IBEX Limited share price today
IBEX Limited · IBEX · Technology · Information Technology Services · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists
IBEX Limited share price: $44.70 at the close on 4 November 2026, +21.3% in a year.
IBEX Limited is reporting record margins.
Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high.
The price has been between phases, and the P/E is higher than 91% of its own last 1 year. Over the last four quarters, results have been deteriorating, with profit −8.8% on a year earlier, and 120% of the last 3 years' profit came in as cash. What will decide it: the next one or two quarters of results.
What is the IBEX Limited share price today?
IBEX Limited's share price was $44.70 at the close on 4 November 2026. That is 30.2% above its average price over the last 200 trading days. In the last 52 weeks it traded between $26 and $47, and at that close it sat 88% of the way up from that low.
A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). The phase helps read everything below.
Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 19 weeks in a row.
Nov 2026: $44.70, 30.2% above its 200-day average.
- Price $44.70
- 50-day avg $42.63
- 200-day avg $34.32
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 11 Jul 2025 | $29.05 | – | – |
| 18 Jul 2025 | $29.63 | – | – |
| 25 Jul 2025 | $29.79 | – | – |
| 1 Aug 2025 | $27.75 | – | – |
| 8 Aug 2025 | $28.32 | – | – |
| 15 Aug 2025 | $28.76 | – | – |
| 22 Aug 2025 | $30.22 | – | – |
| 29 Aug 2025 | $29.53 | – | – |
| 5 Sep 2025 | $29.36 | – | – |
| 12 Sep 2025 | $41.58 | – | – |
| 19 Sep 2025 | $40.94 | $30.68 | – |
| 26 Sep 2025 | $41.01 | $31.85 | – |
| 3 Oct 2025 | $37.92 | $32.81 | – |
| 10 Oct 2025 | $35.87 | $33.55 | – |
| 17 Oct 2025 | $36.23 | $34.42 | – |
| 24 Oct 2025 | $38.19 | $35.26 | – |
| 31 Oct 2025 | $37.37 | $36.13 | – |
| 7 Nov 2025 | $36.85 | $36.88 | – |
| 14 Nov 2025 | $35.83 | $37.59 | – |
| 21 Nov 2025 | $34.76 | $37.88 | – |
| 28 Nov 2025 | $35.19 | $37.49 | – |
| 5 Dec 2025 | $36.78 | $36.92 | – |
| 12 Dec 2025 | $37.69 | $36.54 | – |
| 19 Dec 2025 | $38.01 | $36.55 | – |
| 26 Dec 2025 | $38.47 | $36.73 | – |
| 2 Jan 2026 | $36.32 | $36.82 | – |
| 9 Jan 2026 | $38.11 | $36.83 | – |
| 16 Jan 2026 | $38.06 | $36.91 | – |
| 23 Jan 2026 | $38.62 | $37.00 | – |
| 30 Jan 2026 | $37.20 | $37.15 | – |
| 6 Feb 2026 | $34.98 | $37.20 | – |
| 13 Feb 2026 | $30.10 | $36.77 | – |
| 20 Feb 2026 | $29.55 | $36.24 | – |
| 27 Feb 2026 | $28.90 | $35.40 | – |
| 6 Mar 2026 | $30.52 | $34.54 | – |
| 13 Mar 2026 | $28.62 | $33.59 | – |
| 20 Mar 2026 | $28.01 | $32.71 | – |
| 27 Mar 2026 | $26.40 | $31.61 | – |
| 2 Apr 2026 | $27.70 | $30.77 | – |
| 10 Apr 2026 | $27.49 | $29.72 | – |
| 17 Apr 2026 | $29.72 | $28.99 | – |
| 24 Apr 2026 | $28.31 | $28.55 | $33.37 |
| 1 May 2026 | $28.25 | $28.36 | $33.32 |
| 8 May 2026 | $32.33 | $28.50 | $33.31 |
| 15 May 2026 | $30.56 | $28.66 | $33.34 |
| 22 May 2026 | $32.02 | $28.86 | $33.42 |
| 29 May 2026 | $31.64 | $29.09 | $33.48 |
| 5 Jun 2026 | $29.94 | $29.38 | $33.52 |
| 12 Jun 2026 | $30.92 | $29.76 | $33.56 |
| 18 Jun 2026 | $30.22 | $30.00 | $33.58 |
| 26 Jun 2026 | $30.08 | $30.13 | $33.59 |
| 2 Jul 2026 | $32.13 | $30.30 | $33.51 |
| 10 Jul 2026 | $33.09 | $30.79 | $33.31 |
| 17 Jul 2026 | $35.39 | $31.46 | $33.15 |
| 24 Jul 2026 | $33.46 | $31.70 | $33.01 |
| 31 Jul 2026 | $35.34 | $32.19 | $32.98 |
| 7 Aug 2026 | $37.25 | $32.67 | $32.97 |
| 14 Aug 2026 | $35.83 | $33.13 | $32.94 |
| 21 Aug 2026 | $36.56 | $33.68 | $32.89 |
| 28 Aug 2026 | $38.12 | $34.32 | $32.90 |
| 4 Sep 2026 | $39.17 | $35.23 | $32.97 |
| 11 Sep 2026 | $39.80 | $35.81 | $33.03 |
| 18 Sep 2026 | $40.20 | $36.59 | $33.16 |
| 25 Sep 2026 | $44.53 | $37.41 | $33.33 |
| 2 Oct 2026 | $43.58 | $38.38 | $33.50 |
| 9 Oct 2026 | $44.52 | $39.22 | $33.64 |
| 16 Oct 2026 | $45.65 | $40.14 | $33.80 |
| 23 Oct 2026 | $47.23 | $41.15 | $34.03 |
| 30 Oct 2026 | $44.73 | $42.17 | $34.22 |
| 4 Nov 2026 | $44.70 | $42.63 | $34.32 |
Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?
