Reported results
- Total GAAP revenues were $50.1 million, up 20% compared to the third quarter of 2025.
- GAAP Systems Integration revenues were a record $16.1 million, up 75% year-over-year.
- GAAP gross profit was $8.6 million, up 86% compared to the prior-year quarter.
- GAAP net income was $1.1 million, or $0.04 per diluted common share, compared to a GAAP net loss of $1.5 million, or ($0.06) per diluted common share, in the third quarter of 2025.
- Non-GAAP Adjusted EBITDA was $4.7 million, up 225% compared to $1.5 million in the third quarter of 2025.
Guidance
- TSS, Inc. raised its full-year 2026 outlook for non-GAAP Adjusted EBITDA to a range of $21 million to $23 million.
Notes
Third quarter 2026 Net income and Diluted EPS figures reflect a full tax provision following the fourth quarter 2025 removal of the valuation allowance on the deferred tax asset.
Price and volatility reaction
Source
The figures above come from the earnings release the company filed with the SEC on 2026-11-05 (8-K, Item 2.02). Read the original filing on sec.gov.
