TaskUs Q2 revenue beats estimates, raises 2026 revenue view

Taskus

05/08/2026 21:17

Overview
Outsourced digital services provider's Q2 revenue grew 5% yr/yr, beating analyst expectations
Adjusted EPS for Q2 beat analyst expectations
Company raised midpoint of full-year revenue guidance

Outlook
TaskUs sees Q3 2026 revenue between $300 mln and $302 mln
Company expects full-year 2026 revenue of $1.22 bln to $1.24 bln
TaskUs expects full-year 2026 adjusted EBITDA margin of about 19%

Result Drivers
AI SERVICES EXPANSION - Co said approximately 26% yr/yr growth in AI Services anchored Q2 momentum
CLIENT BASE DIVERSIFICATION - Co reported strong mid-teens growth from clients other than its largest client
DIGITAL CUSTOMER EXPERIENCE - Co said Digital Customer Experience growth accelerated to 6.4% yr/yr in Q2

Company press release: ID:nBw5ykNmBa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Service Revenue
Beat
$308.90 mln
$297.51 mln (6 Analysts)
Q2 Adjusted EPS
Beat
$0.33
$0.29 (7 Analysts)
Q2 Adjusted Net Income
Beat
$30.60 mln
$26.52 mln (5 Analysts)
Q2 Adjusted EBITDA
Beat
$57.70 mln
$53.10 mln (6 Analysts)
Q2 Adjusted EBITDA Margin
 
18.70%
 
Q2 Free Cash Flow
 
$32.60 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the business support services peer group is "buy."
Wall Street's median 12-month price target for Taskus Inc is $10.00, about 52.9% above its August 4 closing price of $6.54
The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 5 three months ago

Reuters Recommended Reads
Aug 5 - Israel's NICE Q2 revenue beats on cloud growth; raises 2026 EPS outlook
Aug 5 - Kyndryl misses quarterly estimates on weak sales and charges linked to job cuts
Aug 3 - UK's Elixirr H1 revenue rises on AI demand

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.)