HCLTech Advanced AI Revenue Reaches $219 Million in Second Quarter

Oct 13, 2026
HCLTech reported $219 million in quarterly Advanced AI revenue, equivalent to an annual run rate of $876 million, as total revenue reached $3.7 billion.

HCLTech reported $219 million in Advanced AI revenue for its second fiscal quarter, equivalent to an annual run rate of $876 million, the company said in a press release. Advanced AI revenue increased 28.4% from the previous quarter and 78% from a year earlier at constant currency.

HCLTech also announced a Global Premier Partnership with Anthropic to accelerate enterprise adoption of agentic AI, with a focus on security, cybersecurity and governance. HCLTechs service teams will build industry solutions on Claude, Cowork and Claude Code, while HCLSoftware becomes an Anthropic ISV partner integrating these into select enterprise products.

Total revenue for the quarter ended September 30 reached $3.7 billion, up 2.2% from a year earlier. Revenue increased 2.6% at constant currency, while the EBIT margin rose 131 basis points from the previous quarter to 18.2%.

New bookings totaled a record $3.3 billion, up 27% from the same period last year. HCLTech revised its fiscal 2027 revenue growth forecast to 2.5% to 4% at constant currency and expects an EBIT margin of 17.5% to 18.5%.

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