ITG Inc.

ITG

$12.88

+7.42%

2026-09-02 16:00:01 EDT+$0.89

Industrials

Engineering & Construction

NASDAQ

Active Trading

A leading provider of end-to-end services to the communications and digital infrastructure industries throughout the United States. The company supports the planning, ...

Price Action of ITG

$12.88

+7.42%+$0.89

High—

Low—

52W High-33.1%

Rel. vol—

Interval

Range4.4h

Volume—SMA5SMA10

—

ITG, Inc., headquartered in Fort Lauderdale, Florida, serves as a critical partner in the United States' digital infrastructure landscape. Founded in 2013, the company has evolved into a turnkey solution provider that manages the planning, design, construction, operation, maintenance, and expansion of broadband, wireless, data center, utility, and civil infrastructure. ...ITG, Inc., headquartered in Fort Lauderdale, Florida, serves as a critical partner in the United States' digital infrastructure landscape. Founded in 2013, the company has evolved into a turnkey solution provider that manages the planning, design, construction, operation, maintenance, and expansion of broadband, wireless, data center, utility, and civil infrastructure. By operating as a national leader in this space, ITG ensures that large cable and telecommunications providers meet rigorous service level expectations. From a business perspective, ITG functions as an industrial services firm, leveraging a turnkey model to streamline infrastructure deployment. Its products and services revolve around physical infrastructure support—often described as the 'techs' behind the network. The company’s financial profile, as of 2026, reflects a market capitalization of approximately $1.61 billion. Financial metrics indicate a focus on operational cash flow, with a TTM operating cash flow of roughly $54.5 million. The company's cost structure is heavily geared toward labor and operational deployment, typical of large-scale engineering and construction services. While it maintains a relatively low debt-to-equity ratio of 0.222, it faces competitive market pressures, reflected in its current price-to-earnings ratio and market volatility. Key leadership, including CEO Andrew D. Parrott and Co-Founders Michael Brooks and Peter Giacalone, has prioritized maintaining a scalable, service-oriented culture. The company employs over 2,400 professionals, representing a significant human capital investment in the field-technical space. ITG's strategic focus remains on expanding its footprint within the digital utility sector, capitalizing on the increasing necessity for robust broadband and data infrastructure. Future wishes for the company likely involve deepening its technological integration into its construction methodologies to improve margin efficiency and maintaining its role as a preferred partner for major US telecommunications carriers. Despite the challenges of maintaining large-scale field operations, ITG's status as a public entity following its 2026 IPO signals a phase of expansion and institutional accountability.ExpandCollapse

Founded

2013

Employees

2900

CEO

Andrew D. Parrott

Full Name

ITG Inc.

Sector

Industrials

Industry

Engineering & Construction

ROE

0.14%

Market Cap

$1.59B

Current Ratio

2.80

WACC

3.55%

ROIC

6.63%

Contact Information

https://prod.itgcomm.com

615-447-5347

2400 E Commercial Blvd, Ste. 1000, Fort Lauderdale, FL 33308

Key Metrics of ITG

Snapshot

Latest / TTM · 2 periods

Market Cap

$1.59B

ROCE

4.2%

EV / EBITDA

30.49x

-1.6% YoY

FCF Yield

-3.9%

+1.6% YoY

Cash Conversion Cycle

188.9d

Current Ratio

2.80

Quick take

TTM —

Positive CCC

Financial Highlights of ITG

Profitability trend

Latest / TTM · 2 periods

Gross Margin

14.8%

Net Margin

0.0%

P/E Ratio

-448.96x

n/a

Debt / Equity

25.46

n/a

Current Ratio

2.80

Dividend Yield

0.0%

Understanding

TTM —

High debt to equity

Calendar of ITG

Upcoming

Sep 30, 2026In 26 days
Q3 FY2026 · Estimated results
Est. EPS $0.25 · Revenue $440.68M · 5 analysts
Dec 30, 2026
Q4 FY2026 · Estimated results
Est. EPS $0.18 · Revenue $377.23M · 4 analysts
Dec 31, 2026
FY2026 · Estimated annual results
Est. EPS $0.54 · Revenue $1.56B · 6 analysts
Mar 30, 2027
Q1 FY2027 · Estimated results
Est. EPS $0.16 · Revenue $414.70M · 1 analysts

Recent history

Aug 12, 2026
Q2 FY2026 · Results reported
EPS $0.01 · Revenue $404.63M
View filing
Jul 6, 2026
8-K · SEC filing
View filing
Jul 1, 2026
IPO
Mar 31, 2026
Q1 FY2026 · Results reported
EPS $-0.04 · Revenue $333.92M
Dec 31, 2025
FY2025 · Annual results
EPS $-0.01 · Revenue $1.15B

Financial Statements of ITG

5Y Trend (Revenue, Earnings, FCF)

Metric	Latest	YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.	QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).	$1.2B	—	+21.2%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.	$-402000	—	+205.9%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.	+17.5%	—	-12.2%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).	+4.2%	—	+214.6%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.	-0.0%	—	+187.4%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.	$-45.0M	—	-31.3%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.	-3.9%	—	-8.3%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.	1805.8%	—	+403.2%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.	2.57x	—	+7.4%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.	$975.8M	—	+6.2%

Actual vs Estimate

A Dec 31Q Sep 30

Metric	Annual (A vs E)	Annual Surprise	Quarter (A vs E)	Quarter Surprise
EPS Surprise	-0.01 vs 0.54	-101.9%	0.01 vs 0.25	-95.5%
Revenue Surprise	$1.2B vs $1.6B	-26.0%	$404.6M vs $440.7M	-8.2%

Insider Transactions of ITG

Acquisitions (A)

Since Jun 7, 2018

Disposals (D)

