EFORNYSEServices-Help Supply ServicesUS GAAP · USD

Everforth Inc

Everforth Inc is the new parent brand for a U.S.-based technology and professional services group built around IT consulting, digital engineering, and talent-based project delivery. The company operates through Commercial and Federal Government segments and serves clients across cloud, data and AI, software engineering, cybersecurity, customer experience, and enterprise platforms.

Revenue3,980m USD
−2.9 %y/y
Operating profit (EBIT)230m USD
−24.3 %y/y
EBIT margin5.8%
−1.6 ppy/y
Net income114m USD
−35.2 %y/y
Free cash flow288m USD
−21.0 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

01,0002,0003,0004,0005,000m USD2020: 3,951 m USD2020: EBIT 310 m USD20202021: 4,010 m USD2021: EBIT 351 m USD20212022: 4,581 m USD2022: EBIT 410 m USD20222023: 4,451 m USD2023: EBIT 364 m USD20232024: 4,100 m USD2024: EBIT 304 m USD20242025: 3,980 m USD2025: EBIT 230 m USD20253,980230
RevenueOperating profit (EBIT)

Business

Share of revenue
IT Consulting62 %

Higher-value advisory and delivery work in cloud, data, AI, cybersecurity, and enterprise transformation.

Assignment Services38 %

Temporary billable IT and creative professionals placed on project-based client engagements.

Commercial Segment Services70 %

Consulting, creative digital marketing, and permanent placement services for enterprise clients.

Federal Government Services30 %

Advanced IT solutions delivered to U.S. government agencies and related public-sector customers.

Customers

Customers are primarily large commercial enterprises and U.S. federal government organizations that need specialized IT talent and delivery teams. Commercial buyers use the company for consulting, project staffing, and digital transformation work, while government customers buy mission-critical technology services in areas such as cybersecurity, cloud, data, and enterprise modernization.

Large commercial enterprises

Buy consulting, digital engineering, and assignment talent for transformation and project delivery.

U.S. federal government agencies

Buy advanced IT solutions for cybersecurity, cloud, AI, and enterprise modernization programs.

Mid-market commercial clients

Buy specialized IT and creative services when they need flexible access to technical talent.

Defense and intelligence customers

Buy mission-focused technology services tied to secure systems and national security needs.

Strategy

The company is focused on expanding higher-value consulting and digital engineering work in cloud, data and AI, cybersecurity, and enterprise platforms. It also uses acquisitions, proprietary assets, and a single talent pool to deepen capabilities, broaden industry coverage, and improve delivery flexibility across commercial and government markets.

Grow higher-value consultingMedium term

Consulting work increases revenue visibility and deepens client relationships versus pure staffing.

Use acquisitions to broaden capabilitiesMedium term

Acquisitions add solution depth, industry expertise, and new contract opportunities.

Leverage a flexible talent platformShort term

A shared talent pool helps assemble teams quickly and match client needs efficiently.

Geography

The business is overwhelmingly U.S.-based, with virtually all revenue generated in the United States. It also maintains offices across the U.S. and smaller operating or delivery footprints in Canada, Europe, Mexico, and India to support client delivery and talent access.

Risks

The business depends on retaining clients, winning new contracts, and matching specialized talent to project needs in a highly competitive services market. It also faces exposure to U.S. government spending priorities, cybersecurity incidents, contract termination risk, and integration risk from acquisitions and technology changes.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Client retention and contract loss1Competitive pressure in IT services2U.S. federal budget and procurement changes3Cybersecurity and data breach exposure4Acquisition integration risk5
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Client retention and contract lossImpact: HighLikelihood: Medium

    Many agreements can be terminated at will, so lost contracts can quickly reduce revenue.

    Exposure: Commercial and government services

  2. Competitive pressure in IT servicesImpact: HighLikelihood: Medium

    The market is fragmented and clients can switch among consulting firms and staffing providers.

    Exposure: Consulting and assignment services

  3. U.S. federal budget and procurement changesImpact: HighLikelihood: Medium

    Federal revenue depends on government spending priorities and contract awards.

    Exposure: Federal Government segment

  4. Cybersecurity and data breach exposureImpact: HighLikelihood: Medium

    The company handles client systems and confidential information, making it a target for attacks.

    ExposureIT systemsClient dataDelivery operations
  5. Acquisition integration riskImpact: MediumLikelihood: Medium

    Bought businesses can bring incompatible systems, security weaknesses, and integration costs.

    Exposure: Post-acquisition operations and controls

Accounting

Judgemental items
Goodwill and acquired intangible assets

Valuation depends on management forecasts, discount rates, and royalty assumptions, which can drive impairment charges.

Impact: Could materially affect earnings and balance sheet carrying values

Revenue recognition on consulting and assignment contracts

Different contract types can recognize revenue differently over time and affect comparability.

Impact: Affects reported revenue mix and gross profit timing

Workers' compensation reserves

Loss reserves are based on actuarial estimates and claims experience.

Impact: Can change operating expenses and liabilities

Deferred compensation plan accounting

Plan assets and liabilities remain on the balance sheet until final distribution.

Impact: Affects current assets, current liabilities, and cash flow presentation

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Everforth Inc (EFOR) Revenue, Earnings & Financials 2025 – Clarifo