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Side-by-side financial comparison of CSP INC (CSPI) and FIRST US BANCSHARES, INC. (FUSB). Click either name above to swap in a different company.

CSP INC is the larger business by last-quarter revenue ($12.0M vs $10.4M, roughly 1.2× FIRST US BANCSHARES, INC.). FIRST US BANCSHARES, INC. runs the higher net margin — 20.4% vs 0.8%, a 19.7% gap on every dollar of revenue. On growth, FIRST US BANCSHARES, INC. posted the faster year-over-year revenue change (7.1% vs -23.2%). FIRST US BANCSHARES, INC. produced more free cash flow last quarter ($9.1M vs $-3.0M). Over the past eight quarters, FIRST US BANCSHARES, INC.'s revenue compounded faster (2.6% CAGR vs -6.3%).

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.

First Citizens Bancshares, Inc. is a bank holding company based in Raleigh, North Carolina and one of the largest banks in the United States. Its primary subsidiary is First Citizens Bank, which operates over 500 branches in 23 states. A second subsidiary is Silicon Valley Bank, which operates 39 offices in 15 states.

CSPI vs FUSB — Head-to-Head

Bigger by revenue
CSPI
CSPI
1.2× larger
CSPI
$12.0M
$10.4M
FUSB
Growing faster (revenue YoY)
FUSB
FUSB
+30.3% gap
FUSB
7.1%
-23.2%
CSPI
Higher net margin
FUSB
FUSB
19.7% more per $
FUSB
20.4%
0.8%
CSPI
More free cash flow
FUSB
FUSB
$12.1M more FCF
FUSB
$9.1M
$-3.0M
CSPI
Faster 2-yr revenue CAGR
FUSB
FUSB
Annualised
FUSB
2.6%
-6.3%
CSPI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CSPI
CSPI
FUSB
FUSB
Revenue
$12.0M
$10.4M
Net Profit
$91.0K
$2.1M
Gross Margin
39.3%
Operating Margin
-0.9%
28.1%
Net Margin
0.8%
20.4%
Revenue YoY
-23.2%
7.1%
Net Profit YoY
-80.7%
24.2%
EPS (diluted)
$0.01
$0.36

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
FUSB
FUSB
Q4 25
$12.0M
$10.4M
Q3 25
$14.5M
$10.5M
Q2 25
$15.4M
$10.3M
Q1 25
$13.1M
$9.8M
Q4 24
$15.7M
$9.7M
Q3 24
$13.0M
$10.1M
Q2 24
$13.1M
$10.0M
Q1 24
$13.7M
$9.9M
Net Profit
CSPI
CSPI
FUSB
FUSB
Q4 25
$91.0K
$2.1M
Q3 25
$-191.0K
$1.9M
Q2 25
$-264.0K
$155.0K
Q1 25
$-108.0K
$1.8M
Q4 24
$472.0K
$1.7M
Q3 24
$-1.7M
$2.2M
Q2 24
$-185.0K
$2.1M
Q1 24
$1.6M
$2.1M
Gross Margin
CSPI
CSPI
FUSB
FUSB
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%
Q1 24
47.3%
Operating Margin
CSPI
CSPI
FUSB
FUSB
Q4 25
-0.9%
28.1%
Q3 25
-3.7%
23.9%
Q2 25
-7.9%
1.6%
Q1 25
-7.6%
23.8%
Q4 24
-2.3%
23.8%
Q3 24
-15.7%
29.2%
Q2 24
-5.5%
27.4%
Q1 24
9.0%
27.8%
Net Margin
CSPI
CSPI
FUSB
FUSB
Q4 25
0.8%
20.4%
Q3 25
-1.3%
18.4%
Q2 25
-1.7%
1.5%
Q1 25
-0.8%
18.1%
Q4 24
3.0%
17.6%
Q3 24
-12.7%
22.0%
Q2 24
-1.4%
21.2%
Q1 24
11.6%
21.3%
EPS (diluted)
CSPI
CSPI
FUSB
FUSB
Q4 25
$0.01
$0.36
Q3 25
$-0.02
$0.32
Q2 25
$-0.03
$0.03
Q1 25
$-0.01
$0.29
Q4 24
$0.05
$0.29
Q3 24
$-0.17
$0.36
Q2 24
$-0.02
$0.34
Q1 24
$0.16
$0.34

