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DOX beats Q2 earnings and revenue estimates. Growth across regions and backlog expansion support its updated fiscal 2026 guidance.

Amdocs Limited (DOX) Q2 2026 Earnings Call Transcript

Although the revenue and EPS for Amdocs (DOX) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Amdocs (DOX) came out with quarterly earnings of $1.78 per share, beating the Zacks Consensus Estimate of $1.77 per share. This compares to earnings of $1.78 per share a year ago.

Amdocs NASDAQ: DOX reported fiscal second-quarter 2026 revenue and non-GAAP earnings above the midpoint of its guidance, while newly appointed Chief Executive Officer Shimie Hortig used the company's earnings call to outline a strategy centered on “agentic” artificial intelligence for telecom operators.

Supporting 12,000 transactions per second across three active cloud regions, the Amdocs Entitlement Server sets a new benchmark on Microsoft Azure for performance, reliability, and availability needed by large telecom operators to confidently launch and sustain eSIM services at scale JERSEY CITY, NJ / ACCESS Newswire / May 13, 2026 / Amdocs (NASDAQ:DOX), a leading provider of software and services for communications and media companies, today announced that its Entitlement Server, the core of the Amdocs eSIM Cloud, has achieved a sustained 12,000 Transactions Per Second (TPS) across three geographically distributed Microsoft Azure regions in a production-grade, active-active deployment. This milestone represents one of the highest publicly benchmarked throughput levels for a carrier-grade entitlement server.

Deployment supports Lumen's cloud transformation by enhancing scalability, resilience, and operational efficiency for enterprise services through AI‑assisted cloud migration JERSEY CITY, NJ / ACCESS Newswire / May 13, 2026 / Amdocs (NASDAQ:DOX), a leading provider of software and services for communications and digital service providers, today announced that Lumen Technologies is accelerating its cloud-first strategy with Amdocs, expanding the migration of mission-critical platforms to the public cloud with the migration of one of its enterprise billing platforms to Microsoft Azure. This engagement builds on the ongoing collaboration between Lumen and Amdocs and represents a continued step in Lumen's strategy to transition mission-critical enterprise platforms to the public cloud.

The agents, built using Google's AI models, enable enterprise-scale deployment of agentic AI across telecom workflows JERSEY CITY, NJ / ACCESS Newswire / May 13, 2026 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced the availability of Amdocs Telco Agents for Customer Experience in the Google Gemini Enterprise Agent Marketplace, Google Cloud's platform for building and deploying enterprise-grade AI agents. These agents are now featured as part of Google Cloud's partner-built agents ecosystem in Gemini Enterprise, as announced at Google Cloud Next 2026, underscoring Amdocs' role in shaping the next wave of enterprise AI innovation.

With Amdocs connectX, Qué tal Móvil's new platform accelerates time to market while enabling seamless integrations, flexible payments, and improved customer access across a growing partner ecosystem JERSEY CITY, NJ / ACCESS Newswire / May 13, 2026 / Amdocs (NASDAQ:DOX), a leading provider of software and services for communications and media companies, today announced that Qué tal Móvil, a US-based Mobile Virtual Network Operator (MVNO), has successfully launched a new multi-aggregator, multi-payment, and multi-channel activation platform, enabled by the Amdocs connectX platform and delivered in collaboration with PartnerSolve. The new platform enables Qué tal Móvil to seamlessly integrate with multiple aggregation partners - including MVNO Connect and Helix Wireless - while supporting a wide range of payment methods and sales channels across the full subscriber lifecycle.

The inventory modernization will enhance operational efficiency and accelerate network planning, rollout, and assurance for Vodafone Ireland, ensuring future readiness while aligning with the broader strategic objectives of the Vodafone Group JERSEY CITY, NJ / ACCESS Newswire / May 13, 2026 / Amdocs (NASDAQ:DOX), a leading provider of software and services for communications and media companies, announced today that Vodafone Ireland has successfully gone live with Amdocs' latest Network Inventory solution as part of its initiative to modernize, harmonize, and evolve its network operations. This collaboration has replaced Vodafone Ireland's legacy system with the latest version of the Amdocs Network Inventory, empowering the Irish service provider to accelerate and automate the planning, deployment, and assurance of its mobile network and drive operational efficiency across the organization.

Through this collaboration, the service provider will strengthen its operational resilience, improve service agility, and enhance customer experiences JERSEY CITY, NJ / ACCESS Newswire / May 13, 2026 / Amdocs (NASDAQ:DOX), a leading provider of software and services for communications and media companies, today announced a strategic multi-year agreement with Telefónica Móviles Argentina to support its operational excellence journey through a comprehensive modernization program. As part of the agreement, Amdocs will deliver Product Maintenance Services, Application Managed Services, and Software Factory capabilities, ensuring service continuity while enabling the Argentine service provider to evolve its technology landscape continually.

