TaskUs Q2 revenue beats estimates, raises 2026 revenue view

Taskus

05/08/2026 21:17

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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/Mis  Actual    Consensu
           s                   s
                               Estimate
 Q2        Beat      $308.90   $297.51
 Service             mln       mln (6
 Revenue                       Analysts
                               )
 Q2        Beat      $0.33     $0.29 (7
 Adjusted                      Analysts
 EPS                           )
 Q2        Beat      $30.60    $26.52
 Adjusted            mln       mln (5
 Net                           Analysts
 Income                        )
 Q2        Beat      $57.70    $53.10
 Adjusted            mln       mln (6
 EBITDA                        Analysts
                               )
 Q2                  18.70%     
 Adjusted                      
 EBITDA                        
 Margin                        
 Q2 Free             $32.60     
 Cash                mln       
 Flow                          
 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 .

(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.)