Amdocs Q1 revenue slightly beats estimates

Amdocs

03/02/2026 21:09

Overview

Software provider's Q1 revenue slightly beat analyst expectations, growing 4.1% yr/yr

Adjusted EPS for Q1 beat analyst estimates

Company completed acquisition of Matrixx Software for $197 mln

Outlook

Amdocs expects fiscal 2026 revenue growth of 1.5%-5.5% as reported

Company reiterates fiscal 2026 revenue growth of 1.0%-5.0% in constant currency

Amdocs projects Q2 fiscal 2026 revenue between $1,150 mln and $1,190 mln

Result Drivers

EUROPEAN EXPANSION - Revenue in Europe rose 17.1% YoY, driven by expanded engagements with Vodafone Germany and new Western European logos

NEW OPERATING SYSTEM - Amdocs introduced aOS, an agentic operating system for telecommunications, expected to drive long-term growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Beat*
$1.16 bln
$1.15 bln (5 Analysts)
Q1 Adjusted EPS
Beat
$1.81
$1.76 (4 Analysts)
Q1 EPS
$1.45
Q1 Net Income
$158.45 mln
Q1 Free Cash Flow
$188 mln
Q1 Revenue Growth
4.10%


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Press Release: ID:nACSCWw99a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)