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Side-by-side financial comparison of CSP INC (CSPI) and FutureFuel Corp. (FF). Click either name above to swap in a different company.
FutureFuel Corp. is the larger business by last-quarter revenue ($19.8M vs $12.0M, roughly 1.6× CSP INC). CSP INC runs the higher net margin — 0.8% vs -60.5%, a 61.3% gap on every dollar of revenue. On growth, CSP INC posted the faster year-over-year revenue change (-23.2% vs -67.7%). CSP INC produced more free cash flow last quarter ($-3.0M vs $-29.9M). Over the past eight quarters, CSP INC's revenue compounded faster (-6.3% CAGR vs -41.7%).
CSP Inc. is a U.S.-based technology firm offering cybersecurity solutions, managed IT services, high-performance computing systems, and IT consulting support. It serves enterprises across healthcare, finance, manufacturing, and public sectors in North America and select global markets.
FutureFuel Corporation is a developer and producer of chemicals and biofuels. It is listed on the New York Stock Exchange, with symbol FF.
CSPI vs FF — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $12.0M | $19.8M |
| Net Profit | $91.0K | $-12.0M |
| Gross Margin | 39.3% | -46.7% |
| Operating Margin | -0.9% | -62.9% |
| Net Margin | 0.8% | -60.5% |
| Revenue YoY | -23.2% | -67.7% |
| Net Profit YoY | -80.7% | -529.4% |
| EPS (diluted) | $0.01 | $-0.28 |
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 | $12.0M | $19.8M | ||
| Q3 25 | $14.5M | $22.7M | ||
| Q2 25 | $15.4M | $35.7M | ||
| Q1 25 | $13.1M | $17.5M | ||
| Q4 24 | $15.7M | $61.5M | ||
| Q3 24 | $13.0M | $51.1M | ||
| Q2 24 | $13.1M | $72.4M | ||
| Q1 24 | $13.7M | $58.3M |
| Q4 25 | $91.0K | $-12.0M | ||
| Q3 25 | $-191.0K | $-9.3M | ||
| Q2 25 | $-264.0K | $-10.4M | ||
| Q1 25 | $-108.0K | $-17.6M | ||
| Q4 24 | $472.0K | $2.8M | ||
| Q3 24 | $-1.7M | $-1.2M | ||
| Q2 24 | $-185.0K | $9.6M | ||
| Q1 24 | $1.6M | $4.3M |
| Q4 25 | 39.3% | -46.7% | ||
| Q3 25 | 36.6% | -30.1% | ||
| Q2 25 | 28.8% | -24.6% | ||
| Q1 25 | 32.0% | -83.0% | ||
| Q4 24 | 29.1% | 9.1% | ||
| Q3 24 | 28.4% | 0.7% | ||
| Q2 24 | 35.0% | 12.0% | ||
| Q1 24 | 47.3% | 8.6% |
| Q4 25 | -0.9% | -62.9% | ||
| Q3 25 | -3.7% | -42.9% | ||
| Q2 25 | -7.9% | -33.4% | ||
| Q1 25 | -7.6% | -107.4% | ||
| Q4 24 | -2.3% | 2.6% | ||
| Q3 24 | -15.7% | -5.6% | ||
| Q2 24 | -5.5% | 7.5% | ||
| Q1 24 | 9.0% | 3.8% |
| Q4 25 | 0.8% | -60.5% | ||
| Q3 25 | -1.3% | -41.1% | ||
| Q2 25 | -1.7% | -29.2% | ||
| Q1 25 | -0.8% | -100.6% | ||
| Q4 24 | 3.0% | 4.5% | ||
| Q3 24 | -12.7% | -2.3% | ||
| Q2 24 | -1.4% | 13.2% | ||
| Q1 24 | 11.6% | 7.4% |
| Q4 25 | $0.01 | $-0.28 | ||
| Q3 25 | $-0.02 | $-0.21 | ||
| Q2 25 | $-0.03 | $-0.24 | ||
| Q1 25 | $-0.01 | $-0.40 | ||
