TaskUs (NASDAQ:TASK – Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.05, FiscalAI reports. The company had revenue of $308.86 million for the quarter, compared to the consensus estimate of $297.58 million. TaskUs had a net margin of 8.70% and a return on equity of 24.93%.
Here are the key takeaways from TaskUs’ conference call:
- Raised 2026 outlook: TaskUs increased its full-year revenue guidance to $1.22 billion–$1.24 billion and expects approximately 19% adjusted EBITDA margins. Adjusted free cash flow guidance was also raised to $110 million–$120 million.
- Second-quarter revenue rose 5% year over year to $308.9 million, exceeding the high end of guidance, while adjusted EBITDA reached $57.7 million, or an 18.7% margin. Excluding the largest client, revenue grew approximately 15%, led by roughly 30% growth from the second- through 20th-largest client cohort.
- AI Services and Digital Customer Experience remained growth engines: AI Services revenue increased 25.8% to $66.1 million, with growth expected to reaccelerate above 30% in the fourth quarter, while DCX revenue rose 6.4% to $175.7 million.
- Revenue from the largest client declined approximately 22% year over year, and management expects further automation- and cost-optimization-related pressure through the remainder of 2026. Trust & Safety revenue also fell 12.3%, primarily due to declining social-media workloads, although stabilization is anticipated in 2027.
- Management expects third-quarter revenue of $300 million–$302 million and adjusted EBITDA margins of approximately 18.7%; continued wage inflation, U.S. delivery mix, pricing pressure, and investments in AI and growth initiatives are expected to offset efficiency gains.
TaskUs Stock Performance
Shares of TaskUs stock traded down $0.22 during trading hours on Wednesday, reaching $6.32. The company’s stock had a trading volume of 453,595 shares, compared to its average volume of 889,129. The company has a debt-to-equity ratio of 1.73, a quick ratio of 2.75 and a current ratio of 2.75. The company’s 50 day simple moving average is $5.58 and its 200 day simple moving average is $7.61. TaskUs has a one year low of $4.47 and a one year high of $18.39. The stock has a market cap of $578.79 million, a P/E ratio of 5.54 and a beta of 1.87.
Institutional Investors Weigh In On TaskUs
Analyst Ratings Changes
Several equities analysts have issued reports on the stock. Weiss Ratings reissued a “sell (d+)” rating on shares of TaskUs in a research note on Tuesday, July 14th. The Goldman Sachs Group lowered their target price on shares of TaskUs from $10.00 to $7.00 and set a “sell” rating on the stock in a research report on Thursday, May 7th. Wedbush reduced their price target on shares of TaskUs from $14.00 to $12.00 and set an “outperform” rating for the company in a research report on Thursday, May 7th. Wall Street Zen cut TaskUs from a “buy” rating to a “hold” rating in a report on Monday, May 11th. Finally, Morgan Stanley set a $6.00 target price on shares of TaskUs in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, TaskUs has an average rating of “Hold” and a consensus target price of $11.20.
Get Our Latest Stock Analysis on TASK
About TaskUs
TaskUs, Inc is a leading provider of outsourced digital customer experience and business process solutions, specializing in high-touch services for technology and digital-native companies. The firm delivers a range of offerings including customer care, content moderation, trust and safety monitoring, back-office processing and AI operations support. By combining technology-driven platforms with human-centric workflows, TaskUs helps clients optimize operational efficiency and maintain brand integrity across digital channels.
The company was founded in 2008 by Jaspar Weir and Bryce Maddock with the goal of reimagining traditional outsourcing through a focus on culture, technology and innovation.
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