Filing Flows › Andersen Group (ANDG) › How it makes money
How Andersen Group (ANDG) makes money
Andersen Group (ANDG) made $218M of revenue in the second quarter 2026 (Q2 2026), +24% from a year earlier. Private Client Services brought in $102M (47%); Business Tax Services brought in $85.4M (39%); Alternative Investment Funds brought in $17.7M (8%).
Drawing the Sankey…
Revenue by segment, Q2 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Private Client Services | $102M | 47.1% | -17% | +17% |
| Business Tax Services | $85.4M | 39.2% | +6% | +37% |
| Alternative Investment Funds | $17.7M | 8.1% | -30% | +18% |
| Valuation Services | $12.1M | 5.6% | +3% | +11% |
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $218M | 100.0% |
| Operating cash flow | $69.7M | 32.0% |
| Free cash flow | $60.6M | 27.9% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $218M | +24% |
| Q1 2026 | $241M | +16% |
From Andersen Group's 10-Q filed Aug 12, 2026 (on EDGAR).
Questions
How does Andersen Group make money?
Andersen Group (ANDG) made $218M of revenue in the second quarter 2026 (Q2 2026), +24% from a year earlier. Private Client Services brought in $102M (47%); Business Tax Services brought in $85.4M (39%); Alternative Investment Funds brought in $17.7M (8%).
What is Andersen Group's biggest business?
Private Client Services: $102M in the second quarter 2026, 47% of revenue, +17% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.