Ahead in 30 of 57 weeks
| Week | 13-week return vs S&P 500 |
|---|---|
| 11 Jul 2025 | no S&P 500 reading |
| 18 Jul 2025 | no S&P 500 reading |
| 25 Jul 2025 | no S&P 500 reading |
| 1 Aug 2025 | no S&P 500 reading |
| 8 Aug 2025 | no S&P 500 reading |
| 15 Aug 2025 | no S&P 500 reading |
| 22 Aug 2025 | no S&P 500 reading |
| 29 Aug 2025 | no S&P 500 reading |
| 5 Sep 2025 | no S&P 500 reading |
| 12 Sep 2025 | no S&P 500 reading |
| 19 Sep 2025 | no S&P 500 reading |
| 26 Sep 2025 | no S&P 500 reading |
| 3 Oct 2025 | no S&P 500 reading |
| 10 Oct 2025 | +18.8% |
| 17 Oct 2025 | +16.4% |
| 24 Oct 2025 | +21.9% |
| 31 Oct 2025 | +25.0% |
| 7 Nov 2025 | +24.8% |
| 14 Nov 2025 | +20.2% |
| 21 Nov 2025 | +12.9% |
| 28 Nov 2025 | +13.2% |
| 5 Dec 2025 | +19.3% |
| 12 Dec 2025 | −13.1% |
| 19 Dec 2025 | −9.7% |
| 26 Dec 2025 | −10.5% |
| 2 Jan 2026 | −6.3% |
| 9 Jan 2026 | +0.0% |
| 16 Jan 2026 | +0.9% |
| 23 Jan 2026 | −0.6% |
| 30 Jan 2026 | −1.9% |
| 6 Feb 2026 | −8.0% |
| 13 Feb 2026 | −17.5% |
| 20 Feb 2026 | −19.6% |
| 27 Feb 2026 | −18.3% |
| 6 Mar 2026 | −15.1% |
| 13 Mar 2026 | −21.2% |
| 20 Mar 2026 | −21.6% |
| 27 Mar 2026 | −23.2% |
| 2 Apr 2026 | −19.7% |
| 10 Apr 2026 | −25.8% |
| 17 Apr 2026 | −24.6% |
| 24 Apr 2026 | −30.3% |
| 1 May 2026 | −28.2% |
| 8 May 2026 | −14.4% |
| 15 May 2026 | −6.9% |
| 22 May 2026 | +0.2% |
| 29 May 2026 | −0.8% |
| 5 Jun 2026 | −11.6% |
| 12 Jun 2026 | −4.0% |
| 18 Jun 2026 | −7.2% |
| 26 Jun 2026 | −1.0% |
| 2 Jul 2026 | +2.4% |
| 10 Jul 2026 | +9.3% |
| 17 Jul 2026 | +14.4% |
| 24 Jul 2026 | +14.7% |
| 31 Jul 2026 | +21.4% |
| 7 Aug 2026 | +10.4% |
| 14 Aug 2026 | +12.2% |
| 21 Aug 2026 | +11.5% |
| 28 Aug 2026 | +18.8% |
| 4 Sep 2026 | +26.4% |
| 11 Sep 2026 | +25.7% |
| 18 Sep 2026 | +31.0% |
| 25 Sep 2026 | +42.2% |
| 2 Oct 2026 | +32.3% |
| 9 Oct 2026 | +31.4% |
| 16 Oct 2026 | +26.3% |
| 23 Oct 2026 | +38.3% |
| 30 Oct 2026 | +25.4% |
| 4 Nov 2026 | +20.8% |
Over the last 1 year the share price moved +54% while the S&P 500 moved +23%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.
This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.
What dividend does IBEX Limited pay?
IBEX Limited pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes.
Which stock lists is IBEX Limited on?
IBEX Limited is on one of our US lists: US tech stocks.
Is IBEX Limited profitable?
IBEX Limited earned $8.7 M of net profit in the Jun 2026 quarter, −8.8% on the same quarter a year earlier. Full-year FY26 profit was $46.3 M. Over 5 years profit has grown 28.8% a year on average. That is 5.3% of the quarter's revenue. The same quarter a year earlier earned $9.6 M.
Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.
For the full year, FY26 profit was $46.3 M (+25.7% on the year before).
