Montreal, November 11, 2026 / PRNewswire / -- CGI (Toronto Stock Exchange: GIB.A; New York Stock Exchange: GIB) announces its fourth-quarter results as of September 30, 2026, and the fiscal year 2026.

Highlights of performance for the fourth quarter and fiscal year 2026

• Revenue in the fourth quarter was $4.15 billion, a year-on-year increase of 3.3%; when calculated using a fixed exchange rate, it was a year-on-year increase of 2.5%.
• Pre-tax profit was $628.3 million, a year-on-year increase of 21.7%, with a profit margin of 15.2%.
• After adjustment, the earnings before interest and taxes (EBIT) amounted to $678 million, a year-on-year increase of 1.6%, with a profit margin of 16.4%.
• Net profit was $460.7 million, a year-on-year increase of 20.8%, with a profit margin of 11.1%; diluted earnings per share were $2.24, a year-on-year increase of 30.2%.
• The adjusted net profit was $475.4 million, a year-on-year increase of 0.8%, with a profit margin of 11.5%; the adjusted diluted earnings per share were $2.31, a year-on-year increase of 8.5%.
• Return $35.1 million to shareholders by distributing cash dividends.
• The cash flow generated from operating activities amounted to 551.9 million US dollars, accounting for 13.3% of the revenue.
• The order amount was 4.53 billion US dollars, and the order revenue ratio was 109.2%.

Highlights of Fiscal Year 2026 Performance

• Annual revenue amounted to $16.57 billion, a year-on-year increase of 4.2%; when calculated using a fixed exchange rate, the year-on-year increase was 2.2%.
• Pre-tax profit was $2.4797 billion, a year-on-year increase of 10.6%, with a profit margin of 15.0%.
• After adjustment, the earnings before interest and taxes (EBIT) amounted to $2.7064 billion, a year-on-year increase of 3.7%, with a profit margin of 16.3%.
• Net profit was $1.8126 billion, a year-on-year increase of 9.3%, with a profit margin of 10.9%; diluted earnings per share were $8.58, a year-on-year increase of 16.7%.
• The adjusted net profit was $1.898 billion, a year-on-year increase of 1.4%, with a profit margin of 11.5%; the adjusted diluted earnings per share were $8.98, a year-on-year increase of 8.2%.
• Returned $144.1 million to shareholders through cash dividends.
• The cash flow generated from operating activities amounted to $2.48 billion, accounting for 15.0% of the revenue.
• The order value is $17.51 billion, and the order revenue ratio over the past 12 months is 105.6%.
• As of September 30, 2026, the backlog of orders amounted to $32.07 billion, which is equivalent to 1.9 times the annual revenue.

CGI indicates that the fourth-quarter performance reflects strong performance in customer relationships, product relevance, and team operational execution. The company's President and CEO, Tim Hurlebaus, stated that revenue growth, profit expansion, and strong orders were all attributed to the 122% quarter-over-quarter order revenue increase for its AI embedded hosting services.

Hurlebaus also indicates that entering the fiscal year 2027, the company is in a favorable position strategically, operationally, and financially, allowing for investments to drive organic growth as well as growth through mergers and acquisitions. Enterprise-level advanced AI has now become a regular part of customer communications and proposals, and the company has also noticed an increasing interest from customers in the practical applications of quantum computing. The company states that it will continue to be the preferred partner for its customers, helping them to apply these technologies by combining industry experience, modern data infrastructure, network security, and responsible and efficient governance capabilities.

In the fourth quarter, CGI invested $89.4 million in business operations, with net acquisition expenses amounting to $34.6 million. In accordance with the normal repurchase plan, $166.7 million was allocated to repurchase and cancel 1.6507 million Class A subordinate voting rights shares. Additionally, payments were made for 44,900 Class A subordinate voting rights shares. These shares had been purchased as of June 30, 2026, but not yet paid for or cancelled.

As of September 30, 2026, CGI has approximately 94,000 global consultants and professionals.

