WNS delivered strong revenue growth in Q1 2026, driven by new clients, expanded relationships, and the Kipi.ai acquisition. However, net income fell due to increased acquisition-related expenses and share-based compensation. Adjusted net income exceeded company expectations, supported by higher transaction volumes and favorable currency movements.
Revenue grew 9.5% YoY to $353.8 million, with strong client additions
Net income fell to $21.8 million due to acquisition-related costs and higher expenses
Adjusted net income increased to $46.0 million, up from $44.0 million YoY
Added 6 new clients and expanded 28 existing relationships
WNS remains optimistic about revenue momentum, driven by client growth and the Kipi.ai acquisition, while the pending Capgemini acquisition may impact future guidance.