Taskus, Inc. · NASDAQ:TASK

Taskus — Q3 2025 Earnings Presentation

37 slides from Taskus's earnings presentation, Nov 7, 2025

  1. Slide 1: Investor Presentation

    Investor Presentation November 7, 2025 1 INVESTOR PRESENTATION

  2. Slide 2: Disclaimers

    Disclaimers Forward Looking Statements other cautionary statements that are included in the Company’s SEC filings. You are cautioned not to place undue This presentation contains “forward-looking statements” within the meaning of the Private Securities Litigation reliance on these forward-looking sta

  3. Slide 3: TaskUs

    TaskUs OUR VISION OUR SOLUTIONS OUR RESULTS Outsourcing Digital Customer $298.7mm $63.5mm Experience Record Q3 2025 Q3 2025 reimagined for the Revenue Adj. EBITDA1 innovation age 17.0% 21.2% Year-over-Year Adj. EBITDA Margin1 Trust + Safety Q3 2025 Rev. Growth Q3 2025 ~20% 60%+ YoY Trust + Safety Re

  4. Slide 4: Record Profitable Performance in Q3 2025

    Record Profitable Performance in Q3 2025 Highlights Quarterly Revenue $300 & YoY Growth ● Delivered record quarterly revenue of (in millions) ~$298.7 million (17% growth) and strong Adjusted EBITDA of ~$63.5 million in Q3, respectively $275 ● Trust + Safety and AIS delivered strong double-digit, year

  5. Slide 5: Strong Demand for our Specialized Services in Q3 2025

    Strong Demand for our Specialized Services in Q3 2025 Q3 key client wins Q3 highlights ● DCX: 1) expanded the scope of services we provide to a global house of iconic fashion brands, and 2) signed SOWs to expand our existing CX relationships with multiple leading Technology and Travel & Transportati

  6. Slide 6: Expanding Our Global Footprint

    Our Headcount Expanding Our Global Footprint as of September 30, 2025 30 sites and a fully-functional, scaled work at home solution across 13 countries ~63,800 Ireland - WFH Croatia - 1 site Serbia - WFH USA - 1 site Greece - 2 sites Japan - WFH Egypt - 1 site Taiwan - 1 Site Mexico - 2 sites India

  7. Slide 7: Service Offerings

    Service Offerings INVESTOR PRESENTATION

  8. Slide 8: Digital Offerings Powered by Differentiated Technology Solutions

    Digital Offerings Powered by Differentiated Technology Solutions 57% 26% 17% Digital Trust + Safety AI Services Customer Experience Note: Percentages based on revenue contribution during the last twelve months ended September 30, 2025 8 INVESTOR PRESENTATION

  9. Slide 9: Digital Customer Experience

    Digital Customer Experience Ever-increasing user expectations and competition necessitate TTM Q3 2025 world class customer care. Founded on innovation and a people-first 57% Revenue culture, TaskUs delivers excellent CX support consistently for the $654mm world’s leading brands. The digital nature of

  10. Slide 10: Trust + Safety

    Trust + Safety Content Moderation User generated content is growing at an exponential rate. TTM Q3 2025 Wherever content is created by users, platforms must review 26% Revenue and enforce policy guidelines to protect their communities. $295mm Today, TaskUs teammates review content posted by users an

  11. Slide 11: AI Services

    AI Services In our Al Services service line, our teammates collect, annotate, and evaluate data to create the raw materials that artificial intelligence TTM Q3 2025 solutions, such as large language models and multimodal generative 17% Revenue Al, are built on. Nearly every Al application being built

  12. Slide 12: Why We Win & Growth Strategies

    Why We Win & Growth Strategies INVESTOR PRESENTATION

  13. Slide 13: Why We Win

    Why We Win Specialization not scale. We specialize in the Expertise unique innovative industry segments of our clients. We identify emerging demand for specialized services and build teams of experts, processes, and tools for each segment. Our clients are growing exponentially. So we Speed are agile

  14. Slide 14: Expertise: Focused on the World’s Most Innovative Companies

    Expertise: Focused on the World’s Most Innovative Companies Target markets Client highlights Entertainment + ● ~200 global clients Social media Retail + E-commerce Gaming ● #1 audio and #1 video subscription platforms On Demand Travel + Technology + ● 4 out of 5 of the world’s Streaming Media larges

