Filing Flows › Research Solutions (RSSS) › Q3 FY26 › vs Q3 FY25
Research Solutions (RSSS) Q3 FY26 vs Q3 FY25 (year over year)
Research Solutions's revenue fell $540K (-4%) from $12.7M in Q3 FY25 to $12.1M in Q3 FY26. The biggest changes: Transactions −$860K (-11%); Platforms +$321K (+7%). Gross margin 51.7% against 49.5% (+2.2 pts).
Research Solutions, Q3 FY26: revenue $12.1M (-4% year over year), operating margin 8.6%, net earnings $860K, operating cash flow $1.0M. The chart draws each line against Q3 FY25, the increases inside each band.
Margins
| Q3 FY26 | Q3 FY25 | Change | |
|---|---|---|---|
| Gross margin | 51.7% | 49.5% | +2.2 pts |
| Operating margin | 8.6% | 4.4% | +4.2 pts |
| Net margin | 7.1% | 1.7% | +5.4 pts |
| Free cash flow margin | 8.3% | 22.8% | -14.5 pts |
Every line
| Line | Q3 FY26 | Q3 FY25 | Change | % |
|---|---|---|---|---|
| Transactions | $7.0M | $7.8M | −$860K | -11% |
| Platforms | $5.2M | $4.8M | $321K | +7% |
| Revenue | $12.1M | $12.7M | −$540K | -4% |
| Gross profit | $6.3M | $6.3M | −$2K | 0% |
| Cost of revenue | $5.9M | $6.4M | −$538K | -8% |
| Operating profit | $1.0M | $557K | $488K | +88% |
| Operating expenses | $5.2M | $5.7M | −$490K | -9% |
| Pre-tax earnings | $882K | $230K | $652K | +284% |
| Other expense, net | $163K | $327K | −$164K | -50% |
| SG&A | $4.9M | $5.4M | −$490K | -9% |
| Other operating costs | $312K | $312K | $389 | +0.1% |
| Net earnings | $860K | $216K | $644K | +297% |
| Income tax | $22K | $13K | $9K | +65% |
| Depreciation & amortization | $312K | $312K | $389 | +0.1% |
| Working capital & other | $165K | −$2.4M | $2.5M | — |
| Operating cash flow | $1.0M | $2.9M | −$1.9M | -65% |
| Free cash flow (OCF − capex) | $1.0M | $2.9M | −$1.9M | -65% |
| Capital expenditures | $4K | $6K | −$2K | -34% |
Questions
How much did Research Solutions's revenue grow year over year in Q3 FY26?
Research Solutions's revenue fell $540K (-4%) from $12.7M in Q3 FY25 to $12.1M in Q3 FY26.
What drove Research Solutions's revenue change in Q3 FY26?
Transactions −$860K (-11%); Platforms +$321K (+7%).