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Side-by-side financial comparison of CSP INC (CSPI) and Five Point Holdings, LLC (FPH). Click either name above to swap in a different company.

Five Point Holdings, LLC is the larger business by last-quarter revenue ($13.6M vs $12.0M, roughly 1.1× CSP INC). CSP INC runs the higher net margin — 0.8% vs -16.4%, a 17.2% gap on every dollar of revenue. On growth, Five Point Holdings, LLC posted the faster year-over-year revenue change (3.2% vs -23.2%). Over the past eight quarters, CSP INC's revenue compounded faster (-6.3% CAGR vs -48.5%).

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.

Five Point Holdings, LLC is a leading U.S. real estate development company that focuses on planning and constructing large-scale master-planned mixed-use communities in high-demand markets across California. Its projects integrate residential housing, commercial office spaces, retail outlets, public amenities and recreational facilities to build vibrant, sustainable living and working environments for local populations.

CSPI vs FPH — Head-to-Head

Bigger by revenue
FPH
FPH
1.1× larger
FPH
$13.6M
$12.0M
CSPI
Growing faster (revenue YoY)
FPH
FPH
+26.4% gap
FPH
3.2%
-23.2%
CSPI
Higher net margin
CSPI
CSPI
17.2% more per $
CSPI
0.8%
-16.4%
FPH
Faster 2-yr revenue CAGR
CSPI
CSPI
Annualised
CSPI
-6.3%
-48.5%
FPH

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CSPI
CSPI
FPH
FPH
Revenue
$12.0M
$13.6M
Net Profit
$91.0K
$-2.2M
Gross Margin
39.3%
Operating Margin
-0.9%
-43.5%
Net Margin
0.8%
-16.4%
Revenue YoY
-23.2%
3.2%
Net Profit YoY
-80.7%
-109.6%
EPS (diluted)
$0.01

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.

