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Amdocs Q1 revenue slightly beats estimates

ReutersFeb 3, 2026 9:09 PM


Overview

  • Software provider's Q1 revenue slightly beat analyst expectations, growing 4.1% yr/yr

  • Adjusted EPS for Q1 beat analyst estimates

  • Company completed acquisition of Matrixx Software for $197 mln


Outlook

  • Amdocs expects fiscal 2026 revenue growth of 1.5%-5.5% as reported

  • Company reiterates fiscal 2026 revenue growth of 1.0%-5.0% in constant currency

  • Amdocs projects Q2 fiscal 2026 revenue between $1,150 mln and $1,190 mln


Result Drivers

  • EUROPEAN EXPANSION - Revenue in Europe rose 17.1% YoY, driven by expanded engagements with Vodafone Germany and new Western European logos

  • NEW OPERATING SYSTEM - Amdocs introduced aOS, an agentic operating system for telecommunications, expected to drive long-term growth


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q1 Revenue

Slight Beat*

$1.16 bln

$1.15 bln (5 Analysts)

Q1 Adjusted EPS

Beat

$1.81

$1.76 (4 Analysts)

Q1 EPS

$1.45

Q1 Net Income

$158.45 mln

Q1 Free Cash Flow

$188 mln

Q1 Revenue Growth

4.10%

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Press Release: ID:nACSCWw99a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

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