IBEX (IBEX)
Market Price (10/9/2026): $44.37 | Market Cap: $-Sector: Information Technology | Industry: IT Consulting & Other Services
IBEX (IBEX)
Market Price (10/9/2026): $44.37Market Cap: $-Sector: Information TechnologyIndustry: IT Consulting & Other Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Low stock price volatilityVol 12M is 37% | Trading close to highsDist 52W High is -3.1%, Dist 3Y High is -3.1% | Key risksIBEX key risks include [1] significant client concentration and [2] margin pressure from rising labor costs coupled with rigid lease commitments. |
| Low stock price volatilityVol 12M is 37% |
| Trading close to highsDist 52W High is -3.1%, Dist 3Y High is -3.1% |
| Key risksIBEX key risks include [1] significant client concentration and [2] margin pressure from rising labor costs coupled with rigid lease commitments. |
Qualitative Assessment
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IBEX (IBEX) stock has gained about 40% since 6/30/2026 because of the following key factors:
1. IBEX reported record-breaking financial results for fiscal year 2026, which ended on June 30, 2026, significantly boosting investor confidence. The company achieved record revenue of $644.1 million, marking a 15.4% increase year-over-year. Diluted EPS surged by 32.8% to $3.13, and adjusted EPS rose by 28.3% to $3.52. Furthermore, adjusted EBITDA increased by 14.5% to $82.4 million. This strong performance, which also included record operating cash flow of $59.0 million and free cash flow of $31.2 million, underscored the company's robust operational execution and sustained growth, having delivered six consecutive quarters of double-digit revenue growth.
2. The company surpassed analyst expectations for its fiscal Q4 2026, demonstrating stronger-than-anticipated performance. For the quarter ended June 30, 2026, IBEX reported revenue of $164.3 million, exceeding analyst consensus estimates of $160.02 million. Adjusted earnings per share of $0.85 also beat the estimated $0.84. This outperformance was notably driven by significant growth in key verticals, with HealthTech revenue increasing by 42.3% and Technology revenue by 27.4% year-over-year.
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IBEX (IBEX) stock has gained about 40% since 6/30/2026 because of the following key factors:
1. IBEX reported record-breaking financial results for fiscal year 2026, which ended on June 30, 2026, significantly boosting investor confidence. The company achieved record revenue of $644.1 million, marking a 15.4% increase year-over-year. Diluted EPS surged by 32.8% to $3.13, and adjusted EPS rose by 28.3% to $3.52. Furthermore, adjusted EBITDA increased by 14.5% to $82.4 million. This strong performance, which also included record operating cash flow of $59.0 million and free cash flow of $31.2 million, underscored the company's robust operational execution and sustained growth, having delivered six consecutive quarters of double-digit revenue growth.
2. The company surpassed analyst expectations for its fiscal Q4 2026, demonstrating stronger-than-anticipated performance. For the quarter ended June 30, 2026, IBEX reported revenue of $164.3 million, exceeding analyst consensus estimates of $160.02 million. Adjusted earnings per share of $0.85 also beat the estimated $0.84. This outperformance was notably driven by significant growth in key verticals, with HealthTech revenue increasing by 42.3% and Technology revenue by 27.4% year-over-year.
3. IBEX's strategic focus and successful expansion into AI-powered and digital customer experience solutions provided a significant growth catalyst. The company has made a strategic shift towards digital and omni-channel delivery, which experienced a 24.7% growth and now accounts for 82% of total revenue. This focus is evidenced by the successful implementation of Generative AI solutions, including two strategic AI Agent wins in fiscal Q4 2026. Recognition for these efforts includes the 2026 Product of the Year Award from CUSTOMER Magazine for its Wave iX AI Virtual Agent and a Silver Globee® Award for AI-powered customer experience excellence.
4. The introduction of positive fiscal year 2027 guidance, coupled with ongoing share repurchase programs, signaled continued financial health and a commitment to shareholder value. IBEX projected fiscal year 2027 revenue to be between $700 million and $715 million, implying a healthy growth rate of 9% to 11%. Additionally, the company forecasted adjusted EBITDA to be in the range of $90 million to $94 million. These forward-looking projections, alongside the repurchase of approximately 0.5 million shares for $14.4 million during fiscal year 2026 and an authorized $20 million share repurchase program, underscored management's confidence in future performance and its dedication to enhancing shareholder returns.
