Data Storage Corporation Reports Q3 2025 Results Following Transformative CloudFirst Sale

Chuck Piluso, Chairman and Chief Executive Officer of Data Storage Corporation, emphasized that the recent quarter marks a pivotal moment for the company. The completion of the CloudFirst sale has not only unlocked substantial shareholder value but has also provided a robust financial foundation for the future.

Piluso stated, “The CloudFirst sale was a transformative milestone that allows us to simplify our structure, sharpen our focus, and redeploy capital toward initiatives that offer higher returns and long-term sustainability.” This strategic move is expected to enhance the company’s operational efficiency and streamline its capital allocation process.

With the CloudFirst sale behind them, Data Storage Corp is now poised to invest in high-growth areas that align with its core competencies. The company plans to concentrate on sectors such as GPU Infrastructure-as-a-Service (IaaS), AI-driven software applications, cybersecurity, and voice/data telecommunications.

Piluso reiterated the company's commitment to maintaining financial discipline while pursuing these strategic investments. “Our priority is to remain disciplined—both operationally and financially. We are committed to creating lasting value through prudent capital allocation, sound execution, and thoughtful innovation,” he said.

Data Storage Corporation reported sales of $416,956 for the third quarter of 2025, a significant increase compared to $325,299 in the same quarter of 2024. The gross profit for Q3 2025 was $198,499, compared to $144,467 in Q3 2024. However, the company recorded a loss from operations of $1,098,475, reflecting increased selling, general, and administrative expenses, which totaled $1,296,974 in the quarter.

For the nine months ending September 30, 2025, the company recorded a total sales figure of $1,057,651, up from $899,135 during the same period in 2024. The gross profit for this period was $477,458, compared to $394,451 a year prior.

Despite some operational losses, the company experienced a net income of $16,778,342 in Q3 2025, largely attributed to a gain on the sale of discontinued operations, which amounted to $17,471,290.

Looking ahead, Data Storage Corporation aims to leverage its expertise and financial strength to identify new opportunities that align with its strategic vision. The company plans to build on its history in data and communications infrastructure to deliver sustainable results and long-term shareholder value.

To provide further insights into the CloudFirst sale and the company's strategic outlook, Data Storage Corporation will host a business update conference call today at 10:00 a.m. Eastern Time. Interested parties can participate by dialing toll-free 877-407-9219 for U.S. callers or +1-412-652-1274 for international callers. A webcast of the call will also be available on the company’s website.

The recent sale of CloudFirst marks a significant turning point for Data Storage Corporation, providing the company with the necessary capital and focus to drive future growth. As it transitions into new high-growth areas, stakeholders will be keenly observing how the company executes its strategic vision and manages its financial health moving forward.