Everforth Inc 2026: Revenue $1.01B, EPS $0.35— 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Everforth Inc reported Q2 2026 results with revenue of $1.01B, a 1.3% YoY decline, and diluted EPS of $0.35, down 47.8% from the prior year. Net income fell to $14.2M. The company completed the Quinnox acquisition in H1 2026, impacting margins through integration expenses. While commercial revenue contracted due to placement mix, growth in TMT and federal sectors helped offset declines.
Everforth Inc reported results for the quarter ended 2026 with revenue of $1.01B, net income of $14.2M and diluted EPS of $0.35, reflecting a modest revenue decline and lower profitability versus the prior-year quarter.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $1.01B | $1.02B | (1.3%) |
| Net income² | $14.2M | $29.3M | (51.5%) |
| Diluted EPS³ | $0.35 | $0.67 | (47.8%) |
¹ Reported as “Revenues”. ² Reported as “Net income”. ³ Reported as “Diluted earnings per share”.
Business Highlights
- Revenue trend: Consolidated revenue was down about 1.3% year over year for the quarter and about 0.7% year-to-date, indicating mild contraction across segments.
- Channel mix: Commercial accounted for roughly 70% of revenues and Federal about 30%; the commercial decline was driven by a lower mix of permanent placements.
- Market momentum: Growth in TMT and select national security and other federal customers helped offset declines in other areas.
- Margins and operations: Gross margin compressed by approximately 40–70 basis points, while federal government margins improved through contract profitability initiatives.
- Corporate activity: Completed the Quinnox acquisition in H1 2026, which contributed to intangibles and integration expenses during the period.
Original SEC Filing: Everforth Inc [ EFOR ] - 10-Q - Jul. 30, 2026