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Stock Movement Drivers
Fundamental Drivers
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Market Drivers
6/30/2026 to 10/7/2026| Return | Correlation | |
|---|---|---|
| IBEX | 42.1% | |
| Market (SPY) | 4.1% | 10.0% |
| Sector (XLK) | 5.7% | -24.7% |
Fundamental Drivers
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Market Drivers
3/31/2026 to 10/7/2026| Return | Correlation | |
|---|---|---|
| IBEX | 60.9% | |
| Market (SPY) | 19.8% | 5.5% |
| Sector (XLK) | 51.7% | -8.4% |
Fundamental Drivers
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Market Drivers
9/30/2025 to 10/7/2026| Return | Correlation | |
|---|---|---|
| IBEX | 6.5% | |
| Market (SPY) | 17.6% | 22.5% |
| Sector (XLK) | 43.5% | 9.7% |
Fundamental Drivers
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Market Drivers
9/30/2023 to 10/7/2026| Return | Correlation | |
|---|---|---|
| IBEX | 179.4% | |
| Market (SPY) | 88.1% | 23.6% |
| Sector (XLK) | 150.1% | 16.1% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| IBEX Return | -31% | 93% | -24% | 13% | 78% | 13% | 131% |
| Peers Return | 37% | -28% | -27% | -24% | -18% | -36% | -71% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 14% | 108% |
Monthly Win Rates [3] | |||||||
| IBEX Win Rate | 25% | 67% | 58% | 50% | 67% | 50% | |
| Peers Win Rate | 71% | 42% | 44% | 38% | 46% | 38% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| IBEX Max Drawdown | -52% | -22% | -54% | -31% | -19% | -33% | |
| Peers Max Drawdown | -22% | -44% | -52% | -47% | -48% | -51% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: TTEC, CNXC, G, CNDT.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 10/7/2026 (YTD)
How Low Can It Go
| Event | IBEX | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -15.9% | -18.8% |
| % Gain to Breakeven | 18.9% | 23.1% |
| Time to Breakeven | 31 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -30.9% | -9.5% |
| % Gain to Breakeven | 44.8% | 10.5% |
| Time to Breakeven | 368 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -28.5% | -6.7% |
| % Gain to Breakeven | 39.9% | 7.1% |
| Time to Breakeven | 646 days | 31 days |
In The Past
IBEX's stock fell -15.9% during the 2025 US Tariff Shock. Such a loss loss requires a 18.9% gain to breakeven.
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| Event | IBEX | S&P 500 |
|---|---|---|
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -30.9% | -9.5% |
| % Gain to Breakeven | 44.8% | 10.5% |
| Time to Breakeven | 368 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -28.5% | -6.7% |
| % Gain to Breakeven | 39.9% | 7.1% |
| Time to Breakeven | 646 days | 31 days |
In The Past
IBEX's stock fell -15.9% during the 2025 US Tariff Shock. Such a loss loss requires a 18.9% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About IBEX (IBEX)
IBEX Limited (IBEX) is a global provider of technology-enabled customer lifecycle experience solutions. The company assists businesses with managing their customer interactions and enhancing the overall customer journey from initial acquisition through ongoing support. They achieve this by integrating various communication channels and employing advanced technology to streamline customer engagement and operational efficiency for their clients.
IBEX offers three primary solutions. "ibex Connect" focuses on customer engagement, providing outsourced services like customer service, technical support, and revenue generation across channels such as voice, email, chat, and social media. "ibex Digital" is geared towards customer acquisition, encompassing digital marketing and e-commerce technology solutions. Lastly, "ibex CX" provides proprietary software tools designed to measure, monitor, and manage clients' customer experience metrics.
The company serves a diverse range of industries, leveraging its network of customer engagement and acquisition delivery centers. Its clientele spans sectors including banking and financial services, delivery and logistics, health tech and wellness, high tech, retail and e-commerce, streaming and entertainment, and travel and hospitality, demonstrating a broad market reach for its specialized customer experience offerings.
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1. Teleperformance for the digital era.
2. Concentrix combined with a digital marketing agency.
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- ibex Connect: A customer engagement solution offering outsourced customer service, technical support, revenue generation, and back-office services through various communication channels.
- ibex Digital: A customer acquisition solution encompassing digital marketing, e-commerce technology, and platform solutions.
- ibex CX: A customer experience solution providing a suite of proprietary software tools for measuring, monitoring, and managing clients' customer experience.
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IBEX Limited (symbol: IBEX) sells primarily to other companies, providing technology-enabled customer lifecycle experience solutions.
The provided company description does not list the names of specific customer companies. However, it indicates that IBEX serves clients across a variety of industries, including:
- Banking and financial services
- Delivery and logistics
- Health tech and wellness
- High tech
- Retail and e-commerce
- Streaming and entertainment
- Travel and hospitality
- Utility industries
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Robert Dechant, Chief Executive Officer
Robert Dechant has served as CEO of IBEX since July 2019 and as a director since January 2021. He has been instrumental in leading IBEX's transformation into a technology-led and digitally-driven provider of end-to-end customer lifecycle and digital transformation solutions. Under his leadership, IBEX experienced significant revenue and EBITDA growth, culminating in the company's successful IPO on Nasdaq in August 2020. Prior to his current role, he held positions as CEO of IBEX Global Solutions (2015–2017) and CEO of IBEX Interactive (2017–2019). Dechant also served as Chief Sales/Marketing & Client Services Officer at Qualfon (2012–2015) and Chief Marketing & Operations Officer at Stream Global Services. He holds a B.S. in Mathematics from Fairfield University.
