Robust Third-Quarter Performance
Capgemini SE delivered stronger-than-expected third-quarter results, prompting the French IT and consulting group to lift its 2025 financial outlook. Revenue reached €5.39 billion, an increase of 2.9% at constant exchange rates, supported by steady demand for cloud transformation, AI integration, and digital modernization projects. The performance exceeded analysts’ estimates and signaled a recovery in client spending after several subdued quarters.

Growth was primarily driven by the North American market, where demand for consulting and technology transformation remained resilient. The company’s Asia-Pacific and Latin American operations also contributed to growth, offsetting lingering weakness in continental Europe, where corporate IT budgets remain cautious. Capgemini’s new bookings for the quarter totaled €5.16 billion, suggesting a solid pipeline heading into 2026.

Upgraded Full-Year Guidance
Following the stronger performance, management raised its full-year 2025 revenue guidance to a range of 2.0%–2.5%, compared with the previous outlook of -1% to +1%. The operating margin forecast was refined to 13.3%–13.4%, reflecting efficiency gains and tighter cost management. Executives attributed the improved outlook to growing demand for high-value services in cloud, data analytics, and artificial intelligence.

Strategic Focus on Digital and AI Services
Capgemini’s strategic focus on digital transformation and AI-led innovation continues to strengthen its competitive position. The company’s investments in generative AI platforms and sustainability consulting are helping clients modernize their operations and improve productivity. Its consulting and engineering divisions are also benefiting from long-term digitalization trends, particularly in sectors such as finance, retail, and manufacturing.

Looking ahead, Capgemini expects continued resilience in its digital and cloud segments, though macroeconomic headwinds in Europe could limit near-term growth. Wage inflation and cautious client spending remain risks, but the company’s diversified portfolio and growing order book offer stability. With improved visibility and disciplined execution, Capgemini appears well-positioned to maintain steady progress through 2026, reinforcing its role as a leading player in global IT and business transformation services.