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When a telecommunications carrier needs to overhaul its billing systems or integrate new 5G services, it often turns to Amdocs (DOX +0.43%). The company provides the essential software and operational support that keeps global telecom providers running. Despite its deep integration into the industry, the stock has struggled recently, falling 29% over the past year and trading around $61.42 as of Sept. 11, 2026. This market skepticism stands in contrast to the company's ongoing efforts to modernize its service offerings through generative AI.

Our proprietary Hidden Gems scoring system assigns Amdocs an overall Superscore of 77 out of 100, placing it in the Strong category. The Superscore is an AI-powered score that evaluates a company's overall strength by combining financial performance, product market position, technological capabilities, leadership quality, and relative valuation. It represents the unification of all our scores into a single score for public companies, with five rating bands: Exceptional (90-100), Strong (75-89), Above Average (60-74), Average (40-59), and Cautious (0-39). A 77 places the company in the Top ~17% of every company we score. This score serves as a data-driven starting point, and the following analysis balances the company's recent operational successes against its lingering strategic risks so you can decide if it belongs in your portfolio.

Why DOX Has a 77 SuperscoreDisciplined portfolio pruning: The company recently phased out $600 million in low-margin, non-core business activities to concentrate capital on higher-growth areas like network automation and cloud migration.Expanding operating margins: Management's focus on efficiency drove non-GAAP operating margins to 21.6% in Q3 fiscal 2026, a 20 basis-point improvement year over year.Recurring revenue moat: Managed services now account for 67% of total revenue, creating a sticky, predictable income stream underpinned by a $4.26 billion 12-month backlog.Strong cash conversion: The business consistently converts a high percentage of its earnings into free cash flow, which has allowed management to return capital to shareholders through $143 million in share repurchases during Q3 fiscal 2026 alone.Strategic AI integration: The launch of the Agentic Telco Operating System, or aOS, provides a new platform to anchor long-term customer engagements, such as the recently signed 10-year flagship deal with Liberty Latin America.Why Is DOX's Superscore Not Higher?Stagnant organic growth: Despite the pivot to new technologies, headline revenue growth remains in the low single digits, reflecting a mature telecommunications sector that is slow to replace legacy infrastructure.Customer concentration risk: The business relies heavily on a handful of Tier-1 carriers, meaning the loss or consolidation of a single major client would materially impact the company's financial performance.Agentic AI uncertainty: While management is leaning into generative AI, the technology remains in an early stage of adoption, and it is currently difficult to distinguish these new offerings from legacy services in terms of pricing power and market adoption.Integration complexity: Relying on acquisitions to bolster its cloud and automation capabilities forces management to constantly balance integration costs with the need for operational efficiency, which has periodically weighed on net income.Hidden Gems Database Scores at a GlanceScoreScore (out of 100)RankSupporting Data PointProduct (1Y)76Top ~28%Strategic pivot to high-margin managed services and AI-led offerings is gaining traction.Product (5Y)61Bottom ~50%Revenue growth was largely stagnant for several years, hovering around $5 billion annually.Financial (1Y)63Top ~40%Operating margins expanded following a deliberate reduction in non-core business activities.Financial (5Y)64Top ~34%Consistent profitability and cash generation supported steady shareholder returns over the long term.Leaders81Top ~15%Management demonstrates transparency and specific guidance in financial reporting and roadmap execution.AI55Top ~16%The agentic transition is underway but currently sold as an extension of existing legacy services.Valuation Risk74Top ~12%The stock trades at a trailing P/E of 14.15, which suggests a lower valuation risk profile.Is DOX Right For Your Portfolio?This stock warrants a closer look if...

You are looking for reliable, recurring cash flow and dividends from an incumbent player in the small-cap tech stocks space.You believe that the shift toward agentic AI will eventually accelerate the digital transformation of major global telecom carriers.You may want to keep researching before buying if...

You are seeking high-growth companies that are capable of delivering rapid top-line expansion in the near term.You are concerned about the risks associated with extreme customer concentration within the global telecommunications industry.The Superscore provides a unified signal, but it is not a substitute for your own due diligence regarding your financial goals and risk tolerance.

Premium Feature

Moneyball Superscore

72/100

Today's Change

(

0.43

%) $

0.25

Current Price

$

58.74

My 5-year prediction for DOX stockAmdocs shares were hit hard earlier this year during the "SaaSpocalypse" that gutted the software-as-a-service industry as the market feared the rise of agentic AI would replace traditional licensing models. The stock has recovered modestly from its lows, though it's still more than 40% off its highs seen in 2020 and 2022.

Management -- one of Amdocs' greatest strengths, according to the Hidden Gems scoring system -- is responding to the perceived AI threat by embracing AI automation to transform its core software and services. Its 10-year strategic engagement with Liberty Latin America could be a springboard for future deals that integrate AI capabilities into Amdoc's legacy telecommunications management. It also provides the telecom company and its investors a source of long-term, recurring cash flow.

This legacy provider is making important moves to remain relevant in an evolving technological arena, but it's not likely to deliver explosive growth over the short or medium terms. That said, Amdocs has a current dividend yield of 3.92% and a 15-year dividend payout history, which will likely appeal income investors. And its trailing price-to-earnings (P/E) ratio of approximately 14 is below its 10-year historical median of roughly 18, which may appeal to value investors as well.

The Hidden Gems Superscore reflects The Motley Fool's proprietary AI-driven evaluation of a company across product, financial, leadership, and valuation pillars as of the article date and may change over time. Performance figures are point-in-time. Past performance does not guarantee future results.

It has been about a month since the last earnings report for Amdocs (DOX - Free Report) . Shares have added about 7% in that time frame, outperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is Amdocs due for a pullback? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent catalysts for Amdocs Limited before we dive into how investors and analysts have reacted as of late.

Amdocs Q3 Earnings Match Expectations, Revenues Rise Y/YAmdocs reported third-quarter fiscal 2026 non-GAAP earnings of $1.84 per share, which increased 7% on a year-over-year basis. The figure matched the Zacks Consensus Estimate.

Amdocs’ fiscal third-quarter revenues of $1.175 billion missed the consensus mark by 0.04%. The top line increased 2.7% on a reported basis and 2.2% on a constant-currency basis.

DOX's Managed Services Business Sets a RecordManaged services delivered record revenues and accounted for 67% of total revenues. Managed services revenues rose 2.5% year over year to a record $791 million. The business continued to provide revenue visibility through multiyear agreements and consistently high renewal rates.

Amdocs expanded its managed services relationships during the quarter. The company signed an agreement with a U.S. digital television entertainment provider for a billing migration program and extended its collaboration with Telefonica Vivo to support customer growth and OSS modernization.

The company ended the third quarter of fiscal 2026 with a 12-month backlog of $4.26 billion, up 2.7% year over year. Our model estimates for managed services revenues and backlog were pegged at $769.5 million and $4.29 billion, respectively.

Amdocs’ Q3 in DetailDOX reported growth in revenues across North America, Europe and the Rest of the World (RoW). North America reported revenues of $748.1 million (63.7% of the total revenues), which increased 0.4% year over year. Europe revenues (16.5% of the total revenues) of $193.5 million increased 2.2% year over year.

