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TaskUs Announces Fiscal Third Quarter 2025 Results
NEW BRAUNFELS, Texas--(BUSINESS WIRE)-- TaskUs, Inc. (Nasdaq: TASK), a leading provider of outsourced digital services and next-generation customer
About this update from Taskus, Inc.
[{"type":"text","content":" NEW BRAUNFELS, Texas--(BUSINESS WIRE)--\nTaskUs, Inc. (Nasdaq: TASK), a leading provider of outsourced digital services and next-generation customer experience to the world’s most innovative companies, today announced its results for the third quarter ended September 30, 2025.\n\n\nTotal revenues of $298.7 million, 17.0% year-over-year growth.\n\n\nNet income of $31.4 million, net income margin of 10.5%.\n\n\nAdjusted Net Income of $39.0 million, Adjusted Net Income margin of 13.1%.\n\n\nDiluted EPS of $0.34, Adjusted EPS of $0.42.\n\n\nAdjusted EBITDA of $63.5 million, Adjusted EBITDA margin of 21.2%.\n\n\nNet cash provided by operating activities of $54.3 million, Free Cash Flow of $42.0 million and 66.1% conversion of Adjusted EBITDA to Free Cash Flow. Adjusted Free Cash Flow of $48.0 million and 75.6% conversion of Adjusted EBITDA to Adjusted Free Cash Flow.\n\n\n“In the third quarter of 2025, we generated record revenue of $298.7 million, a year-over-year growth rate of 17.0%, led by our third quarter in a row of more than 50% growth in AI Services. We also delivered Adjusted EBITDA margins of 21.2%, which we believe to be among the best in our industry. These results are a testament to our operational execution, financial discipline and the investments we have made in our specialized service offerings,” said Co-Founder and CEO, Bryce Maddock. “Looking forward, we plan to increase our investments in Generative AI led transformation services to support our clients in the AI era.”\n\nThird Quarter 2025 Financial and Frontline Highlights\n\n\n\n($ in thousands, except per share amounts)\n\n\n\nThree months ended\nSeptember 30,\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\nNine months ended\nSeptember 30,\n\n\n\n \n\n\n\n \n\n\n\n\n\n \n\n\n\n2025\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n2024\n\n\n\n \n\n\n\n \n\n\n\n% Change\n\n\n\n \n\n\n\n \n\n\n\n2025\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n2024\n\n\n\n \n\n\n\n \n\n\n\n% Change\n\n\n\n\n\nService revenue\n\n\n\n$\n\n\n\n298,713\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n255,345\n\n\n\n \n\n\n\n \n\n\n\n17.0\n\n\n\n%\n\n\n\n \n\n\n\n$\n\n\n\n870,591\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n720,743\n\n\n\n \n\n\n\n \n\n\n\n20.8\n\n\n\n%\n\n\n\n\n\nNet income\n\n\n\n$\n\n\n\n31,375\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n12,699\n\n\n\n \n\n\n\n \n\n\n\n147.1\n\n\n\n%\n\n\n\n \n\n\n\n$\n\n\n\n72,570\n\n\n\n \n\n\n\n \n\n\...