Overview
- Revenue reached $18.7 billion, up about 6% year over year, and adjusted EPS came in at $3.94, beating estimates.
- New bookings totaled $20.9 billion, up double digits, including 33 clients with quarterly bookings exceeding $100 million.
- Guidance stayed unchanged with fiscal 2026 revenue growth projected at 2% to 5% and adjusted EPS at $13.52 to $13.90, with Q2 revenue guided to $17.35 billion to $18.0 billion.
- Operating cash flow rose to $1.66 billion and free cash flow hit $1.5 billion, supporting $3.3 billion returned via buybacks and dividends.
- Consulting bookings increased 7.4% and managed services bookings grew 16%, with public-sector demand described as uneven as shares gained about 3.8% premarket.