RoW revenues (19.9% of the total revenues) increased 11.3% year over year to $233.3 million. Our model estimates for North America, Europe and RoW were pinned at $765.9 million, $197.2 million and $212.8 million, respectively.

Non-GAAP operating income increased to $253.4 million from $244.7 million in the year-ago quarter. The non-GAAP operating margin expanded 20 basis points year over year and 10 basis points sequentially to 21.6%.

DOX’s Balance Sheet & Cash FlowAmdocs had cash and cash equivalents of $206.5 million as of June 30, 2026, compared with $214.5 million as of March 31, 2026. Long-term debt was $647.4 million as of June 30, 2026, increasing marginally from the March 31, 2026, level of $647.2 million.

In the fiscal third quarter, the company generated an operating cash flow of $197.2 million and a free cash flow of $171.9 million. During the quarter, it repurchased shares worth $143 million and paid out $60 million in dividends.

DOX Reiterates Key Fiscal 2026 TargetsFor the fourth quarter of fiscal 2026, Amdocs expects revenues between $1.175 billion and $1.215 billion. Amdocs’ Non-GAAP diluted earnings are projected in the range of $1.94-$2 per share.

For fiscal 2026, reported revenue growth is now expected between 3.2% and 4% compared with the previous range of 2.6-4.6%. Constant-currency growth is projected between 2.6% and 3.4%, retaining the prior 3% midpoint.

Non-GAAP earnings growth is expected between 5.5% and 6.5%, with the 6% midpoint unchanged. The company maintained its non-GAAP operating margin forecast of 21.3-21.9% and free cash flow outlook of $710-$730 million.

How Have Estimates Been Moving Since Then?It turns out, estimates review flatlined during the past month.

VGM ScoresAt this time, Amdocs has a average Growth Score of C, though it is lagging a bit on the Momentum Score front with a D. However, the stock has a grade of A on the value side, putting it in the top quintile for value investors.

Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook Amdocs has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Performance of an Industry PlayerAmdocs is part of the Zacks Computers - IT Services industry. Over the past month, Cognizant (CTSH - Free Report) , a stock from the same industry, has gained 13.6%. The company reported its results for the quarter ended June 2026 more than a month ago.

Cognizant reported revenues of $5.48 billion in the last reported quarter, representing a year-over-year change of +4.5%. EPS of $1.37 for the same period compares with $1.31 a year ago.

Cognizant is expected to post earnings of $1.44 per share for the current quarter, representing a year-over-year change of +3.6%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.

Cognizant has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of A.

Amdocs NASDAQ: DOX is positioning artificial intelligence as a central component of its long-term strategy, with a focus on agentic software for telecommunications providers, expansion into adjacent markets and internal operational transformation, Group President of Technology and Head of Strategy Anthony Goonetilleke said during an Oppenheimer discussion.

Goonetilleke said the company has been realigning its vision and strategy following the transition to a new CEO, identified in the discussion as Shimie. The effort is focused on the next one, three and five years rather than near-term quarterly objectives, he said.

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“We’re really grabbing all of this convergence of technology from connectivity to AI, to cloud acceleration, to the edge,” Goonetilleke said. Amdocs is seeking to deliver value for large customers while balancing the cost implications of technology deployments, he added.

Three strategic pillars Goonetilleke described Amdocs’ strategy as three main pillars supported by an internal transformation effort.

Agentic transformation for telecommunications: Amdocs plans to continue investing in its business support systems and operations support systems, or BSS and OSS, while developing a next-generation agentic platform. Goonetilleke said the company sees a future in which software can increasingly “auto-heal,” evolve and manage changes with less manual IT intervention. Expansion into another complex vertical: The company believes its experience building mission-critical, always-on software for a heavily regulated industry can be applied to another sector with similar requirements. Goonetilleke did not identify the potential vertical. Adjacent opportunities in emerging technology markets: Amdocs is evaluating opportunities related to edge computing, workload management, security, virtualization and monetization. The company has been discussing edge mesh-grid concepts with NVIDIA, he said. On the edge opportunity, Goonetilleke said telecom providers possess distributed sites that are powered, air-conditioned and connected by fiber. These locations could potentially support compute capacity closer to enterprises and consumers, but would require software to manage workloads, security, partitions, virtualization and commercial models.

He said Amdocs does not intend to broadly enter unrelated sectors, but is evaluating adjacent applications for technologies it has already developed. For example, the company has been working on post-quantum cryptography compliance for its enterprise applications and sees potential relevance beyond its own operations.

Internal AI adoption and token-cost controls The company is also pursuing what Goonetilleke called an internal “customer zero” approach to becoming more agentic. He said Amdocs is a major user of Cursor and is deploying AI tools across functions including development, marketing, legal and human resources.

However, he emphasized that AI adoption introduces a new cost-management challenge: organizations must evaluate labor costs alongside the cost of tokens consumed by AI models. Amdocs has developed dashboards to monitor employee AI usage and is using model-routing tools designed to direct tasks to lower-cost models when appropriate, he said.

Goonetilleke said the company has not encountered a shortage of graphics processing units needed for its own operations. Amdocs has relationships with NVIDIA and is considering a more hybrid approach spanning frontier models, on-premises resources and GPU reuse, he said.

While AI can improve productivity, Goonetilleke said Amdocs must maintain human oversight and code-quality controls because its software supports mission-critical customer environments. He said the company views AI not only as a potential source of margin improvement, but also as a way to deliver more capabilities and expand its addressable market.

Telco AI platform opportunity Goonetilleke said Amdocs is developing both agentic capabilities for its BSS and OSS stack and a broader AI “harness” for governance, model selection, security and cost management. He said such components could potentially be white-labeled by telecom providers and offered to enterprise customers.

Enterprises face similar issues involving model routing, security, governance and observability, he said. Telecom providers could bundle AI services with connectivity offerings, potentially including token allowances, access to frontier or hosted models, and personal AI agents.

Goonetilleke argued that the larger opportunity for telecom providers extends beyond selling GPUs as a service. While GPU capacity could become a cost-plus or commodity-like offering over time, he said higher-value opportunities could include inference services and software platforms built above the infrastructure layer.

He said telecom providers may be well positioned to address small and mid-sized businesses because connectivity is among the first services businesses procure when launching operations. Still, he said telecom executives will need to move beyond traditional connectivity offerings and take a more ambitious approach to AI services.

Early customer-care results Goonetilleke cited an unnamed European customer that deployed an agentic system on its WhatsApp customer-service channel. Under the prior standard chatbot, roughly 30% to 40% of interactions were handled without escalation, while 60% to 70% of customers sought human assistance, he said.

With the newer agentic approach, 97% of inbound interactions on the channel were handled without human intervention or escalation, according to Goonetilleke. Only 3% required a live person, he said.

He also cited an unnamed network-related customer project that reduced annual operating costs in a particular area by 60%. More broadly, he said existing telecom providers will need to redesign workflows across customer care, service operations and network functions rather than simply add isolated AI features to legacy systems.

Goonetilleke said Amdocs continues to view major cloud providers as partners rather than direct competitors, citing its work with AWS and NVIDIA. He said the principal competitive alternative is often customers attempting to build capabilities internally, although some have later sought Amdocs’ help to accelerate their efforts.

