Evertz Technologies Reports Record Quarterly Revenue of $139 Million in The Third Quarter Ended January 31, 2026

Executive Summary

• Evertz Technologies reported record Q3 2026 revenue of $139.3 M, up 2% year‑over‑year.
• Net earnings for the quarter were $18.7 M and diluted EPS was $0.24 (down from $0.27 YoY).
• The Board declared a regular quarterly dividend of $0.205 per share and paid a special dividend of $75.5 M as part of total cash‑flow financing activities of $92.4 M.

Key Details

• Revenue: $139,333 k (Q3 2026) vs. $136,916 k (Q3 2025); International revenue $43,7 M (+15% YoY).
• Gross Margin: $81,246 k (58.3% of revenue), up $2.1 M from prior year quarter.
• Earnings from Operations (pre‑FX): $28,133 k, +16% YoY.
• Net Earnings: $18,662 k vs. $21,076 k a year earlier.
• Diluted EPS: $0.24 vs. $0.27 YoY.
• Operating Expenses: Selling & admin $18.6 M (down from $19.2 M); R&D $36.7 M (essentially flat).
• Liquidity: Cash & cash equivalents $24.8 M (down from $111.7 M Apr‑2025); Working capital $133.2 M vs. $206.9 M Apr‑2025.
• Cash Flow: Operating cash generated $29.3 M; investing cash outflow $7.0 M (including $4.4 M airplane purchase); financing cash outflow $92.4 M, primarily dividend payments ($91.0 M total, special dividend $75.5 M).
• Backlog & Shipments: Purchase order backlog >$246 M; February 2026 shipments $32 M.
• Dividend Declared: Regular quarterly dividend $0.205 per share (record date Mar 13, payable ~Mar 20).

Notable Quotes

(No direct CEO/President quotes were included in the release.)