Filing Flows › TaskUs (TASK) › Q1 2026
TaskUs (TASK) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
TaskUs (TASK) reported revenue of $306M for the first quarter 2026 (Q1 2026), +10% from a year earlier and -2% from the quarter before. Operating margin was 11.2%, net earnings $24.3M (7.9% of revenue).
TaskUs, Q1 2026: revenue $306M (+10% year over year), operating margin 11.2%, net earnings $24.3M, operating cash flow $46.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $306M | -2% | +10% |
| Operating profit | $34.2M | -10% | -0.1% |
| Net earnings | $24.3M | -18% | +15% |
| Operating cash flow | $46.3M | +56% | +28% |
| Free cash flow | $36.1M | — | +66% |
What changed
Revenue was $306.3M in Q1 2026, up 10% year over year and down 2% from the previous quarter. Digital Customer Experience was the largest line at 55% of revenue. AI Services added $16.4M year over year (up 36%), 58% of the total change.
Operating profit was $34.2M, a 11.2% margin (down 1.2 points year over year). Operating profit fell $30K even though revenue rose $28.5M versus Q1 2025, so costs grew faster than sales. Total costs grew 12% against revenue growth of 10%. The fastest-growing cost line was Cost of revenue (+16%). Net earnings were $24.3M, up 15% year over year. The effective tax rate was 32.9%.
Operating cash flow was $46.3M (up 28% year over year), 190% of net earnings. Non-cash charges added back $16.1M of depreciation and amortization and $6.6M of share-based compensation. After purchase of property and equipment ($10.2M), free cash flow as the company reports it was $36.1M.
Questions
What was TaskUs' revenue in the first quarter 2026?
TaskUs (TASK) reported revenue of $306M for the first quarter 2026 (Q1 2026), +10% from a year earlier and -2% from the quarter before.
Was TaskUs profitable in the first quarter 2026?
Operating profit was $34.2M (11.2% of revenue) and net earnings $24.3M.
Source: TaskUs 10-Q on SEC EDGAR.