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Csp Inc. /Ma/ (CSPI) Stock Fundamental Analysis & AI Rating 2026

CSPI Nasdaq Services-Computer Integrated Systems Design MA CIK: 0000356037
Updated This Month • Analysis: Mar 23, 2026 • SEC Data: 2025-12-31
Combined AI Rating
SELL
77% Confidence
STRONG AGREEMENT
SELL
78% Conf
SELL
76% Conf

📊 CSPI Key Takeaways

Revenue: $12.0M
Net Margin: 0.8%
Free Cash Flow: $-3.0M
Current Ratio: 2.75x
Debt/Equity: 0.00x
EPS: $0.01
AI Rating: SELL with 78% confidence
Csp Inc. /Ma/ (CSPI) receives a SELL rating with 77% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $12.0M, net profit margin of 0.8%, and return on equity (ROE) of 0.2%, Csp Inc. /Ma/ demonstrates mixed fundamentals in the Technology sector. Below is our complete CSPI stock analysis for 2026.

Is Csp Inc. /Ma/ (CSPI) a Good Investment?

Claude

CSP Inc demonstrates structural profitability challenges despite modest revenue growth, with negative operating income and sharply negative free cash flow indicating operational distress. The company's strong balance sheet and liquidity position provide a temporary cushion, but deteriorating cash generation and minimal net margins suggest fundamental business model weakness that requires immediate operational turnaround.

ChatGPT

CSP Inc. shows modest top-line growth and a very strong balance sheet with significant cash and no long-term debt, but the quality of that growth is weak given negative operating income and deeply negative free cash flow. Profitability remains near breakeven, and until revenue growth converts into sustained operating leverage and positive cash generation, the fundamentals look fragile rather than compelling.

Why Buy Csp Inc. /Ma/ Stock? CSPI Key Strengths

Claude
  • + Strong balance sheet with $24.9M cash and minimal debt (0.00x debt/equity ratio)
  • + Excellent liquidity position with 2.75x current ratio and 2.62x quick ratio
  • + Solid gross margin of 39.3% indicates reasonable pricing power despite operational challenges
ChatGPT
  • + Strong liquidity with $24.93M in cash, a 2.75x current ratio, and no long-term debt
  • + Revenue grew 6.4% year over year, indicating some ongoing demand support
  • + Gross margin of 39.3% provides a reasonable base if operating expenses are controlled

CSPI Stock Risks: Csp Inc. /Ma/ Investment Risks

Claude
  • ! Severe negative operating cash flow of -$2.9M with -25.1% FCF margin indicating cash burn despite revenue generation
  • ! Operating losses of -$112K despite positive net income, suggesting non-operating gains masking underlying business weakness
  • ! Minimal profitability metrics with 0.8% net margin and near-zero ROE (0.2%) and ROA (0.1%) indicate poor capital efficiency
  • ! Negative interest coverage ratio of -1.3x reflects inability to cover obligations from operations
ChatGPT
  • ! Operating margin is negative and net margin is only 0.8%, showing weak underlying profitability
  • ! Operating cash flow of -$2.92M and free cash flow of -$3.02M indicate poor cash conversion
  • ! Returns on capital are minimal, with ROE of 0.2% and ROA of 0.1%, suggesting inefficient use of assets and equity

Key Metrics to Watch

Claude
  • * Operating cash flow trend - critical indicator of whether cash burn stabilizes
  • * Operating margin improvement - path to positive operating income essential for viability
  • * Revenue quality and growth sustainability - current 6.4% growth insufficient to offset operational losses
ChatGPT
  • * Operating cash flow and free cash flow trend
  • * Operating margin improvement versus revenue growth

Csp Inc. /Ma/ (CSPI) Financial Metrics & Key Ratios

Revenue
$12.0M
Net Income
$91.0K
EPS (Diluted)
$0.01
Free Cash Flow
$-3.0M
Total Assets
$69.2M
Cash Position
$24.9M

💡 AI Analyst Insight

Strong liquidity with a 2.75x current ratio provides a solid financial cushion.

CSPI Profit Margin, ROE & Profitability Analysis

Gross Margin 39.3%
Operating Margin -0.9%
Net Margin 0.8%
ROE 0.2%
ROA 0.1%
FCF Margin -25.1%

CSPI vs Technology Sector: How Csp Inc. /Ma/ Compares

How Csp Inc. /Ma/ compares to Technology sector averages

Net Margin
CSPI 0.8%
vs
Sector Avg 18.0%
CSPI Sector
ROE
CSPI 0.2%
vs
Sector Avg 22.0%
CSPI Sector
Current Ratio
CSPI 2.8x
vs
Sector Avg 2.5x
CSPI Sector
Debt/Equity
CSPI 0.0x
vs
Sector Avg 0.5x
CSPI Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Csp Inc. /Ma/ Stock Overvalued? CSPI Valuation Analysis 2026

Based on fundamental analysis, Csp Inc. /Ma/ has mixed fundamental signals relative to the Technology sector in 2026.