| Q4 24 | $0.05 | $0.06 | ||
| Q3 24 | $-0.17 | $-0.03 | ||
| Q2 24 | $-0.02 | $0.22 | ||
| Q1 24 | $0.16 | $0.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $24.9M | $51.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $44.8M | $154.7M |
| Total Assets | $69.2M | $192.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.9M | $51.3M | ||
| Q3 25 | $27.4M | $85.6M | ||
| Q2 25 | $26.3M | $95.2M | ||
| Q1 25 | $29.5M | $97.1M | ||
| Q4 24 | $30.7M | $109.5M | ||
| Q3 24 | $30.6M | $133.4M | ||
| Q2 24 | $28.9M | $115.1M | ||
| Q1 24 | $27.1M | $201.1M |
| Q4 25 | $44.8M | $154.7M | ||
| Q3 25 | $44.6M | $169.1M | ||
| Q2 25 | $47.5M | $178.2M | ||
| Q1 25 | $47.5M | $188.4M | ||
| Q4 24 | $47.5M | $205.8M | ||
| Q3 24 | $47.3M | $213.3M | ||
| Q2 24 | $48.1M | $214.4M | ||
| Q1 24 | $48.2M | $204.8M |
| Q4 25 | $69.2M | $192.2M | ||
| Q3 25 | $71.2M | $203.5M | ||
| Q2 25 | $66.8M | $218.2M | ||
| Q1 25 | $67.1M | $227.7M | ||
| Q4 24 | $67.5M | $247.7M | ||
| Q3 24 | $69.4M | $256.5M | ||
| Q2 24 | $66.8M | $261.2M | ||
| Q1 24 | $64.2M | $365.4M |
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 | $-2.9M | $-27.4M |
| Free Cash FlowOCF − Capex | $-3.0M | $-29.9M |
| FCF MarginFCF / Revenue | -25.1% | -150.5% |
| Capex IntensityCapex / Revenue | 0.9% | 12.2% |
| Cash ConversionOCF / Net Profit | -32.04× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-2.8M | $-46.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-2.9M | $-27.4M | ||
| Q3 25 | $1.9M | $-1.1M | ||
| Q2 25 | $-3.3M | $5.2M | ||
| Q1 25 | $1.9M | $-5.4M | ||
| Q4 24 | $1.7M | $-16.6M | ||
| Q3 24 | $-1.5M | $25.8M | ||
| Q2 24 | $2.4M | $27.8M | ||
| Q1 24 | $1.7M | $-12.2M |
| Q4 25 | $-3.0M | $-29.9M | ||
| Q3 25 | $1.7M | $-6.5M | ||
| Q2 25 | $-3.3M | $-263.0K | ||
| Q1 25 | $1.9M | $-9.4M | ||
| Q4 24 | $1.7M | $-20.7M | ||
| Q3 24 | $-1.5M | $20.5M | ||
| Q2 24 | $2.4M | $24.8M | ||
| Q1 24 | $1.6M | $-14.5M |
| Q4 25 | -25.1% | -150.5% | ||
| Q3 25 | 11.5% | -28.5% | ||
| Q2 25 | -21.7% | -0.7% | ||
| Q1 25 | 14.5% | -53.6% | ||
| Q4 24 | 10.8% | -33.6% | ||
| Q3 24 | -11.7% | 40.1% | ||
| Q2 24 | 17.9% | 34.3% | ||
| Q1 24 | 11.9% | -24.9% |
| Q4 25 | 0.9% | 12.2% | ||
| Q3 25 | 1.6% | 23.5% | ||
| Q2 25 | 0.4% | 15.3% | ||
| Q1 25 | 0.1% | 22.8% | ||
| Q4 24 | 0.3% | 6.6% | ||
| Q3 24 | 0.1% | 10.4% | ||
| Q2 24 | 0.3% | 4.1% | ||
| Q1 24 | 0.1% | 3.9% |
| Q4 25 | -32.04× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.69× | -5.94× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 2.90× | ||
| Q1 24 | 1.04× | -2.82× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CSPI
| Products | $6.7M | 56% |
| Services | $5.3M | 44% |
FF
| Chemicals | $18.0M | 91% |
| Biofuels | $1.8M | 9% |
