Research memoCGI Inc. (GIB.A.TO) · TSXMemo of October 18, 2026

CGI earnings: guidance and next results

CGI’s next results are expected on November 11, 2026. CGI’s booked work becoming revenue fast enough to support hiring and spending is the key thing to watch.

November 11, 2026
Next results
4,193,022
Revenue, quarter to Jun 2026 (C$ thousands)
2.23
EPS, diluted, quarter to Jun 2026
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Every number traced to CGI's filings8 chapters · 15,630 words122 sources cited

What has CGI guided for Fiscal 2026?

For Fiscal 2026, CGI expects an adjusted effective tax rate of 26%–27%. Management attributes the increase mainly to a temporary tax rise in France. If operating profit stays unchanged, the higher rate leaves less profit for shareholders.

Revenue by quarter (C$ thousands)3,660,391Sep 20243,785,245Dec 20244,023,409Mar 20254,090,182Jun 20254,013,837Sep 20254,078,355Dec 20254,156,169Mar 20264,193,022Jun 2026Revenue

How have CGI revenue and profit trended?

The adjusted figures therefore give the cleaner signal: adjusted EBIT grew 2.3%, adjusted net earnings grew 1.7% and adjusted diluted earnings per share grew 9.0%. Reported profit growth is real, but part of its strength reflects the unusually high cost base in the earlier period.

The last eight quartersC$ thousands
Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue4,193,0224,156,1694,078,3554,013,8374,090,1824,023,4093,785,2453,660,391
Operating income664,462650,704628,868545,829582,448599,247598,358596,806
Net income465,201444,720441,996381,355408,612429,738438,580435,923
EPS, diluted2.232.092.031.721.821.891.921.91

What this means. The September columns are fourth-quarter figures worked out by subtracting the first nine months from the full year, so they were not reported directly as three-month figures.

What should I watch in CGI’s next results?

The September quarter and Fiscal 2026 results, expected in November, should be read for revenue growth, bookings, project starts, and managed-services ramps. If bookings remain strong while revenue stays slow, transition timing may explain the gap. If backlog shrinks or delays spread, the forward signal weakens.

From the full memo · 1. The business

CGI makes money by helping businesses and governments change, connect and run their technology. Its dollar comes in through projects, recurring operations and software-supported services, then goes out mainly to the people and infrastructure that deliver them.

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