22 slides from Cgi Inc. Class A's earnings presentation, Apr 29, 2026
Slide 1: Second Quarter Fiscal 2026
Second Quarter Fiscal 2026 Financial results and highlights For the three months ended March 31, 2026 and 2025 April 29, 2026 © 2026 CGI Inc. 1
Slide 2: Forward-Looking Information and Statements
Forward-Looking Information and Statements Our presentations contain “forward-looking information” within the meaning of to declare and pay dividends, interest rate fluctuations and changes in Non-GAAP and Other Key Performance Measures Definitions Canadian securities laws and “forward-looking state
Slide 3: Building what's next
Building what’s next For 50 years, we’ve combined human ingenuity with the power of technology to help our clients achieve meaningful outcomes. To all those with whom we’ve had the privilege of collaborating: thank you. The role of technology in shaping a better world has never been more powerful—or
Slide 4: François Boulanger and Steve Perron
François Boulanger Steve Perron President and Executive Vice-President and Chief Executive Officer Chief Financial Officer © 2026 CGI Inc. 4
Slide 5: Financial highlights: Q2 F2026
Financial highlights: Q2 F2026 Q2 F2026 vs. Q2 F2025 Revenue $4.16B 3.3% Constant currency revenue growth* 1.6% Earnings before income taxes $618M 6.0% Earnings before income taxes margin* 14.9% 40 bps Adjusted EBIT* $692M 3.9% Adjusted EBIT margin* 16.6% 10 bps Net earnings $445M 3.5% Net earnings
Slide 6: CEO Remarks
CEO Remarks “CGI delivered a strong first half of the fiscal year, with industry-leading EPS accretion and cash generation,” said François Boulanger, President and Chief Executive Officer. “Even in the context of today’s dynamic business environment, this performance reflects the resilience of our b
Slide 7: CGI's Talent Profile: 94,000 consultants and professionals
CGI’s Talent Profile: 94,000 consultants and professionals CGI’s balanced global delivery model 63% of CGI consultants are 13% 24% of CGI consultants are in of CGI consultants are in in client proximity nearshore or onshore CGI’s Global Delivery Centers Delivery Centers (including India, Philippines
Slide 8: Revenue mix: Q2 F2026
Revenue mix: Q2 F2026 (% of revenue) Service type Client geography Vertical market H E G A D F A B E A C D B C B A. Managed IT and business A. U.S., 29% A. Government, 37% process services, 54% B. France, 16% B. MRD, 22% C. U.K., 14% B. Business and strategic IT C. Financial services, 22% consulting
Slide 9: Financial highlights: Q2 F2026
Financial highlights: Q2 F2026 (in millions of dollars and % of revenue) Earnings before income taxes and margin* Net earnings and margin* Diluted EPS $618 $583 +6.0% $445 $2.09 $430 +3.5% +10.6% $1.89 14.5% 14.9% 10.7% 10.7% Q2 F2025 Q2 F2026 Q2 F2025 Q2 F2026 Q2 F2025 Q2 F2026 Adjusted EBIT and ma
Slide 10: Other Financial Metrics
Other Financial Metrics Cash provided by operating activities* Capital structure ratios Q2 F2026 Return on Invested Capital* $451M 13.1% 10.9% of revenue* versus 15.4% in prior year period Prior year period $438M Last 12 months Net Debt to Capitalization* $2.47B 26.3% 15.1% of revenue* versus 24.1%
Slide 11: Book-to-bill ratio of 108.4% for the last twelve months
Book-to-bill ratio* of 108.4% for the last twelve months Q2 F2026 bookings* Q2 F2026 Book-to-bill ratio* Last-12-months Book-to-bill ratio* $4.3B 103.8% 108.4% Q2 F2026 Bookings by contract type Q2 F2026 Bookings by service type Business and strategic IT New business consulting and systems 19% integ
