Paris: Capgemini Q3 2025 results reflected continued business momentum, with consolidated revenues of €5,393 million, representing a +2.9% year-on-year increase at constant exchange rates and +0.3% on a reported basis. For the first nine months of 2025, Capgemini generated revenues of €16,500 million, up +1.0% at constant exchange rates.
Capgemini Q3 2025: AI and Cloud Demand Fuel Growth
Chief Executive Officer Aiman Ezzat highlighted that Capgemini Q3 2025 performance exceeded expectations, supported by the company’s AI-powered transformation initiatives and a stable demand environment.
“Revenue growth improved in all regions, with significant acceleration in North America,” Ezzat stated. “We are accelerating the integration of generative AI across our services to deliver tangible business value.”
Also Read: Capgemini Completes USD 3.3 Billion Acquisition of WNS
The company continues to strengthen its AI and cloud capabilities through investments in proprietary platforms, delivery frameworks, and strategic partnerships.
The completion of the WNS acquisition has positioned Capgemini as a leader in the fast-growing Intelligent Operations market, particularly in agentic AI-powered business operations.
Regional Performance in Capgemini Q3 2025
At constant exchange rates, revenues rose +7.0% in North America, driven by Financial Services, TMT, and Manufacturing sectors. The United Kingdom and Ireland region reported +9.0% growth, led by Financial Services and TMT.
In contrast, France declined by -4.7%, mainly due to weak manufacturing demand, while the Rest of Europe dipped by -1.5%. The Asia-Pacific and Latin America region registered robust +13.6% growth, driven by Financial Services, Manufacturing, and Energy & Utilities sectors.
Also Read: Capgemini India Leadership Transition: Sanjay Chalke Appointed CEO
Business Segment Highlights
At constant exchange rates, Strategy & Transformation services grew +0.7%, while Applications & Technology – the Group’s core business representing 62% of total revenues – achieved +5.7% growth. Operations & Engineering services increased +1.3%, supported by strong Business Services demand.
Updated 2025 Financial Outlook
Based on the Q3 performance, Capgemini raised its full-year 2025 revenue growth guidance to between +2.0% and +2.5% at constant exchange rates (previously -1.0% to +1.0%). The Group expects an operating margin between 13.3% and 13.4% and organic free cash flow around €1.9 billion.
The company’s total headcount stood at 354,700 as of September 30, 2025, marking a +4.7% year-on-year increase, with 60% of the workforce based offshore.
