Information Services (TSX:ISC) Operating Income: C$55.2 Mil (TTM As of Mar. 2026)


TSX:ISC Information Services Corp TSX:ISC
86 GF Score
Price C$51.20
GF Value C$30.61
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Information Services Operating Income?

Information Services TSX:ISC +0.43% 86 Operating Income is C$55.2 Mil as of Mar. 2026. GuruFocus rates TSX:ISC with a GF Score™ of 86/100 and a GF Value™ of C$30.61 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Information Services's Operating Income for the three months ended in Mar. 2026 was C$16.3 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was C$55.2 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Information Services's Operating Income for the three months ended in Mar. 2026 was C$16.3 Mil. Information Services's Revenue for the three months ended in Mar. 2026 was C$61.8 Mil. Therefore, Information Services's Operating Margin % for the quarter that ended in Mar. 2026 was 26.43%.

Warning Sign:

Information Services Corp operating margin has been in a 5-year decline. The average rate of decline per year is -3.8%.

Information Services's 5-Year average Growth Rate for Operating Margin % was -3.80% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Information Services's annualized ROC % for the quarter that ended in Mar. 2026 was 9.78%. Information Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 510.83%.


Information Services  (TSX:ISC) 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'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 )
=65.34 * ( 1 - 28.54% )/( (482.922 + 472.411)/ 2 )
=46.691964/477.6665
=9.78 %

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'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 )
=65.836/( ( (13.243 + max(-63.579, 0)) + (12.533 + max(-59.756, 0)) )/ 2 )
=65.836/( ( 13.243 + 12.533 )/ 2 )
=65.836/12.888
=510.83 %

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)
=(17.022 + 0 + 4.841) - (75.744 + 9.698 + 0)
=-63.579

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18.55 + 0 + 4.879) - (80.083 + 3.102 + -1.4210854715202E-14)
=-59.756

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'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 )
=16.335/61.809
=26.43 %

* 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 Operating Income Related Terms


Information Services Operating Income Historical Data

* Premium members only.

The historical data trend for Information Services'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 Operating Income Chart

Information Services 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 46.75 46.20 47.97 50.87 53.65

Information Services 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 14.77 12.41 15.55 10.92 16.34
TSX:ISC
86GF Score
Information Services Corp TSX:ISC
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Information Services 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 C$55.2 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 C$55.2 Mil mean?
Information Services (TSX:ISC) has a Operating Income of C$55.2 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Information Services and its competitors.
Is Information Services' Operating Income too high?
Information Services' current Operating Income is C$55.2 Mil. Overall, Information Services has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Information Services' Operating Income compare to CTAS and CPRT?
Information Services' Operating Income of C$55.2 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Operating Income depends on the Business Services 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 and its competitors. Information Services's current Operating Income is C$55.2 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 stock overvalued right now?
Based on GuruFocus' analysis, Information Services (TSX:ISC) is currently considered Significantly Overvalued. The stock's GF Value™ is C$30.61, compared to a current price of C$51.20 — trading 67.3% above its estimated fair value. The current Operating Income is C$55.2 Mil. Information Services' overall GF Score™ is 86/100 with 9 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 (TSX:ISC), the current Operating Income is C$55.2 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 (TSX:ISC) Overvalued in 2026?

Based on GuruFocus' analysis, Information Services stock appears to be overvalued. The current stock price of C$51.20 is trading 67.3% above its estimated GF Value™ of C$30.61. GuruFocus considers Information Services to be Significantly Overvalued.

Key valuation signals for TSX:ISC:

  • Operating Income: C$55.2 Mil
  • GF Value™: C$30.61 vs. price of C$51.20 (67.3% above fair value)
  • GF Score™: 86/100 with 9 warning signs

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


Information Services Business Description

Other Exchanges IRMTF:USA5IS:Germany
Address 10 Research Drive, Suite 300, Regina, SK, CAN, S4S 7J7
Information Services Corp is a Canada-based provider of registry and information management services for public data and records. The company has three segments namely Registry Operations, Services and Technology Solutions. The Registries segment involves the provision of registry and information services and solutions to governments and private sector organizations. The Services segment provides products and services that utilize public records and data to provide value to customers in the financial and legal sectors. Technology Solutions provides the development, delivery and support of registry (and related) technology solutions. The company derives maximum revenue from Registry Operations segment.
86GF Score

Get the complete analysis for TSX:ISC

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

C$51.20
Price
C$30.61
GF Value