About Amdocs (NASDAQ:DOX)Amdocs NASDAQ: DOX is a global software and services provider specializing in solutions for communications, media and entertainment companies. The company designs, develops and integrates revenue management, customer experience and digital services platforms that enable service providers to launch and monetize new offerings, streamline operations and enhance subscriber engagement. Amdocs' product suite encompasses billing and order management, customer relationship management, digital commerce and network function virtualization, supported by professional services for implementation, integration and managed operations.

Founded in 1982 and structured as a separate public company in 1998, Amdocs has its corporate headquarters in Chesterfield, Missouri, and maintains major development centers in Ra'anana, Israel.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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Wednesday, 05 August 2026 04:01 PM

Topic: 

Earnings Revenue of $1.17 Billion, up 2.7% YoY as Reported and up 2.2% YoY in Constant Currency(1)

Expects Fiscal 2026 Revenue Growth Outlook of 3.2%-4.0% YoY as Reported

Reiterates Midpoint of Fiscal 2026 Revenue Growth Outlook of 2.6% to 3.4% YoY in Constant Currency(1)

Announces Multi-Year Strategic Engagement with Liberty Latin America to Manage & Transform its Entire IT Domain Through Amdocs' Agentic Operating System, aOS

Third Quarter Fiscal 2026 Highlights

(All comparisons are against same quarter of the prior year, unless otherwise stated)

Revenue of $1,175 million, up 2.7% as reported and up 2.2% in constant currency(1); revenue was at the midpoint of the $1,155-$1,195 million guidance range and includes a negligible impact from foreign currency movements relative to our guidance assumptions

Managed services record revenue of $791 million, equivalent to approximately 67% of total revenue and up 2.5%

GAAP diluted EPS of $0.59, including a restructuring charge of 91 cents per share, without which GAAP diluted EPS would have been above the guidance range of $1.39-$1.47

Non-GAAP diluted EPS of $1.84, at the midpoint of the guidance range of $1.81-$1.87

GAAP operating income of $105 million, including a restructuring charge of $106 million; GAAP operating margin of 8.9%, down 880 basis points compared to last year's third quarter and 670 basis points sequentially

Non-GAAP operating income of $253 million; non-GAAP operating margin of 21.6%, up 20 basis points as compared to last year's third fiscal quarter and up 10 basis points sequentially

Free cash flow of $172 million, comprised of cash flow from operations of $197 million, including $21 million of restructuring payments, less $25 million in net capital expenditures(2); excluding restructuring payments, free cash flow was $193 million; reiterates full year fiscal 2026 free cash(2) outlook of $710 million to $730 million, excluding restructuring payments

Repurchased $143 million of ordinary shares during the third fiscal quarter

Twelve-month backlog of $4.26 billion, up 2.7% as compared to last year's third fiscal quarter and down $20 million sequentially

(1) Revenue on a constant currency basis assumes exchange rates in the current period were unchanged from the prior period
(2) Please refer to the Selected Financial Metrics tables below (figures may not sum because of rounding)

JERSEY CITY, NJ / ACCESS Newswire / August 5, 2026 / Amdocs Limited (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today reported operating results for the three months ended June 30, 2026.

"I'm pleased to report solid Q3 results. Revenue of $1.175 billion was consistent with the midpoint of guidance, and profitability improved from a year ago as we continued to balance growth investments with accelerated internal transformation to become an agentic-first organization. Managed services had a record quarter, contributing 67% of total revenue, and twelve-month backlog grew by 2.7% from a year ago. With these results, we're on track to achieve our fiscal 2026 financial guidance while closely monitoring macroeconomic developments and customer spending behavior in the current climate," said Shimie Hortig, president and chief executive officer of Amdocs Management Limited.

Hortig continued, "As we've advanced our strategy over the last few months, I'd like to provide more details about our plans to lead Amdocs forward. Last quarter, I shared my excitement about the agentic era, and the long-term opportunity this presents to help our industry and customers fundamentally transform their IT and network domains. Our vision is to be the primary partner of choice to accelerate this agentic transformation and unlock its value for our customers. Today, we are introducing our new four-pillar growth strategy. Pillar 1, and the core of our strategy, is "aOS, Agentic Telco Operating System", designed to fundamentally transform the way our customers operate their business. Pillar II is "New Vertical Expansion" where we plan to leverage our deep engineering pedigree, combined with our transformation expertise, to accelerate agentic modernization in another industry. Pillar III is "Emerging Growth Horizons" where we intend to capture and solve emerging needs driven by the GenAI revolution in our customer base and beyond. Pillar IV relates to the "Internal Transformation" of Amdocs to become an agentic-first organization as a key enabler to support our future growth."

Hortig concluded, "As the first major proof point of our first growth pillar, I'm proud to share an important moment in our agentic journey. We signed a new, large-scale 10-year partnership with Liberty Latin America encompassing their entire end-to-end IT ecosystem. This is a true flagship engagement under which Liberty Latin America is trusting Amdocs to manage and transform its entire IT domain leveraging aOS, Amdocs' agentic telco operating system. The engagement will transform Liberty Latin America's traditional IT operations into an AI-driven operating model designed to accelerate time to market, increase product innovation, enhance customer and employee experience, and deliver significant cost savings. The deal is also a meaningful expansion of Amdocs' footprint in the CALA region and is a major demonstration of our ability to handle highly complex mission critical operations across multiple markets."

Revenue
(All comparisons are against the prior year period)

In millions

Three months ended

June 30, 2026

Actual

Guidance

Revenue

$

1,175

$1,155 - $1,195

Revenue Growth, as reported

2.7%

Revenue Growth, constant currency(1)

2.2%

Revenue for the third fiscal quarter of 2026 was at the midpoint of Amdocs' guidance and includes a negligible impact from foreign currency movements compared to our guidance assumptions

Revenue for the third fiscal quarter includes a positive impact from foreign currency movements of $5 million relative to the third quarter of fiscal 2025 and a negative impact from foreign currency movements of $1 million relative to the second quarter of fiscal 2026

Net Income and Earnings Per Share

In thousands, except per share data

Three months ended

June 30,

2026

2025

GAAP Measures

Net Income

$

63,193

$

154,802

Net Income attributable to Amdocs Limited

$

62,169

$

154,001

Diluted earnings per share

$

0.59

$

1.39

Non-GAAP Measures

Non-GAAP Net Income

$

195,940

$

192,170

Non-GAAP Net Income attributable to Amdocs Limited

$

194,916

$

191,369

Non-GAAP Diluted earnings per share

$

1.84

$

1.72

Non-GAAP net income excludes amortization of purchased intangible assets and other acquisition-related costs, changes in certain acquisition related liabilities measured at fair value, equity-based compensation expenses, restructuring charges, and other, net of related tax effects. For further details of the reconciliation of selected financial metrics from GAAP to Non-GAAP, please refer to the tables below

Capital Allocation & Liquidity

Quarterly Cash Dividend Program: On August 5, 2026, the Board approved the Company's next quarterly cash dividend payment at the rate of $0.569 per share, and set September 30, 2026 as the record date for determining the shareholders entitled to receive the dividend, which will be payable on October 30, 2026

Share Repurchase Activity: Repurchased $143 million of ordinary shares during the third quarter of fiscal 2026

Twelve-month Backlog

Twelve-month backlog was $4.26 billion at the end of the third quarter of fiscal 2026, up approximately 2.7% as compared to last year's third fiscal quarter. Twelve-month backlog includes anticipated revenue related to contracts, estimated revenue from managed services contracts, letters of intent, maintenance and estimated on-going support activities.