FY26 profit $46.3 M (+25.7% on the year before), 28.8% a year over 5 years
- Net profit $46.3 M
| Quarter | Net profit |
|---|---|
| FY21 | $13.1 M |
| FY22 | $21.5 M |
| FY23 | $31.6 M |
| FY24 | $33.7 M |
| FY25 | $36.9 M |
| FY26 | $46.3 M |
Growth on a year earlier
- Growth on a year earlier 25.7%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | 63.9% |
| FY23 | 47.2% |
| FY24 | 6.6% |
| FY25 | 9.5% |
| FY26 | 25.7% |
Jun 2026: $8.7 M (−8.8% on a year earlier)
- Net profit (quarterly) $8.7 M
| Quarter | Net profit (quarterly) |
|---|---|
| Sep 2023 | $7.4 M |
| Dec 2023 | $6.1 M |
| Mar 2024 | $10.3 M |
| Jun 2024 | $9.8 M |
| Sep 2024 | $7.5 M |
| Dec 2024 | $9.3 M |
| Mar 2025 | $10.5 M |
| Jun 2025 | $9.6 M |
| Sep 2025 | $12.0 M |
| Dec 2025 | $12.2 M |
| Mar 2026 | $13.3 M |
| Jun 2026 | $8.7 M |
Growth on a year earlier
- Growth on a year earlier −8.8%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | 13.8% |
| Dec 2023 | −34.5% |
| Mar 2024 | −8.6% |
| Jun 2024 | 118.3% |
| Sep 2024 | 1.4% |
| Dec 2024 | 52.6% |
| Mar 2025 | 1.5% |
| Jun 2025 | −2.5% |
| Sep 2025 | 59.9% |
| Dec 2025 | 31.8% |
| Mar 2026 | 27.3% |
| Jun 2026 | −8.8% |
Why profit moved: revenue changed +11.6% on a year earlier and the margin moved −2.3 percentage points. Sales did the work while the margin got thinner.
On average over the last four quarters, profit changed +27.6% and revenue +15.4%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit.
How much revenue does IBEX Limited make, and is it growing?
IBEX Limited reported $164 M of revenue in the Jun 2026 quarter, +11.6% on the same quarter a year earlier. That is the 9th quarter in a row with growth on the year before. Over 5 years it has grown 7.8% a year on average. The last full year, FY26, came in at $644 M.
Revenue is everything the company billed its customers in the period.
The last four reported quarters add to $644 M.
FY26 revenue was $644 M, +15.4% on the year before.
FY26 revenue $644 M (+15.4% on the year before), 7.8% a year over 5 years
- Revenue $644 M
| Quarter | Revenue |
|---|---|
| FY21 | $443 M |
| FY22 | $493 M |
| FY23 | $523 M |
| FY24 | $509 M |
| FY25 | $558 M |
| FY26 | $644 M |
Growth on a year earlier
- Growth on a year earlier 15.4%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | 11.2% |
| FY23 | 6.1% |
| FY24 | −2.8% |
| FY25 | 9.8% |
| FY26 | 15.4% |
Jun 2026: $164 M (+11.6% on a year earlier), the 9th quarter in a row of growth
- Revenue (quarterly) $164 M
| Quarter | Revenue (quarterly) |
|---|---|
| Sep 2023 | $125 M |
| Dec 2023 | $133 M |
| Mar 2024 | $127 M |
| Jun 2024 | $125 M |
| Sep 2024 | $130 M |
| Dec 2024 | $141 M |
| Mar 2025 | $141 M |
| Jun 2025 | $147 M |
| Sep 2025 | $151 M |
| Dec 2025 | $164 M |
| Mar 2026 | $164 M |
| Jun 2026 | $164 M |
Growth on a year earlier
- Growth on a year earlier 11.6%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | −2.5% |
| Dec 2023 | −4.8% |
| Mar 2024 | −3.6% |
| Jun 2024 | 0.1% |
| Sep 2024 | 4.1% |
| Dec 2024 | 6.1% |
| Mar 2025 | 11% |
| Jun 2025 | 18.2% |
| Sep 2025 | 16.5% |
| Dec 2025 | 16.7% |
| Mar 2026 | 16.8% |
| Jun 2026 | 11.6% |
Recent pace: the last four quarters grew +15.4% on average, against 7.8% a year over the longer run, so this year is growing faster than its own long-run rate.
Is growth speeding up? Revenue over the last 12 months grew +15.4%, against +12.5% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +25.7%, against +17.3% a year (accelerating).
How much of every $100 of sales does IBEX Limited keep?
IBEX Limited's operating margin was 7.4% in the Jun 2026 quarter, 2.3 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 6 years it has been between 3.8% and 8.9%. The latest quarter is within that range.
Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.
Why the margin moved: operating margin changed −2.3 percentage points on the year while gross margin changed −2.3 points. So the drop came mostly from the gross margin, which means input costs and prices charged.
When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold.
