Filing Flows › TSS (TSSI) › Q2 2026 › vs Q2 2025
TSS (TSSI) Q2 2026 vs Q2 2025 (year over year)
TSS's revenue fell $8.8M (-20%) from $44.0M in Q2 2025 to $35.1M in Q2 2026. The biggest changes: Procurement Revenues Segment −$14.8M (-45%); System Integration Services Segment +$4.4M (+46%); Facilities Segment +$1.2M (+84%). Gross margin 22.8% against 16.4% (+6.4 pts).
TSS, Q2 2026: revenue $35.1M (-20% year over year), operating margin 4.6%, net earnings $1.4M, operating cash flow $7.6M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 22.8% | 16.4% | +6.4 pts |
| Operating margin | 4.6% | 3.1% | +1.4 pts |
| Net margin | 4.1% | 3.4% | +0.7 pts |
| Free cash flow margin | 10.1% | 12.3% | -2.2 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Procurement Revenues Segment | $18.2M | $33.0M | −$14.8M | -45% |
| System Integration Services Segment | $13.9M | $9.5M | $4.4M | +46% |
| Facilities Segment | $2.7M | $1.5M | $1.2M | +84% |
| Other revenues | $289K | $0 | $289K | — |
| Revenue | $35.1M | $44.0M | −$8.8M | -20% |
| Gross profit | $8.0M | $7.2M | $812K | +11% |
| Cost of revenue | $27.1M | $36.8M | −$9.6M | -26% |
| Other income, net | $243K | $175K | $68K | +39% |
| Operating profit | $1.6M | $1.4M | $225K | +16% |
| Operating expenses | $6.4M | $5.8M | $587K | +10% |
| Pre-tax earnings | $1.8M | $1.6M | $293K | +19% |
| SG&A | $5.6M | $4.7M | $825K | +17% |
| Other operating costs | $847K | $1.1M | −$238K | -22% |
| Net earnings | $1.4M | $1.5M | −$51K | -3% |
| Income tax | $413K | $69K | $344K | +499% |
| Depreciation & amortization | $320K | $226K | $94K | +42% |
| Share-based compensation | $1.0M | $930K | $119K | +13% |
| Working capital & other | $4.8M | $13.7M | −$8.9M | -65% |
| Operating cash flow | $7.6M | $16.3M | −$8.7M | -53% |
| Free cash flow (OCF − capex) | $3.6M | $5.4M | −$1.9M | -34% |
| Capital expenditures | $4.1M | $10.9M | −$6.8M | -63% |
Questions
How much did TSS's revenue grow year over year in Q2 2026?
TSS's revenue fell $8.8M (-20%) from $44.0M in Q2 2025 to $35.1M in Q2 2026.
What drove TSS's revenue change in Q2 2026?
Procurement Revenues Segment −$14.8M (-45%); System Integration Services Segment +$4.4M (+46%); Facilities Segment +$1.2M (+84%).