TaskUs (TASK) Q3 FY2026 earnings: revenue $315 million, up 5.4% on the year

TaskUs, Inc. (TASK) reported revenue of $315 million for Q3 FY2026, the quarter ended 30 September 2026, up 5.4% on the same quarter a year earlier. Net income was $26 million, down 16.4% on the year, and diluted earnings per share $0.28. The figures are the company's own, from the 10-Q it filed with the SEC on 5 November 2026.

Revenue

$315 million

+5.4% on the year · +1.9% on the quarter

Q4 FY2024Q3 FY2026

Operating margin

11.6%

12.7% a year earlier

Q4 FY2024Q3 FY2026

Net income

$26 million

-16.4% on the year · +19.3% on the quarter

Q4 FY2024Q3 FY2026

Diluted EPS

$0.28

-17.6% on the year · +16.7% on the quarter

Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 4 raised, 1 lowered, 3 new, 1 kept.

Record quarterly revenue above guidance: Service revenue was $314.7 million, up 5.4%, the highest quarter in company history and $12.7 million above the top of the guidance range.
AI Services grew 27.7%: AI Services grew 27.7% year over year, passed $250 million of trailing twelve-month revenue, and remained the fastest growing service line for a seventh quarter.
Digital Customer Experience growth accelerated: Digital Customer Experience grew 7.1%, accelerating for a third consecutive quarter, after 6.4% growth reported in the second quarter.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Revenue	315	309	299	+1.9%	+5.4%
Cost of revenue	206	202	185	+2.1%	+11.0%
Gross profit	109	107	113	+1.6%	-3.9%
Gross margin	34.6%	34.7%	37.9%
Selling, general and administrative	54.9	54.6	59.7	+0.4%	-8.1%
Operating income	36.5	33.3	37.9	+9.6%	-3.8%
Operating margin	11.6%	10.8%	12.7%
Interest expense	8.9	8.8	4.6	+1.1%	+93.0%
Pre-tax income	32.4	29.5	41.7	+9.8%	-22.3%
Income tax	6.2	7.5	10.3	-17.8%	-40.1%
Effective tax rate	19.1%	25.6%	24.8%
Net income	26.2	22.0	31.4	+19.3%	-16.4%
Net margin	8.3%	7.1%	10.5%
Diluted EPS	$0.28	$0.24	$0.34	+16.7%	-17.6%

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Operating cash flow	30.7	43.1	54.3	-28.8%	-43.5%
Capital expenditure	8.7	10.5	12.3	-17.6%	-29.6%
Free cash flow	22.0	32.6	42.0	-32.5%	-47.5%
Free cash flow margin	7.0%	10.6%	14.0%
Cash from investing	-8.7	-10.5	-12.3
Cash from financing	-6.7	-0.6	-6.0
Depreciation and amortisation	17.4	16.6	15.8	+5.0%	+10.1%
Share-based compensation	4.2	3.8	6.4	+11.5%	-34.1%
Buybacks	0.0	0.0	0.0
Dividends paid	0.0	0.0	0.0
Dividend per share	$0.00	$0.00	n/a
Diluted shares, weighted	93m	92m	93m	+0.9%	+0.3%
Shares outstanding at period end	92m	92m	90m	+0.0%	+1.5%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Shareholders' equity	322	300	568	+7.5%	-43.2%
Debt	486	492	246	-1.2%	+97.4%
Operating lease liabilities	35.3	34.2	40.6	+3.1%	-13.0%
Other liabilities	185	172	183	+7.9%	+1.2%
Total liabilities and equity	1,029	998	1,037	+3.1%	-0.8%
Fixed assets	85.6	86.0	91.4	-0.5%	-6.3%
Goodwill	219	219	220	-0.1%	-0.4%
Intangible assets	138	143	158	-3.5%	-12.8%
Cash and equivalents	190	180	210	+5.2%	-9.7%
Receivables	266	245	238	+8.6%	+11.7%
Other assets	130	124	119	+5.2%	+9.0%
Total assets	1,029	998	1,037	+3.1%	-0.8%

Questions

What was TaskUs' revenue in Q3 FY2026?