Since Jun 7, 2018

Monthly shares of acquisitions/disposals with close price trend (shared daily price source)

Insider Trading Snapshot

Date	Executive	Title	Security	Side	Shares	Price
Mar 1, 2019	Shavel Lee	director	Common Stock	D	14,082	$30.30
Mar 1, 2019	Lilien R Jarrett	director	Common Stock	D	60,340	$30.30
Mar 1, 2019	Cartwright Brian G.	director	Common Stock	D	17,613	$30.30
Jan 1, 2019	Shavel Lee	director	Common Stock	A	414	$30.24
Dec 31, 2018	Shavel Lee	director:	—	—	0	—

Earnings Call Transcript of ITG

1 transcript segments

Q2 2026

Unknown Speaker

Operator: Good day, and thank you for standing by. Welcome to the ITG Second Quarter Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Chris Mecray, Chief Financial Officer. Please go ahead. Christopher Mecray: Good morning, and thank you for joining us for today's second quarter 2026 financial results webcast. Joining us today are myself, Chris Mecray, Chief Financial Officer; and Andy Parrott, Chief Executive Officer. Yesterday, after the market closed, we issued a quarterly results press release, which can be found in the Investor Relations section of our website at itgcom.com. We also posted a separate shareholder letter with more detailed operational and financial commentary to accompany our earnings release. The commentary is intended to provide much of the detail typically included in management's prepared remarks. Accordingly, we will provide an overview of ITG, discuss the principal drivers of our second quarter performance and initial outlook and then turn the call over to Q&A. Please be advised that information shared on this webcast is currently -- is current as of today's date and may no longer be accurate as of any replay of this event at a later date. This webcast will include forward-looking statements qualified under the safe harbor rules established by the Private Securities Litigation Reform Act of 1995, including statements reflecting expectations, intentions, assumptions or beliefs about future events or financial performance. These statements involve certain risks, uncertainties and assumptions that are difficult to predict or beyond ITG's control, and actual results may differ materially from those expressed or implied on this webcast. We will also discuss historical and forecasted non-GAAP financial measures. Reconciliations of these historical financial measures to the most directly comparable GAAP financial measures are included in our earnings release and accompanying shareholder letter. Please refer to these statements for additional information regarding our forward-looking statements and non-GAAP financial measures. With that, I'll turn the call over to Andy. Andrew Parrott: Thank you, Chris, and good morning. We're pleased to be with you today for ITG's first earnings call as a public company. Our second quarter performance reinforced our confidence in the strategy we outlined during the IPO process and demonstrated continued progress against our long-term growth objectives. As you know, on July 2, we concluded our IPO, which raised $323 million in net proceeds, we used to repay debt and strengthen our capital structure. Completing the IPO was an important milestone for ITG, and I want to thank everybody involved for their dedication and commitment. We have been building and executing ITG's growth strategy for more than a decade as a company, and our transition to the public market provides …

Leadership Team of ITG

6 executives

Name	Title	Compensation	Gender	Year Born	Status
Michael George Brooks	Founder & Executive Chairman	USD 706,495	Male	1973	Active
Guilherme Elias	President	USD 569,445	Male	—	Active
Joel Rivas	Chief Administrative Officer	USD 408,330	Male	—	Active
Peter A. Giacalone	Founder & Director	USD 177,658	Male	1960	Active
Andrew D. Parrott	CEO & Director	USD 35,000	Male	1975	Active
Christopher H. Mecray	Chief Financial Officer	—	Male	1971	Active

Recent News of ITG

Seeking Alpha8/13/2026Neutral

ITG, Inc. (ITG) Q2 2026 Earnings Call Transcript

MarketBeat8/13/2026Neutral

ITG Q2 Earnings Call Highlights

ITG NASDAQ: ITG reported second-quarter revenue growth of 38% year over year and introduced its first full-year outlook as a public company, following an initial public offering completed July 2.

GlobeNewsWire8/12/2026Neutral

ITG, Inc. Reports Second Quarter 2026 Results

Strong performance reflects continued momentum across ITG's scaled national platform, driven by continued strong demand for digital infrastructure services coupled with successful execution; initial 2026 outlook 1 reflects ~35% revenue and ~36% Adjusted EBITDA growth SECOND QUARTER 2026 HIGHLIGHTS Revenue increased 38% year-over-year to $404.6 million Net Income of $1.8 million Adjusted EBITDA2 increased 21% year-over-year to $52.2 million Free Cash Flow2 increased 66% year-over-year to $44.8 million NTM Backlog3 of $1,517 million as of June 30, 2026, compared to $1,259 million as of June 30, 2025 and $1,430 million as of March 31, 2026, supporting strong revenue visibility Strong order activity, including significant broadband fiber deployment awards with customers such as Ziply Fiber and Intrepid Fiber Networks Completed initial public offering subsequent to quarter end; net proceeds primarily applied to debt repayment Record levels in the quarter for revenue, Adjusted EBITDA and NTM Backlog Statements related to our initial full-year 2026 financial outlook are forward-looking, and actual results may differ materially. Refer to the “Forward Looking Statements” in the Appendix of this document for information on the factors that could cause our actual results to differ materially from these forward-looking statements.

Defense World7/30/2026Neutral

ITG Inc. (NASDAQ:ITG) Receives $17.50 Consensus PT from Brokerages

ITG Inc. (NASDAQ: ITG - Get Free Report) has been given an average recommendation of "Buy" by the nine research firms that are presently covering the company, Marketbeat.com reports. Eight equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 1-year price

Proactive Investors - Finance7/27/2026Neutral

ITG draws bullish initiations from Bank of America and UBS

ITG (NASDAQ:ITG) has received ‘Buy’ ratings from both Bank of America and UBS on Monday, with the firms citing the communications infrastructure services...

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ITG Inc.