Genpact (G) Q3 2026: AI segment surges 30% as EPS beat streak hits four quarters

Genpact posted adjusted diluted EPS of $1.07 for the third quarter of 2026, beating expectations for a fourth straight quarter. Revenue also came in above estimates at $1.39 billion.

The Advanced Technology Solutions segment surged 30.3% year-over-year to $405.1 million and now represents 29% of total net revenues, while Core Business Services stayed flat. Genpact's mix is shifting toward higher-value, AI-driven work.

Gross profit rose 12.1%, lifting the gross margin to 38.0%. Management attributed the improvement to its pivot toward Agentic Operations, a model in which AI agents run operational workflows while human experts own the outcomes.

Management raised full-year adjusted diluted EPS growth guidance to at least 13% year-over-year and kept revenue growth guidance at at least 7%. Advanced Technology Solutions is expected to grow at least 25% for the full year.

Operating cash flow fell sharply year-over-year and cash and equivalents declined 32.6%, with management pointing to a rise in accounts receivable tied in part to a recent ERP system implementation. Whether Core Business Services returns to growth is the number to keep an eye on.