CGI Q2 Fiscal 2026 Results Overview
On April 29, 2026, CGI Inc. released its financial results for the second quarter of Fiscal 2026, reinforcing its status as a leading IT and business consulting services firm. The report highlights a year-over-year revenue growth of 3.3%, bringing total revenue to
$4.16 billion. When adjusting for foreign currency fluctuations, the revenue growth sits at
1.6%.
Key Financial Metrics
The performance metrics reveal robust growth across several categories:
- - Earnings Before Income Taxes (EBIT) amounted to $617.7 million, which is a 6.0% increase compared to the previous year, yielding a margin of 14.9%.
- - Adjusted EBIT grew 3.9%, reaching $691.6 million, with a margin of 16.6%.
- - Net earnings rose to $444.7 million, marking a 3.5% year-over-year increase. Consequently, the diluted earnings per share (EPS) increased to $2.09, representing a growth of 10.6% year-on-year.
- - Adjusted net earnings were reported at $483.4 million, with an adjusted diluted EPS of $2.27, a 7.1% rise from the previous year.
Cash Flow and Backlog
Cash generated from operating activities stood at
$451.1 million, making up
10.9% of total revenues for the quarter, with a trailing twelve-month total of
$2.47 billion or
15.1% of revenue. In addition, bookings were robust at
$4.31 billion, resulting in a book-to-bill ratio of
103.8% and bringing the backlog to an impressive
$31.50 billion.
Strategic Positioning and Future Outlook
François Boulanger, CGI’s President and CEO, emphasized the company's strong first-half performance, attributing it to CGI’s resilient business model and the deep relationships built with clients. He noted, “Even in today’s dynamic business environment, this performance reflects our ability to meet client needs, particularly as they invest in AI solutions. Our AI-first strategy is designed for real, outcome-driven results.”
CGI has committed to contributing to the modernization of complex legacy systems and delivering measurable outcomes for its clients across various industries.
Financial Health
As of March 31, 2026, CGI reported total long-term debt and lease liabilities of
$4.30 billion, slightly decreasing from
$4.37 billion a year prior. While the net debt rose to
$3.57 billion, the net debt-to-capitalization ratio stood at
26.3%, reflecting a moderate increase compared to
24.1% from last year.
On April 28, 2026, the company’s Board also declared a quarterly cash dividend of
$0.17 per share, showcasing its commitment to returning value to shareholders. This dividend will be paid out on June 19, 2026, to shareholders who are on record by May 15, 2026.
Final Thoughts
CGI’s financial results for Q2 Fiscal 2026 demonstrate not only steady growth amidst challenging economic conditions but also the company’s strategic responsiveness to client needs in the technology sector. With its emphasis on AI and enduring client relationships, CGI is well-positioned to move forward with confidence as a trusted partner in business transformation.
For additional insights, the full financial statements and management discussion and analysis can be accessed on the CGI investor relations website.