| Schedule of net revenues disaggregated by customer |
In the following table, the Company’s revenue is disaggregated between Data-Tech-AI and Digital Operations: | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30, | | Six months ended June 30, | | 2024 | | 2025 | | 2024 | | 2025 | | Data-Tech-AI | $ | 546,043 | | | $ | 599,265 | | | $ | 1,069,878 | | | $ | 1,181,213 | | | Digital Operations | 630,169 | | 655,153 | | 1,237,571 | | 1,288,131 | | Net revenues | $ | 1,176,212 | | | $ | 1,254,418 | | | $ | 2,307,449 | | | $ | 2,469,344 | |
In the following table, the Company’s revenue is disaggregated by the nature of solutions and services provided between Advanced Technology Solutions and Core Business Services:
| | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30, | | Six months ended June 30, | | 2024 | | 2025 | | 2024 | | 2025 | Advanced Technology Solutions | $ | 249,462 | | | $ | 292,655 | | | $ | 489,311 | | | $ | 570,282 | | Core Business Services | 926,750 | | 961,763 | | 1,818,138 | | 1,899,062 | | Net revenues | $ | 1,176,212 | | | $ | 1,254,418 | | | $ | 2,307,449 | | | $ | 2,469,344 | |
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| Schedule of details of contract balances |
The following table shows the details of the Company’s contract balances: | | | | | | | | | | | | | As of December 31, 2024 | | As of June 30, 2025 | | Contract assets (Note a) | $ | 48,980 | | | $ | 71,094 | | | Contract liabilities (Note b) | | | | | Deferred transition revenue | $ | 106,769 | | | $ | 106,665 | | | Advance from customers | $ | 45,420 | | | $ | 40,267 | |
(a)Included in "prepaid expenses and other current assets" and "other assets" in the consolidated balance sheet.
(b)Included in "accrued expenses and other current liabilities" and "other liabilities" in the consolidated balance sheet.
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| Schedule of estimated revenue expected to be recognized in the future related to remaining performance obligation |
The following table includes estimated revenue expected to be recognized in the future related to remaining performance obligations as of June 30, 2025:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Particulars | | Total | | Less than 1 year | | 1-3 years | | 3-5 years | | After 5 years | | Transaction price allocated to remaining performance obligations | | $ | 146,932 | | | $ | 93,858 | | | $ | 40,493 | | | $ | 11,627 | | | $ | 954 | |
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| Schedule of contract cost assets |
The following table provides details of the Company’s contract cost assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30, | | Six months ended June 30, | | 2024 | | 2025 | | 2024 | | 2025 | | Particulars | Sales incentive programs | | Transition activities | | Sales incentive programs | | Transition activities | | Sales incentive programs | | Transition activities | | Sales incentive programs | | Transition activities | | Opening balance | $ | 40,194 | | | $ | 164,724 | | | $ | 38,230 | | | $ | 162,199 | | | $ | 41,964 | | | $ | 160,579 | | | $ | 41,348 | | | $ | 159,552 | | | Closing balance | 40,252 | | 163,150 | | 36,486 | | 171,012 | | 40,252 | | 163,150 | | 36,486 | | 171,012 | | Amortization | 6,737 | | 19,693 | | 5,611 | | 18,909 | | 13,682 | | 37,015 | | 11,969 | | 38,283 |
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