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Side-by-side financial comparison of CSP INC (CSPI) and GENCOR INDUSTRIES INC (GENC). Click either name above to swap in a different company.
GENCOR INDUSTRIES INC is the larger business by last-quarter revenue ($23.6M vs $12.0M, roughly 2.0× CSP INC). GENCOR INDUSTRIES INC runs the higher net margin — 14.6% vs 0.8%, a 13.8% gap on every dollar of revenue. On growth, CSP INC posted the faster year-over-year revenue change (-23.2% vs -25.0%). GENCOR INDUSTRIES INC produced more free cash flow last quarter ($10.1M vs $-3.0M). Over the past eight quarters, CSP INC's revenue compounded faster (-6.3% CAGR vs -23.9%).
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.
Gencor Industries Inc is a leading manufacturer of heavy construction and infrastructure equipment, specializing in asphalt production plants, thermal combustion systems, and supporting road-building machinery. It primarily serves North American and global construction markets, supplying products to both public sector infrastructure projects and private commercial construction operators.
CSPI vs GENC — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $12.0M | $23.6M |
| Net Profit | $91.0K | $3.4M |
| Gross Margin | 39.3% | 28.7% |
| Operating Margin | -0.9% | 13.2% |
| Net Margin | 0.8% | 14.6% |
| Revenue YoY | -23.2% | -25.0% |
| Net Profit YoY | -80.7% | -9.8% |
| EPS (diluted) | $0.01 | $0.23 |
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 | $23.6M | ||
| Q3 25 | $14.5M | $18.8M | ||
| Q2 25 | $15.4M | $27.0M | ||
| Q1 25 | $13.1M | $38.2M | ||
| Q4 24 | $15.7M | $31.4M | ||
| Q3 24 | $13.0M | $20.9M | ||
| Q2 24 | $13.1M | $25.6M | ||
| Q1 24 | $13.7M | $40.7M |
| Q4 25 | $91.0K | $3.4M | ||
| Q3 25 | $-191.0K | $1.9M | ||
| Q2 25 | $-264.0K | $3.8M | ||
| Q1 25 | $-108.0K | $6.1M | ||
| Q4 24 | $472.0K | $3.8M | ||
| Q3 24 | $-1.7M | $1.5M | ||
| Q2 24 | $-185.0K | $2.6M | ||
| Q1 24 | $1.6M | $6.2M |
| Q4 25 | 39.3% | 28.7% | ||
| Q3 25 | 36.6% | 24.2% | ||
| Q2 25 | 28.8% | 26.5% | ||
| Q1 25 | 32.0% | 29.7% | ||
| Q4 24 | 29.1% | 27.6% | ||
| Q3 24 | 28.4% | 25.6% | ||
| Q2 24 | 35.0% | 23.9% | ||
| Q1 24 | 47.3% | 30.3% |
| Q4 25 | -0.9% | 13.2% | ||
| Q3 25 | -3.7% | -1.2% | ||
| Q2 25 | -7.9% | 11.6% | ||
| Q1 25 | -7.6% | 17.0% | ||
| Q4 24 | -2.3% | 14.7% | ||
| Q3 24 | -15.7% | 5.9% | ||
| Q2 24 | -5.5% | 7.8% | ||
| Q1 24 | 9.0% | 17.4% |
| Q4 25 | 0.8% | 14.6% | ||
| Q3 25 | -1.3% | 10.2% | ||
| Q2 25 | -1.7% | 14.2% | ||
| Q1 25 | -0.8% | 16.0% | ||
| Q4 24 | 3.0% | 12.1% | ||
| Q3 24 | -12.7% | 6.9% | ||
| Q2 24 | -1.4% | 10.0% | ||
| Q1 24 | 11.6% | 15.3% |
| Q4 25 | $0.01 | $0.23 | ||
| Q3 25 | $-0.02 | $0.13 | ||
| Q2 25 | $-0.03 | $0.26 | ||
