Slide 1: Second Quarter 2026 Commentary and Highlights
SECOND QUARTER 2026 COMMENTARY August 12, 2026 This Commentary supplements ITG Inc.'s ("ITG" or the "Company") earnings release, providing additional commentary on our financial performance, operating trends, customer activity, backlog and cash flow, capital allocation priorities, and outlook. Pleas
Slide 2: Executive Summary
SECOND QUARTER 2026 COMMENTARY August 12, 2026 EXECUTIVE SUMMARY As we report our first earnings results following the completion of our initial public offering in July, we begin an exciting new chapter for ITG. Over the last decade, we have built a scaled national platform serving digital infrastru
Slide 3: Second Quarter 2026 Results & Commentary
SECOND QUARTER 2026 COMMENTARY August 12, 2026 SECOND QUARTER 2026 RESULTS & COMMENTARY Consolidated Revenues & Margins (in millions, except for margins) Revenue increased 38% year-over-year to $404.6 million in the second quarter, reflecting continued strength across ITG's digital infrastructure ma
Slide 4: Engineering & Maintenance Overview
SECOND QUARTER 2026 COMMENTARY August 12, 2026 Engineering & Maintenance Overview Engineering & Maintenance ("E&M") provides recurring fulfillment, maintenance, engineering, design, consulting and network-support services that help customers maintain, upgrade and expand critical communications and d
Slide 5: Infrastructure Deployment Overview
SECOND QUARTER 2026 COMMENTARY August 12, 2026 Infrastructure Deployment Overview Infrastructure Deployment provides planning, construction and deployment services for broadband, fiber, wireless, data-center, utility and other digital infrastructure projects. The service line primarily supports larg
Slide 6: Consolidated Next Twelve Months (NTM) Backlog
SECOND QUARTER 2026 COMMENTARY August 12, 2026 Consolidated Next Twelve Months (NTM) Backlog1 (in millions) 1. Next Twelve Month (NTM) Backlog represents total committed future revenue over the next twelve months supported by executed contracts, historical activity levels, customer guidance, and / o
Slide 7: Free Cash Flow
SECOND QUARTER 2026 COMMENTARY August 12, 2026 Free Cash Flow 1 (in millions) 1. Free Cash Flow is defined as Adjusted EBITDA less capital expenditures Free cash flow increased 66% year-over-year to $44.8 million in the second quarter, reflecting stronger earnings, improved operating performance and
Slide 8: Balance Sheet & Liquidity
SECOND QUARTER 2026 COMMENTARY August 12, 2026 Balance Sheet & Liquidity (in millions, except for leverage) ITG’s initial public offering, as a subsequent event to the second quarter, significantly strengthened the balance sheet and enhanced financial flexibility. Proceeds from the offering were pri
Slide 9: 2026 Financial Outlook
SECOND QUARTER 2026 COMMENTARY August 12, 2026 2026 FINANCIAL OUTLOOK1 ITG entered the second half of the year with strong backlog, favorable demand trends, long-standing customer relationships and a recurring revenue base supported by long-standing MSA agreements. Customer investment across digital
Slide 10: Conference Call Information, About ITG and Forward-Looking Statements
SECOND QUARTER 2026 COMMENTARY August 12, 2026 CONFERENCE CALL INFORMATION ITG will host a webcast of its quarterly earnings call to discuss these results on Thursday, August 13, 2026, at 8:00 a.m. ET, which can be accessed through the Investors section of ITG’s website at ir.itgcomm.com. A replay o
Slide 11: Non-GAAP Measures
SECOND QUARTER 2026 COMMENTARY August 12, 2026 measures used by other companies. Reconciliations of each non-GAAP financial measure to the most directly comparable GAAP financial measure are provided below. The Company is providing guidance for certain non-GAAP financial measures, including Adjusted
Slide 12: Liquidity and Net Debt Reconciliation
SECOND QUARTER 2026 COMMENTARY August 12, 2026 The following table reconciles cash, the most directly comparable financial measure presented in accordance with GAAP, to total liquidity as of: December 31, June 30, Pro Forma (in thousands) 2025 2026 (Post-IPO) Cash $ 3,719 $ 2,486 $ 2,500 Available R
Slide 13: Investor Contact
SECOND QUARTER 2026 COMMENTARY August 12, 2026 INVESTOR CONTACT 629-282-9862 ir@itgcomm.com