DTST

MKT CAP:$28M

Data Storage Corporation

Market Cap

$28M

Technology·Information Technology Services·🇺🇸 United States·NASDAQ

Technology·IT Services·🇺🇸·NASDAQ

Stock Price

$4.00-$1.10 (-21.57%)

Apr 22, 2026

Company Details

Data Storage Corporation provides multi-cloud information technology solutions primarily in the United States. The company offers data protection and disaster recovery solutions; high availability, data vaulting, DRaaS, IaaS, message logic,...

CEO

Charles Piluso

IPO Date

Mar 14, 2012

Website

www.datastoragecorp.com

Key Metrics TTM

Revenue

$26M

+109.7% YoY

Net Income

-$596.1K

EPS (Diluted)

-$0.08

Free Cash Flow

-$2M

Revenue / Share

$3.69

Gross Margin

40.8%

Operating Margin

-4.0%

Net Margin

-2.3%

FCF Margin

-6.7%

P/S

1.1x

P/E

—

Earnings Reports

Q2 2025

Aug 14, 2025

$5M+4.8%EPS -$0.10

Q1 2025

May 15, 2025

$8M-1.8%EPS $0.00

Q2 2024

Aug 14, 2024

$5MEPS -$0.04

Q1 2024

May 15, 2024

$8MEPS $0.05

FY 2023

Mar 28, 2024

$25MEPS $0.05

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 15	$1M	$365.7K	-$68.5K
Q1 16	$984.6K	$368.3K	-$69.8K
Q2 16	$1M	$382.6K	-$120.8K
Q3 16	$922.9K	$276.6K	-$113.1K
Q4 16	$1M	$229.9K	-$296.8K
Q1 17	$2M	$999.9K	$394.8K
Q2 17	$2M	$811.3K	$67.2K
Q3 17	$2M	$809.9K	$68.4K
Q4 23	$6M	$3M	-$248.3K
Q1 24	$8M	$3M	$213.8K
Q2 24	$5M	$2M	-$388.8K
Q1 25	$8M	$3M	-$92.5K
Q2 25	$5M	$3M	-$795.7K

Valuation

Quarter	P/S	P/E
Q4 15	—	—
Q1 16	—	—
Q2 16	—	—
Q3 16	0.2x	—
Q4 16	2.3x	—
Q1 17	1.6x	—
Q2 17	2.8x	—
Q3 17	1.1x	187.5x
Q4 23	1.6x	58.0x
Q1 24	2.1x	113.9x
Q2 24	2.3x	672.0x
Q1 25	0.9x	418.8x
Q2 25	0.9x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 15	$66.0K	$66.0K
Q1 16	$72.1K	$72.1K
Q2 16	$41.4K	$41.4K
Q3 16	$95.1K	$95.1K
Q4 16	-$151.4K	-$126.1K
Q1 17	$72.2K	$72.2K
Q2 17	$312.1K	$312.1K
Q3 17	$177.6K	$177.6K
Q4 23	$2M	$1M
Q1 24	-$318.6K	-$677.3K
Q2 24	$673.4K	$129.5K
Q1 25	-$1M	-$1M
Q2 25	$372.3K	-$39.0K

Capital Expenditures

Quarter	CapEx
Q4 15	$0
Q1 16	$0
Q2 16	$0
Q3 16	$0
Q4 16	$25.3K
Q1 17	$0
Q2 17	$0
Q3 17	$0
Q4 23	$298.0K
Q1 24	$358.6K
Q2 24	$543.9K
Q1 25	$67.5K
Q2 25	$411.3K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 16	+46.9%	+65.2%
Q1 17	+136.0%	+83.0%
Q2 17	+101.8%	+74.2%
Q3 17	+120.6%	+89.9%
Q4 23	+320.2%	+263.8%
Q1 24	+254.4%	+315.8%
Q2 24	+142.2%	+170.4%
Q1 25	+297.0%	+315.5%
Q2 25	-16.8%	-7.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 15	$52.6K	5.2%
Q1 16	$12.1K	1.2%
Q2 16	$12.1K	1.2%
Q3 16	$12.1K	1.3%
Q4 16	$12.1K	0.8%
Q1 17	$3.1K	0.1%
Q2 17	$3.1K	0.2%
Q3 17	$3.1K	0.2%
Q4 23	$168.1K	2.7%
Q1 24	$171.3K	2.1%
Q2 24	$207.8K	4.2%
Q1 25	$226.3K	2.8%
Q2 25	$412.6K	8.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q4 15	—	—	—	$434.2K
Q1 16	—	—	—	$438.1K
Q2 16	—	—	—	$503.5K
Q3 16	$23.5K	—	—	$389.7K
Q4 16	—	—	—	$596.3K
Q1 17	—	—	—	$605.1K
Q2 17	—	—	—	$744.1K
Q3 17	—	—	—	$741.5K
Q4 23	—	$4M	—	—
Q1 24	—	$2M	$646.8K	—
Q2 24	—	$2M	$249.1K	—
Q1 25	—	$2M	$541.2K	—
Q2 25	—	$3M	$308.9K	—

Revenue Segments

Quarter	Equipment and Software	Managed Services	Other	Service
Q1 24	$4M	$843.4K	$78.3K	$3M

Revenue by Geography

Quarter	International	United States
Q1 24	$110.1K	$8M
Q2 24	$128.5K	$5M
Q2 25	$215.7K	$5M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$13M	$0	$13M
Q2 22	$11M	$0	$11M
Q3 22	$11M	$0	$11M
Q4 22	$2M	$9M	$11M
Q1 23	$2M	$9M	$11M
Q2 23	$1M	$9M	$11M
Q3 23	$993.4K	$11M	$12M
Q4 23	$1M	$11M	$13M
Q1 24	$640.7K	$11M	$12M
Q2 24	$780.0K	$11M	$12M
Q3 24	$513.7K	$11M	$12M
Q4 24	$1M	$11M	$12M
Q1 25	$705.6K	$10M	$11M
Q2 25	$611.3K	$11M	$11M
Q3 25	$284.7K	$45M	$46M
Q4 25	$2M	$39M	$41M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 15	915K	—	—
Q1 16	915K	0.0%	—
Q2 16	915K	0.0%	—
Q3 16	915K	0.0%	—
Q4 16	915K	0.0%	0.0%
Q1 17	3M	+249.9%	+249.9%
Q2 17	3M	0.0%	+249.9%
Q3 17	3M	+0.1%	+250.2%
Q4 23	7M	+114.8%	+652.2%
Q1 24	7M	+5.5%	+126.8%
Q2 24	7M	-3.9%	+117.8%
Q1 25	7M	+6.2%	+131.2%
Q2 25	7M	-3.4%	+4.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 15	$501.4K	2
Q1 16	$492.3K	2
Q2 16	$502.3K	2
Q3 16	$461.5K	2
Q4 16	$736.4K	2
Q1 17	$1M	2
Q2 17	$1M	2
Q3 17	$1M	2
Q4 23	$121.3K	51
Q1 24	$161.5K	51
Q2 24	$96.3K	51
Q1 25	$152.5K	53
Q2 25	$97.1K	53

Revenue / Employee