| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 0.42 | 91.8% | 92.8% |
| Total Income | 0.42 | 91.8% | 92.8% |
| Expenditure | 1.52 | 74.4% | 73.9% |
| PBT | -0.91 | 24.7% | 858.3% |
| Net Profit | 16.78 | 2398.6% | 13883.3% |
| OPM | — | ||
| NPM | 100.00% | 114.22pp | 97.89pp |
| EPS | 2.30 | 2400.0% | 11400.0% |
DTST Reports Q3 2025 Results Following CloudFirst Sale
04 May 2026 · 4 May, 7:05 am
Summary
Data Storage Corporation reported its Q3 2025 results, highlighting the completion of the CloudFirst subsidiary sale. This transaction is expected to unlock shareholder value and refocus the company on high-growth areas such as AI and cybersecurity. Sales for the quarter increased to $416,956, and net income attributable to common stockholders reached $16,778,276. The company intends to leverage its financial strength and market position to pursue opportunities aligned with its core competencies.
Key Highlights
- 1
Data Storage Corporation completed the sale of its CloudFirst subsidiary.
- 2
The CloudFirst sale unlocked significant shareholder value and provided a solid financial foundation.
- 3
The company is repositioning to focus on high-growth AI, cybersecurity, and infrastructure markets.
- 4
Sales increased to $416,956 for the three months ended September 30, 2025, compared to $325,299 in 2024.
- 5
Net income attributable to common stockholders was $16,778,276 for the three months ended September 30, 2025, compared to $122,397 in 2024.
- 6
For the nine months ended September 30, 2025, sales were $1,057,651 compared to $899,135 in 2024.
- 7
Net income attributable to common stockholders for the nine months ended September 30, 2025, was $16,069,305 compared to $235,259 in 2024.
Management Comments
Chuck Piluso
This quarter represents a defining period for Data Storage Corporation as we completed the sale of our CloudFirst subsidiary and repositioned the Company for its next phase of disciplined growth. The CloudFirst sale was a transformative milestone that unlocked significant shareholder value and provided us with a solid financial foundation for the future. It allows us to simplify our structure, sharpen our focus, and redeploy capital toward initiatives that offer higher returns and long-term sustainability. With this transaction behind us, we are executing from a position of strength. We now have the flexibility to strategically invest in high-growth areas where we believe we can build durable competitive advantages, including, but not limited to, GPU Infrastructure-as-a-Service (IaaS), AI-driven software applications, cybersecurity, and voice/data telecommunications. Our priority is to remain disciplined—both operationally and financially. We are committed to creating lasting value through prudent capital allocation, sound execution, and thoughtful innovation. Our Nexxis subsidiary continues to perform well, and we believe it provides a stable, recurring revenue base that supports our broader strategic objectives. Looking forward, we intend to leverage our expertise, financial strength, and market position to identify opportunities that align with our core competencies and aim to build upon our history in data and communications infrastructure to deliver sustainable results and long-term shareholder value.
Informational and educational content only. Not investment advice.