Converge Information and Communications Technology Solution
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Converge Information and Communications Technology Solution (CNVRG) investor relations material

Converge Information and Communications Technology Solution Q1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2026 earnings summary14 May, 2026

Executive summary

  • Consolidated revenues rose 3.7% year-over-year to P11.2Bn in 1Q2026, driven by both residential and enterprise segments.

  • Residential revenues reached P9.2Bn with over 3 million subscribers, while enterprise revenues grew 16% to P2.0Bn.

  • Net income after tax was P3.0Bn, maintaining a net income margin of 27.0%.

  • EBITDA increased 3.3% to P6.9Bn, with a strong margin of 61.8%.

  • Customer service metrics improved significantly, including faster resolution rates and lower ticket times.

Financial highlights

  • Gross profit grew 4% year-over-year to P7.4Bn, with cost of services up 3%.

  • General and administrative expenses increased 9% to P2.7Bn.

  • Profit before income tax rose 2% to P4.1Bn.

  • Total comprehensive income for the period was P3.06Bn, up 1%.

  • Cash CAPEX for 1Q2026 was P2.9Bn.

Outlook and guidance

  • Management remains focused on expanding network infrastructure and enhancing customer experience.

  • Continued investment in manpower and digital infrastructure to support growth and resiliency.

Reason for the 9% YoY residential ARPU decline
Drivers of the 16% enterprise revenue growth
Strategic role of the new Angeles Data Center
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Q2 202611 Aug, 2026
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