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Side-by-side financial comparison of CSP INC (CSPI) and i-80 Gold Corp. (IAUX). Click either name above to swap in a different company.
i-80 Gold Corp. is the larger business by last-quarter revenue ($21.3M vs $12.0M, roughly 1.8× CSP INC). CSP INC runs the higher net margin — 0.8% vs -401.9%, a 402.6% gap on every dollar of revenue. CSP INC produced more free cash flow last quarter ($-3.0M vs $-39.2M).
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.
i-80 Gold Corp is a mineral exploration and development firm focused on gold and silver asset operations in Nevada, US. It advances high-potential mining projects, using responsible extraction practices to deliver precious metals to global industrial and investment markets.
CSPI vs IAUX — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $12.0M | $21.3M |
| Net Profit | $91.0K | $-85.6M |
| Gross Margin | 39.3% | 22.0% |
| Operating Margin | -0.9% | -291.6% |
| Net Margin | 0.8% | -401.9% |
| Revenue YoY | -23.2% | — |
| Net Profit YoY | -80.7% | — |
| EPS (diluted) | $0.01 | $-0.10 |
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 | $21.3M | ||
| Q3 25 | $14.5M | $32.0M | ||
| Q2 25 | $15.4M | $27.8M | ||
| Q1 25 | $13.1M | $14.0M | ||
| Q4 24 | $15.7M | — | ||
| Q3 24 | $13.0M | $11.5M | ||
| Q2 24 | $13.1M | $7.2M | ||
| Q1 24 | $13.7M | — |
| Q4 25 | $91.0K | $-85.6M | ||
| Q3 25 | $-191.0K | $-41.9M | ||
| Q2 25 | $-264.0K | $-30.2M | ||
| Q1 25 | $-108.0K | $-41.2M | ||
| Q4 24 | $472.0K | — | ||
| Q3 24 | $-1.7M | $-43.1M | ||
| Q2 24 | $-185.0K | $-41.0M | ||
| Q1 24 | $1.6M | — |
| Q4 25 | 39.3% | 22.0% | ||
| Q3 25 | 36.6% | 9.7% | ||
| Q2 25 | 28.8% | 2.9% | ||
| Q1 25 | 32.0% | 20.7% | ||
| Q4 24 | 29.1% | — | ||
| Q3 24 | 28.4% | -42.7% | ||
| Q2 24 | 35.0% | -171.4% | ||
| Q1 24 | 47.3% | — |
| Q4 25 | -0.9% | -291.6% | ||
| Q3 25 | -3.7% | -86.7% | ||
| Q2 25 | -7.9% | -67.4% | ||
| Q1 25 | -7.6% | -112.3% | ||
| Q4 24 | -2.3% | — | ||
| Q3 24 | -15.7% | -210.0% | ||
| Q2 24 | -5.5% | -435.2% | ||
| Q1 24 | 9.0% | — |
| Q4 25 | 0.8% | -401.9% | ||
| Q3 25 | -1.3% | -130.8% | ||
| Q2 25 | -1.7% | -108.5% | ||
| Q1 25 | -0.8% | -293.3% | ||
| Q4 24 | 3.0% | — | ||
| Q3 24 | -12.7% | -374.5% | ||
| Q2 24 | -1.4% | -570.8% | ||
| Q1 24 | 11.6% | — |
| Q4 25 | $0.01 | $-0.10 | ||
| Q3 25 | $-0.02 | $-0.05 | ||
| Q2 25 | $-0.03 | $-0.05 | ||
| Q1 25 | $-0.01 | $-0.10 | ||
| Q4 24 | $0.05 | — | ||
| Q3 24 | $-0.17 | $-0.11 | ||
| Q2 24 | $-0.02 | $-0.11 | ||
| Q1 24 | $0.16 | — |
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 | $63.2M |
| Total DebtLower is stronger | — | $174.7M |
| Stockholders' EquityBook value | $44.8M | $346.8M |
| Total Assets | $69.2M | $703.4M |
