TaskUs Announces Fiscal Third Quarter 2026 Results
Key Highlights
- ➤Q3 service revenue $314.7 million, up 5.4% year over year
- ➤Full-year revenue outlook raised $20 million at midpoint to $1.249-$1.251 billion
- ➤AI Services revenue growth reached 28%, its seventh consecutive quarter as fastest-growing service line
- ➤Q3 Adjusted EBITDA $59.1 million, down 6.8% year over year
- ➤Full-year Adjusted Free Cash Flow outlook increased $5 million to $120 million midpoint
Expert Statements
Bryce Maddock, Co-Founder and CEO of TaskUs
“In the third quarter, we delivered $314.7 million in revenue, outperforming the top end of our guidance by $12.7 million and setting a new record for the highest level of quarterly revenue in TaskUs' history”
Bryce Maddock, Co-Founder and CEO of TaskUs
“In light of our results, sustained sales momentum, and the continued strength of our service offerings, we are raising our full-year revenue outlook by $20 million at the midpoint.”
Bryce Maddock, Co-Founder and CEO of TaskUs
“Our third-quarter momentum was fueled by 28% growth in AI Services.”
Bryce Maddock, Co-Founder and CEO of TaskUs
“We continue to see exceptional performance across our broader client portfolio.”
Bryce Maddock, Co-Founder and CEO of TaskUs
“When excluding our largest client, year-over-year revenue growth was nearly 20% for the quarter.”
Bryce Maddock, Co-Founder and CEO of TaskUs
“Our growth strategy is working.”
Bryce Maddock, Co-Founder and CEO of TaskUs
“As we head into the final quarter of the year, we remain well-positioned to deliver accelerating growth in AI Services, where we support developers of autonomous vehicles, robots, and frontier AI models, and continued resilience in our Digital Customer Experience business, where year-over-year growth rates have accelerated in each quarter of 2026.”
Rishabh Khemka, Chief Financial Officer of TaskUs
“Our exceptional Q3 results again demonstrated the resilience and growing diversification of our business.”
Rishabh Khemka, Chief Financial Officer of TaskUs
“We delivered another quarter ahead of our guidance on both revenue and Adjusted EBITDA, with year-to-date Adjusted Free Cash Flow of $101.6 million, or 58% of Adjusted EBITDA.”
Rishabh Khemka, Chief Financial Officer of TaskUs
“As a result, we are increasing our full-year 2026 revenue range to between $1.249 billion and $1.251 billion and expect to earn full-year Adjusted EBITDA margins of approximately 19% at the midpoint of our revenue guidance.”
Rishabh Khemka, Chief Financial Officer of TaskUs
“Additionally, our strong year-to-date free cash flow gives us the confidence to again increase our full-year Adjusted Free Cash Flow outlook by $5 million to $120 million at the midpoint.”
Rishabh Khemka, Chief Financial Officer of TaskUs
“By maintaining disciplined cost management across our operations and overhead functions, we remain well-positioned to drive profitability and fund our AI transformation initiatives.”
TaskUs, Inc. (Nasdaq: TASK), a leading provider of outsourced digital services and next-generation customer experience to the world’s most innovative companies, today announced its results for the third quarter ended September 30, 2026.
Service revenue of $314.7 million, 5.4% year-over-year growth.
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