Genpact's Q2 2025: Unpacking Contradictions on Growth, AI Impact, and Revenue Strategies

Growth and deals, AI adoption and its impact, Advanced Technology Solutions growth expectations, and revenue growth and decoupling from headcount are the key contradictions discussed in Genpact's latest 2025Q2 earnings call.



Revenue Growth and AI Integration:
- Genpact reported revenue of $1.25 billion for Q2 2025, up 7% year-over-year.
- This growth was driven by the strong performance of Advanced Technology Solutions, particularly in data and AI.

Advanced Technology Solutions and Core Business Services:
- Advanced Technology Solutions revenue was $293 million, up 17% year-over-year, while Core Business Services revenue was $962 million, up only 4%.
- The disparity in growth rates is attributed to strategic investments in Advanced Technology Solutions.

Pipeline and Large Deals:
- Genpact's pipeline remains strong, with Advanced Technology Solutions pipeline up nearly 1.5x year-over-year.
- The healthy pipeline is due to the successful conversion of large deals, with four closed in Q2, including one delayed from Q1.

Adjusted EPS Growth:
- Genpact's adjusted EPS reached $0.88, up 11% year-over-year.
- This growth was supported by revenue expansion and AI-driven productivity gains, allowing Genpact to share cost savings with clients while maintaining top-line growth.

Investment and Partnership Strategy:
- Genpact's partnerships contributed more than 70% growth in Q2, representing 10% of total revenue.
- The strategic investments in partnerships and AI-focused talent are aimed at accelerating growth and expanding Genpact's capabilities in the AI space.