III (Information Services Group) Operating Income: $19.4 Mil (TTM As of Mar. 2026)

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III Information Services Group Inc III
72 GF Score
Price $4.12
GF Value $3.80
Valuation Fairly Valued
! 4 Warning Signs
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What is Information Services Group Operating Income?

Information Services Group III -3.29% 72 Operating Income is $19.4 Mil as of Mar. 2026. GuruFocus rates III with a GF Score™ of 72/100 and a GF Value™ of $3.80 (Fairly Valued). The stock has 4 warning signs investors should review.

Information Services Group's Operating Income for the three months ended in Mar. 2026 was $5.0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $19.4 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Information Services Group's Operating Income for the three months ended in Mar. 2026 was $5.0 Mil. Information Services Group's Revenue for the three months ended in Mar. 2026 was $61.2 Mil. Therefore, Information Services Group's Operating Margin % for the quarter that ended in Mar. 2026 was 8.20%.

Warning Sign:

Information Services Group Inc operating margin has been in a 5-year decline. The average rate of decline per year is -4.1%.

Information Services Group's 5-Year average Growth Rate for Operating Margin % was -4.10% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Information Services Group's annualized ROC % for the quarter that ended in Mar. 2026 was 8.04%. Information Services Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 52.92%.


Information Services Group  (NAS:III) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Information Services Group's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=20.068 * ( 1 - 37.17% )/( (159.139 + 154.614)/ 2 )
=12.6087244/156.8765
=8.04 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Information Services Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=20.804/( ( (17.406 + max(12.897, 0)) + (16.78 + max(31.542, 0)) )/ 2 )
=20.804/( ( 30.303 + 48.322 )/ 2 )
=20.804/39.3125
=52.92 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(44.916 + 0 + 6.001) - (23.201 + 9.788 + 5.031)
=12.897

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(59.447 + 0 + 4.915) - (25.484 + 7.336 + 0)
=31.542

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Information Services Group's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=5.017/61.183
=8.20 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Information Services Group Operating Income Related Terms


Information Services Group Operating Income Historical Data

* Premium members only.

The historical data trend for Information Services Group's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Information Services Group Operating Income Chart

Information Services Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.27 29.48 14.61 5.76 17.80

Information Services Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.40 4.67 4.59 5.15 5.02
III
72GF Score
Information Services Group Inc III
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Information Services Group Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $19.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $19.4 Mil mean?
Information Services Group (III) has a Operating Income of $19.4 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Information Services Group and its competitors.
Is Information Services Group's Operating Income too high?
Information Services Group's current Operating Income is $19.4 Mil. Overall, Information Services Group has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Information Services Group's Operating Income compare to UIS and CNDT?
Information Services Group's Operating Income of $19.4 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Software company?
A good Operating Income depends on the Software industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Information Services Group and its competitors. Information Services Group's current Operating Income is $19.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Information Services Group stock overvalued right now?
Based on GuruFocus' analysis, Information Services Group (III) is currently considered Fairly Valued. The stock's GF Value™ is $3.80, compared to a current price of $4.12 — trading 8.4% above its estimated fair value. The current Operating Income is $19.4 Mil. Information Services Group's overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Information Services Group (III), the current Operating Income is $19.4 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Information Services Group (III) Overvalued in 2026?

Based on GuruFocus' analysis, Information Services Group stock appears to be overvalued. The current stock price of $4.12 is trading 8.4% above its estimated GF Value™ of $3.80. GuruFocus considers Information Services Group to be Fairly Valued.

Key valuation signals for III:

  • Operating Income: $19.4 Mil
  • GF Value™: $3.80 vs. price of $4.12 (8.4% above fair value)
  • GF Score™: 72/100 with 4 warning signs

No single metric tells the full story. See the III stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Information Services Group Business Description

Other Exchanges ZZG:Germany
Address 400 Atlantic Street, Stamford, CT, USA, 06901
Information Services Group Inc is an AI-centered technology research and advisory firm providing digital transformation and technology advisory services that help organizations optimize performance, reduce costs, and accelerate innovation. The Company's expertise includes sourcing advisory, cloud and data analytics, managed governance and risk services, network and software advisory, technology strategy and operations design, change management, and market intelligence, serving both private- and public-sector clients globally. It operates in one segment, fact-based sourcing advisory services, and operates principally in the Americas, with generate maximum revenue in Europe and the Asia Pacific.
72GF Score

Get the complete analysis for III

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.12
Price
$3.80
GF Value