Andersen Group Third-Quarter Revenue Rises 18.7 Percent to 337.3 Million Dollars With Net Income of 68 Million and Full-Year Guidance Raised to 990 Million to 1.01 Billion
Professional services firm Andersen Group reported results for the third quarter ended September 30, 2026. Revenue was 337.3 million dollars, up 18.7 percent from 284.3 million dollars a year earlier, with growth across all reported service lines and geographic regions. Revenue for the first nine months was 795.7 million dollars, up 19.1 percent from 668.3 million dollars.
Net income under generally accepted accounting principles was 68.0 million dollars, compared with 111.1 million dollars a year earlier, for a net margin of 20.1 percent against 39.1 percent. Adjusted EBITDA rose 18.8 percent to 154.5 million dollars, with the adjusted EBITDA margin at 45.8 percent compared with 45.7 percent a year earlier.
On guidance, the company raised its 2026 revenue outlook from 980 million to 1 billion dollars to a range of 990 million to 1.01 billion dollars, and introduced 2027 guidance for the first time: revenue of 1.275 billion to 1.325 billion dollars, representing approximately 30 percent growth at the midpoint over the updated 2026 guidance.
On acquisitions, the company completed eight acquisitions and business combinations in the twelve months ended September 30, adding approximately 37.2 million dollars in annual acquired revenue and approximately 388 full-time equivalent employees. Operating cash flow for the first nine months was 142.8 million dollars.
Chairman and CEO Mark Vorsatz and CFO Neal Livingston hosted the earnings call on November 12. The company noted in its materials that the third quarter is typically its strongest, because much of its recurring work is completed during that period.
Source: Andersen Group
Published by GSM · USA (original Chinese edition)
Photo: 图：Andersen的品牌标识。来源：Andersen Tax LLC，公共领域，维基共享资源。 / Photo: The Andersen brand logo. Credit: Andersen Tax LLC, public domain, via Wikimedia Commons.
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