Slide 12: Segmented Results
Segmented Results Q2 F2026 Q2 F2025 Revenue Adjusted EBIT* Revenue Adjusted EBIT* In millions of CAD $ $ % $ $ % Western and Southern Europe 767.6 103.9 13.5% 667.8 96.3 14.4% U.S. Commercial and State Government 618.8 102.4 16.6% 671.7 99.2 14.8% U.K. and Australia 569.1 92.3 16.2% 477.0 69.1 14.5%
Slide 13: Quarterly Trends
Quarterly Trends © 2026 CGI Inc. 13
Slide 14: Revenue Trend
Revenue Trend Revenue of $4,156 million, year-over-year growth of 3.3% or 1.6%* on a constant currency basis In millions Revenue Growth Constant currency growth* $4,500 25.0% 20.0% $4,000 15.0% $3,500 10.0% $3,000 3.3% 5.0% $2,500 0.0% 1.6% $2,000 -5.0% $1,500 -10.0% Q2 F2023 Q3 F2023 Q4 F2023 Q1 F2
Slide 15: Earnings Before Income Taxes and Margin Trend
Earnings Before Income Taxes and Margin* Trend Earnings before incomes taxes of $618 million; margin* of 14.9%, up 40 basis points from Q2 F2025 In millions Earnings before income taxes Earnings before income taxes margin* $700 20.0% $650 $600 14.9% $550 15.0% $500 $450 $400 10.0% Q2 F2023 Q3 F2023
Slide 16: Adjusted EBIT and Margin Trend
Adjusted EBIT* and Margin* Trend Adjusted EBIT* of $692 million; margin* of 16.6%, up 10 basis points from Q2 F2025 In millions Adjusted EBIT* Adjusted EBIT margin* $700 17.0% 16.6% $650 $600 $550 16.0% $500 $450 $400 15.0% Q2 F2023 Q3 F2023 Q4 F2023 Q1 F2024 Q2 F2024 Q3 F2024 Q4 F2024 Q1 F2025 Q2 F
Slide 17: Net Earnings Margin and Diluted EPS Trend
Net Earnings Margin* and Diluted EPS Trend Net earnings of $445 million – diluted EPS of $2.09, up 10.6% from Q2 F2025 Diluted EPS Net earnings margin* $2.40 15.0% $2.30 $2.20 12.5% $2.10 10.7% $2.00 $1.90 10.0% $1.80 $1.70 7.5% $1.60 $1.50 $1.40 5.0% Q2 F2023 Q3 F2023 Q4 F2023 Q1 F2024 Q2 F2024 Q3
Slide 18: Adjusted Net Earnings Margin and Adjusted Diluted EPS Trend
Adjusted Net Earnings Margin* and Adjusted Diluted EPS* Trend Adjusted net earnings* of $483 million – adjusted diluted EPS* of $2.27 up 7.1% from Q2 F2025 Adjusted Diluted EPS* Adjusted Net Earnings Margin* $2.30 13.0% $2.20 $2.10 $2.00 12.0% $1.90 11.6% $1.80 $1.70 11.0% $1.60 $1.50 $1.40 $1.30 10
Slide 19: Long-Term Debt and Lease Liabilities Trend
Long-Term Debt and Lease Liabilities* Trend Long-term debt and lease liabilities* at $4.30 billion, down $0.06 billion from Q2 F2025 In millions Long-term debt and lease liabilities* $4,500 $4,000 $3,500 $3,000 $2,500 $2,000 Q2 F2023 Q3 F2023 Q4 F2023 Q1 F2024 Q2 F2024 Q3 F2024 Q4 F2024 Q1 F2025 Q2
Slide 20: Net Debt Trend
Net Debt* Trend Net debt* at $3.57 billion or 26.3% net debt to capitalization ratio* In millions Net debt * Net debt to capitalization ratio* $4,000 35.0% $3,500 30.0% $3,000 26.3% $2,500 25.0% $2,000 20.0% $1,500 $1,000 15.0% $500 $0 10.0% Q2 F2023 Q3 F2023 Q4 F2023 Q1 F2024 Q2 F2024 Q3 F2024 Q4 F
Slide 21: Contact our investor relations team to continue the conversation
Contact our investor relations team to continue the conversation Kevin Linder Christina Leclerc Senior Vice-President, Investor Relations Director, Investor Relations kevin.linder@cgi.com christina.leclerc@cgi.com +1-905-973-8363 +1-514-978-5448 IR@cgi.com For more information: cgi.com/investors © 2
Slide 22: Insights you can act on
Insights you can act on Founded in 1976, CGI is among the largest IT and business consulting services firms in the world. We are insights-driven and outcomes-focused to help accelerate returns on your investments. Across hundreds of locations worldwide, we provide comprehensive, scalable and sustain