TaskUs TASK

TaskUs reports Q3 2026 results

Item 2.02 Reports results

Form
8-K
Filed
Importance
Major
  1. Service revenue of $314.7 million, up 5.4% YoY.
  2. Net income of $26.2 million, net income margin of 8.3%.
  3. Adjusted EBITDA of $59.1 million, margin of 18.8%.
  4. Raised full-year revenue outlook to $1.249 billion to $1.251 billion.

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The reading, claim by claim

  1. In this Form 8-K filed on November 4, 2026, TaskUs, Inc. reports under Item 2.02 that it issued a press release announcing earnings for the third quarter ended September 30, 2026.
  2. The press release is furnished as Exhibit 99.1.
  3. The filing says the information is not deemed 'filed' for purposes of Section 18 of the Exchange Act.
  4. Item 9.01 lists Exhibit 99.1, the press release dated November 4, 2026, and Exhibit 104, the Cover Page Interactive Data File.
  5. The report is signed by Chief Financial Officer Rishabh Khemka and dated November 4, 2026.
  6. The press release reports third-quarter service revenue of $314.7 million, 5.4% year-over-year growth, and net income of $26.2 million with a net income margin of 8.3%.
  7. Diluted EPS was $0.28 and Adjusted EPS was $0.34.
  8. Adjusted EBITDA was $59.1 million, an 18.8% margin.
  9. The release states net cash provided by operating activities of $30.7 million and Free Cash Flow of $22.0 million for the quarter.
  10. It also reports liquidity of $189.7 million in cash and $100.0 million of revolving credit borrowing capacity.
  11. The fourth-quarter outlook is revenue of $319 to $321 million, in millions, and an Adjusted EBITDA margin of approximately 19.5%.
  12. For context, TaskUs's 10-Q for the quarter ended September 30, 2026 reports revenue of $314.7 million, net income of $26.2 million, an operating margin of 11.6% and a net margin of 8.3%.

12 of 12 claims matched the filing text.

From the filing

Item 2.02 Results of Operations and Financial Condition .

On November 4, 2026, TaskUs, Inc. (the "Company") issued a press release announcing earnings for the third quarter ended September 30, 2026.1 A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated by reference herein.2

The information furnished pursuant to this Item 2.02, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended3 (the "Exchange Act") or otherwise subject to the liabilities under that section and shall not be deemed to be incorporated by reference into any filings under the Securities Act of 1933, as amended or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No. Description

99.1 Press release of TaskUs, Inc., dated November 4, 20264

104 Cover Page Interactive Data File (formatted as Inline XBRL)4

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

TASKUS, INC.

By: /s/ Rishabh Khemka5

Name: Rishabh Khemka5

Title: Chief Financial Officer5

Date: November 4, 20265

TaskUs Announces Fiscal Third Quarter 2026 Results

NEW BRAUNFELS, Texas, November 4, 2026 — 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.6

• Net income of $26.2 million , net income margin of 8.3%.6

• Adjusted Net Income of $31.3 million , Adjusted Net Income margin of 9.9%.

• Diluted EPS of $0.28 , Adjusted EPS of $0.34.7

• Adjusted EBITDA of $59.1 million , Adjusted EBITDA margin of 18.8%.8

• Net cash provided by operating activities of $30.7 million , Free Cash Flow of $22.0 million9 and 37.3% conversion of Adjusted EBITDA to Free Cash Flow. Adjusted Free Cash Flow of $23.0 million and 38.9% conversion of Adjusted EBITDA to Adjusted Free Cash Flow.

"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," said Co-Founder and CEO Bryce Maddock. "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. Our third-quarter momentum was fueled by 28% growth in AI Services. We continue to see exceptional performance across our broader client portfolio. When excluding our largest client, year-over-year revenue growth was nearly 20% for the quarter. Our growth strategy is working. 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."

Third Quarter 2026 Financial and Frontline Highlights

($ in thousands, except per share amounts) Three months ended
September 30,Nine months ended
September 30,
2026 2025% Change 2026 2025% Change
Service revenue12$314,74712$298,7135.4%$929,868$870,5916.8%
Net income$26,215$31,375(16.4)%$72,516$72,570(0.1)%
Net income margin8.3%10.5%7.8%8.3%
Adjusted Net Income$31,275$38,990(19.8)%$94,660$114,625(17.4)%
Adjusted Net Income margin9.9%13.1%10.2%13.2%
Diluted EPS$0.28$0.34(17.6)%$0.78$0.78—%
Adjusted EPS$0.34$0.42(19.0)%$1.02$1.23(17.1)%
Adjusted EBITDA$59,109$63,452(6.8)%$175,338$187,676(6.6)%
Adjusted EBITDA margin18.8%21.2%18.9%21.6%
Net cash provided by operating activities$30,679$54,264(43.5)%$120,091$107,54911.7%
Free Cash Flow$22,024$41,962(47.5)%$90,729$63,79642.2%
Conversion of Adjusted EBITDA to Free Cash Flow37.3%66.1%51.7%34.0%
Adjusted Free Cash Flow$22,976$47,987(52.1)%$101,626$76,94332.1%
Conversion of Adjusted EBITDA to Adjusted Free Cash Flow38.9%75.6%58.0%41.0%

• At 27.7% year-over-year growth, AI Services eclipsed $250 million in trailing twelve-month revenue and remained TaskUs' fastest growing service line for the seventh quarter in a row.

• Digital Customer Experience accelerated for the third consecutive quarter to 7.1% growth compared to Q3 2025.

• Recognized as a Leader in the Everest Group's Trust and Safety Services PEAK Matrix® Assessment for the fourth year in a row during Q3.

• Maintained liquidity of $189.7 million in cash and $100.0 million of borrowing capacity under our revolving credit facility.10

• Approximately 64,700 teammates at the end of the third quarter of 2026.

"Our exceptional Q3 results again demonstrated the resilience and growing diversification of our business. 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," said Chief Financial Officer Rishabh Khemka. "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. 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. By maintaining disciplined cost management across our operations and overhead functions, we remain well-positioned to drive profitability and fund our AI transformation initiatives."

Fourth Quarter and Full Year 2026 Outlook

For the fourth quarter and full year 2026, TaskUs expects its financial results to include:

2026 Outlook

Fourth Quarter Full Year

Revenue (in millions)11

$319 to $32111 $1,249 to $1,251

Revenue growth (YoY) at midpoint

2.3% 5.6%

Adjusted EBITDA Margin 111

~19.5%11

~19.0%

Adjusted Free Cash Flow (in millions) 2

N/A $115 to $125

1. With respect to the non-GAAP Adjusted EBITDA margin outlook provided above, a reconciliation to the closest GAAP financial measure has not been provided as the quantification of certain items included in the calculation of GAAP net income (loss) cannot be calculated or predicted at this time without unreasonable efforts. For example, the non-GAAP adjustment for stock-based compensation

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Data on this page was fetched . The filing on SEC.gov is the record.