Data Storage Corp reports record net income $19.2M; completes $40M CloudFirst sale, returns $29.3M to shareholders

Data Storage Corp

Record net income of $19.2M from discontinued ops. Continuing ops revenue $1.4M, up 13.4% YoY.
Completed $40M CloudFirst divestiture; net proceeds $31.6M, net gain $20.1M.
Returned $29.3M to shareholders via tender offer at $5.20/share, reducing shares by ~72%.
Exited 2025 debt-free with >$10M cash; Nexxis gross margin expanded to 44.4% from 43.2%.
Targeting M&A in AI-enabled SaaS, GPU infrastructure, cybersecurity; expects near-term updates.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Data Storage Corp reported the fiscal year ended December 31, 2025 results: net income $19.2 million.

Period: the fiscal year ended December 31, 2025
Net income: $19.2 million
Result: reported results

Exact text from the filing

Reports Fiscal Year 2025 Results; Completes $40 Million CloudFirst Divestiture, Returns $29.3 Million to Shareholders Via Tender Offer, and Reports Record Net Income of $19.2 Million Company enters 2026 debt-free with over $10 million in capital, Nexxis operations growing 13.4% with 44.4% gross margins, and a goal of pursuing opportunities in high-growth

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Source: SEC EDGAR

accession 0001731122-26-000562

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