earnings
confidence high
sentiment positive
materiality 0.65
Andersen Q2 revenue $217.7M (+23.7% YoY); adjusted net income $39.0M (+38.8%)
Andersen Group Inc.
- Q2 revenue $217.7M, up 23.7% from $176.0M; H1 revenue $458.4M, up 19.4% from $384.1M.
- Reported net loss $10.1M ($0.08/$0.09 per share) vs $96.0M loss a year ago; driven by non-cash equity comp of $48.3M vs $129.6M.
- Adjusted net income Q2 $39.0M (+38.8%); H1 $106.3M (+27.5% from $83.3M).
- Reaffirmed FY26 guidance: revenue ~$980M-$1B (~18% growth); adj. EBITDA $225M-$250M; adj. EBITDA margin 23-25%.
- Closed Q2 acquisitions in Ireland, New Zealand, Nigeria, Uruguay; Q3 closed Switzerland tax firm and Canada combination; 8 more deals expected to close Q4.