CSP Inc. (CSPI)

Over the past six months, CSPI's stock price has fluctuated, with a price of $10.65 as of February 6, 2026, reflecting a -45.80% change over the past year. In August 2024, CSP Inc. reported a year-over-year revenue decline for Q3 fiscal 2024, resulting in a net loss due to a challenging transition from a backlog-driven revenue boost. In August 2025, the company announced an 18% increase in total revenue for Q3 fiscal 2025, driven by the Technology Solutions segment, and declared a quarterly dividend of $0.03 per share. In December 2025, CSP Inc. generated increased revenue for Q4 fiscal 2025, with service revenues increasing, but reported a net loss; for the full fiscal year 2025, revenue grew by 6%, and the company paid a dividend and repurchased shares. In December 2024, CSP Inc. reported decreased total sales and an operating loss for fiscal year 2024. CSPi is scheduled to announce its fiscal 2026 first-quarter results on February 12, 2026.

The provided information does not explicitly detail specific seasonal demand patterns for CSP, Inc.'s products and services, but revenue fluctuations have been related to supply-chain challenges and backlog conversion. A significant backlog conversion in fiscal third-quarter 2023 boosted revenues, while the absence of such a backlog in fiscal third-quarter 2024 led to a decline in product sales. A shift toward lower-margin product sales and a shortfall of high-margin legacy contracts in its High-Performance Product segment have also affected profitability.

CSP, Inc. is a technology company specializing in IT integration solutions, security products, managed IT services, cloud services, network adapters, and high-performance cluster computer systems, operating within the Information Technology Services and Software industries. The company is divided into two segments: Technology Solutions (TS), which offers IT services and integrated solutions, and High-Performance Products (HPP), which designs and manufactures products for cybersecurity, networking, and signal processing.

CSP, Inc. primarily generates revenue from the Americas, while also expanding internationally, including broadening its relationship with a South African cell tower customer and securing new customer engagements for its AZT PROTECT™ solution both domestically and internationally.

CSP, Inc. is recognized as an award-winning provider of security and packet capture products, managed IT and professional services, and technology solutions, and has been actively building brand awareness for its AZT PROTECT offering. In 2025, CSP, Inc. was added as a member of the broad-market Russell 3000® Index.

CSP, Inc. is owned by a mix of institutional shareholders (29.10%), company insiders (30.63%), and retail investors (40.27%). Major institutional owners include Visionary Wealth Advisors, LLC, The Vanguard Group, Inc., Dimensional Fund Advisors LP, BlackRock, Inc., and Renaissance Technologies LLC. Key individual owners (insiders) include Joseph R. Nerges, Victor Dellovo, Christopher I. Hall, Julian Demora, and Gary W. Levine.