Description
CGI Goes All-In On Demand — Hiring Jumps 50% As AI Opportunities Build!
CGI Inc. reported third quarter fiscal 2026 results demonstrating steady revenue growth, improved profitability, and strong cash generation, supported by recent acquisitions and robust client demand in various regions and sectors. Consolidated revenue reached CAD 4.2 billion, reflecting a 2.5% year-over-year increase (1.3% on a constant currency basis), driven predominantly by acquisitions contributing approximately 2.5%. Organic growth was particularly notable in the Asia-Pacific segment, with a 9.7% rise, while Western and Southern Europe grew 8.6%, aided by the acquisition of Apside. The U.S. Federal segment showed sequential improvement with 2.5% organic year-over-year growth. Bookings totaled CAD 4.2 billion, resulting in a book-to-bill ratio of 100%, with strong performance in U.S. Federal (115%) and Germany (114%). The trailing 12-month bookings stood at CAD 17.8 billion, for a book-to-bill ratio of 108%. Contracted backlog increased 5% quarter-over-quarter to CAD 31.8 billion, representing nearly two years of revenue visibility.
