Welcome to our dedicated page for CGI news (Ticker: GIB), a resource for investors and traders seeking the latest updates and insights on CGI stock.
CGI Inc. reports developments in IT and business consulting services across consulting, systems integration, managed IT, business process services and intellectual property solutions. News about CGI commonly covers quarterly results, bookings and backlog, client demand for modernization of mission-critical technology environments, and capital actions such as issuer bids.
Company updates also address AI-enabled services, sovereign cloud and data platforms, SAP operations certifications, and strategic partnerships in sectors such as government, healthcare, critical infrastructure, financial services, manufacturing and utilities. CGI’s model combines local client relationships with a global delivery network across North America, Europe and other markets.
CGI (NYSE:GIB) has been named a Leader in the Design and Setup quadrant and a Rising Star in the Optimization and Enhancement quadrant of the ISG Provider Lens® Global Capability Center (GCC) Services 2026 report.
The recognition highlights CGI's AI-powered, value-driven GCC design, setup and transformation capabilities, including large-scale programs, build-operate-transfer models, joint ventures, and outcome-based delivery models that support clients' shift from cost-focused shared services to innovation-driven global delivery centers.
CGI (NYSE:GIB) and Stockmann, part of Lindex Group, have expanded their long-term collaboration into a strategic partnership. The new agreement covers managed IT services, application management, digital development and end-user services, aiming to enhance customer-centricity, omnichannel capabilities, profitability and AI-driven digital transformation.
CGI (NYSE:GIB) appointed Tim Hurlebaus as President and Chief Executive Officer and Board member, effective immediately, succeeding retiring CEO François Boulanger after nearly 40 years in IT services and 30 years at CGI.
Hurlebaus previously served as President and COO, overseeing U.S., UK and Australia operations representing nearly half of annual revenue, and has over 35 years of IT consulting experience across major commercial and government sectors.
CGI (NYSE: GIB) announced on May 4, 2026 that it earned the Microsoft Copilot specialization in Modern Work within the Microsoft AI Cloud Partner Program and advanced to Prioritized Tier in the Microsoft Copilot Jumpstart Program in North America. The designations highlight CGI's Microsoft 365 Copilot capabilities, including Copilot Chat, Copilot Studio and agent-based solutions, and position CGI to support secure, scaled Copilot adoption, governance, and enterprise AI deployment across Canada and the United States.
CGI (NYSE: GIB) announced a strategic partnership with Cleura on April 30, 2026 to expand its sovereign cloud offering in the Nordics. The collaboration integrates Cleura's European-based cloud services into CGI's cloud, data and hybrid IT portfolio to support regulatory-aligned cloud adoption and AI readiness.
CGI (NYSE: GIB) reported Q2-F2026 revenue of $4.16 billion, up 3.3% year-over-year (1.6% in constant currency), and diluted EPS of $2.09, up 10.6% year-over-year. Adjusted EBIT was $691.6 million with a 16.6% margin. Cash from operations was $451.1 million (10.9% of revenue) and trailing-12-month cash was $2.47 billion (15.1% of revenue). Bookings were $4.31 billion with backlog of $31.50 billion (1.9x annual revenue). Net debt rose to $3.57 billion and the revolving credit facility was increased to $2.50 billion.
CGI (NYSE: GIB) announced an Artificial Intelligence Center of Excellence in Lisbon, Portugal, to focus on Agentic AI and Generative AI. The center will be operational in early May and integrate with CGI's Portugal operations, which include over 2,000 CGI Partners, and will support clients across multiple European markets.
The initiative includes strengthened collaboration with Portuguese universities to develop AI talent and deliver AI solutions for banking, healthcare, utilities and service management.
CGI (NYSE: GIB) launched a high-security sovereign AI and data services platform in Finland on April 27, 2026. The platform is delivered from a KATAKRI-certified Finland data center and supports secure deployment of AI applications, multiple large language models, and an OpenAI-compatible API under client governance.
The service targets enterprise and public sector customers requiring data sovereignty, compliance, and scalable infrastructure for AI development and operations.
CGI (NYSE: GIB) announced Recertification of its global SAP S/4HANA operations and SAP BTP operations, including work aligned with RISE with SAP. The recertifications underscore CGI's standardized, AI-enabled managed SAP services and its alliance momentum with SAP and AWS for cloud modernization.
CGI (NYSE: GIB) on April 23, 2026 implemented a multi-agent AI solution for SOK Finance to accelerate financial service operations. The system, built on AWS Bedrock, was deployed into production at SOK Finance's Palveluässä service center to process high-volume tasks such as invoice copy requests and due date changes, retrieve backend data, and automatically execute parts of workflows, aiming to improve consistency and free experts for judgment-intensive cases.