Taylor Greenwald, Chief Financial Officer
Taylor Greenwald joined IBEX as Chief Financial Officer in August 2023. In this role, he is responsible for overseeing the company's global financial operations, which include accounting, treasury, business planning and analysis, corporate development, and investor relations. Mr. Greenwald brings over 20 years of experience in leading financial functions for major global public organizations, including Synchronoss Technologies, Endurance International Group, and Convergys Corporation. He earned an MBA from the Massachusetts Institute of Technology Sloan School of Management and a bachelor's degree in engineering from the Georgia Institute of Technology.
David Afdahl, Chief Operating Officer
David Afdahl has served as the Chief Operating Officer of IBEX since 2018. His responsibilities include global operations, performance management, and financial results for the company. Mr. Afdahl initially joined IBEX in 2017 as the Vice President of Operations, where he was responsible for U.S. Operations. He possesses more than 23 years of operational leadership experience within the BPO industry. Before joining IBEX, he spent seven years as the Managing Director for Xerox Services, overseeing global operations, client management, and overall financial performance. Mr. Afdahl holds a B.A. degree in Anthropology from the University of Maryland.
Christy O'Connor, Chief Legal Officer & Assistant Secretary
Christy O'Connor has served as the General Counsel and Assistant Corporate Secretary for IBEX since March 2018. She has over 25 years of experience as a General Counsel and Chief Legal Officer. Prior to her tenure at IBEX, Ms. O'Connor was the Chief Legal and Compliance Officer at Alorica from 2015 through 2017, and subsequently a legal advisor there. Her previous roles also include serving as the General Counsel and Chief Legal Officer at SourceHOV from 2014 to 2015, and Deputy General Counsel for Stream Global Services from 2011 to 2014. Ms. O'Connor has experience in assisting previous employers with going public and preparing companies for sale. She holds a B.A./M.A. from the University of Chicago and a J.D. from St. Mary's University School of Law.
Julie Casteel, Chief Marketing and Strategic Accounts Officer
Julie Casteel has been with IBEX as its Chief Sales & Marketing Officer since 2012. In her role as Chief Marketing and Strategic Accounts Officer, she is responsible for the expansion of both new and existing client relationships.
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Here are the key risks to IBEX Limited's business:
- Client Concentration Risk: IBEX is significantly dependent on a limited number of key clients. For instance, the top five clients collectively represent approximately 37% of the company's revenue, with the largest single client accounting for 10% of revenue. The loss of, or a significant reduction in business from, any of these major clients could materially and adversely impact IBEX's revenue and financial performance.
- Intense Competition and Rapid Technological Change, particularly Artificial Intelligence (AI): The customer experience (CX) and Business Process Outsourcing (BPO) industry in which IBEX operates is highly competitive and is undergoing rapid transformation driven by advancements in artificial intelligence and automation. While IBEX is investing in AI initiatives to enhance competitiveness and productivity, there is a risk that these advancements may take longer to translate into direct revenue growth or that competitors could develop superior or more cost-effective solutions. The ability to continuously innovate and adapt to evolving technological standards and client demands is crucial for sustained success.
- Geopolitical and Macroeconomic Risks: Given IBEX's extensive international operations, particularly in offshore and nearshore locations such as the Philippines, Jamaica, Pakistan, and Nicaragua, the company is exposed to various geopolitical and macroeconomic risks. These risks include political and social instability, natural disasters, general economic uncertainties like inflation and rising interest rates, and foreign exchange fluctuations. Additionally, wage inflation in key offshore markets could exert pressure on operating margins.
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Addressable Markets for IBEX Limited's Main Products and Services
ibex Connect (Customer Engagement, Technical Support, Revenue Generation, and Back-Office Services)
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Global Customer Experience (CX) Outsourcing Services Market: The global customer experience outsourcing services market was valued at approximately USD 116.88 billion in 2025 and is projected to grow to USD 350.43 billion by 2034.
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U.S. Customer Experience Business Process Outsourcing Market: The U.S. customer experience business process outsourcing market generated a revenue of USD 29.21 billion in 2024 and is expected to reach USD 77.62 billion by 2033.
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Global Business Process Outsourcing (BPO) Market: The global business process outsourcing market was valued at USD 327.01 billion in 2025 and is projected to reach USD 741.60 billion by 2034.
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U.S. Business Process Outsourcing (BPO) Market: The U.S. business process outsourcing market was valued at USD 96.43 billion in 2025 and is projected to reach USD 204.03 billion by 2033.
ibex Digital (Digital Marketing, E-commerce Technology, and Platform Solutions)
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Global Digital Marketing Services Market: The global digital marketing services market is likely to be valued at US$ 750.0 billion in 2026 and is projected to reach US$ 1,300.0 billion by 2033.