Fourth Quarter Fiscal Year Outlook

In millions, except per share data

Q4 - 2026

Revenue

$1,175-$1,215

GAAP Diluted earnings per share

$1.48-$1.56

Non-GAAP Diluted earnings per share

$1.94-$2.00

Fourth quarter revenue guidance assumes a negative $2.5 million sequential impact from foreign currency fluctuations as compared to the third quarter of fiscal 2026

GAAP diluted EPS guidance does not include the impact of future restructuring charges

Fourth quarter non-GAAP diluted EPS guidance excludes primarily equity-based compensation expense of approximately $0.22-$0.24 per share, amortization of purchased intangible assets and other acquisition-related costs of approximately $0.18 per share, changes in certain acquisitions related liabilities measured at fair value, and other, net of related tax effects

Full Year Fiscal 2026 Outlook

FY 2026- Year-over -Year growth

Current guidance

Previous guidance

Revenue Growth, as reported

3.2%-4.0%

2.6%-4.6%

Revenue Growth, constant currency (1)

2.6%-3.4%

2.0%-4.0%

GAAP Diluted earnings per share

(5.0)%-(3.0)%

12.0%-15.0%

5.5%-6.5%

5.0%-7.0%

FY 2026, in millions

Current guidance

Previous guidance

Free Cash Flow (2)

$710-$730

$710-$730

Full year fiscal 2026 revenue guidance incorporates an expected positive impact from foreign currency fluctuations of approximately 0.6% year-over-year, unchanged as compared with our previous assumption, and includes some inorganic contribution

GAAP diluted EPS guidance does not include the impact of future restructuring charges

Non-GAAP diluted earnings per share growth excludes primarily equity-based compensation expense of approximately $0.95-$0.97 per share, amortization of purchased intangible assets and other acquisition-related costs of approximately $0.60 per share, changes in certain acquisitions related liabilities measured at fair value, and other, net of related tax effects

Non-GAAP operating margin is anticipated to be within a range of 21.3% to 21.9% for the full year fiscal 2026

Non-GAAP operating margin is comprised of GAAP operating margin, excluding amortization of purchased intangible assets and other, equity-based compensation expense, restructuring charges, and changes in certain acquisitions related liabilities measured at fair value

Non-GAAP effective tax rate is anticipated to be within a range of 16% to 19% for the full year fiscal 2026

Reiterates full year fiscal 2026 free cash flow(2) outlook of $710 million to $730 million, excluding payments related to restructuring charges; free cash flow(2) is comprised of cash flow from operations, less net capital expenditures

The forward-looking statements regarding our fourth fiscal quarter 2026 and full year fiscal 2026 guidance take into consideration the Company's current expectations regarding macroeconomic, geopolitical and industry specific risks and various uncertainties and certain assumptions, some of which we will discuss on our earnings conference call. However, we note that market dynamics continue to shift rapidly and we cannot predict all possible outcomes, including those resulting from certain geopolitical events, the current inflationary environment, changes to trade policies including tariffs and trade restrictions and the resulting impact on economic activities (as our outlook assumes current economic conditions do not deteriorate significantly due to trade policy or other macro factors), global or regional events, and the prevailing level of macro-economic, business and operational uncertainty, including customer spending behavior which have created, and continue to create, a significant amount of uncertainty, or from current and potential customer consolidation or their other strategic corporate activities. See "Forward-Looking Statements" below.

Conference Call and Earnings Webcast Presentation Details

Amdocs will host a conference call and earnings webcast presentation on August 5, 2026 at 5:00 p.m. Eastern Time to discuss the Company's third quarter of fiscal 2026 results. To participate in the call, please register here to receive the dial-in numbers and unique access PIN. The conference call and webcast will also be carried live on the Internet and may be accessed via the Amdocs website at https://investors.amdocs.com. Presentation slides will be available shortly before the webcast.

Non-GAAP Financial Measures
This release includes non-GAAP financial measures, including non-GAAP diluted earnings per share, free cash flow(2), revenue on a constant currency(1) basis, non-GAAP cost of revenue, non-GAAP research and development, non-GAAP selling, general and administrative, non-GAAP operating income, non-GAAP operating margin, non-GAAP interest and other expenses, net, non-GAAP income taxes, non-GAAP effective tax rate, non-GAAP net income, non-GAAP net income attributable to Amdocs Limited and non-GAAP diluted earnings per share growth. These other non-GAAP measures exclude the following items:

amortization of purchased intangible assets and other acquisition-related costs;

changes in certain acquisition-related liabilities measured at fair value;

restructuring and unusual charges or benefits;

equity-based compensation expense;

other; and

tax effects related to the above.

Free cash flow(2) equals cash generated by operating activities less net capital expenditures. These non-GAAP financial measures are not in accordance with, or an alternative for, generally accepted accounting principles and may be different from non-GAAP financial measures used by other companies. In addition, these non-GAAP financial measures are not based on any comprehensive set of accounting rules or principles. Amdocs believes that non-GAAP financial measures have limitations in that they do not reflect all of the amounts associated with Amdocs' results of operations as determined in accordance with GAAP and that these measures should only be used to evaluate Amdocs' results of operations in conjunction with the corresponding GAAP measures.

Amdocs believes that the presentation of non-GAAP financial measures, including non-GAAP diluted earnings per share, free cash flow(2), revenue on a constant currency(1) basis, non-GAAP cost of revenue, non-GAAP research and development, non-GAAP selling, general and administrative, non-GAAP operating income, non-GAAP operating margin, non-GAAP interest and other expenses, net, non-GAAP income taxes, non-GAAP effective tax rate, non-GAAP net income, non-GAAP net income attributable to Amdocs Limited and non-GAAP diluted earnings per share growth when shown in conjunction with the corresponding GAAP measures, provides useful information to investors and management regarding financial and business trends relating to its financial condition and results of operations, as well as the net amount of cash generated by its business operations after taking into account capital spending required to maintain or expand the business.

For its internal budgeting process and in monitoring the results of the business, Amdocs' management uses financial statements that do not include amortization of purchased intangible assets and other acquisition-related costs, changes in certain acquisition-related liabilities measured at fair value, restructuring and unusual charges or benefits, equity-based compensation expense, other and related tax effects. Amdocs' management also uses the foregoing non-GAAP financial measures, in addition to the corresponding GAAP measures, in reviewing the financial results of Amdocs. In addition, Amdocs believes that significant groups of investors exclude these items in reviewing its results and those of its competitors, because the amounts of the items between companies can vary greatly depending on the assumptions used by an individual company in determining the amounts of the items.

Amdocs further believes that, where the adjustments used in calculating non-GAAP diluted earnings per share are based on specific, identified amounts that impact different line items in the Consolidated Statements of Income (including cost of revenue, research and development, selling, general and administrative, operating income, interest and other expenses, net, income taxes and net income), it is useful to investors to understand how these specific line items in the Consolidated Statements of Income are affected by these adjustments. Please refer to the Reconciliation of Selected Financial Metrics from GAAP to Non-GAAP tables below.

