Description
CGI’s $4.2 Billion Quarter: Steady Growth, AI Momentum & Acquisition Lift!
CGI Inc. reported second quarter fiscal 2026 revenues of $4.2 billion, marking a 3.3% increase year-over-year, or 1.6% on a constant currency basis. Growth was primarily driven by recent acquisitions—BJSS in the U.K. and Australia and Apside in Western and Southern Europe—and sustained demand from its Asia-Pacific delivery centers for North American clients. Revenue from the Asia-Pacific region grew 7.2%, while the U.K./Australia and Western/Southern Europe segments reported growth of 16.5% and 8.3%, respectively. However, the U.S. Federal segment faced headwinds due to decision-making delays following the prior government shutdown, although signs point to an organic growth rebound in the subsequent quarter. Delays in contract awards were also noted in parts of Europe, particularly Nordic countries. The company’s bookings totaled $4.3 billion for the quarter, resulting in a book-to-bill ratio of 104%, with particularly strong performance from the U.S. Federal (122%) and several European regions.