  15. Slide 15: Focused Growth Levers for 2025

    Focused Growth Levers for 2025 Reimagine our Business for the AI Era Focus on the Complex We are positioning TaskUs to be an AI-Winner by investing in We are expanding our Specialized Services by moving up the services focused on developers of GenAI and foundation model value chain into services and

  16. Slide 16: Pillars of our Strategy for the AI Era

    Pillars of our Strategy for the AI Era Agentic AI AI for Teammates AI for Internal Automation Implementing AI agents to Deploying AI to support our Using AI for TaskUs’ back office autonomously resolve contacts by Teammates in serving our clients and processes - recruiting, WFM, QA, understanding con

  17. Slide 17: Strong Track Record of Sales Wins Across New and Existing Clients

    Strong Track Record of Sales Wins Across New and Existing Clients Total Win Rate ($ basis) as %1 New Clients Won (#) > $10M Clients2 47 21 40 39 62% 60% 17 17 56% 55% 53% 50% 45% 40% 2022 2023 2024 2022 2023 2024 2022 2023 2024 1 Total Win Rate included opportunities from both New and Existing Clien

  18. Slide 18: Financial Performance

    Financial Performance 18 INVESTOR PRESENTATION

  19. Slide 19: Specialized Services Revenue Profile

    Specialized Services Revenue Profile Revenue by service line (%) $960mm $924mm ● Digital Customer Experience ● Trust + Safety $995mm ● AI Services $1,145mm Revenue by delivery geography (%) $960mm ● Philippines $924mm ● United States ● India $995mm ● Rest of world $1,145mm 19 INVESTOR PRESENTATION

  20. Slide 20: Attractive Profitability and Margin Profile

    Attractive Profitability and Margin Profile Adjusted EBITDA1 Adjusted Net Income1 USD Million 23.9% 23.2% Margin (%)1 21.1% 21.1% $241 $221 14.9% $223 13.7% $210 1 Margin (%) 11.9% 12.5% $143 $143 $127 Adjusted $119 Adjusted Net EBITDA1 Income1 2022 2023 2024 TTM Q3 ‘25 2022 2023 2024 TTM Q3 ‘25 1 See

  21. Slide 21: Attractive Cash Flow Profile

    Attractive Cash Flow Profile1 59.3% Adjusted EBITDA 51.2% Conversion 46.3% 42.3% %1 $131 0.6 0.6 $107 $103 $102 Net Debt to Adjusted Leverage 0.3 0.2 Ratio Adjusted Free Cash Flow1 2022 2023 2024 TTM Q3 ‘25 2022 2023 2024 TTM Q3 ‘25 1 See Appendix for reconciliation to most comparable GAAP measure. 2

  22. Slide 22: Financial Highlights

    Financial Highlights CY 2024 Q3 2025 Increasingly diversified revenue base Consistent track record of $995mm $298.7mm profitability Revenue Revenue Significant operating leverage +7.6% +17.0% Strong free cash flow Revenue Increase YoY Revenue Increase YoY Low leverage on balance sheet 21.1% 21.2% Invest

  23. Slide 23: 2025 Outlook

    2025 Outlook USD Millions 2025 Outlook1, 2 Q4 Full Year Revenue $302.4 to $304.4 $1,173 to $1,175 Revenue growth (YoY) at midpoint 10.6% 18.0% Adjusted EBITDA Margin1 ~19.8% ~21.1% Adjusted Free Cash Flow2 N/A ~$100 1 Financial outlook provided as of November 7, 2025 as part of TaskUs’ Q3 2025 earni

  24. Slide 24: Appendix

    Appendix 24 INVESTOR PRESENTATION

  25. Slide 25: Non-GAAP Reconciliations

    Non-GAAP Reconciliations Adjusted EBITDA USD Thousand Three months ended Nine months ended September 30, September 30, 2024 2025 2024 2025 Net income $ 12,699 $ 31,375 $ 37,011 $ 72,570 Provision for income taxes 5,093 10,346 18,938 25,953 Financing expenses 5,504 4,627 16,532 13,925 Depreciation 9,

  26. Slide 26: Non-GAAP Reconciliations

    Non-GAAP Reconciliations Adjusted Net Income USD Thousand Three months ended Nine months ended September 30, September 30, 2024 2025 2024 2025 Net income $ 12,699 $ 31,375 $ 37,011 $ 72,570 Amortization of intangible assets 4,988 5,005 14,955 14,978 Transactions costs - 1,829 - 11,993 Operational ef

