CSQR
Csquare, Inc.
NYSEUSDEQUITY
Technology
DELAYED
Last price
20.33
▼ 0.03 (0.15%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
Tool
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
20.25
Prev close
20.36
Day high
20.54
Day low
19.88
Volume
438.31K
Market cap
$3.39B
P/E (TTM)
—
52W range
19.50 – 23.50
Day trading desk
Gap from prior close
-0.54%
Prior close 20.36
VWAP
20.14
+0.94% from price
Relative volume
0.43×
Quiet session
Session range
4.76%
19.73 – 20.67
Position in range
64%
Mid range
ATR (14D)
1.20
5.88% of price
Prior day high
20.67
PDH
Prior day low
19.84
PDL
Bid / ask spread
—
Quote not published
Session volume
750.17K
Avg 1.75M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-10.52%
-9.2%
1M
-5.49%
-9.2%
3M
—
-3.1%
6M
—
-11.1%
YTD
-1.64%
-13.9%
1Y
—
-20.0%
3Y
—
-74.2%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on CSQR open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
994.80K
Total on file
Fundamentals
Market cap$3.39B
Enterprise value$9.03B
Revenue (TTM)$1.06B
Gross profit$534.03M
EBITDA$424.54M
Net income$-185.84M
EPS (TTM)$-1.20
Free cash flow—
Total cash$120.84M
Total debt$5.76B
Book value / share$-3.74
Shares outstanding166.63M
Float165.64M
Short % of float2.71%
Dividend yield—
Beta (5Y)—
Valuation & profitability ratios
Trailing P/E—
Forward P/E-20.01
PEG ratio—
Price / sales—
Price / book—
EV / revenue8.51
EV / EBITDA21.26
Gross margin50.37%
Operating margin7.99%
Profit margin-17.53%
Return on equity—
Return on assets—
Debt / equity—
Current ratio1.67
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | YoY |
|---|---|---|---|---|
| Total revenue | $986.98M | $907.55M | $198.26M | +8.8% |
| Operating revenue | $986.98M | $907.55M | $198.26M | +8.8% |
| Cost of revenue | $509.25M | $516.50M | $140.06M | -1.4% |
| Gross profit | $477.73M | $391.05M | $58.20M | +22.2% |
| Selling, general & admin | $87.72M | $102.33M | $40.14M | -14.3% |
| Total operating expense | $377.35M | $431.28M | $99.44M | -12.5% |
| Operating income | $100.38M | -$40.23M | -$41.24M | +349.5% |
| Net interest income | -$241.16M | -$185.61M | -$46.17M | -29.9% |
| Pre-tax income | -$138.42M | $314.00M | -$78.66M | -144.1% |
| Tax provision | -$18.52M | -$144.54M | $1.03M | +87.2% |
| Net income | -$119.90M | $458.54M | -$79.70M | -126.1% |
| Net income to common | -$119.90M | $458.54M | -$79.70M | -126.1% |
| EBIT | $102.75M | $499.62M | -$32.49M | -79.4% |
| EBITDA | $374.66M | $759.19M | $17.93M | -50.6% |
| Line item | 2025 | 2024 | YoY |
|---|---|---|---|
| Cash & equivalents | $140.16M | $77.94M | +79.8% |
| Cash & short-term investments | $140.16M | $77.94M | +79.8% |
| Accounts receivable | $90.71M | $112.47M | -19.4% |
| Total current assets | $718.89M | $283.04M | +154.0% |
| Property, plant & equipment | $4.31B | $3.35B | +28.4% |
| Goodwill & intangibles | $977.79M | $830.22M | +17.8% |
| Total assets | $6.09B | $4.53B | +34.5% |
| Total current liabilities | $316.22M | $376.07M | -15.9% |
| Current debt | — | $25.14M | — |
| Long-term debt | $4.76B | $2.19B | +117.6% |
| Total debt | $5.63B | $3.27B | +72.4% |
