Operating income | $6.3M | $5.8M | -$221,000 | $914,000 | -$831,000 |
| Net income | $15.1M | $6.0M | $74,000 | -$73,000 | -$1.3M |
| Diluted EPS | $0.56 | $0.24 | $0.00 | $0.00 | -$0.07 |
| Operating cash flow | $34.9M | $15.3M | -$8.3M | $14.7M | — |
| Free cash flow | $2.1M | $6.8M | -$8.5M | $14.2M | — |
| Total assets | $184.9M | $96.6M | $25.6M | $31.4M | $19.3M |
| Total liabilities | $108.3M | $89.4M | $22.1M | $28.5M | $17.1M |
| Stockholders' equity | $76.6M | $7.1M | $3.5M | $2.9M | $2.2M |
| Cash and investments | $85.5M | — | $11.8M | $20.4M | $8.0M |
| Total debt | $41.6M | $32.7M | $4.3M | $4.8M | $7.6M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q/A | Amended quarterly report | Aug 14, 2026 | Jun 30, 2026 |
| 10-Q | Quarterly report | Aug 13, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 13, 2026 | Aug 13, 2026 |
| 8-K |
Current report
Shareholder vote results
|
Jun 4, 2026 | Jun 4, 2026 |
| 8-K |
Current report
Results of operations
|
May 7, 2026 | May 7, 2026 |
| 10-Q | Quarterly report | May 7, 2026 | Mar 31, 2026 |
Source: SEC EDGAR filings. This is company-reported data, not investment advice.