CSGS at a glance
CSG SYSTEMS INTERNATIONAL INC (CSGS, SEC CIK 1005757) filed its latest 10-K annual report on February 19, 2026, a 10-Q quarterly report on May 7, 2026, an 8-K current report on May 14, 2026 and Form 4 insider filings as recently as May 18, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), CSG SYSTEMS INTERNATIONAL INC (CSGS) reported revenue of $1.2 billion (up 2.2% from FY2024) and net income of $55.9 million. Diluted EPS was $1.98.
- As of March 31, 2026, 9 institutional investment managers tracked by SignalX reported holding CSG SYSTEMS INTERNATIONAL INC (CSGS) shares worth $133.7 million in 13F-HR filings.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $1.2B
- +2.2% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 9 funds
- $133.7M · +0 vs prior quarter
- Latest 8-K
- May 14, 2026
- Item 3.03 · Item 5.03 · Item 1.02 · Item 1.01 · Item 2.01 · Item 5.01 · Item 5.02 · Item 8.01 · Item 3.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business: SaaS-based revenue management platforms and managed payment services for global communications industry
- New emphasis on Merger-related activities, incurring $13.7M acquisition and $10M earn-out costs in 2025
- Strategic focus on cost efficiency: closure of Crawfordville design center, $19.8M restructuring charges with 15.8M involuntary termination costs
- Revenue growth 2.2% to $1.22B driven by SaaS solutions; R&D stable at 13.2% of revenue with AI-enhanced products highlighted
- Noteworthy tax rate spike to 38% from 23%, driven by non-cash expenses including accelerated stock vesting and merger transaction costs
Risk Factors
- Legal risk no material pending litigation as of filing date, mitigating near-term regulatory exposure
- Geopolitical risk from global office leases in Europe, Asia, South America, Africa with lease expirations through 2029
- Operational risk closure of Crawfordville, Florida design/delivery center in 2025 impacting operational footprint
- Market risk exposure to competitors in enterprise SaaS software for multiple verticals led by Chief Product Officer with 25 years tenure
- Financial risk stock repurchase program expired on December 31, 2025, limiting share buyback flexibility
AI summary of the CSGS 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Mar 31, 2026
Management Discussion & Analysis
- Q1 revenue $313.7M, up 4.8% YoY from $299.5M, driven by SaaS and related solutions
- SaaS revenue $286.9M vs $269.9M; software and services lowest at $15.0M vs $18.6M
- Operating margin 11.2% vs 9.8%; operating income $35.1M vs $29.4M
- Cash $147.3M vs $180.0M at year-end; operating cash flow $(1.2)M vs $11.5M
- Merger closing expected by end of 2026; tariffs, inflation, conflicts, supply disruptions and labor shortages remain headwinds
Risk Factors
- No Risk Factors section provided in the supplied filing text
- No newly added, updated, regulatory, operational, competitive, or financial risk identified
- Exhibit amendments with Charter Communications, portions omitted under SEC confidentiality rules
- 49,656 shares purchased and cancelled for minimum tax withholding at $79.88 per share
AI summary of the CSGS 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 3.03: Material Modification to Rights of Security Holders
- CSG Common Stock rights terminated at the merger’s effective time
- Eligible shareholders retained only the right to receive merger consideration
Item 5.03: Amendments to Articles of Incorporation or Bylaws
- Merger closing triggered complete restatement of CSG’s certificate of incorporation and bylaws
- Amended governance documents filed as Exhibits 3.1 and 3.2
