Research Solutions, Inc.
RSSS Nasdaq Services-Business Services, Nec Financials FY2017โFY2026
Last close ยท Oct 23, 2026
$1.96
2.5%What Research Solutions, Inc. does
No business description yet.
- Legal name
- Research Solutions, Inc.
- Fiscal year ends
- June 30, 2026
- Latest annual report
- 10-K ยท Sep 11, 2026
- Accession ยท CIK
- 0001104659-26-107044
0001386301
Revenue and margins
Research Solutions, Inc. had $48.3M of revenue in fiscal 2026, down 1.5% on the year before.
Net income and earnings per share
Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was $5.2M in fiscal 2026, 10.8% of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
Research Solutions, Inc. returned $0.1M to shareholders in fiscal 2026, 1% of free cash flow. The diluted share count rose 2.4%.
Balance sheet
Cash, debt and the ratios that show how comfortably Research Solutions, Inc. can carry it.
| Fiscal year end | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash and short-term investments | $10.6M | $13.5M | $6.1M | $12.2M | $12.6M |
| Current ratio | 1.4x | 1.5x | 0.8x | 0.8x | 0.8x |
| Quick ratio | 1.4x | 1.5x | 0.8x | 0.8x | 0.8x |
| Total assets | $17.0M | $21.8M | $41.9M | $46.1M | $45.7M |
| Total liabilities | $12.1M | $14.5M | $30.2M | $32.2M | $25.0M |
| Shareholders' equity | $4.9M | $7.3M | $11.7M | $13.9M | $20.7M |
| Net debt (โ = net cash) | โ | โ | โ | โ | โ |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. โPlanโ marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
โ
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8โ9 is strong, 0โ2 weak.
| Test | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Cash from operations is positive | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Return on assets rose | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Cash from operations exceeds net income | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Debt fell relative to assets | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Current ratio rose | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Share count didn't rise | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Gross margin rose | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Revenue rose relative to assets | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| F-score | โ / 3 | 4 / 8 | 4 / 8 | 5 / 8 | 4 / 8 | 3 / 8 | 6 / 8 | 4 / 8 | 5 / 8 | 6 / 8 |
| Accruals ratio | โ14.8% | โ9.5% | โ15.1% | โ24.4% | โ13.6% | โ7.2% | โ14.5% | โ23.0% | โ13.1% | โ5.3% |
| Altman Z'' | โ3.59 | โ5.15 | โ4.99 | โ2.42 | โ1.66 | โ2.78 | โ0.72 | โ2.26 | โ1.74 | โ0.80 |
10 years of figures
Amounts in USD. Hover a ratioโs name for its definition.
| Fiscal year | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $25.7M | $28.0M | $28.8M | $31.1M | $31.8M | $32.9M | $37.7M | $44.6M | $49.1M | $48.3M |
| Net interest income | โ$0.0M | โ$0.0M | $0.0M | โ | โ | โ | โ | โ | โ | โ |
| Gross profit | $6.1M | $7.3M | $8.3M | $9.6M | $10.3M | $12.0M | $14.7M | $19.6M | $24.2M | $25.1M |
| Research and development | โ | โ | โ | โ | โ | โ | โ | $2.4M | $2.5M | $3.1M |
| Operating income | โ$3.1M | โ$2.0M | โ$1.3M | โ$0.9M | โ$0.3M | โ$1.6M | $0.2M | โ$0.8M | $2.5M | $3.6M |
| Interest expense | $0.0M | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Pretax income | โ$3.1M | โ$1.9M | โ$1.1M | โ$0.8M | โ$0.3M | โ$1.6M | $0.6M | โ$3.7M | $1.3M | $3.0M |
| Income tax | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.1M | $0.1M | $0.1M |
| Net income | โ$2.3M | โ$1.7M | โ$1.0M | โ$0.7M | โ$0.3M | โ$1.6M | $0.6M | โ$3.8M | $1.3M | $2.8M |
| Net income to common | โ | โ | โ | โ | โ | โ | โ | โ$3.8M | $1.3M | $2.8M |
| Diluted EPS | โ$0.10 | โ$0.07 | โ$0.04 | โ$0.03 | โ$0.01 | โ$0.06 | $0.02 | โ$0.13 | $0.04 | $0.09 |
| Diluted shares | 0.02B | 0.02B | 0.02B | 0.02B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B |
| Cash flow | ||||||||||
| Cash from operations | โ$0.4M | โ$0.6M | $0.6M | $2.4M | $1.9M | โ$0.4M | $3.4M | $3.6M | $7.0M | $5.3M |
| Capital expenditure | $0.1M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.1M | $0.0M | $0.0M |