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U.S. SEO & Internet Marketing Market: The U.S. SEO & internet marketing market was valued at USD 103.7 billion in 2024 and is expected to increase to USD 380.2 billion by 2032.
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Global E-commerce Software Market: The global e-commerce software market size was valued at USD 11.25 billion in 2025 and is projected to grow to USD 44.32 billion by 2034.
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Global E-commerce Platform Market: The global e-commerce platform market was valued at USD 8.7 billion in 2023 and is estimated to reach USD 27.1 billion by 2032.
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Global E-commerce Market (Overall): The global e-commerce market size was accounted at USD 21.62 trillion in 2025 and is predicted to increase to USD 83.19 trillion by 2035.
ibex CX (Customer Experience Software Tools)
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Global Customer Experience Management (CEM) Software Market: The global customer experience management software market size was valued at USD 14.64 billion in 2024 and is estimated to reach USD 39.70 billion by 2033.
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Global Customer Experience (CX) Enterprise Software Market: The global Customer Experience (CX) Enterprise Software market is estimated to hit USD 12.5 billion in 2024 and is projected to reach USD 24.7 billion by 2031.
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U.S. Customer Experience Management Market: The U.S. customer experience management market size was valued at USD 3.80 billion in 2023 and is projected to grow at a CAGR of 13.6% from 2024 to 2030.
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IBEX Limited (IBEX) is expected to drive future revenue growth over the next 2-3 years through several key strategies:
- Increased Client Acquisition and Expansion: IBEX aims to expand its revenue by acquiring new clients and increasing its share with existing clients. The company has a "new logo engine" that continues to win "trophy clients" and gain significant market share from competitors.
- Growth in Digital and Omni-channel Service Offerings: The company is experiencing a favorable shift towards digital and omni-channel delivery, which has shown significant growth and constitutes a large percentage of its total revenue. These higher-margin services are expected to continue strengthening.
- Deployment and Integration of Generative AI Solutions: IBEX's strategic focus on the full-scale implementation of Generative AI solutions is anticipated to be a key driver of future growth. The company views its AI solutions, partnerships, and deployments as a competitive differentiator, with AI-driven initiatives expected to gain traction and lead to AI-first operations.
- Targeted Growth in High-Margin Verticals: Expansion within high-margin industry verticals, particularly HealthTech, is a significant growth vector. HealthTech has shown strong year-over-year growth and is projected to reach $100 million by year-end. Other strong performing verticals include Retail & E-commerce and Travel, Transportation & Logistics.
- Geographic Expansion: The company's expansion into new geographies, specifically India, is identified as a high-growth vector and a crucial driver for future revenue. IBEX has established new sites in India with a growing number of agents.
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Share Repurchases
- IBEX announced a new $15 million share repurchase plan on May 8, 2025, set to commence on May 12, 2025, and remain valid for 12 months.
- On November 19, 2024, IBEX repurchased 3,562,341 common shares from The Resource Group International, Limited (TRGI) for a total of $70 million, which led to the company no longer being a "controlled company".
- During fiscal year 2024, IBEX repurchased 1.3 million shares totaling $21.7 million.
Share Issuance
- The number of shares outstanding for IBEX has decreased, with 13.36 million shares outstanding at the end of 2025, down from 15.12 million in 2024 and 17.88 million in 2023, primarily due to share buybacks.
Capital Expenditures
- Capital expenditures for the full fiscal year 2024 were $8.9 million.
- Capital expenditures for the full fiscal year 2023 were $19.0 million.
- As of May 8, 2025, expected capital expenditures were anticipated to remain in the range of $15 million to $20 million.