Item 1.02: Termination of a Material Definitive Agreement
- Existing Credit Agreement terminated upon merger completion on May 14, 2026
- CSG paid $125 million plus accrued interest and fees to fully repay outstanding obligations
Item 1.01: Entry into a Material Definitive Agreement
- Supplemental Indenture modifies CSG’s 3.875% Convertible Senior Notes due 2028 after merger completion
- Approximately $425.0 million principal outstanding as of May 14, 2026
Item 2.01: Completion of Acquisition or Disposition of Assets
- CSG acquisition completed, converting eligible common shares into $80.70 cash per share
- Shareholders receive cash consideration subject to withholding taxes, with appraisal-rights and excluded shares carved out
Item 5.01: Changes in Control of Registrant
- Change of control completed at the Effective Time through merger of Merger Sub into CSG
- CSG continues as the surviving corporation and wholly owned subsidiary of Parent
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Merger installed Masakazu Yamashina as sole director of the surviving corporation
- CEO Brian Shepherd and three executive officers terminated without cause at merger closing
Item 8.01: Other Events
- NEC Corporation announced completion of the merger on May 14, 2026
- Merger completion marks a finalized transaction milestone for CSG Systems stakeholders
Item 3.01: Notice of Delisting or Failure to Satisfy a Continued Listing Rule
- Merger-driven Nasdaq delisting, with trading suspension before May 14, 2026
- Form 25 makes delisting effective May 25, 2026
Item 8.01: Other Events
- CFIUS clearance received May 7, 2026 for NEC Corporation’s acquisition of CSG Systems
- All required regulatory approvals now obtained, materially reducing a key closing condition
Item 2.02: Results of Operations and Financial Condition
- Q1 2026 results covered quarter ended March 31, 2026, with press release issued May 6, 2026
- Key financial results and outlook contained in Exhibit 99.1, requiring review for investor impact
AI summaries of CSGS 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for CSGS
Don't miss the next CSGS filing
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- Fund moves. Which tracked funds opened, added or cut CSGS, by share count.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Barger Rachel A. | D | May 14, 2026 | 14,532 | $80.70 |
| Tavares Silvio | D | May 14, 2026 | 22,560 | $80.70 |
| NAIK RAJAN | D | May 14, 2026 | 28,878 | $80.70 |
| Barnes David G | D | May 14, 2026 | 40,678 | $80.70 |
| Greenberg Samantha Joy | D | May 14, 2026 | 7,808 | $80.70 |
| Song Haiyan | D | May 14, 2026 | 22,560 | $80.70 |
| Yang Tseli Lily | D | May 14, 2026 | 18,464 | $80.70 |
| Fawaz Marwan | D | May 14, 2026 | 34,878 | $80.70 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $1.2B | $1.2B |
| Operating Income | - | $131.3M | $118.7M |
| Net Income | $66.2M | $86.9M | $55.9M |
| Op. Margin | - | 11.0% | 9.7% |
| Net Margin | - | 7.3% | 4.6% |
| Balance Sheet | |||
| Total Assets | $1.4B | $1.5B | $1.5B |
| Equity | - | $282.6M | $283.7M |
| ROE | - | 30.7% | 19.7% |
| Per Share | |||
| EPS | $2.20 | $3.03 | $1.98 |
| Cash Flow | |||
| Operating CF | - | $135.7M | $155.9M |
| CapEx | $28.0M | $22.4M | $14.5M |
Source: XBRL data in CSG SYSTEMS INTERNATIONAL INC (CSGS)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q1 2026Aggregate CSGS share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q1 2026 | 9 | $133.7M |
| Q4 2025 | 9 | $143.7M |
| Q3 2025 | 11 | $141.3M |
| Q2 2025 | 11 | $146.1M |
| Q1 2025 | 8 | $94.2M |
| Q4 2024 | 6 | $78.0M |
| Q3 2024 | 5 | $40.5M |
