FirmAtlas
Company handbook · III · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-16
III · CIK 1371489 · LATEST FILING: 10-Q JUN '26 · FILED AUG 6, 2026
Information Services Group Inc.
$5.65
−0.05 (−0.88%)
Close, Oct 16, 2026 · 52-week $4–6
Information Services Group (ISG) is a technology research and advisory firm. It helps companies choose and manage IT and business service providers and software, and sells research and data on those providers.
Business
- CustomersLarge companies and governments, and the technology and service providers it researches; sold by its own advisers and staff
- Cash useFY24–FY25: dividends $19M · buybacks $15M · capex $7M · acquisitions $2M
Reinvested 17% of operating cash flow · returned 80% of free cash flow
Last fiscal year
Information Services Group Inc. reported revenue of $245M for the year ended Dec 31, 2025 (FY25), down 1.2% from FY24. Net income was $9M, operating cash flow $29M and free cash flow $25M. Source: 10-K filed Mar 6, 2026.
Market cap
$270M
P/E
23.1
EV/EBITDA
13.5x
P/B
2.8
Div yield
3.19%
ROIC
8.9%
Revenue 1Y
−1.2%/yr
EPS 1Y
216.7%/yr
Shares 1Y
−2%
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Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEOMichael Connors
HQStamford, CT
AuditorPricewaterhouseCoopers LLP
Employees1,290
Year endsDecember
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
3.6%
−4.9%
9.3%
3.7%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the cash went · FY24–FY25
$42M deployed
Capex
$7M
16.4%
Acquisitions
$2M
3.9%
Dividends
$19M
44.3%
Buybacks
$15M
35.4%
Operating cash flow over the period: $49M. Total debt changed by +$0M.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
TTM = the last four quarters, to Jun '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.
Income
Revenue
248
245−1.2%
250
YoY
−1.2%
Gross profit
97
105+8.4%
112
Gross margin
39.3%
43.1%+3.8 pp
—
Operating income
6
18+209.1%
21
Operating margin
2.3%
7.3%+4.9 pp
—
EBITDA
12
22+91.8%
—
EBITDA margin
4.7%
9.1%+4.4 pp
—
Interest expense
6
4−30.3%
—
Interest coverage
2.00x
5.49x+3.50x
—
Net income
3
9+229.0%
12
YoY
+229.0%
Net margin
1.1%
3.8%+2.7 pp
—
EPS (diluted, $)
0.06
0.19+216.7%
0.23
YoY
+216.7%
Balance sheet
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
20
29+46.0%
21
Net income
3
9+229.0%
—
Depreciation & amortization
6
5−22.9%
—
Stock-based compensation
8
8−2.6%
—
Working capital & other
3
7+136.0%
—
Cash from investing
19
(5)−126.0%
—
Capex
(3)
(4)n/m
—
Acquisitions
—
(2)
—
Other investing
22
0.7−96.7%
—
Cash from financing
(38)
(20)n/m
—
Dividends
(9)
(9)n/m
—
Buybacks
(6)
(9)n/m
—
Other financing
(23)
(1)n/m
—
Net change in cash
0.3
6+1503.4%
—
Free cash flow (OCF − capex)
17
25+46.7%
17
Where the cash went
Operating cash flow
20
29+46.0%
21
Reinvested in the business
3
6+99.9%
—
% of operating cash flow
14.2%
19.5%
Capex
3
4+42.1%
4
Acquisitions
—
2
—
Free cash flow
17
25+46.7%
17
YoY
+46.7%
Returned to shareholders
15
18+23.3%
—
% of free cash flow
87.8%
73.8%
Dividends
9
9−2.2%
—
Buybacks
6
9+66.4%
—
Change in total debt
—
0.0
—
Cash left over
—
5
—
FCF conversion (FCF ÷ net income)
600.0%
267.5%−332.5 pp
—
Owner earnings
—
11
—
Owner earnings margin
—
4.4%
—
Buyback yield
3.4%
3.4%−0.1 pp
—
Returns & ratios
ROIC (all capital)
2.4%
8.9%+6.5 pp
—
Net debt / EBITDA
3.10x
1.37x−1.73x
—
Debt / equity
0.62x
0.63x+0.01x
—
ROE
2.9%
9.9%+6.9 pp
—
ROA
1.4%
4.4%+3.0 pp
—
ROCE
3.5%
10.4%+7.0 pp
—
NOPAT
3
11+265.7%
—
Invested capital (operating)
(3)
(4)n/m
—
Invested capital (all)
132
125−5.4%
—
Reinvestment rate
—
−4.5%
—
Income
Sep '25
Dec '25
Mar '26
Jun '26
Revenue
62
61
61
65
vs year-ago quarter
Gross profit
26
27
26
32
Gross margin
42.2%
44.8%
43.1%
48.8%
Operating income
5
5
5
6
Net income
3
3
3
3
vs year-ago quarter
Net margin
4.9%
4.3%
4.4%
5.0%
EPS (diluted, $)
0.06
0.05
0.05
0.07
vs year-ago quarter
Balance sheet
Sep '25
Dec '25
Mar '26
Jun '26
Total assets
213
211
203
205
Cash & equivalents
29
29
23
24
Total debt
59
59
59
59
Shareholders’ equity
95
95
94
96
Cash flow
Sep '25
Dec '25
Mar '26
Jun '26
Operating cash flow
11
5
(0.7)
5
Capex
2
0.8
0.8
0.5
Free cash flow
9
4
(2)
5
vs year-ago quarter