Genpact Limited (G) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.97	$1	+3.1%	—	$1.3B	—
Q1 26	$0.92	$0.98	+6.5%	—	$1.3B	—
Q4 25	$0.93	$0.97	+4.3%	—	$1.3B	—
Q3 25	$0.9	$0.97	+7.8%	—	$1.3B	—
Q2 25	$0.85	$0.88	+3.5%	—	$1.3B	—
Q1 25	$0.79	$0.84	+6.3%	—	$1.2B	—
Q4 24	$0.86	$0.91	+5.8%	—	$1.2B	—
Q3 24	$0.8	$0.85	+6.2%	—	$1.2B	—
Q2 24	$0.72	$0.79	+9.7%	—	$1.2B	—
Q1 24	$0.68	$0.73	+7.4%	—	$1.1B	—
Q4 23	$0.74	$0.82	+10.8%	—	$1.1B	—
Q3 23	$0.73	$0.76	+4.1%	—	$1.1B	—
Q2 23	$0.69	$0.72	+4.3%	—	$1.1B	—
Q1 23	$0.65	$0.68	+4.6%	—	$1.1B	—
Q4 22	$0.68	$0.7	+2.9%	—	$1.1B	—
Q3 22	$0.69	$0.75	+8.7%	—	$1.1B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$3.18	—	—	$5.1B	—
FY24	—	$2.88	—	—	$4.8B	—
FY23	—	$3.46	—	—	$4.5B	—
FY22	—	$1.92	—	—	$4.4B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$2.6B	$2.7B	$3B	$3.5B	$3.7B	$4B	$4.4B	$4.5B	$4.8B	$5.1B
YoY change	+4.46%	+6.46%	+9.64%	+17.3%	+5.36%	+8.43%	+8.68%	+2.42%	+6.48%	+6.56%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	2.6B	2.7B	3B	3.5B	3.7B	4B	4.4B	4.5B	4.8B	5.1B
Cost of revenue	1.6B	1.7B	1.9B	2.3B	2.4B	2.6B	2.8B	2.9B	3.1B	3.2B
Gross profit	1B	1.1B	1.1B	1.2B	1.3B	1.4B	1.5B	1.6B	1.7B	1.8B
Gross margin	39.5%	38.6%	36%	34.8%	34.8%	35.6%	35.1%	35.1%	35.5%	36%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	644M	679.6M	693.9M	794.9M	789.8M	865.7M	938.4M	913.1M	967.1M	1B
Operating expenses	642.7M	645.5M	657.3M	756.4M	784.8M	864.3M	937.8M	912.5M	961.5M	1B
Operating income	337.5M	363.8M	382.9M	436.9M	463.1M	509.2M	556M	626.7M	702.1M	760.3M
Operating margin	13.1%	13.3%	12.8%	12.4%	12.5%	12.7%	12.7%	14%	14.7%	15%
Non-operating income, net	8.3M	-11.5M	16.3M	6M	-13.7M	25.4M	-38.5M	23.5M	22M	19.5M
Pretax income	329.6M	320.6M	362M	399.4M	400.5M	483.1M	465.2M	602.2M	676.8M	730.1M
Income tax	62.1M	59.7M	80.8M	94.5M	92.2M	113.7M	111.8M	-29M	163.2M	177.7M
Net income	267.5M	260.8M	281.3M	304.9M	308.3M	369.4M	353.4M	631.3M	513.7M	552.5M
Net margin	10.4%	9.53%	9.37%	8.66%	8.31%	9.19%	8.08%	14.1%	10.8%	10.9%
EBITDA	428.5M	459M	497.6M	574.7M	633.5M	696.5M	691.3M	764.1M	849.6M	901.3M
EPS	1.3	1.36	1.48	1.6	1.62	1.97	1.92	3.46	2.88	3.18
Diluted EPS	1.28	1.34	1.45	1.56	1.57	1.91	1.88	3.41	2.85	3.13

