Capgemini workforce grows by 68,200 employees in H1 2026, revenue rises 8.8%

Capgemini added 68,200 employees over the past year, taking its global workforce to 417,600 by the end of the first half of 2026, as the technology services company reported 8.8% year-on-year revenue growth and upgraded its full-year financial guidance.

According to Capgemini's H1 2026 financial results, the increase in headcount was primarily driven by the integration of WNS, acquired in the fourth quarter of 2025. Despite the annual increase, the company's workforce declined by 5,800 employees compared with the end of 2025.

The company also said growing enterprise investment in Agentic AI, intelligent business operations and legacy technology modernisation supported revenue growth across key markets.

Workforce expands after WNS integration

As of 30 June 2026, Capgemini employed 417,600 people globally, representing a 20% increase from a year earlier.

The workforce data shows:

• Total headcount: 417,600, up 68,200 employees year-on-year
• Onshore workforce: 141,800, down 2,400 since the end of 2025
• Offshore workforce: 275,800, down 3,400 year-to-date
• Offshore employees account for 66% of the global workforce

The company attributed the annual increase primarily to the addition of WNS employees following the acquisition completed in late 2025.

Revenue climbs as AI demand strengthens

Capgemini reported H1 2026 revenues of €12.08 billion, compared with €11.11 billion a year earlier.

Excluding currency movements, revenue increased 11.3% during the first half, while second-quarter constant currency growth reached 11.6%.

According to the company, clients continued investing in business transformation while accelerating adoption of Agentic AI to generate measurable business outcomes. Demand also remained strong for intelligent operations, enterprise AI transformation and digital core modernisation.

Aiman Ezzat, Chief Executive Officer of Capgemini Group, said the company's first-half performance was slightly ahead of expectations and reflected growing momentum across North America, the United Kingdom, Asia-Pacific and a return to growth in France.

He added that the integration of WNS has already generated commercial traction through the company's new Intelligent Business Operations business line, while enterprise demand for AI-powered transformation continues to expand.

Regional performance remains broad-based

Capgemini reported growth across most major markets during the first half.

At constant exchange rates:

• Asia-Pacific and Latin America: +26.0%
• United Kingdom and Ireland: +21.1%
• North America: +19.8%
• Rest of Europe: +2.6%
• France: +0.4%, returning to growth during the second quarter

The company said acquisitions, particularly WNS and Cloud4C, made a significant contribution to growth in North America, the United Kingdom & Ireland, and Asia-Pacific.

Margins improve despite restructuring costs

Capgemini's operating margin increased by 10 basis points to 12.5% of revenue during the first half.

Other key financial highlights include:

• Revenue: €12.08 billion, up 8.8%
• Operating margin: €1.51 billion, up 9.3%
• Operating profit: €878 million, down 10.1%
• Net profit: €498 million, down 31.3%
• Organic free cash flow: €37 million
• Bookings: €12.60 billion, with a book-to-bill ratio of 1.04

According to the company, higher restructuring expenses linked to its Fit-for-Growth programme weighed on operating profit and net earnings during the period.

Company raises 2026 growth outlook

Following the stronger-than-expected first-half performance, Capgemini upgraded its 2026 constant currency revenue growth forecast.

The revised outlook includes:

• Revenue growth: 8.5% to 9.0%, up from the earlier guidance of 6.5% to 8.5%
• Operating margin: 13.6% to 13.8%, unchanged
• Organic free cash flow: €1.8 billion to €1.9 billion, unchanged

The company said accelerating client investment in AI, intelligent operations, technology sovereignty, defence and security is supporting demand across its markets. It also expects the benefits of its Fit-for-Growth programme to build further during the second half of the year.