Everforth Reports Third Quarter 2026 Results
Everforth reported Q3 2026 revenue of $1,031.4 million, up 2% year-over-year, with revenue, net income, and Adjusted EBITDA all above guidance. However, GAAP net income fell to $23.1 million ($0.56 diluted EPS) from $38.1 million ($0.87) a year ago, and gross margin compressed 110 bps to 28.3% on lower permanent-placement mix, FX, and a shift toward lower-margin cloud work. Q4 guidance of $965-$995 million revenue and $0.43-$0.62 EPS implies a sequential decline, partly due to fewer billable days.
Key figures
- Eps
- 0.56
- Revenue
- 1031400000
- Guidance
- Q4 2026 revenue $965.0M-$995.0M; EPS $0.43-$0.62; Adjusted EBITDA $93.0M-$103.0M; Adjusted EPS $0.95-$1.11
- Revenue Yoy
- 2%
- Fcf
- 46500000
- Cash
- 147500000
- Net income
- 23100000
- Gross margin
- 28.3%
- Adjusted ebitda
- 106300000
- Federal revenue
- 311500000
- Commercial revenue
- 719900000
- Operating cash flow
- 58700000
- Adjusted ebitda margin
- 10.3%
- Federal book to bill ttm
- 0.9 to 1
- Debt reduction in quarter
- 52800000
- Commercial book to bill ttm
- 1.1 to 1
- Federal new contract awards ttm
- $1.0 billion
AI analysis
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