Annual report

Corporate

Earnings

Annual Report 2025

A year of accelerated profitability, strong sales, disciplined execution,
and growing momentum across our strategic pillars.


16 Dec 2025

Annual Report 2025

Layout canvas

We delivered on our guidance and demonstrated the stability and discipline of our operations.

Amdocs' Annual Report 2025 Highlights:

  • Double-digit cloud revenue growth for the fourth consecutive year, with cloud-related activities now representing over 30% of total revenue.
  • Continued adoption of our GenAI and data offerings, moving from pilots to production with leading providers.
  • Record managed services revenue of $2.996 billion, approximately two-thirds of total revenue, underscoring the resilience and predictability of our model.
  • 12-month backlog of $4.19 billion, up 3.2% year-over-year, representing approximately 90% of our forward 12-month revenue and providing strong visibility into FY26.