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Andersen Group ANDG Business Segments — Personnel costs

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Other financials

Income statement

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Revenue$240.7M+15.7%
Gross profit$74.4M-17.5%
Operating income$24.1M-54.3%
Net income$494.0K-99.0%
EPS (diluted)$0.03

Balance sheet

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Cash & equivalents$206.8M+117%
Total debt$448.7M
Total equity-$780.1M
Total assets$608.6M

Cash flow

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Operating cash flow-$3.9M-134%
CapEx$3.7M+192%
Free cash flow-$7.6M-176%

Valuation

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Market cap$5.53B+115%
Enterprise value$5.78B
P/E90.9×
P/S6.8×

Profitability

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Gross margin38.6%+1.4pp
Operating margin19.8%+1.7pp
Net margin20%+1.5pp
FCF margin15.6%-2.7pp

Returns & leverage

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Return on equity-13.3%
Debt / equity-0.6×
Current ratio2.4×

Where this comes from

Reported directly by Andersen Group in its filing.

Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.

The source filing: Andersen Group’s 10-Q, filed May 12, 2026.

Filed
May 12, 2026, 4:23 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-219544
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Revenue$240,746$208,067
Operating expenses:
Personnel costs175,685115,911
Non-personnel and other operating costs(1)38,70737,414
Depreciation and amortization2,2742,095
Total operating expenses$216,666$155,420
Total operating income$24,080$52,647
Interest income1,8791,200

Item 1. Item

FAQ

What is Andersen Group's business segments — personnel costs?
Andersen Group (ANDG) reported business segments — personnel costs of $175.69M in Q1 2026.
How has Andersen Group's business segments — personnel costs changed year-over-year?
Andersen Group's business segments — personnel costs increased by 51.6% year-over-year, from $115.91M to $175.69M.
What does business segments — personnel costs mean?
Includes all compensation, benefits, and related expenses for the professional and support staff dedicated to the reportable segment. As a professional services firm, this represents the largest component of operating costs and directly correlates with the firm's capacity to deliver high-quality advisory services. Monitoring this metric is essential for assessing labor efficiency and talent investment strategies.

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