Company: G
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001398659-25-000098
Chunk: 192

Company: Genpact LTD
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 8
Chunk 192
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 or 4.1%, from $1,237.6 million in the first half 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:

Six months ended June 30,Percentage Change Increase/(Decrease)202420252025 vs. 2024        (dollars in millions)Advanced Technology Solutions$489.3$570.316.5 %Core Business Services1,818.11,899.14.5 %Net revenues$2,307.4 $2,469.3 7.0 %

Net revenues from Advanced Technology Solutions in the first half of 2025 were $570.3 million, up $81.0 million, or 16.5%, from $489.3 million in the first half of 2024. This increase was largely driven by demand for our data and AI solutions and services in the first half of 2025 compared to the first half of 2024.

2 Revenue growth on a constant currency basis is a non-GAAP measure and is calculated by restating current-period activity using the prior fiscal period’s foreign currency exchange rates adjusted for hedging gains/losses in such period.

57

Net revenues from Core Business Services in the first half of 2025 were $1,899.1 million, up $80.9 million, or 4.5%, from $1,818.1 million in the first half of 2024, primarily due to an increase in revenue from Digital Operations and technology services in the first half of 2025 compared to the first half of 2024.

Net revenues by reportable segment were as follows:

 Six months ended June 30,Percentage Change Increase/(Decrease)202420252025 vs. 2024(dollars in millions)Financial Services$625.6 $665.8 6.4 %Consumer and Healthcare827.4 849.0 2.6 %High Tech and Manufacturing854.5 954.5 11.7 %Net revenues$2,307.4 $2,469.3 7.0 %

Net revenues from our Financial Services and Consumer and Healthcare segments increased by 6.4% and 2.6%, respectively, in the first half of 2025 compared to the first half of 2024, largely due to an increase in