Everforth says AI and modernization demand drove Q3 2026 commercial revenue growth
EFOR•Everforth reported third-quarter 2026 revenue of $1.03 billion and adjusted EBITDA of $106.3 million, both above guidance. It projected fourth-quarter revenue of $965 million to $995 million and adjusted EBITDA of $93 million to $103 million.
1. Quarterly results and outlook
Everforth reported third-quarter revenue of $1.03 billion, exceeding guidance on stronger commercial and federal performance. Adjusted EBITDA was $106.3 million, above guidance, while its 10.3% margin matched the upper end of expectations. Commercial revenue rose 1.2% to $719.9 million, supported by customer investment in AI, IT modernization and cloud transformation; federal revenue increased 3.8% to $311.5 million, with national security growth primarily driven by cybersecurity contracts. Management projected fourth-quarter revenue of $965 million to $995 million and adjusted EBITDA of $93 million to $103 million.