| Debt / EquityLower = less leverage | — | 0.50× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.9M | $63.2M | ||
| Q3 25 | $27.4M | $102.9M | ||
| Q2 25 | $26.3M | $133.7M | ||
| Q1 25 | $29.5M | $13.5M | ||
| Q4 24 | $30.7M | — | ||
| Q3 24 | $30.6M | $21.8M | ||
| Q2 24 | $28.9M | $47.8M | ||
| Q1 24 | $27.1M | — |
| Q4 25 | — | $174.7M | ||
| Q3 25 | — | $175.9M | ||
| Q2 25 | — | $175.8M | ||
| Q1 25 | — | $197.5M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $44.8M | $346.8M | ||
| Q3 25 | $44.6M | $423.0M | ||
| Q2 25 | $47.5M | $463.5M | ||
| Q1 25 | $47.5M | $318.0M | ||
| Q4 24 | $47.5M | — | ||
| Q3 24 | $47.3M | $346.9M | ||
| Q2 24 | $48.1M | $377.2M | ||
| Q1 24 | $48.2M | — |
| Q4 25 | $69.2M | $703.4M | ||
| Q3 25 | $71.2M | $756.2M | ||
| Q2 25 | $66.8M | $782.9M | ||
| Q1 25 | $67.1M | $659.0M | ||
| Q4 24 | $67.5M | — | ||
| Q3 24 | $69.4M | — | ||
| Q2 24 | $66.8M | — | ||
| Q1 24 | $64.2M | — |
| Q4 25 | — | 0.50× | ||
| Q3 25 | — | 0.42× | ||
| Q2 25 | — | 0.38× | ||
| Q1 25 | — | 0.62× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| 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 | $-34.3M |
| Free Cash FlowOCF − Capex | $-3.0M | $-39.2M |
| FCF MarginFCF / Revenue | -25.1% | -184.3% |
| Capex IntensityCapex / Revenue | 0.9% | 23.1% |
| Cash ConversionOCF / Net Profit | -32.04× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-2.8M | $-93.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-2.9M | $-34.3M | ||
| Q3 25 | $1.9M | $-15.2M | ||
| Q2 25 | $-3.3M | $-11.3M | ||
| Q1 25 | $1.9M | $-22.7M | ||
| Q4 24 | $1.7M | — | ||
| Q3 24 | $-1.5M | $-23.5M | ||
| Q2 24 | $2.4M | $-24.6M | ||
| Q1 24 | $1.7M | — |
| Q4 25 | $-3.0M | $-39.2M | ||
| Q3 25 | $1.7M | $-18.5M | ||
| Q2 25 | $-3.3M | $-12.4M | ||
| Q1 25 | $1.9M | $-23.1M | ||
| Q4 24 | $1.7M | — | ||
| Q3 24 | $-1.5M | $-23.8M | ||
| Q2 24 | $2.4M | $-25.1M | ||
| Q1 24 | $1.6M | — |
| Q4 25 | -25.1% | -184.3% | ||
| Q3 25 | 11.5% | -57.8% | ||
| Q2 25 | -21.7% | -44.7% | ||
| Q1 25 | 14.5% | -164.1% | ||
| Q4 24 | 10.8% | — | ||
| Q3 24 | -11.7% | -206.7% | ||
| Q2 24 | 17.9% | -349.1% | ||
| Q1 24 | 11.9% | — |
| Q4 25 | 0.9% | 23.1% | ||
| Q3 25 | 1.6% | 10.2% | ||
| Q2 25 | 0.4% | 3.9% | ||
| Q1 25 | 0.1% | 2.5% | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 0.1% | 2.5% | ||
| Q2 24 | 0.3% | 7.3% | ||
| Q1 24 | 0.1% | — |
| Q4 25 | -32.04× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.69× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.04× | — |
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% |
IAUX
| Granite Creek Mining Company | $20.3M | 95% |
| Ruby Hill Mining Company LLC | $991.0K | 5% |
| Lone Tree Minning Company | $3.0K | 0% |