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About Amdocs

Amdocs helps the world's leading communications and media companies deliver exceptional customer experiences through reliable, efficient, and secure operations at scale. We provide software products and services that embed intelligence into how work runs across business, IT, and network domains - delivering measurable outcomes in customer experience, network performance, cloud modernization, and revenue growth. With our talented people, and more than 40 years of experience running mission-critical systems around the globe, Amdocs runs billions of transactions daily. Our technology is relied on every day, connecting people worldwide and advancing a more inclusive, connected world. Together, we help those who shape the future to make it amazing. Amdocs is listed on the NASDAQ Global Select Market (NASDAQ: DOX) and reported revenue of $4.53 billion in fiscal 2025. For more information, visit www.amdocs.com.

Forward-Looking Statements

This press release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements about Amdocs' strategy, including with respect to artificial intelligence and agentic opportunities, growth, financial outlook, and business results in future quarters and years. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations will not be material. Such statements involve risks, uncertainties, and other important factors that may cause future results to differ materially from those anticipated. These risks include, but are not limited to, the effects of general macroeconomic conditions, prevailing level of macroeconomic, business and operational uncertainty, including as a result of geopolitical events or other regional events or pandemics, changes to trade policies including tariffs and trade restrictions, as well as the current inflationary environment, and the effects of these conditions on the Company's customers' businesses and levels of business activity, including the effect of the current economic uncertainty and industry pressure on the spending decisions of the Company's customers, Amdocs' ability to grow in the business markets that it serves, Amdocs' ability to successfully integrate acquired businesses, adverse effects of market competition, rapid technological shifts that may render the Company's products and services obsolete, security incidents, including breaches and cyberattacks to our systems and networks and those of our partners or customers, potential loss of a major customer, our ability to develop long-term relationships with our customers, our ability to successfully and effectively implement artificial intelligence and Generative AI in the Company's offerings and operations, and risks associated with operating businesses in the international market. Amdocs may elect to update these forward-looking statements at some point in the future; however, Amdocs specifically disclaims any obligation to do so. These and other risks are discussed at greater length in Amdocs' filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F for the fiscal year ended September 30, 2025, filed on December 15, 2025, and our Form 6-K furnished for the first quarter of fiscal 2026 on February 17, 2026 and for the second quarter of fiscal 2026 on May 26, 2026.

Contact:
Matthew Smith
Head of Investor Relations
Amdocs
314-212-8328
E-mail: [email protected]

AMDOCS LIMITED
Consolidated Statements of Income
(In thousands, except per share data)

Three months ended
June 30,

Nine months ended
June 30,

2026

2025

2026

2025

Revenue

$

1,174,895

$

1,144,437

$

3,502,813

$

3,382,695

Operating expenses:

Cost of revenue

707,740

711,147

2,152,196

2,091,455

Research and development

86,367

86,851

255,346

252,980

Selling, general and administrative

149,252

127,589

416,650

384,301

Amortization of purchased intangible assets and other

20,574

16,380

56,416

48,137

Restructuring charges

106,424

-

128,130

6,783

1,070,357

941,967

3,008,738

2,783,656

Operating income

104,538

202,470

494,075

599,039

Interest and other expense, net

(14,082

)

(11,705

)

(31,310

)

(26,579

)

Income before income taxes

90,456

190,765

462,765

572,460

Income taxes

27,263

35,963

102,346

101,805

Net income

$

63,193

$

154,802

$

360,419

$

470,655

Net income attributable to noncontrolling interests

1,024

801

2,869

2,278

Net income attributable to Amdocs Limited

$

62,169

$

154,001

$

357,550

$

468,377

Basic earnings per share attributable to Amdocs Limited

$

0.59

$

1.39

$

3.35

$

4.19

Diluted earnings per share attributable to Amdocs Limited

$

0.59

$

1.39

$

3.33

$

4.17

Cash dividends declared per ordinary share

$

0.569

$

0.527

$

1.665

$

1.533

Basic weighted average number of shares outstanding

105,453

110,614

106,845

111,776

Diluted weighted average number of shares outstanding

105,691

111,188

107,228

112,384

AMDOCS LIMITED
Selected Financial Metrics
(In thousands, except per share data)

Three months ended
June 30,

Nine months ended
June 30,

2026

2025

2026

2025

Revenue

$

1,174,895

$

1,144,437

$

3,502,813

$

3,382,695

Non-GAAP operating income

253,409

244,708

755,184

720,212

Non-GAAP net income

195,940

192,170

585,572

582,064

Non-GAAP net income attributable to Amdocs Limited

194,916

191,369

582,703

579,786

Non-GAAP diluted earnings per share

$

1.84

$

1.72

$

5.43

$

5.16

Diluted weighted average number of shares outstanding

105,691

111,188

107,228

112,384

Free Cash Flows
(In thousands)

Three months ended
June 30,

Nine months ended
June 30,

2026

2025

2026

2025

Net Cash Provided by Operating Activities

$

197,217

$

241,243

$

518,983

$

519,256

Purchases of property and equipment, net (a)

(25,293

)

(29,421

)

(78,769

)

(72,740

)

Free Cash Flow

$

171,924

$

211,822

$

440,214

$

446,516

___________________________________________________

(a) The amounts under "Purchase of property and equipment, net", include immaterial proceeds from sale of property and equipment for the three and nine months ended June 30, 2026 and 2025, respectively.

AMDOCS LIMITED
Reconciliation of Selected Financial Metrics from GAAP to Non-GAAP
(In thousands)

Three Months Ended June 30, 2026

GAAP

Amortization of purchased intangible assets and other

Equity based compensation expense

Changes in certain acquisitions related liabilities measured at fair value

Restructuring charges

Other

Tax
effect

Non-GAAP

Operating expenses:

Cost of revenue

$

707,740

$

-

$

(10,005

)

$

(135

)

$

-

$

-

$

-

$

697,600

Research and development

86,367

(1,796

)

84,571

Selling, general and administrative

149,252

(9,802

)

(135

)

139,315

Amortization of purchased intangible assets and other

20,574

(20,574

)

-

Restructuring charges

106,424

(106,424

)

-

Total operating expenses

1,070,357

(20,574

)

(21,603

)

(270

)

(106,424

)

-

-

921,486

Operating income

104,538

20,574

21,603

270

106,424

253,409

Interest and other expense, net

(14,082

)

(111

)

(14,193

)

Income taxes

27,263

16,013

43,276

Net income

63,193

20,574

21,603

270

106,424

(111

)

(16,013

)

195,940

Net income attributable to noncontrolling interests

1,024

1,024

Net income attributable to Amdocs Limited

$

62,169

$

20,574

$

21,603

$

270

$

106,424

$

(111

)

$

(16,013

)

$

194,916

Three Months Ended June 30, 2025

GAAP

Amortization of purchased intangible assets and other

Equity based compensation expense

Changes in certain acquisitions related liabilities measured at fair value

Other

Tax
effect

Non-GAAP

Operating expenses:

Cost of revenue

$

711,147

$

-

$

(12,652

)

$

(361

)

$

-

$

-

$

698,134

Research and development

86,851

(2,449

)

84,402

Selling, general and administrative

127,589

(10,860

)

464

117,193

Amortization of purchased intangible assets and other

16,380

(16,380

)

-

Total operating expenses

941,967

(16,380

)

(25,961

)

103

899,729

Operating income

202,470

16,380

25,961

(103

)

244,708

Interest and other expense, net

(11,705

)

(11,705

)

Income taxes

35,963

4,870

40,833

Net income

154,802

16,380

25,961

(103

)

(4,870

)

192,170

Net income attributable to noncontrolling interests

801

801

Net income attributable to Amdocs Limited

$

154,001

$

16,380

$

25,961

$

(103

)

$

-

$

(4,870

)

$

191,369

AMDOCS LIMITED
Reconciliation of Selected Financial Metrics from GAAP to Non-GAAP
(In thousands)

Nine Months Ended June 30, 2026

GAAP

Amortization of purchased intangible assets and other

Equity based compensation expense

Changes in certain acquisitions related liabilities measured at fair value

Restructuring charges

Other

Tax
effect

Non-GAAP

Operating expenses:

Cost of revenue

$

2,152,196

$

-

$

(32,770

)

$

(629

)

$

-

$

-

$

-

$

2,118,797

Research and development

255,346

(5,723

)

249,623

Selling, general and administrative

416,650

(45,199

)

7,758

379,209

Amortization of purchased intangible assets and other

56,416

(56,416

)

-

Restructuring charges

128,130

(128,130

)

-

Total operating expenses

3,008,738

(56,416

)

(83,692

)

7,129

(128,130

)

-

-

2,747,629

Operating income

494,075

56,416

83,692

(7,129

)

128,130

755,184

Interest and other expense, net

(31,310

)

(6,175

)

(37,485

)

Income taxes

102,346

29,781

132,127

Net income

360,419

56,416

83,692

(7,129

)

128,130

(6,175

)

(29,781

)

585,572

Net income attributable to noncontrolling interests

2,869

2,869

Net income attributable to Amdocs Limited

$

357,550

$

56,416

$

83,692

$

(7,129

)

$

128,130

$

(6,175

)

$

(29,781

)

$

582,703

Nine Months Ended June 30, 2025

GAAP

Amortization of purchased intangible assets and other

Equity based compensation expense

Changes in certain acquisitions related liabilities measured at fair value

Restructuring charges

Other

Tax
effect

Non-GAAP

Operating expenses:

Cost of revenue

$

2,091,455

$

-

$

(38,258

)

$

(721

)

$

-

$

-

$

-

$

2,052,476

Research and development

252,980

(7,003

)

245,977

Selling, general and administrative

384,301

(32,873

)

12,602

364,030

Amortization of purchased intangible assets and other

48,137

(48,137

)

-

Restructuring charges

6,783

(6,783

)

-

Total operating expenses

2,783,656

(48,137

)

(78,134

)

11,881

(6,783

)

2,662,483

Operating income

599,039

48,137

78,134

(11,881

)

6,783

720,212

Interest and other expense, net

(26,579

)

5,979

(20,600

)

Income taxes

101,805

15,743

117,548

Net income

470,655

48,137

78,134

(11,881

)

6,783

5,979

(15,743

)

582,064

Net income attributable to noncontrolling interests

2,278

2,278

Net income attributable to Amdocs Limited

$

468,377

$

48,137

$

78,134

$

(11,881

)

$

6,783

$

5,979

$

(15,743

)

$

579,786

AMDOCS LIMITED
Condensed Consolidated Balance Sheets
(In thousands)

As of

June 30,
2026

September 30,
2025

ASSETS

Current assets:

Cash and cash equivalents

$

206,451

$

324,999

Accounts receivable, net, including unbilled

1,009,645

935,751

Prepaid expenses and other current assets

376,669

331,387

Total current assets

1,592,765

1,592,137

Property and equipment, net

736,393

768,557

Lease assets

165,282

182,088

Goodwill and other intangible assets, net

3,223,852

3,046,962

Other noncurrent assets

697,963

660,086

Total assets

$

6,416,255

$

6,249,830

LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities

Accounts payable, accruals and other

$

1,243,491

$

1,201,206

Short-term financing arrangements

280,000

-

Lease liabilities

34,677

38,725

Deferred revenue

144,328

118,861

Total current liabilities

1,702,496

1,358,792

Lease liabilities

124,968

140,776

Long-term debt, net of unamortized debt issuance costs

647,368

646,901

Other noncurrent liabilities

613,926

632,681

Total Amdocs Limited Shareholders equity

3,286,514

3,429,453

Noncontrolling interests

40,983

41,227

Total equity

3,327,497

3,470,680

Total liabilities and equity

$

6,416,255

$

6,249,830

AMDOCS LIMITED
Consolidated Statements of Cash Flows
(In thousands)

Nine months ended
June 30,

2026

2025

Cash Flow from Operating Activities:

Net income

$

360,419

$

470,655

Reconciliation of net income to net cash provided by operating activities:

Depreciation, amortization and impairment

156,177

144,535

Amortization of debt issuance cost

467

453

Equity-based compensation expense

83,692

78,134

Deferred income taxes

11,885

10,898

Loss from short-term interest-bearing investments

-

1,869

Net changes in operating assets and liabilities, net of amounts acquired:

Accounts receivable, net

(101,765

)

57,499

Prepaid expenses and other current assets

(12,622

)

(71,825

)

Other noncurrent assets

6,888

(21,659

)

Lease assets and liabilities, net

(3,049

)

3,483

Accounts payable, accrued expenses and accrued personnel

27,222

(85,590

)

Deferred revenue

12,483

13,813

Income taxes payable, net

8,216

(17,781

)

Other noncurrent liabilities

(31,030

)

(65,228

)

Net cash provided by operating activities

$

518,983

$

519,256

Cash Flow from Investing Activities:

Purchase of property and equipment, net (a)

(78,769

)

(72,740

)

Proceeds from sale of short-term interest-bearing investments

-

94,718

Net cash paid for business and intangible assets acquisitions

(217,644

)

(61,406

)

Net cash from equity investments and other

13,842

16,773

Net cash used in investing activities

$

(282,571

)

$

(22,655

)

Cash Flow from Financing Activities:

Repurchase of shares

(427,077

)

(414,924

)

Proceeds from employee stock option exercises

6,768

18,097

Payments of dividends

(174,278

)

(166,425

)

Distribution to noncontrolling interests

(3,113

)

(2,523

)

Borrowings under financing arrangements

280,000

-

Payment of contingent consideration and deferred payment of business acquisitions

(37,260

)

(9,599

)

Net cash used in financing activities

$

(354,960

)

$

(575,374

)

Net decrease in cash and cash equivalents

(118,548

)

(78,773

)

Cash and cash equivalents at beginning of period

324,999

346,085

Cash and cash equivalents at end of period

$

206,451

$

267,312

___________________________________________________

(a) The amounts under "Purchase of property and equipment, net", include immaterial proceeds from sale of property and equipment for the three and nine months ended June 30, 2026 and 2025, respectively.

