TTEC Holdings, Inc. (TTEC) Income Statement
TTEC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsTTEC revenue and net income
Where TTEC's revenue goes
2025Each bar shows an amount and its share of revenue. TTEC kept −9.0% of revenue as net income.
TTEC profit margins
TTEC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −3.2% | −4.4% | +1.9% | +5.2% |
| Gross profit | −1.2% | −7.4% | −1.3% | +2.7% |
| Operating income | — | −17.1% | −14.0% | +0.6% |
| Net income | — | — | — | — |
| EPS (diluted) | +32.4% | −36.6% | −23.2% | −4.4% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
TTEC quarterly EPS vs estimates
TTEC beat the analyst EPS estimate in 2 of the last 8 quarters. Next report: November 5, 2026 (estimate $0.16).
TTEC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.14B | $2.21B | $2.46B | $2.44B | $2.27B | $1.95B | $1.64B | $1.51B | $1.48B | $1.28B |
| Cost of revenue | $1.67B | $1.74B | $1.93B | $1.86B | $1.70B | $1.45B | $1.24B | $1.16B | $1.11B | $941.6M |
| Gross profit | $466.2M | $471.7M | $529.9M | $587.2M | $569.0M | $496.5M | $400.8M | $351.2M | $367.3M | $333.7M |
| Research & development | — | — | $100,000 | $6.0M | $3.2M | — | — | $300,000 | $11.1M | $0 |
| Sales, general & admin | $280.3M | $293.0M | $296.7M | $287.4M | $240.0M | $203.9M | $202.5M | $182.4M | $182.3M | $175.8M |
| Total operating expenses | $370.1M | $645.2M | $411.9M | $418.6M | $351.8M | $291.8M | $271.6M | $251.6M | $246.8M | $244.5M |
| Operating income | $96.1M | −$173.5M | $118.0M | $168.5M | $217.2M | $204.7M | $123.7M | $92.1M | $100.5M | $52.8M |
| Interest income | $9.4M | $2.7M | $4.5M | $1.8M | $761,000 | $1.7M | $1.9M | $4.5M | $2.8M | $1.2M |
| Interest expense | $71.7M | $84.3M | $78.3M | $36.1M | $12.4M | $17.5M | $19.1M | $28.7M | $13.7M | $7.9M |
| Income before taxes | −$170.2M | −$236.5M | $40.7M | $144.4M | $207.9M | $170.3M | $110.4M | $56.2M | $88.9M | $50.3M |
| Income taxes | $14.8M | $74.1M | $22.5M | $27.1M | $49.7M | $40.9M | $25.7M | $16.5M | $78.1M | $12.9M |
| Net income | −$192.5M | −$321.0M | $8.4M | $103.2M | $141.0M | $118.6M | $77.2M | $35.8M | $7.3M | $33.7M |
| EBITDA | −$8.8M | −$54.2M | $220.3M | $138.9M | $317.0M | $266.6M | $198.3M | $154.1M | $167.0M | $157.9M |
| EPS (diluted) | $0.94 | $0.71 | $2.18 | $3.69 | $4.62 | $3.51 | $1.90 | $1.49 | $1.85 | $1.34 |
| Gross margin | 21.8% | 21.4% | 21.5% | 24.0% | 25.0% | 25.5% | 24.4% | 23.3% | 24.9% | 26.2% |
| Operating margin | 4.5% | −7.9% | 4.8% | 6.9% | 9.6% | 10.5% | 7.5% | 6.1% | 6.8% | 4.1% |
| Net margin | −9.0% | −14.5% | 0.3% | 4.2% | 6.2% | 6.1% | 4.7% | 2.4% | 0.5% | 2.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $455.5M | $496.1M | $570.0M | $519.1M | $512.9M | $534.4M | $567.4M | $529.4M | $534.1M | $576.6M | $626.2M | $603.0M |
| Cost of revenue | $357.8M | $409.2M | $443.2M | $413.6M | $422.2M | $437.2M | $448.9M | $415.2M | $417.9M | $453.8M | $505.8M | $479.7M |
| Gross profit | $97.7M | $86.9M | $126.7M | $105.5M | $90.8M | $97.2M | $118.5M | $114.2M | $116.2M | $122.8M | $120.4M | $123.3M |
| Research & development | — | — | — | — | — | — | $3.7M | — | — | — | $100,000 | — |
