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Everforth (EFOR) Q3 2026 Earnings Report

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CH:EFOR Q3 2026 EPS Results

Actual EPS
CHF 0.92
Consensus EPS
CHF 0.85
Beat/Miss
Beat by +CHF 0.07
One Year Ago EPS
CHF 1.08

CH:EFOR Q3 2026 Revenue Results

Actual Revenue
CHF 850.70M
Expected Revenue
CHF 833.69M
Beat/Miss
Beat by +CHF 17.01M
YoY Revenue Growth
+1.98%

Earnings Announcement Details

Quarter
Q3 2026
Date
10/28/2026
Time
After Close
Conference Call
Wednesday, October 28, 2026
CH:EFOR Upcoming Earnings

Everforth's next earnings date is estimated for February 10, 2027, based on past reporting schedules.

Q3 2026 Earnings Call Audio

CH:EFOR Q3 2026 Earnings Call
0:00 / 0:00

Q3 2026 Earnings Slide Deck

Q3 2026 Earnings Call Summary

Q3 2026
Earnings Call Date:Oct 28, 2026|% Change Since:―|
Earnings Call Sentiment|Positive

The call was predominantly positive. Everforth exceeded third-quarter revenue and adjusted EBITDA guidance, reported strong federal bookings and backlog, expanded AI, cybersecurity and hyperscaler capabilities, and cited improving booking quality, visibility and long-term margin potential. The main challenges were modest year-over-year commercial growth, lower sequential fourth-quarter guidance due to seasonality, leverage of 3.1x versus a 2.5x target, continued strategic planning expenses and ongoing year-over-year declines in cyclically sensitive businesses.

Company Guidance

For the fourth quarter of 2026, Everforth assumes 61 billable days, which is 3 days fewer than the third quarter and consistent with the prior year period, current market conditions and no further deterioration in the markets that we serve; guidance includes $6 million to $7.5 million in strategic planning expenses and calls for revenues of $965 million to $995 million, net income of $19.7 million to $25.5 million, adjusted EBITDA of $93 million to $103 million and adjusted EBITDA margin of 9.6% to 10.4%. On a billable-day-adjusted basis, Commercial indicates low single-digit sequential growth, while Federal is sequentially down but up year-over-year; full-year free cash flow conversion is targeted at 60% to 65% of adjusted EBITDA, the net leverage ratio target is 2.5x or below, and the 3-year plan targets 12.5% or slightly higher adjusted EBITDA margin by the end of 2028, including $80 million in transformative cost savings in 2028.