FY26: 8.9%, the highest in a range of 3.8% to 8.9% over 6 years
- Operating margin 8.9%
| Quarter | Operating margin |
|---|---|
| FY21 | 3.8% |
| FY22 | 4.2% |
| FY23 | 7.7% |
| FY24 | 8.4% |
| FY25 | 8.7% |
| FY26 | 8.9% |
Change on the year before (points)
- Change on the year before (points) +0.2 pts
| Quarter | Change on the year before (points) |
|---|---|
| FY21 | – |
| FY22 | +0.4 pts |
| FY23 | +3.5 pts |
| FY24 | +0.7 pts |
| FY25 | +0.3 pts |
| FY26 | +0.2 pts |
Jun 2026: operating margin 7.4% (−2.3 points on a year earlier)
- Operating margin 7.4%
| Quarter | Operating margin |
|---|---|
| Sep 2023 | 6.7% |
| Dec 2023 | 5.2% |
| Mar 2024 | 9.9% |
| Jun 2024 | 11.9% |
| Sep 2024 | 7% |
| Dec 2024 | 8.5% |
| Mar 2025 | 9.5% |
| Jun 2025 | 9.7% |
| Sep 2025 | 9.1% |
| Dec 2025 | 9.3% |
| Mar 2026 | 9.8% |
| Jun 2026 | 7.4% |
Change on a year earlier (points)
- Change on a year earlier (points) −2.3 pts
| Quarter | Change on a year earlier (points) |
|---|---|
| Sep 2023 | +0.7 pts |
| Dec 2023 | −3.0 pts |
| Mar 2024 | 0.0 pts |
| Jun 2024 | +5.2 pts |
| Sep 2024 | +0.3 pts |
| Dec 2024 | +3.3 pts |
| Mar 2025 | −0.4 pts |
| Jun 2025 | −2.2 pts |
| Sep 2025 | +2.1 pts |
| Dec 2025 | +0.8 pts |
| Mar 2026 | +0.3 pts |
| Jun 2026 | −2.3 pts |
Is IBEX Limited's profit turning into cash?
Over the last 3 years, 120% of IBEX Limited's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in $59.0 M of operating cash against $46.3 M of profit. After $27.8 M of spending on assets, $31.2 M was left over as free cash.
The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.
Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.
FY26: operating cash $59.0 M against profit $46.3 M; 120% of 3 years' profit came in as cash
- Operating cash $59.0 M
- Net profit $46.3 M
- Free cash $31.2 M
| Quarter | Operating cash | Net profit | Free cash |
|---|---|---|---|
| FY21 | $16.1 M | $13.1 M | −$4.7 M |
| FY22 | $40.0 M | $21.5 M | $14.1 M |
| FY23 | $41.9 M | $31.6 M | $22.9 M |
| FY24 | $35.9 M | $33.7 M | $27.0 M |
| FY25 | $45.7 M | $36.9 M | $27.3 M |
| FY26 | $59.0 M | $46.3 M | $31.2 M |
Jun 2026: operating cash $24.8 M = 284% of the quarter's profit
- Operating cash (quarterly) $24.8 M
| Quarter | Operating cash (quarterly) |
|---|---|
| Sep 2023 | $8.7 M |
| Dec 2023 | −$1.6 M |
| Mar 2024 | $11.4 M |
| Jun 2024 | $17.4 M |
| Sep 2024 | $7.8 M |
| Dec 2024 | $1.1 M |
| Mar 2025 | $8.8 M |
| Jun 2025 | $27.9 M |
| Sep 2025 | $15.7 M |
| Dec 2025 | $6.6 M |
| Mar 2026 | $11.9 M |
| Jun 2026 | $24.8 M |
Operating cash as % of profit
- Operating cash as % of profit 284%
| Quarter | Operating cash as % of profit |
|---|---|
| Sep 2023 | 117% |
| Dec 2023 | −27% |
| Mar 2024 | 111% |
| Jun 2024 | 177% |
| Sep 2024 | 103% |
| Dec 2024 | 12% |
| Mar 2025 | 84% |
| Jun 2025 | 291% |
| Sep 2025 | 130% |
| Dec 2025 | 54% |
| Mar 2026 | 89% |
| Jun 2026 | 284% |
Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.
What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.
Where does IBEX Limited's cash go?
IBEX Limited does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $55.0 M on assets over the last 3 years. Averaged over those years that is 2.8% of FY26 revenue a year.
Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.
Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.
Spending on assets: $55.0 M over the last 3 years.
FY26: capex $27.8 M, up from the year before
- Capex $27.8 M
| Quarter | Capex |
|---|---|
| FY21 | $20.8 M |
| FY22 | $25.9 M |
| FY23 | $19.0 M |
| FY24 | $8.9 M |
| FY25 | $18.4 M |
| FY26 | $27.8 M |
Jun 2026: capex $3.2 M in the quarter
- Capex (quarterly) $3.2 M
| Quarter | Capex (quarterly) |
|---|---|
| Sep 2023 | $2.1 M |
| Dec 2023 | $2.9 M |
| Mar 2024 | $1.7 M |
| Jun 2024 | $2.2 M |
| Sep 2024 | $3.6 M |
| Dec 2024 | $4.3 M |
| Mar 2025 | $5.3 M |
| Jun 2025 | $5.2 M |
| Sep 2025 | $7.6 M |
| Dec 2025 | $11.7 M |
| Mar 2026 | $5.3 M |
| Jun 2026 | $3.2 M |
Free cash
- Free cash $21.7 M
| Quarter | Free cash |
|---|---|
| Sep 2023 | $6.6 M |
| Dec 2023 | −$4.5 M |
| Mar 2024 | $9.7 M |
| Jun 2024 | $15.2 M |
| Sep 2024 | $4.1 M |
| Dec 2024 | −$3.2 M |
| Mar 2025 | $3.6 M |
| Jun 2025 | $22.8 M |
| Sep 2025 | $8.0 M |
| Dec 2025 | −$5.1 M |
| Mar 2026 | $6.6 M |
| Jun 2026 | $21.7 M |
In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.
