Andersen Q2 FY26 adjusted net income rises 38.8% to $39 million; revenue increases 23.7% to $217.7 million

Andersen Group posted second-quarter revenue of $217.7 million, up 23.7% from the prior-year quarter.

GAAP net loss narrowed to $10.1 million, or $0.08 a share, from a GAAP net loss of $96 million.

Non-GAAP adjusted net income rose 38.8% to $39 million, due to equity-based compensation expense falling to $48.3 million.

Six-month revenue climbed 19.4% to $458.4 million; client groups increased to 13,500, while client engagements rose to 23,800.

The company reaffirmed its 2026 outlook for revenue of about $980 million to $1 billion. Mark L. Vorsatz said the results show efficient scaling.