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How Ibex (IBEX) makes money
Ibex (IBEX) made $175M of revenue in the first quarter fiscal 2027 (Q1 FY27), +16% from a year earlier. Of every dollar of revenue, 10¢ was left as operating profit, 8¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q1 FY27 | % of revenue |
|---|---|---|
| Revenue | $175M | 100.0% |
| Operating profit | $18.3M | 10.4% |
| Income tax | $3.5M | 2.0% |
| Net earnings | $14.8M | 8.4% |
| Operating cash flow | $16.3M | 9.3% |
| Free cash flow | $9.2M | 5.2% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q1 FY27 | $175M | +16% |
| Q4 FY26 | $164M | +12% |
| Q3 FY26 | $164M | +17% |
| Q2 FY26 | $164M | +17% |
| Q1 FY26 | $151M | +16% |
| Q4 FY25 | $147M | +18% |
| Q3 FY25 | $141M | +11% |
From Ibex's 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does Ibex make money?
Ibex (IBEX) made $175M of revenue in the first quarter fiscal 2027 (Q1 FY27), +16% from a year earlier. Of every dollar of revenue, 10¢ was left as operating profit, 8¢ was left as net earnings.
What is Ibex's profit margin?
Net earnings were $14.8M, 8.4% of revenue, in the first quarter fiscal 2027; the operating margin was 10.4%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.