What is IBEX Limited's P/E ratio, and how does it compare with its own history?
IBEX Limited's P/E is 14.3×, near the high end of its own history: higher than 91% of past readings. Its usual P/E (the middle reading) is 12.2×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.
P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.
P/E 14.3× against a usual 12.2×: near the high end of its own history: higher than 91% of past readings
- P/E 14.3×
- Median 12.2×
| Week | P/E | Median |
|---|---|---|
| 11 Jul 2025 | 12.1× | 12.2× |
| 18 Jul 2025 | 12.4× | 12.2× |
| 25 Jul 2025 | 12.4× | 12.2× |
| 1 Aug 2025 | 11.6× | 12.2× |
| 8 Aug 2025 | 11.8× | 12.2× |
| 15 Aug 2025 | 12.0× | 12.2× |
| 22 Aug 2025 | 12.6× | 12.2× |
| 29 Aug 2025 | 12.3× | 12.2× |
| 5 Sep 2025 | 12.3× | 12.2× |
| 12 Sep 2025 | 17.1× | 12.2× |
| 19 Sep 2025 | 17.1× | 12.2× |
| 26 Sep 2025 | 17.1× | 12.2× |
| 3 Oct 2025 | 13.6× | 12.2× |
| 10 Oct 2025 | 12.9× | 12.2× |
| 17 Oct 2025 | 13.0× | 12.2× |
| 24 Oct 2025 | 13.7× | 12.2× |
| 31 Oct 2025 | 13.4× | 12.2× |
| 7 Nov 2025 | 13.2× | 12.2× |
| 14 Nov 2025 | 12.9× | 12.2× |
| 21 Nov 2025 | 12.5× | 12.2× |
| 28 Nov 2025 | 12.6× | 12.2× |
| 5 Dec 2025 | 13.2× | 12.2× |
| 12 Dec 2025 | 13.5× | 12.2× |
| 19 Dec 2025 | 13.7× | 12.2× |
| 26 Dec 2025 | 13.8× | 12.2× |
| 2 Jan 2026 | 11.9× | 12.2× |
| 9 Jan 2026 | 12.5× | 12.2× |
| 16 Jan 2026 | 12.5× | 12.2× |
| 23 Jan 2026 | 12.7× | 12.2× |
| 30 Jan 2026 | 12.2× | 12.2× |
| 6 Feb 2026 | 11.5× | 12.2× |
| 13 Feb 2026 | 9.89× | 12.2× |
| 20 Feb 2026 | 9.71× | 12.2× |
| 27 Feb 2026 | 9.50× | 12.2× |
| 6 Mar 2026 | 10.0× | 12.2× |
| 13 Mar 2026 | 9.41× | 12.2× |
| 20 Mar 2026 | 9.20× | 12.2× |
| 27 Mar 2026 | 8.68× | 12.2× |
| 2 Apr 2026 | 8.65× | 12.2× |
| 10 Apr 2026 | 8.58× | 12.2× |
| 17 Apr 2026 | 9.28× | 12.2× |
| 24 Apr 2026 | 8.84× | 12.2× |
| 1 May 2026 | 8.82× | 12.2× |
| 8 May 2026 | 10.1× | 12.2× |
| 15 May 2026 | 9.54× | 12.2× |
| 22 May 2026 | 10.0× | 12.2× |
| 29 May 2026 | 9.88× | 12.2× |
| 5 Jun 2026 | 9.35× | 12.2× |
| 12 Jun 2026 | 9.65× | 12.2× |
| 18 Jun 2026 | 9.43× | 12.2× |
| 26 Jun 2026 | 9.39× | 12.2× |
| 2 Jul 2026 | 10.3× | 12.2× |
| 10 Jul 2026 | 10.6× | 12.2× |
| 17 Jul 2026 | 11.3× | 12.2× |
| 24 Jul 2026 | 10.7× | 12.2× |
| 31 Jul 2026 | 11.3× | 12.2× |
| 7 Aug 2026 | 11.9× | 12.2× |
| 14 Aug 2026 | 11.4× | 12.2× |
| 21 Aug 2026 | 11.7× | 12.2× |
| 28 Aug 2026 | 12.2× | 12.2× |
| 4 Sep 2026 | 12.5× | 12.2× |
| 11 Sep 2026 | 12.7× | 12.2× |
| 18 Sep 2026 | 12.8× | 12.2× |
| 25 Sep 2026 | 14.2× | 12.2× |
| 2 Oct 2026 | 13.9× | 12.2× |
| 9 Oct 2026 | 14.2× | 12.2× |
| 16 Oct 2026 | 14.6× | 12.2× |
| 23 Oct 2026 | 15.1× | 12.2× |
| 30 Oct 2026 | 14.3× | 12.2× |
| 4 Nov 2026 | 14.3× | 12.2× |
Earnings per share, 12 months
