ASGN Q1 2026 net income falls to $5.5 million; revenue flat at $968.3 million
ASGN Incorporated reported first-quarter 2026 revenue of $968.3 million, flat from a year earlier, but net income fell to $5.5 million ($0.13 per diluted share) from $20.9 million ($0.48) and Adjusted EBITDA fell to $83.6 million from $93.6 million. The company said $12.8 million of acquisition, integration and strategic planning expenses were not in its prior guidance, and it expects second-quarter net income of $8.0 million to $13.7 million. The company is renaming itself Everforth, Inc., with new NYSE ticker EFOR effective April 24, 2026.
Key points
- Q1 2026 revenue was $968.3 million, flat versus Q1 2025 and in line with the guidance range; Commercial Segment revenue rose to $675.5 million while Federal Government Segment revenue fell to $292.8 million
- Net income was $5.5 million ($0.13 per diluted share), down from $20.9 million ($0.48) in Q1 2025; gross margin was 27.5%, down 90 basis points
- Adjusted EBITDA was $83.6 million (8.6% of revenues) versus $93.6 million (9.7%) a year earlier
- Q2 2026 estimates: revenue of $970.0 million to $1.0 billion and net income of $8.0 million to $13.7 million (diluted EPS $0.19 to $0.33)
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 22, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.