ASGN rporated(US:ASGN)2025-10-22 20:30Q3 2025 Financial Performance - Revenues decreased to $1,011.4 million, a 1.9% decrease compared to $1,031.0 million in Q3 2024[6] - Net Income decreased to $38.1 million, compared to $47.5 million in Q3 2024[6] - Adjusted EBITDA decreased to $112.6 million, compared to $116.9 million in Q3 2024[6] - Adjusted EBITDA margin was 11.1%, a decrease from 11.3% in Q3 2024[6] - Free Cash Flow decreased to $72.0 million, a 43.7% decrease compared to $127.9 million in Q3 2024[8] Revenue Mix - Consumer & Industrial sector accounted for 22% of revenue in Q3 2025, compared to 19% in Q3 2024[7] - TMT (Technology, Media & Telecom) sector remained stable at 14% in both Q3 2025 and Q3 2024[7] - Financial Services sector accounted for 13% of revenue in Q3 2025, compared to 15% in Q3 2024[7] - Defense & Intel sector accounted for 13% of revenue in Q3 2025, compared to 14% in Q3 2024[7] Federal Segment - Federal segment revenues decreased by 3.9% year-over-year, from $312.2 million in Q3 2024 to $300.1 million in Q3 2025[18] - Adjusted EBITDA for the Federal segment was $33.5 million, representing 11.2% of revenues[18,21] - New contract awards in the Federal segment were $461.4 million in Q3 2025, compared to $666.4 million in Q3 2024[23] Q4 2025 Financial Estimates - Revenues are estimated to be between $960.0 million and $980.0 million, representing a year-over-year decrease of 0.5% to 2.5%[26] - Adjusted EBITDA is estimated to be between $102.0 million and $107.0 million, with an Adjusted EBITDA Margin between 10.6% and 10.9%[26]