TaskUs (TASK) reported revenue of $315 million for Q3 FY2026, the quarter ended 30 September 2026, up 5.4% on the same quarter a year earlier.

How much did TaskUs earn in Q3 FY2026?

Net income for Q3 FY2026 was $26 million, down 16.4% on the year, and diluted earnings per share $0.28.

When did TaskUs report Q3 FY2026 results?

TaskUs filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 5 November 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 *	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	227	240	246	232	242	235	229	226	234	227	238	255	274	278	294	299	313	306	309	315
Cost of revenue	127	141	144	135	139	138	134	130	137	135	144	154	170	171	181	185	199	198	202	206
Gross profit	99.3	98.4	103	97.6	103	97.5	95.6	95.5	97.0	92.1	94.1	102	104	107	114	113	114	108	107	109
Gross margin	44%	41%	42%	42%	42%	41%	42%	42%	41%	40%	40%	40%	38%	38%	39%	38%	36%	35%	35%	35%
SG&A	65.7	64.2	68.9	62.3	64.5	64.3	58.2	57.1	48.9	52.9	56.3	62.6	67.8	57.4	68.4	59.7	59.4	58.3	54.6	54.9
Operating income	20.2	20.6	19.4	20.7	23.2	18.4	22.2	22.9	31.5	23.6	22.7	24.2	21.9	34.2	30.4	37.9	38.1	34.2	33.3	36.5
Operating margin	9%	9%	8%	9%	10%	8%	10%	10%	13%	10%	10%	9%	8%	12%	10%	13%	12%	11%	11%	12%
Interest expense	1.7	1.6	2.2	3.9	4.3	5.1	5.3	5.7	5.6	5.5	5.5	5.5	5.0	4.7	4.6	4.6	4.5	5.3	8.8	8.9
Pre-tax income	18.6	17.9	9.8	9.3	27.6	15.5	17.5	14.3	27.7	18.2	19.9	17.8	18.2	29.7	27.1	41.7	38.2	36.3	29.5	32.4
Tax rate	-2%	35%	21%	42%	43%	39%	42%	32%	41%	36%	37%	29%	51%	29%	26%	25%	22%	33%	26%	19%
Net income	19.1	11.6	7.7	5.4	15.7	9.5	10.1	9.8	16.3	11.7	12.6	12.7	8.9	21.1	20.0	31.4	29.7	24.3	22.0	26.2
Net margin	8%	5%	3%	2%	6%	4%	4%	4%	7%	5%	5%	5%	3%	8%	7%	11%	9%	8%	7%	8%
Diluted EPS	$0.23	$0.11	$0.07	$0.05	$0.16	$0.09	$0.10	$0.10	$0.18	$0.13	$0.14	$0.14	$0.10	$0.23	$0.22	$0.34	$0.32	$0.26	$0.24	$0.28
Operating cash flow	30.8	36.9	36.1	41.5	32.6	43.7	38.5	21.7	39.8	51.2	30.0	17.0	40.7	36.3	17.0	54.3	29.7	46.3	43.1	30.7
Capital expenditure	20.8	17.8	11.6	6.7	7.7	5.2	9.8	7.9	8.1	3.6	4.5	10.7	20.3	14.5	17.0	12.3	19.7	10.2	10.5	8.7
Free cash flow	10.0	19.1	24.5	34.8	24.9	38.4	28.7	13.8	31.7	47.6	25.5	6.3	20.4	21.8	0.0	42.0	9.9	36.1	32.6	22.0
Buybacks	n/a	0.0	0.0	13.7	17.3	6.4	38.0	48.3	19.3	2.6	12.5	0.4	3.1	9.7	18.1	0.0	-0.0	0.0	0.0	0.0
Dividends paid	n/a	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	n/a	n/a	n/a	n/a	0.0	0.0	0.0	n/a	333	0.0	0.0
Shares outstanding	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	90m	89m	90m	90m	91m	92m	92m	92m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 5 November 2026: the filing.