| Free cash flow | โ$0.5M | โ$0.6M | $0.6M | $2.4M | $1.8M | โ$0.5M | $3.3M | $3.5M | $7.0M | $5.2M |
| Depreciation and amortization | $0.1M | $0.2M | $0.0M | $0.0M | $0.0M | $0.0M | $0.1M | $0.8M | $1.2M | $1.3M |
| Stock-based compensation | โ | โ | โ | โ | โ | โ | โ | $2.2M | $1.7M | โ |
| Share buybacks | $0.2M | $0.2M | $0.2M | $0.3M | $0.2M | $0.1M | $0.1M | $0.6M | $0.9M | $0.1M |
| Dividends and buybacks | $0.2M | $0.2M | $0.2M | $0.3M | $0.2M | $0.1M | $0.1M | $0.6M | $0.9M | $0.1M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $5.8M | $4.9M | $5.4M | $9.3M | $11.0M | $10.6M | $13.5M | $6.1M | $12.2M | $12.6M |
| Current assets | $12.0M | $9.6M | $10.2M | $14.7M | $16.9M | $17.0M | $21.3M | $14.7M | $20.0M | $20.7M |
| Current liabilities | $7.9M | $6.5M | $7.3M | $10.0M | $11.5M | $12.1M | $14.5M | $17.9M | $25.5M | $24.9M |
| Property and equipment, net | $0.1M | $0.1M | $0.0M | $0.0M | $0.0M | $0.0M | $0.1M | $0.1M | $0.1M | $0.1M |
| Goodwill | โ | โ | โ | โ | โ | โ | $0.0M | $16.3M | $16.4M | $16.4M |
| Intangible assets | $0.0M | $0.0M | โ | โ | โ | $0.0M | $0.5M | $10.8M | $9.7M | $8.5M |
| Total assets | $12.6M | $10.0M | $10.4M | $14.8M | $16.9M | $17.0M | $21.8M | $41.9M | $46.1M | $45.7M |
| Total liabilities | $8.2M | $6.7M | $7.4M | $10.0M | $11.5M | $12.1M | $14.5M | $30.2M | $32.2M | $25.0M |
| Preferred stock | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | โ |
| Shareholders' equity | $4.3M | $3.3M | $3.0M | $4.9M | $5.4M | $4.9M | $7.3M | $11.7M | $13.9M | $20.7M |
| Margins | ||||||||||
| Gross margin | 23.7% | 26.2% | 29.0% | 31.0% | 32.4% | 36.5% | 39.0% | 44.0% | 49.3% | 51.9% |
| Operating margin | โ12.0% | โ7.0% | โ4.4% | โ2.7% | โ0.9% | โ5.0% | 0.6% | โ1.7% | 5.1% | 7.4% |
| EBITDA margin | โ11.5% | โ6.4% | โ4.2% | โ2.7% | โ0.9% | โ4.9% | 0.8% | 0.1% | 7.6% | 10.0% |
| Net margin | โ8.9% | โ6.0% | โ3.3% | โ2.1% | โ0.9% | โ5.0% | 1.5% | โ8.5% | 2.6% | 5.8% |
| FCF margin | โ1.9% | โ2.3% | 1.9% | 7.8% | 5.8% | โ1.4% | 8.8% | 7.8% | 14.3% | 10.8% |
| Net interest share of revenue | โ0.0% | โ0.0% | 0.0% | โ | โ | โ | โ | โ | โ | โ |
| Returns | ||||||||||
| Return on capital employed | โ66.0% | โ55.9% | โ40.3% | โ17.5% | โ5.2% | โ33.4% | 3.3% | โ3.2% | 12.1% | 17.3% |
| Return on equity | โ52.8% | โ44.0% | โ30.4% | โ16.8% | โ5.5% | โ31.7% | 9.4% | โ39.8% | 9.9% | 16.3% |
| Return on assets | โ18.3% | โ14.9% | โ9.4% | โ5.3% | โ1.8% | โ9.6% | 2.9% | โ11.9% | 2.9% | 6.1% |
| Return on tangible equity | โ53.3% | โ51.2% | โ31.7% | โ13.6% | โ5.3% | โ33.4% | 8.3% | โ | โ | โ |
| Growth | ||||||||||
| Revenue growth | โ | 8.8% | 2.8% | 7.9% | 2.2% | 3.7% | 14.5% | 18.4% | 9.9% | โ1.5% |
| Net income growth | โ | โ | โ | โ | โ | โ | โ | โ762.5% | โ | 123.0% |
| EPS growth | โ | โ | โ | โ | โ | โ | โ | โ750.0% | โ | 125.0% |
| FCF growth | โ | โ | โ | 331.4% | โ23.6% | โ125.0% | โ | 4.3% | 101.3% | โ25.3% |
| Share count change | โ | 1.0% | 1.5% | 4.0% | 5.0% | 1.6% | 10.3% | โ0.9% | 9.1% | 2.4% |
| Financial health | ||||||||||
| Interest coverage | โ257.1x | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Current ratio | 1.5x | 1.5x | 1.4x | 1.5x | 1.5x | 1.4x | 1.5x | 0.8x | 0.8x | 0.8x |
| Quick ratio | 1.5x | 1.5x | 1.4x | 1.5x | 1.5x | 1.4x | 1.5x | 0.8x | 0.8x | 0.8x |
| Capital allocation | ||||||||||
| Capex / revenue | 0.2% | 0.1% | 0.1% | 0.0% | 0.1% | 0.1% | 0.1% | 0.2% | 0.0% | 0.1% |
| Stock comp / revenue | โ | โ | โ | โ | โ | โ | โ | 4.8% | 3.5% | โ |
| Payouts / FCF | โ | โ | 35.7% | 13.3% | 9.6% | โ | 3.1% | 15.9% | 13.3% | 1.0% |
| Quality scores | ||||||||||
| Piotroski F-score | โ | 4.0 | 4.0 | 5.0 | 4.0 | 3.0 | 6.0 | 4.0 | 5.0 | 6.0 |
| Altman Z'' | โ3.6 | โ5.2 | โ5.0 | โ2.4 | โ1.7 | โ2.8 | โ0.7 | โ2.3 | โ1.7 | โ0.8 |
| Accruals ratio | โ14.8% | โ9.5% | โ15.1% | โ24.4% | โ13.6% | โ7.2% | โ14.5% | โ23.0% | โ13.1% | โ5.3% |
Source: SEC EDGAR XBRL filings (CIK 0001386301). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only โ not investment advice. Check the original filings before relying on any figure.