- Earnings per share, 12 months $3.13
| Week | Earnings per share, 12 months |
|---|---|
| 11 Jul 2025 | – |
| 18 Jul 2025 | – |
| 25 Jul 2025 | – |
| 1 Aug 2025 | – |
| 8 Aug 2025 | – |
| 15 Aug 2025 | – |
| 22 Aug 2025 | – |
| 29 Aug 2025 | – |
| 5 Sep 2025 | – |
| 12 Sep 2025 | – |
| 19 Sep 2025 | – |
| 26 Sep 2025 | $2.39 |
| 3 Oct 2025 | $2.39 |
| 10 Oct 2025 | $2.39 |
| 17 Oct 2025 | $2.39 |
| 24 Oct 2025 | $2.39 |
| 31 Oct 2025 | $2.39 |
| 7 Nov 2025 | $2.39 |
| 14 Nov 2025 | $2.39 |
| 21 Nov 2025 | $2.39 |
| 28 Nov 2025 | $2.39 |
| 5 Dec 2025 | $2.39 |
| 12 Dec 2025 | $2.39 |
| 19 Dec 2025 | $2.39 |
| 26 Dec 2025 | $2.78 |
| 2 Jan 2026 | $2.78 |
| 9 Jan 2026 | $2.78 |
| 16 Jan 2026 | $2.78 |
| 23 Jan 2026 | $2.78 |
| 30 Jan 2026 | $2.78 |
| 6 Feb 2026 | $2.78 |
| 13 Feb 2026 | $2.78 |
| 20 Feb 2026 | $2.78 |
| 27 Feb 2026 | $2.78 |
| 6 Mar 2026 | $2.78 |
| 13 Mar 2026 | $2.78 |
| 20 Mar 2026 | $2.78 |
| 27 Mar 2026 | $3.04 |
| 2 Apr 2026 | $3.04 |
| 10 Apr 2026 | $3.04 |
| 17 Apr 2026 | $3.04 |
| 24 Apr 2026 | $3.04 |
| 1 May 2026 | $3.04 |
| 8 May 2026 | $3.04 |
| 15 May 2026 | $3.04 |
| 22 May 2026 | $3.04 |
| 29 May 2026 | $3.04 |
| 5 Jun 2026 | $3.04 |
| 12 Jun 2026 | $3.04 |
| 18 Jun 2026 | $3.04 |
| 26 Jun 2026 | $3.20 |
| 2 Jul 2026 | $3.20 |
| 10 Jul 2026 | $3.20 |
| 17 Jul 2026 | $3.20 |
| 24 Jul 2026 | $3.20 |
| 31 Jul 2026 | $3.20 |
| 7 Aug 2026 | $3.20 |
| 14 Aug 2026 | $3.20 |
| 21 Aug 2026 | $3.20 |
| 28 Aug 2026 | $3.20 |
| 4 Sep 2026 | $3.20 |
| 11 Sep 2026 | $3.20 |
| 18 Sep 2026 | $3.20 |
| 25 Sep 2026 | $3.13 |
| 2 Oct 2026 | $3.13 |
| 9 Oct 2026 | $3.13 |
| 16 Oct 2026 | $3.13 |
| 23 Oct 2026 | $3.13 |
| 30 Oct 2026 | $3.13 |
| 4 Nov 2026 | $3.13 |
PEG 0.29 at the Jun 2026 quarter end: below 1.0, so the P/E is smaller than the earnings growth rate
- PEG 0.29×
- PEG = 1.0 1.00×
| Quarter | PEG | PEG = 1.0 |
|---|---|---|
| Sep 2023 | 0.32× | 1.00× |
| Dec 2023 | 0.97× | 1.00× |
| Jun 2024 | 0.75× | 1.00× |
| Sep 2024 | 0.92× | 1.00× |
| Dec 2024 | 0.20× | 1.00× |
| Mar 2025 | 0.17× | 1.00× |
| Jun 2025 | 0.36× | 1.00× |
| Sep 2025 | 0.27× | 1.00× |
| Dec 2025 | 0.27× | 1.00× |
| Mar 2026 | 0.19× | 1.00× |
| Jun 2026 | 0.29× | 1.00× |
Why the multiple is where it is: over the past year earnings per share moved +32.9% while the price moved +21.3%. Earnings did better than the price, which pulled the multiple down within its own range.
In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.
Is the IBEX Limited business getting better or worse?
IBEX Limited's business is giving mixed signals. There is no clear direction across the growth lines, with ROCE rising at 27.5%; each line tells part of the story. This is based on 12 quarters of 4 measures.
Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.
