RSSS
Research Solutions, Inc.2.9600
+0.0900+3.14%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q2 '26
API pipeline booms; B2C conversions slip
Q&A revealed a surging API-heavy B2B pipeline driving larger deals, with management confirming 20-30% ASP potential via usage-based pricing shifts. B2C faces fiercer keyword competition and lower trial-to-paid conversions despite steady trials, while transactions expect further YoY declines from one churn despite H2 lift. API/MCP moat holds via long-tail publishers; early talks yield publisher AI rights traction and new verticals like finance. Internal AI multiplies dev productivity, early innings. Q&A largely reinforces prepared AI pivot. Pipeline dominates now.
Key Stats
Market Cap
97.28MP/E (TTM)
74.00Basic EPS (TTM)
0.04Dividend Yield
0%Recent Filings
10-Q
Q2 FY2026 results
Research Solutions posted Q2 FY2026 revenue of $11.8M, down 1.0% y/y yet flat q/q, with Platforms up 13.6% y/y to $5.2M offsetting Transactions' 10.2% y/y drop; gross margin expanded to 52.4% from 48.9% y/y on Platforms' leverage. Operating income surged to $739K from $93K y/y, driving $0.02 diluted EPS versus -$0.07 y/y—EPS reconciles to 32.3M diluted shares. Platforms now 44% of revenue, fueled by Scite cross-sells. Cash steady at $12.3M with $2.5M operating cash flow; $500K revolver available, no debt. Scite earnout payments continue quarterly through May 2027 (62% cash/38% stock). Vendor concentration persists.
8-K
ARR hits $21.8M, profit turns positive
Research Solutions reported Q2 FY2026 results on February 12, 2026, with ARR up 14% to $21.8 million amid 47 net new B2B deployments. Total revenue dipped 1% to $11.8 million as platform gains offset transaction declines, yet net income swung to $547,000 from a $2 million loss. Adjusted EBITDA rose 36% to $1.3 million. B2B momentum builds.
8-K
CFO resigns; interim named
Research Solutions' CFO William Nurthen resigned effective December 10, 2025, to pursue another opportunity, with no disagreements noted. Controller Dave Kutil, 41, steps in as Interim CFO and Secretary, his salary rising to $250,000 plus up to $50,000 bonus and 30,000 vesting restricted shares. Smooth handover expected. Continuity holds firm.
10-Q
Q1 FY2026 results
Research Solutions posted Q1 FY2026 revenue of $12.3M, up 2.2% y/y, driven by 18.3% Platforms growth to $5.1M offsetting 6.8% Transactions dip; gross margin expanded 2.7pp to 50.6% while operating income rose 48.7% to $961.7K. Platforms now power profitability, with Europe at 33.7% of sales. Cash holds at $12.0M after $1.1M operating cash flow, funding Scite earnout payments (first $2.0M mix of cash/stock in Aug 2025; $15.4M total finalized Jul 2025, 62% cash/38% stock through May 2027) yet revolver sits unused. Diluted EPS aligns at $0.02 on 32.1M shares. Steady ops cash flow endures.
8-K
Annual meeting results
Research Solutions held its annual stockholder meeting on November 12, 2025, with 75.78% of 32.8M shares present. All six directors—Cooperman, Gayron, McPeak, Murphy, Olivier, Regazzi—won election decisively, though McPeak drew heaviest withheld votes. Auditors Wipfli LLP ratified overwhelmingly; exec pay approved, favoring annual say-on-pay votes. Stockholders endorsed the slate.
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