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	1.1B	1.1B	1.1B	1.2B	1.2B	1.2B	1.2B	1.3B	1.3B	1.3B	1.3B	1.3B
Cost of revenue	733M	738.7M	734.8M	759.8M	779.5M	803M	785.9M	804.4M	821.6M	837M	824.4M	853.1M
Gross profit	402.8M	407.6M	396.5M	416.4M	431.4M	445.8M	429M	450.1M	469.7M	482.3M	471.7M	490.3M
Gross margin	35.5%	35.6%	35%	35.4%	35.6%	35.7%	35.3%	35.9%	36.4%	36.6%	36.4%	36.5%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	229.7M	237.4M	235M	239.6M	243.3M	249.2M	241.1M	266.4M	262.1M	277.1M	270.3M	294.1M
Operating expenses	229.6M	237.5M	229.6M	239.6M	243.3M	249.1M	241M	266.3M	262M	277.1M	270M	294.1M
Operating income	165.7M	162.6M	160M	170.3M	181.7M	190.2M	183.7M	179.4M	199.4M	197.8M	198.6M	192.9M
Operating margin	14.6%	14.2%	14.1%	14.5%	15%	15.2%	15.1%	14.3%	15.4%	15%	15.3%	14.4%
Non-operating income, net	2.5M	8.8M	6.6M	5.7M	6.2M	3.4M	3M	10.8M	2.8M	2.9M	7M	13.1M
Pretax income	154.9M	158.5M	156.4M	162.4M	175.5M	182.5M	175.2M	176.7M	189.4M	188.8M	194M	190.9M
Income tax	37.3M	-132.8M	39.4M	40.4M	42.7M	40.6M	44.4M	44M	43.5M	45.7M	46M	45.1M
Net income	117.6M	291.3M	116.9M	122M	132.8M	141.9M	130.9M	132.7M	145.8M	143.1M	148M	145.7M
Net margin	10.4%	25.4%	10.3%	10.4%	11%	11.4%	10.8%	10.6%	11.3%	10.8%	11.4%	10.8%
EBITDA	194.8M	201.6M	196.4M	203.3M	220.8M	229.1M	212.8M	215.9M	237.5M	235M	229.3M	229.2M
EPS	0.65	1.61	0.65	0.68	0.75	0.81	0.75	0.76	0.84	0.83	0.87	0.86
Diluted EPS	0.64	1.59	0.64	0.67	0.74	0.79	0.73	0.75	0.83	0.82	0.86	0.86

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	5B	6.2B	5.1B	8B	7.9B	10B	8.5B	6.3B	7.7B	8.1B	5.5B
Enterprise value	5.5B	6.9B	6.1B	9.4B	9.2B	11.1B	9.6B	7.2B	8.4B	8.7B	6.5B
Shares outstanding	206.9M	193.9M	190.7M	190.1M	190.4M	187.8M	184.2M	182.3M	178.4M	173.9M	173.9M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	18.8	23.6	18.3	26.3	25.5	27	24.1	10	14.9	14.7	9.7
P/S	1.96	2.25	1.71	2.28	2.12	2.48	1.95	1.41	1.61	1.6	1.04
P/B	3.91	4.32	3.66	4.75	4.29	5.25	4.67	2.81	3.21	3.19	2.1
EV/EBITDA	12.9	15	12.2	16.3	14.5	15.9	13.9	9.49	9.93	9.65	7.34
EV/Sales	2.14	2.51	2.03	2.66	2.47	2.75	2.19	1.62	1.77	1.71	1.23
Earnings yield	5.31%	4.24%	5.47%	3.8%	3.91%	3.71%	4.14%	9.97%	6.7%	6.79%	10.3%
FCF yield	5.1%	4.64%	3.48%	3.98%	6.4%	6.39%	4.56%	6.83%	6.92%	8.9%	8.75%
PEG	—	—	—	—	—	—	—	—	—	—	0.74