Growth year by year: revenue +15.4% in FY26, profit +25.7%
- Revenue growth 15.4%
| Quarter | Revenue growth |
|---|---|
| FY21 | – |
| FY22 | 11.2% |
| FY23 | 6.1% |
| FY24 | −2.8% |
| FY25 | 9.8% |
| FY26 | 15.4% |
Profit growth, EPS growth
- Profit growth 25.7%
- EPS growth 32.9%
| Quarter | Profit growth | EPS growth |
|---|---|---|
| FY21 | – | – |
| FY22 | 63.9% | 62% |
| FY23 | 47.2% | 45.2% |
| FY24 | 6.6% | 10.2% |
| FY25 | 9.5% | 28% |
| FY26 | 25.7% | 32.9% |
Three growth lines over twelve quarters: revenue stabilising, profit accelerating
- Revenue 15.4%
| Quarter | Revenue |
|---|---|
| Sep 2023 | 1.5% |
| Dec 2023 | −1.2% |
| Mar 2024 | −2.5% |
| Jun 2024 | −2.8% |
| Sep 2024 | −1.2% |
| Dec 2024 | 1.7% |
| Mar 2025 | 5.3% |
| Jun 2025 | 9.8% |
| Sep 2025 | 12.9% |
| Dec 2025 | 15.6% |
| Mar 2026 | 17% |
| Jun 2026 | 15.4% |
Profit, EPS
- Profit 25.7%
- EPS 30.8%
| Quarter | Profit | EPS |
|---|---|---|
| Sep 2023 | 30.1% | 27.3% |
| Dec 2023 | 13.7% | 12% |
| Mar 2024 | −7% | −5.9% |
| Jun 2024 | 6.6% | 11% |
| Sep 2024 | 3.9% | 10.8% |
| Dec 2024 | 26.2% | 37.8% |
| Mar 2025 | 31% | 50.2% |
| Jun 2025 | 9.5% | 29.8% |
| Sep 2025 | 22.6% | 47.7% |
| Dec 2025 | 19.9% | 43.3% |
| Mar 2026 | 27.1% | 40.2% |
| Jun 2026 | 25.7% | 30.8% |
ROCE: the return line, worked out each quarter
- ROCE 27.5%
| Quarter | ROCE |
|---|---|
| Sep 2023 | 20.4% |
| Dec 2023 | 17.6% |
| Mar 2024 | 17.1% |
| Jun 2024 | 19.2% |
| Sep 2024 | 19.3% |
| Dec 2024 | 25.1% |
| Mar 2025 | 24.3% |
| Jun 2025 | 23.4% |
| Sep 2025 | 24.8% |
| Dec 2025 | 30.5% |
| Mar 2026 | 29.8% |
| Jun 2026 | 27.5% |
Why it matters: when the lines disagree, each line above matters more than any single label.
Compound annual growth rate (%)
Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.
| Measure | 1yr | 3yr | 5yr | 10yr |
|---|---|---|---|---|
| Revenue | +15.4% | +7.2% | +7.8% | — |
| Profit | +25.7% | +13.6% | +28.8% | — |
| EPS | +32.9% | +23.3% | +34.5% | — |
| Stock price | +21.3% | — | — | — |
How much does IBEX Limited earn on its capital?
IBEX Limited earned a ROE of 27% in FY26. That is up from a low of 19% in FY22. Its return on capital used (ROIC) is 16.6 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 7.2% net margin and 2.08× asset turnover (sales divided by assets).
Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.
Why the return is what it is (FY26): a 7.2% net margin × 2.08× asset turnover × 1.82× leverage (assets divided by equity) ≈ 27.3% on equity. The margin does its share; borrowing is a big part of it.
The key test, return on capital used minus the cost of capital: 24.0% − 7.4% = +16.6 percentage points. The 7.4% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value.
The 24.0% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 25.1%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.
FY26: ROE 27%, the climb back from FY22's 19%
- ROE 27.2%
- ROIC (annual) 25.1%
- Cost of capital 7.4%
| Quarter | ROE | ROIC (annual) | Cost of capital |
|---|---|---|---|
| FY22 | 18.9% | 13.5% | 7.4% |
| FY23 | 21.1% | 18.6% | 7.4% |
| FY24 | 20.3% | 20.5% | 7.4% |
| FY25 | 27.4% | 21.7% | 7.4% |
| FY26 | 27.2% | 25.1% | 7.4% |
Jun 2026: ROIC 25.3% (last 12 months) against a 7.4% cost of capital
- ROIC (12 months) 25.3%
- ROE (12 months) 33.8%
- Cost of capital 7.4%
| Quarter | ROIC (12 months) | ROE (12 months) | Cost of capital |
|---|---|---|---|
| Sep 2023 | 19.8% | 13.3% | 7.4% |
| Dec 2023 | 19.8% | 19.4% | 7.4% |
| Mar 2024 | 17% | 15.6% | 7.4% |
| Jun 2024 | 16.2% | 26.1% | 7.4% |
| Sep 2024 | 19.8% | 24.2% | 7.4% |
| Dec 2024 | 19.9% | 17.9% | 7.4% |
| Mar 2025 | 21.9% | 26.5% | 7.4% |
| Jun 2025 | 21.4% | 35.9% | 7.4% |
| Sep 2025 | 21% | 29.7% | 7.4% |
| Dec 2025 | 23.3% | 34.7% | 7.4% |
| Mar 2026 | 24.3% | 32.8% | 7.4% |
| Jun 2026 | 25.3% | 33.8% | 7.4% |
Does IBEX Limited have too much debt?
