Amdocs Limited Reports Strong Q2 Fiscal 2026 Results

Amdocs Limited announced its financial results for the second quarter of fiscal 2026. The company reported a revenue of $1.17 billion, marking a 3.9% increase year-over-year. This growth was supported by foreign currency movements that positively impacted revenue. In terms of geographical performance, North American revenue rose by 2.2%, while Europe and the Rest of World saw respective increases of 6.2% and 8.0%.

Quarterly performance highlights included a robust managed services revenue of $759 million, accounting for approximately 65% of total revenue. The company's GAAP diluted earnings per share (EPS) stood at $1.28, surpassing its guidance midpoint. Additionally, non-GAAP diluted EPS reached $1.78.

Amdocs witnessed a 15.6% GAAP operating margin, albeit lower due to transition costs, while non-GAAP operating margin slightly improved to 21.5%. Free cash flow reached $80 million, with a twelve-month backlog rising to $4.28 billion.

Tamar Rapaport-Dagim, the long-serving CFO, will retire, and Tal Rozenfeld will succeed her, effective June 1, 2026.