AMDOCS LIMITED
Supplementary Information
(In millions)

Three months ended

June 30,

March 31,

December 31,

September 30,

June 30,

2026

2026

2025

2025

2025

North America

$

748.1

$

754.3

$

764.7

$

762.4

$

745.4

Europe

193.5

191.8

181.7

179.8

189.4

Rest of the World

233.3

225.8

209.5

208.0

209.6

Total Revenue

$

1,174.9

$

1,172.0

$

1,155.9

$

1,150.2

$

1,144.4

Three months ended

June 30,

March 31,

December 31,

September 30,

June 30,

2026

2026

2025

2025

2025

Managed Services Revenue

$

790.5

$

758.7

$

745.9

$

748.3

$

771.5

as of

June 30,

March 31,

December 31,

September 30,

June 30,

2026

2026

2025

2025

2025

12-Month Backlog

$

4,260

$

4,280

$

4,250

$

4,190

$

4,150

# # #

SOURCE: Amdocs - IR

Upgrade will boost business agility, streamline customer operations and establish a scalable foundation for future digital innovation

JERSEY CITY, NJ / ACCESS Newswire / August 5, 2026 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that PLDT Home, the wireline and broadband division of PLDT Inc., a leading telecommunications and digital service provider in the Philippines, has selected Amdocs to modernize the core platform supporting its critical business operations.

As part of the agreement, Amdocs will modernize PLDT Home's existing technology stack with cloud-ready architecture designed to strengthen resilience, scalability, security and operational performance while protecting existing technology investments. The upgraded platform will streamline billing, customer care and order management, enabling faster payment updates, more efficient order processing, a smoother customer journey and increased automation across critical business processes.

The collaboration marks an important foundational step in advancing PLDT's broader technology ecosystem transformation, establishing modern architecture for PLDT Home that will support future digital initiatives. The new platform will support efficient operations by helping reduce order issues and manual rework, accelerating service fulfillment, and enabling a more seamless customer experience.

"As customer expectations continue to evolve, having a modern, agile business operations platform is essential to delivering the speed and reliability our business demands," said John Palanca, Senior Vice President and Head of Consumer Business, PLDT Home. "By modernizing the core business platform supporting our billing, customer care and order management operations, we are simplifying business processes and building a cloud-ready foundation for future growth."

"Amdocs' new cloud-native core platform will provide the performance, resilience and elasticity needed to support our evolving technology landscape," said Gilbert Gaw, First Vice President and Head of IT and Transformation Office, PLDT and Smart. "This cloud-native architecture will enhance system availability, enable seamless scalability as demand grows, and simplify platform operations, enabling us to accelerate the delivery of new capabilities while maintaining a highly reliable environment."

"Modernizing mission-critical business platforms requires a careful balance between innovation and continuity," said Anthony Goonetilleke, Group President of Technology and Head of Strategy, Amdocs. "We're thrilled to work on this project with PLDT Home to support them in modernizing their core billing and customer operations with minimal disruption, creating a more resilient platform that is ready to support future business needs."

Supporting Resources

Keep up with Amdocs news by visiting the company's website

Follow us on X, Facebook, LinkedIn, and YouTube

About Amdocs

Amdocs helps the world's leading communications and media companies deliver exceptional customer experiences through reliable, efficient, and secure operations at scale. We provide software products and services that embed intelligence into how work runs across business, IT, and network domains - delivering measurable outcomes in customer experience, network performance, cloud modernization, and revenue growth. With our talented people, and more than 40 years of experience running mission-critical systems around the globe, Amdocs runs billions of transactions daily. Our technology is relied on every day, connecting people worldwide and advancing a more inclusive, connected world. Together, we help those who shape the future to make it amazing. Amdocs is listed on the NASDAQ Global Select Market (NASDAQ:DOX) and reported revenue of $4.53 billion in fiscal 2025. For more information, visit www.amdocs.com.

Amdocs' Forward-Looking Statement

This press release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements about Amdocs' growth and business results in future quarters and years. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations will not be material. Such statements involve risks and uncertainties that may cause future results to differ from those anticipated. These risks include, but are not limited to, the effects of general macroeconomic conditions, prevailing level of macroeconomic, business and operational uncertainty, including as a result of geopolitical events or other regional events or pandemics, changes to trade policies including tariffs and trade restrictions, as well as the current inflationary environment, and the effects of these conditions on the Company's customers' businesses and levels of business activity, including the effect of the current economic uncertainty and industry pressure on the spending decisions of the Company's customers. Amdocs' ability to grow in the business markets that it serves, Amdocs' ability to successfully integrate acquired businesses, adverse effects of market competition, rapid technological shifts that may render the Company's products and services obsolete, security incidents, including breaches and cyberattacks to our systems and networks and those of our partners or customers, potential loss of a major customer, our ability to develop long-term relationships with our customers, our ability to successfully and effectively implement artificial intelligence and Generative AI in the Company's offerings and operations, and risks associated with operating businesses in the international market. Amdocs may elect to update these forward-looking statements at some point in the future; however, Amdocs specifically disclaims any obligation to do so. These and other risks are discussed at greater length in Amdocs' filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F for the fiscal year ended September 30, 2025, filed on December 15, 2025, and for the first quarter of fiscal 2026 on February 17, 2026, and for the second quarter of fiscal 2026 on May 26, 2026.

Media Contacts

Swati Sharma
Amdocs Public Relations
E-mail: [email protected]

SOURCE: Amdocs Management Limited

Amdocs Remote eSIM Manager, part of the Amdocs eSIM Cloud Platform, empowers Cielo to deliver intelligent, software-defined connectivity across Brazil's payment ecosystem

JERSEY CITY, NJ / ACCESS Newswire / August 5, 2026 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that Cielo, one of Brazil's largest payment services providers, has selected Amdocs Remote eSIM Manager to modernize and transform its nationwide payment terminal connectivity platform.

Under this engagement, Cielo will transition from traditional SIM-based connectivity model to an intelligent, software-defined connectivity model across its fleet of payment terminals deployed throughout Brazil.

Leveraging Amdocs' award-winning eSIM Cloud Platform, the solution enables secure remote provisioning and lifecycle management of connectivity profiles, allowing devices to dynamically connect to the best available mobile network. This ensures continuous connectivity and helps maintain uninterrupted payment processing across Brazil's diverse network environments.

With the deployment of Amdocs Remote eSIM Manager, Cielo will gain advanced capabilities to manage connectivity across its payment terminal ecosystem, including eSIM lifecycle management and remote provisioning, dynamic switching between mobile network operators, real-time network quality monitoring and optimization, intelligent connectivity orchestration for payment terminals, and secure remote activation and profile management.

"As digital payments continue to expand across Brazil, resilient and intelligent connectivity is essential to ensure seamless experiences for merchants and consumers," said Carlos Alves, Chief Technology Officer, Cielo. "We are happy to partner with Amdocs to leverage eSIM technology and move towards a more flexible, scalable connectivity model that will transform our nationwide payment terminal network. This will help us deliver improved transaction reliability, simplified operations, and support the continued growth of Brazil's digital payments ecosystem."