IBEX Limited has total debt of $62.4 M against shareholder equity of $170 M as of Jun 2026, so its debt is 0.37× its equity. Year by year, that ratio went from 13.71 in FY19 to 0.37 in FY26. Keep that borrowing in mind when reading the returns on this page.
Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.
FY26: debt $62.4 M, 0.37× equity
- Total debt $62.4 M
| Quarter | Total debt |
|---|---|
| FY19 | $118 M |
| FY22 | $106 M |
| FY23 | $78.9 M |
| FY24 | $67.0 M |
| FY25 | $69.8 M |
| FY26 | $62.4 M |
Debt-to-equity
- Debt-to-equity 0.37×
| Quarter | Debt-to-equity |
|---|---|
| FY19 | 13.7× |
| FY22 | 0.93× |
| FY23 | 0.53× |
| FY24 | 0.40× |
| FY25 | 0.52× |
| FY26 | 0.37× |
Jun 2026: debt $62.4 M, debt-to-equity 0.37
- Total debt (quarterly) $62.4 M
| Quarter | Total debt (quarterly) |
|---|---|
| Sep 2023 | $75.0 M |
| Dec 2023 | $77.0 M |
| Mar 2024 | $70.1 M |
| Jun 2024 | $67.0 M |
| Sep 2024 | $66.7 M |
| Dec 2024 | $94.4 M |
| Mar 2025 | $91.8 M |
| Jun 2025 | $69.8 M |
| Sep 2025 | $66.5 M |
| Dec 2025 | $64.3 M |
| Mar 2026 | $61.0 M |
| Jun 2026 | $62.4 M |
Debt-to-equity
- Debt-to-equity 0.37×
| Quarter | Debt-to-equity |
|---|---|
| Sep 2023 | 0.48× |
| Dec 2023 | 0.49× |
| Mar 2024 | 0.44× |
| Jun 2024 | 0.40× |
| Sep 2024 | 0.39× |
| Dec 2024 | 0.87× |
| Mar 2025 | 0.74× |
| Jun 2025 | 0.52× |
| Sep 2025 | 0.46× |
| Dec 2025 | 0.42× |
| Mar 2026 | 0.38× |
| Jun 2026 | 0.37× |
What is the IBEX Limited shareholding pattern?
We have no ownership or short-position figures for IBEX Limited, so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 1.4 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.
There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.
How far is IBEX Limited from balance-sheet trouble?
For IBEX Limited, the Z-score is 5.28. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.
The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.
Why it matters: a Z-score of 5.28 is well clear of the danger zone, so the balance sheet is not the risk here.
How does IBEX Limited rank in its industry?
There is no score against its industry: IBEX Limited is not among the largest members shown in this industry comparison for Information Technology Services.
The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown.
Which companies is IBEX Limited compared with?
No sector comparison is shown here, not among the largest members shown in this industry comparison.
Which companies are close to IBEX Limited in size?
IBEX Limited is the 45th largest of 52 Information Technology Services companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: N-able, Inc., SharonAI Holdings Inc. and TaskUs, Inc. Just below it: Verra Mobility Corporation, WhiteFiber, Inc. and The Hackett Group, Inc.
Information Technology Services companies close in size
- N-able, Inc. $958 million
- SharonAI Holdings Inc. $874 million
- TaskUs, Inc. $791 million
- IBEX Limited $594 million
- Verra Mobility Corporation $377 million
- WhiteFiber, Inc. $355 million
- The Hackett Group, Inc. $330 million
All 52 Information Technology Services companies, largest first
Companies close in size in other industries
- Enovix Corporation $597 million · Electrical Equipment & Parts
- Civista Bancshares, Inc. $597 million · Banks - Regional
- IBEX Limited $594 million
- SOPHiA GENETICS SA $593 million · Health Information Services
- Weave Communications, Inc. $592 million · Health Information Services
What else do people ask about IBEX Limited?
What were IBEX Limited Limited's latest quarterly results?
IBEX Limited reported revenue of $164 M and net profit of $8.7 M for the Jun 2026 quarter. Revenue rose 11.6% and profit fell 8.8% compared with a year earlier. Earnings per share were $0.59.
The operating margin was 7.4%, 2.3 percentage points lower than a year earlier (as of 4 November 2026).
What is IBEX Limited Limited's market cap?
IBEX Limited's market capitalisation is $594 M at a stock price of $44.70. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).
How is IBEX Limited Limited performing?
IBEX Limited's latest readings are below. In its latest quarter, revenue rose 11.6% and profit fell 8.8% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 19 weeks running.
This describes what the data did, not a rating (as of 4 November 2026).
Will IBEX Limited Limited's stock price go up?
This page does not forecast IBEX Limited's stock price. What it shows instead: the stock price is $44.70. Its P/E of 14.3× is higher than 91% of its own last 1 years.
Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026).
Where is IBEX Limited Limited in its business cycle?
IBEX Limited's FY26 operating margin was 8.9%, against a 6-year range of 3.8% to 8.9%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 7.4%.
Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).
What could break the IBEX Limited Limited story?
Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high.
On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).
Is IBEX Limited Limited a stock worth studying right now?
What the numbers show: IBEX Limited is reporting record margins. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).
Where do these numbers come from?
Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.
Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.
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