Csquare Future Growth

Future criteria checks 0/6

Csquare is forecast to grow earnings and revenue by 29% and 12.2% per annum respectively. EPS is expected to grow by 38.8% per annum. Return on equity is forecast to be -23.4% in 3 years.

Key information

29.0%

Earnings growth rate

38.80%

EPS growth rate

IT earnings growth	22.6%
Revenue growth rate	12.2%
Future return on equity	-23.38%
Analyst coverage	Good
Last updated	10 Aug 2026

Recent future growth updates

Recent updates

New Narrative • Sep 08

Long‑Term Capacity Constraints And Bookings Momentum Will Support Future Data Center Demand

Catalysts About Csquare Csquare operates data centers that provide colocation and highly connected digital infrastructure for enterprise, cloud and network customers. What are the underlying business or industry changes driving this perspective?

New Narrative • Aug 25

Sub 20 Megawatt Focus And Heavy Debt Will Shape A Cautious Yet Constructive Outlook

New Narrative • Aug 11

AI Infrastructure Tailwinds And Recurring Revenue Will Drive Stronger Long-Term Earnings Potential

Catalysts About Csquare Csquare operates colocation data centers that provide highly connected, power ready infrastructure for enterprise, cloud and network customers. What are the underlying business or industry changes driving this perspective?

Seeking Alpha • Jul 20

Csquare: Debt-Loaded Datacenter IPO Encounters Market Resistance

Summary Csquare's IPO was poorly received, with shares pricing below range amid investor concerns over debt and profitability. CSQR operates 64 data centers across North America, serving 1,700+ clients with low churn and strong revenue growth but heavy leverage. Despite 2025 adjusted EBITDA of $390M and 2026 guidance above $450M, leverage remains high at nearly 10x and operating profits are modest. I remain cautious due to significant debt, minimal earnings, and risks from competition, integration, and macro factors, avoiding the current dip. Read the full article on Seeking Alpha

Earnings and Revenue Growth Forecasts

NYSE:CSQR - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2028	1,492	-113	22	339	9
12/31/2027	1,329	-173	-39	269	10
12/31/2026	1,148	-255	-528	143	10
6/30/2026	1,060	-186	-570	140	N/A
3/31/2026	1,025	-151	-495	150	N/A
12/31/2025	987	-120	-373	172	N/A
12/31/2024	908	459	-786	81	N/A
12/31/2023	198	-80	-139	-56	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CSQR is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: CSQR is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: CSQR is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: CSQR's revenue (12.2% per year) is forecast to grow slower than the US market (13.5% per year).

High Growth Revenue: CSQR's revenue (12.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CSQR is forecast to be unprofitable in 3 years.

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/09/10 23:55
End of Day Share Price	2026/09/10 00:00
Earnings	2026/06/30
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Csquare, Inc. is covered by 10 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Madison Rezaei	Bernstein
Aryeh Klein	BMO Capital Markets Equity Research
Michael Funk	BofA Global Research