Peer Outperformance in IT Consulting & Other Services
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Electronic Manufacturing Services | 9 | 63.7% | 185.7% | 385.5% | TTMI 870% · FLEX 767% · SANM 455% |
| Semiconductor Materials & Equipment | 27 | 91.1% | 106.8% | 126.6% | AXTI 890% · KLAC 534% · LRCX 530% |
| Technology Distributors | 9 | 48.0% | 87.7% | 97.7% | CLMB 420% · AVT 215% · SNX 175% |
| Electronic Components | 26 | 34.0% | 79.6% | 75.6% | CLS 3883% · BELFA 1307% · COHR 485% |
| Communications Equipment | 36 | 4.9% | 95.6% | 67.2% | AAOI 1705% · LITE 1220% · FEIM 882% |
| Semiconductors | 55 | 27.4% | 55.5% | 35.5% | POET 1721% · MU 1489% · NVDA 1045% |
| Technology Hardware, Storage & Peripherals | 20 | 23.6% | 112.9% | 33.9% | SMCI 1119% · DELL 1104% · STX 1064% |
| Internet Services & Infrastructure | 6 | -9.0% | 37.6% | 20.6% | DOCN 52% · VRSN 45% · GDDY 39% |
| Electronic Equipment & Instruments | 26 | -18.6% | 29.6% | -7.0% | PI 263% · KEYS 136% · VPG 114% |
| IT Consulting & Other Services ← | 28 | -23.3% | -10.5% | -21.5% | CHRN 520163% · TSSI 840% · APLD 826% |
| Application Software | 125 | -25.2% | -15.5% | -44.0% | VIDA 1459900% · INLX 4997% · PLTR 726% |
| Systems Software | 71 | -17.4% | 26.7% | -52.1% | QNC 581% · PAYS 471% · SANG 402% |
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| IBEX Earnings Notes | 12/16/2025 | |
| Is IBEX Stock Built to Withstand a Pullback? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 26.25 |
| Mkt Cap | 0.9 |
| Rev LTM | 4,021 |
| Op Inc LTM | 292 |
| FCF LTM | 295 |
| FCF 3Y Avg | 244 |
| CFO LTM | 365 |
| CFO 3Y Avg | 329 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -1.1% |
| Rev Chg 3Y Avg | -0.2% |
| Rev Chg Q | -6.2% |
| QoQ Delta Rev Chg LTM | -1.4% |
| Op Inc Chg LTM | 1.5% |
| Op Inc Chg 3Y Avg | -13.7% |
| Op Mgn LTM | 4.6% |
| Op Mgn 3Y Avg | 5.0% |
| QoQ Delta Op Mgn LTM | -0.1% |
| CFO/Rev LTM | 6.0% |
| CFO/Rev 3Y Avg | 4.8% |
| FCF/Rev LTM | 3.9% |
| FCF/Rev 3Y Avg | 2.6% |
Price Behavior
| Market Price | $43.16 | |
| Market Cap ($ Bil) | 0.6 | |
| First Trading Date | 08/07/2020 | |
| Distance from 52W High | -3.1% | |
| 50 Days | 200 Days | |
| DMA Price | $38.89 | $33.50 |
| DMA Trend | up | up |
| Distance from DMA | 11.0% | 28.8% |
| 3M | 1YR | |
| Volatility | 34.7% | 37.2% |
| Downside Capture | 4.51 | 82.30 |
| Upside Capture | 142.41 | 84.08 |
| Correlation (SPY) | 11.7% | 22.8% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.56 | 1.06 | 0.41 | 0.20 | 0.66 | 0.67 |
| Up Beta | -1.86 | 1.24 | -0.48 | -0.20 | 0.20 | 0.36 |
| Down Beta | 0.74 | 0.26 | -0.31 | -0.30 | 0.65 | 0.97 |
| Up Capture | 284% | 172% | 171% | 96% | 73% | 65% |
| Bmk +ve Days | 6 | 16 | 27 | 66 | 132 | 424 |
| Stock +ve Days | 14 | 28 | 40 | 73 | 133 | 406 |
| Down Capture | 38% | -6% | -40% | -11% | 92% | 83% |
| Bmk -ve Days | 16 | 26 | 37 | 60 | 120 | 328 |
| Stock -ve Days | 8 | 14 | 24 | 53 | 116 | 337 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with IBEX | |
|---|---|---|---|---|
| IBEX | 14.8% | 37.2% | 0.44 | - |
| Sector ETF (XLK) | 40.8% | 26.5% | 1.26 | 9.7% |
| Equity (SPY) | 16.8% | 13.0% | 0.92 | 22.8% |
| Gold (GLD) | 3.2% | 29.5% | 0.11 | -5.1% |
| Commodities (DBC) | 44.6% | 20.9% | 1.66 | -13.3% |
| Real Estate (VNQ) | 1.6% | 13.7% | -0.13 | 15.3% |
| Bitcoin (BTCUSD) | -31.7% | 44.2% | -0.73 | 17.7% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with IBEX | |
|---|---|---|---|---|
| IBEX | 20.1% | 47.3% | 0.54 | - |
| Sector ETF (XLK) | 22.7% | 25.9% | 0.77 | 15.4% |
| Equity (SPY) | 13.8% | 17.1% | 0.62 | 20.3% |
| Gold (GLD) | 18.4% | 18.9% | 0.79 | 3.7% |
