Genpact(US:G)2025-11-06 21:13Revenue Performance - Net revenues for Q3 2025 were $1.291 billion, an increase of 6.6% year-over-year, and 6.0% on a constant currency basis[5] - Advanced Technology Solutions net revenues reached $311 million, up 20.0% year-over-year, accounting for 24% of total net revenues[5] - Core Business Services net revenues were $980 million, up 3.0% year-over-year, representing 76% of total net revenues[5] - Data-Tech-AI net revenues were $622 million, up 9.3% year-over-year, representing 48% of total net revenues[5] - Digital Operations net revenues were $669 million, up 4.3% year-over-year, representing 52% of total net revenues[5] - Full year 2025 net revenues are projected to be between $5.059 billion and $5.071 billion, indicating year-over-year growth of approximately 6.1% to 6.4%[8] - The company expects Q4 2025 net revenues in the range of $1.298 billion to $1.311 billion, representing year-over-year growth of approximately 4.0% to 5.0%[8] - Total revenue for the three months ended September 30, 2024, was $1,210,949, compared to $1,135,792 in 2023, marking an increase of 6.6%[38] Profitability Metrics - Diluted EPS was $0.83, up 12.2% year-over-year, while adjusted diluted EPS was $0.97, up 14.1% year-over-year[8] - Gross profit was $470 million, reflecting an 8.9% increase year-over-year, with a margin of 36.4%[5] - The estimated net income margin for the year ending December 31, 2025, is projected to be 10.8%[30] - The adjusted income from operations margin for the year ending December 31, 2025, is expected to be 17.4%[30] - The diluted EPS for the year ending December 31, 2025, is forecasted to be between $3.09 and $3.10, with an adjusted diluted EPS ranging from $3.60 to $3.61[33] - For the quarter ending December 31, 2025, the estimated diluted EPS is projected to be between $0.78 and $0.80, with an adjusted diluted EPS between $0.93 and $0.94[37] Operational Cash Flow - Cash generated from operations was $308 million, including a $45 million client prepayment, with net cash from operations up 15% year-over-year[8] - Net cash provided by operating activities for the nine months ended September 30, 2024, was $412,177, compared to $526,161 in 2025, indicating a decrease of 21.6%[17] - The company reported a net increase in cash and cash equivalents of $440,047 for the nine months ended September 30, 2024, compared to $86,895 in 2025[17] Year-over-Year Comparisons - Net revenues for the three months ended September 30, 2024, were $1,210,949, a decrease of 6.2% compared to $1,291,257 for the same period in 2025[15] - Gross profit for the nine months ended September 30, 2024, was $1,244,294, representing a 8.4% increase from $1,348,718 in 2025[15] - Net income for the three months ended September 30, 2024, was $132,818, compared to $145,831 in 2025, reflecting a decrease of 8.9%[15] - Basic earnings per share for the three months ended September 30, 2024, were $0.75, compared to $0.84 in 2025, a decrease of 10.7%[15] - Adjusted diluted earnings per share for the nine months ended September 30, 2024, were $2.06, compared to $2.31 in 2025, reflecting a decrease of 10.8%[26] Accounts Receivable and Revenue Growth - The company experienced an increase in accounts receivable by $95,790 for the nine months ended September 30, 2024, compared to an increase of $80,303 in 2025[17] - Advanced Technology Solutions revenue for the three months ended September 30, 2024, was $259,184, showing an increase from $248,124 in the previous year[38] - Core Business Services revenue for the three months ended September 30, 2024, was $951,766, up from $887,668 in the same period of 2023, indicating a growth of 7.2%[38] - The company expects to maintain a consistent growth trajectory in both Advanced Technology Solutions and Core Business Services moving forward[38]