CGI Q3-F2026: Revenue Climbs 2.5%, Diluted EPS Surges 22.5%, Backlog Reaches $31.8B
GIB sits 17% above its 52-week low of $59.63.
Summary
CGI's Q3-F2026 earnings show revenue of $4.19B, up 2.5% YoY, and diluted EPS of $2.23, up 22.5%. Backlog reached $31.8B. A new class action lawsuit alleging misrepresentations was also disclosed.
Key Events · Earnings and Guidance · GIB
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Q3 Revenue and Earnings Growth
Revenue reached $4.19B, a 2.5% increase year-over-year (1.3% in constant currency). Diluted EPS jumped 22.5% to $2.23, fueled by share buybacks and operational performance.
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Strong Cash Generation and Capital Returns
Cash from operations came in at $604.5M, representing 14.4% of revenue. During the quarter, the company repurchased 4.4 million shares for $412.9M and paid $35.7M in dividends.
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Healthy Demand Indicators
Bookings of $4.20B produced a book-to-bill ratio of 100.1% (108.1% on a trailing twelve-month basis). Backlog grew to $31.79B, equivalent to 1.9x annual revenue.
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New Class Action Lawsuit
On July 20, 2026, CGI and certain officers were served with a proposed securities class action alleging misrepresentations between January 2025 and April 2026. The company intends to vigorously defend against the claims.
Analysis · GIB · Trade & Services
Solid Q3 results featured revenue growth, strong EPS accretion from share buybacks, and robust cash generation. On a trailing twelve-month basis, the book-to-bill ratio held above 100%, and backlog expanded to 1.9x annual revenue, signaling healthy demand. However, the filing also disclosed a new securities class action lawsuit, introducing legal uncertainty. The combination of operational strength and fresh litigation risk makes this a notable update for investors.
At the time of this filing, GIB was trading at $69.47 on NYSE in the Trade & Services sector, with a market capitalization of approximately $14.9B. The 52-week trading range was $59.63 to $103.04. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.