Capgemini lifts 2026 growth outlook as AI demand drives 8.8% H1 revenue rise

Capgemini AI demand 2026 growth target first‑half revenue acquisitions

Capgemini reported first‑half 2026 revenue of €12.08 billion, an 8.8% increase year‑on‑year and 11.3% growth on a constant‑currency basis. The rise was attributed to stronger demand for AI‑led transformation projects and larger AI contracts, with second‑quarter bookings up 9.2%.

The company upgraded its full‑year 2026 constant‑currency revenue growth target to 8.5‑9.0%, up from the previous 6.5‑8.5% range, and expects acquisitions such as WNS and Cloud4C to add roughly five percentage points to growth. Operating margin improved to 12.5% of revenue (adjusted) and the operating margin target remains 13.6‑13.8% for the year. Organic free cash flow for the half‑year was €37 million, while net profit fell to €498 million. CEO Aiman Ezzat highlighted AI as a key driver of the performance and the company’s Fit‑for‑Growth programme aims to sustain the momentum.

Entities: Aiman Ezzat · CGI Group Inc. · Capgemini · Capgemini SE · Cloud4C · Nive Bhagat · Steve Perron · WNS

Claims

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[● 2 SOURCES] Capgemini raised its full‑year 2026 constant‑currency revenue growth target to 8.5‑9.0%, up from 6.5‑8.5%. (Capgemini lifts 2026 growth target on strong AI demand; Capgemini Raises 2026 Outlook As H1 Revenue Rises 8.8% To €12.08)
[○ 1 SOURCE] Net profit fell to €498 million in H1 2026. (Capgemini Raises 2026 Outlook As H1 Revenue Rises 8.8% To €12.08)
[○ 1 SOURCE] Acquisitions, including WNS and Cloud4C, are expected to contribute about five percentage points to 2026 growth. (Capgemini Raises 2026 Outlook As H1 Revenue Rises 8.8% To €12.08)
[○ 1 SOURCE] Organic free cash flow for the half‑year was €37 million. (Capgemini lifts 2026 growth target on strong AI demand)
[● 2 SOURCES] Constant‑currency revenue growth for H1 2026 was 11.3%. (Capgemini lifts 2026 growth target on strong AI demand; Capgemini Raises 2026 Outlook As H1 Revenue Rises 8.8% To €12.08)
[● 2 SOURCES] Capgemini's first‑half 2026 revenue was €12.08 billion, up 8.8% year‑on‑year. (Capgemini lifts 2026 growth target on strong AI demand; Capgemini Raises 2026 Outlook As H1 Revenue Rises 8.8% To €12.08)
[○ 1 SOURCE] AI‑driven transformation projects drove revenue growth, with larger AI contracts up 9.2% in Q2 bookings. (Capgemini lifts 2026 growth target on strong AI demand)
[● 2 SOURCES] Operating margin improved to 12.5% of revenue (adjusted) in H1 2026, up 10 basis points. (Capgemini lifts 2026 growth target on strong AI demand; Capgemini Raises 2026 Outlook As H1 Revenue Rises 8.8% To €12.08)