Throughout the year, the company invested $385.4 million in business operations, with net acquisition expenses amounting to $198.2 million. In addition, in accordance with previous and current normal repurchase plans, $1.5531 billion was allocated to repurchase and cancel 14,164,627 Class A subordinate voting rights shares. The company also made payments for 80,300 Class A subordinate voting rights shares, which were purchased but not yet paid for or cancelled as of September 30, 2025.

As of September 30, 2026, long-term debt and lease liabilities (including both current and non-current portions) amounted to $3.96 billion, which is lower than the $4.33 billion in the same period last year. The decrease was mainly due to the company's full repayment of $834.9 million (of which $600 million was in senior unsecured notes) in September 2026, as planned, which was partially offset by $498.6 million in net proceeds from the issuance of senior unsecured notes in September 2026. As of that same date, net debt was $3.42 billion, lower than the $3.45 billion in the same period last year; the net debt-to-capitalization ratio was 24.7%, compared to 25.1% in the same period last year.

Dividends

On November 10, 2026, the company's board of directors approved a quarterly cash dividend of C$0.185 per share, representing an increase of 8.8%. This dividend will be paid on December 18, 2026, to holders of Class A class B subordinate voting shares (multiple voting rights) registered as of the close of trading on November 27, 2026. This dividend is recognized as a "qualified dividend" for Canadian tax purposes.

Teleconference

Management will hold a teleconference at 9:00 a.m. today (Eastern Time) to discuss financial results. Participants can call +1-800-717-1738, with the conference ID being ID (20994), or join via cgi.com / investors. Investors who are unable to attend the live teleconference can download the podcast and presentation at cgi.com / investors. For the teleconference replay, please call +1-888-660-6264 using the password 20994; the replay is available until December 11, 2026.

About CGI

CGI was founded in 1976 and is one of the largest independent IT and business consulting services companies in the world. The company has 94,000 consultants and professionals globally, offering a full range of capabilities including strategic IT and business consulting, system integration, managed IT and business process services, as well as intellectual property solutions. CGI supports clients' digital transformation and acceleration of results through a local relationship model combined with a global delivery network. In the fiscal year 2026, the company reported revenue of $16.57 billion, and its shares are listed on the Toronto Stock Exchange (GIB.A) and the New York Stock Exchange (GIB).

Forward-looking Information and Statements

This press release contains “forward-looking information” as defined by Canadian securities law, as well as “forward-looking statements” as defined by the U.S. Private Securities Litigation Reform Act of 1995 and other applicable Safe Harbor provisions. Such information and statements are made and disclosed in accordance with the Safe Harbor provisions of the applicable Canadian and U.S. securities laws. Forward-looking information and statements include all information and statements regarding the intentions, plans, expectations, beliefs, objectives, future performance, and strategies of CGI, as well as other information or statements that relate to future events or circumstances and that do not directly and entirely involve historical facts. Such information and statements typically, but not always, use words such as “believes,” “estimates,” “expects,” “intends,” “projects,” “anticipates,” “plans,” “predicts,” “aims,” “seeks,” “strives,” “potential,” “continues,” “objective,” “may,” “perhaps,” “could,” “should,” and their variations.

