Business

Converge Nine-Month Revenue Rises 3.9% as Enterprise Business Expands

Quick Read

What Readers Should Know

Converge reported ₱34.2 billion in revenue for the first nine months of 2026, up 3.9% year on year. Enterprise revenue grew 22%, while net income after tax reached ₱8.1 billion.

Key Takeaways

  • Consolidated revenue increased 3.9%.
  • Enterprise revenue grew 22% to ₱6.4 billion.
  • Residential subscribers reached 3.10 million.
  • EBITDA was ₱19.9 billion with a 58% margin.
  • Net income after tax reached ₱8.1 billion.

The broadband provider reports ₱34.2 billion in consolidated revenue and ₱8.1 billion in net income for January–September.

Solutions reported ₱34.2 billion in consolidated revenue for the first nine months of 2026, up 3.9% from ₱33 billion a year earlier.

The enterprise segment was the main growth driver, increasing 22% to ₱6.4 billion, according to the company’s supplied disclosure.

Within that business, large corporate revenue rose 29.3%, while small and medium enterprise revenue increased 15.4%.

The results cover January through September, rather than the third quarter alone.

Residential Business and Profitability

Residential revenue reached ₱27.9 billion, supported by 3.10 million subscribers at the end of September.

Converge reported ₱19.9 billion in EBITDA, with a margin of 58%.

EBITDA measures earnings before interest, taxes, depreciation, and amortization. It is separate from the company’s ₱8.1 billion net income after tax.

  • Metric: Consolidated revenue; Reported nine-month result: ₱34.2 billion.
  • Metric: Revenue growth; Reported nine-month result: 3.9%.
  • Metric: Enterprise revenue; Reported nine-month result: ₱6.4 billion.
  • Metric: EBITDA; Reported nine-month result: ₱19.9 billion.
  • Metric: Net income after tax; Reported nine-month result: ₱8.1 billion.
  • Metric: Accrued capital expenditure; Reported nine-month result: ₱9.9 billion.

Infrastructure Supports Enterprise Plans

The company said international cable investments helped it reroute traffic during a subsea cable disruption.

It also highlighted Green Lane status for its Angeles Data Center through Pentagon Digital Global Corp., supporting the project’s permitting process.

Converge connects those investments with its broader move into cloud, co-location, and other enterprise technology services.

The results show enterprise customers contributing a growing share of revenue alongside a substantial residential base.

The supplied narrative does not give a year-on-year net income comparison, so the reported ₱8.1 billion should not be described as profit growth without additional supporting figures.

Reader Questions

Frequently Asked Questions

What period do the figures cover?

The first nine months of 2026.

Are these third-quarter-only results?

No. The headline figures are cumulative January–September totals.

Which segment drove growth?

Enterprise, with 22% revenue growth.

Is EBITDA the same as net income?

No. They are different financial measures.

How much capital expenditure was reported?

₱9.9 billion in accrued capital expenditure.

About the Author

Introvert, wanderer, blogger, foodie, a hip-hop music writer, and one of the co-founders of a tech start-up company called GigsManila.