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% | - | - |
| 2021 |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 286.27 | 291.05 | 247.58 | 244.72 |
| Operating Revenue | - | 286.27 | 291.05 | 247.58 | 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 |
| Selling General And Administration | - | 81.77 | 91.27 | 85.63 | 83.07 |
| Total Expenses | - | 256.79 | 276.44 | 241.83 | 226.93 |
| Operating Income | - | 29.48 | 14.61 | 5.76 | 17.80 |
| Total Operating Income As Reported | - | 29.48 | 14.61 | 5.76 | 17.80 |
| EBITDA | - | 35.21 | 21.21 | 16.95 | 23.14 |
| Normalized EBITDA | - | 35.04 | 21.37 | 12.43 | 22.48 |
| EBIT | - | 29.84 | 14.95 | 11.06 | 18.60 |
| Interest Income | - | 0.19 | 0.50 | 0.78 | 0.15 |
| Interest Expense | - | 3.16 | 6.19 | 5.84 | 4.07 |
| Net Interest Income | - | -2.97 | -5.69 | -5.06 | -3.92 |
| Other Income Expense | - | 0.17 | -0.16 | 4.53 | 0.66 |
| Interest Income Non Operating | - | 0.19 | 0.50 | 0.78 | 0.15 |
| Interest Expense Non Operating | - | 3.16 | 6.19 | 5.84 | 4.07 |
| Net Non Operating Interest Income Expense | - | -2.97 | -5.69 | -5.06 | -3.92 |
| Pretax Income | - | 26.68 | 8.76 | 5.23 | 14.54 |
| Tax Provision | - | 6.96 | 2.61 | 2.39 | 5.20 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0.04 | -0.05 | 0.95 | 0.23 |
| Net Income Continuous Operations | - | 19.73 | 6.15 | 2.84 | 9.34 |
| Net Income From Continuing And Discontinued Operation | - | 19.73 | 6.15 | 2.84 | 9.34 |
| Net Income From Continuing Operation Net Minority Interest | - | 19.73 | 6.15 | 2.84 | 9.34 |
| Net Income | - | 19.73 | 6.15 | 2.84 | 9.34 |
| Net Income Common Stockholders | - | 19.73 | 6.15 | 2.84 | 9.34 |
| Net Income Including Noncontrolling Interests | - | 19.73 | 6.15 | 2.84 | 9.34 |
| Normalized Income | - | 19.60 | 6.26 | -0.74 | 8.92 |
| Diluted NI Availto Com Stockholders | - | 19.73 | 6.15 | 2.84 | 9.34 |
| Basic Average Shares | - | 48.18 | 48.61 | 48.78 | 48.16 |
| Diluted Average Shares | - | 50.42 | 50.18 | 50.05 | 50.33 |
| Reconciled Depreciation | - | 5.37 | 6.26 | 5.89 | 4.54 |
| Reconciled Cost Of Revenue | - | 169.65 | 178.91 | 150.31 | 139.32 |
| Total Unusual Items | - | 0.17 | -0.16 | 4.53 | 0.66 |
| Total Unusual Items Excluding Goodwill | - | 0.17 | -0.16 | 4.53 | 0.66 |
| Special Income Charges | - | - | 0 | 4.53 | 0.72 |
| Gain On Sale Of Business | - | - | 0 | 4.53 | 0.72 |
| Gain On Sale Of Security | - | 0.17 | -0.16 | -0.01 | -0.06 |
| 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 |
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 | $208M | 22.23β premium | 2.19 | 9.9% | 10.77 |
| Commerce.com, Inc. | CMRC | $235M | -12.14 | 5.97 | -49.1% | 55.05 |
| Inseego Corp. | INSG | $228M | 272.12 | -56.39 | -20.7% | 18.42 |
| Immersion Corporation | IMMR | $219M | 3.41 | 0.74 | 21.6% | 2.48 |
| Kaltura, Inc. | KLTR | $218M |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| -18.06 |
| 34.44 |
| -190.7% |
| -104.62 |
| KULR Technology Group, Inc. | KULR | $212M | -3.42 | 1.74 | -50.9% | -3.32 |
| eGain Corporation | EGAN | $207M | 6.41 | 2.56 | 40.0% | 25.25 |
| ReposiTrak, Inc. | TRAK | $183M | 26.28 | 3.70 | 14.1% | 17.22 |
| Domo, Inc. | DOMO | $175M | - | - | 31.9% | - |
| Peer Median | - | 3.41 | 2.56 | -3.3% | 17.22 | |