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CNVRG Converge Information and Communications Technology Solutions, Inc.
Press Release

Converge Reports 1Q2026 Financial Results with Revenue Growth and Strong Margins

🟢 High Impact Positive
Converge Information and Communications Technology Solutions, Inc. reported consolidated revenues of P11.2 billion for 1Q2026, representing a growth of 3.7% year-over-year. The company achieved a strong EBITDA margin of 61.8% and net income after tax of P3.0 billion, reflecting its operational resilience and commitment to growth.
AI Summary Details
Key Facts
  • Consolidated revenues of P11.2 billion for 1Q2026, up 3.7% from P10.8 billion in 1Q2025
  • Residential revenues reached P9.2 billion with over 3 million subscribers
  • Enterprise revenues grew by 16% to P2.0 billion
  • EBITDA increased by 3.3% to P6.9 billion with a margin of 61.8%
  • Net income after tax was P3.0 billion, resulting in a net income margin of 27.0%
  • Return on Invested Capital (ROIC) at 15.6%
  • Total cash CAPEX for 1Q2026 amounted to P2.9 billion
  • Dividend of P0.49 per share declared
Investor Takeaway
This disclosure is material as it highlights Converge's continued revenue growth and strong operational performance, which may positively influence investor sentiment.
Market Impact
The reported growth in both residential and enterprise segments, along with strong margins, indicates Converge's ability to navigate market challenges effectively. The company's investment in infrastructure and customer service improvements may enhance its competitive position.
Watch For
  • Future updates on subscriber growth and retention rates
  • Impact of new data centers on operational capacity and service offerings
  • Progress on customer service improvements and metrics
Details
Company Converge Information and Communications Technology Solutions, Inc.
Stock Symbol CNVRG
Published May 13, 2026
Disclosure Number C03475-2026
EDGE Number e0d1b234fbb9bc4664d70b69f0a3140b
AI Analyzed Jul 11, 2026 1:13 PM
Read Full Disclosure on PSE EDGE