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	39.5%	38.6%	36%	34.8%	34.8%	35.6%	35.1%	35.1%	35.5%	36%	36.5%
Operating margin	13.1%	13.3%	12.8%	12.4%	12.5%	12.7%	12.7%	14%	14.7%	15%	15%
Net margin	10.4%	9.53%	9.37%	8.66%	8.31%	9.19%	8.08%	14.1%	10.8%	10.9%	11.1%
ROE	20.8%	18.3%	20%	18%	16.8%	19.5%	19.4%	28.1%	21.5%	21.7%	22.4%
ROA	9.27%	7.56%	7.97%	6.84%	6.33%	7.43%	7.7%	13.1%	10.3%	9.46%	9.18%
ROIC	15.5%	13.8%	12.7%	10.9%	11.4%	13%	14.7%	19.8%	16.8%	18.5%	17.2%
Return on tangible assets	45.4%	50.9%	72.6%	36.1%	30.6%	31.5%	33.9%	47.4%	32.2%	13.8%	33.7%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.68	1.71	1.39	1.7	1.45	1.47	1.61	1.44	2.16	1.66	2
Quick ratio	1.68	1.71	1.39	1.7	1.45	1.47	1.61	1.44	2.16	1.66	2
Debt / equity	0.7	0.86	0.93	1.09	1.08	1.05	0.93	0.67	0.6	0.69	0.54
Debt / assets	0.31	0.35	0.37	0.41	0.41	0.4	0.37	0.31	0.29	0.3	0.26
Net debt / EBITDA	1.12	1.56	1.89	2.38	2.06	1.58	1.52	1.2	0.91	0.62	0.96
Interest coverage	15.1	9.03	8.46	8.87	8.12	9.29	9.01	10.1	9.51	10.9	10.6
Effective tax rate	18.8%	18.6%	22.3%	23.7%	23%	23.5%	24%	0%	24.1%	24.3%	23.6%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	12.4	14.1	15.7	18.5	19.5	21.4	23.7	24.6	26.7	29.2	30.7
EPS (basic)	1.3	1.36	1.48	1.6	1.62	1.97	1.92	3.46	2.88	3.18	3.18
EPS (diluted)	1.28	1.34	1.45	1.56	1.57	1.91	1.88	3.41	2.85	3.13	3.36
Book value per share	6.22	7.35	7.36	8.89	9.63	10.1	9.91	12.3	13.4	14.7	15.5
FCF per share	1.24	1.47	0.94	1.68	2.65	3.39	2.11	2.37	2.97	4.17	3.22
Cash per share	2.04	2.6	1.93	2.46	3.57	4.79	3.51	3.2	3.76	6.92	3.1
Capex per share	0.39	0.29	0.44	0.38	0.37	0.25	0.27	0.3	0.45	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	3.17%	2.03%	2.81%	2.08%	1.88%	1.17%	1.16%	1.24%	1.68%	—	—
Capex / operating cash flow	22.8%	17.4%	21.4%	22.4%	12.6%	7.66%	11.6%	10.4%	12.8%	—	—
Payout ratio	—	17.9%	20.3%	21.2%	24.1%	21.8%	26%	15.8%	21.1%	21.3%	21.3%
Dividend yield	—	0.76%	1.11%	0.81%	0.94%	0.81%	1.08%	1.58%	1.42%	1.45%	2.31%

Yield

2.31%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.188

ex-dividend Sep 10, 2026

Payout ratio

21%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 10, 2026	$0.188
Jun 10, 2026	$0.188
Mar 16, 2026	$0.188

