Company: G
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001398659-25-000098
Chunk: 86

Company: Genpact LTD
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 86
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Disaggregation of revenuePrior to the quarter commencing April 1, 2025, the Company disaggregated its revenue as revenue from either Digital Operations or Data-Tech-AI based on the nature of the solutions and services provided. Beginning with the second quarter ended June 30, 2025, the Company now also disaggregates its revenue as revenue from Advanced Technology Solutions or Core Business Services.Digital Operations includes revenues from services related to running client operations, as well as certain IT support services for legacy applications, including end-user computing support and infrastructure production support.Data-Tech-AI includes revenues from data and AI, digital technology, advisory, agentic solutions, decision support services, and technology services. In the following table, the Company’s revenue is disaggregated between Data-Tech-AI and Digital Operations: Three months ended June 30,Six months ended June 30,2024202520242025Data-Tech-AI$546,043 $599,265 $1,069,878 $1,181,213 Digital Operations630,169655,1531,237,5711,288,131Net revenues$1,176,212 $1,254,418 $2,307,449 $2,469,344 Advanced Technology Solutions includes revenues from solutions and services focused on data and AI, digital technology, advisory and agentic solutions. Core Business services includes revenues from decision support services and technology services as well as Digital Operations.In the following table, the Company’s revenue is disaggregated by the nature of solutions and services provided between Advanced Technology Solutions and Core Business Services:Three months ended June 30,Six months ended June 30,2024202520242025Advanced Technology Solutions$249,462 $292,655 $489,311 $570,282 Core Business Services926,750961,7631,818,1381,899,062Net revenues$1,176,212 $1,254,418 $2,307,449 $2,469,344 All three of the Company's segments include revenue from each of the service types included in the tables above. See Note 18 for additional information.Contract balancesContract assets represent the contract acquisition fees or other upfront fees paid to a customer. Such costs are amortized over the expected period of benefit and recorded as an adjustment to the transaction price and deducted from revenue. The Company’s assessment did not indicate any significant impairment losses on its contract assets