Filing Flows › TSS (TSSI) › Q3 2026 › vs Q2 2026
TSS (TSSI) Q3 2026 vs Q2 2026 (quarter over quarter)
TSS's revenue rose $14.9M (+42%) from $35.1M in Q2 2026 to $50.1M in Q3 2026. The biggest changes: Procurement Revenues Segment +$14.1M (+78%); System Integration Services Segment +$2.2M (+16%); Facilities Segment −$1.6M (-59%). Gross margin 17.2% against 22.8% (-5.5 pts).
TSS, Q3 2026: revenue $50.1M (+20% year over year), operating margin 2.3%, net earnings $1.1M, operating cash flow −$3.0M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 17.2% | 22.8% | -5.5 pts |
| Operating margin | 2.3% | 4.6% | -2.2 pts |
| Net margin | 2.3% | 4.1% | -1.8 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Procurement Revenues Segment | $32.4M | $18.2M | $14.1M | +78% |
| System Integration Services Segment | $16.1M | $13.9M | $2.2M | +16% |
| Facilities Segment | $1.1M | $2.7M | −$1.6M | -59% |
| Other revenues | $433K | $289K | $144K | +50% |
| Revenue | $50.1M | $35.1M | $14.9M | +42% |
| Gross profit | $8.6M | $8.0M | $623K | +8% |
| Cost of revenue | $41.4M | $27.1M | $14.3M | +53% |
| Other income, net | $328K | $243K | $85K | +35% |
| Operating profit | $1.2M | $1.6M | −$443K | -28% |
| Operating expenses | $7.5M | $6.4M | $1.1M | +17% |
| Pre-tax earnings | $1.5M | $1.8M | −$358K | -19% |
| SG&A | $6.1M | $5.6M | $554K | +10% |
| Other operating costs | $1.4M | $847K | $512K | +60% |
| Net earnings | $1.1M | $1.4M | −$283K | -20% |
| Income tax | $338K | $413K | −$75K | -18% |
| Operating cash sources | $5.6M | −$4.8M | $10.4M | — |
| Depreciation & amortization | $356K | $320K | $36K | +11% |
| Share-based compensation | $1.1M | $1.0M | $53K | +5% |
| Cash used in operations | $3.0M | −$7.6M | $10.6M | — |
| Working capital & other | $5.6M | −$4.8M | $10.4M | — |
Questions
How much did TSS's revenue grow quarter over quarter in Q3 2026?
TSS's revenue rose $14.9M (+42%) from $35.1M in Q2 2026 to $50.1M in Q3 2026.
What drove TSS's revenue change in Q3 2026?
Procurement Revenues Segment +$14.1M (+78%); System Integration Services Segment +$2.2M (+16%); Facilities Segment −$1.6M (-59%).