NowVertical Group Reports Third Quarter 2026 Financial Results; Revenue Up 11% to $10.1 Million
Globe Newswire•10/11/2026•07:30 ET
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Key Highlights
- ➤Q3 revenue $10.1 million, up 11% year over year
- ➤Adjusted EBITDA $1.9 million, representing 19% of revenue
- ➤Google Cloud revenue $2.7 million, up 108% year over year
- ➤Top 30 Accounts revenue $8.5 million, up 25% year over year
- ➤CAD $15.1 million private placement completed after quarter end
Expert Statements
Andre Garber, Chief Executive Officer of NowVertical Group Inc.
“Our third quarter results reflect the focus of our global team on delivering high quality outcomes for our clients. Revenue grew 11% year over year to USD $10.1 million, our second consecutive quarter of double-digit growth, and Adjusted EBITDA was USD $1.9 million, or 19% of revenue.”
Andre Garber, Chief Executive Officer of NowVertical Group Inc.
“Since quarter end, we have closed a CAD $15.1 million financing led by VRG Capital and welcomed J.R. Kingsley Ward to our Board as Executive Chair. With our leadership team in place and a stronger balance sheet, we are focused on profitable growth across our client base and expanding our Google Cloud practice.”
Second Consecutive Quarter of Double-Digit Revenue Growth; New Leadership Team in Place and $15.1 Million Financing Completed After Quarter End
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