| Commodities (DBC) | 10.3% | 19.6% | 0.40 | -3.1% |
| Real Estate (VNQ) | 0.8% | 18.8% | -0.07 | 18.2% |
| Bitcoin (BTCUSD) | 15.5% | 52.2% | 0.46 | 8.6% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with IBEX | |
|---|---|---|---|---|
| IBEX | 10.7% | 52.0% | 0.51 | - |
| Sector ETF (XLK) | 25.0% | 25.0% | 0.90 | 16.8% |
| Equity (SPY) | 15.5% | 17.9% | 0.73 | 21.1% |
| Gold (GLD) | 11.5% | 16.4% | 0.57 | 4.0% |
| Commodities (DBC) | 8.4% | 18.1% | 0.38 | 1.4% |
| Real Estate (VNQ) | 4.2% | 20.7% | 0.16 | 16.8% |
| Bitcoin (BTCUSD) | 64.0% | 66.2% | 1.04 | 7.0% |
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Returns Analyses
Earnings Returns History
Updated 9/21/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 9/10/2026 | 6.8% | 9.8% | |
| 5/6/2026 | 16.5% | 8.3% | 6.5% |
| 2/5/2026 | 2.3% | -12.9% | -12.6% |
| 11/6/2025 | -0.0% | -2.4% | -2.4% |
| 9/11/2025 | 36.5% | 37.9% | 17.8% |
| 5/8/2025 | 19.1% | 10.3% | 14.7% |
| 2/6/2025 | 10.9% | 23.3% | 12.0% |
| 11/7/2024 | -0.3% | 0.6% | 4.1% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 9 | 9 | 8 |
| # Negative | 4 | 4 | 4 |
| Median Positive | 10.9% | 9.8% | 13.3% |
| Median Negative | -4.7% | -13.6% | -10.9% |
| Max Positive | 36.5% | 37.9% | 17.8% |
| Max Negative | -25.3% | -19.0% | -12.6% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 9/10/2026 | 6.8% | 9.8% | |
| 5/6/2026 | 16.5% | 8.3% | 6.5% |
| 2/5/2026 | 2.3% | -12.9% | -12.6% |
| 11/6/2025 | -0.0% | -2.4% | -2.4% |
| 9/11/2025 | 36.5% | 37.9% | 17.8% |
| 5/8/2025 | 19.1% | 10.3% | 14.7% |
| 2/6/2025 | 10.9% | 23.3% | 12.0% |
| 11/7/2024 | -0.3% | 0.6% | 4.1% |
| 9/12/2024 | 16.9% | 19.5% | 15.5% |
| 5/9/2024 | 5.4% | 9.8% | 15.1% |
| 2/8/2024 | -9.1% | -14.3% | -11.7% |
| 11/9/2023 | 3.3% | 5.2% | 8.8% |
| 9/13/2023 | -25.3% | -19.0% | -10.1% |
| SUMMARY STATS | |||
| # Positive | 9 | 9 | 8 |
| # Negative | 4 | 4 | 4 |
| Median Positive | 10.9% | 9.8% | 13.3% |
| Median Negative | -4.7% | -13.6% | -10.9% |
| Max Positive | 36.5% | 37.9% | 17.8% |
| Max Negative | -25.3% | -19.0% | -12.6% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 09/10/2026 | 10-K |
| 03/31/2026 | 05/06/2026 | 10-Q |
| 12/31/2025 | 02/05/2026 | 10-Q |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 09/11/2025 | 10-K |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 02/06/2025 | 10-Q |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 09/12/2024 | 10-K |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 02/08/2024 | 10-Q |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 09/13/2023 | 10-K |
| 03/31/2023 | 05/17/2023 | 6-K |
| 12/31/2022 | 02/15/2023 | 6-K |
| 09/30/2022 | 11/15/2022 | 6-K |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 09/10/2026 | 10-K |
| 03/31/2026 | 05/06/2026 | 10-Q |
| 12/31/2025 | 02/05/2026 | 10-Q |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 09/11/2025 | 10-K |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 02/06/2025 | 10-Q |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 09/12/2024 | 10-K |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 02/08/2024 | 10-Q |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 09/13/2023 | 10-K |
| 03/31/2023 | 05/17/2023 | 6-K |
| 12/31/2022 | 02/15/2023 | 6-K |
| 09/30/2022 | 11/15/2022 | 6-K |
| 06/30/2022 | 10/04/2022 | 20-F |
| 03/31/2022 | 05/18/2022 | 6-K |
| 12/31/2021 | 02/16/2022 | 6-K |
| 09/30/2021 | 11/22/2021 | 6-K |
| 06/30/2021 | 10/14/2021 | 20-F |
| 03/31/2021 | 05/18/2021 | 6-K |
| 12/31/2020 | 02/18/2021 | 6-K |
| 09/30/2020 | 11/16/2020 | 6-K |
| 06/30/2020 | 10/23/2020 | 20-F |
| 03/31/2020 | 08/10/2020 | 424B4 |
| 12/31/2017 | 03/19/2018 | F-1/A |
| 09/30/2017 | 02/23/2018 | F-1 |
