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How Everforth (EFOR) makes money

Everforth (EFOR) made $1.0B of revenue in the third quarter 2026 (Q3 2026), +2% from a year earlier. Commercial brought in $720M (70%); Federal Government brought in $312M (30%). Of every dollar of revenue, 28¢ was left as gross profit, 5¢ was left as operating profit, 2¢ was left as net earnings.

Drawing the Sankey…

Everforth revenue by segment, Q3 2026Everforth revenue by segment, Q3 2026Commercial$720MFederal Government$312M
Everforth: revenue by line, Q1 2026 to Q3 2026Everforth: revenue by line, Q1 2026 to Q3 2026CommercialFederal GovernmentCommercial: $720M latest$720MFederal Government: $312M latest$312MQ1 2026Q2 2026Q3 2026
The mix barely moved between Q1 2026 and Q3 2026.
Everforth revenue by quarterEverforth revenue by quarter$968MQ1 2025$1.0BQ2 2025$1.0BQ3 2025$980MQ4 2025$968MQ1 2026$1.0BQ2 2026$1.0BQ3 2026
Everforth: where each dollar of revenue goesEverforth: where each dollar of revenue goesCost of revenue72¢Gross profit28¢Operating expenses23¢Operating profit5¢Income tax1¢Net earnings2¢Operating cash flow6¢Free cash flow5¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Commercial$720M69.8%+3%+1%
Federal Government$312M30.2%+2%+4%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$1.0B100.0%
Cost of revenue$740M71.7%
Gross profit$292M28.3%
Operating expenses$235M22.8%
Operating profit$56.6M5.5%
Income tax$13.3M1.3%
Net earnings$23.1M2.2%
Operating cash flow$58.7M5.7%
Free cash flow$46.5M4.5%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$1.0B+2%
Q2 2026$1.0B-1%
Q1 2026$968M0%
Q4 2025$980M-0.5%
Q3 2025$1.0B-2%
Q2 2025$1.0B-1%
Q1 2025$968M-8%

From Everforth's 10-Q filed Oct 30, 2026 (on EDGAR).

Questions

How does Everforth make money?

Everforth (EFOR) made $1.0B of revenue in the third quarter 2026 (Q3 2026), +2% from a year earlier. Commercial brought in $720M (70%); Federal Government brought in $312M (30%). Of every dollar of revenue, 28¢ was left as gross profit, 5¢ was left as operating profit, 2¢ was left as net earnings.

What is Everforth's biggest business?

Commercial: $720M in the third quarter 2026, 70% of revenue, +1% from a year earlier.

What is Everforth's profit margin?

Net earnings were $23.1M, 2.2% of revenue, in the third quarter 2026; the operating margin was 5.5%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.