| Q1 25 | $-0.01 | $0.42 | ||
| Q4 24 | $0.05 | $0.26 | ||
| Q3 24 | $-0.17 | $0.10 | ||
| Q2 24 | $-0.02 | $0.17 | ||
| Q1 24 | $0.16 | $0.42 |
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 | $147.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $44.8M | $215.2M |
| Total Assets | $69.2M | $228.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.9M | $147.7M | ||
| Q3 25 | $27.4M | $136.3M | ||
| Q2 25 | $26.3M | $136.0M | ||
| Q1 25 | $29.5M | $143.7M | ||
| Q4 24 | $30.7M | $130.1M | ||
| Q3 24 | $30.6M | $115.4M | ||
| Q2 24 | $28.9M | $116.6M | ||
| Q1 24 | $27.1M | $117.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $44.8M | $215.2M | ||
| Q3 25 | $44.6M | $211.8M | ||
| Q2 25 | $47.5M | $209.9M | ||
| Q1 25 | $47.5M | $206.1M | ||
| Q4 24 | $47.5M | $200.0M | ||
| Q3 24 | $47.3M | $196.1M | ||
| Q2 24 | $48.1M | $194.7M | ||
| Q1 24 | $48.2M | $192.1M |
| Q4 25 | $69.2M | $228.9M | ||
| Q3 25 | $71.2M | $222.6M | ||
| Q2 25 | $66.8M | $220.2M | ||
| Q1 25 | $67.1M | $223.9M | ||
| Q4 24 | $67.5M | $218.2M | ||
| Q3 24 | $69.4M | $208.1M | ||
| Q2 24 | $66.8M | $201.8M | ||
| Q1 24 | $64.2M | $206.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $11.1M |
| Free Cash FlowOCF − Capex | $-3.0M | $10.1M |
| FCF MarginFCF / Revenue | -25.1% | 43.0% |
| Capex IntensityCapex / Revenue | 0.9% | 4.1% |
| Cash ConversionOCF / Net Profit | -32.04× | 3.23× |
| TTM Free Cash FlowTrailing 4 quarters | $-2.8M | $-3.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-2.9M | $11.1M | ||
| Q3 25 | $1.9M | $-275.0K | ||
| Q2 25 | $-3.3M | $-23.9M | ||
| Q1 25 | $1.9M | $12.4M | ||
| Q4 24 | $1.7M | $14.8M | ||
| Q3 24 | $-1.5M | $-3.2M | ||
| Q2 24 | $2.4M | $-1.0M | ||
| Q1 24 | $1.7M | $11.7M |
| Q4 25 | $-3.0M | $10.1M | ||
| Q3 25 | $1.7M | $-1.3M | ||
| Q2 25 | $-3.3M | $-24.4M | ||
| Q1 25 | $1.9M | $12.3M | ||
| Q4 24 | $1.7M | $14.5M | ||
| Q3 24 | $-1.5M | $-3.3M | ||
| Q2 24 | $2.4M | $-1.4M | ||
| Q1 24 | $1.6M | $11.7M |
| Q4 25 | -25.1% | 43.0% | ||
| Q3 25 | 11.5% | -6.8% | ||
| Q2 25 | -21.7% | -90.4% | ||
| Q1 25 | 14.5% | 32.2% | ||
| Q4 24 | 10.8% | 46.1% | ||
| Q3 24 | -11.7% | -15.8% | ||
| Q2 24 | 17.9% | -5.6% | ||
| Q1 24 | 11.9% | 28.7% |
| Q4 25 | 0.9% | 4.1% | ||
| Q3 25 | 1.6% | 5.4% | ||
| Q2 25 | 0.4% | 1.8% | ||
| Q1 25 | 0.1% | 0.4% | ||
| Q4 24 | 0.3% | 1.0% | ||
| Q3 24 | 0.1% | 0.4% | ||
| Q2 24 | 0.3% | 1.5% | ||
| Q1 24 | 0.1% | 0.0% |
| Q4 25 | -32.04× | 3.23× | ||
| Q3 25 | — | -0.14× | ||
| Q2 25 | — | -6.24× | ||
| Q1 25 | — | 2.04× | ||
| Q4 24 | 3.69× | 3.88× | ||
| Q3 24 | — | -2.22× | ||
| Q2 24 | — | -0.41× | ||
| Q1 24 | 1.04× | 1.87× |
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% |
GENC
Segment breakdown not available.
