Genpact (G) Q2 2026 earnings summary

Executive summary

• Q2 2026 net revenues reached $1.343 billion, up 7.1% year-over-year, driven by 24.1% growth in Advanced Technology Solutions, which now represents 27% of total revenue, and 1.9% growth in Core Business Services.

• Net income for Q2 2026 was $146 million, up 9.8% year-over-year, with a net income margin of 10.8%.

• Gross margin expanded for the 13th consecutive quarter to 36.5%, with adjusted diluted EPS up 13.6% to $1.00.

• The company is accelerating its strategic pivot to Agentic Operations, driving recurring, high-margin revenue and expanding its addressable market.

• Record bookings, backlog, and pipeline highlight strong business momentum and structural improvements.

Financial highlights

• Advanced Technology Solutions revenue reached $363 million in Q2, up 24.1% year-over-year; Core Business Services revenue was $980 million, up 1.9%.

• Gross profit was $490 million, with gross margin at 36.5%, up 60 basis points year-over-year.

• Adjusted income from operations was $234 million, up 7.5% year-over-year, with a margin of 17.4%.

• Net income was $146 million; adjusted diluted EPS was $1.00, up 13.6% year-over-year; reported diluted EPS was $0.86, up 14.7%.

• Cash from operations was $72 million, down from $177 million in Q2 2025; cash and equivalents were $517 million at quarter end.

Outlook and guidance

• Full-year 2026 revenue growth expected at least 7%, with Advanced Technology Solutions projected to grow at least 25%.

• Q3 2026 revenue guidance: $1.369–$1.382 billion, with gross margin expected to expand to 36.6% and adjusted diluted EPS of $1.04–$1.05.

• Adjusted income from operations margin for full year expected at ~17.7%, up 25 bps year-over-year.

• Adjusted diluted EPS for the full year expected to grow at least 12%, guided to $4.09.

• Transition away from non-strategic work expected to impact revenue growth by about two points in 2026, concentrated in H2.