  • Third-Quarter Revenue and Adjusted EBITDA Beat GuidanceThird-quarter revenue was $1.03 billion and adjusted EBITDA was $106.3 million, both surpassing the high end of guidance. Adjusted EBITDA margin was 10.3%, at the top end of the guidance range.
  • Commercial and Federal Revenue GrowthCommercial segment revenue was $719.9 million, up 1.2% year-over-year, while Federal Government revenue was $311.5 million, up 3.8% year-over-year. Both segments contributed to revenue outperformance.
  • Strong Federal Bookings and BacklogFederal contract awards totaled $584.4 million, representing a 1.9x book-to-bill for the quarter and 0.9x on a trailing 12-month basis. Federal backlog was approximately $2.9 billion at quarter end, with a 2.5x coverage ratio based on trailing 12-month revenue.
  • Commercial Consulting Book-to-Bill and Customer InvestmentSustained customer investment in AI, IT modernization and cloud transformation helped drive a commercial consulting book-to-bill of 1.1x on a trailing 12-month basis. Strength was reported in data and AI, security and risk, and enterprise platform solutions.
  • Growth Across Commercial VerticalsSequential growth was led by TMT and business services, both growing high single digits from the second quarter. Year-over-year, TMT grew mid-teens and business services grew high single digits. Utilities customers grew high teens, insurance accounts grew high single digits, and diversified financials grew low double digits.
  • National Security and Civilian Agency GrowthNational Security revenue improved strong double digits year-over-year and grew mid-single digits sequentially, primarily driven by cybersecurity contracts with the Department of Homeland Security and CISA. Civilian agency growth included technology infrastructure work for the Department of Veterans Affairs and managed cybersecurity work for CMS.
  • Security and Risk MomentumSecurity and risk bookings were up over 40% year-to-date compared with the first nine months of 2025, while the security and risk pipeline increased in the mid-teens since the end of the third quarter.
  • Positioning Across the Enterprise AI StackEverforth described capabilities spanning foundational infrastructure, data and AI, cybersecurity, cloud, enterprise applications and physical AI. The company is helping customers move from AI experimentation toward production and scale through data integration, security, governance, change management and operating-process expertise.
  • Expanded Technology Partnerships and AI CertificationsEverforth expanded relationships with AWS and Microsoft, extended AWS premier-tier capabilities across its portfolio and aligned commercial and federal capabilities under a coordinated Microsoft go-to-market model. The company is an official member of the Salesforce for deployed engineer partner network and was among the first Workday partners certified to implement Paradox and HiredScore.
  • Hyperscaler and Data Center ExecutionEverforth is engaged in data center services across the world's four largest hyperscalers. The company secured a multiyear data center contract in a highly competitive labor market and assembled the engineering team within a matter of a few weeks.
  • Expansion Into Physical and Agentic AIHyperscaler work now extends to robotics, with Everforth helping a global hyperscaler install, commission and bring robotic systems into production across North America and Europe. The company is also building AI-powered workflow automation, including an assistant within a media and entertainment customer's Microsoft environment to automate employee cybersecurity requests.
  • Government AI, Cybersecurity and Data Platform WorkEverforth is building secure data platforms and applications for the Department of War, supporting the existing SUNet environment and advancing SUNet 2.0 for AI and machine learning development. Through DHS's CDM program, the company onboarded 100% of the agency's CDM dashboards and provides a unified view of threats and vulnerabilities across the federal civilian executive branch through its SIEM-as-a-Service offering.
  • Proprietary Security and Compliance OfferingsThe company highlighted its Enclave Factory for deploying secure compliant environments across classified and unclassified networks, an AI-driven security triage capability in its Enterprise SOC, and an AI-driven regulatory change management and compliance platform developed through Everforth AI Studio.
  • Enterprise Platform and Digital Engineering WinsEverforth signed a three-year Workday gold-tier support contract with a domestic airline and secured its first major Salesforce professional-services co-delivery engagement with a global food and snacking company. It is also consolidating four operating segments of a U.S. food producer into a single ERP environment and modernizing front-, middle- and back-office processes for a global automaker's financial services arm.
  • Improving Booking Quality and VisibilityManagement said the average deal size of bookings has increased consistently over the last three quarters, with more longer-duration ERP, Workday, managed-services and Quinnox-related contracts. Management also said visibility is better than it has ever been because bookings are realized in advance, government work generally lasts approximately five to seven years, and volumes are up in both businesses.
  • Growing Partner-Influenced BookingsBookings influenced by the company's top five or six consulting partners are moving into the high 40% to 50% range. Management cited continued momentum across Workday, AI data center build-out, defense contractor work, AI, cybersecurity, application modernization and application engineering.
  • Quinnox Integration and Offshore ExpansionEverforth said it is already expanding capabilities organically through the Quinnox platform in India, including data and AI, ServiceNow, enterprise software and managed services. The company is using its onshore, nearshore and offshore footprint to rebalance delivery based on margin profile, complexity and time zone requirements.
  • Debt Repayment and Strategic Cost-Savings ProgressEverforth repaid $52.8 million of debt in the third quarter, including $43.8 million of term loans and revolver debt and $9 million of senior unsecured notes repurchased in the open market at a discount. Strategic cost-savings initiatives were progressing as planned, with targeted initiatives expected to generate $80 million of transformative cost savings in 2028.
  • Long-Term Margin TargetManagement reaffirmed its three-year target of reaching a 12.5% or slightly higher adjusted EBITDA margin by the end of 2028, supported by growth, gross margin expansion and transformative cost savings.

CH:EFOR Earnings History

CH:EFOR earnings history
Report DateFiscal QuarterForecast / EPSLast Year's EPSEPS YoY ChangePress Release
Feb 10, 20272026 (Q4)0.85-0.95――
Oct 28, 20262026 (Q3)0.850.921.08-15.27% (-0.16)
Jul 29, 20262026 (Q2)0.670.750.97-22.22% (-0.21)
Apr 22, 20262026 (Q1)0.810.570.76-25.00% (-0.19)
Feb 04, 20262025 (Q4)0.970.951.06-10.16% (-0.11)
Oct 22, 20252025 (Q3)1.011.081.18-8.39% (-0.10)
Jul 23, 20252025 (Q2)0.890.971.12-13.97% (-0.16)
Apr 23, 20252025 (Q1)0.780.760.96-20.69% (-0.20)
Feb 05, 20252024 (Q4)1.001.061.2-11.72% (-0.14)
Oct 23, 20242024 (Q3)1.121.181.39-14.88% (-0.21)

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