Financials · DOX

Amdocs Limited (DOX) financials

For fiscal 2025 (ended Sep 30, 2025), Amdocs Limited reported $4.53B of revenue and $564.70M of net income.

Revenue, FY2025
$4.53B
Revenue growth, YoY
-9.4%
Net income, FY2025
$564.70M
Net income growth, YoY
+14.5%
Net margin
12.5%
Free cash flow, FY2025
$645.14M
EPS, diluted, FY2025
$5.05
EPS growth, YoY
+18.8%
Cash
$325.00M
Total debt
$646.90M
P/E
8.05
P/S
1.00
Market cap
$4.54B
Annual revenue$4.53B
FY2016FY2025
Annual net income$564.70M
FY2016FY2025
Annual free cash flow$645.14M
FY2016FY2025

DOX revenue and earnings growth

DOX revenueQ4 2025$1.15B

Quarter YoY
-9.0%
QoQ
+0.5%
FY YoY
-9.4%
5Y CAGR
+1.7%
10Y CAGR
+2.2%

DOX revenue was $1.15B in fiscal Q4 2025 (ended Sep 30, 2025), down 9.0% from a year earlier and up 0.5% from the prior quarter. For the full fiscal 2025 it was $4.53B, down 9.4% from fiscal 2024. Compound annual growth was +1.7% over 5 years and +2.2% over 10 years. It rose in 9 of the last 10 fiscal years.

DOX net incomeQ4 2025$96.33M

Quarter YoY
+11.4%
QoQ
-37.5%
FY YoY
+14.5%
5Y CAGR
+2.6%
10Y CAGR
+2.4%

DOX net income was $96.33M in fiscal Q4 2025 (ended Sep 30, 2025), up 11.4% from a year earlier and down 37.5% from the prior quarter. For the full fiscal 2025 it was $564.70M, up 14.5% from fiscal 2024. Compound annual growth was +2.6% over 5 years and +2.4% over 10 years. It rose in 5 of the last 10 fiscal years.

DOX EPSQ4 2025$0.88

Quarter YoY
+15.8%
QoQ
-36.7%
FY YoY
+18.8%
5Y CAGR
+6.4%
10Y CAGR
+5.9%

DOX diluted EPS was $0.88 in fiscal Q4 2025 (ended Sep 30, 2025), up 15.8% from a year earlier and down 36.7% from the prior quarter. For the full fiscal 2025 it was $5.05, up 18.8% from fiscal 2024. Compound annual growth was +6.4% over 5 years and +5.9% over 10 years.

DOX free cash flowFY2025$645.14M

FY YoY
+4.2%
10Y CAGR
-0.1%

DOX free cash flow was $645.14M for fiscal 2025 (ended Sep 30, 2025), up 4.2% from fiscal 2024. Compound annual growth was -0.1% over 10 years. It rose in 2 of the last 4 fiscal years.

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Income statement

Income statement
Line item
Sep 30, 2025
Sep 30, 2024
Sep 30, 2023
Sep 30, 2022
Sep 30, 2021
Sep 30, 2020
Sep 30, 2019
Sep 30, 2018
Sep 30, 2017
Sep 30, 2016
Revenue$4.53B$5.00B$4.89B$4.58B$4.29B$4.17B$4.09B$3.97B$3.87B$3.72B
Cost of revenue$2.81B$3.25B$3.16B$2.96B$2.81B$2.76B$2.65B$2.60B$2.51B$2.41B
Gross profit$1.72B$1.76B$1.73B$1.62B$1.48B$1.41B$1.43B$1.38B$1.36B$1.31B
Selling, general and admin$506.11M$572.85M$570.71M$528.57M$487.25M$458.54M$492.46M$481.09M$472.78M$464.88M
Operating income$731.66M$628.61M$653.99M$664.80M$598.69M$594.76M$569.75M$428.31M$517.33M$483.14M
Interest expense$42.44M$34.89M$23.09M$16.91M$21.27M$10.43M$3.91M$2.76M$1.60M$1.67M
Pre-tax income$693.24M$591.07M$636.36M$648.41M$814.31M$583.32M$567.89M$421.54M$512.91M$484.70M
Income tax$125.47M$94.75M$93.40M$98.91M$125.93M$85.48M$88.44M$67.14M$76.09M$75.37M
Net income$564.70M$493.20M$540.71M$549.50M$688.37M$497.84M$479.45M$354.40M$436.83M$409.33M
EPS, basic$5.08$4.27$4.52$4.47$5.36$3.73$3.49$2.49$2.99$2.74
EPS, diluted$5.05$4.25$4.49$4.44$5.32$3.71$3.47$2.47$2.96$2.71
Diluted shares--118.5M121.9M128.0M133.2M137.2M142.6M146.3M149.9M

