Filing Flows › Ibex (IBEX) › Q1 FY27
Ibex (IBEX) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Nov 5, 2026
Ibex (IBEX) reported revenue of $175M for the first quarter fiscal 2027 (Q1 FY27), +16% from a year earlier and +7% from the quarter before. Operating margin was 10.4%, net earnings $14.8M (8.4% of revenue).
Ibex, Q1 FY27: revenue $175M (+16% year over year), operating margin 10.4%, net earnings $14.8M, operating cash flow $16.3M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $175M | +7% | +16% |
| Operating profit | $18.3M | +86% | +34% |
| Net earnings | $14.8M | +69% | +23% |
| Operating cash flow | $16.3M | -34% | +4% |
| Free cash flow | $9.2M | — | +14% |
What changed
Revenue was $175.2M in Q1 FY27, up 16% year over year and up 7% from the previous quarter.
Operating profit was $18.3M, a 10.4% margin (up 1.4 points year over year). Of the extra revenue versus Q1 FY26, 19% reached operating profit, above the 9% margin then. Total costs grew 14% against revenue growth of 16%. The fastest-growing cost line was Cost of revenue (+14%). Net earnings were $14.8M, up 23% year over year. The effective tax rate was 19.1%.
Operating cash flow was $16.3M (up 4% year over year), 110% of net earnings. Non-cash charges added back $4.9M of depreciation and amortization and $2.9M of share-based compensation. Working capital and other items used $6.3M. After capital expenditures ($7.2M), free cash flow as the company reports it was $9.2M.
Questions
What was Ibex's revenue in the first quarter fiscal 2027?
Ibex (IBEX) reported revenue of $175M for the first quarter fiscal 2027 (Q1 FY27), +16% from a year earlier and +7% from the quarter before.
Was Ibex profitable in the first quarter fiscal 2027?
Operating profit was $18.3M (10.4% of revenue) and net earnings $14.8M.
Source: Ibex 10-Q on SEC EDGAR.