- JPMorgan Chase & Co+2.09M (+12%)
- BlackRock+1.48M (+28%)
- State Street Corp+225.0K (+3%)
- Wells Fargo & Co−9.45M (-50%)
- Two Sigma Investments−6.00M (-22%)
Source: 13F-HR filings on SEC EDGAR (aggregated from 59 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
CSGS filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
8-K current reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | May 18, 2026 | - | - | |
| 4 | May 18, 2026 | - | - | |
| 4 | May 18, 2026 | - | - | |
| 4 | May 18, 2026 | - | - | |
| 4 | May 18, 2026 | - | - | |
| 4 | May 18, 2026 | - | - | |
| 4 | May 18, 2026 | - | - | |
| 4 | May 18, 2026 | - | - | |
| 4 | May 18, 2026 | - | - | |
| 4 | May 18, 2026 | - | - | |
| 4 | May 18, 2026 | - | - | |
| 4 | May 18, 2026 | - | - | |
| 4 | May 18, 2026 | - | - | |
| 4 | May 18, 2026 | - | - | |
| 4 | May 18, 2026 | - | - | |
| 4 | May 18, 2026 | - | - | |
| 8-K | May 14, 2026 | - | Analysis | |
| 8-K | May 11, 2026 | - | Analysis | |
| 10-Q | May 7, 2026 | Mar 31, 2026 | Analysis | |
| 8-K | May 6, 2026 | - | Analysis | |
| SC 13G | Apr 29, 2026 | - | - | |
| 4 | Mar 11, 2026 | - | - | - |
| 4 | Mar 11, 2026 | - | - | - |
| 10-K | Feb 19, 2026 | Dec 31, 2025 | Analysis | |
| 8-K | Feb 5, 2026 | - | - |
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CSGS SEC filings: frequently asked questions
Which institutions hold CSGS stock?
As of March 31, 2026, the largest CSG SYSTEMS INTERNATIONAL INC (CSGS) holders among the 13F filers tracked by SignalX were Invesco Ltd ($48.1 million), Two Sigma Investments ($25.9 million), JPMorgan Chase & Co ($23.6 million), Wells Fargo & Co ($11.7 million), State Street Corp ($10.5 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was CSGS's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), CSG SYSTEMS INTERNATIONAL INC (CSGS) reported revenue of $1.2 billion (up 2.2% from FY2024) and net income of $55.9 million. Diluted EPS was $1.98. The figures come from the XBRL data in the 10-K.
What are the main risks in CSGS's latest 10-K?
In the 10-K filed February 19, 2026, CSG SYSTEMS INTERNATIONAL INC (CSGS) flagged: Legal risk no material pending litigation as of filing date, mitigating near-term regulatory exposure. Geopolitical risk from global office leases in Europe, Asia, South America, Africa with lease expirations through 2029. (AI summary of the Risk Factors section.)
What did CSGS report in its latest 8-K?
CSG SYSTEMS INTERNATIONAL INC (CSGS) filed an 8-K on May 14, 2026 reporting Item 3.03 (Material Modification to Rights of Security Holders), Item 5.03 (Amendments to Articles of Incorporation or Bylaws), Item 1.02 (Termination of a Material Definitive Agreement), Item 1.01 (Entry into a Material Definitive Agreement), Item 2.01 (Completion of Acquisition or Disposition of Assets), Item 5.01 (Changes in Control of Registrant), Item 5.02 (Departure/Appointment of Directors or Principal Officers), Item 8.01 (Other Events) and Item 3.01 (Notice of Delisting or Failure to Satisfy a Continued Listing Rule). CSG Common Stock rights terminated at the merger’s effective time.
What are the latest CSGS SEC filings?
CSG SYSTEMS INTERNATIONAL INC (CSGS) filed its latest 10-K annual report on February 19, 2026, a 10-Q quarterly report on May 7, 2026, an 8-K current report on May 14, 2026 and a Form 4 insider filing on May 18, 2026.
What is CSGS's SEC CIK number?
CSG SYSTEMS INTERNATIONAL INC (CSGS)'s SEC Central Index Key (CIK) is 1005757. EDGAR lists every CSGS filing under that number.
Ask anything about CSGS
The research agent reads CSGS's filings, financials, insider trades and 13F holders, then answers with sources.