Dye & Durham posts Q4 adjusted EBITDA margin ~53%

Dye & Durham reported fourth-quarter results on Sept. 30, 2026, with adjusted EBITDA margin of about 53% and revenue growth excluding Credas, the company said.

Q4 margin and cost timetable

The company said the roughly 53% adjusted EBITDA margin reflects near-term operating leverage and prior expense actions. Officials said remaining cost initiatives are expected to be completed by the end of fiscal 2027 and that management will monitor progress against that timetable.

Data showed revenue rose on an ex-Credas basis, the company said, while free cash flow improved and leverage remained a focus for the board. Officials cautioned that execution risk and integration of prior acquisitions could affect outcomes and that they continue to evaluate capital allocation in light of cash generation and debt levels.

The results leave investors focused on margin sustainability and cash conversion. The company said it will report interim progress in regular investor communications and at its next quarterly update.

An explicit near-term milestone: the company expects to complete the remaining cost initiatives by the end of fiscal 2027, by March 31, 2027, the filing said; investors should watch quarterly updates through that date for confirmation of targets and any changes to leverage plans.