earnings
confidence high
sentiment positive
materiality 0.75
Everforth Q2 2026: revenue $1.007B, Adj. EBITDA margin 9.6% exceed high-end guidance
Everforth Inc
- Q2 revenue $1,007M (down 1.3% YoY but above guidance); net income $14.2M ($0.35 EPS) vs $29.3M ($0.67) YoY.
- Adjusted EBITDA $96.7M (9.6% margin) exceeded high-end of guidance; operating cash flow $52.2M, FCF $46.3M.
- Repurchased 0.4M shares for $11.5M; repaid $23.9M debt; post-quarter refinanced to $600M revolver (5-yr).
- Commercial segment book-to-bill TTM 1.2x; Federal segment new awards TTM $0.9B (book-to-bill 0.8x).
- Management cites AI adoption driving demand; believes IT services will be key for AI integration.