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RESEARCH SOLUTIONS, INC.

CIK: 1386301 SIC: 7389
$49.20M
Revenue
$3.87M
Net Income
50.83%
Gross Margin
7.04%
Op. Margin
$10.56M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 12 of 12 annual reports available (2013 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Jun 30, 2025)
FY 2024
(Jun 30, 2024)
FY 2023
(Jun 30, 2023)
FY 2022
(Jun 30, 2022)
FY 2021
(Jun 30, 2021)
FY 2020
(Jun 30, 2020)
FY 2019
(Jun 30, 2019)
FY 2018
(Jun 30, 2018)
FY 2017
(Jun 30, 2017)
FY 2015
(Jun 30, 2015)
FY 2014
(Jun 30, 2014)
FY 2013
(Jun 30, 2013)
+ Total Revenue $49.20M $49.06M $44.62M $37.70M $32.93M $31.76M $31.06M $28.79M $28.02M $25.75M $31.90M $36.55M $45.50M
Revenue Growth % 0.3% 9.9% 18.4% 14.5% 3.7% 2.2% 7.9% 2.8% 8.8% -19.3% -12.7% -19.7% nan%
Cost of Revenue $24.19M $24.86M $24.98M $23.00M $20.91M $21.47M $21.42M $20.45M $20.67M $19.64M $25.72M $28.20M $35.95M
+ Gross Profit $25.01M $24.20M $19.64M $14.70M $12.02M $10.29M $9.64M $8.34M $7.35M $6.10M $6.18M $8.35M $9.55M
Gross Margin % 50.8% 49.3% 44.0% 39.0% 36.5% 32.4% 31.0% 29.0% 26.2% 23.7% 19.4% 22.8% 21.0%
Operating Expenses $21.55M $21.69M $20.41M $14.46M $13.65M $10.57M $10.49M $9.60M $9.30M $9.19M $6.67M $10.13M $9.19M
Selling General & Admin $20.29M $20.45M $19.57M $14.41M $13.63M $10.56M $10.47M $9.56M $9.15M $9.06M $6.50M $9.62M $8.84M
+ Operating Income $3.46M $2.50M $-769.54K $238.61K $-1.63M $-283.03K $-851.89K $-1.25M $-1.95M $-3.08M $-494.45K $-1.78M $363.69K
Operating Margin % 7.0% 5.1% -1.7% 0.6% -5.0% -0.9% -2.7% -4.4% -7.0% -12.0% -1.5% -4.9% 0.8%
Interest Expense - - - - - - - - $4.00K $12.00K $18.06K $55.92K $89.41K
Other Income/Expense $400.13K $595.68K $333.09K $338.62K $7.15K $1.15K $80.04K $107.31K $58.18K $23.86K $1.22K $-15.56K $-84.02K
Income Before Tax $3.92M $1.35M $-3.67M $577.23K $-1.62M $-281.88K $-771.85K $-1.15M $-1.90M $-3.07M $-511.29K $-1.85M $190.25K
Income Tax Expense $51.49K $82.81K $113.07K $5.60K $7.62K $3.20K $7.84K $27.04K $39.78K $35.49K $30.89K $16.10K $-1.67K
+ Net Income $3.87M $1.27M $-3.79M $571.62K $-1.63M $-285.09K $-662.24K $-959.96K $-1.68M $-2.29M $774.22K $-1.87M $191.92K
Net Margin % 7.9% 2.6% -8.5% 1.5% -5.0% -0.9% -2.1% -3.3% -6.0% -8.9% 2.4% -5.1% 0.4%
Basic EPS 0.13 0.04 -0.13 0.02 -0.06 nan nan nan nan nan 0.04 -0.11 0.01
Diluted EPS 0.13 0.04 -0.13 0.02 -0.06 nan nan nan nan nan 0.04 -0.11 0.01
Basic Shares Outstanding 31.6M 30.7M 28.9M 26.9M 26.4M - - - - - 17.4M 17.2M 17.1M
Diluted Shares Outstanding 32.3M 31.5M 28.9M 29.1M 26.4M - - - - - 18.0M 17.2M 17.3M
Breakdown FY 2025
(Jun 30, 2025)
FY 2024
(Jun 30, 2024)
FY 2023
(Jun 30, 2023)
FY 2022
(Jun 30, 2022)
FY 2021
(Jun 30, 2021)
FY 2020
(Jun 30, 2020)
FY 2019
(Jun 30, 2019)
FY 2018