Balance Sheet & Financial Strength

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

Metric
CSPI
CSPI
FUSB
FUSB
Cash + ST InvestmentsLiquidity on hand
$24.9M
$73.5M
Total DebtLower is stronger
$10.9M
Stockholders' EquityBook value
$44.8M
$105.6M
Total Assets
$69.2M
$1.2B
Debt / EquityLower = less leverage
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSPI
CSPI
FUSB
FUSB
Q4 25
$24.9M
$73.5M
Q3 25
$27.4M
$54.7M
Q2 25
$26.3M
$54.0M
Q1 25
$29.5M
$56.0M
Q4 24
$30.7M
$47.2M
Q3 24
$30.6M
$82.3M
Q2 24
$28.9M
$58.2M
Q1 24
$27.1M
$60.2M
Total Debt
CSPI
CSPI
FUSB
FUSB
Q4 25
$10.9M
Q3 25
$10.9M
Q2 25
$10.9M
Q1 25
$10.9M
Q4 24
$10.9M
Q3 24
$10.9M
Q2 24
$10.8M
Q1 24
$10.8M
Stockholders' Equity
CSPI
CSPI
FUSB
FUSB
Q4 25
$44.8M
$105.6M
Q3 25
$44.6M
$104.2M
Q2 25
$47.5M
$101.9M
Q1 25
$47.5M
$101.2M
Q4 24
$47.5M
$98.6M
Q3 24
$47.3M
$98.5M
Q2 24
$48.1M
$93.8M
Q1 24
$48.2M
$92.3M
Total Assets
CSPI
CSPI
FUSB
FUSB
Q4 25
$69.2M
$1.2B
Q3 25
$71.2M
$1.1B
Q2 25
$66.8M
$1.1B
Q1 25
$67.1M
$1.1B
Q4 24
$67.5M
$1.1B
Q3 24
$69.4M
$1.1B
Q2 24
$66.8M
$1.1B
Q1 24
$64.2M
$1.1B
Debt / Equity
CSPI
CSPI
FUSB
FUSB
Q4 25
0.10×
Q3 25
0.10×
Q2 25
0.11×
Q1 25
0.11×
Q4 24
0.11×
Q3 24
0.11×
Q2 24
0.12×
Q1 24
0.12×

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
FUSB
FUSB
Operating Cash FlowLast quarter
$-2.9M
$12.3M
Free Cash FlowOCF − Capex
$-3.0M
$9.1M
FCF MarginFCF / Revenue
-25.1%
87.2%
Capex IntensityCapex / Revenue
0.9%
31.1%
Cash ConversionOCF / Net Profit
-32.04×
5.79×
TTM Free Cash FlowTrailing 4 quarters
$-2.8M
$16.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSPI
CSPI
FUSB
FUSB
Q4 25
$-2.9M
$12.3M
Q3 25
$1.9M
$4.2M
Q2 25
$-3.3M
$3.9M
Q1 25
$1.9M
$1.8M
Q4 24
$1.7M
$7.8M
Q3 24
$-1.5M
$1.9M
Q2 24
$2.4M
$2.5M
Q1 24
$1.7M
$825.0K
Free Cash Flow
CSPI
CSPI
FUSB
FUSB
Q4 25
$-3.0M
$9.1M
Q3 25
$1.7M
$3.6M
Q2 25
$-3.3M
$1.6M
Q1 25
$1.9M
$1.7M
Q4 24
$1.7M
$5.7M
Q3 24
$-1.5M
$1.3M
Q2 24
$2.4M
$2.3M
Q1 24
$1.6M
$-142.0K
FCF Margin
CSPI
CSPI
FUSB
FUSB
Q4 25
-25.1%
87.2%
Q3 25
11.5%
34.2%
Q2 25
-21.7%
16.0%
Q1 25
14.5%
17.2%
Q4 24
10.8%
58.2%
Q3 24
-11.7%
12.7%
Q2 24
17.9%
23.5%
Q1 24
11.9%
-1.4%
Capex Intensity
CSPI
CSPI
FUSB
FUSB
Q4 25
0.9%
31.1%
Q3 25
1.6%
5.9%
Q2 25
0.4%
21.8%
Q1 25
0.1%
0.7%
Q4 24
0.3%
21.6%
Q3 24
0.1%
6.6%
Q2 24
0.3%
2.0%
Q1 24
0.1%
9.8%
Cash Conversion
CSPI
CSPI
FUSB
FUSB
Q4 25
-32.04×
5.79×
Q3 25
2.18×
Q2 25
25.16×
Q1 25
0.99×
Q4 24
3.69×
4.53×
Q3 24
0.87×
Q2 24
1.20×
Q1 24
1.04×
0.39×

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%

FUSB
FUSB

Segment breakdown not available.

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