Information Services Group Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Information Services Group Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	216	270	276	266	249	278	286	291	248	245
Cost of revenue			160	153	150	168	170	179	150	139
Gross profit			116	113	99.3	109	117	112	97.3	105
Selling, general and administrative	78.9	91	95.4	92.5	83.8	78.8	81.8	91.3	85.6	83.1
Operating income	-2.59	9.16	12.7	13.4	9.27	25.3	29.5	14.6	5.76	17.8
Interest expense	2.66	6.82	6.69	6.27	3.56	2.34	3.16	6.19	5.84	4.07
Interest income	0.03	0.11	0.12	0.19	0.26	0.14	0.19	0.5	0.78	0.15
Pre-tax income	-5.32	2.1	6.11	7.14	5.87	23.1	26.7	8.76	5.23	14.5
Income tax	1.05	4.2	0.44	3.8	3.11	7.58	6.96	2.61	2.39	5.2
Net income to minority interests	0.13	0.03
Net income	-6.51	-2.13	5.68	3.34	2.76	15.5	19.7	6.15	2.84	9.34
EBITDA	5.28	21.9	20.4	20.1	15.5	30.6	34.8	20.9	11.6	22.3
EPS, basic	-0.18	-0.05	0.13	0.07	0.06	0.32	0.41	0.13	0.06	0.19
EPS, diluted	-0.18	-0.05	0.12	0.07	0.06	0.30	0.39	0.12	0.06	0.19
Shares, basic (weighted)	36.6	43	44.7	46.9	47.7	48.6	48.2	48.6	48.8	48.2
Shares, diluted (weighted)	36.6	43	46.1	47.6	50	51.8	50.4	50.2	50	50.3
Dividend per share						0.09	0.15	0.18	0.18	0.18

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	34.5	28.4	18.6	18.2	43.7	47.5	30.6	22.6	23.1	28.7
Receivables	51.3	53.4	52.9	48.4	45.5	45.5	47.6
Other current assets	5.37	4.47	3.62	4.57	3.41	4.25	4.72	8.09	9.38	6
Total current assets	106	104	98.2	99.8	115	116	115	113	91.3	94.1
Property, plant and equipment	4.79	5.23	6.64	6.01	5	5.29	5.93	6.45	6.2	6.6
Lease right-of-use assets				6.57	5.91	5.29	6.78	7.47	5.44	10.8
Goodwill	85.9	85.6	85.4	85.3	91	90.8	95	97.2	87.3	89.4
Intangible assets	35.1	25.7	20.6	16.6	15.1	12.4	14.4	12.6	3.56	3.31
Other non-current assets	2.53	1.9	0.86	0.74	5.57	4.61	2.59	5.79	3.67	1.77
Total assets	235	225	215	219	240	237	243	247	205	211
Accounts payable	9.72	7.19	8.45	8.86	11.2	16.2	15.9	11.3	9.19	10.1
Accrued liabilities	28	21.5	17.8	3.42	11.6	7.05	7.11	3.58	4.51	6.8
Deferred revenue	9.11	8.9	6.19	4.94	5.12	7.05	7.06	9.52	10.1	9.79
Short-term debt	5.55	15.5	8.25	11	4.3	4.3	4.3
Total current liabilities	52.4	53.1	40.6	41.3	50.7	56.8	51.2	46.3	38.4	40.2
Long-term debt	116	98.8	89.2	74.8	73.6	69.5	74.4	79.2	59.2	59.2
Lease liabilities				5.01	4.33	3.48	4.86	5.29	3.42	9.01
Other non-current liabilities	7.48	7.74	4.49	4.52	8.03	5.77	9.74	12.1	5.47	6.45
Total liabilities	177	161	136	129	140	138	143	145	108	116
Total debt	122	114	97.5	85.8	77.9	73.8	78.7	79.2	59.2	59.2
Paid-in capital	229	230	236	246	248	238	226	218	210	203
Retained earnings	-156	-158	-150	-147	-144	-128	-109	-103	-99.9	-90.5
Treasury stock	-8.22	-3.16	-0.2	-2.05	-0.26	-3.87	-7.49	-3.96	-4	-9.38
Other comprehensive income	-7.8	-5.67	-7.16	-7.14	-4.67	-6.94	-9.68	-8.99	-10.1	-8.17
Shareholders' equity	57	63.5	78.6	89.7	99.1	98.4	100	102	96.3	94.7
Total equity	57	63.5	78.6	89.7	99.1	98.4	100	102	96.3	94.7
Total liabilities and equity	235	225	215	219	240	237	243	247	205	211
Shares outstanding	42.1	43.6	45.4	47.5	48.2	48.9	48.3	48.7	48.5	47.8

