CCSIMEDIUM SIGNALFINANCIAL10-K

CCSI demonstrated improved liquidity with substantially higher current assets and reduced current liabilities while maintaining steady operational cash generation.

The company's balance sheet strengthened notably during the period, with current assets growing substantially while current liabilities declined meaningfully, creating a much more favorable working capital position. This improved liquidity profile provides greater financial flexibility for the business, though the customer base declined from approximately 800 thousand to 703 thousand customers, indicating some operational headwinds.

Comparing 2026-02-13 vs 2025-02-20View on EDGAR →
FINANCIAL ANALYSIS

CCSI's financial position improved markedly, with current assets substantially higher at $117.2M compared to $74.5M in the prior year, while current liabilities declined to $65.5M from $79.3M. Operating cash flow grew modestly to $136.1M from $121.7M, demonstrating consistent cash generation capabilities. The overall picture signals a company that has strengthened its near-term liquidity position while maintaining solid operational cash flows, though total assets grew more modestly at 10.2%.

FINANCIAL STATEMENT CHANGES
Current Assets
Balance Sheet
+57.2%
$74.5M$117.2M

Current assets grew 57.2% — improving short-term liquidity or inventory/receivables build.

Current Liabilities
Balance Sheet
-17.4%
$79.3M$65.5M

Current liabilities reduced — improved short-term financial position and working capital health.

Operating Cash Flow
Cash Flow
+11.8%
$121.7M$136.1M

Operating cash flow grew 11.8% — strong conversion of earnings to cash, healthy business fundamentals.

Total Assets
Balance Sheet
+10.2%
$602.2M$663.8M

Asset base grew 10.2% — expansion through organic growth, acquisitions, or capital deployment.

LANGUAGE CHANGES
NEW — 2026-02-13
PRIOR — 2025-02-20
ADDED
As of February 9, 2026, the registrant had 18,868,935 shares of common stock outstanding.
Business Overview Consensus Cloud Solutions, Inc., together with its subsidiaries ( Consensus Cloud Solutions , Consensus , the Company , our , us or we ), is a provider of secure information delivery services.
With our most prominent brand eFax established over twenty-five years ago, Consensus has now evolved the service platform from pure cloud Fax to efficient and secure information exchange featuring solutions for data extraction, comprehension and transformation, facilitating interoperability and process improvement.
Consensus is committed to security and compliance in data exchange, and our scalable Software-as-a-Service ( SaaS ) platform is particularly attractive to regulated industries like healthcare and healthcare technology, public sector, financial services, law, and education.
We offer local phone numbers in 46 countries and/or territories, servicing approximately 703 thousand customers ranging from small businesses to large enterprises and the federal government.
Each customer cohort has unique needs and engagement preferences, and our go-to-market and customer service offerings are adapted across this continuum to serve each appropriately.
Our top 10 customers represent approximately $33 million or 9% of total revenues.
Over the past decade, Consensus has increasingly focused on larger commercial customers ( Corporate ) and public sector customers.
This shift occurred as enterprise data communication moved toward digitization and cloud-based solutions.
Sales to these customers are made through e-commerce and direct interaction with a salesperson, and often involve specific pricing, multiple line subscriptions, API connections, and/or commercial grade security.
REMOVED
As of February 14, 2025, the registrant had 19,525,597 shares of common stock outstanding.
Business Overview Consensus Cloud Solutions, Inc., together with its subsidiaries ( Consensus Cloud Solutions , Consensus , the Company , our , us or we ), is a provider of secure information delivery services with a scalable Software-as-a-Service ( SaaS ) platform.
Consensus serves approximately 800 thousand customers of all sizes, from enterprises to individuals, across approximately 46 countries and multiple industry verticals including healthcare, government, financial services, law and education.
Our top 10 customers represent approximately $28 million or 8% of total revenues.
Beginning as an online fax company over two decades ago, Consensus has evolved into a leading global provider of enterprise secure communication solutions.
Our communication, extraction and digital signature solutions enable our customers to securely and cooperatively access, exchange and use information across organizational, regional and national boundaries.
Our mission is to democratize secure information interchange across technologies and industries and provide healthcare interoperability solutions.
Substantially all of Consensus revenue is recurring in nature and is generated either via fixed subscription plans or usage-based contracts.
Over the past decade, Consensus has progressively shifted focus towards larger commercial customers ( Corporate ).
As enterprise data communication shifted toward digitization and cloud-based solutions, Consensus entered industry verticals such as healthcare, government, financial services, law and education.
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