| Total liabilities | $6.22B | $3.75B | +65.8% |
| Retained earnings | -$1.23B | -$320.74M | -282.1% |
| Shareholder equity | -$126.75M | $778.42M | -116.3% |
| Working capital | $402.68M | -$93.03M | +532.8% |
| Net tangible assets | -$1.10B | -$51.80M | -2,032.4% |
| Line item | 2025 | 2024 | 2023 | YoY |
|---|---|---|---|---|
| Net income | -$119.90M | $458.54M | -$79.70M | -126.1% |
| Depreciation & amortisation | $271.92M | $259.57M | $50.42M | +4.8% |
| Change in working capital | $3.44M | $48.49M | -$3.53M | -92.9% |
| Operating cash flow | $171.98M | $80.97M | -$56.26M | +112.4% |
| Capital expenditure | -$545.43M | -$867.41M | -$83.02M | +37.1% |
| Investing cash flow | -$871.52M | -$1.36B | -$184.16M | +35.8% |
| Dividends paid | -$785.00M | -$100.62M | $0 | -680.2% |
| Financing cash flow | $988.37M | $1.37B | $236.29M | -27.9% |
| Free cash flow | -$373.45M | -$786.45M | -$139.28M | +52.5% |
| End cash position | $403.42M | $120.59M | $26.88M | +234.5% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-03-31 | YoY |
|---|---|---|---|---|
| Total revenue | — | $270.46M | $232.76M | — |
| Operating revenue | — | $270.46M | $232.76M | — |
| Cost of revenue | — | $136.45M | $123.53M | — |
| Gross profit | — | $134.01M | $109.23M | — |
| Selling, general & admin | — | $25.72M | $22.93M | — |
| Total operating expense | — | $120.73M | $89.49M | — |
| Operating income | — | $13.28M | $19.75M | — |
| Net interest income | — | -$88.36M | -$54.55M | — |
| Pre-tax income | — | -$77.70M | -$40.37M | — |
| Tax provision | — | -$11.75M | -$5.46M | — |
| Net income | — | -$65.95M | -$34.91M | — |
| Net income to common | — | -$65.95M | -$34.91M | — |
| Basic EPS | -0.31 | — | — | — |
| Diluted EPS | -0.31 | — | — | — |
| EBIT | — | $10.66M | $14.18M | — |
| EBITDA | — | $95.16M | $77.91M | — |
| Basic shares | 155.02M | — | — | — |
| Diluted shares | 155.02M | — | — | — |
| Line item | 2026-03-31 | YoY |
|---|---|---|
| Cash & equivalents | $67.57M | |
| Cash & short-term investments | $67.57M | |
| Accounts receivable | $140.29M | |
| Total current assets | $685.12M | |
| Property, plant & equipment | $4.35B | |
| Goodwill & intangibles | $961.17M | |
| Total assets | $6.11B | |
| Total current liabilities | $320.81M | |
| Long-term debt | $4.84B | |
| Total debt | $5.71B | |
| Total liabilities | $6.31B | |
| Retained earnings | -$1.29B | |
| Shareholder equity | -$204.01M | |
| Working capital | $364.31M | |
| Net tangible assets | -$1.17B |
| Line item | 2026-03-31 | 2025-03-31 | YoY |
|---|---|---|---|
| Net income | -$65.95M | -$34.91M | -88.9% |
| Depreciation & amortisation | $84.50M | $63.73M | +32.6% |
| Change in working capital | -$38.55M | -$29.71M | -29.7% |
| Operating cash flow | -$18.31M | $4.13M | -543.2% |
| Capital expenditure | -$135.90M | -$37.10M | -266.3% |
| Investing cash flow | -$135.90M | -$37.10M | -266.3% |
| Dividends paid | $0 | $0 | — |
| Financing cash flow | $71.45M | $89.15M | -19.9% |
| Free cash flow | -$154.21M | -$32.97M | -367.8% |
| End cash position | $318.55M | $174.13M | +82.9% |
