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Information Services Group (III) earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Nov 2, 2026 · Information Services Group (III) Q3 2026 earnings results →

Q3 2026 Revenue up 4% year over year to $65.1M · 5¢ of every $1 of revenue kept as net profit · operating margin 9.9%

Information Services Group made $65.1M in Q3 2026 (+4% Y/Y). Operating margin 9.9%, net earnings $3.4M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 2, 2026.

Revenue$65.1M
Year over year+4%
Operating margin9.9%
Net earnings$3.4M
Operating cash flow$12.3M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $65.1M in Q3 2026, up 4% year over year and down 1% from the previous quarter.

Operating profit was $6.5M, a 9.9% margin (up 2.6 points year over year). Of the extra revenue versus Q3 2025, 68% reached operating profit, above the 7% margin then. Total costs grew 2% against revenue growth of 4%. Net earnings were $3.4M, up 10% year over year. The effective tax rate was 42.4%.

Operating cash flow was $12.3M (up 11% year over year), 364% of net earnings. Non-cash charges added back $1.1M of depreciation and amortization and $2.2M of share-based compensation. Working capital and other items added $5.6M. Capital expenditures of $765K left free cash flow of $11.5M.

Quarterly history

Information Services Group revenue by quarterInformation Services Group revenue by quarter$59.6MQ1 2025$61.6MQ2 2025$62.4MQ3 2025$61.2MQ4 2025$61.2MQ1 2026$65.5MQ2 2026$65.1MQ3 2026
Information Services Group net earnings by quarterInformation Services Group net earnings by quarter$1.5MQ1 2025$2.2MQ2 2025$3.1MQ3 2025$2.6MQ4 2025$2.7MQ1 2026$3.3MQ2 2026$3.4MQ3 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 202610-QNov 2, 2026$65.1M+4%9.9%$3.4M$12.3M
Q2 202610-QAug 6, 2026$65.5M+6%8.9%$3.3M$5.2M
Q1 202610-QMay 8, 2026$61.2M+3%8.2%$2.7M−$672K
Q4 202510-KMar 6, 2026$61.2M+6%8.4%$2.6M$5.1M
Q3 202510-QNov 3, 2025$62.4M+2%7.4%$3.1M$11.1M
Q2 202510-QAug 7, 2025$61.6M-4%7.6%$2.2M$11.9M
Q1 202510-QMay 9, 2025$59.6M-7%5.7%$1.5M$978K

Charts

Information Services Group: revenue growth, year over year and quarter over quarterInformation Services Group: revenue growth, year over year and quarter over quarterY/YQ/Q-7%Q1 2025-4%+3%Q2 2025+2%+1%Q3 2025+6%-2%Q4 2025+3%0%Q1 2026+6%+7%Q2 2026+4%-1%Q3 2026
Latest (Q3 2026): Y/Y +4%, Q/Q -1%.
Information Services Group: where the cash came from (+) and went (−), TTM to Q3 2026Information Services Group: where the cash came from (+) and went (−), TTM to Q3 2026Operating cash flow$21.9MDividends−$9.2MBuybacks−$7.1MTaxes on employees’ shares−$3.1MCapital spending−$2.9MShares issued$669KExchange rates−$435KCash drawn (+) / kept (−)$192KNet borrowing (+) / repaid (−)−$29K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Information Services Group: profit against cash, quarter by quarterInformation Services Group: profit against cash, quarter by quarterNet incomeOperating cash flow$3.0M$6.6MQ4 2024$1.5M$978KQ1 2025$2.2M$11.9MQ2 2025$3.1M$11.1MQ3 2025$2.6M$5.1MQ4 2025$2.7M−$672KQ1 2026$3.3M$5.2MQ2 2026$3.4M$12.3MQ3 2026
Latest (Q3 2026): Net income $3.4M, Operating cash flow $12.3M.
Information Services Group: diluted shares by fiscal yearInformation Services Group: diluted shares by fiscal year50MFY202052MFY202150MFY202250MFY202350MFY202450MFY2025
+0.7% since FY2020: more shares outstanding (issuance, stock pay).
Information Services Group in its industry: growth against margin (30 companies, SIC 8742)Information Services Group in its industry: growth against margin (30 companies, SIC 8742)revenue growth, year over year →↑ operating marginmedian +4%median 2%BAHGASTHFCNHURNICFIONTEXPORMRBWMNHCKTPPHCTSSIMHHAERTCTMCISOACCSPBSVRTBLBRAEUBGELVGGRNQHapi Metaverse Inc.RDSCYSGLCybriatech IncLEENIII (+4%, 10%)
Services-Management Consulting Services; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Information Services Group

Unless the context otherwise requires, Information Services Group, Inc., the registrant, is referred to in this Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the “Form 10-K”) as the “Company,” “ISG”, “we,” “us” and “our.” Information Services Group, Inc. (Nasdaq: III) is a global AI-centered technology research and advisory firm. A trusted partner to more than 900 clients, including 75 of the world’s top 100 enterprises, ISG is a long-time leader in technology and business services that is now at the forefront of leveraging AI to help organizations achieve operational excellence and faster growth.

In its own words, from its 10-K, filed Mar 6, 2026.

Information Services Group against its Services-Management Consulting Services peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +4% against the peers' median +6%. Operating margin: 9.9% against the peers' median 9.3%.

CompanyQuarterRevenueY/YOp. margin
III Information Services GroupQ3 2026$65.1M+4%9.9%
BAH Booz Allen Hamilton HoldingQ2 FY27$2.8B-4%8.8%
G GenpactQ3 2026$1.4B+7%15.2%
ASTH Astrana HealthQ3 2026$1.0B+7%3.9%
FCN FTI ConsultingQ3 2026$1.0B+6%8.9%
HURN Huron Consulting GroupQ3 2026$491M+11%12.0%
ICFI ICF InternationalQ3 2026$470M+1%9.3%
ONT OnterrisQ3 2026$203M-10%6.0%
EXPO ExponentQ3 2026$174M+18%24.1%

Source: Information Services Group 10-Q on SEC EDGAR · CIK 1371489 · Services-Management Consulting Services

Guidance and outlook

Information Services Group: what its forward-looking statements are about (10-Q filed 2026-11-02)Information Services Group: what its forward-looking statements are about (10-Q filed 2026-11-02)Other3Margins3Supply chain1Costs1Capital spending1
9 statements; tone -0.11 (−1 all cautious, +1 all confident); 2 hedged.
Information Services Group: outlook statements against the filing beforeInformation Services Group: outlook statements against the filing beforeCautious1

13F: who owns III and who is buying

Largest holders of III (13F)Largest holders of III (13F)Private Capital Management, LLC$20.0MCerity Partners LLC$19.1MVanguard Group$12.9MBlackRock$12.8MRenaissance Technologies LLC$7.7MVanguard Capital Management LLC$6.8MDimensional Fund Advisors LP$6.6MEssex Investment Management Co LLC$4.3MHillsdale Investment Management$4.0MGeode Capital Management, LLC$3.9M
Funds' net buying of III by quarter (13F)Funds' net buying of III by quarter (13F)$1.7M2024-09$110K2024-12$1.3M2025-03$8.2M2025-06$5.8M2025-09$6.3M2025-12−$1.7M2026-03$4.8M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on III

History

Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results

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