Recent Forward Guidance
Updated 10/4/2026Latest: Q4 2026 Earnings Reported 9/10/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2027 Revenue | Reported | 168.00 Mil | 169.00 Mil | 170.00 Mil | ||||
| Q1 2027 Revenue Growth | Reported | 11.0% | 11.5% | 12.0% | ||||
| Q1 2027 Adjusted EBITDA | Reported | 22.00 Mil | 22.50 Mil | 23.00 Mil | ||||
| Q1 2027 Adjusted EBITDA Growth | Reported | 13.0% | 15.5% | 18.0% | ||||
| 2027 Revenue | Reported | 700.00 Mil | 707.50 Mil | 715.00 Mil | 10.5% | Higher New | Guidance: 640.00 Mil for 2026 | |
| 2027 Revenue Growth | Reported | 9.0% | 10.0% | 11.0% | ||||
| 2027 Adjusted EBITDA | Reported | 90.00 Mil | 92.00 Mil | 94.00 Mil | 10.8% | Higher New | Guidance: 83.00 Mil for 2026 | |
| 2027 Adjusted EBITDA Growth | Reported | 9.0% | 11.5% | 14.0% | ||||
| 2027 Capital Expenditures | Reported | 25.00 Mil | 27.50 Mil | 30.00 Mil | 0.0% | Same New | Guidance: 27.50 Mil for 2026 | |
Prior: Q3 2026 Earnings Reported 5/6/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Revenue | Reported | 638.00 Mil | 640.00 Mil | 642.00 Mil | 2.4% | Raised | Guidance: 625.00 Mil for 2026 | |
| 2026 Adjusted EBITDA | Reported | 82.00 Mil | 83.00 Mil | 84.00 Mil | 2.5% | Raised | Guidance: 81.00 Mil for 2026 | |
| 2026 Capital Expenditures | Reported | 25.00 Mil | 27.50 Mil | 30.00 Mil | 10.0% | Raised | Guidance: 25.00 Mil for 2026 | |
Q2 2026 Earnings Reported 2/5/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Revenue | Reported | 620.00 Mil | 625.00 Mil | 630.00 Mil | 2.0% | Raised | Guidance: 612.50 Mil for 2026 | |
| 2026 Adjusted EBITDA | Reported | 80.00 Mil | 81.00 Mil | 82.00 Mil | 1.9% | Raised | Guidance: 79.50 Mil for 2026 | |
| 2026 Capital Expenditures | Reported | 25.00 Mil | 11.1% | Raised | Guidance: 22.50 Mil for 2026 | |||
Q1 2026 Earnings Reported 11/6/2025
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Revenue | Reported | 605.00 Mil | 612.50 Mil | 620.00 Mil | 2.1% | Raised | Guidance: 600.00 Mil for 2026 | |
| 2026 Adjusted EBITDA | Reported | 78.00 Mil | 79.50 Mil | 81.00 Mil | 3.2% | Raised | Guidance: 77.00 Mil for 2026 | |
| 2026 Capital Expenditures | Reported | 20.00 Mil | 22.50 Mil | 25.00 Mil | 0 | Affirmed | Guidance: 22.50 Mil for 2026 | |
Insider Activity
Updated 10/2/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Dechant, Robert Thomas | Chief Executive Officer | Direct | Sell | 9292026 | 45.02 | 5,000 | 225,096 | 11,570,404 | Form |
| 2 | Trofimuk-O'Connor, Christina Alice | Chief Legal Officer | Direct | Sell | 9162026 | 39.34 | 2,376 | 93,476 | 1,056,527 | Form |
| 3 | Inson, Paul Joseph | Chief People Officer | Direct | Sell | 9162026 | 40.07 | 2,500 | 100,165 | 1,090,751 | Form |
| 4 | Casteel, Julie K | Chief Sales/Marketing Officer | Direct | Sell | 9162026 | 40.41 | 17,474 | 706,065 | 4,073,551 | Form |
| 5 | Ballou-Aares, Daniella | Direct | Sell | 9162026 | 40.29 | 1,500 | 60,436 | 418,825 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Dechant, Robert Thomas | Chief Executive Officer | Direct | Sell | 9292026 | 45.02 | 5,000 | 225,096 | 11,570,404 | Form |
| 2 | Trofimuk-O'Connor, Christina Alice | Chief Legal Officer | Direct | Sell | 9162026 | 39.34 | 2,376 | 93,476 | 1,056,527 | Form |
| 3 | Inson, Paul Joseph | Chief People Officer | Direct | Sell | 9162026 | 40.07 | 2,500 | 100,165 | 1,090,751 | Form |
| 4 | Casteel, Julie K | Chief Sales/Marketing Officer | Direct | Sell | 9162026 | 40.41 | 17,474 | 706,065 | 4,073,551 | Form |
| 5 | Ballou-Aares, Daniella | Direct | Sell | 9162026 | 40.29 | 1,500 | 60,436 | 418,825 | Form | |
