Converge ICT Solutions Inc. posted revenues of P34.2 billion in the first nine months of 2026, up nearly 4% year-on-year, driven by strong enterprise growth and a stable residential subscriber base despite inflationary pressures and slower economic growth.
Enterprise revenues surged 22% to P6.4 billion from January to September, with the large corporate segment growing 29.3% and small and medium enterprises (SMEs) expanding 15.4%.
Residential revenues reached P27.9 billion, with the company maintaining more than 3.1 million subscribers as of end-September.
Converge CEO and Co-Founder Dennis Anthony Uy attributed the growth to investments in digital infrastructure and targeted programs for enterprise and SME clients.
Chief Operations Officer Benjamin Azada cited new business partnerships with international carriers, global technology firms, major hotels, and local government units, as well as opportunities arising from the activation of the Bifrost and SEA-H2X international subsea cables.
The company’s net income reached P8.1 billion, representing a 23.6% net income margin, while earnings before interest, taxes, depreciation, and amortization (EBITDA) totaled P19.9 billion, with a 58% margin.
Converge also recorded a 14.5% return on invested capital (ROIC), reflecting its capital efficiency and disciplined investment strategy, according to CFO Robert Yu.
Beyond its financial performance, the company secured the Institute of Corporate Directors’ Five Golden Arrow rating for the second consecutive year, the highest governance recognition for Philippine listed companies.
It also received three honors at the HR Asia Best Companies to Work for in Asia Awards 2026 for workplace excellence, diversity, equity and inclusion, and sustainability. The company likewise earned ISO/IEC 27001:2022 certification for its information security management systems.
President and Co-Founder Grace Uy attributed the company’s sustained profitability to disciplined cost management and investments focused on long-term value creation.
