Company: G
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001398659-25-000098
Chunk: 199

Company: Genpact LTD
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 8
Chunk 199
---
 will be sufficient to finance our operations, our growth and expansion plans, dividend payments and additional share repurchases we may make under our share repurchase program. In addition, we may raise additional funds through public or private debt or equity financing. Our working capital needs are primarily to finance our payroll and other administrative and information technology expenses in advance of the receipt of accounts receivable. Our primary capital requirements include opening new delivery centers, expanding existing operations to support our growth, financing acquisitions and enhancing capabilities, including building certain digital solutions. 

61

Cash flows from operating, investing and financing activities, as reflected in our consolidated statements of cash flows, are summarized in the following table:

Six months ended June 30,Percentage Change202420252025 vs. 2024(dollars in millions)Net cash provided by/(used for):Operating activities$183.7 $217.8 18.6 %Investing activities(44.4)(104.4)(135.1)%Financing activities202.3(106.7)(152.7)%Net increase in cash and cash equivalents$341.6 $6.7 (98.0)%

Cash flows provided by operating activities. Net cash provided by operating activities was $217.8 million in the six months ended June 30, 2025 compared to $183.7 million in the six months ended June 30, 2024. This increase was primarily driven by (i) a $24.6 million increase in net income in the six months ended June 30, 2025 compared to the six months ended June 30, 2024, (ii) an $18.2 million increase in non-cash expense, primarily due to higher stock-based compensation expense, an unrealized (gain)/loss on the revaluation of foreign currency assets/liabilities and a higher allowance for credit losses, partially offset by lower deferred tax expense and lower amortization of acquired intangible assets in the six months ended June 30, 2025 compared to the six months ended June 30, 2024, and (iii) an $8.8 million increase in operating assets and liabilities primarily driven by higher customer-related payments, lower service tax refunds in India, higher income tax payments, partially offset by lower employee and vendor-related payments in the six months ended June 30, 2025 compared to the six months ended June 30, 2024.

Cash flows used for investing activities. Our net cash used for