Everforth Q2 net income falls 51.5% to $14.2M as margins compress and federal awards shrink

Filed July 31, 2026 · Period ending June 30, 2026 · Compared to 10-Q Jul 30, 2025 · ~1 min read

Key Changes

• high

  Net income dropped 51.5% to $14.2M, with diluted EPS down 47.8% to $0.35, on lower revenue, gross margin compression, higher SG&A, and higher interest expense.

  MD&A: Net income verify on EDGAR →
• high

  Operating cash flow halved to $70.7M from $141.7M.

  MD&A: Cash flow verify on EDGAR →
• high

  Long-term debt rose to $1.44B from $1.21B to fund the $290M Quinnox acquisition, and the revolver was expanded to $600M post-quarter.

  Notes: Debt & acquisition view on EDGAR →