Company: G
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001398659-25-000109
Chunk: 194

Company: Genpact LTD
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 194
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2—“Summary of significant accounting policies” under Part IV, Item 15—“Exhibits and Financial Statement Schedules” in our Annual Report on Form 10-K for the year ended December 31, 2024. There have been no material changes to our critical accounting policies and estimates during the nine months ended September 30, 2025 from those described in our Annual Report on Form 10-K for the year ended December 31, 2024.

Due to rounding, 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.

53

Results of Operations

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

  Percentage ChangeIncrease/(Decrease)Three months ended September 30,Nine months ended September 30,Three months ended September 30,Nine months ended September 30,20242025202420252025 vs. 20242025 vs. 2024(dollars in millions)(dollars in millions)Net revenues$1,210.9$1,291.3$3,518.4$3,760.66.6 %6.9 %Cost of revenue779.5821.62,274.12,411.95.4 %6.1 %Gross profit431.4469.71,244.31,348.78.9 %8.4 %Gross profit margin35.6 %36.4 %35.4 %35.9 %Operating expensesSelling, general and administrative expenses243.3262.1718.0769.67.7 %7.2 %Amortization of acquired intangible assets6.58.320.016.927.6 %(15.3)%Other operating (income) expense, net0.07.6(5.6)7.5NM*NM*Income from operations181.7191.6511.9554.75.5 %8.4 %Income from operations as a percentage of net revenues15.0 %14.8 %14.5 %14.8 %Foreign exchange gains, net1.13.74.45.3224.6 %20.8