Information Services Group (III)
NASDAQ:III
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Earnings Data
Report Date
Aug 10, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.05Last Year’s EPS
0.04Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented more positive developments than setbacks: modest overall revenue growth, continued double‑digit adjusted EBITDA expansion and margin improvement, a sharp acceleration in AI‑related revenue, a record multiyear governance win, strong European performance, and progress toward higher recurring revenue. Weakness was concentrated in Asia Pacific (down 14.7% YoY) and a slight Americas decline, along with a QoQ reduction in cash driven by seasonality and capital returns. Management is constructive on demand and AI as a tailwind but remains cautious on macro uncertainty and is taking a conservative near‑term posture.Company Guidance
Top-of-Guidance Revenue and Year‑Over‑Year Growth
Q1 revenue of $61.2M, up 3% year‑over‑year and at the top end of guidance; company expects Q2 revenue of $62.5M to $63.5M, indicating continued growth momentum.
Sustained Margin Expansion and Strong EBITDA
Adjusted EBITDA of $8.3M, up 11.8% year‑over‑year (sixth consecutive quarter of double‑digit EBITDA growth); adjusted EBITDA margin expanded by 111 basis points to 13.5%.
Significant AI Revenue Acceleration
AI‑related revenue of $21M in Q1 (~one‑third of firmwide revenue), up from $12M a year ago (≈+75% YoY), demonstrating AI as a meaningful and growing revenue driver.
Record‑Size Client Win with Long‑Term Revenue Potential
Signed largest deal ever — a multiyear governance engagement valued up to $17M to manage $300M in global technology spend across ~200 vendors and support a potential 8‑year AI transformation; management estimates roughly $2M of annual contribution beginning late Q2 and ramping in Q3.
Strong Regional Performance in Europe
Europe revenue grew 25.3% YoY to $17.3M, driven by double‑digit growth in advisory, software and governance and multiple health sciences and consumer wins.
Recurring Revenue and Client Retention Progress
Recurring revenues grew 9% YoY and represent ~47% of total revenue (approaching the 50% target), with ~80% of clients being continuous year‑over‑year.
Product and Data Assets Driving Scale
ISG Tango platform now has more than $27B of contract value flowing through it; ISG AI Index launched to quantify market trends and highlight AISector opportunities across Infrastructure, SaaS and Managed Services.
Improving Financial Positioning
Operating income increased 47.7% YoY to $5.0M (operating margin 8.2%); adjusted net income $4.3M ($0.09/share) vs $3.7M prior; gross debt/EBITDA improved to ~1.8x (from 1.9x) and average borrowing rate decreased to 5.4% (down 115 bps YoY).
III Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
III Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $4.17 | $4.04 | -3.12% |
Jan 15, 2026 | $6.01 | $6.01 | 0.00% |
Nov 03, 2025 | $5.40 | $5.95 | +10.16% |
Aug 06, 2025 | $4.11 | $4.08 | -0.71% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Information Services Group (III) report earnings?
Information Services Group (III) is schdueled to report earning on Aug 10, 2026, Before Open (Confirmed).
What is Information Services Group (III) earnings time?
Information Services Group (III) earnings time is at Aug 10, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is III EPS forecast?
III EPS forecast for the fiscal quarter 2026 (Q2) is 0.05.