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Mar 31

Genpact Q1 2025 Earnings Report

Genpact posted strong Q1 2025 results with $1.215 billion in revenue, driven by double-digit growth in Data-Tech-AI and solid earnings growth.

Key Takeaways

Genpact delivered $1.215 billion in revenue for Q1 2025, up 7.4% year-over-year. Net income was $131 million and adjusted EPS reached $0.84. Both operating and adjusted margins expanded, while free cash flow turned positive. The company remains focused on innovation and AI-led transformation to drive future growth.

Revenue rose 7.4% year-over-year to $1.215 billion

Data-Tech-AI revenue grew 11.1%, now 48% of total revenue

Adjusted operating margin expanded to 17.3%

Cash from operations was $40 million, reversing a negative outflow from Q1 2024

Total Revenue
$1.21B
Previous year: $1.13B
+7.4%
EPS
$0.84
Previous year: $0.73
+15.1%
Operating Margin
15.1%
Adjusted Operating Margin
17.3%
Gross Profit
$429M
Previous year: $396M
+8.3%
Cash and Equivalents
$562M
Previous year: $478M
+17.4%
Free Cash Flow
$40M
Previous year: -$49.6M
-180.7%
Total Assets
$4.89B
Previous year: $4.74B
+3.3%

Genpact

Genpact

Genpact Revenue by Segment

Genpact Revenue by Geographic Location

Forward Guidance

Genpact reduced its full-year revenue growth expectations but maintained margin and earnings guidance, with focus on sustaining performance through innovation and operational leverage.

Positive Outlook

  • Data-Tech-AI expected to grow ~5.1% YoY for FY25
  • Maintains full-year adjusted operating margin target of ~17.3%
  • Q2 revenue guided at $1.210B–$1.233B
  • Gross margin guidance steady at ~36.0%
  • Focus on AI-driven transformation remains strong

Challenges Ahead

  • Full-year revenue growth guidance lowered to 2.0%–5.0%
  • Digital Operations growth forecast reduced to 2.0% YoY
  • Q2 Digital Ops growth forecasted at only 0.6% YoY
  • Adjusted EPS range trimmed to $3.41–$3.52
  • Challenging macro environment impacting client spending

Revenue & Expenses

Visualization of income flow from segment revenue to net income