TSS, Inc. (TSSI) Stock Price & How to Invest
Short answer
You can invest in TSS, Inc. (TSSI) by buying shares or fractional shares at any major broker, through an ETF that holds it, or as one holding in a thematic basket. TSS is a small-cap IT-services company that integrates and deploys data-center systems, and it has become an AI-data-center beneficiary by assembling and testing AI and GPU server racks for a major hardware OEM. The thesis is exposure to the physical buildout of AI infrastructure through rack-integration services rather than chips or cloud. The biggest risk is extreme customer concentration: a single OEM has driven roughly 99% of recent revenue, and the business mixes high-margin integration work with lumpy, low-margin equipment procurement at small overall scale.
TSSI stock price
As of 2026-06-26, TSS, Inc. (TSSI) last closed at $11.32, down 62.6% over the past year. Over the past 52 weeks it has traded between $6.92 and $30.25.
Prices are daily closing prices from Yahoo Finance and may be delayed. For the live quote, check your broker or TSS, Inc.'s investor relations page. Walnut is informational, not investment advice.
What does TSS, Inc. (TSSI) do?
TSS, Inc. (Nasdaq: TSSI) is a data-center services company that integrates, configures, tests, and deploys high-performance computing and AI infrastructure for the world's leading technology providers. It reports three segments. Systems integration assembles and burns-in racks of servers (increasingly AI and GPU systems) at its facilities before they ship to end customers, and is the highest-margin, fastest-growing part of the business. Procurement buys and resells hardware and software on behalf of customers, which adds large but low-margin, lumpy revenue. Facilities management provides ongoing maintenance and monitoring services for data-center operators, a smaller recurring base. The company manages and deploys billions of dollars of technology each year, much of it tied to one large US-based IT OEM.
What's driving TSS, Inc. (TSSI)?
AI rack-integration demand.
TSS's systems-integration revenue grew sharply on AI-enabled rack work for its largest OEM customer, with systems-integration revenue up roughly 88% year over year in the most recent quarter. The company has said it expects to roughly double AI rack-integration volumes as that partner expands its AI infrastructure activity, making integration the strategic growth engine even as total revenue can fall when low-margin procurement normalizes.
Capacity expansion.
TSS brought a new roughly 213,000-square-foot integration facility in Georgetown, Texas online in 2025, equipped for AI rack integration with substantial electrical-power capacity. The added floor space and power are meant to absorb higher GPU-rack volumes, supported by a long-term agreement that was extended in late 2025 and a term loan funding the buildout.
Recurring facilities and services.
Beyond project-based integration, TSS runs a facilities-management segment that provides ongoing maintenance and monitoring for data-center operators. It is small relative to integration and procurement, but it is the most recurring and predictable revenue line and gives TSS a longer relationship with data-center customers.
Margin mix shift.
Management has emphasized shifting the revenue mix toward higher-margin integration and away from pass-through procurement. The company guided full-year 2026 adjusted EBITDA toward the high end of a roughly $20 to $22 million range, framing profitability rather than headline revenue as the metric that reflects the AI-integration ramp.
What are the risks to TSS, Inc. (TSSI)?
Customer concentration is the dominant risk: a single US-based IT OEM has accounted for roughly 99% of recent quarterly revenue and the large majority of receivables, so any change in that relationship or in the customer's AI order timing would hit results directly. A large share of revenue is low-margin procurement, which is lumpy and can fall sharply quarter to quarter even when integration grows, making total revenue volatile. TSS is a small-cap with limited scale, a leveraged balance sheet from facility investment, and thin liquidity, so the stock can move violently on single data points.
How is TSS, Inc. (TSSI) valued? (approximate, Q1 2026 (quarter ended March 31, 2026))
A simple financial snapshot. These are approximations and refresh quarterly; for current figures see TSS, Inc.'s investor relations page or your broker.
- FY2025 revenue: ~$246 million, up ~66% year over year
- FY2025 net income: ~$15.1 million; FY2025 adjusted EBITDA ~$18.6 million
- Q1 2026 revenue: ~$55.3 million, down from ~$99 million a year earlier as procurement normalized
- Q1 2026 systems integration: ~$14.1 million, up ~88% year over year on AI rack work
- P/E (trailing): ~21x to 23x depending on source and date
- Market cap: ~$300 million to $330 million (small-cap)
TSS's headline revenue can be misleading because a large slice is low-margin procurement that is reported gross and swings quarter to quarter; the most recent quarter's total revenue fell year over year even as the high-margin integration segment grew sharply. Management points investors toward adjusted EBITDA, guided toward the high end of a roughly $20 to $22 million range for full-year 2026. All figures are approximate, tied to the asOf date, and refresh each quarter; verify against TSS investor relations or your broker before relying on them.
Who competes with TSS, Inc. (TSSI)?
