Press release
TSS Reports Third Quarter 2025 Financial Results
Year-to-date revenue of $184.8 million, up 88%2025 Outlook Updated to Reflect Growth Investments GEORGETOWN, TX / ACCESS Newswire / November 13, 2025 / TSS,
About this update from Tss, Inc.
[{"type":"text","content":"Year-to-date revenue of $184.8 million, up 88%2025 Outlook Updated to Reflect Growth Investments GEORGETOWN, TX / ACCESS Newswire / November 13, 2025 / TSS, Inc. (Nasdaq:TSSI), a data center services company that integrates AI and other high-performance computing infrastructure and software and provides related data center services, today reported results for its third quarter ended September 30, 2025.\"Our year-to-date revenue growth of 88% and Adjusted EBITDA improvement of 59% underscore the strength and momentum of our business. This quarter's procurement revenues reflect a comparison against last year's exceptionally strong Q3 results. In our Systems Integration business, where we deliver infrastructure to serve the exploding AI market, the volume of racks we integrated was lower than expected due to unforeseen operational requirements. We have implemented new procedures and processes and are seeing dramatically higher rack volumes in our fourth quarter. Costs reflect a full quarter of our new factory that in the third quarter were not matched by the additional revenues we expect to increase beginning in the fourth quarter plus additional investment in the facility itself\", said Darryll Dewan, CEO of TSS, Inc.Third Quarter 2025 Financial Highlights:(All comparisons are to Third Quarter 2024 unless otherwise noted)Revenues of $41.9 million, down 40%Procurement revenues of $31.1 million, down 49%Systems Integration revenues of $9.2 million, up 20%Facilities Management revenues of $1.6 million, down 19%Gross profit of $4.6 million, down 41%Reflects current year allocation of depreciation to COGSNet loss of $1.5 million compared to net income of $2.6 million in Q3 2024Diluted EPS of ($0.06) compared to $0.10Adjusted EBITDA of $1.5 million, down 66%Year-to-Date 2025 Financial Highlights(All comparisons are to the First Nine Months of 2024 unless otherwise noted)Revenues of $184.8 million, up 88%Procurement revenues of $154.3 million, up 100%Systems Integration revenues of $26.1 million, up 78%Facilities Management revenues of $4.4 million, down 32%Gross profit of $21.0 million, up 39%Net income of $3.0 million, down 27%Diluted EPS of $0.11, down from $0.16Adjusted EBITDA of $10.7 million, up 59%Fourth Quarter OutlookDewan added, \"Two years of rapid growth, a focus on operational excellence and strong relationships with key par...