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Companies / Technology / CSP INC
CSPI

CSP INC

TechnologyBusiness Services & Software
Ticker CSPILOWELL, MAFiscal year ends SeptemberBook value per share $4.66Diluted shares 9.5M

CSP Inc. (NASDAQ: CSPI) operates as an IT solutions and cybersecurity company headquartered in Lowell, Massachusetts. The company's website is http://www.cspi.com. Founded in 1968, CSPI develops and markets IT integration solutions, advanced security products, managed IT services, cloud services, purpose-built network… From the company’s description.

Fiscal year 2025 · ends 09-30Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$58.73M
+6.4% year over year
Last 12 mo $56.91M
-5.29%
−1.9 percentage points
Last 12 mo -5.35%
$-0.09M
+72.1% year over year
Last 12 mo $-0.68M
-0.20%
+0.5 percentage points
Last 12 mo -1.54%
Cash & financing
$2.27M
−46.2% year over year
Last 12 mo $-1.06M
$1.92M
−52.2% year over year
Last 12 mo $-1.41M
0.02
Was 0.09× a year earlier
Last 12 mo 0.05
9.3M
+2.8% year over year
Last 12 mo 9.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What CSP INC does

In the company’s own words

CSP Inc. (NASDAQ: CSPI) operates as an IT solutions and cybersecurity company headquartered in Lowell, Massachusetts. The company's website is http://www.cspi.com. Founded in 1968, CSPI develops and markets IT integration solutions, advanced security products, managed IT services, cloud services, purpose-built network adapters, and high-performance cluster computer systems for commercial and defense customers worldwide.

The company operates through two reportable segments. The Technology Solutions segment, comprising the wholly-owned Modcomp, Inc. subsidiary operating in the United States and United Kingdom, generated 97 percent of fiscal 2025 revenue. This segment functions as a value-added reseller of third-party computer hardware and software from vendors including Hewlett Packard Enterprise, Cisco Systems, Palo Alto Networks, Nutanix, Dell EMC, Juniper Networks, and Microsoft. The segment also delivers professional IT consulting services, managed IT services targeting small and mid-sized businesses, and cloud services across vertical markets including automotive, defense, healthcare, education, government, and maritime.

The High Performance Products segment contributed 3 percent of fiscal 2025 revenue and encompasses three product lines. The ARIA Software-Defined Security platform includes ARIA Packet Intelligence, ARIA Advanced Detection and Response, and ARIA Zero Trust PROTECT, marketed to commercial, original equipment manufacturer, and government customers. The Myricom network adapters serve markets requiring high-bandwidth and low-latency applications including packet capture, financial transactions, machine vision, and network security. Legacy Multicomputer products for digital signal processing applications in defense markets continue to generate declining revenue.

As of September 30, 2025, CSPI employed approximately 123 full-time equivalent employees worldwide. The company generated total sales of $58.7 million in fiscal 2025. CSPI maintains a gross backlog of $8.1 million across both segments. The company holds newly issued and pending patents for ARIA AZT PROTECT software and relies on trademark, trade secret, and confidentiality protections for its intellectual property. No single customer accounted for more than 10 percent of consolidated revenues in fiscal 2025 or 2024, with foreign-based revenue representing 10 percent of total sales.

Company details
Sector
Technology
Industry
Business Services & Software
Headquarters
LOWELL, MA
Fiscal year end
September
CIK
356037
SIC
7373

Financial performance, year by year

Fiscal 2013–2025 · USD
$-12.74M$21.14M$55.02M$88.90M$122.77M2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns CSP INC — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

70
funds hold it
0 of 35
superinvestors hold it
$9.26M
held by funds, at market
10.5%
of shares held by funds

Largest fund holders · CSP INC’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
U.S. SMALL CAP VALUE PORTFOLIO
DFSVX · DFA INVESTMENT DIMENSIONS GROUP INC
0.01%of fund net assets
U.S. MICRO CAP PORTFOLIO
DFSCX · DFA INVESTMENT DIMENSIONS GROUP INC
0.01%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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