Company: G
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001398659-25-000098
Chunk: 176

Company: Genpact LTD
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 8
Chunk 176
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 three and six months ended June 30, 2024 and 2025 were a result of normal business activity and not materially impacted by any other factors.The amount of revenue recognized during the three months ended June 30, 2024 and 2025 that was included in the Company's contract liabilities balance at the beginning of each period was $54,361 and $47,059, respectively, and the amount of revenue recognized during the six months ended June 30, 2024 and 2025 that was included in the Company's contract liabilities balance at the beginning of the period was $81,105 and $74,672, respectively.The following table includes estimated revenue expected to be recognized in the future related to remaining performance obligations as of June 30, 2025:ParticularsTotalLess than 1 year1-3 years3-5 yearsAfter 5 yearsTransaction price allocated to remaining performance obligations$146,932 $93,858 $40,493 $11,627 $954 The following table provides details of the Company’s contract cost assets:Three months ended June 30,Six months ended June 30,2024202520242025ParticularsSales incentive programsTransition activitiesSales incentive programsTransition activitiesSales incentive programsTransition activitiesSales incentive programsTransition activitiesOpening balance$40,194 $164,724 $38,230 $162,199 $41,964 $160,579 $41,348 $159,552 Closing balance40,252163,15036,486171,01240,252163,15036,486171,012Amortization6,73719,6935,61118,90913,68237,01511,96938,283

20. Other operating (income) expense, net

 Three months ended June 30,Six months ended June 30,2024202520242025Other operating (income) expense$(73)$(44)$(5,539)$(156)Other operating (income) expense, net$(73)$(44)$(5,539)$(156)

45

GENPACT LIMITED AND ITS SUBSIDIARIESNotes to the Consolidated Financial Statements(Unaudited)(In thousands, except per share data and share count)

21. Interest income (expense), net

Three months ended June 30,Six months ended June 30,2024202520242025Interest income$6,003 $4,534