Modest beat on revenue (top end of guidance) but EPS in-line. Q2 guidance implies slight sequential growth. Watch for Americas revenue trajectory and macro commentary on the earnings call. Historical price action suggests market may not reward this set of numbers.
Price Chart
Executive Summary
ISG reported Q1 2026 revenue of $61.2M (+3% YoY), in-line GAAP EPS of $0.05, and adjusted EBITDA of $8.3M (+12%). Q2 guidance calls for revenue of $62.5M-$63.5M and adjusted EBITDA of $8.0M-$9.0M. The company also announced a historic $17M contract. However, the Americas segment declined 3% and the stock has reacted negatively to similar results in the past.
Key Financial Metrics
Key Facts
- Q1 2026 revenue $61.2M, up 3% YoY, at top end of guidance
- GAAP diluted EPS $0.05 (in-line with consensus of $0.05)
- Adjusted diluted EPS $0.09, up 17% YoY
- Adjusted EBITDA $8.3M, up 12% YoY, margin 13.5%
- Q2 2026 guidance: revenue $62.5M-$63.5M, adjusted EBITDA $8.0M-$9.0M
- Signed multiyear contract valued up to $17M for AI-powered transformation services
- Declared quarterly dividend of $0.045 per share
Financial Impact
Revenue $61.2M, GAAP EPS $0.05, adjusted EPS $0.09, adjusted EBITDA $8.3M
Risk Factors
- Americas revenue declined 3% YoY
- Geopolitical and macro uncertainty constraining client spending
- Past strong earnings releases were followed by significant stock declines
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-057199 |
| Document: iii-20260507x8k.htm | 0001104659-26-057199 |
| Document: 0001104659-26-057199-index-headers.html | 0001104659-26-057199 |
| Document: 0001104659-26-057199-index.html | 0001104659-26-057199 |
| Document: 0001104659-26-057199.txt | 0001104659-26-057199 |
| 8-K Data (Synthetic) | 0001104659-26-057199 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
May 7, 2026 24w ago | 8-K | $4.04 $4.24 | ▲ +4.95% | ▲ +4.93% | $6.09 (+50.74%) |
Mar 11, 2026 32w ago | DEFA14A | $4.10 $4.00 | ▼ −2.47% | ▼ −3.00% | $6.09 (+48.48%) |
Mar 5, 2026 33w ago | 8-K | $4.48 $3.95 | ▼ −11.77% | ▼ −9.73% | $6.09 (+36.03%) |
US Market Status
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