Despite a slight dip in revenue, Capgemini’s growing pipeline in generative and agentic AI offerings helped offset broader softness in discretionary IT spending as reported in H1 2025.
“Our performance in H1 demonstrates the resilience of the Group’s operating model,” said Aiman Ezzat, chief executive officer, Capgemini Group. “We’ve built a strong pipeline in generative and agentic AI, which accounted for more than 7% of Group bookings in Q2. Client demand continues to be driven by efficiency and cost optimisation.”
Revenues for H1 2025 stood at €11,107 million, down 0.3% year-on-year on a reported basis, but up 0.2% at constant currency. Operating margin remained stable at 12.4%, while net profit dropped 13% to €724 million.
However, bookings rose 2.1% to €11,993 million, yielding a healthy book-to-bill ratio of 1.08.
Capgemini’s AI investments gained momentum with the launch of the Resonance AI Framework and new partnerships, including with Mistral AI and SAP, signaling a clear pivot toward future-ready digital solutions. “We benefit from good traction in cloud, data & AI, and digital core,” Ezzat added.
The group also emphasised growing demand for digital business process services driven by intelligent operations. Capgemini’s acquisition of WNS, announced earlier this month for $76.50 per share, further cements its strategy to become a global leader in agentic AI-powered intelligent operations.
By region, Asia-Pacific and Latin America led with 8.7% growth, while North America and the UK also posted positive figures. France and the rest of Europe continued to see softness, particularly in manufacturing and consumer goods sectors.
As of June 30, 2025, Capgemini employed 349,400 people globally, up 12,500 from the previous year. Offshore headcount made up 59% of the total.
Looking ahead, Capgemini narrowed its 2025 revenue forecast to between -1% and +1% at constant currency, citing a cautiously optimistic view amid geopolitical uncertainties. Operating margin guidance remains unchanged at 13.3% to 13.5%, and organic free cash flow is projected at around €1.9 billion.
The post Capgemini Reports Over 7% AI Bookings in Q2 Despite Profit Dip appeared first on Analytics India Magazine.
