DSS, Inc. logo

DSS, Inc.

DSS

AMEXConsumer CyclicalPackaging & Containers

Previous close

$0.54

−$0.01 · -1.82%

Aug 21, 3:43 PM ET

DSS company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

48

Fair Value

Momentum

30

Weakening

Sentiment

52

Mixed

Risk resilience

29

High Risk

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Company profile

Company website

DSS, Inc. is a globally diversified enterprise with operations across numerous industries. In product packaging, the company specializes in manufacturing and distributing custom folding cartons, mailers, photo sleeves, and advanced three-dimensional direct mail products. It also engages in the marketing and distribution of nutritional and personal care items. Within the biotechnology and biohealth sphere, DSS makes strategic investments in and acquires companies dedicated to pioneering drug discovery, prevention, and treatment methodologies for neurological, oncological, and immune-system diseases. Furthermore, it develops innovative open-air defense systems designed to combat airborne infectious agents like tuberculosis and influenza. The firm's financial services and commercial lending activities involve acquiring equity positions in undervalued commercial banks, bank holding companies, and licensed non-banking financial institutions. Its related non-banking ventures include loan syndication, mortgage banking, trust and escrow services, banking technology solutions, loan servicing, equipment leasing, problem asset management, consulting for special purpose acquisition companies (SPACs), and advisory capital raising services. For securities and investment management, DSS offers a range of services, including managing a real estate investment trust (REIT) focused on acquiring hospitals and various acute and post-acute care facilities, with an emphasis on fostering healthy living communities. The company also develops and invests in assets within the securities trading and fund management sectors, and operates as a broker-dealer for digital assets. In the alternative energy sector, DSS provides solutions such as solar farms, solar battery storage systems, and services for residential energy generation and storage. Established in 1984, the company was formerly known as Document Security Systems, Inc. before officially changing its name to DSS, Inc. in September 2021. Its headquarters are located in West Henrietta, New York.

Industry
Packaging & Containers
Sector
Consumer Cyclical
Headquarters
US
CEO
Jason T. Grady
Listed since
Apr 8, 1994
Employees
102

Market position

Day range

Current $0.54

52-week range

Current $0.54

Open
$0.561
Previous close
$0.55
Volume
5.55K
0× average
Average volume
1.46M
Average daily volume
Market cap
5.42M USD
Beta
0.98
Market reference 1
50-day average
$0.5683
-4.99% below average
200-day average
$0.8041
-32.84% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
45.19M USD
P/E (TTM)
-0.18×
P/B (TTM)
-14.2×
P/S (TTM)
0.29×
EV / EBITDA
-1.91×
Earnings yield
-286.84%
Free cash flow yield
-113.10%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
-20.80%
Operating margin
-89.72%
Net margin
-149.84%
Return on equity
2876.08%
Return on assets
-35.38%
Return on invested capital
-27.88%

Financial health

Debt / equity
-112.92×
Current ratio
0.3×
Altman Z-score
-8.77
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends43%-62%-167%-272%Gross margin, FY2021: 17.02%Gross margin, FY2022: -16.24%Gross margin, FY2023: 2.09%Gross margin, FY2024: -23.26%Gross margin, FY2025: -10.45%Operating margin, FY2021: -116.04%Operating margin, FY2022: -105.62%Operating margin, FY2023: -90.98%Operating margin, FY2024: -109.60%Operating margin, FY2025: -69.54%Net margin, FY2021: -163.35%Net margin, FY2022: -210.83%Net margin, FY2023: -233.78%Net margin, FY2024: -245.57%Net margin, FY2025: -115.28%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 17.02%. Gross margin FY2022 -16.24%. Gross margin FY2023 2.09%. Gross margin FY2024 -23.26%. Gross margin FY2025 -10.45%. Operating margin FY2021 -116.04%. Operating margin FY2022 -105.62%. Operating margin FY2023 -90.98%. Operating margin FY2024 -109.60%. Operating margin FY2025 -69.54%. Net margin FY2021 -163.35%. Net margin FY2022 -210.83%. Net margin FY2023 -233.78%. Net margin FY2024 -245.57%. Net margin FY2025 -115.28%.

