Genpact LTD
Business
Genpact is a business process management and digital operations company providing Advanced Technology Solutions (data & AI, digital technology, advisory, agentic solutions) and Core Business Services (decision support, technology services, digital operations) to enterprises. The company serves approximately one quarter of the Fortune Global 500 across financial services, consumer goods, healthcare, high tech, and manufacturing through master services agreements, software-as-a-service contracts, and consulting engagements.
Summary from 10-K filed 2026-02-26
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net revenues | 5,080 | 4,767 | 4,477 | 4,371 | 4,022 | |
| Cost of revenue | 3,249 | 3,077 | 2,906 | 2,835 | 2,590 | |
| Gross profit | 1,831 | 1,690 | 1,571 | 1,536 | 1,432 | |
| Selling, general and administrative expenses | 1,047 | 967 | 913 | 938 | 866 | |
| Amortization of acquired intangible assets | 24 | 26 | 31 | 43 | 58 | |
| Other operating (income) expense, net | 10 | −6 | −5 | 53 | −1 | |
| Income from operations | 750 | 702 | 631 | 502 | 509 | |
| Foreign exchange gains, net | 7 | 3 | 4 | 15 | 13 | |
| Interest income (expense), net | −50 | −47 | −48 | −52 | −51 | |
| Other income (expense), net | 22 | 19 | 15 | −103,000 | 13 | |
| Income before income tax expense | 730 | 677 | 602 | 465 | 483 | |
| Income tax expense (benefit) | 178 | 163 | −29 | 112 | 114 | |
| Net income | 552 | 514 | 631 | 353 | 369 | |
| Earnings per common share, basic (in usd per share) | 3.18 | 2.88 | 3.46 | 1.92 | 1.97 | |
| Earnings per common share, diluted (in usd per share) | 3.13 | 2.85 | 3.41 | 1.88 | 1.91 | |
| Weighted average number of common shares used in computing basic earnings per common share (in shares) | 174 | 178 | 182 | 184 | 188 | |
| Weighted average number of common shares used in computing dilutive earnings per common share (in shares) | 177 | 180 | 185 | 188 | 193 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 854 | 648 | 584 | 647 | 899 | |
| Short-term investments | 350 | 23 | 0 | — | — | |
| Accounts receivable, net of allowance for credit losses of $12,094 and $22,097 as of December 31, 2024 and 2025, respectively | 1,241 | 1,199 | 1,116 | 995 | 888 | |
| Prepaid expenses and other current assets | 212 | 210 | 192 | 138 | 134 | |
| Total current assets | 2,656 | 2,080 | 1,892 | 1,779 | 1,922 | |
| Property, plant and equipment, net | 190 | 208 | 190 | 181 | 215 | |
| Operating lease right-of-use assets | 182 | 182 | 186 | 198 | 271 | |
| Deferred tax assets | 259 | 269 | 299 | 135 | 106 | |
| Intangible assets, net | 67 | 27 | 53 | 90 | 170 | |
| Goodwill | 1,781 | 1,670 | 1,684 | 1,684 | 1,731 | |
| Contract cost assets | 197 | 201 | 203 | 217 | 239 | |
| Other assets, net of allowance for credit losses of $7,320 and $10,659 as of December 31, 2024 and 2025, respectively | 510 | 350 | 300 | 304 | 322 | |
| Total assets | 5,843 | 4,987 | 4,806 | 4,589 | 4,975 | |
| Short term borrowing | 0 | 0 | 10 | 151 | 0 | |
| Current portion of long-term debt | 376 | 26 | 432 | 26 | 383 | |
| Accounts payable | 28 | 36 | 28 | 36 | 25 | |
| Income taxes payable | 43 | 35 | 38 | 45 | 47 | |
| Accrued expenses and other current liabilities | 1,104 | 813 | 759 | 791 | 791 | |
| Operating lease liabilities | 52 | 53 | 50 | 54 | 62 | |
| Total current liabilities | 1,602 | 964 | 1,318 | 1,103 | 1,309 | |
| Long-term debt, less current portion | 1,166 | 1,195 | 825 | 1,249 | 1,272 | |
| Operating lease liabilities | 151 | 154 | 168 | 190 | 248 | |
| Deferred tax liabilities | 21 | 16 | 12 | 4 | 4 | |
| Other liabilities | 353 | 269 | 235 | 216 | 245 | |
| Total liabilities | 3,294 | 2,598 | 2,557 | 2,763 | 3,078 | |
| Preferred shares, $0.01 par value, 250,000,000 authorized, none issued | 0 | 0 | 0 | 0 | 0 | |
| Common shares, $0.01 par value, 500,000,000 authorized, 174,661,943 and 170,341,479 issued and outstanding as of December 31, 2024 and 2025, respectively | 2 | 2 | 2 | 2 | 2 | |
| Additional paid-in capital | 2,019 | 1,945 | 1,884 | 1,777 | 1,717 | |
| Retained earnings | 1,390 | 1,237 | 1,085 | 780 | 732 | |
| Accumulated other comprehensive income (loss) | −861 | −794 | −723 | −733 | −554 | |
| Total equity | 2,549 | 2,390 | 2,248 | 1,826 | 1,897 | |
| Commitments and contingencies | — | — | — | — | — | |
