NowVertical Group Inc. (TSX-V: NOW) reported Q2 2026 revenue of $9.7 million in its August 18, 2026 news release on GlobeNewswire — an 18% increase from $8.2 million in Q2 2025. Gross profit margin expanded to 50% from 47% over the same period, covering the three months ended June 30, 2026.

"Our global team stayed focused this quarter on delivering high-quality outcomes for our clients, and it shows in our results. Revenue grew 18% year over year in Q2, and gross margin improved to 50% in the three months ended June 30, 2026. That performance is a testament to our team and partners," said Andre Garber, Interim Chief Executive Officer.

On the cost side, administrative expenses rose to $4.0 million in Q2 2026 from $3.2 million in Q2 2025, a 24% increase, per the August 18 news release. Roughly $0.5 million of that increase reflected recurring additions in compensation and benefits, professional fees, and share-based compensation; approximately $0.3 million was non-recurring, covering severance, legal, business development, and recruitment costs, according to the same release.

Beginning with Q2 2026, NowVertical said in the August 18 release it is reporting a defined set of client KPIs so shareholders can track progress every quarter. The specific KPI figures were not included in the extracts available from the August 18 release. Management hosted an investor webinar at 11:00 AM ET (8:00 AM PT) on August 18, 2026 to discuss the financial and business results, per the same GlobeNewswire release.

As of August 14, 2026, NowVertical's stock traded at CAD 0.11, within a 52-week range of CAD 0.10 to CAD 0.57, per Investing.com. The company had 95.44 million shares outstanding and a market capitalization of CAD 10.45 million, per Google Finance.

Also on August 18, NowVertical announced the appointment of Philip Jones as Chief Financial Officer, per a separate GlobeNewswire release dated August 18, 2026. Jones joined the company in June 2026 as an advisor to management, providing strategic financial and capital markets support before stepping into the CFO role. Outgoing CFO Christine Nelson, who served four years with NowVertical including two as CFO, resigned for family reasons, per the same release. The release notes Nelson stepped down in connection with Jones' appointment.