(Jun 30, 2018)
FY 2017
(Jun 30, 2017)
FY 2015
(Jun 30, 2015)
FY 2014
(Jun 30, 2014)
FY 2013
(Jun 30, 2013)
Cash & Cash Equivalents $12.23M $6.10M $13.55M $10.60M $11.00M $9.31M $5.35M $4.91M $5.77M $1.35M $2.08M $1.70M
Accounts Receivable $7.19M $6.88M $6.15M $5.25M $4.72M $4.45M $4.49M $4.25M $5.47M $4.89M $4.74M $4.97M
Inventory - - - - - - - - - - $192.25K $171.68K
Other Current Assets $580.26K $643.55K $400.34K $276.03K $270.25K $241.75K $323.59K $326.89K $196.82K $70.19K $83.03K -
Total Current Assets $20.00M $14.69M $21.30M $16.98M $16.90M $14.72M $10.17M $9.58M $12.00M $6.69M $8.00M $7.68M
Property Plant & Equipment $60.77K $88.01K $70.19K $47.98K $20.75K $11.28K $36.83K $59.04K $85.74K $83.24K $527.37K $831.23K
Goodwill $16.37M $16.32M - - - - - - - - - -
Intangible Assets $9.69M $10.76M $462.07K - - - - - $41.87K - $55.23K $123.48K
Other Non-current Assets - - - - - $72.33K $192.25K $307.32K $417.92K - - -
Total Assets $46.12M $41.86M $21.83M $17.03M $16.92M $14.81M $10.41M $9.96M $12.56M $6.78M $9.04M $8.92M
Deferred Revenue - - - - - - - - - - $158.36K $53.22K
Other Current Liabilities - - - - - - - - - - $143.30K -
Total Current Liabilities $25.51M $17.87M $14.50M $12.14M $11.49M $9.95M $7.30M $6.47M $7.89M $5.69M $9.35M $8.11M
Total Liabilities $32.19M $30.17M $14.50M - - $9.95M $7.38M $6.68M $8.22M $5.69M $9.46M $8.61M
Common Stock $32.48K $32.30K $29.49K $27.08K $26.50K $26.03K $24.38K $24.02K $23.88K $18.24K $17.60K $16.97K
Retained Earnings $-25.04M $-26.31M $-22.52M $-23.09M $-21.46M $-21.18M $-20.51M $-19.55M $-17.88M $-15.08M $-15.86M $-13.99M
Total Stockholders Equity $13.93M $11.69M $7.33M $4.88M $5.43M $4.86M $3.03M $3.28M $4.34M $1.09M $-418.93K $314.18K
Total Liabilities & Equity $46.12M $41.86M $21.83M $17.03M $16.92M $14.81M $10.41M $9.96M $12.56M $6.78M $9.04M $8.92M
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Jun 30, 2025)
FY 2024
(Jun 30, 2024)
FY 2023
(Jun 30, 2023)
FY 2022
(Jun 30, 2022)
FY 2021
(Jun 30, 2021)
FY 2020
(Jun 30, 2020)
FY 2019
(Jun 30, 2019)
FY 2018
(Jun 30, 2018)
FY 2017
(Jun 30, 2017)
FY 2015
(Jun 30, 2015)
FY 2014
(Jun 30, 2014)
FY 2013
(Jun 30, 2013)
Net Income $2.56M $1.27M $-3.79M $571.62K $-1.63M $-285.09K $-662.24K $-959.96K $-1.68M $-2.29M $774.22K $-1.87M $191.92K
Depreciation & Amortization $2.19M $1.25M $836.27K $52.65K $17.65K $11.52K $23.65K $38.82K $152.40K $133.69K $174.82K $507.68K $617.90K
Stock-based Compensation - - - - - - - - - - $488.44K $247.38K -
Deferred Income Tax - - - - - - - - - - - - -
Change in Receivables $-1.48M $341.43K $344.02K $901.52K $534.09K $268.19K $-43.91K $241.92K $-1.21M $-296.56K $894.95K $-225.04K $-1.13M
Change in Inventory - - - - - - - - - - - $20.56K $-191.96K
