ITG Sets 2026 Guidance with 35% Revenue Growth, 36% EBITDA Growth, and a Post-IPO Acquisition
ITG sits 28% above its 52-week low of $10.37 on light trading volume (0.4× avg).
Summary
ITG reported Q2 revenue up 38% to $404.6M and initiated 2026 guidance for 35% revenue growth and 36% Adjusted EBITDA growth. The company also completed its first post-IPO acquisition, Full Circle Fiber, and showed a strengthened pro forma balance sheet.
Key Events · Earnings and Guidance · ITG
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Q2 Revenue Up 38%
Revenue reached $404.6M, up 38% year-over-year, driven by growth in both Engineering & Maintenance and Infrastructure Deployment service lines.
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Initial 2026 Guidance Issued
Company projects FY2026 revenue of ~$1,556M (+35%), Adjusted EBITDA of ~$202M (+36%), and Adjusted Net Income of ~$74M (+80%). Q3 revenue guided to ~$440M (+42%).
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Post-IPO Acquisition Completed
ITG acquired Full Circle Fiber, a digital broadband services company, on August 10, 2026 — its first acquisition since the July IPO.
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Balance Sheet Strengthened
Pro forma post-IPO liquidity increased to $165.5M and net leverage ratio improved to 2.84x from 4.47x at quarter-end, reflecting debt repayment with IPO proceeds.
Analysis · ITG · Real Estate & Construction
ITG's first earnings release as a public company delivers strong revenue growth and, more importantly, initial full-year guidance that projects 35% revenue growth and 36% Adjusted EBITDA growth. The company also announced a tuck-in acquisition of Full Circle Fiber just two days ago, signaling an active M&A strategy. Pro forma post-IPO liquidity of $165.5M and a reduced net leverage ratio of 2.84x show a significantly strengthened balance sheet after debt repayment from IPO proceeds. The guidance and acquisition are new material information beyond the 10-Q filed concurrently.
How filings like this one have moved
In the 30 days to Sep 30, 2026, 29.6% of the 1609 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, ITG was trading at $13.25 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $640.9M. The 52-week trading range was $10.37 to $19.26. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.