CSP Inc. (CSPI) Stock

CSP Inc. (CSPI) is a Technology stock trading at $7.47 (as of 2026-08-20), with a market capitalization of $75.35M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

CSP Inc. provides IT integration and managed technology offerings, including security products, IT consulting, storage and virtualization solutions, and related services, along with purpose-built network adapters and cluster computer systems. It operates a Technology Solutions segment and serves commercial and defense customers.

Understand CSP Inc.: how it makes money

CSP Inc. develops and markets IT integration solutions, security products, managed IT services, purpose built network adapters, and cluster computer systems, and it makes money by selling value added reseller offerings (third-party hardware and software) plus its higher performance product offerings to commercial and defense customers.

CSP Inc. must generate operating profit from a mix of value added resale of third-party hardware and software (Technology Solutions) and sales of purpose built network adapters and cluster computer systems (High Performance Products), so any weakness in either revenue stream can quickly flow into an operating loss.

Revenue by segment (latest quarter)
Tech Sol	$0.0B
High Perf	$0.0B

Business quality (Weak): Limited inputs were provided for segment and operating metrics, and the supplied total revenue (0.0B) does not match the segment-level net revenue candidate (0.01B), so readers should treat the quarter snapshot as incomplete.

Bull case

Gross margin was 27.9% in the latest quarter (2026-03-31): If management can grow revenue while keeping unit economics intact, the business has room to improve from an operating loss baseline.
Cloud customer retention rate is 90.0%: High retention can support stability in managed or cloud-related revenue components over time.
The company serves both commercial and defense customers with security, integration, and high performance computing offerings: A broader customer mix can help diversify demand across end markets.

Bear case

Operating margin was -5.3% in the latest quarter (2026-03-31): Costs and expenses outweighed gross profit, indicating unfavorable operating leverage at current revenue levels.
High Performance Products Revenue was 0.0B in the provided segment candidates: This suggests the higher performance segment did not contribute revenue in the snapshot period.
Managed Service Monthly Net New Revenue is 0.0B in the provided KPI candidates: New intake momentum for managed services, at least as captured by this metric, appears weak in the snapshot.

Valuation — source: SEC EDGAR (first-party)
Price	$7.47
Market Cap	$75.35M
Price / Book	1.70
Price / Sales	1.32
FCF Yield	-1.9%
DCF Value (model)	$6.09
DCF Upside vs Price	-18.5%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$58.73M
Net Margin	-0.2%
Revenue Growth (YoY)	-6.8%
EPS Growth (YoY)	200.0%
FCF Growth (YoY)	-113.3%

Financial Health — source: SEC EDGAR
Altman Z-Score	3.40 (safe)

Valuation vs Sector & Industry
Sector P/E (Technology)	33.9
Industry P/E (Computers)	32.1

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	Visionary Wealth Advisors ($6.79M)
Institutional Holders Tracked	10

Company
Sector	Technology
Industry	Computers
CEO	Victor J. Dellovo
Employees	111
Country	US
IPO Date	1982-01-29

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Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.