Revenue: As of FY2025, the actual value is USD 5.08 B, beating the estimate of USD 5.069 B.EPS: As of FY2025, the actual value is USD 3.13, beating the estimate of USD 3.1067.EBIT: As of FY2025, the actual value is USD 799.8 M.<h4>Total Net Revenues</h4>Genpact Limited reported total net revenues of $5,079.9 million in 2025, an increase of 6.6% from $4,767.1 million in 2024. On a constant currency basis, net revenues grew by 6.4% year-over-year. The average headcount increased to approximately 146,000 in 2025 from approximately 135,400 in 2024.<h4>Revenue Disaggregation</h4><ul><li>Data-Tech-AI Services: Revenues were $2,442.4 million in 2025, up 9.3% from $2,233.9 million in 2024.</li><li>Digital Operations Services: Revenues were $2,637.5 million in 2025, up 4.1% from $2,533.3 million in 2024.</li><li>Advanced Technology Solutions: Revenues reached $1,204.1 million in 2025, a 17.0% increase from $1,029.1 million in 2024.</li><li>Core Business Services: Revenues were $3,875.8 million in 2025, up 3.7% from $3,738.0 million in 2024.</li></ul><h4>Net Revenues by Segment</h4><ul><li>Financial Services: Net revenues increased by 5.3% to $1,356.8 million in 2025 from $1,288.9 million in 2024.</li><li>Consumer and Healthcare: Net revenues increased by 1.9% to $1,724.7 million in 2025 from $1,692.7 million in 2024.</li><li>High Tech and Manufacturing: Net revenues increased by 11.9% to $1,998.4 million in 2025 from $1,785.6 million in 2024.</li></ul><h4>Operational Costs and Profitability</h4><ul><li>Cost of Revenue: Increased by 5.6% to $3,248.9 million in 2025 from $3,077.1 million in 2024.</li><li>Gross Profit: Rose by 8.3% to $1,831.0 million in 2025 from $1,690.1 million in 2024.</li><li>Gross Margin: Improved from 35.5% in 2024 to 36.0% in 2025.</li><li>Selling, General and Administrative (SG&amp;A) Expenses: Amounted to $1,046.7 million in 2025, an 8.2% increase from $967.1 million in 2024. As a percentage of net revenues, SG&amp;A was 20.6% in 2025 compared to 20.3% in 2024.</li><li>Amortization of acquired intangible assets: Decreased by -8.2% to $24.3 million in 2025 from $26.5 million in 2024.</li><li>Other operating (income) expense, net: Shifted to a net expense of $9.8 million in 2025 from a net income of -$5.6 million in 2024.</li><li>Income from Operations: Increased by 6.9% to $750.2 million in 2025 from $702.1 million in 2024, with the operating margin slightly increasing from 14.7% to 14.8%.</li><li>Foreign Exchange Gains, Net: A net gain of $7.4 million in 2025, up from $2.9 million in 2024.</li><li>Interest Income (Expense), Net: A net expense of -$49.6 million in 2025, up from -$47.2 million in 2024. The weighted average interest rate on debt increased from 4.5% to 4.7%.</li><li>Other Income (Expense), Net: Net income of $22.1 million in 2025, up from $19.0 million in 2024.</li><li>Income Tax Expense: Increased to $177.7 million in 2025 from $163.2 million in 2024, with the effective tax rate increasing from 24.1% to 24.3%.</li><li>Net Income: Increased by 7.6% to $552.5 million in 2025 from $513.7 million in 2024, with net income as a percentage of net revenues increasing from 10.8% to 10.9%.</li></ul><h4>Adjusted Income from Operations (AOI)</h4><ul><li>Total AOI: Increased by 9.0% to $887.6 million in 2025 from $813.9 million in 2024.</li><li>AOI Margin: Increased from 17.1% in 2024 to 17.5% in 2025.</li><li>AOI by Segment:<ul><li>Financial Services: Increased by 13.1% to $244.2 million in 2025 from $215.9 million in 2024.</li><li>Consumer and Healthcare: Increased by 0.7% to $295.1 million in 2025 from $293.1 million in 2024.</li><li>High Tech and Manufacturing: Increased by 15.9% to $370.2 million in 2025 from $319.4 million in 2024.</li></ul></li></ul><h4>Cash Flow</h4><ul><li>Net Cash Provided by Operating Activities: $812.9 million in 2025, up from $615.4 million in 2024.</li><li>Net Cash Used for Investing Activities: -$495.5 million in 2025, compared to -$106.0 million in 2024.</li><li>Net Cash Used for Financing Activities: -$106.8 million in 2025, compared to -$424.8 million in 2024.</li></ul><h4>Unique Metrics</h4><ul><li>New Bookings: $5.5 billion in 2025, compared to $5.7 billion in 2024.</li><li>Goodwill and Intangible Assets: Increased by $151.4 million in 2025, primarily due to the acquisition of XponentL Data, Inc.</li><li>Short-term investments: Increased to $350.0 million in 2025 from $23.4 million in 2024.</li><li>Long-term debt: Increased by $320.9 million, primarily due to the issuance of the 2025 Senior Notes, partially offset by term loan payments.</li><li>Employee Attrition Rate: 24% in 2025.</li></ul><h4>Outlook / Guidance</h4>Genpact Limited’s board of directors approved a 10% increase in the quarterly cash dividend to $0.1875 per common share for 2026, representing a planned annual dividend of $0.75 per common share. The company expects cash from operations, cash reserves, and debt capacity to be sufficient to finance operations, growth plans, dividend payments, and share repurchases for the foreseeable future. However, there is no assurance that the company will continue to declare and pay dividends on its common shares.

Genpact | 10-K: FY2025 Revenue Beats Estimate at USD 5.08 B