Companies · EFOR
Everforth, Inc
AI-generated · informational only · not investment advice · verify before relying.
Latest analysis
Updated Oct 30, 2026
Everforth Q3 2026: 2% revenue growth masked by gross margin compression and elevated acquisition costs.
Everforth posted $1.03 billion in Q3 2026 revenue, up 2.0% year-over-year, with the Federal Government Segment growing faster (3.8%) than Commercial (1.2%). Gross margin compressed 110 basis points to 28.3%, driven by lower permanent placement mix, Mexican peso weakness, and shift toward lower-margin cloud and infrastructure services. Nine-month net income fell 52% to $42.8 million despite flat revenue growth, as SG&A integration costs nearly doubled year-over-year and interest expense rose on higher debt levels.
Tone: cautiousRevenue
$4B
EFOR 10-K · FY 2025
Employees
2,800
Revenue growth YoY
-2.9%
Founded
1992
Profile
EFOR 10-K Item 1 · Feb 25, 2026ASGN Incorporated (rebranding to Everforth) is a leading provider of IT solutions to commercial and government clients, operating through Commercial and Federal Government segments. The company delivers IT consulting, staffing, and digital engineering services across six solution areas including Cloud and Infrastructure, Data and AI, Cybersecurity, and Enterprise Platforms. It serves Fortune 1000 commercial clients and federal agencies including defense, intelligence, and civilian departments.
Read filing description ↓ Collapse description ↑
ASGN Incorporated is a leading provider of information technology (IT) solutions to the commercial and government sectors. In November 2025, ASGN announced its intent to rebrand to Everforth, a new parent brand that will unify our six brands — Apex Systems, Creative Circle, CyberCoders, ECS, GlideFast, and TopBloc — under a single identity. Everforth is a leading technology and digital engineering company with six core solution areas: (i) Cloud and Infrastructure, (ii) Data and AI, (iii) Software Development and Engineering, (iv) Customer Experience, (v) Cybersecurity, and (vi) Enterprise Platforms. Through proprietary assets, accelerators, and proven expertise, Everforth delivers measurable outcomes that help organizations adapt, innovate, and thrive. Our Company operates through two segments, Commercial and Federal Government, and across six industries, which together promote balance, strength, and resiliency throughout economic cycles. Our Company has grown through a combination of organic growth and strategic acquisitions. Over the last five years, we completed six acquisitions which align with our strategy to offer higher-end, higher-value IT consulting solutions and digital engineering capabilities. We have built a sizable consulting platform, with 62 percent of our 2025 consolidated revenues in a combination of commercial and federal government IT consulting work. We support clients across a diverse set of industries. No client, other than the U.S. federal government, represented more than 10 percent of consolidated revenues in 2025. Revenues from contracts directly with several U.S. federal government agencies in which our Federal Government Segment is a prime contractor combined were 26 percent of consolidated revenues in 2025.
Primary products
- Cloud and Infrastructure
- Data and AI
- Software Development and Engineering
- Customer Experience
- Cybersecurity
- Enterprise Platforms
Business segments
End markets
Geographies
Named customers
No client, other than the U.S. federal government, represented more than 10 percent of consolidated revenues in 2025. Revenues from contracts directly with several U.S. federal government agencies in which our Federal Government Segment is a prime contractor combined were 26 percent of consolidated revenues in 2025.
“Although we believe we compete favorably with respect to these factors and maintain an intimacy and institutional knowledge with our clients that enables us to successfully compete in the market, we expect competition to continue to increase particularly as we grow our IT consulting footprint.” Competitive position, as stated in the filing
Revenue commentary · FY 2025
Consolidated revenues were $4.0 billion in 2025, down 2.9 percent year-over-year, reflecting declines in both the Commercial Segment (down 2.7 percent) and the Federal Government Segment (down 3.3 percent), partially offset by growth in commercial consulting revenues.
The rest of EFOR is for subscribers
Analysis, signals, diligence answers, M&A activity and every quote, each citing the filing it came from.