TaskUs Reports Q3 2026 Revenue Growth Driven by AI and Digital Customer Experience
TaskUs (TASK) reported third-quarter service revenue of $314.7 million, a 5.4% year-over-year increase that exceeded the top end of previous guidance. The company saw significant momentum in its AI Services segment, which grew 27.7% to $75 million, and its Digital Customer Experience (DCX) revenue, which rose 7.1%. These gains helped offset a 15.8% decline in Trust and Safety revenue caused by automation at the company's largest client. Strategically, TaskUs is successfully diversifying its client base; concentration in its largest client dropped from 27% to 17% year-over-year. While adjusted EPS fell to $0.34 due to higher interest expenses and service costs, the company raised its full-year revenue guidance to a midpoint of $1.25 billion. Management remains focused on AI transformation and autonomous vehicle sectors, which are expected to contribute over $100 million in revenue for 2026.
Tickers: $TASK
Topics: AI services revenue client concentration EBITDA margin revenue guidance service revenue growth