IT systems integrators and resellers
Larger IT-services firms and value-added resellers also configure, integrate, and deploy data-center hardware. Companies in this space compete on scale, OEM relationships, and the ability to handle high-value equipment, an area where TSS differentiates through a deep, long-term tie to one major OEM rather than breadth.
ODMs and contract manufacturers
Original design manufacturers and contract assemblers that build and rack servers for hyperscalers and OEMs overlap with parts of TSS's integration work. These are far larger, vertically integrated players, and the OEMs TSS serves can in principle insource integration, which is part of the concentration risk.
Data-center facilities and deployment services
Firms providing data-center build, maintenance, and on-site deployment services compete with TSS's facilities-management segment. This is a fragmented services market where local presence, certifications, and uptime reliability matter more than scale.
How to invest in TSS, Inc. (TSSI)
There are three common ways to get TSSI exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic basket, so TSSI sits alongside other stocks that express the same thesis.
Walnut takes the basket route. Describe a thesis where TSSI fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.
The bottom line on TSS, Inc. (TSSI)
If you believe the AI data-center buildout needs a physical-layer partner to integrate, configure, test, and deploy racks of GPU servers at scale, and that TSS can keep winning and expanding that work with its largest OEM customer, then TSSI is a small-cap, asset-light way to express that. It behaves like a volatile microcap whose results swing with one customer's order timing and procurement mix rather than a steady compounder, so the position carries concentration and execution risk that is unusual even among AI names. The descriptive takeaway is that TSSI is a leveraged, narrow bet on AI rack-integration demand, not a diversified infrastructure holding.
More on TSS, Inc. (TSSI)
Whether TSSI is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is TSSI a buy?, and where the stock could go from here in the TSSI stock forecast.
For income investors, whether TSSI pays a dividend and how the payout looks is covered in does TSSI pay a dividend?
Build a basket around TSSI with Walnut
Use TSS, Inc. as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.
FAQ
Is TSSI a good stock to buy right now?
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That depends on your own goals and risk tolerance, and this page does not make recommendations. The bull case is that TSS rides surging AI rack-integration demand from a major OEM as it expands a high-margin services line. The bear case is that roughly 99% of revenue comes from one customer, much of the revenue is lumpy low-margin procurement, and it is a volatile small-cap. Both can be true at once.
What does TSS Inc do?
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TSS, Inc. is a data-center services company. It integrates, configures, tests, and deploys racks of computing and AI infrastructure for major technology providers (systems integration), buys and resells hardware and software for customers (procurement), and maintains and monitors data-center facilities (facilities management). Increasingly its growth comes from assembling AI and GPU server racks before they ship to end users.
How does TSSI benefit from AI?
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AI data centers require large volumes of GPU server racks to be assembled, cabled, configured, burned-in, and shipped. TSS does that physical integration work for a major OEM customer building AI infrastructure. Its systems-integration revenue rose roughly 88% year over year recently on AI rack work, and management expects to expand that volume as its partner scales AI deployments.
Does TSSI pay a dividend?
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TSS has not been known as a dividend payer; as a small-cap growth-oriented company it has reinvested cash into capacity, such as its Georgetown, Texas integration facility, and used debt to fund expansion rather than returning cash to shareholders. Dividend policies can change, so confirm the current payout, if any, on your broker or TSS investor relations before relying on it.
Who is TSSI's biggest customer?
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TSS's results are dominated by one large US-based IT OEM, which has accounted for roughly 99% of recent quarterly revenue and most receivables. Reporting and commentary have widely associated this customer with a major server vendor whose AI rack programs TSS integrates. This single-customer reliance is the company's most important risk factor to understand.
Why did TSSI revenue fall even though AI integration is growing?
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TSS reports a large amount of low-margin procurement revenue on a gross basis, and that line is lumpy. In the most recent quarter procurement normalized sharply lower, pulling total revenue down from roughly $99 million to about $55 million year over year, even as the higher-margin systems-integration segment grew about 88%. Headline revenue and underlying integration growth can move in opposite directions.
What is TSSI's market cap and is it a small-cap?
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TSS is a small-cap stock, with a market capitalization in roughly the $300 million to $330 million range depending on the date. Small-caps like this tend to have thinner trading liquidity and larger price swings than large established companies, and TSSI's single-customer concentration adds to that volatility. Figures move with the share price, so check a current quote.
How can I add TSSI to a thematic AI basket?
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On Walnut you can hold TSSI as one constituent inside a thematic basket alongside other AI-infrastructure names, set a target weight, and place real orders through a connected broker toward those weights. Because TSSI is a concentrated, volatile small-cap, many investors size such a position deliberately small within a broader basket. This is descriptive information, not advice.
Walnut is informational, not investment advice. Financial figures on this page are approximations; always verify current numbers with TSS, Inc.'s investor relations page or your broker before making investment decisions.