ASGN reported FY 2025 revenue of USD 4.0 billion (down 2.9%), with Commercial segment revenue of USD 2.8 billion (down 2.7%) and Federal Government segment revenue of USD 1.2 billion (down 3.3%). FY 2025 gross profit was USD 1.1 billion (down 2.9%), while gross margin was 28.9%; Commercial gross margin was 32.8% and Federal Government gross margin was 19.7%. FY 2025 SG&A expenses were USD 854.0 million (21.5% of revenue), including USD 26.5 million in acquisition, integration and strategic planning expenses (including USD 5.2 million tied to strategic workforce optimization) and a USD 4.4 million write-off of previously capitalized software enhancement costs that will no longer be placed into service. Net income for FY 2025 was USD 113.5 million. Interest expense, net was USD 67.7 million; amortization of intangible assets was USD 64.8 million; and income tax provision was USD 49.1 million with an effective tax rate of 30.2%. Operating cash flow was USD 327.9 million, cash and cash equivalents were USD 161.2 million at year-end, and ASGN had about USD 455.0 million available under its USD 500.0 million revolving credit facility. By business mix, total IT consulting services revenue was USD 2.5 billion (62.3% of total revenue, up 5.1%), including Commercial consulting revenue of USD 1.3 billion (up 14.4%), while assignment revenue was USD 1.5 billion (37.7% of total revenue, down 13.8%). ASGN said the Federal Government segment decline was mainly related to the loss of certain contracts as a result of initiatives associated with DOGE, and noted Federal gross margin pressure from a higher volume of low-margin software licenses, the loss of certain higher-margin contracts tied to DOGE initiatives, and higher fringe benefit rates. ASGN also highlighted FY 2025 Commercial consulting bookings of USD 1.5 billion, with a book-to-bill ratio of 1.2 to 1, and Federal Government new contract awards of USD 1.0 billion with a book-to-bill ratio of 0.9 to 1. Federal contract backlog was USD 2.9 billion at December 31, 2025, with a contract backlog coverage ratio of 2.5 to 1. During 2025, ASGN used USD 304.1 million to acquire TopBloc and repurchased USD 170.1 million of common stock. The company also terminated its deferred compensation plan in Q2 2025, with final distribution of participant account assets expected in June 2026; plan assets and liabilities were USD 19.1 million at December 31, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ASGN Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000890564-26-000013), on February 25, 2026, and is solely responsible for the information contained therein.