Third consecutive guidance raise and strong growth across HealthTech (+53.7%) and Technology (+42.6%) indicate sustained momentum. The Sierra AI partnership could accelerate AI-driven deal flow. Watch for execution on capacity expansion and margin trends in Q4.
Price Chart
Executive Summary
IBEX reported Q3 FY2026 results with revenue of $164.4M (+16.8% YoY) and GAAP diluted EPS of $0.89 (+21.9% YoY), beating consensus estimates of $155.9M and $0.85 respectively. The company raised FY2026 revenue guidance to $638-642M and adjusted EBITDA guidance to $82-84M for the third time this year, and announced a strategic partnership with Sierra AI.
Key Financial Metrics
Key Facts
- Revenue $164.4M, +16.8% YoY, beat consensus $155.9M by 5.5%
- GAAP diluted EPS $0.89, +21.9% YoY, beat consensus $0.85 by 4.7%
- Adjusted diluted EPS $0.91, +10.7% YoY
- FY2026 revenue guidance raised to $638-642M (previous $620-630M)
- FY2026 adjusted EBITDA guidance raised to $82-84M (previous $80-82M)
- Strategic partnership with Sierra AI for AI-powered CX solutions
- Operating cash flow $11.9M, free cash flow $6.6M
Financial Impact
Revenue beat consensus by ~$8.5M (5.5%), EPS beat by $0.04 (4.7%), guidance raised by ~2.9% at midpoint
Risk Factors
- Concentration in offshore regions (Philippines, Jamaica) exposes to geopolitical/regulatory risk
- AI disruption could commoditize traditional BPO services
- Client concentration and potential insourcing by large clients
- Capital expenditure increase to $25-30M may pressure near-term FCF
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001720420-26-000010 |
| Document: ibex-20260506.htm | 0001720420-26-000010 |
| Document: 0001720420-26-000010-index-headers.html | 0001720420-26-000010 |
| Document: 0001720420-26-000010-index.html | 0001720420-26-000010 |
| Document: 0001720420-26-000010.txt | 0001720420-26-000010 |
| 8-K Data (Synthetic) | 0001720420-26-000010 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | Press Release | $46.94 | awaiting T+1 | — | $45.98 (−2.05%) |
Sep 25, 2026 4w ago | 144 | $44.33 $43.38 | ▼ −2.14% | ▼ −1.96% | $45.98 (+3.72%) |
Sep 16, 2026 5w ago | Insider Cluster | $40.92 $40.20 | ▲ +1.76% | ▲ +1.64% | $45.98 (−12.37%) |
Sep 16, 2026 5w ago | Insider Cluster | $40.92 $40.20 | ▲ +1.76% | ▲ +1.64% | $45.98 (−12.37%) |
Sep 16, 2026 5w ago | Insider Cluster | $40.92 $40.20 | ▲ +1.76% | ▲ +1.64% | $45.98 (−12.37%) |
Sep 15, 2026 5w ago | Insider Cluster | $40.28 $40.92 | ▲ +1.59% | ▲ +0.46% | $45.98 (+14.15%) |
Sep 15, 2026 5w ago | 144 | $40.28 $40.92 | ▲ +1.59% | ▲ +0.46% | $45.98 (+14.15%) |
Sep 10, 2026 6w ago | Press Release | $39.80 $40.49 | ▲ +1.73% | ▲ +2.18% | $45.98 (+15.53%) |
May 29, 2026 21w ago | Insider Cluster | $31.64 $32.21 | ▲ +1.80% | ▲ +1.53% | $45.98 (+45.32%) |
May 13, 2026 23w ago | 8-K | $30.25 $30.56 | ▲ +1.02% | ▲ +2.25% | $45.98 (+52.00%) |
US Market Status
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