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	-6.38	-2.1	5.68	3.34	2.76	15.5	19.7	6.15	2.84	9.34
Depreciation and amortization	7.87	12.7	7.77	6.71	6.2	5.33	5.37	6.26	5.89	4.54
Stock-based compensation	7.05	7.44	9.86	9.59	8.89	6.47	7.46	9.13	8.05	7.84
Deferred income tax	-1.9	-0.68	-0.44	1.09	0.83	-0.06	-0.53	-2.21	-1.33	1.12
Change in receivables	2.07	-6.03
Change in payables	1.73	-2.38	0.88	0.24	2.07	4.5	-0.7	-4.96	-1.55	0.63
Cash from operations	12.4	11.4	19.1	20.4	44	41.9	11.1	12.3	19.9	29
Capital expenditures	-2.36	-3.17	-4	-1.92	-1.18	-2.32	-3.42	-3.43	-2.83	-4.02
Acquisitions	-55.2	-0.89			-2.32			-1		-1.64
Cash from investing	-57.6	-4.06	-4	-1.92	-3.5	-2.32	-6.87	-4.43	19	-4.94
Debt issued	72.3
Debt repaid	-4.85	-8.54	-10.6	-12.3	-8.09	-4.3	-4.3
Stock issued	12
Share buybacks	-11.6	-2.85	-3.06	-3.43	-5.17	-16.3	-12.1	-3.5	-5.57	-9.27
Dividends paid						-4.44	-7.46	-8.69	-9.39	-9.18
Cash from financing	62.6	-16.1	-24	-18.9	-15.7	-34.1	-18.9	-16.2	-37.9	-19.5
Net change in cash	16.7	-6.47	-9.79	-0.48	25.6	3.78	-16.9	-7.86	0.35	5.6
Free cash flow	10	8.28	15.1	18.5	42.8	39.6	7.72	8.84	17	25
Interest paid	1.93	5.6	5.98	5.69	3.11	1.88	2.4	5.26	5.73	3.85
Income taxes paid	5.71	2.44	2.62	0.5	2.54	3.58	12.5	8.24	1.72	1.41

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $5.26 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	44.8%	Gross profit / revenue.
Operating margin	8.2%	Operating income / revenue.
EBITDA margin	10.0%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	7.2%	Pre-tax income / revenue.
Net margin	4.7%	Net income / revenue.
FCF margin	6.8%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	8.3%	Cash from operations / revenue.
Effective tax rate	35.6%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	12.2%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	5.7%	Net income / average total assets.
Return on invested capital (ROIC)	10.1%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue	34.8%	Selling, general and administrative expense / revenue.
Stock-based pay / revenue	2.9%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	1.5%	Capital expenditures / revenue.
D&A / revenue	1.7%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	-1.2%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	-5.1%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	-0.4%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	8.4%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	-3.3%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	1.2%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	209.1%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	-15.5%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 5y	13.9%	Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y	91.8%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	-13.8%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	7.6%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	229.0%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	-22.1%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	27.7%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	216.7%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	-21.3%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	25.9%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	46.0%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	37.6%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	-8.0%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	46.7%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	47.9%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	-10.2%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Dividend per share growth, 1y	0.0%	Dividend per share vs the same period a year earlier. Only from a positive base.
Dividend per share CAGR, 3y	6.3%	Compound annual growth of dividend per share over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y	-1.7%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	-1.9%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	-0.9%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	3.2%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	-4.6%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	-2.5%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	0.6%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-0.1%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	0.1%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	2.81x	Current assets / current liabilities.
Quick ratio	0.73x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.73x	(Cash + short-term investments) / current liabilities.
Debt / equity	0.62x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	28.9%	Total debt / total assets.
Liabilities / assets	53.2%	Total liabilities / total assets.
Net debt	$35.5M	Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA	1.42x	Net debt / EBITDA (twelve months), when EBITDA is positive.
Interest coverage	5.51x	Operating income / interest expense.
Working capital	$58.4M	Current assets - current liabilities.
Goodwill and intangibles / assets	44.9%	(Goodwill + intangible assets) / total assets.
Tangible book value	$4.0M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	1.22x	Revenue / average total assets.
Fixed asset turnover	37.5x	Revenue / average property, plant and equipment.
Days payables	28 days	365 x average accounts payable / cost of revenue.
FCF conversion	145.1%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	17.9%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$0.23	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$5.02	Revenue / diluted weighted shares.
FCF per share	$0.34	Free cash flow / diluted weighted shares.
Operating cash flow per share	$0.41	Cash from operations / diluted weighted shares.
Book value per share	$1.98	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$0.08	Tangible book value / shares outstanding.
Cash per share	$0.49	(Cash + short-term investments) / shares outstanding.
Payout ratio	78.0%	Dividends paid / net income, when net income is positive.
Dividends / FCF	53.7%	Dividends paid / free cash flow, when free cash flow is positive.
Buybacks / FCF	34.6%	Share buybacks / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$254.7M	Share price x shares outstanding.
Enterprise value	$290.1M	Market cap + total debt - cash - short-term investments.
P/E	21.8x	Market cap / net income. Only when net income is positive.
P/S	1.02x	Market cap / revenue.
P/B	2.66x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	64.3x	Market cap / tangible book value, when positive.
P/FCF	15.0x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	12.3x	Market cap / cash from operations, when positive.
EV/Sales	1.16x	Enterprise value / revenue.
EV/EBIT	14.1x	Enterprise value / operating income, when both are positive.
EV/EBITDA	11.6x	Enterprise value / EBITDA, when both are positive.
EV/FCF	17.1x	Enterprise value / free cash flow, when both are positive.
FCF yield	6.7%	Free cash flow / market cap.
Earnings yield	4.6%	Net income / market cap (the inverse of P/E).
Dividend yield	3.6%	Dividends paid over the period / market cap.
Shareholder yield	5.9%	(Dividends paid + share buybacks) / market cap.

What was Information Services Group Inc.'s revenue in fiscal 2025?

Information Services Group Inc. reported revenue of $244.7M for fiscal 2025, 1.2% lower than the year before.

Was Information Services Group Inc. profitable in fiscal 2025?

Yes. Net income was $9.3M, a net margin of 3.8%.

How much free cash flow did Information Services Group Inc. generate in fiscal 2025?

Cash from operations of $29.0M minus capital expenditures of $4.0M left free cash flow of $25.0M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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