Genpact (G) Q4 2025 earnings summary

Executive summary

• Achieved record annual revenue of $5.08 billion in 2025, up 6.6% year-over-year, driven by strong growth in Advanced Technology Solutions and Data-Tech-AI segments.

• Advanced Technology Solutions (ATS) revenue grew 17% to $1.204 billion, now 24% of total revenue, with agentic solutions gaining rapid traction.

• Diluted EPS for 2025 was $3.13, up 9.8% year-over-year; adjusted diluted EPS was $3.65, up 11.3%.

• Net income rose 7.6% to $552 million, with a margin of 10.9%.

• Closed over $5.5 billion in new bookings, with more than a third from ATS; 16 large deals won, and backlog at record levels.

Financial highlights

• Q4 revenue increased 5.6% to $1.319 billion; ATS revenue up 15% to $323 million.

• Gross profit increased 8.3% to $1.83 billion, with a margin of 36.0%.

• Adjusted income from operations was $888 million, up 9.0% year-over-year, with a margin of 17.5%.

• Operating cash flow for 2025 was $813 million; $401 million returned to shareholders via buybacks and dividends.

• Partner-related revenue grew nearly 50% year-over-year, and the company now has over 7,000 AI builders and 20,000 AI practitioners.

Outlook and guidance

• 2026 revenue expected to grow at least 7% year-over-year; ATS revenue to grow at least high teens.

• Full-year gross margin expected to expand 50 bps to 36.5%; adjusted operating income margin to rise 25 bps to 17.7%.

• Adjusted diluted EPS for 2026 expected to grow approximately 10% to $4.01.

• Q1 2026 revenue guidance: $1.282–$1.294 billion (6% growth at midpoint); ATS to accelerate to high teens growth.