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CSG Systems International, Inc., together with its subsidiaries, provides revenue management and digital monetization, customer experience, and payment solutions primarily to the communications industry in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Advanced Convergent Platform, a private SaaS platform; and related solutions, including service technician management, analytics, electronic bill presentment, etc. It also provides a public SaaS-based revenue management and payments platform. In addition, the company offers managed services; and professional services to implement, configure, and maintain its solutions, as well as licenses various solutions, such as mediation, partner management, rating, and charging. Further, it provides operational services, including infrastructure management comprised of hardware, application, and environmental management; application configuration management, such as configuration development, release, and deployment; and business operations management, which includes event processing, revenue management, and settlement. The company serves retail, financial services, healthcare, insurance, and government entities. CSG Systems International, Inc. was incorporated in 1994 and is headquartered in Englewood, Colorado.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.2B | $192M | $56M | $141M | 19.7% | 2.2% | -35.7% |
| 2024 | $1.2B | $215M | $87M | $113M | 30.7% | 2.4% | 31.1% |
| 2023 | $1.2B | $195M | $66M | $104M | 24.2% | 7.3% | 50.4% |
| 2022 | $1.1B | $154M | $44M | $27M | 12.4% | - | - |
| 2021 |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,089.75 | 1,169.26 | 1,197.25 | 1,223.29 |
| Operating Revenue | - | 1,089.75 | 1,169.26 | 1,197.25 | 1,223.29 |
| Cost Of Revenue | - | 565.17 | 615.04 | 614.46 | 623.57 |
| Gross Profit | - | 524.58 | 554.22 | 582.78 | 599.72 |
| Operating Expense | - | 399.53 | 414 | 438.13 | 461.15 |
| Research And Development | - | 137.91 | 143.20 | 158.19 | 161.57 |
| Selling General And Administration | - | 238.02 | 247.61 | 258.31 | 281.48 |
| Total Expenses | - | 964.70 | 1,029.04 | 1,052.59 | 1,084.72 |
| Operating Income | - | 125.06 | 140.21 | 144.66 | 138.57 |
| Total Operating Income As Reported | - | 78.75 | 123.88 | 131.33 | 118.75 |
| EBITDA | - | 154.16 | 194.78 | 215.25 | 192.11 |
| Normalized EBITDA | - | 207.93 | 211.12 | 228.57 | 212.38 |
| EBIT | - | 77.21 | 123.53 | 142.74 | 119.65 |
| Interest Income | - | 0.88 | 4.34 | 8.68 | 5.20 |
| Interest Expense | - | 16.43 | 31.18 | 30.47 | 28.95 |
| Net Interest Income | - | -15.56 | -26.84 | -21.78 | -23.75 |
| Other Non Operating Income Expenses | - | 5.04 | -4.69 | 2.72 | -3.85 |
| Other Income Expense | - | -48.72 | -21.02 | -10.60 | -24.12 |
| Interest Income Non Operating | - | 0.88 | 4.34 | 8.68 | 5.20 |
| Interest Expense Non Operating | - | 16.43 | 31.18 | 30.47 | 28.95 |
| Net Non Operating Interest Income Expense | - | -15.56 | -26.84 | -21.78 | -23.75 |
| Pretax Income | - | 60.78 | 92.35 | 112.27 | 90.70 |
| Tax Provision | - | 16.72 | 26.10 | 25.42 | 34.82 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -14.79 | -4.62 | -3.02 | -7.78 |
| Net Income Continuous Operations | - | 44.06 | 66.25 | 86.85 | 55.88 |
| Net Income From Continuing And Discontinued Operation | - | 44.06 | 66.25 | 86.85 | 55.88 |
| Net Income From Continuing Operation Net Minority Interest | - | 44.06 | 66.25 | 86.85 | 55.88 |
| Net Income | - | 44.06 | 66.25 | 86.85 | 55.88 |
| Net Income Common Stockholders | - | 44.06 | 66.25 | 86.85 | 55.88 |
| Net Income Including Noncontrolling Interests | - | 44.06 | 66.25 | 86.85 | 55.88 |
| Normalized Income | - | 83.03 | 77.96 | 97.16 | 68.37 |
| Diluted NI Availto Com Stockholders | - | 44.06 | 66.25 | 86.85 | 55.88 |
| Basic Average Shares | - | 31.03 | 29.94 | 28.34 | 27.69 |
| Diluted Average Shares | - | 31.30 | 30.12 | 28.66 | 28.22 |
| Reconciled Depreciation | - | 76.95 | 71.25 | 72.51 | 72.46 |
| Reconciled Cost Of Revenue | - | 511.82 | 566.98 | 563.58 | 569.22 |
| Total Unusual Items | - | -53.76 | -16.34 | -13.32 | -20.27 |
| Total Unusual Items Excluding Goodwill | - | -53.76 | -16.34 | -13.32 | -20.27 |
| Special Income Charges | - | -46.31 | -16.34 | -13.32 | -20.27 |
| Other Special Charges | - | - | - | - | 0.45 |
| Restructuring And Mergern Acquisition | - | 46.31 | 16.34 | 13.32 | 19.82 |
| Gain On Sale Of Security | - | -7.46 | - | - | - |
| Depreciation Amortization Depletion Income Statement | - | 23.60 | 23.19 | 21.62 | 18.11 |
| Depreciation And Amortization In Income Statement | - | 23.60 | 23.19 | 21.62 | 18.11 |
| Depreciation Income Statement | - | 23.60 | 23.19 | 21.62 | 18.11 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| CSG Systems International, Inc.this co. | CSGS | $2.3B | 41.17↑ premium | 8.11 | 19.7% | 13.98 |
| Cohu, Inc. | COHU | $2.6B | -35.49 | 3.36 | -9.5% | -283.09 |
| Digi International Inc. | DGII | $2.6B | 63.99 | 4.10 | 6.4% | 30.51 |
| Rogers Corporation | ROG | $2.6B | -42.10 | 2.18 | -5.2% | 233.34 |
| Ichor Holdings, Ltd. | ICHR | $2.5B |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 3.73 |
| -8.0% |
| - |
| Calix, Inc. | CALX | $2.4B | 136.74 | 2.85 | 2.1% | 59.89 |
| Alarm.com Holdings, Inc. | ALRM | $2.2B | 16.79 | 2.62 | 15.6% | 10.13 |
| ePlus inc. | PLUS | $2.1B | 15.95 | 1.98 | 12.4% | 9.08 |
| SPS Commerce, Inc. | SPSC | $2.1B | 22.07 | 2.11 | 9.6% | 10.85 |
| Peer Median | - | 16.79 | 2.73 | 4.2% | 10.85 | |