TSS, Inc. (TSSI) Form 8-K — Aug 13, 2026
TSS, Inc. (Nasdaq: TSSI) reported second quarter 2026 revenue of $35.1 million, down 20% year-over-year, as lower-margin procurement revenue fell 45% to $18.2 million while higher-margin systems integration grew 46% to $13.9 million and facilities management grew 84% to $2.7 million. Systems integration now represents 39% of total revenue versus just 22% a year ago. Despite the smaller top line, profitability improved: gross profit rose 11% to $8.0 million, pre-tax income rose 19%, and Adjusted EBITDA rose 12% to $4.5 million.
Key figures
- Eps
- $0.05 diluted in Q2 2026 vs $0.06 prior year; $0.13 diluted 1H 2026 vs $0.17
- Revenue
- $35.1M in Q2 2026, down 20% YoY; $90.5M in 1H 2026, down 37% YoY
- Guidance
- 2026 Adjusted EBITDA maintained at the upper end of the $20M-$22M range; second half 2026 expected stronger than first half
- Net Income
- $1.4M in Q2 2026 vs $1.5M prior year; $3.7M in 1H 2026 vs $4.5M
- Revenue Yoy
- -20% in Q2 2026; -37% for 1H 2026
- Total Assets
- 175321000
- Cash Position
- $67.7M as of June 30, 2026 (vs $85.5M at December 31, 2025)
- Gross Profit q2 2026
- $8.0M, up 11% YoY
- Procurement Revenue q2
- $18.2M, down 45% YoY
- Adjusted EBITDA 1h 2026
- $9.8M, up 5% YoY
- Adjusted EBITDA q2 2026
- $4.5M, up 12% YoY
- Ai Data Center Investment
- ~$17 million planned investment in next-generation AI data center technology
- Pre Tax Income q2 change
- up 19% YoY
- Systems Integration Revenue q2
- $13.9M, up 46% YoY; 39% of total revenue vs 22% prior year
- Facilities Management Revenue q2
- $2.7M, up 84% YoY
Price after filing
Close on the filing date to close N calendar days later (from $11.40). Historical, not a forecast.
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