Filing Flows › Teamshares (TMS) › How it makes money
How Teamshares (TMS) makes money
Teamshares (TMS) made $149M of revenue in the second quarter 2026 (Q2 2026), +20% from a year earlier. Products brought in $113M (76%); Services brought in $36.1M (24%). Of every dollar of revenue, 41¢ was left as gross profit, 2¢ was left as operating profit, 6¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q2 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Products | $113M | 75.7% | — | +32% |
| Services | $36.1M | 24.3% | — | -6% |
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $149M | 100.0% |
| Cost of revenue | $87.2M | 58.7% |
| Gross profit | $61.4M | 41.3% |
| Operating expenses | $58.4M | 39.3% |
| Operating profit | $3.0M | 2.0% |
| Income tax | $601K | 0.4% |
| Net earnings | $9.2M | 6.2% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $149M | +20% |
| Q2 2025 | $124M | — |
From Teamshares' 10-Q filed Aug 14, 2026 (on EDGAR).
Questions
How does Teamshares make money?
Teamshares (TMS) made $149M of revenue in the second quarter 2026 (Q2 2026), +20% from a year earlier. Products brought in $113M (76%); Services brought in $36.1M (24%). Of every dollar of revenue, 41¢ was left as gross profit, 2¢ was left as operating profit, 6¢ was left as net earnings.
What is Teamshares' biggest business?
Products: $113M in the second quarter 2026, 76% of revenue, +32% from a year earlier.
What is Teamshares' profit margin?
Net earnings were $9.2M, 6.2% of revenue, in the second quarter 2026; the operating margin was 2.0%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.