TaskUs (NASDAQ:TASK) Releases Earnings Results, Beats Estimates By $0.05 EPS

TaskUs (NASDAQ:TASK) issued its quarterly earnings data on Wednesday. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.05, FiscalAI reports. The company had revenue of $308.86 million for the quarter, compared to analyst estimates of $297.58 million. TaskUs had a net margin of 8.75% and a return on equity of 24.48%.

Here are the key takeaways from TaskUs’ conference call:

• Raised 2026 outlook: TaskUs increased its full-year revenue guidance to $1.22 billion–$1.24 billion and expects approximately 19% adjusted EBITDA margins. Adjusted free cash flow guidance was also raised to $110 million–$120 million.
• Second-quarter revenue rose 5% year over year to $308.9 million, exceeding the high end of guidance, while adjusted EBITDA reached $57.7 million, or an 18.7% margin. Excluding the largest client, revenue grew approximately 15%, led by roughly 30% growth from the second- through 20th-largest client cohort.
• AI Services and Digital Customer Experience remained growth engines: AI Services revenue increased 25.8% to $66.1 million, with growth expected to reaccelerate above 30% in the fourth quarter, while DCX revenue rose 6.4% to $175.7 million.
• Revenue from the largest client declined approximately 22% year over year, and management expects further automation- and cost-optimization-related pressure through the remainder of 2026. Trust & Safety revenue also fell 12.3%, primarily due to declining social-media workloads, although stabilization is anticipated in 2027.
• Management expects third-quarter revenue of $300 million–$302 million and adjusted EBITDA margins of approximately 18.7%; continued wage inflation, U.S. delivery mix, pricing pressure, and investments in AI and growth initiatives are expected to offset efficiency gains.

TaskUs Stock Performance

NASDAQ TASK traded down $0.71 on Friday, reaching $7.11. 397,071 shares of the company’s stock traded hands, compared to its average volume of 652,777. TaskUs has a fifty-two week low of $4.47 and a fifty-two week high of $18.39. The company has a debt-to-equity ratio of 1.73, a quick ratio of 2.75 and a current ratio of 2.75. The firm has a market cap of $650.77 million, a price-to-earnings ratio of 6.11 and a beta of 1.87. The stock has a 50 day moving average price of $5.61 and a 200-day moving average price of $7.58.

Institutional Trading of TaskUs

Several hedge funds and other institutional investors have recently bought and sold shares of TASK. Jain Global LLC acquired a new position in shares of TaskUs during the fourth quarter valued at approximately $234,000. Jump Financial LLC acquired a new stake in shares of TaskUs in the fourth quarter valued at approximately $173,000. Graham Capital Management L.P. purchased a new stake in TaskUs in the 4th quarter valued at $190,000. State of Tennessee Department of Treasury boosted its position in shares of TaskUs by 42.2% during the 2nd quarter. State of Tennessee Department of Treasury now owns 18,422 shares of the company’s stock valued at $309,000 after acquiring an additional 5,471 shares during the last quarter. Finally, Lazard Asset Management LLC increased its position in TaskUs by 7.8% during the second quarter. Lazard Asset Management LLC now owns 18,522 shares of the company’s stock worth $308,000 after purchasing an additional 1,342 shares during the last quarter. 44.64% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. Wall Street Zen lowered TaskUs from a “buy” rating to a “hold” rating in a research note on Monday, May 11th. Morgan Stanley set a $6.00 price objective on shares of TaskUs in a research note on Friday, May 8th. Robert W. Baird set a $12.00 price target on shares of TaskUs in a report on Thursday. Weiss Ratings reissued a “sell (d+)” rating on shares of TaskUs in a research report on Tuesday, July 14th. Finally, Wedbush decreased their price target on TaskUs from $12.00 to $9.00 and set an “outperform” rating for the company in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, TaskUs currently has a consensus rating of “Hold” and a consensus target price of $9.40.

TaskUs Company Profile

TaskUs, Inc is a leading provider of outsourced digital customer experience and business process solutions, specializing in high-touch services for technology and digital-native companies. The firm delivers a range of offerings including customer care, content moderation, trust and safety monitoring, back-office processing and AI operations support. By combining technology-driven platforms with human-centric workflows, TaskUs helps clients optimize operational efficiency and maintain brand integrity across digital channels.

The company was founded in 2008 by Jaspar Weir and Bryce Maddock with the goal of reimagining traditional outsourcing through a focus on culture, technology and innovation.