Balance sheet

Balance sheet
Line item
Sep 30, 2025
Sep 30, 2024
Sep 30, 2023
Sep 30, 2022
Sep 30, 2021
Sep 30, 2020
Sep 30, 2019
Sep 30, 2018
Sep 30, 2017
Sep 30, 2016
Cash and equivalents$325.00M$346.08M$520.08M$573.38M$709.06M$983.19M$471.63M$418.78M$649.61M$768.66M
Receivables$935.75M$1.03B$944.48M$946.78M$866.82M$861.03M$987.86M$971.50M$865.07M$818.53M
Current assets$1.59B$1.77B$1.91B$2.00B$2.07B$2.07B$1.68B$1.72B$2.05B$2.10B
Goodwill$2.89B$2.84B$2.75B$2.66B$2.62B$2.58B$2.46B$2.44B$2.22B$2.21B
Total assets$6.25B$6.39B$6.43B$6.39B$6.51B$6.34B$5.29B$5.35B$5.28B$5.33B
Current liabilities$1.36B$1.47B$1.35B$1.25B$1.30B$1.22B$1.21B$1.29B$1.17B$1.37B
Short-term debt----$0$100.00M----
Long-term debt$646.90M$646.29M$645.70M$645.12M$644.55M$644.02M----
Total debt$646.90M$646.29M$645.70M$645.12M$644.55M$744.02M----
Total liabilities$2.78B$2.89B$2.86B$2.83B$2.88B$2.68B$1.75B$1.86B$1.71B$1.88B
Shareholders' equity$3.43B$3.46B$3.57B$3.56B$3.64B$3.67B$3.54B$3.49B$3.57B$3.45B

Cash flow

Cash flow
Line item
Sep 30, 2025
Sep 30, 2024
Sep 30, 2023
Sep 30, 2022
Sep 30, 2021
Sep 30, 2020
Sep 30, 2019
Sep 30, 2018
Sep 30, 2017
Sep 30, 2016
Operating cash flow$749.10M$724.43M$822.63M$756.72M$925.81M$658.14M$656.38M$557.25M$636.11M$620.23M
Capital expenditures$103.95M$105.50M$124.36M$227.22M$210.44M--$231.15M$133.39M$130.09M
Free cash flow$645.14M$618.93M$698.27M$529.50M$715.37M--$326.10M$502.72M$490.15M
Investing cash flow-$2.06M-$127.41M-$224.50M-$262.50M-$329.00M-$461.73M-$86.76M-$362.39M-$185.31M-$440.85M
Financing cash flow-$768.12M-$771.02M-$651.43M-$629.90M-$870.93M$315.14M-$516.77M-$425.69M-$569.85M-$446.30M
Dividends paid$224.39M$211.97M$199.46M$186.07M$177.47M$164.06M$147.62M$134.29M$121.50M$109.30M
Share repurchases$551.34M$563.12M$489.52M$508.47M$680.00M$360.91M$398.06M$419.23M$340.60M$413.42M
Stock-based compensation$104.86M$104.54M$89.70M$71.81M$54.25M$42.43M$38.55M$47.48M$44.54M$42.70M
Depreciation and amortization---$224.53M$208.83M$198.41M$205.77M$211.22M$214.88M$211.79M

