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Side-by-side financial comparison of Cambium Networks Corp (CMBM) and TSS, Inc. (TSSI). Click either name above to swap in a different company.
TSS, Inc. is the larger business by last-quarter revenue ($60.9M vs $40.3M, roughly 1.5× Cambium Networks Corp). TSS, Inc. runs the higher net margin — 20.0% vs -17.9%, a 37.9% gap on every dollar of revenue. On growth, TSS, Inc. posted the faster year-over-year revenue change (21.8% vs -23.2%). TSS, Inc. produced more free cash flow last quarter ($15.8M vs $-10.8M). Over the past eight quarters, TSS, Inc.'s revenue compounded faster (95.8% CAGR vs -27.2%).
Cambium Networks Corporation is an American manufacturer of wireless telecommunications equipment, including Enterprise WiFi, Network switch, Internet of Things, and fixed wireless broadband and Wi-Fi for enterprises products for Internet access. Publicly traded on the NASDAQ stock exchange, it spun out of Motorola in October 2011.
CMBM vs TSSI — Head-to-Head
Income Statement — Q4 FY2024 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $40.3M | $60.9M |
| Net Profit | $-7.2M | $12.2M |
| Gross Margin | 36.6% | 17.6% |
| Operating Margin | -28.4% | 1.5% |
| Net Margin | -17.9% | 20.0% |
| Revenue YoY | -23.2% | 21.8% |
| Net Profit YoY | 71.0% | 535.7% |
| EPS (diluted) | $-0.26 | $0.44 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $60.9M | ||
| Q3 25 | — | $41.9M | ||
| Q2 25 | — | $44.0M | ||
| Q1 25 | — | $99.0M | ||
| Q4 24 | $40.3M | $50.0M | ||
| Q3 24 | $44.7M | $70.1M | ||
| Q2 24 | $45.2M | $12.2M | ||
| Q1 24 | $47.1M | $15.9M |
| Q4 25 | — | $12.2M | ||
| Q3 25 | — | $-1.5M | ||
| Q2 25 | — | $1.5M | ||
| Q1 25 | — | $3.0M | ||
| Q4 24 | $-7.2M | $1.9M | ||
| Q3 24 | $-34.5M | $2.6M | ||
| Q2 24 | $-14.2M | $1.4M | ||
| Q1 24 | $-18.4M | $15.0K |
| Q4 25 | — | 17.6% | ||
| Q3 25 | — | 11.1% | ||
| Q2 25 | — | 17.8% | ||
| Q1 25 | — | 9.3% | ||
| Q4 24 | 36.6% | 14.4% | ||
| Q3 24 | 43.6% | 11.3% | ||
| Q2 24 | 32.5% | 37.3% | ||
| Q1 24 | 29.8% | 17.1% |
| Q4 25 | — | 1.5% | ||
| Q3 25 | — | -2.2% | ||
| Q2 25 | — | 5.1% | ||
| Q1 25 | — | 4.2% | ||
| Q4 24 | -28.4% | 0.0% | ||
| Q3 24 | -69.6% | 5.4% | ||
| Q2 24 | -27.2% | 14.0% | ||
| Q1 24 | -33.1% | 1.6% |
| Q4 25 | — | 20.0% | ||
| Q3 25 | — | -3.6% | ||
| Q2 25 | — | 3.4% | ||
| Q1 25 | — | 3.0% | ||
| Q4 24 | -17.9% | 3.8% | ||
| Q3 24 | -77.3% | 3.8% | ||
| Q2 24 | -31.5% | 11.5% | ||
| Q1 24 | -39.2% | 0.1% |
| Q4 25 | — | $0.44 | ||
| Q3 25 | — | $-0.06 | ||
| Q2 25 | — | $0.06 | ||
| Q1 25 | — | $0.12 | ||
| Q4 24 | $-0.26 | $0.08 | ||
| Q3 24 | $-1.22 | $0.10 | ||
| Q2 24 | $-0.51 | $0.06 | ||
| Q1 24 | $-0.66 | $0.00 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $85.5M |
