10-Q · May 15, 2026
Data Storage Corporation's Q1 2026 results showed a decline in revenue to $346,707, missing expectations of $400,000. Despite a year-over-year revenue growth of 10.9% in its Nexxis segment, the company recorded a loss…
Earnings analysis · 10-Q
DTST earnings analysis
Filed August 14, 2026 · Our reading of the company's report
The latest report
Data Storage Corporation reported quarterly revenue of $358,530 and diluted EPS of negative $0.52, with the loss indicating continued operating pressure despite sequential revenue growth from $346,707. Liquidity was…
Read full summary
Data Storage Corporation reported quarterly revenue of $358,530 and diluted EPS of negative $0.52, with the loss indicating continued operating pressure despite sequential revenue growth from $346,707. Liquidity was substantial at June 30, 2026, including $1,270,691 of cash and $9,008,914 of marketable securities, and management reported remediation of the previously identified control weakness. However, the six-month net loss of $1,856,787, prior restatement involving a $2,461,663 warrant liability, and absence of quantitative guidance remain material concerns.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $-0.52
What stood out
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Revenue Increased Sequentially
Revenue was $358,530 for the quarter, up from $346,707 in the prior quarter, while diluted EPS was a loss of $0.52.
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Strong Liquidity Position
The company reported cash of $1,270,691, marketable securities of $9,008,914, and working capital of $10,261,306 as of June 30, 2026.
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Disclosure Controls Effective
Management concluded that disclosure controls were effective at the reasonable-assurance level as of June 30, 2026.
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Prior Control Weakness Remediated
Management stated that the previously identified material weakness had been remediated after implementing enhanced reviews, specialized transaction expertise, disclosure checklists, and related monitoring during 2026.
What to watch
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Persistent Unprofitability
The company reported a net loss attributable to common stockholders of $1,856,787 for the six months ended June 30, 2026, and cautioned that it may not continue to generate income or achieve significant profitability.
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Restatement and Control Risk
A prior control weakness resulted in an incorrectly recorded $2,461,663 warrant liability associated with the CloudFirst divestiture; the company restated certain previously reported financial statements in its 2025 Annual Report.
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Losses Could Pressure Liquidity
Liquidity remains dependent on cash and securities while the company incurs losses: at June 30, 2026, cash was $1,270,691 and marketable securities were $9,008,914 against a six-month net loss of $1,856,787.
Management's outlook
No quantitative revenue or EPS outlook was provided in the 10-Q; numeric outlook was deferred to the earnings press release/call, if any.
Earlier filings 4
10-K · April 14, 2026
Data Storage Corporation completed the sale of its CloudFirst business for $38,068,463 (net proceeds ≈ $31.6 million) and used roughly $29.25 million of cash to repurchase 5,625,129 shares at $5.20 per share, leaving…
10-Q · November 14, 2023
Data Storage Corporation reported Q3 revenue of $5,986,625, up from $4,419,285 a year earlier, and swung to operating income of $14,141 versus an operating loss of $(223,224) in Q3 2022. Net income was $157,738 (net…
10-Q · August 14, 2023
Data Storage Corp reported Q2 2023 revenue of $5,904,391, up from $4,827,749 in Q2 2022, producing gross profit of $2,578,754 and turning operating income positive at $106,744. The company delivered net income…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.