| Total liabilities and equity | 5,843 | 4,987 | 4,806 | 4,589 | 4,975 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net income | 552 | 514 | 631 | 353 | 369 | |
| Depreciation and amortization | 71 | 70 | 73 | 87 | 109 | |
| Amortization of debt issuance costs (including loss on extinguishment of debt) | 2 | 2 | 2 | 2 | 3 | |
| Write-down of property, plant and equipment (refer to Note 20) | 2 | 0 | 0 | 33 | 0 | |
| Write-down of operating right-of-use assets (refer to Note 20) | 8 | 0 | 0 | — | — | |
| Loss on sale of business classified as held for sale | 0 | 0 | 802,000 | 0 | 0 | |
| Allowance for credit losses (refer to Note 4) | 21 | 14 | 4 | 2 | 1 | |
| Unrealized (gain)/loss on revaluation of foreign currency assets/liabilities | 4 | −11 | −1 | 525,000 | −8 | |
| Stock-based compensation expense | 90 | 66 | 89 | 77 | 82 | |
| Deferred tax expense (benefit) | 20 | 37 | −158 | −29 | −9 | |
| Others, net | 643,000 | −2 | 1 | 863,000 | 623,000 | |
| Increase in accounts receivable | −44 | −97 | −131 | −112 | −12 | |
| Increase in prepaid expenses, other current assets, contract cost assets, operating lease right-of-use assets and other assets | −170 | −74 | −39 | 4 | 83 | |
| Increase (decrease) in accounts payable | −6 | 9 | −8 | 14 | 12 | |
| Increase in accrued expenses, other current liabilities, operating leases liabilities and other liabilities | 230 | 63 | 2 | −54 | −2 | |
| Increase (decrease) in income taxes payable | 8 | −2 | −6 | 2 | 6 | |
| Net cash provided by operating activities | 813 | 615 | 491 | 444 | 694 | |
| Purchase of property, plant and equipment | −78 | −83 | −55 | −51 | −53 | |
| Payment for internally generated intangible assets (including intangibles under development) | −10 | −2 | −3 | −4 | −4 | |
| Purchase of short term investments | −350 | −23 | 0 | 0 | — | |
| Payment for business acquisitions, net of cash acquired | −80 | 0 | −682,000 | −33,000 | −72 | |
| Proceeds from sale of property, plant and equipment | 59,000 | 3 | 25,000 | 60,000 | 6 | |
| Payment for divestiture of business | 0 | 0 | −20 | 18 | 0 | |
| Proceeds from maturity of short term investments | 23 | 0 | 0 | — | — | |
| Net cash used for investing activities | −495 | −106 | −79 | −37 | −123 | |
| Repayment of finance lease obligations | −10 | −11 | −12 | −13 | −14 | |
| Payment of debt issuance and refinancing costs | −4 | −4 | 0 | −3 | −3 | |
| Proceeds of long-term debt | 350 | 400 | 0 | 239 | 350 | |
| Repayment of long-term debt | −27 | −433 | −20 | −620 | −34 | |
| Proceeds from short-term borrowings | 85 | 50 | 148 | 261 | 0 | |
| Repayment of short-term borrowings | −85 | −60 | −289 | −110 | −250 | |
| Proceeds from issuance of common shares under stock-based compensation plans | 18 | 17 | 39 | 28 | 35 | |
| Payment for net settlement of stock-based awards | −33 | −22 | −22 | −45 | −36 | |
| Payment of earn-out consideration | 0 | 0 | −2 | −2 | −3 | |
| Dividend paid | −118 | −108 | −100 | −92 | −80 | |
| Payment for stock repurchased and retired (including expenses related to stock repurchased) | −283 | −253 | −225 | — | — | |
| Net cash used for financing activities | −107 | −425 | −483 | −571 | −333 | |
| Net increase (decrease) in cash and cash equivalents | 211 | 85 | −71 | −164 | 239 | |
| Effect of exchange rate changes | −5 | −20 | 8 | −88 | −20 | |
| Cash paid during the period for interest (including interest rate swaps) | 60 | 69 | 48 | 51 | 46 | |
| Cash paid during the period for income taxes, net of refund | 144 | 114 | 157 | 146 | 32 | |
| Property, plant and equipment acquired under finance lease obligations | 12 | 11 | 2 | 7 | 286,000 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Genpact LTD's CIK number?
Genpact LTD's SEC CIK number is 0001398659 (1398659). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Genpact LTD's SEC filings?
All of Genpact LTD's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Genpact LTD last report earnings?
Genpact LTD (G) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001398659-26-000008). This is Genpact LTD's most recent earnings filing of record — not a forecast of its next earnings date.
What is Genpact LTD's most recent earnings 8-K?
Genpact LTD's latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001398659-26-000008. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Genpact LTD's latest earnings 8-K →
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