| Sales, general & admin | $61.3M | $66.5M | $70.7M | $68.9M | $70.7M | $70.0M | $73.2M | $71.6M | $73.7M | $74.6M | $74.7M | $66.8M |
| Total operating expenses | $86.7M | $66.5M | $92.8M | $91.0M | $70.7M | $70.0M | $103.2M | $101.3M | $340.6M | $100.1M | $103.4M | $97.9M |
| Operating income | $11.0M | $20.4M | $33.9M | $14.5M | $20.1M | $27.1M | $15.3M | $12.9M | −$224.4M | $22.7M | $16.9M | $25.4M |
| Interest income | $97,000 | $451,000 | $1.1M | $501,000 | $3.2M | $4.6M | $1.1M | $263,000 | $414,000 | $983,000 | $1.5M | $1.3M |
| Interest expense | $16.7M | $17.0M | $17.0M | $16.6M | $18.2M | $19.8M | $21.1M | $21.7M | $20.4M | $21.1M | $21.6M | $20.3M |
| Income before taxes | −$4.4M | $2.6M | −$186.4M | $51,000 | $3.6M | $12.6M | $12.9M | −$9.6M | −$242.6M | $2.8M | −$5.1M | $7.1M |
| Income taxes | $8.6M | $7.8M | −$15.9M | $11.1M | $10.3M | $9.3M | $8.2M | $9.4M | $54.1M | $2.3M | $3.1M | $5.3M |
| Net income | −$15.4M | −$7.6M | −$172.5M | −$13.4M | −$8.0M | $1.4M | $2.0M | −$21.1M | −$299.5M | −$2.3M | −$9.9M | −$1.5M |
| EBITDA | $33.4M | $40.9M | −$147.2M | $38.7M | $44.7M | $55.1M | $57.7M | $36.2M | −$197.1M | $49.0M | $41.5M | $56.5M |
| EPS (diluted) | −$0.01 | $0.15 | $0.41 | $0.12 | $0.13 | $0.28 | $0.19 | $0.11 | $0.14 | $0.27 | $0.37 | $0.48 |
| Gross margin | 21.4% | 17.5% | 22.2% | 20.3% | 17.7% | 18.2% | 20.9% | 21.6% | 21.8% | 21.3% | 19.2% | 20.4% |
| Operating margin | 2.4% | 4.1% | 5.9% | 2.8% | 3.9% | 5.1% | 2.7% | 2.4% | −42.0% | 3.9% | 2.7% | 4.2% |
| Net margin | −3.4% | −1.5% | −30.3% | −2.6% | −1.6% | 0.3% | 0.4% | −4.0% | −56.1% | −0.4% | −1.6% | −0.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in TTEC's financial statements (latest annual report filed February 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
TTEC financial results
In fiscal year 2025 (ended December 31, 2025), TTEC reported revenue of $2.1 billion, down 3.2% from the year before. It had a net loss of $192.5 million, a net profit margin of −9.0%. Diluted earnings per share came to $0.94. Over five years revenue grew at an average rate of 1.9% a year.
See the TTEC stock overview for the latest quote and news, or the TTEC chart for price history and technical indicators.
TTEC income statement FAQ
What is TTEC's annual revenue?
TTEC reported total revenue of $2.1 billion for fiscal year 2025, which ended on December 31, 2025. That was down 3.2% from $2.2 billion the previous year.
Is TTEC profitable?
No. TTEC reported a net loss of $192.5 million in fiscal 2025, a net profit margin of −9.0%; its operating margin was 4.5%.
What is TTEC's gross margin?
TTEC's gross margin was 21.8% in fiscal 2025: for every $100 of revenue, TTEC kept $22 after the direct cost of its products and services.
How fast is TTEC growing?
Revenue grew 1.9% a year on average over the last five fiscal years, from $1.9 billion to $2.1 billion.
What are TTEC's earnings per share?
TTEC earned $0.94 per diluted share in fiscal 2025, compared with $0.71 a year earlier.
When will TTEC report its next earnings?
TTEC is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 after the market closes.
When does TTEC's fiscal year end?
TTEC's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 26, 2026.