Everforth Q3 revenue up 2.0% to $1.03B, but net income falls 39.4% to $23.1M

Filed October 30, 2026 · Period ending September 30, 2026 · Compared to 10-Q Oct 30, 2025 · ~1 min read

Key Changes

• high

  Net income fell 39.4% to $23.1M, with diluted EPS down 35.6% to $0.56, driven by gross margin compression and a higher tax rate.

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

  Gross margin compressed 110 bps to 28.3% due to lower-margin cloud/infrastructure mix and unfavorable FX.

  MD&A: Gross margin verify on EDGAR →
• high

  Operating cash flow fell 43% to $129.4M for the first nine months, driven by higher accounts receivable days sales outstanding.

  MD&A: Cash flow verify on EDGAR →