Income trends

Revenue

20.76M USD+8.69%

Operating income

−14.43M USD+31.04%

Net income

−23.93M USD+48.97%
Income trends across reported periods37.28M USD1.68M USD−33.92M USD−69.53M USDRevenue, FY2021: 20.28M USDRevenue, FY2022: 28.38M USDRevenue, FY2023: 25.93M USDRevenue, FY2024: 19.1M USDRevenue, FY2025: 20.76M USDOperating income, FY2021: −23.53M USDOperating income, FY2022: −29.98M USDOperating income, FY2023: −23.59M USDOperating income, FY2024: −20.93M USDOperating income, FY2025: −14.43M USDNet income, FY2021: −33.12M USDNet income, FY2022: −59.84M USDNet income, FY2023: −60.63M USDNet income, FY2024: −46.9M USDNet income, FY2025: −23.93M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 20.28M USD. Revenue FY2022 28.38M USD. Revenue FY2023 25.93M USD. Revenue FY2024 19.1M USD. Revenue FY2025 20.76M USD. Operating income FY2021 −23.53M USD. Operating income FY2022 −29.98M USD. Operating income FY2023 −23.59M USD. Operating income FY2024 −20.93M USD. Operating income FY2025 −14.43M USD. Net income FY2021 −33.12M USD. Net income FY2022 −59.84M USD. Net income FY2023 −60.63M USD. Net income FY2024 −46.9M USD. Net income FY2025 −23.93M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue20.76M USD19.1M USD25.93M USD28.38M USD20.28M USD
Cost of goods sold22.93M USD23.54M USD25.39M USD32.99M USD16.82M USD
Gross profit−2.17M USD−4.44M USD543K USD−4.61M USD3.45M USD
Research and development340K USD278K USD1.69M USD1.26M USD1.08M USD
Selling, general, and administrative10.18M USD10.37M USD11.98M USD20.07M USD22.4M USD
Operating expenses12.27M USD16.49M USD24.14M USD25.37M USD26.98M USD
Interest income51K USD340K USD1.29M USD629K USD4.56M USD
Interest expense266K USD283K USD553K USD126K USD196K USD
Depreciation and amortization3.53M USD2.98M USD5.21M USD12.17M USD4.32M USD
Operating income−14.43M USD−20.93M USD−23.59M USD−29.98M USD−23.53M USD
Net income−23.93M USD−46.9M USD−60.63M USD−59.84M USD−33.12M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
45%
5 beats, 4 misses, 2 met estimates
Average EPS surprise
-19.79%
11 comparable reports
Latest EPS result
-0.48
Estimate -0.3 · Miss by 60.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.14-1.35-2.56-3.77Q1 '25MissQ2 '25MissQ3 '25BeatQ4 '25MetQ1 '26MissQ2 '26MetQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 31, 2025: actual -3.5, estimate -0.56, surprise -525.55%, Miss. Q2 2025, reported May 15, 2025: actual -0.55, estimate -0.4, surprise -37.50%, Miss. Q3 2025, reported Aug 14, 2025: actual -0.17, estimate -0.4, surprise +57.50%, Beat. Q4 2025, reported Nov 14, 2025: actual -0.25, estimate -0.25, surprise 0.00%, Met estimate. Q1 2026, reported Mar 31, 2026: actual -1.63, estimate -0.38, surprise -328.95%, Miss. Q2 2026, reported May 15, 2026: actual -0.6, estimate -0.6, surprise 0.00%, Met estimate. Q3 2026, reported Aug 14, 2026: actual -0.48, estimate -0.3, surprise -60.00%, Miss. Q4 2026, reported Oct 26, 2026: actual —, estimate -0.27, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates10.4M7.97M5.53M3.1MQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25MetQ1 '26MissQ2 '26MetQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 31, 2025: actual 5.42M USD, estimate 9.9M USD, surprise -45.29%, Miss. Q2 2025, reported May 15, 2025: actual 4.95M USD, estimate 5.75M USD, surprise -13.87%, Miss. Q3 2025, reported Aug 14, 2025: actual 5.29M USD, estimate 6.7M USD, surprise -21.12%, Miss. Q4 2025, reported Nov 14, 2025: actual 6.39M USD, estimate 6.39M USD, surprise 0.00%, Met estimate. Q1 2026, reported Mar 31, 2026: actual 4.1M USD, estimate 5.1M USD, surprise -19.61%, Miss. Q2 2026, reported May 15, 2026: actual 4.33M USD, estimate 4.33M USD, surprise 0.00%, Met estimate. Q3 2026, reported Aug 14, 2026: actual 3.6M USD, estimate 4.6M USD, surprise -21.65%, Miss. Q4 2026, reported Oct 26, 2026: actual —, estimate 5.3M USD, surprise —, Comparison unavailable.

DSS news

Corporate actions

Corporate action history

Stock split

Effective Jan 5, 2024

1:20

Stock split

Effective Apr 27, 2023

1,077:1,000

Stock split

Effective May 8, 2020

1:30

Stock split

Effective Aug 26, 2016

1:4

Stock split

Effective Nov 1, 2001

1:200

DSS peers

ETFs holding DSS

Funds reporting this stock among their holdings, ordered by reported position size.

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