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$1.1B	$1.1B	$1.1B	$1.2B	$1.2B	$1.2B	$1.2B	$1.3B	$1.3B	$1.3B	$1.3B	$1.3B
YoY change	+2.23%	+3.96%	+3.85%	+6.39%	+6.62%	+8.94%	+7.4%	+6.65%	+6.63%	+5.65%	+6.68%	+7.1%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	422.6M	504.5M	368.4M	467.1M	680.4M	899.5M	646.8M	583.7M	671.6M	1.2B
Receivables	615.3M	693.1M	774.2M	914.3M	881M	887.7M	994.8M	1.1B	1.2B	1.2B
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	1.2B	1.4B	1.4B	1.6B	1.7B	1.9B	1.8B	1.9B	2.1B	2.7B
Property, plant & equipment	148.7M	161M	169.6M	575.8M	544.3M	478.7M	367.1M	348.1M	377M	361.2M
Goodwill & intangibles	2.3B	2.9B	3.1B	3.6B	3.9B	3.8B	3.5B	3.5B	3.4B	1.8B
Total assets	2.9B	3.4B	3.5B	4.5B	4.9B	5B	4.6B	4.8B	5B	5.8B
Accounts payable	9.8M	15.1M	42.6M	22M	13.9M	25M	35.8M	27.7M	36.5M	27.5M
Short-term debt	200.5M	210.8M	330.3M	170.9M	358.1M	463.6M	246.8M	503.4M	87.4M	437.7M
Total current liabilities	731.4M	838.8M	976.3M	910.2M	1.2B	1.3B	1.1B	1.3B	963.7M	1.6B
Long-term debt	700.7M	1B	977.4M	1.7B	1.6B	1.5B	1.5B	999.6M	1.4B	1.3B
Total liabilities	1.6B	2B	2.1B	2.8B	3B	3.1B	2.8B	2.6B	2.6B	3.3B
Shareholders' equity	1.3B	1.4B	1.4B	1.7B	1.8B	1.9B	1.8B	2.2B	2.4B	2.5B
Total debt	901.2M	1.2B	1.3B	1.8B	2B	2B	1.7B	1.5B	1.4B	1.8B
Net debt	478.6M	715.7M	939.3M	1.4B	1.3B	1.1B	1.1B	919.3M	796.8M	910.7M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	541M	583.7M	478.4M	914.2M	1B	671.6M	561.6M	663.3M	740.8M	1.2B	928.1M	517.4M
Receivables	1.1B	1.1B	1.1B	1.2B	1.2B	1.2B	1.2B	1.3B	1.3B	1.2B	1.3B	1.4B
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	1.9B	1.9B	1.8B	2.3B	2.4B	2.1B	1.9B	2.1B	2.2B	2.7B	2.4B	2.2B
Property, plant & equipment	356.3M	348.1M	392.9M	394.2M	393.3M	377M	395.5M	414.1M	361M	361.2M	368.1M	382.2M
Goodwill & intangibles	3.5B	3.5B	3.5B	3.4B	3.4B	3.4B	3.4B	3.7B	3.7B	3.7B	3.7B	3.7B
Total assets	4.6B	4.8B	4.7B	5.2B	5.3B	5B	4.9B	5.3B	5.4B	5.8B	5.6B	5.4B
Accounts payable	26.7M	27.7M	28M	28.4M	18.5M	36.5M	37.3M	43.9M	34.8M	27.5M	26.2M	16.1M
Short-term debt	143.2M	503.4M	531.8M	481.8M	485.7M	87.4M	88.8M	525M	437.5M	437.7M	439.4M	97.6M
Total current liabilities	979M	1.3B	1.2B	1.2B	1.3B	963.7M	791.7M	1.4B	1.5B	1.6B	1.4B	1.1B
Long-term debt	1.4B	999.6M	1B	1.4B	1.4B	1.4B	1.4B	1B	991.6M	1.3B	1.3B	1.3B
Total liabilities	2.6B	2.6B	2.4B	2.8B	2.9B	2.6B	2.4B	2.7B	2.8B	3.3B	3.1B	2.8B
Shareholders' equity	2B	2.2B	2.3B	2.3B	2.4B	2.4B	2.5B	2.6B	2.5B	2.5B	2.5B	2.6B
Total debt	1.5B	1.5B	1.5B	1.9B	1.9B	1.4B	1.4B	1.5B	1.4B	1.8B	1.8B	1.4B
