Company: G
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001398659-25-000109
Chunk: 6

Company: Genpact LTD
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 2
Chunk 6
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 fluctuations, thereby facilitating period-to-period comparisons of our business performance. 

Our average headcount increased by 6.8% to approximately 146,800 in the third quarter of 2025 from approximately 137,500 in the third quarter of 2024.

Prior to the quarter commencing April 1, 2025, we disaggregated our revenue as revenue from either Data-Tech-AI or Digital Operations 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:

Three months ended September 30,Percentage Change Increase/(Decrease)202420252025 vs. 2024        (dollars in millions)Data-Tech-AI$569.4$622.49.3 %Digital Operations641.5668.94.3 %Net revenues$1,210.9 $1,291.3 6.6 %

Net revenues from Data-Tech-AI in the third quarter of 2025 were $622.4 million, up $53.0 million, or 9.3%, from $569.4 million in the third quarter of 2024. This increase was largely driven by increased demand for our data and AI solutions and services as well as technology services in the third quarter of 2025 compared to the third quarter of 2024.

Net revenues from Digital Operations in the third quarter of 2025 were $668.9 million, up $27.3 million, or 4.3%, from $641.5 million in the third quarter of 2024, primarily due to ramp-ups of services from recently signed deals.

Net revenues disaggregated between Advanced Technology Solutions and Core Business Services were as follows:

Three months ended September 30,Percentage Change Increase/(Decrease)202420252025 vs. 2024        (dollars in millions)Advanced Technology Solutions$259.2$311.020.0 %Core Business Services951.8980.33.0 %Net revenues$1,210.9 $1,291.3 6.6 %

Net revenues from Advanced Technology Solutions in the third quarter of 2025 were $311.0 million, up $51.8 million, or 20.0%,