  27. Slide 27: Non-GAAP Reconciliations

    Non-GAAP Reconciliations Adjusted earnings per share Three months ended Nine months ended September 30, September 30, 2024 2025 2024 2025 GAAP diluted EPS $ 0.14 $ 0.34 $ 0.40 $ 0.78 Per share adjustments to net income 0.23 0.08 0.58 0.45 Adjusted EPS $ 0.37 $ 0.42 $ 0.98 $ 1.23 Weighted-average com

  28. Slide 28: Free Cash Flow and Adjusted Free Cash Flow Reconciliation

    Non-GAAP Reconciliations Free Cash Flow and Adjusted Free Cash Flow USD Thousand Three months ended Nine months ended September 30, September 30, 2024 2025 2024 2025 Adjusted EBITDA $ 54,215 $ 63,452 $ 156,072 $ 187,676 Net cash provided by operating activities $ 17,019 $ 54,264 $ 98,230 $ 107,549 P

  29. Slide 29: Revenue Reconciliation

    Revenue Reconciliation Revenue Trailing Twelve Month (TTM) Data USD Thousand Nine month ended Year ended Nine month ended TTM Q3’25 September 30, December 31, September 30, 2024 2024 2025 2025 Revenue by Service Offering Digital Customer Experience $ 447,013 $ 611,837 $ 489,153 $ 653,977 Trust and S

  30. Slide 30: Non-GAAP Reconciliation

    USD Thousand Nine month Nine month Year ended ended ended TTM Q3’25 December 31, September 30, September 30, 2024 2024 2025 2025 Service Revenue $ 720,743 $ 994,985 $ 870,591 $ 1,144,833 Net income $ 37,011 $ 45,870 $ 72,570 $ 81,429 Provision for income taxes 18,938 28,311 25,953 35,326 Financing e

  31. Slide 31: Non-GAAP Reconciliation

    USD Thousand Nine month Nine month Year ended ended ended TTM Q3’25 December 31, September 30, September 30, 2024 2024 2025 2025 Service revenue $ 720,743 $ 994,985 $ 870,591 $ 1,144,833 Net income $ 37,011 $ 45,870 $ 72,570 $ 81,429 Amortization of intangible assets 14,955 19,935 14,978 19,958 Non-

  32. Slide 32: Free Cash Flow and Adjusted Free Cash Flow Reconciliation

    Free Cash Flow and Adjusted Free Cash Flow Reconciliation Trailing Twelve Month (TTM) Data USD Thousand Nine month ended Year ended Nine month ended TTM Q3,25 September 30, December 31, September 30, 2024 2024 2025 2025 Adjusted EBITDA $ 156,072 $ 209,867 $ 187,676 $ 241,471 Net cash provided by ope

  33. Slide 33: Reconciliations of Adjusted EBITDA

    USD Thousand Year ended December 31, 2022 2023 2024 Net Income $ 40,422 $ 45,690 $ 45,870 Provision for income taxes 24,111 29,342 28,311 Financing expenses 11,921 21,717 21,549 Depreciation 37,915 40,391 40,223 Reconciliations Amortization of intangible assets EBITDA 19,882 $ 134,251 20,346 $ 157,4

  34. Slide 34: Reconciliations of Adjusted Net Income

    USD Thousand Year ended December 31, 2022 2023 2024 Net Income $ 40,422 $ 45,690 $ 45,870 Reconciliations Amortization of intangible assets Transaction costs 19,882 953 20,346 245 19,935 - of Adjusted Earn-out consideration Foreign currency losses 9,729 7,967 7,863 431 - 1,302 Net Income Loss (gain)

  35. Slide 35: Reconciliations of Free Cash Flow and Adjusted Free Cash Flow

    USD Thousand Year ended December 31, Reconciliations 2022 2023 2024 Adjusted EBITDA $ 223,204 $ 220,797 $ 209,867 of Free Cash Net cash provided by operating activities $ 147,095 $ 143,670 $ 138,888 Purchase of property and equipment (43,758) (30,995) (39,104) Flow and Free Cash Flow $ 103,337 $ 112

  36. Slide 36: Definitions of Non-GAAP Metrics

    Definitions of Non-GAAP Metrics EBITDA and Adjusted EBITDA EBITDA is a non-GAAP profitability measure that represents net income or loss for the period before the impact of the benefit from or provision for income taxes, financing expenses, depreciation, and amortization of intangible assets. EBITDA eli

  37. Slide 37: Thank you all for your ongoing support and partnership

    Thank you all for your ongoing support and partnership. We are already well on our way. 37 INVESTOR PRESENTATION

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