Loading…
Information Services Group, Inc., together with its subsidiaries, operates as an artificial intelligence (AI) centered technology research and advisory company in the Americas, Europe, and the Asia Pacific. It offers digital transformation services, including sourcing advisory and cloud and data analytics; managed governance and risk; network and software advisory; technology strategy and operations design; change management; and market intelligence. The company also provides ISG Digital, a client solution platform focused on developing technology, transformation, sourcing, and digital solutions; and ISG Enterprise, a client solution platform that helps clients manage change and optimize operations in such areas as information technology, finance, human resources, and training. In addition, it offers ISG Research, which provides market analyses, provider evaluations, and data-driven insights; ISG Network and Software Advisory portfolio; and ISG GovernX, ISG Inform, and ISG Tango software platforms, as well as ISG iFlex, a delivery model for deployment of resources. The company serves private sector clients operating in the manufacturing, banking and financial services, insurance, health sciences, energy and utilities, and consumer services industries; and public sector clients, including state and local governments, airport and transit authorities, and national and provincial government units. Information Services Group, Inc. was incorporated in 2006 and is based in Stamford, Connecticut.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $245M | $23M | $9M | $25M | 9.9% | -1.2% | 229.0% |
| 2024 | $248M | $17M | $3M | $17M | 2.9% | -14.9% | -53.9% |
| 2023 | $291M | $21M | $6M | $9M | 6.0% | 1.7% | -68.8% |
| 2022 | $286M | $35M | $20M | $8M | 19.6% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 286.27 | 291.05 | 247.59 | 244.72 |
| Cost Of Revenue | 169.65 | 178.91 | 150.31 | 139.32 |
| Gross Profit | 116.62 | 112.14 | 97.28 | 105.40 |
| Operating Expense | 87.14 | 97.53 | 91.52 | 87.61 |
| Operating Income | 29.48 | 14.61 | 5.76 | 17.80 |
| EBITDA | 35.21 | 21.21 | 16.95 | 23.14 |
| EBIT | 29.84 | 14.95 | 11.06 | 18.60 |
| Pretax Income | 26.68 | 8.76 | 5.23 | 14.54 |
| Tax Provision | 6.96 | 2.61 | 2.39 | 5.20 |
| Net Income | 19.73 | 6.15 | 2.84 | 9.34 |
| Net Income Common Stockholders | 19.73 | 6.15 | 2.84 | 9.34 |
| Total Expenses | 256.79 | 276.44 | 241.83 | 226.93 |
| Interest Expense | 3.16 | 6.19 | 5.84 | 4.07 |
| Interest Income | 0.19 | 0.50 | 0.78 | 0.15 |
| Selling General And Administration | 81.77 | 91.27 | 85.63 | 83.07 |
| Normalized EBITDA | 35.04 | 21.37 | 12.43 | 22.48 |
| Normalized Income | 19.60 | 6.26 | -0.74 | 8.92 |
| Basic EPS | 0.41 | 0.13 | 0.06 | 0.19 |
| Diluted EPS | 0.39 | 0.12 | 0.06 | 0.19 |
| Tax Effect Of Unusual Items | 0.04 | -0.05 | 0.95 | 0.23 |
| Tax Rate For Calcs | 0.26 | 0.30 | 0.21 | 0.36 |
| Total Unusual Items | 0.17 | -0.16 | 4.53 | 0.66 |
| Total Unusual Items Excluding Goodwill | 0.17 | -0.16 | 4.53 | 0.66 |
| Net Income From Continuing Operation Net Minority Interest | 19.73 | 6.15 | 2.84 | 9.34 |
| Reconciled Depreciation | 5.37 | 6.26 | 5.89 | 4.54 |
| Reconciled Cost Of Revenue | 169.65 | 178.91 | 150.31 | 139.32 |
| Net Interest Income | -2.97 | -5.69 | -5.05 | -3.92 |
| Net Income From Continuing And Discontinued Operation | 19.73 | 6.15 | 2.84 | 9.34 |
| Total Operating Income As Reported | 29.48 | 14.61 | 5.76 | 17.80 |
| Diluted Average Shares | 50.42 | 50.17 | 50.05 | 50.33 |
| Basic Average Shares | 48.17 | 48.61 | 48.78 | 48.16 |
| Diluted NI Availto Com Stockholders | 19.73 | 6.15 | 2.84 | 9.34 |
| Net Income Including Noncontrolling Interests | 19.73 | 6.15 | 2.84 | 9.34 |
| Net Income Continuous Operations | 19.73 | 6.15 | 2.84 | 9.34 |
| Other Income Expense | 0.17 | -0.16 | 4.53 | 0.66 |
| Special Income Charges | 0 | 0 | 4.53 | 0.72 |
| Gain On Sale Of Business | 0 | 0 | 4.53 | 0.72 |
| Gain On Sale Of Security | 0.17 | -0.16 | -0.01 | -0.06 |
| Net Non Operating Interest Income Expense | -2.97 | -5.69 | -5.05 | -3.92 |
| Interest Expense Non Operating | 3.16 | 6.19 | 5.84 | 4.07 |
| Interest Income Non Operating | 0.19 | 0.50 | 0.78 | 0.15 |
| Depreciation Amortization Depletion Income Statement | 5.37 | 6.26 | 5.89 | 4.54 |
| Depreciation And Amortization In Income Statement | 5.37 | 6.26 | 5.89 | 4.54 |
| Operating Revenue | 286.27 | 291.05 | 247.59 | 244.72 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Information Services Group, Inc.this co. | III | $193M | 21.26↑ premium | 2.04 | 9.9% | 10.50 |
| Nerdy Inc. | NRDY | $218M | - | 5.75 | -138.0% | -1.79 |
| Kaltura, Inc. | KLTR | $211M | - | 33.02 | -190.7% | 236.12 |
| MicroVision, Inc. | MVIS | $208M | - | 3.52 | -171.0% | -2.34 |
| eGain Corporation | EGAN | $201M |
| 5.79 |
| 2.27 |
| 40.0% |
| 14.32 |
| Richardson Electronics, Ltd. | RELL | $200M | 50.93 | 1.25 | -0.7% | 29.40 |
| Vuzix Corporation | VUZI | $198M | - | 7.83 | -93.1% | -6.39 |
| Immersion Corporation | IMMR | $194M | 10.12 | 0.63 | 11.5% | 6.19 |
| Unisys Corporation | UIS | $189M | - | -0.66 | 126.6% | 5.11 |
| Peer Median | - | 10.12 | 2.89 | -46.9% | 5.65 | |