Pason Systems (PSI) Releases Q1 2026 Earnings: Revenue Down, EPS and Cash Flow Fall Despite Higher Operating Profit

By: Quiver EarningsTracker

Posted: 1 day, 15 hours ago / May 7, 2026 11:05 p.m. UTC

PSI

Pason Systems Inc. (PSI) reported first-quarter 2026 results with mixed trends across revenue, profitability, cash flow, and the balance sheet.

Total revenue: $73.7 million (down 6.3% year-over-year).

Gross profit: $73.7 million (up 92.6% year-over-year).

Cost of sales: $42.7 million (up 5.7% year-over-year).

Operating profit: $12.1 million (up 26.8% year-over-year).

Net income attributable to common shareholders: $9.4 million (down 32.5% year-over-year).

Per-share and cash-flow highlights:

Diluted earnings per share: $0.12 (down 52.0% year-over-year).

Cash from operating activities: $15.1 million (down 45.7% year-over-year).

Purchases of property, plant and equipment: $8.6 million (down 21.7% year-over-year).

Balance sheet snapshot:

Cash and cash equivalents: $52.4 million (down 10.7% year-over-year).

Total liabilities: $88.6 million (up 6.8% year-over-year).

In summary, Pason Systems (PSI) saw revenue decline while several profitability measures improved, but net income, per-share earnings and operating cash flow weakened, and the company maintained modestly higher liabilities on the balance sheet.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Pason Systems Inc. Hedge Fund Activity

We have seen 77 institutional investors add shares of Pason Systems Inc. stock to their portfolio, and 62 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

MORGAN STANLEY added 275,928 shares (+114.5%) to their portfolio in Q4 2025, for an estimated $21,759,682
RAYMOND JAMES FINANCIAL INC added 99,832 shares (+103.7%) to their portfolio in Q4 2025, for an estimated $7,872,751
TREK FINANCIAL, LLC added 69,203 shares (+inf%) to their portfolio in Q4 2025, for an estimated $5,457,348
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO removed 63,240 shares (-62.4%) from their portfolio in Q1 2026, for an estimated $5,968,591
BANK OF AMERICA CORP /DE/ added 55,674 shares (+24.2%) to their portfolio in Q4 2025, for an estimated $4,390,451
HIGHTOWER ADVISORS, LLC removed 51,450 shares (-9.5%) from their portfolio in Q1 2026, for an estimated $4,855,851
ROYAL BANK OF CANADA added 42,395 shares (+46.8%) to their portfolio in Q4 2025, for an estimated $3,343,269

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.