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

Company: Genpact LTD
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 2
Chunk 11
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. AOI of our Consumer and Healthcare segment increased by 7.5%, largely due to operating efficiency in the second quarter of 2025 compared to the second quarter of 2024. 

AOI for “Unallocated corporate expenses” in the table above primarily represents the adjustment of allowances for credit losses and over- or under-absorption of corporate overheads, which are not allocated to any individual segment for management's internal reporting purposes. See Note 18—“Segment reporting” under Part I, Item 1— “Unaudited Consolidated Financial Statements” above.

56

Six Months Ended June 30, 2025 compared to the Six Months Ended June 30, 2024

Net revenues. Our net revenues were $2,469.3 million in the first half of 2025, up $161.9 million, or 7.0%, from $2,307.4 million in the first half of 2024. 

Adjusted for foreign exchange, primarily the impact of changes in the values of the Australian dollar and Indian rupee against the U.S. dollar, our net revenues grew 7.3% in the first half of 2025 compared to the first half of 2024 on a constant currency2 basis. We provide information about our revenue growth on a constant currency2 basis so that our revenue may be viewed without the impact of foreign currency exchange rate fluctuations, thereby facilitating period-to-period comparisons of our business performance. 

Our average headcount increased by 9.7% to approximately 144,900 in the first half of 2025 from approximately 132,100 in the first half of 2024.

Prior to the quarter commencing April 1, 2025, we disaggregated our 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, we now also disaggregate our revenue as revenue from Advanced Technology Solutions or Core Business Services.

Net revenues disaggregated between Data-Tech-AI and Digital Operations were as follows:

Six months ended June 30,Percentage Change Increase/(Decrease)202420252025 vs. 2024        (dollars in millions)Data-Tech-AI$1,069.9$1,181.210.4 %Digital Operations1,237.61,288.14.1 %Net revenues$2,307.4 $2,469