Revenue of $1.17 Billion, up 3.9% YoY as Reported and up 2.2% YoY in Constant Currency(1) Expects Fiscal 2026 Revenue Growth Outlook of 2.6%-4.6% YoY as Reported Reiterates Midpoint of Fiscal 2026 Revenue Growth Outlook in Constant Currency(1) while Tightening Expected Range to 2.0%-4.0% YoY Announces Retirement of Long-Serving CFO and Appointment of Internal CFO Successor Second Quarter Fiscal 2026 Highlights (All comparisons are against same quarter of the prior year, unless otherwise stated) Revenue of $1,172 million, up 3.9% as reported and up 2.2% in constant currency(1); revenue was above the midpoint of the $1,150-$1,190 million guidance range and includes a positive impact from foreign currency movements of approximately $2 million relative to our guidance assumptions Revenue of $754 million in North America, up 2.2%; record revenue of $192 million in Europe, up 6.2%; revenue of $226 million in Rest of World, up 8.0% Managed services revenue of $759 million, equivalent to approximately 65% of total revenue and up 1.6% GAAP diluted EPS of $1.28, above the midpoint of the guidance range of $1.22-$1.30 Non-GAAP diluted EPS of $1.78, above the midpoint of the guidance range of $1.73-$1.79 GAAP operating income of $183 million; GAAP operating margin of 15.6%, down 190 basis points compared to last year's second quarter and 230 basis points sequentially, mainly due to costs related to leadership transition as well as benefit from changes in certain acquisitions related liabilities measured at fair value in the first fiscal quarter Non-GAAP operating income of $252 million; non-GAAP operating margin of 21.5%, up 20 basis points as compared to last year's second fiscal quarter and down 10 basis points sequentially Free cash flow of $80 million, comprised of cash flow from operations of $102 million, including $17 million of restructuring payments, less $21 million in net capital expenditures(2); excluding restructuring payments, free cash flow was $97 million; reiterates full year fiscal 2026 free cash outlook of $710 million to $730 million, excluding restructuring payments Repurchased $138 million of ordinary shares during the second fiscal quarter Twelve-month backlog of $4.28 billion, up $30 million sequentially and up 2.6% Amdocs Limited (the “Company” or “Amdocs”) announced today that Tamar Rapaport-Dagim, Chief Financial Officer and Chief Operating Officer, has decided to retire from the Company following a distinguished career spanning over two decades. Tal Rozenfeld, currently General Manager Head of Finance, has been appointed Chief Financial Officer, effective June 1st, 2026.

Investors with an interest in Computers - IT Services stocks have likely encountered both Amdocs (DOX) and Jack Henry (JKHY). But which of these two stocks offers value investors a better bang for their buck right now?

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Amdocs is rated a Buy, offering strong free cash flow, resilient fundamentals, and attractive valuation near 52-week lows. DOX boasts a $4.25B backlog, robust managed services, and recent acquisitions (MATRIXX, Profinit) driving half of projected 2026 revenue growth. Free cash flow yield stands at 10%, with 90% earnings conversion, a rising 3.5% dividend, and $840M in buyback authorization through 2025.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Investors with an interest in Computers - IT Services stocks have likely encountered both Amdocs (DOX) and Infosys (INFY). But which of these two stocks is more attractive to value investors?

Amdocs (NASDAQ: DOX - Get Free Report) and Fujitsu (OTCMKTS:FJTSY - Get Free Report) are both computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, analyst recommendations, institutional ownership, dividends, profitability, valuation and risk. Earnings and Valuation This table compares Amdocs and

Aberdeen Group plc boosted its holdings in Amdocs Limited (NASDAQ: DOX) by 13.2% during the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 263,287 shares of the technology company's stock after buying an additional 30,723 shares during the quarter. Aberdeen Group plc owned

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Allspring Global Investments Holdings LLC lifted its stake in Amdocs Limited (NASDAQ: DOX) by 1.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,165,988 shares of the technology company's stock after purchasing an additional 54,676 shares during

Amdocs Limited (DOX) Discusses Accelerating Generative AI Adoption in Telecom With Purpose-Built Agentic Operating System Transcript

JERSEY CITY, NJ / ACCESS Newswire / March 23, 2026 / Amdocs (NASDAQ:DOX) ("Amdocs" or the "Company"), a leading provider of software and services to communications and media companies, today announced that, in connection with his retirement from Amdocs' management team, Shuky Sheffer has also retired from Amdocs' Board of Directors (the "Board") and the Board has appointed Shimie Hortig as a new member of the Board, effective concurrently with Mr. Hortig's replacement of Mr.

Nordea Investment Management AB reduced its holdings in Amdocs Limited (NASDAQ: DOX) by 10.9% in the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,604,770 shares of the technology company's stock after selling 196,716 shares during the quarter. Nordea Investment Management AB

Delivered on Amdocs aOS, Store Genie embeds telco-specific AI agents into customer engagement workflows, advancing Smart's AI innovation on a scalable, telco-grade foundation JERSEY CITY, NJ / ACCESS Newswire / March 18, 2026 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that Smart Communications Inc. (Smart), wireless subsidiary of PLDT, a leading telecommunications and digital service provider in the Philippines, has selected Amdocs to help transform its retail and frontline operations through an agentic AI solution called Store Genie. Powered by Amdocs' Cognitive Core, a core capability within aOS, Amdocs' agentic operating system for telco, and running on AWS cloud infrastructure, Store Genie embeds telco-specific intelligence directly into frontline workflows.

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Amdocs' agentic services - part of aOS - to enable faster cloud migration, modernization, and large-scale enterprise transformation with NVIDIA AI and accelerated computing integration JERSEY CITY, NJ / ACCESS Newswire / March 16, 2026 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced an initiative to deliver AI-accelerated application modernization solutions designed to help enterprises modernize legacy systems, migrate to the cloud, and transform their technology landscapes with greater speed, efficiency, and resilience. As enterprises increasingly look to modernize complex application environments while maintaining performance and security, Amdocs is combining its multivendor modernization expertise with NVIDIA AI and accelerated computing platform.

Shares of Amdocs Limited (NASDAQ: DOX - Get Free Report) hit a new 52-week low during mid-day trading on Friday. The company traded as low as $65.45 and last traded at $65.6310, with a volume of 88792 shares. The stock had previously closed at $66.92. Wall Street Analyst Weigh In DOX has been the subject

Amdocs (NASDAQ: DOX - Get Free Report) and ScanTech AI Systems (NASDAQ: STAI - Get Free Report) are both computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, valuation, earnings, analyst recommendations, risk, institutional ownership and dividends. Analyst Ratings This is a summary
