Capgemini raises 2026 guidance for second time as AI rush turns into contracts
Capgemini has raised its revenue growth target for 2026 after strong third-quarter results driven by AI initiatives. The company reported a revenue increase of 12% compared to the previous year, surpassing analyst expectations. Notable growth was observed in North America and the United Kingdom, while France also demonstrated recovery. Capgemini's focus on AI technology modernization is reshaping…
Capgemini, Europe's leading IT consulting company, has increased its 2026 guidance for the second time this year. The French IT giant reported a 12% growth in third-quarter revenue, indicating that the shift towards AI deployment is translating into contracts for established IT consultancy firms. During an earnings call, Capgemini CEO Aiman Ezzat highlighted that Q3 growth exceeded analyst expectations and outpaced the sector, with demand now focused on modernizing clients' data systems to align their businesses with AI.
Capgemini's Q3 2026 revenue reached €6,073 million, a 12.6% increase at current exchange rates and 11.7% at constant exchange rates. CEO Ezzat expressed that the company continues to witness strong momentum in North America, the United Kingdom, and France, with acceleration in France. The underlying growth, excluding acquisitions, was solid in Q3 2026, driven by strong performances in North America, the United Kingdom, and Asia-Pacific.
Capgemini's strategy of focusing on AI value pools is yielding tangible business results, as clients increasingly prioritize AI deployment at enterprise scale, addressing concerns related to governance, cost, and security.
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- Capgemini raises 2026 guidance as AI push brings work to IT consultants channelnewsasia.com
