Genpact Raises 2026 Profit Guidance After ATS Growth

The Tip Desk · November 7, 2026 · 3 min read

Advanced Technology Solutions net revenue rose 30.3% year over year to $405 million as Genpact lifted full-year adjusted diluted EPS growth to at least 13%.

Genpact Limited (G) reported Advanced Technology Solutions net revenue growth of 30.3% in the third quarter ended September 30, 2026, faster than the 24.1% year-over-year increase in the second quarter, and raised its full-year 2026 outlook for gross margin and adjusted diluted earnings per share.

The Agentic Operations company said Advanced Technology Solutions net revenues were $405 million, or 29% of total net revenues. Core Business Services net revenues were $980 million, flat year over year, and accounted for 71% of the total.

Total net revenues were $1.385 billion, up 7.3% year over year and 7.5% on a constant-currency basis. Chief Executive Balkrishan “BK” Kalra said the quarter was “another clear proof point that our pivot to Agentic Operations is working, as our flywheel continues to accelerate.” Chief Financial Officer Sumita Pandit said the results reflected “strong revenue growth, significant year-over-year gross margin expansion, and adjusted diluted EPS growth of 10.3%.”

Gross profit was $527 million, up 12.1% year over year, with a margin of 38.0%. That compared with a 36.5% gross margin in the second quarter. Income from operations was $211 million, up 10.1% year over year, with a 15.2% margin. Adjusted income from operations was $247 million, up 7.7% year over year, with a 17.8% margin.

Net income was $152 million, up 4.0% year over year, with a 10.9% margin. Diluted earnings were $0.89 a share, up 7.2% year over year. Adjusted diluted earnings were $1.07 a share, up 10.3% year over year. Adjusted diluted EPS growth slowed from 13.6% year over year at $1.00 a share in the second quarter.

Cash generated from operations was $93 million. Genpact repurchased approximately 870,000 common shares for about $31 million at an average price of $35.49 and returned about $31 million in dividends. Year to date, the company returned about $246 million through share repurchases and dividends.

Genpact’s updated full-year 2026 outlook calls for net revenue growth of at least 7% year over year as reported, or 6.8% on a constant-currency basis. The company expects Advanced Technology Solutions revenue to grow at least 25% year over year and said Core Business Services growth is expected to continue year over year.

Gross margin guidance was increased to approximately 36.9%, up approximately 90 basis points year over year, from a prior outlook of approximately 36.5%, up approximately 50 basis points year over year. Adjusted income from operations margin is expected at approximately 17.7%, up approximately 25 basis points year over year. Adjusted diluted earnings per share growth was raised to at least 13% year over year, from at least 12% after the second quarter.

Pandit said the company is “raising our full year 2026 gross margin and adjusted diluted EPS guidance to reflect this” and that it “continue[s] to invest significantly in Agentic Operations, strengthening our market position and building a high-quality business with durable growth.”

The company’s third-quarter results sat against a second-quarter backdrop in which Advanced Technology Solutions had already been growing 24.1% year over year and represented 27% of net revenues, while Core Business Services had risen 1.9% year over year. The third-quarter mix shift to 29% for Advanced Technology Solutions and the flat Core Business Services line marked a further tilt toward the higher-growth technology franchise.

Genpact said it will host a conference call on November 5, 2026, at 5:00 p.m. ET to discuss the quarter.