Capgemini raised its full-year revenue growth forecast on Oct. 30, 2026, after reporting higher third-quarter sales, giving enterprise technology buyers another measure of demand for consulting and implementation work tied to AI.

Rapid News Brief — The Paris-based group reported quarterly revenue of 6.073 billion euros, up 12.6% as reported and 11.7% at constant exchange rates. The latter measure removes currency movements; it should not be confused with organic growth because acquisitions also contributed.

Higher sales target, unchanged margin outlook

In its results announcement, Capgemini lifted its 2026 constant-currency revenue growth target to 9% to 9.5%, from roughly 8.5% to 9%. It kept its operating margin objective at 13.6% to 13.8% and its organic free cash flow objective at about 1.8 billion to 1.9 billion euros.

Third-quarter bookings totaled 5.401 billion euros, up 3.4% at constant exchange rates, the company said. Bookings and recognized revenue are different measures and should not be added together as current sales.

The company identified WNS and Cloud4C as contributors to the revenue comparison. That acquisition context is important when reading the headline increase.

AI work meets a changing comparison base

Reuters reported that Chief Executive Aiman Ezzat described demand as concentrated in modernizing customers’ data systems for AI. The news agency also reported that this was Capgemini’s second increase to its annual guidance this year.

Reuters identified Britain and Ireland and North America as the strongest regional performers. It reported growth of 25.2% and 18.3%, respectively, compared with 4.9% in France, showing the uneven geographic pattern behind the group total.

Ezzat told reporters that the company’s 3% to 4% fourth-quarter constant-currency growth target reflected earlier acquisitions entering the comparison base, rather than weaker demand, according to Reuters. That explanation is management’s account of the outlook, not a reported fourth-quarter result.

For enterprise leaders, the distinction is useful: a slower projected growth rate can reflect the way prior acquisitions enter year-over-year comparisons. The latest announcement raises the sales expectation while leaving the stated margin and cash-flow objectives intact.