Revenue
CSPI
CSPI
FPH
FPH
Q1 26
$13.6M
Q4 25
$12.0M
$75.9M
Q3 25
$14.5M
$13.5M
Q2 25
$15.4M
$7.5M
Q1 25
$13.1M
$13.2M
Q4 24
$15.7M
$159.8M
Q3 24
$13.0M
$17.0M
Q2 24
$13.1M
$51.2M
Net Profit
CSPI
CSPI
FPH
FPH
Q1 26
$-2.2M
Q4 25
$91.0K
$58.7M
Q3 25
$-191.0K
$21.1M
Q2 25
$-264.0K
$3.3M
Q1 25
$-108.0K
$23.3M
Q4 24
$472.0K
$121.0M
Q3 24
$-1.7M
$4.8M
Q2 24
$-185.0K
$14.7M
Gross Margin
CSPI
CSPI
FPH
FPH
Q1 26
Q4 25
39.3%
Q3 25
36.6%
Q2 25
28.8%
Q1 25
32.0%
Q4 24
29.1%
Q3 24
28.4%
Q2 24
35.0%
Operating Margin
CSPI
CSPI
FPH
FPH
Q1 26
-43.5%
Q4 25
-0.9%
89.0%
Q3 25
-3.7%
Q2 25
-7.9%
Q1 25
-7.6%
Q4 24
-2.3%
87.5%
Q3 24
-15.7%
83.6%
Q2 24
-5.5%
86.1%
Net Margin
CSPI
CSPI
FPH
FPH
Q1 26
-16.4%
Q4 25
0.8%
77.3%
Q3 25
-1.3%
156.2%
Q2 25
-1.7%
44.4%
Q1 25
-0.8%
177.0%
Q4 24
3.0%
75.7%
Q3 24
-12.7%
28.0%
Q2 24
-1.4%
28.8%
EPS (diluted)
CSPI
CSPI
FPH
FPH
Q1 26
Q4 25
$0.01
Q3 25
$-0.02
Q2 25
$-0.03
Q1 25
$-0.01
Q4 24
$0.05
Q3 24
$-0.17
Q2 24
$-0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CSPI
CSPI
FPH
FPH
Cash + ST InvestmentsLiquidity on hand
$24.9M
$332.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$44.8M
$2.3B
Total Assets
$69.2M
$3.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSPI
CSPI
FPH
FPH
Q1 26
$332.6M
Q4 25
$24.9M
$425.5M
Q3 25
$27.4M
$351.1M
Q2 25
$26.3M
$456.6M
Q1 25
$29.5M
$528.3M
Q4 24
$30.7M
$430.9M
Q3 24
$30.6M
$224.5M
Q2 24
$28.9M
$217.4M
Stockholders' Equity
CSPI
CSPI
FPH
FPH
Q1 26
$2.3B
Q4 25
$44.8M
$2.3B
Q3 25
$44.6M
$2.3B
Q2 25
$47.5M
$2.2B
Q1 25
$47.5M
$2.2B
Q4 24
$47.5M
$2.2B
Q3 24
$47.3M
$2.0B
Q2 24
$48.1M
$2.0B
Total Assets
CSPI
CSPI
FPH
FPH
Q1 26
$3.2B
Q4 25
$69.2M
$3.2B
Q3 25
$71.2M
$3.2B
Q2 25
$66.8M
$3.2B
Q1 25
$67.1M
$3.2B
Q4 24
$67.5M
$3.1B
Q3 24
$69.4M
$2.9B
Q2 24
$66.8M
$2.9B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CSPI
CSPI
FPH
FPH
Operating Cash FlowLast quarter
$-2.9M
$-44.5M
Free Cash FlowOCF − Capex
$-3.0M
FCF MarginFCF / Revenue
-25.1%
Capex IntensityCapex / Revenue
0.9%
0.0%
Cash ConversionOCF / Net Profit
-32.04×
TTM Free Cash FlowTrailing 4 quarters
$-2.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSPI
CSPI
FPH
FPH
Q1 26
$-44.5M
Q4 25
$-2.9M
$105.2M
Q3 25
$1.9M
$40.4M
Q2 25
$-3.3M
$-71.6M
Q1 25
$1.9M
$56.7M
Q4 24
$1.7M
$116.0M
Q3 24
$-1.5M
$-18.0M
Q2 24
$2.4M
$-23.2M
Free Cash Flow
CSPI
CSPI
FPH
FPH
Q1 26
Q4 25
$-3.0M
$105.0M
Q3 25
$1.7M
Q2 25
$-3.3M
$-71.7M
Q1 25
$1.9M
$56.7M
Q4 24
$1.7M
$115.2M
Q3 24
$-1.5M
$-18.2M
Q2 24
$2.4M
$-23.6M
FCF Margin
CSPI
CSPI
FPH
FPH
Q1 26
Q4 25
-25.1%
138.4%
Q3 25
11.5%
Q2 25
-21.7%
-959.3%
Q1 25
14.5%
430.9%
Q4 24
10.8%
72.1%
Q3 24
-11.7%
-106.9%
Q2 24
17.9%
-46.1%
Capex Intensity
CSPI
CSPI
FPH
FPH
Q1 26
0.0%
Q4 25
0.9%
0.3%
Q3 25
1.6%
0.0%
Q2 25
0.4%
0.8%
Q1 25
0.1%
0.3%
Q4 24
0.3%
0.5%
Q3 24
0.1%
1.3%
Q2 24
0.3%
0.7%
Cash Conversion
CSPI
CSPI
FPH
FPH
Q1 26
Q4 25
-32.04×
1.79×
Q3 25
1.92×
Q2 25
-21.58×
Q1 25
2.44×
Q4 24
3.69×
0.96×
Q3 24
-3.77×
Q2 24
-1.58×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CSPI
CSPI

Products$6.7M56%
Services$5.3M44%

FPH
FPH

Segment breakdown not available.

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