This information and statements are based on the company's judgment of historical trends, current conditions, and expected future developments, as well as other general and specific assumptions that the company deems appropriate under the circumstances at the time. However, these information and statements are inherently subject to inherent risks and uncertainties, many of which are beyond the company's control and may lead to significant differences between actual results and the expectations expressed or implied in such forward-looking information or statements. These risks and uncertainties include, but are not limited to: market-related risks, such as the level of customer business activity, which is affected by economic and political conditions, additional external risks (such as pandemics, armed conflicts, climate-related issues, inflation, tariffs, and/or trade wars), and the company's ability to secure new contracts; industry-related risks, such as competition, as well as the company's ability to develop and expand services to meet emerging business needs and technological trends (such as artificial intelligence), enter new markets, and protect intellectual property; business-related risks, such as those associated with growth strategies, including the integration of new businesses, inherent financial and operational risks of global operations, legal and operational risks inherent in contracting with government customers, foreign exchange risks, income tax laws and other tax items, termination, modification, delay, or suspension of contract agreements, the company's expectations for future revenue (from orders and backlogs), attracting and retaining qualified employees, negotiating favorable contract terms, the ability to deliver services and collect accounts receivable, disclosure, management, and implementation of environmental, social, and governance (ESG) initiatives and standards, as well as the ability to fulfill the company's commitments and goals, including commitments to reduce carbon emissions; and reputational and financial risks related to cybersecurity vulnerabilities and other events, including risks associated with the use of artificial intelligence, as well as liquidity needs and requirements, maintaining financial ratios, the ability to declare and pay dividends, interest rate fluctuations, and changes in credit status and credit ratings, among others.

Unless otherwise stated, the forward-looking information and statements in this press release are made as of the date of issuance. CGI assumes no intention or obligation to publicly update or revise any such forward-looking information or statements due to new information, future events, or other reasons, except as required by law. Although the company believes that the assumptions on which these forward-looking information and statements are based are reasonable at the time of this press release, readers are reminded not to rely excessively on them. Furthermore, readers should note that this information is intended solely to assist investors and others in understanding the company's objectives, strategic focus, business prospects, and expected operating environment, and is not intended for any other purposes.

For more information regarding risks that may lead to significant differences between actual results and current expectations, please refer to the section titled "Risk Environment" in CGI for the years 2026 and 2025, as well as in the quarterly reports MD &A. This section has been incorporated into this warning statement by reference. The company also reminds readers that the aforementioned risks, as well as those disclosed in the annual and quarterly reports CGI and MD &A and other documents and filings, are not the only risks that may affect the company. Other risks and uncertainties that the company is currently unaware of or does not consider significant may also have a material adverse effect on the company's financial condition, financial performance, cash flows, business, or reputation.

Non-GAAP and other key performance indicators

The financial indicators and ratios used in this press release that are not GAAP include: fixed exchange rate revenue growth, adjusted earnings before interest and taxes (EBIT), adjusted EBIT margin, adjusted net profit, adjusted net profit margin, adjusted diluted earnings per share, net debt, net debt to capitalization ratio, and return on invested capital ( ROIC ). CGI reports financial results in accordance with IFRS accounting standards. However, management believes that these non- GAAP indicators can provide investors with useful information regarding the company's financial condition and operating results, as they offer additional measures of performance. These indicators do not have the standardized meanings prescribed by IFRS accounting standards and therefore may not be directly comparable to similar indicators provided by other issuers. They should be considered supplementary indicators, rather than substitutes for the relevant financial information prepared in accordance with IFRS.

The key performance indicators used in this press release include: the proportion of cash flow generated from operating activities to revenue, order value, order revenue ratio, order revenue ratio for the past 12 months, backlogged orders, accounts receivable turnover days ( DSO ), pre-tax profit margin, and net profit margin. A comparison table of relevant most comparable IFRS accounting standard financial indicators and ratios is provided below.

For explanations regarding these non-GAAP indicators, ratios, and other key performance indicators, please refer to pages 3, 4, 5, and 6 of the company's F2026 MD &A. This document has been published on the CGI website and has been submitted to the Canadian Securities Regulatory Authority SEDAR + ( www.sedarplus.ca ) and the U.S. Securities and Exchange Commission EDGAR ( www.sec.gov ).

Q4-F2026

Fixed exchange rate revenue growth and the adjustment of growth

Adjustment between pre-tax profit and adjusted EBIT (Earnings Before Interest and Taxes)

Adjusted net profit and earnings per share

F2026

Fixed exchange rate revenue growth and the adjustment of growth

Adjustment between pre-tax profit and adjusted EBIT (Earnings Before Interest and Taxes)

Adjusted net profit and earnings per share

Adjustment of long-term debt and lease liabilities to net debt