EL7.AI
StocksMedium•11 November 2026•
2 min read

ITG’s Preliminary Q3 Revenue Jumps 49% to $461.5 Million

Key Facts

1Preliminary revenue was $461.5 million in the third quarter of 2026, up 49% year over year.
2Preliminary adjusted EBITDA was $64.5 million, up 64% year over year.
3Revenue exceeded the company’s forecast of $440.0 million by 4.9%.
4Adjusted EBITDA exceeded the company’s forecast of $63.0 million by 2.4%.

On October 22, ITG reported preliminary results for the third quarter ended September 30, 2026, showing revenue of $461.5 million, up 49% year over year, and adjusted EBITDA of $64.5 million, up 64% from the same period. Both figures exceeded the company’s quarterly forecasts: revenue was 4.9% above its target, while adjusted EBITDA topped its forecast by 2.4%. The company said it released preliminary results to give investors an early view of the quarter’s performance. Management will discuss the full results on November 11. The figures were preliminary when announced, as the financial close procedures and the independent auditor’s review had not been completed.

Preliminary revenue was $461.5 million, compared with the company’s forecast of $440.0 million, a difference of $21.5 million, or 4.9%, above target. Revenue grew 49% year over year, according to the filing with the U.S. Securities and Exchange Commission. Adjusted EBITDA was $64.5 million, compared with a forecast of $63.0 million. That was an increase of $1.5 million, or 2.4%, above the forecast, while the metric recorded year-over-year growth of 64%. The preliminary results therefore exceeded the revenue and adjusted EBITDA levels the company had set for the quarter.

Chief Executive Andy Parrott said the company was sharing preliminary results "to provide investors with an early view of the quarter," adding that it looked forward to discussing the full results in more detail on November 11. The company said the figures were based on information available and an initial review by management. However, it had not completed the quarter-end financial close procedures when it made the disclosure. The independent registered auditor had also not completed its review. The reported figures therefore remain preliminary pending release of the full results.

ITG plans, designs, builds, operates, maintains and expands telecommunications infrastructure, with activities spanning broadband, wireless communications, data centers, utilities and civil works in the United States. Its services cover the infrastructure lifecycle, from planning and design to operations, maintenance and expansion. The company said full third-quarter results would be released after the market closes on November 10. It scheduled a webcast to review those results for November 11 at 8:00 a.m. Eastern Time. The webcast will allow management to discuss the final figures after they are published.