Company: G
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001398659-25-000109
Chunk: 195

Company: Genpact LTD
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 195
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%Interest income (expense), net(12.4)(12.8)(36.2)(37.7)3.2 %4.3 %Other income (expense), net5.16.814.118.933.9 %34.1 %Income before income tax expense175.5189.4494.3541.37.9 %9.5 %Income tax expense42.743.5122.5131.92.0 %7.7 %Net income$132.8$145.8$371.8$409.49.8 %10.1 %Net income as a percentage of net revenues11.0 %11.3 %10.6 %10.9 %

*Not Meaningful

54

Three Months Ended September 30, 2025 compared to the Three Months Ended September 30, 2024

Net revenues. Our net revenues were $1,291.3 million in the third quarter of 2025, up $80.3 million, or 6.6%, from $1,210.9 million in the third quarter of 2024. 

Adjusted for foreign exchange, primarily the impact of changes in the values of the euro, British pound and Japanese yen against the U.S. dollar, our net revenues grew 6.0% in the third quarter of 2025 compared to the third quarter of 2024 on a constant currency1 basis. We provide information about our revenue growth on a constant currency1 basis so that our revenue may be viewed without the impact of foreign currency exchange rate fluctuations, thereby facilitating period-to-period comparisons of our business performance. 

Our average headcount increased by 6.8% to approximately 146,800 in the third quarter of 2025 from approximately 137,500 in the third quarter of 2024.

Prior to the quarter commencing April 1, 2025, we disaggregated our revenue as revenue from either Data-Tech-AI or Digital Operations based on the nature of the solutions and services provided. Beginning with the second quarter ended June 30, 2025, we now also disaggregate our revenue as revenue from Advanced Technology Solutions or Core Business Services.

Net revenues disaggregated between Data-Tech-AI and Digital Operations were as follows:

Three months ended September 30,Percentage Change Increase/(Decrease)202420252025 vs. 2024        (d