Filing Flows › Data Storage (DTST) › Q4 2024
Data Storage (DTST) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Data Storage (DTST) reported revenue of $6.4M for the fourth quarter 2024 (Q4 2024), +4% from a year earlier and +10% from the quarter before. Operating margin was 4.4%, net earnings $288K (4.5% of revenue).
Data Storage, Q4 2024: revenue $6.4M (+4% year over year), operating margin 4.4%, net earnings $288K, operating cash flow $1.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.4M | +10% | +4% |
| Gross profit | $3.2M | +28% | +25% |
| Operating profit | $281K | — | — |
| Net earnings | $288K | +133% | — |
| Operating cash flow | $1.2M | +500% | -31% |
What changed
Revenue was $6.4M in Q4 2024, up 4% year over year and up 10% from the previous quarter.
Gross margin was 50.1%, up 8.5 points from a year earlier. Operating profit was $281K, a 4.4% margin (up 8.4 points year over year). Operating expenses grew 4% against revenue growth of 4%. Net earnings were $288K. The effective tax rate was 11.9%.
Operating cash flow was $1.2M (down 31% year over year), 409% of net earnings. Non-cash charges added back $358K of depreciation and amortization and $230K of share-based compensation. Working capital and other items added $309K. Capital expenditures of −$1.1M left free cash flow of $2.3M.
Questions
What was Data Storage's revenue in the fourth quarter 2024?
Data Storage (DTST) reported revenue of $6.4M for the fourth quarter 2024 (Q4 2024), +4% from a year earlier and +10% from the quarter before.
Was Data Storage profitable in the fourth quarter 2024?
Operating profit was $281K (4.4% of revenue) and net earnings $288K.
Source: Data Storage 10-K on SEC EDGAR.