Research Solutions generated $48.3 million in fiscal 2026 Revenue and $2.8 million in net income, while annual Recurring Revenue reached $22.5 million. The results give investors a combined view of profitability, recurring revenue expansion and the company’s increased focus on platform products and AI-related opportunities.

Key Highlights

  • AI-related ARR reached $0.8 million after growing 125% sequentially.
  • Adjusted EBITDA reached $5.8 million for fiscal 2026, compared with $5.3 million previously.
  • Research Solutions generated $48.3 million in fiscal 2026 revenue and $2.8 million in net income.

Research Solutions, Inc. (NASDAQ: RSSS) generated $12.1 million in fourth-quarter revenue and $666,000 in Net Income for the period ended June 30, 2026. For the full fiscal year, revenue reached $48.3 million and net income rose to $2.8 million. Annual recurring revenue stood at $22.5 million, while the company attributed Margin expansion to a continued shift toward its Platform business. The results combine a lower transaction-revenue contribution with growth in platform subscriptions and recurring revenue. Research Solutions also linked higher operating expenses to up-front investments in AI.

Fiscal Revenue And Profit

Platforms represented 43% of total revenue, compared with 39% in the prior year, reflecting the mix shift identified by the company. Adjusted EBITDA for fiscal 2026 was $5.8 million, compared with $5.3 million previously. Fourth-quarter adjusted EBITDA was $1.4 million, with an adjusted EBITDA margin of 11.8%. Platform revenue for fiscal 2026 rose approximately 10% to $20.8 million. Transaction revenue was $6.8 million in the fourth quarter, compared with $7.3 million previously. Full-year transaction revenue was $27.5 million, compared with $30.1 million in fiscal 2025, with the company attributing the decrease to lower paid order volume. B2B ARR increased $2.0 million, or 14.1%, to $16.2 million. The company said the gain reflected new customer additions and upselling and cross-selling within its existing customer base, partly offset by a decline in B2C ARR. Total ARR reached $22.5 million, up 7.8%. B2B recurring revenue accounted for $16.2 million, while B2C recurring revenue contributed $6.3 million. Research Solutions said it launched multiple products during the fiscal year, including Scite MCP and Article Galaxy MCP, which allow researchers to use their functionality inside ChatGPT, Claude, Copilot and other AI tools. Total operating expenses were $21.5 million for fiscal 2026, compared with $21.7 million previously. The company said lower general and administrative and Stock Compensation expenses were partly offset by higher sales and Marketing costs. Fourth-quarter operating expenses were $5.6 million, compared with $5.1 million in the prior-year quarter. Higher sales expenses and up-front AI investments were partly offset by lower general and administrative expense.