Information Services Group Inc. Segments Disclosure
NOTE 18—SEGMENT AND GEOGRAPHICAL INFORMATION
The Company operates in one segment, fact-based sourcing Advisory Services. The Company operates principally in the Americas, Europe and Asia Pacific. The Company’s foreign operations are subject to local government regulations and to the economic and political uncertainties of those areas.
The Company Chief Operating Decision Maker ( the “CODM”) is our Chairman & Chief Executive Officer, Michael Connors. The CODM uses net income as presented on our Consolidated Statement of Income and Comprehensive Income in evaluating performance and determining how to allocate resources of the company as a whole.
Geographical information for the segment is as follows:
Year Ended | ||||||||
December 31, | ||||||||
| 2025 | | 2024 | |
| |||
Revenues | ||||||||
Americas(1) | $ | 160,898 | $ | 158,853 | ||||
Europe(2) |
| 65,507 |
| 67,730 | ||||
Asia Pacific(3) |
| 18,320 |
| 21,002 | ||||
$ | 244,725 | $ | 247,585 | |||||
Fixed assets | ||||||||
Americas | $ | 5,117 | $ | 4,389 | ||||
Europe |
| 1,139 |
| 1,356 | ||||
Asia Pacific |
| 341 |
| 450 | ||||
$ | 6,597 | $ | 6,195 | |||||
(1) | Substantially all relates to operations in the United States. |
(2) | Includes revenues from operations in Germany of $25.9 million and $29.7 million in 2025 and 2024 respectively. Includes revenues from operations in the United Kingdom of $14.7 million and $16.9 million in 2025 and 2024, respectively. |
(3) | Includes revenues from operations in Australia of $15.4 million and $18.1 million in 2025 and 2024, respectively. |
The segregation of revenues by geographic region is based upon the location of the legal entity performing the services. The Company does not measure or monitor gross profit or operating income by geography or any other measure or metric, other than consolidated, for the purposes of making operating decisions or allocating resources.
Year Ended | ||||||
December 31, | ||||||
| 2025 | | 2024 | |||
Revenue | | $ | 244,725 | | $ | 247,585 |
Less: | | | ||||
Compensation expense |
| 159,215 |
| 162,245 | ||
Contract labor | 19,499 | 19,601 | ||||
Third-party costs |
| 2,149 |
| 10,074 | ||
Travel and entertainment | 10,140 | 8,915 | ||||
Professional fees | 7,115 | 6,536 | ||||
Computer expense | 4,648 | 5,023 | ||||
Restructuring costs | 2,310 | 4,887 | ||||
Other segment expenses (1) | 17,315 | 18,659 | ||||
Depreciation and amortization | 4,538 | 5,888 | ||||
Interest income | (151) | (782) | ||||
Interest expense | 4,067 | 5,837 | ||||
Gain on the sale of business | (720) | (4,532) | ||||
Foreign currency translation | 64 | 7 | ||||
Income tax provision | 5,195 | 2,388 | ||||
Net income | $ | 9,341 | $ | 2,839 | ||
(1) Other segment expenses include communication, occupancy, marketing, stock-based compensation, acquisition- and-disposition and other overhead expenses.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 6, 2026 | Showing above |
| 2024 | Mar 13, 2025 | |
| 2023 | Mar 8, 2024 | |
| 2022 | Mar 10, 2023 | |
| 2021 | Mar 11, 2022 | |
| 2020 | Mar 12, 2021 | |
| 2019 | Mar 11, 2020 | |
| 2018 | Mar 15, 2019 | |
| 2017 | Mar 16, 2018 | |
| 2016 | Mar 15, 2017 | |
| 2015 | Mar 10, 2016 | |
About Segments Disclosures
Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.
Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.