Net debt	999.3M	919.3M	1.1B	959.7M	835.3M	796.8M	882.5M	868.3M	688.3M	910.7M	1.2B	897.2M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	267.5M	260.8M	281.3M	304.9M	308.3M	369.4M	353.4M	631.3M	513.7M	552.5M
Depreciation & amortization	81.7M	94.9M	103.7M	128.7M	159.8M	167.6M	129.5M	104M	96.3M	95M
Stock-based compensation	25.1M	35.7M	49M	83.9M	74M	82M	77.4M	88.6M	66.4M	89.6M
Change in working capital	-49.1M	-59.4M	-50.5M	-143.4M	30M	-63K	-98.2M	-139M	-87.8M	-50.6M
Operating cash flow	357.3M	318.7M	394.8M	326M	550.5M	613M	436.2M	530.3M	625.3M	812.9M
Capital expenditure	-81.4M	-55.5M	-84.3M	-73.2M	-69.6M	-47M	-50.6M	-55.4M	-80.1M	—
Investing cash flow	-118.9M	-345.5M	-200.6M	-323.3M	-256.2M	-118.8M	-32.8M	-75.6M	-103.5M	-407M
Dividends paid	—	-46.7M	-57.1M	-64.7M	-74.2M	-80.5M	-91.8M	-100M	-108.5M	-117.7M
Share repurchases	-345.2M	-219.8M	-154.2M	-30M	-137.1M	-298.2M	-214.1M	-225.5M	-252.7M	-283M
Financing cash flow	-293.5M	-227.5M	-244.3M	-581.5M	-487.9M	-547.2M	-636.5M	-750.5M	-479.8M	-175.9M
Net change in cash	-55.2M	-254.3M	-50M	-578.8M	-193.6M	-53M	-233.1M	-295.7M	42.1M	229.9M
Free cash flow	257M	285.4M	179.1M	319.1M	503.9M	637M	389.3M	432M	530.2M	724.3M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	117.6M	291.3M	116.9M	122M	132.8M	141.9M	130.9M	132.7M	145.8M	143.1M	148M	145.7M
Depreciation & amortization	25.1M	25.6M	24.2M	23.8M	23.8M	24.4M	21.2M	21.5M	26.2M	26M	20.8M	20.6M
Stock-based compensation	22.3M	24.7M	9.2M	18.4M	19.7M	19.1M	20M	21.8M	22.2M	25.6M	22.3M	26.4M
Change in working capital	-61.4M	-56.4M	-39.9M	-13.5M	-50.5M	16M	8.8M	-57.9M	-31.4M	29.9M	-31M	-156.5M
Operating cash flow	100.2M	134.8M	122.6M	155.6M	125.4M	221.7M	189.5M	177.4M	308.4M	286.7M	-23.5M	72.4M
Capital expenditure	-13.3M	-18.1M	-24M	-19.2M	-19.8M	-17.2M	-22M	—	—	—	—	—
Investing cash flow	-13.3M	-18.1M	-24M	-19.2M	-19.8M	-17.2M	1.4M	-21M	237K	0	0	350M
Dividends paid	-24.9M	-24.8M	-27.5M	-27.3M	-26.9M	-26.7M	-29.8M	-29.6M	-29.3M	-29M	-31.8M	-31.6M
Share repurchases	0	-75M	-30M	-62.7M	-75M	-85M	-63M	-30M	-90M	-100M	-70M	-50M
Financing cash flow	-127.2M	-187.9M	-44.2M	-198.8M	-112M	-521.5M	-101.7M	16.6M	-298M	211.3M	-188.7M	-439.6M
Net change in cash	-40.2M	-71.2M	54.5M	-62.3M	-6.4M	-317.1M	89.1M	173M	10.6M	498M	-212.2M	-17.2M
Free cash flow	147.4M	173M	-50.2M	189.4M	208.2M	182.8M	17.9M	152.8M	288.9M	264.8M	-55M	49.9M

Genpact Limited Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement