Full-year revenue for 2025 rose 3.4% at constant exchange rates to €22.47 billion ($26.65 billion), surpassing the company’s October guidance of 2% to 2.5% growth. The fourth quarter was particularly robust, with sales jumping 10.6%, driven largely by the consolidation of acquisitions including WNS and Clou4C, which made a “significant contribution,” Capgemini said.
Group CEO Aiman Ezzat said generative and agentic AI accounted for more than 10% of group bookings in the fourth quarter, up from around 5% earlier in the year. He added that the company has identified about 100 cross-selling opportunities with WNS and has already signed an intelligent operations contract worth more than €600 million. The deal spans multiple business functions and processes tied to agentic AI transformation.
Looking ahead, Capgemini forecast revenue growth of 6.5% to 8.5% in 2026 at constant exchange rates, estimating that about 4.5 to 5 percentage points of that growth will come from acquisitions, primarily WNS. The company also projected operating profit margin expansion to between 13.6% and 13.8%, up from 13.3% in 2025.
Capgemini expects organic free cash flow of €1.8 billion to €1.9 billion in 2026, slightly below the €1.95 billion achieved last year due to higher restructuring costs. The company said it plans to incur around €700 million in restructuring charges over the next two years, most of which will be booked in 2026, as it aligns workforce and skills with demand for AI-driven services.
Capgemini said it is positioning itself as a catalyst for enterprise-wide AI adoption, focusing on AI-led transformation programs, intelligent operations and sovereignty-related projects to sustain growth. The group’s headcount stood at 423,400 at end-December, up 24% year-on-year, largely reflecting the integration of WNS employees.