AI-extracted from the 10-K filed 2026-09-11 — FY2026 (year ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Net income doubled to $2.8M on platform revenue growth of +9.8% ($20.8M), offset by transaction revenue decline of -8.7% ($27.5M), with total revenue down 1.5% to $48.3M.
Biggest Revenue Drivers
Transactions$27.5M-8.7% YoY
Decreased primarily due to lower paid order volume.
Platforms$20.8M+9.8% YoY
Increased due to additional deployments to new and existing customers and expansion from existing customers, including cross-sell revenue of Scite into Article Galaxy customers.
Biggest Revenue Drivers
Total revenue: $48.3M-1.5% YoY
Transactions$27.5M-8.7% YoY
Decreased primarily due to lower paid order volume.
Platforms$20.8M+9.8% YoY
Increased due to additional deployments to new and existing customers and expansion from existing customers, including cross-sell revenue of Scite into Article Galaxy customers.
Largest Expense Items
Sales and marketing$6.4M+19.4% YoY
Increased primarily due to greater personnel costs and consulting expenses, partially offset by lower marketing discretionary spend and training.
Technology and product development$6.1M+8.7% YoY
Increased due to greater software development consulting and dues/subscription expenses.
General and administrative$6.7M-15.3% YoY
Decreased primarily due to lower personnel costs and lower consulting, investor relations, travel, recruiting and bad debt expenses.
Stock-based compensation$929K-46.1% YoY
Lower amortization of restricted stock and stock option awards in fiscal 2026 vs. prior year.
Margins: Gross margin improved 260 basis points to 51.9% from 49.3%, driven by lower transaction cost of revenue (down 8.3% year-over-year) partially offset by higher copyright margins on remaining paid orders.
Watch Items from the Filing
Approximately 46% of content cost derived from three largest suppliers; loss of any would significantly reduce service attractiveness and revenue.
Transactions revenue declined 8.7% YoY to $27.5M; order volume weakness must be monitored for trend reversal.
Contingent earnout liability for Scite acquisition reduced from $14.0M (June 2025) to $7.3M (June 2026) after $4.95M in payments; remaining liability of $7.3M payable through May 2027.
No customers exceed 10% of revenue; no supplier concentration risk in accounts receivable; diversified customer base reduces concentration risk.
Accumulated deficit stands at $22.2M at June 30, 2026; company achieved profitability ($2.8M net income) in fiscal 2026 after $1.3M in fiscal 2025.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Officers, directors and 10% owners with a Form 4 filed in the last 24 months, most recent first. From SEC EDGAR.
Cohen SeftonChief Revenue OfficerDisposition to issuer · Jul 31, 2026
Kutil DavidCFO & SecretaryShares withheld for tax or exercise price · Dec 19, 2025
About Research Solutions, Inc. (RSSS): stock profile, AI score and financials
Research Solutions, Inc. (RSSS) stock profile, AI quality score, and SEC EDGAR financial data, a Industrials sector company. 13F Pro's AI-powered ranking engine scores RSSS at 45.6/100 on a composite quality score built from its SEC filings, placing it at rank #1,884 of 2,925 stocks — the bottom half of the AI-ranked universe. Areas of concern include revenue scale (8.8) and institutional flow (14.2), which score below median versus the broader universe. Shareholder dilution risk is elevated at 29.1/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q4 2026), Research Solutions, Inc. reports quarterly revenue of $12.1M, net income of $665.6K, an operating margin of 7.0%. Top institutional holders of RSSS by reported 13-F value include NEEDHAM INVESTMENT MANAGEMENT, PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. RSSS trades on the Nasdaq exchange and files with the SEC under CIK 1386301. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate RSSS daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Research Solutions, Inc. directly from SEC EDGAR.