Consensus Cloud Solutions, a leading provider of information delivery services with a software-as-a-service platform, has recently released its 10-K report. The company, incorporated in 2021 and headquartered in Los Angeles, California, offers a range of products including eFax Corporate, ECFax, Unite, jSign, Conductor, Clarity, and eFax, serving various sectors such as healthcare, government, financial services, law, and education.
In the 10-K report, Consensus Cloud Solutions outlined key performance metrics for the years ended December 31, 2025, 2024, and 2023. The company reported total revenues of $349.7 million, $350.4 million, and $362.6 million for 2025, 2024, and 2023 respectively. The average revenue per customer account (ARPA) for the Corporate segment was $300.03, $310.67, and $315.51 for the same respective years. The company also disclosed the number of customer accounts, paid adds, and monthly churn percentages for both Corporate and Small Office/Home Office (SoHo) customer segments.
Consensus Cloud Solutions highlighted its critical accounting policies and estimates, emphasizing the importance of judgments, assumptions, and estimates that affect the amounts reported in its financial statements. The company considers revenue recognition, internal-use software development costs, share-based compensation expense, income taxes, and tax contingencies as its most critical accounting policies, as they require difficult, subjective, and complex judgments.
The report also discussed revenue recognition, stating that revenue for cloud-based services is recognized over time in the period earned, and that fees collected in advance are non-refundable. Additionally, the company disclosed its approach to internal-use software development costs, share-based compensation expense, and income taxes, detailing the judgments involved in these processes and the potential impact on the financial statements.
Consensus Cloud Solutions' 10-K report provides a comprehensive insight into the company's financial performance, critical accounting policies, and key performance metrics, offering investors and stakeholders a detailed understanding of its operations and results. Following these announcements, the company's shares moved -3.18%, and are now trading at a price of $21.95. For more information, read the company's full 10-K submission here.
