Research Solutions Reports Q4 Earnings with Mixed Revenue and Stronger Margins
Research Solutions (NASDAQ:RSSS) reported fiscal fourth-quarter revenue of $12.1 million, a slight decline from the prior year's $12.4 million due to lower transaction revenue despite growth in platform subscriptions. For the full fiscal year ended June 30, 2026, total revenue fell slightly to $48.3 million but net income and adjusted EBITDA increased to $2.8 million and $5.8 million respectively. The company highlighted strong performance from its recurring platform business with annual recurring revenue (ARR) rising by 7.8% year-over-year to $22.5 million, driven primarily by a 14.1% increase in B2B ARR. AI-related ARR reached $800,000 in Q4 and is expected to be an ongoing growth driver as the company integrates new AI-agent features. Gross margin improved significantly during fiscal 2026 due to higher-margin platform revenue contributing more than half of total sales. The fourth-quarter gross margin hit a record high at 53%, with full-year gross profit increasing by 3.6% despite lower overall revenue.
Tickers: $RSSS
Topics: ai_products ebitda net_income platform_growth revenue