Andersen Reports Q3 2026 Financial Results and Files 10-Q

Andersen (ANDG) reported Q3 2026 operating expenses of $234.9 million, or 69.6% of revenue, an increase from 58.7% a year ago, primarily due to $40.4 million in noncash equity-based compensation. Adjusted EBITDA for the quarter rose 18.8% year-over-year to $154.5 million, with margins of 45.8%. The company also completed eight acquisitions in the past 12 months, contributing $16.2 million in revenue. The company's 10-Q for the third quarter of 2026 was filed on November 13, 2026.