| 6 | Trofimuk-O'Connor, Christina Alice | Chief Legal Officer | Direct | Sell | 9162026 | 40.30 | 7,500 | 302,252 | 1,178,015 | Form |
| 7 | Dechant, Robert Thomas | Chief Executive Officer | Direct | Sell | 9162026 | 39.99 | 25,000 | 999,668 | 10,476,955 | Form |
| 8 | Zhuang, Mingzhe | Direct | Sell | 9162026 | 40.10 | 5,522 | 221,444 | 112,807 | Form | |
| 9 | Afdahl, David Martin | Chief Operating Officer | Direct | Sell | 9152026 | 40.07 | 10,819 | 433,483 | 5,176,110 | Form |
| 10 | Inson, Paul Joseph | Chief People Officer | Direct | Sell | 9152026 | 40.00 | 2,274 | 90,960 | 1,188,960 | Form |
| 11 | Afdahl, David Martin | Chief Operating Officer | Direct | Sell | 9102026 | 37.09 | 17,500 | 649,008 | 5,192,291 | Form |
| 12 | Casteel, Julie K | Chief Sales/Marketing Officer | Direct | Sell | 6162026 | 30.61 | 3,600 | 110,183 | 3,599,141 | Form |
| 13 | McGinnis, Patrick | Direct | Sell | 5292026 | 31.69 | 1,030 | 32,641 | 184,848 | Form | |
| 14 | Greenwald, Taylor C | Chief Financial Officer | Direct | Sell | 5272026 | 32.02 | 964 | 30,867 | 1,992,605 | Form |
| 15 | Dechant, Robert Thomas | Chief Executive Officer | Direct | Sell | 5132026 | 30.50 | 7,800 | 237,897 | 8,710,869 | Form |
| 16 | Dawson, Bruce Neil | Chief Sales and CS Officer | Direct | Sell | 5132026 | 31.12 | 15,260 | 474,824 | 1,925,900 | Form |
| 17 | Dawson, Bruce Neil | Chief Sales and CS Officer | Direct | Sell | 5132026 | 32.80 | 3,129 | 102,643 | 2,530,977 | Form |
| 18 | Ballou-Aares, Daniella | Direct | Sell | 4172026 | 35.01 | 500 | 17,505 | 372,611 | Form | |
| 19 | Ballou-Aares, Daniella | Direct | Sell | 4172026 | 24.22 | 6,000 | 145,304 | 269,854 | Form | |
| 20 | Dechant, Robert Thomas | Chief Executive Officer | Direct | Sell | 2232026 | 28.46 | 6,000 | 170,753 | 7,837,724 | Form |
| 21 | Dechant, Robert Thomas | Chief Executive Officer | Direct | Sell | 2202026 | 29.40 | 6,000 | 176,398 | 8,273,252 | Form |
| 22 | Dechant, Robert Thomas | Chief Executive Officer | Direct | Sell | 2202026 | 29.73 | 6,000 | 178,358 | 8,543,546 | Form |
| 23 | Dechant, Robert Thomas | Chief Executive Officer | Direct | Sell | 2182026 | 29.98 | 6,000 | 179,854 | 8,795,021 | Form |
| 24 | Dechant, Robert Thomas | Chief Executive Officer | Direct | Sell | 2182026 | 29.63 | 6,000 | 177,786 | 8,871,699 | Form |
| 25 | Inson, Paul Joseph | Chief People Officer | Direct | Sell | 2112026 | 34.98 | 2,627 | 91,892 | 960,866 | Form |
| 26 | Inson, Paul Joseph | Chief People Officer | Direct | Sell | 10022025 | 39.58 | 697 | 27,588 | 194,580 | Form |
| 27 | Trofimuk-O'Connor, Christina Alice | Chief Legal Officer | Direct | Sell | 10022025 | 39.58 | 1,001 | 39,621 | 552,323 | Form |
| 28 | Dawson, Bruce Neil | Chief Sales and CS Officer | Direct | Sell | 10022025 | 39.58 | 959 | 37,960 | 267,617 | Form |
| 29 | Casteel, Julie K | Chief Sales/Marketing Officer | Direct | Sell | 10022025 | 39.58 | 806 | 31,904 | 1,120,872 | Form |
| 30 | Afdahl, David Martin | Chief Operating Officer | Direct | Sell | 10022025 | 39.58 | 1,103 | 43,659 | 2,260,556 | Form |
| 31 | Greenwald, Taylor C | Chief Financial Officer | Direct | Sell | 10022025 | 39.58 | 1,275 | 50,467 | 1,444,027 | Form |
| 32 | Dechant, Robert Thomas | Chief Executive Officer | Direct | Sell | 10022025 | 39.58 | 6,711 | 265,633 | 7,908,899 | Form |
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Industry Resources
| Information Technology Resources |
| TechCrunch |
| Wired |
| CIO |
| MIT Technology Review |
| Gartner Insights |
| Ars Technica |
| IT Consulting & Other Services Resources |
| IDC |
| Forrester |
| Consultancy.org |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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