Revenue Growth
CGI delivered $4.1 billion of revenue, up 11.4% year-over-year, or up 7% when excluding the impact of foreign exchange. This growth was driven by business acquisitions and continued momentum in the financial services sector.
Strong Performance in Specific Segments
The U.K. and Australia segments showed significant growth at 37%. The U.S. segments combined growth was 9%, driven by the Aeyon and Daugherty mergers.
Financial Services Sector Demand
There was a notable demand in the financial services sector, with a book-to-bill ratio of 195% and government at 134%.
Strong Backlog and Book-to-Bill Ratio
The global backlog reached $30.6 billion, representing 2x revenue. On a trailing 12-month basis, the book-to-bill ratio was 107%.
Increased Cash Flow and Dividend
CGI generated $487 million in cash from operations, and the Board approved a quarterly cash dividend of $0.15 per share.
AI Integration and Innovation
CGI continues to integrate AI into its offerings, driving 40% of overall IP base revenue, and launched CGI SpeedOps to optimize business processes.