Key ratios

Key ratios
Line item
Sep 30, 2025
Sep 30, 2024
Sep 30, 2023
Sep 30, 2022
Sep 30, 2021
Sep 30, 2020
Sep 30, 2019
Sep 30, 2018
Sep 30, 2017
Sep 30, 2016
Revenue growth, YoY-9.4%2.4%6.8%6.7%2.9%2.0%2.8%2.8%4.0%2.0%
Net income growth, YoY14.5%-8.8%-1.6%-20.2%38.3%3.8%35.3%-18.9%6.7%-8.3%
EPS growth, YoY18.8%-5.3%1.1%-16.5%43.4%6.9%40.5%-16.6%9.2%-4.9%
Gross margin38.0%35.1%35.3%35.4%34.5%33.9%35.1%34.7%35.2%35.2%
Operating margin16.1%12.6%13.4%14.5%14.0%14.3%13.9%10.8%13.4%13.0%
Net margin12.5%9.9%11.1%12.0%16.1%11.9%11.7%8.9%11.3%11.0%
Free cash flow margin14.2%12.4%14.3%11.6%16.7%--8.2%13.0%13.2%
Return on equity16.5%14.3%15.2%15.4%18.9%13.6%13.5%10.1%12.2%11.9%
Return on assets9.0%7.7%8.4%8.6%10.6%7.9%9.1%6.6%8.3%7.7%
Current ratio1.171.201.411.601.591.711.391.331.751.54
Debt to equity0.190.190.180.180.180.20----

Source: XBRL data Amdocs Limited files with the SEC, latest filing dated Dec 15, 2025 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

DOX peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
DOX$4.53B-9.4%$564.70M12.5%$4.54B
ADP$22.26B+6.5%$4.53B20.3%$119.75B
INFY$20.16B+4.6%$3.31B16.4%$50.70B
WDAY$10.15B+13.3%$1.25B12.3%$46.49B
ZS$3.35B+25.4%-$63.18M-1.9%$32.23B
CTSH$21.89B+5.0%$2.57B11.8%$28.93B
VRSN$1.73B+6.5%$849.80M49.1%$27.69B
VRSK$3.18B+4.9%$879.20M27.7%$26.63B
IOT$1.85B+29.5%$90.55M4.9%$24.00B

DOX FAQ

9 questions
  • What is DOX revenue?
    Amdocs Limited (DOX) reported $4.53B of revenue for fiscal 2025 (ended Sep 30, 2025). That is down 9.4% from the year before.
  • Is DOX profitable?
    Yes. Amdocs Limited earned $564.70M in net income for fiscal 2025 (ended Sep 30, 2025), a net margin of 12.5%.
  • How much cash and debt does DOX have?
    Amdocs Limited reported $325.00M in cash and cash equivalents and $646.90M of debt on its most recent balance sheet in SEC filings.
  • How fast is DOX revenue growing?
    Amdocs Limited's revenue changed -9.4% in fiscal 2025, to $4.53B. Its compound annual growth rate was +1.7% over 5 years and +2.2% over 10 years.
  • What is DOX gross margin?
    Amdocs Limited's gross profit was $1.72B on $4.53B of revenue for fiscal 2025 (ended Sep 30, 2025), a gross margin of 38.0%.
  • What is DOX free cash flow?
    Amdocs Limited generated $645.14M of free cash flow for fiscal 2025 (ended Sep 30, 2025), which is operating cash flow of $749.10M less capital expenditures.
  • What is DOX earnings per share?
    Diluted earnings per share were $5.05 for fiscal 2025 (ended Sep 30, 2025), from SEC filings, restated for any stock split those filings show.
  • When did DOX last report financial results?
    The latest statements here come from Amdocs Limited's 20-F filed on Dec 15, 2025, covering the period ended Sep 30, 2025.
  • Where does this DOX financial data come from?
    Quantisnow builds these statements from the structured XBRL data Amdocs Limited files with the SEC. It is provided for information only and is not investment advice.