"Seamless connectivity is the foundation of so many activities in our daily lives, from the entertainment we watch to the commerce transactions we make," said Anthony Goonetilleke, Group President of Technology and Head of Strategy at Amdocs. "We're proud to work with Cielo as they bring the full capability of Amdocs eSIM Cloud to one of Latin America's leading payment networks, helping to simplify and streamline both merchant and customer experiences."

Supporting Resources

Read more about Amdocs Remote eSIM Manager, here

Keep up with Amdocs news by visiting the company's website

Follow us on X, Facebook, LinkedIn, and YouTube

About Cielo

Cielo is one of Brazil's largest payment services providers and a key player in the country's financial ecosystem. Founded in 1995, the company provides acquiring and payment processing infrastructure to merchants across Brazil, ranging from small businesses to large retailers. Cielo processes billions of transactions annually and plays a central role in enabling digital commerce nationwide.

About Amdocs

Amdocs helps the world's leading communications and media companies deliver exceptional customer experiences through reliable, efficient, and secure operations at scale. We provide software products and services that embed intelligence into how work runs across business, IT, and network domains - delivering measurable outcomes in customer experience, network performance, cloud modernization, and revenue growth. With our talented people, and more than 40 years of experience running mission-critical systems around the globe, Amdocs runs billions of transactions daily. Our technology is relied on every day, connecting people worldwide and advancing a more inclusive, connected world. Together, we help those who shape the future to make it amazing. Amdocs is listed on the NASDAQ Global Select Market (NASDAQ: DOX) and reported revenue of $4.53 billion in fiscal 2025. For more information, visit www.amdocs.com.

Amdocs' Forward-Looking Statement

This press release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements about Amdocs' growth and business results in future quarters and years. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations will not be material. Such statements involve risks and uncertainties that may cause future results to differ from those anticipated. These risks include, but are not limited to, the effects of general macroeconomic conditions, prevailing level of macroeconomic, business and operational uncertainty, including as a result of geopolitical events or other regional events or pandemics, changes to trade policies including tariffs and trade restrictions, as well as the current inflationary environment, and the effects of these conditions on the Company's customers' businesses and levels of business activity, including the effect of the current economic uncertainty and industry pressure on the spending decisions of the Company's customers. Amdocs' ability to grow in the business markets that it serves, Amdocs' ability to successfully integrate acquired businesses, adverse effects of market competition, rapid technological shifts that may render the Company's products and services obsolete, security incidents, including breaches and cyberattacks to our systems and networks and those of our partners or customers, potential loss of a major customer, our ability to develop long-term relationships with our customers, our ability to successfully and effectively implement artificial intelligence and Generative AI in the Company's offerings and operations, and risks associated with operating businesses in the international market. Amdocs may elect to update these forward-looking statements at some point in the future; however, Amdocs specifically disclaims any obligation to do so. These and other risks are discussed at greater length in Amdocs' filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F for the fiscal year ended September 30, 2025, filed on December 15, 2025, and for the first quarter of fiscal 2026 on February 17, 2026, and for the second quarter of fiscal 2026 on May 26, 2026.

Media Contacts
Swati Sharma
Amdocs Public Relations
E-mail: [email protected]

SOURCE: Amdocs Management Limited

Transformation program to be delivered on the Amdocs Customer Engagement Platform, part of aOS agentic operating system, enabling a unified, AI-native, future-ready engagement foundation

JERSEY CITY, NJ / ACCESS Newswire / June 24, 2026 / Amdocs (NASDAQ:DOX), a leading provider of software and services for communications and media companies, today announced that telecom operator Three Scandinavia has selected Amdocs as a strategic partner to support parts of its ongoing business and digital transformation across Sweden and Denmark.

The program is focused on simplifying and modernizing selected customer engagement and commerce capabilities, supporting more consistent and efficient operations across the Nordic markets.

As part of the engagement, Amdocs will deploy its Customer Engagement Platform to help consolidate key processes across marketing, sales and service, enabling more seamless omnichannel experiences and improved operational efficiency. The approach is designed to be implemented in phases, allowing Three Scandinavia to continue to deliver products, services and improvements to customers throughout the transformation.

The initiative will also enable improved use of data and automation to support better decision-making and more streamlined workflows across the customer lifecycle, across both consumer and business segments where relevant.

"Three Scandinavia has always been a challenger in the market, and together with Amdocs we are ready to take the next step to offer our customers a better experience. Through this program, we are taking further steps to simplify how we operate and strengthen the experience we provide to our customers," said Rajib Eklund, CTIO at Three Scandinavia. "The focus is on building a more scalable and efficient foundation while continuing to develop our commercial offering and maintain momentum in the market."

"Three Scandinavia has a clear ambition to simplify its operations and enhance customer engagement across its Nordic footprint," said Anthony Goonetilleke, Group President of Technology and Head of Strategy at Amdocs. "We are pleased to support this journey with our platform and telecom expertise, helping to enable more efficient processes and improved customer experiences."

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About Amdocs

Amdocs helps the world's leading communications and media companies deliver exceptional customer experiences through reliable, efficient, and secure operations at scale. We provide software products and services that embed intelligence into how work runs across business, IT, and network domains - delivering measurable outcomes in customer experience, network performance, cloud modernization, and revenue growth. With our talented people, and more than 40 years of experience running mission-critical systems around the globe, Amdocs runs billions of transactions daily. Our technology is relied on every day, connecting people worldwide and advancing a more inclusive, connected world. Together, we help those who shape the future to make it amazing. Amdocs is listed on the NASDAQ Global Select Market (NASDAQ: DOX) and reported revenue of $4.53 billion in fiscal 2025. For more information, visit www.amdocs.com.

Amdocs' Forward-Looking Statement

This press release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements about Amdocs' growth and business results in future quarters and years. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations will not be material. Such statements involve risks and uncertainties that may cause future results to differ from those anticipated. These risks include, but are not limited to, the effects of general macroeconomic conditions, prevailing level of macroeconomic, business and operational uncertainty, including as a result of geopolitical events or other regional events or pandemics, changes to trade policies including tariffs and trade restrictions, as well as the current inflationary environment, and the effects of these conditions on the Company's customers' businesses and levels of business activity, including the effect of the current economic uncertainty and industry pressure on the spending decisions of the Company's customers. Amdocs' ability to grow in the business markets that it serves, Amdocs' ability to successfully integrate acquired businesses, adverse effects of market competition, rapid technological shifts that may render the Company's products and services obsolete, security incidents, including breaches and cyberattacks to our systems and networks and those of our partners or customers, potential loss of a major customer, our ability to develop long-term relationships with our customers, our ability to successfully and effectively implement artificial intelligence and Generative AI in the Company's offerings and operations, and risks associated with operating businesses in the international market. Amdocs may elect to update these forward-looking statements at some point in the future; however, Amdocs specifically disclaims any obligation to do so. These and other risks are discussed at greater length in Amdocs' filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F for the fiscal year ended September 30, 2025, filed on December 15, 2025, for the first quarter of fiscal 2026 on February 17, 2026, and for the second quarter of fiscal 2026 on May 26, 2026.

Media Contacts

Mario Hajiloizi
Amdocs Public Relations
E-mail: [email protected]

SOURCE: Amdocs Management Limited