Company: G
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001398659-25-000098
Chunk: 184

Company: Genpact LTD
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 8
Chunk 184
---
, the numbers presented in the tables or in the narrative included in this “Item 2—Management’s Discussion and Analysis of Financial Condition and Results of Operations” may not add up precisely to the totals provided.

51

Results of Operations

The following table sets forth certain data from our consolidated statements of income for the three and six months ended June 30, 2024 and 2025.

  Percentage ChangeIncrease/(Decrease)Three months ended June 30,Six months ended June 30,Three months ended June 30,Six months ended June 30,20242025202420252025 vs. 20242025 vs. 2024(dollars in millions)(dollars in millions)Net revenues$1,176.2$1,254.4$2,307.4$2,469.36.6 %7.0 %Cost of revenue759.8804.41,494.61,590.35.9 %6.4 %Gross profit416.4450.1812.9879.18.1 %8.1 %Gross profit margin35.4 %35.9 %35.2 %35.6 %Operating expensesSelling, general and administrative expenses239.6266.4474.7507.511.2 %6.9 %Amortization of acquired intangible assets6.64.313.58.6(34.2)%(36.0)%Other operating (income) expense, net(0.1)—(5.5)(0.2)(39.7)%(97.2)%Income from operations170.3179.4330.2363.15.4 %10.0 %Income from operations as a percentage of net revenues14.5 %14.3 %14.3 %14.7 %Foreign exchange gains, net2.50.43.31.7(84.7)%(49.4)%Interest income (expense), net(13.5)(13.5)(23.8)(24.9)(0.4)%4.8 %Other income (expense), net3.310.49.012.1221.4 %34.1 %Income before income tax expense162.4176.7318.8352.08.8 %10.4 %Income tax expense40.444.079.888