Return on Equity
0.2%
Sector avg: 22%
Net Profit Margin
0.8%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Csp Inc. /Ma/ Balance Sheet: CSPI Debt, Cash & Liquidity

Current Ratio
2.75x
Quick Ratio
2.62x
Debt/Equity
0.00x
Debt/Assets
35.2%
Interest Coverage
-1.30x
Long-term Debt
N/A

CSPI Revenue & Earnings Growth: 5-Year Financial Trend

CSPI 5-year financial data: Year 2021: Revenue $61.8M, Net Income -$1.4M, EPS $-0.36. Year 2022: Revenue $54.4M, Net Income $699.0K, EPS $0.16. Year 2023: Revenue $64.6M, Net Income $1.9M, EPS $0.42. Year 2024: Revenue $64.6M, Net Income $5.2M, EPS $0.55. Year 2025: Revenue $58.7M, Net Income -$326.0K, EPS $-0.04.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Csp Inc. /Ma/'s revenue has remained relatively flat over the 5-year period, with a 5% decline. The most recent EPS of $-0.04 indicates the company is currently unprofitable.

CSPI Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-25.1%
Free cash flow / Revenue

CSPI Quarterly Earnings & Performance

Quarterly financial performance data for Csp Inc. /Ma/ including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $12.0M $91.0K $0.01
Q3 2025 $13.1M $100.0K $0.01
Q2 2025 $13.1M -$108.0K $-0.01
Q1 2025 $15.4M -$73.0K $-0.01
Q3 2024 $13.1M -$185.0K $-0.02
Q2 2024 $13.3M $321.0K $0.03
Q1 2024 $15.4M -$73.0K $-0.02
Q3 2023 $13.3M $474.0K $0.11

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Csp Inc. /Ma/ Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$2.9M
Cash generated from operations
Stock Buybacks
$869.0K
Shares repurchased (TTM)
Capital Expenditures
$105.0K
Investment in assets
Dividends Paid
$299.0K
Returned to shareholders

CSPI SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Csp Inc. /Ma/ (CIK: 0000356037)

📋 Recent SEC Filings

Date Form Document Action
Apr 15, 2026 4 xslF345X06/primary_doc.xml View →
Apr 1, 2026 4 xslF345X06/primary_doc.xml View →
Apr 1, 2026 4 xslF345X06/primary_doc.xml View →
Apr 1, 2026 4 xslF345X06/primary_doc.xml View →
Apr 1, 2026 4 xslF345X06/primary_doc.xml View →

Frequently Asked Questions about CSPI

What is the AI rating for CSPI?

Csp Inc. /Ma/ (CSPI) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (SELL) with 77% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CSPI's key strengths?

Claude: Strong balance sheet with $24.9M cash and minimal debt (0.00x debt/equity ratio). Excellent liquidity position with 2.75x current ratio and 2.62x quick ratio. ChatGPT: Strong liquidity with $24.93M in cash, a 2.75x current ratio, and no long-term debt. Revenue grew 6.4% year over year, indicating some ongoing demand support.

What are the risks of investing in CSPI?

Claude: Severe negative operating cash flow of -$2.9M with -25.1% FCF margin indicating cash burn despite revenue generation. Operating losses of -$112K despite positive net income, suggesting non-operating gains masking underlying business weakness. ChatGPT: Operating margin is negative and net margin is only 0.8%, showing weak underlying profitability. Operating cash flow of -$2.92M and free cash flow of -$3.02M indicate poor cash conversion.

What is CSPI's revenue and growth?

Csp Inc. /Ma/ reported revenue of $12.0M.

Does CSPI pay dividends?

Csp Inc. /Ma/ pays dividends, with $0.3M distributed to shareholders in the trailing twelve months.

Where can I find CSPI SEC filings?

Official SEC filings for Csp Inc. /Ma/ (CIK: 0000356037) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CSPI's EPS?

Csp Inc. /Ma/ has a diluted EPS of $0.01.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is CSPI a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Csp Inc. /Ma/ has a SELL rating with 77% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is CSPI stock overvalued or undervalued?

Valuation metrics for CSPI: ROE of 0.2% (sector avg: 22%), net margin of 0.8% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

Should I buy CSPI stock in 2026?

Our dual AI analysis gives Csp Inc. /Ma/ a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is CSPI's free cash flow?

Csp Inc. /Ma/'s operating cash flow is $-2.9M, with capital expenditures of $105.0K. FCF margin is -25.1%.

How does CSPI compare to other Technology stocks?

Vs Technology sector averages: Net margin 0.8% (avg: 18%), ROE 0.2% (avg: 22%), current ratio 2.75 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 23, 2026 | Data as of: 2025-12-31 | Powered by Claude AI