Company: G
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001398659-25-000109
Chunk: 13

Company: Genpact LTD
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 2
Chunk 13
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2025 compared to the nine months ended September 30, 2024.

Net revenues from Digital Operations in the nine months ended September 30, 2025 were $1,957.0 million, up $77.9 million, or 4.1%, from $1,879.1 million in the nine months ended September 30, 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:

Nine months ended September 30,Percentage Change Increase/(Decrease)202420252025 vs. 2024        (dollars in millions)Advanced Technology Solutions$748.5$881.317.7 %Core Business Services2,769.92,879.34.0 %Net revenues$3,518.4 $3,760.6 6.9 %

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.

59

Net revenues from Advanced Technology Solutions in the nine months ended September 30, 2025 were $881.3 million, up $132.8 million, or 17.7%, from $748.5 million in the nine months ended September 30, 2024. This increase was largely driven by demand for our data and AI solutions and services in the nine months ended September 30, 2025 compared to the nine months ended September 30, 2024.

Net revenues from Core Business Services in the nine months ended September 30, 2025 were $2,879.3 million, up $109.4 million, or 4.0%, from $2,769.9 million in the nine months ended September 30, 2024, primarily due to an increase in revenue from Digital Operations and technology services in the nine months ended September 30, 2025 compared to the nine months ended September 30, 2024.

Net revenues by reportable segment were as follows:

 Nine months ended September 30,Percentage Change Increase/(Decrease)202420252025 vs. 2024(dollars in millions)Financial Services$957.2 $1,008.6 5.4 %Consumer and Healthcare1,253.4 1,278.9 2.