CGI Posts 20.8% Rise in Q4 Net Earnings and Raises Dividend 8.8%

CGI reported fourth-quarter net earnings of $460.7 million, up 20.8% year-over-year, on revenue of $4.15 billion, up 3.3%, and raised its quarterly dividend 8.8% to $0.185 per share. The Montreal-based IT and business consulting firm announced the results on November 11, 2026, according to PR Newswire.

CGI's Fourth-Quarter Earnings and Bookings

Revenue for the quarter ended September 30, 2026, grew 2.5% year-over-year in constant currency, according to akta.pro company records. Earnings before income taxes were $628.3 million, up 21.7%, for a margin of 15.2%. Diluted earnings per share were $2.24, up 30.2% from $1.72 a year earlier.

Adjusted earnings before interest and taxes were $678.0 million, up 1.6%, for a margin of 16.4%. Adjusted net earnings were $475.4 million, up 0.8%, and adjusted diluted earnings per share were $2.31, up 8.5%.

Bookings were $4.53 billion, for a book-to-bill ratio of 109.2%. Cash provided by operating activities was $551.9 million, representing 13.3% of revenue. CGI distributed $35.1 million to shareholders through cash dividends in the quarter.

"CGI's fourth quarter performance reflects the strength of our client relationships, the relevance of our offerings and the operational excellence of our team," said Tim Hurlebaus, President and Chief Executive Officer. "We continued to deliver revenue growth, earnings expansion and strong bookings which were driven by a 122% quarterly book-to-bill ratio for our AI-embedded managed services."

CGI's Fiscal 2026 Revenue and Backlog

For the full fiscal year, revenue was $16.57 billion, up 4.2% year-over-year, or 2.2% in constant currency. Net earnings were $1.81 billion, up 9.3%, and diluted earnings per share were $8.58, up 16.7%.

Fiscal 2026 bookings were $17.51 billion, for a trailing twelve-month book-to-bill ratio of 105.6%. Backlog stood at $32.07 billion, or 1.9 times annual revenue, as of September 30, 2026. The company distributed $144.1 million to shareholders through cash dividends during the year.

CGI's Dividend and Fiscal 2027 Outlook

CGI's board approved the quarterly cash dividend on November 10, 2026. It is payable on December 18, 2026, to shareholders of record as of the close of business on November 27, 2026.

Hurlebaus said the company enters Fiscal 2027 "well positioned strategically, operationally and financially to invest in driving both build and buy growth." He said advanced AI at enterprise scale is now routinely part of client conversations and proposals, and that CGI sees growing client interest in practical applications of quantum computing.