Total Revenue

8% increase from $16,405M in Q3 2024 to $17,728M in Q3 2025 " " " "

Broad-based revenue growth across multiple regions and industries drove the increase, building on previous quarter success and expanding on initiatives that had begun to reverse earlier flat trends. " " " "

Financial Services

14% increase from $2,872M in Q3 2024 to $3,279M in Q3 2025 " " " "

Robust performance in Financial Services was fueled by strong demand in banking and capital markets, with strategic initiatives from prior periods continuing to pay off and elevating this segment’s revenue substantially. " " " "

Consulting

6.5% increase from $8,457M in Q3 2024 to $9,007M in Q3 2025 " " " "

Expanded consulting revenue resulted from higher deal sizes and increased focus on transformational projects and GenAI initiatives that built on earlier successes, contributing to sustainable growth in the segment. " " " "

Managed Services

8.9% increase from $8,010M in Q3 2024 to $8,721M in Q3 2025 " " " "

Solid gains in Managed Services came from heightened demand for technology services such as application modernization and cloud enablement, reinforcing positive trends seen in previous periods. " " " "

Operating Income

13% increase from $2,631M in Q3 2024 to $2,983M in Q3 2025 " "

Improved operating income was driven by overall revenue growth and the absence of prior-year business optimization costs, with better margins in key regions like the Americas and EMEA mitigating earlier cost pressures. " "

Net Income

13% increase from $1,981M in Q3 2024 to $2,244M in Q3 2025 " "

Enhanced net income reflects the combined impact of higher revenues, improved operating performance, and a moderated effective tax rate compared to the previous period, benefiting from adjustments that had limited prior-year earnings. " "

EMEA Revenue

7.9% increase from $5,777M in Q3 2024 to $6,232M in Q3 2025 " " " " "

Stronger EMEA performance was primarily driven by recovery in segments such as public service, life sciences, and consumer goods, particularly in the UK, reversing the modest declines experienced in earlier periods. " " " " "