| Total DebtLower is stronger | $67.6M | — |
| Stockholders' EquityBook value | $-3.2M | $76.6M |
| Total Assets | $173.7M | $184.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $85.5M | ||
| Q3 25 | — | $70.7M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $23.2M | ||
| Q3 24 | — | $46.4M | ||
| Q2 24 | — | $8.3M | ||
| Q1 24 | — | $14.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $67.6M | — | ||
| Q3 24 | $67.6M | — | ||
| Q2 24 | $68.9M | — | ||
| Q1 24 | $63.8M | — |
| Q4 25 | — | $76.6M | ||
| Q3 25 | — | $63.4M | ||
| Q2 25 | — | $9.5M | ||
| Q1 25 | — | $9.4M | ||
| Q4 24 | $-3.2M | $7.1M | ||
| Q3 24 | $1.9M | $7.7M | ||
| Q2 24 | $34.1M | $5.2M | ||
| Q1 24 | $45.0M | $3.7M |
| Q4 25 | — | $184.9M | ||
| Q3 25 | — | $165.4M | ||
| Q2 25 | — | $139.5M | ||
| Q1 25 | — | $113.5M | ||
| Q4 24 | $173.7M | $96.6M | ||
| Q3 24 | $194.3M | $67.3M | ||
| Q2 24 | $221.1M | $28.9M | ||
| Q1 24 | $219.8M | $26.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 36.12× | — | ||
| Q2 24 | 2.02× | — | ||
| Q1 24 | 1.42× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-10.4M | $16.3M |
| Free Cash FlowOCF − Capex | $-10.8M | $15.8M |
| FCF MarginFCF / Revenue | -26.8% | 25.9% |
| Capex IntensityCapex / Revenue | 1.1% | 0.9% |
| Cash ConversionOCF / Net Profit | — | 1.34× |
| TTM Free Cash FlowTrailing 4 quarters | $-21.4M | $2.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $16.3M | ||
| Q3 25 | — | $-18.4M | ||
| Q2 25 | — | $16.3M | ||
| Q1 25 | — | $20.6M | ||
| Q4 24 | $-10.4M | $-21.6M | ||
| Q3 24 | $8.9M | $38.6M | ||
| Q2 24 | $2.4M | $-4.3M | ||
| Q1 24 | $-15.9M | $2.6M |
| Q4 25 | — | $15.8M | ||
| Q3 25 | — | $-24.9M | ||
| Q2 25 | — | $5.4M | ||
| Q1 25 | — | $5.8M | ||
| Q4 24 | $-10.8M | $-28.4M | ||
| Q3 24 | $6.8M | $38.6M | ||
| Q2 24 | $87.0K | $-6.0M | ||
| Q1 24 | $-17.4M | $2.6M |
| Q4 25 | — | 25.9% | ||
| Q3 25 | — | -59.3% | ||
| Q2 25 | — | 12.3% | ||
| Q1 25 | — | 5.8% | ||
| Q4 24 | -26.8% | -56.7% | ||
| Q3 24 | 15.2% | 55.1% | ||
| Q2 24 | 0.2% | -49.4% | ||
| Q1 24 | -37.0% | 16.4% |
| Q4 25 | — | 0.9% | ||
| Q3 25 | — | 15.3% | ||
| Q2 25 | — | 24.8% | ||
| Q1 25 | — | 15.0% | ||
| Q4 24 | 1.1% | 13.4% | ||
| Q3 24 | 4.8% | 0.1% | ||
| Q2 24 | 5.1% | 13.8% | ||
| Q1 24 | 3.3% | 0.2% |
| Q4 25 | — | 1.34× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 11.02× | ||
| Q1 25 | — | 6.93× | ||
| Q4 24 | — | -11.32× | ||
| Q3 24 | — | 14.60× | ||
| Q2 24 | — | -3.09× | ||
| Q1 24 | — | 176.40× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CMBM
| Enterprise | $16.6M | 41% |
| Point To Multi Point | $16.4M | 41% |
| Other | $5.8M | 14% |
TSSI
| Procurement Revenues Segment | $43.2M | 71% |
| System Integration Services Segment | $14.2M | 23% |
| Facilities Segment | $3.5M | 6% |