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
20.00
-1.6% from spot
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
20.00
30 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | -0.49 | 4 | $289.79M | — |
| Next quarter | -0.32 | 6 | $305.91M | — |
| Current year | -1.80 | 5 | $1.15B | — |
| Next year | -1.02 | 7 | $1.33B | +15.8% |
Analyst targets & ownership
Mean target$28.50
High target$46.00
Low target$24.00
Implied upside40.19%
Analyst count10
ConsensusSTRONG BUY
Strong buy / Buy3 / 6
Hold1
Sell / Strong sell0 / 0
Held by insiders0.60%
Held by institutions67.65%
Institutions holding9
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
21.77
-6.62% from price
SMA 20
21.29
-4.52% from price
SMA 50
—
—
SMA 100
—
—
SMA 200
—
—
EMA 12
21.28
-4.47% from price
EMA 26
21.21
-4.16% from price
EMA 50
—
—
RSI (14)
43.8
Neutral
MACD (12,26,9)
0.07
Hist —
ATR (14)
1.20
5.88% of price
Realised vol 30D
—
Annualised
Bollinger upper
23.26
20, 2σ
Bollinger lower
19.32
20, 2σ
50 / 200 cross
—
—
Trend bias
—
—
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
—
—
Correlation to SPY
—
—
Realised vol 30D
—
Annualised
Market vol 1Y
—
SPY, annualised
Max drawdown 1Y
-12.3%
Peak to trough
Max drawdown 5Y
-12.3%
Peak to trough
ATR 14
1.20
5.88% of price
Beta (reported)
—
5Y monthly, from filing
Short interest
Shares short
1.28M
Latest report
Change vs prior
—
—
% of float
2.71%
Normal
% of shares out
0.82%
Against total outstanding
Days to cover
0.4
Liquid
Float
165.64M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 10, 26 | RBC Capital | INITIATED | — | Outperform |
| Aug 10, 26 | Bernstein | INITIATED | — | Outperform |
| Aug 10, 26 | Jefferies | INITIATED | — | Buy |
| Aug 10, 26 | Wells Fargo | INITIATED | — | Overweight |
| Aug 10, 26 | B of A Securities | INITIATED | — | Buy |
| Aug 10, 26 | Morgan Stanley | INITIATED | — | Overweight |
| Aug 10, 26 | JP Morgan | INITIATED | — | Neutral |
| Aug 10, 26 | BMO Capital | INITIATED | — | Outperform |
SEC filings
Periodic Financial Reports
10-Q · 2026-08-10
Corporate Changes & Voting Matters
8-K · 2026-08-06
Corporate Changes & Voting Matters
8-K · 2026-07-29
Corporate Changes & Voting Matters
8-K · 2026-07-17
Trading Registrations
8-A12B · 2026-07-15
Offering Registrations
S-1/A · 2026-07-06
Offering Registrations
S-1/A · 2026-06-25
Headlines
AI Cloud Firm Nscale Is Said to Seek Up to $3 Billion in US IPO
Bloomberg · 2d ago
Bank of America makes astounding Csquare stock prediction
TheStreet · 5d ago
Csquare's Data-Center Growth Hinges on Managing Debt, Morgan Stanley Says
MT Newswires · 13d ago
Apple downgraded, HPE upgraded: Wall Street's top analyst calls
The Fly · 13d ago
Data Center Firm Switch to File Confidentially for IPO
Bloomberg · 16d ago
Csquare Reports Record Second Quarter 2026 Results
PR Newswire · 17d ago
Csquare Sets Conference Call for Second-Quarter 2026 Results
PR Newswire · 23d ago
Csquare (CSQR) Prices Its IPO At $21.00, Is A 3.2x P S Multiple Too Rich?
Simply Wall St. · 38d ago
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