Operating Cash Flow $10.62M $7.02M $3.55M $3.38M $-417.20K $1.87M $2.42M $576.45K $-605.31K $-436.84K $-331.89K $310.70K $-95.84K
Capital Expenditure $61.36K $19.26K $71.51K $47.21K $44.29K $19.85K - $15.83K $29.28K $59.59K $67.56K $190.27K $101.03K
Investing Cash Flow $-61.36K $-19.26K $-10.10M $-344.66K $-44.29K $-19.85K - $-15.83K $-86.74K $361.35K $-95.22K $-101.18K $451.02K
Stock Issued - - - - - - - - - - - - -
Stock Repurchased $997.51K $934.58K $554.20K $104.25K $93.92K $178.01K $321.60K $200.02K $152.74K $199.33K $51.70K - -
Financing Cash Flow $-4.68M $-877.88K $-905.85K $-97.26K $63.27K $-159.97K $1.55M $-100.02K $-152.74K $-199.33K $-119.22K $260.74K $-1.79M
Net Change in Cash $5.89M $6.13M $-7.45M $2.94M $-401.16K $1.69M $3.96M $444.91K $-865.77K $-302.93K $-530.51K $375.96K $-1.45M
SEC Filing Format - Data shown as it appears in the Q2 2026 (10-Q) filing Period ended: Dec 31, 2025
Condensed Consolidated Statements of Operations
Description Dec 31, 2025 Dec 31, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $11.79M $11.91M $24.10M $23.96M
Cost of Revenue $5.62M $6.09M $11.70M $12.37M
Gross Profit $6.18M $5.82M $12.40M $11.59M
Operating Expenses $5.44M $5.73M $10.70M $10.85M
Selling General & Admin $5.12M $5.42M $10.07M $10.23M
Operating Income $739.35K $92.85K $1.70M $739.54K
Other Income/Expense $95.06K $349.00K $221.98K $417.52K
Income Before Tax $555.78K $-1.97M $1.33M $-1.25M
Income Tax Expense $8.86K $15.19K $30.09K $61.41K
Net Income $546.92K $-1.98M $1.30M $-1.31M
Basic EPS 0.02 -0.07 0.04 -0.04
Diluted EPS 0.02 -0.07 0.04 -0.04
Condensed Consolidated Balance Sheets
Description Dec 31, 2025 Jun 30, 2025
Cash & Cash Equivalents $12.26M $12.23M
Accounts Receivable $5.66M $7.19M
Other Current Assets $708.08K $580.26K
Total Current Assets $18.67M $20.00M
Property Plant & Equipment $65.24K $60.77K
Goodwill $16.37M $16.37M
Intangible Assets $9.13M $9.69M
Total Assets $44.24M $46.12M
Total Current Liabilities $23.61M $25.51M
Total Liabilities $27.02M $32.19M
Common Stock $32.88K $32.48K
Retained Earnings $-23.75M $-25.04M
Total Stockholders Equity $17.23M $13.93M
Total Liabilities & Equity $44.24M $46.12M
Condensed Consolidated Statements of Cash Flows
Description Dec 31, 2025 Dec 31, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $546.92K $-1.98M $1.30M $-1.31M
Depreciation & Amortization $316.43K $306.23K $632.49K $618.33K
Change in Receivables - - $-1.53M $266.25K
Operating Cash Flow - - $2.49M $1.87M
Capital Expenditure - - $24.56K $5.40K
Investing Cash Flow - - $-24.56K $-5.40K
Stock Repurchased - - $39.55K $205.28K
Financing Cash Flow - - $-2.44M $-267.84K
Net Change in Cash - - $35.47K $1.60M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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