EFOR - Everforth, Inc. Stock Analysis | Stock Taper
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Everforth, Inc.

EFOR

Everforth, Inc. NYSE
$21.18 0.38% (+0.08)

Market Cap $783.46 M
52w High $60.75
52w Low $18.50
P/E 9.41
Volume 2.48M
Outstanding Shares 41.30M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q1-2026 $968.3M $209M $5.5M 0.57% $0.13 $68.5M
Q4-2025 $980.1M $196.6M $25.2M 2.57% $0.59 $120.1M
Q3-2025 $1.01B $229M $38.1M 3.77% $0.87 $166.8M
Q2-2025 $1.02B $233.7M $29.3M 2.87% $0.67 $90.9M
Q1-2025 $968.3M $228.8M $20.9M 2.16% $0.48 $72.2M

What's going well?

Revenue is holding steady, and interest costs have come down a lot, which could help future profits if expenses are controlled. The company remains profitable, even if just barely.

What's concerning?

Margins are shrinking, expenses are rising faster than sales, and net income dropped by over three-quarters. The business is barely making money, and efficiency is getting worse.

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q1-2026 $161.2M $3.68B $1.87B $1.8B
Q4-2025 $102.3M $3.69B $1.88B $1.8B
Q3-2025 $126.5M $3.7B $1.87B $1.83B
Q2-2025 $138.9M $3.71B $1.89B $1.83B
Q1-2025 $107M $3.7B $1.91B $1.79B

What's financially strong about this company?

The company has a strong equity base, a solid current ratio, and a healthy amount of retained earnings. Debt is all long-term and manageable compared to equity.

What are the financial risks or weaknesses?

Over 70% of assets are goodwill and intangibles, which could be written down if acquisitions disappoint. Cash is still modest, and the business has little physical infrastructure.

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2025 $25.2M $102.3M $-6.6M $-61.2M $34.7M $93.7M
Q3-2025 $38.1M $83.9M $-11.9M $-84.5M $-12.4M $72M
Q2-2025 $29.3M $124.9M $-9.1M $-84.9M $31.9M $115.8M
Q1-2025 $20.9M $16.8M $-316.3M $201.2M $-98.2M $6.6M
Q4-2024 $42.4M $100.2M $-11.3M $-49.6M $38.6M $88.9M

What's strong about this company's cash flow?

The company is producing much more cash than it reports in profits, with operating cash flow and free cash flow both rising sharply. Cash balance is growing, and buybacks are well covered by cash generation.

What are the cash flow concerns?

Shareholder dilution is a concern due to large stock issuance and stock-based compensation. Working capital swings are negative this quarter, and net income fell compared to last quarter.

Revenue by Products

Product Q1-2025Q2-2025Q3-2025Q4-2025
Commercial Business
Commercial Business
$670.00M $710.00M $710.00M $700.00M
Federal Government Business
Federal Government Business
$300.00M $310.00M $300.00M $280.00M

Q1 2026 Earnings Call Summary

Read Call Summary

5-Year Trend Analysis

A comprehensive look at Everforth, Inc.'s financial evolution and strategic trajectory over the past five years.

+ Strengths

Key strengths include a large and diversified revenue base across commercial and government clients, solid gross and operating profitability supported by strong operating cash flow, and a differentiated competitive position in AI‑enabled, cloud, and mission‑critical government services. The company has built a deep bench of specialized and often security‑cleared talent, substantial long‑term client relationships, meaningful proprietary tools and frameworks, and a track record of using acquisitions to expand capabilities. Its unified Everforth brand and focus on higher‑margin consulting and solutions create additional opportunities to extract more value from its scale.

! Risks

Major risks stem from the balance sheet structure and strategic choices: heavy reliance on goodwill and other intangibles, moderate but meaningful leverage, and very tight short‑term liquidity place a premium on consistent cash generation. The acquisition‑led growth model introduces integration, execution, and potential impairment risk if acquired businesses do not perform as expected. Operationally, the company faces fierce competition for both clients and talent, exposure to government budget cycles and procurement decisions, and the possibility that rapid advances in AI and cloud could erode differentiation if rivals innovate faster or if key tools become commoditized.

Outlook

Looking ahead, Everforth appears positioned for continued relevance in high‑demand areas like AI, cloud, cybersecurity, and digital engineering, supported by strong operating cash flows and a scalable services platform. The unified brand and focus on cross‑selling and higher‑value solutions offer a path to better margins and deeper client engagement, provided execution is strong. At the same time, the company’s leveraged, acquisition‑heavy and liquidity‑tight posture means its future performance will be sensitive to sustained demand, successful integration of acquired capabilities, and disciplined capital allocation. The overall outlook is balanced: there is meaningful opportunity for value creation, but it is paired with financial and competitive risks that merit close monitoring.