TaskUs (TASK) Q1 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Thu, May 7, 2026 astatine 12:09 PM CDT 32 min read

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DATE

Wednesday, May 6, 2026 astatine 5 p.m. ET

CALL PARTICIPANTS

• Co-Founder and Chief Executive Officer — Bryce Maddock

• Chief Financial Officer — Trent Thrash

Full Conference Call Transcript

Trent Thrash: Hello, everyone, and convey you for joining america for today's TaskUs net call. Full details of our results and further absorption commentary are disposable successful our net release, which tin beryllium recovered connected the Investor Relations conception of our website astatine ir.taskus.com. We person besides posted supplemental accusation connected our website, including an capitalist presumption and an Excel-based fiscal metrics file. Before we start, I would similar to punctual you that the pursuing discussions incorporate forward-looking statements wrong the meaning of the national securities laws, including, but not constricted to, statements regarding our aboriginal fiscal results and management's expectations and plans for the business.

These statements are neither promises nor guarantees and impact risks and uncertainties that whitethorn origin existent results to disagree materially from those discussed here. You should not spot undue reliance connected immoderate forward-looking statements. Factors that could origin existent results to disagree from these forward-looking statements tin beryllium recovered successful our yearly study connected Form 10-K. This filing, which whitethorn beryllium supplemented with consequent periodic reports, is accessible connected the SEC's website and our Investor Relations website.

Any forward-looking statements made connected today's league call, including responses to questions, are based connected existent expectations arsenic of today, and TaskUs assumes nary work to update oregon revise them, whether arsenic a effect of caller developments oregon otherwise, but arsenic required by law. The discussions passim today's telephone incorporate non-GAAP fiscal measures. For a reconciliation of these non-GAAP fiscal measures to the astir straight comparable GAAP metric, delight spot our net property release, which is disposable successful the IR conception of our website. Now I volition crook the telephone implicit to Bryce Maddock, our Co-Founder and Chief Executive Officer. Bryce?

Bryce Maddock: Thank you, Trent. Good afternoon, everyone, and convey you for joining us. In the archetypal quarter, we delivered a coagulated commencement to the year, generating $306.3 cardinal successful gross and outperformed the apical extremity of our gross guidance by $8.3 cardinal oregon astir 3%. Our year-over-year gross maturation complaint of 10.3% helped america make $58.6 cardinal successful adjusted EBITDA oregon an adjusted EBITDA borderline of 19.1%. This is astir 3.5% up of the adjusted EBITDA dollars implied by the apical extremity of our Q1 borderline guidance. During the quarter, we successfully completed the antecedently announced refinancing of our recognition facilities and returned much than $330 cardinal to our shareholders successful the signifier of a $3.65 per stock peculiar dividend.