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CSGS

CSG Systems International, Inc.

CSGS

CSG Systems International, Inc. • NASDAQ
$78.77 ▲ 0.34% (+0.27)
Market Cap $2.19 B
52w High $79.20
52w Low $49.23
Dividend Yield 1.26%
P/E 26.79
Volume 202.71K
Outstanding Shares 27.81M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $303.615M ▲ $105.73M ▼ $20.483M ▲ 6.746% ▲ $0.74 ▲ $52.499M ▲
Q2-2025 $297.128M ▼ $117.131M ▲ $12.267M ▼ 4.129% ▼ $0.44 ▼ $43.314M ▼
Q1-2025 $299.453M ▼ $115.572M ▼ $16.13M ▼ 5.386% ▼ $0.58 ▼ $45.866M ▼
Q4-2024 $316.652M ▲ $120.161M ▲ $34.468M ▲ 10.885% ▲ $1.23 ▲ $68.616M ▲
Q3-2024 $295.143M $113.834M $19.088M 6.467% $0.67 $50.192M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $158.385M ▲ $1.474B ▲ $1.184B ▲ $289.496M ▼
Q2-2025 $145.875M ▲ $1.421B ▲ $1.131B ▼ $290.721M ▲
Q1-2025 $136.024M ▼ $1.419B ▼ $1.136B ▼ $283.095M ▲
Q4-2024 $161.789M ▲ $1.501B ▲ $1.218B ▲ $282.569M ▼
Q3-2024 $118.444M $1.387B $1.099B $288.411M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $20.483M ▼ $47.943M ▲ $-3.827M ▼ $16.035M ▲ $57.889M ▲ $43.941M ▲
Q2-2025 $27.593M ▲ $37.326M ▲ $-2.751M ▲ $-47.651M ▲ $-8.189M ▲ $34.575M ▲
Q1-2025 $16.13M ▼ $11.469M ▼ $-4.249M ▲ $-104.46M ▼ $-94.752M ▼ $7.068M ▼
Q4-2024 $34.468M ▲ $82.504M ▲ $-5.893M ▲ $76.608M ▲ $145.777M ▲ $76.611M ▲
Q3-2024 $19.088M $39.459M $-7.455M $-18.708M $15.397M $32.004M

Revenue by Products

Product Q3-2024Q4-2024Q1-2025Q2-2025
License and Service
License and Service
 $20.00M ▲$40.00M ▲$20.00M ▼$20.00M ▲
Maintenance
Maintenance
 $10.00M ▲$20.00M ▲$10.00M ▼$10.00M ▲
Software as a Service and Related Solutions
Software as a Service and Related Solutions
 $260.00M ▲$540.00M ▲$270.00M ▼$270.00M ▲

Five-Year Company Overview

Income Statement

Income Statement CSG’s income statement shows a business that has grown steadily and become more profitable over the past five years. Revenue has climbed at a measured but consistent pace, and gross profit has risen alongside it, suggesting the core products and services are in demand and pricing has generally held up. Operating income has stayed fairly stable in relation to sales, indicating disciplined cost control and a relatively predictable operating structure. Net income and earnings per share have improved more noticeably in the last couple of years, pointing to better efficiency and possibly some financial optimization. The main takeaway: slow‑and‑steady growth with gradually strengthening profitability, rather than explosive expansion.

Balance Sheet

Balance Sheet The balance sheet looks adequate but not especially conservative. Total assets have edged up over time, reflecting ongoing investment in the business. Cash levels have been reasonably steady, which provides some flexibility but not an unusually large safety cushion. Debt has crept higher relative to shareholders’ equity, leaving the company more leveraged than it was a few years ago. Equity itself has drifted down from earlier peaks, likely due to a mix of shareholder returns and accounting charges. Overall, CSG appears financially sound, but with a thinner equity base and more reliance on borrowing than a very conservatively financed software company.

Cash Flow

Cash Flow Cash flow is one of CSG’s stronger points. The company has repeatedly turned its accounting profits into real cash, with operating cash flow positive in every year shown and generally trending upward, despite a weaker patch in the middle of the period. Capital spending needs are modest for a software business, so free cash flow has remained consistently positive, giving management room to fund R&D, pay down debt, and return capital to shareholders. The pattern suggests a mature, cash‑generative business rather than a cash‑hungry high‑growth story, though it still needs to maintain performance to comfortably cover its higher debt load.

Competitive Edge

Competitive Edge CSG occupies a defensible niche in billing, customer management, and digital monetization, especially for telecom and communications providers. Its systems are deeply embedded in critical processes like billing and customer care, which creates high switching costs and makes customers think twice before changing vendors. Long‑standing relationships and multi‑year contracts with major operators add stability and predictability. The company’s cloud‑based platforms and focus on the full customer lifecycle help differentiate it from more fragmented competitors. On the risk side, CSG operates in a crowded field with large, capable rivals, and it is still heavily tied to telecom budgets, which can be cyclical and concentrated among a limited number of big clients.

Innovation and R&D

Innovation and R&D Innovation is a central part of CSG’s strategy. The company has moved decisively toward cloud‑native platforms, using modular architectures that let customers launch new services quickly. It is weaving AI and machine learning into its tools to improve customer experience, reduce churn, detect fraud, and personalize interactions at scale. Flagship platforms like Ascendon and Xponent aim to give clients a unified, data‑driven view of their customers and revenue streams, which is a meaningful differentiator in complex digital businesses. The planned acquisition by NEC should expand CSG’s R&D resources and global reach, but also introduces execution risk: integrating technologies, cultures, and roadmaps can be challenging, and the benefits will take time to validate.

Summary

CSG looks like a mature, steady grower with improving profitability and solid cash generation, supported by sticky customer relationships and mission‑critical software in a specialized niche. Its financials point to a business that is not flashy but reliably profitable, with consistent free cash flow offset by a more leveraged balance sheet and shrinking equity cushion. Competitively, CSG benefits from high switching costs, deep industry know‑how, and integrated, cloud‑based platforms, but it faces intense competition and dependence on large telecom clients. The upcoming transition into NEC’s ownership could be a major turning point: it offers scale and broader market access, yet adds integration and strategic uncertainty. Overall, CSG combines durable customer ties and innovation with moderate financial leverage and execution risks that will be important to watch in the next few years.

NEWS

November 14, 2025 · 8:30 AM UTC

CSG Systems International Approves Quarterly Dividend

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November 5, 2025 · 4:01 PM UTC

CSG Systems International Reports Third Quarter 2025 Results

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October 30, 2025 · 7:45 AM UTC

CORRECTING and REPLACING CSG Systems International Cancels its Upcoming Q3 2025 Earnings Presentation due to NEC Acquisition Announcement

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October 29, 2025 · 7:14 PM UTC

CSG Systems Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of CSG Systems International, Inc. - CSGS

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October 29, 2025 · 5:30 PM UTC

SHAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of CSG Systems International, Inc. (NASDAQ: CSGS)

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