Key risks
- FY27 constant-currency revenue growth guidance was 1.5%–3.0% despite the quarter's US$3.6 billion in large-deal wins. Watch how much of the signed work turns into reported revenue.
- The company retained 20%–22% FY27 operating-margin guidance; Q1 margin was 21.1%. Delivery costs and new AI investment could affect where results land within that range.