v3.26.1
SEGMENT INFORMATION
6 Months Ended
Jun. 30, 2026
SEGMENT INFORMATION [ABSTRACT]  
Segment Reporting Disclosure [Text Block]

(2)SEGMENT INFORMATION

The Company has two reportable segments, TTEC Digital and TTEC Engage, based on nature of product and independent management of each business segment. Each segment is led by a senior executive reporting to the CEO and the products and services sold are described below. Resources are allocated and performance is assessed by the Company’s CEO, who holds the function of Chief Operating Decision Maker (“CODM”) for the purposes of these disclosures. The CODM uses income from operations to assess the performance of each segment in the budgeting and forecasting process and when making decisions regarding allocating capital and personnel to the segments.

TTEC Digital and the CX Technology Services Industry

TTEC Digital clients are seeking solutions in many areas including cost optimization, CX technology modernization, including migration to a more agile cloud-based ecosystem, improved CX talent and expertise, and other practical solutions to further enable CX applications, such as the design, implementation and pragmatic delivery of AI capabilities. TTEC Digital takes a technology agnostic approach to these challenges and focuses on designing and delivering solutions to each client’s specific business needs at the intersection of contact center, CRM, and AI and Analytics. TTEC Digital supports the majority of CX platform and solution requirements through its strategic partnerships with the leading CX software vendors including Genesys, Microsoft, Cisco, AWS, Google, Salesforce, ServiceNow, and Nice among others.

TTEC Digital’s solutions are built to respond to market needs for both enterprise and small and medium-sized business clients. AI design and delivery capabilities are woven across all five pillars of the Company offerings.

Professional Services: System design, configuration and integration
Managed Services: Cloud application and premise support
CX Consulting: Transformation strategy and design
CX Data and Analytics: Data science, engineering, and visualization
IP & Software: Custom software engineering through TTEC Digital’s IP and Software division

The segment has a three-pronged go to market strategy that includes growing existing client relationships, partner channel motions and general market development.

TTEC Engage and the CX Business Process Outsourcing Services Industry

The TTEC Engage segment’s solutions are built to respond to the following market needs for clients.

Customer Support  
Tech Support
Revenue Generation and Growth Services
Fraud Mitigation
AI Operations, including data annotation and labeling
Back-office Support

TTEC Engage goes to market through a vertical approach with customized solutions that include industry-specific talent, technology, certifications, and capabilities. For example, in the Banking, Financial Services and Insurance vertical, the Company supports several lines of business with customized offerings for retail banking, online banking, credit card, property and casualty and loans. In healthcare, the segment supports care, technical support, revenue generation and back-office capabilities to meet the needs of payer, provider, clinical and pharma clients.

The Company allocates to each segment its portion of corporate operating expenses following the Company’s standard accounting policies.

The following tables present certain financial data by segment (in thousands). The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.

Three Months Ended June 30, 2026

TTEC Engage

TTEC Digital

Total

Revenue

$

351,463

$

104,032

$

455,495

Cost of services (exclusive of depreciation and amortization presented separately below) (1)

288,628

69,205

357,833

Selling, general and administrative

40,757

20,497

61,254

Depreciation and amortization

14,743

6,398

21,141

Other segment items(2)

3,030

1,228

4,258

Income from operations

4,305

6,704

11,009

Interest income

97

Interest expense

(16,688)

Other income (expense), net

1,180

Income before income taxes

(4,402)

Three Months Ended June 30, 2025

TTEC Engage

TTEC Digital

Total

Revenue

$

399,825

$

113,746

$

513,571

Cost of services (exclusive of depreciation and amortization presented separately below) (1)

327,015

72,258

399,273

Selling, general and administrative

47,465

23,189

70,654

Depreciation and amortization

16,424

6,464

22,888

Other segment items(2)

1,454

426

1,880

Income from operations

7,467

11,409

18,876

Interest income

3,217

Interest expense

(18,233)

Other income (expense), net

(296)

Income before income taxes

3,564

Six Months Ended June 30, 2026

TTEC Engage

TTEC Digital

Total

Revenue

$

745,773

$

205,897

$

951,670

Cost of services (exclusive of depreciation and amortization presented separately below) (1)

604,832

140,867

745,699

Selling, general and administrative

85,192

42,601

127,793

Depreciation and amortization

29,723

12,723

42,446

Other segment items(2)

4,585

1,643

6,228

Income from operations

21,441

8,063

29,504

Interest income

548

Interest expense

(33,672)

Other income (expense), net

1,838

Income before income taxes

(1,782)

Six Months Ended June 30, 2025

TTEC Engage

TTEC Digital

Total

Revenue

$

826,013

$

221,786

$

1,047,799

Cost of services (exclusive of depreciation and amortization presented separately below) (1)

669,177

144,643

813,820

Selling, general and administrative

94,948

45,743

140,691

Depreciation and amortization

32,630

12,956

45,586

Other segment items(2)

3,466

1,171

4,637

Income from operations

25,792

17,273

43,065

Interest income

7,797

Interest expense

(38,030)

Other income (expense), net

3,293

Income before income taxes

16,125

(1) Cost of services primarily includes employee related and technology costs.

(2) Other segment items include impairment losses and restructuring charges.

Three Months Ended 

Six Months Ended 

June 30,

June 30,

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

 

Capital Expenditures

TTEC Digital

$

2,783

 

$

1,554

 

$

5,141

 

$

3,660

TTEC Engage

 

9,857

 

5,627

 

13,899

 

8,927

Total

$

12,640

 

$

7,181

 

$

19,040

 

$

12,587

June 30, 2026

  ​ ​ ​

December 31, 2025

Total Assets

TTEC Digital

$

543,623

 

$

566,057

TTEC Engage

 

830,024

 

933,025

Total

$

1,373,647

 

$

1,499,082

The following table presents revenue based upon the geographic location where the services are provided (in thousands):

Three Months Ended June 30,

Six Months Ended June 30,

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

Revenue

United States / Canada

$

277,854

$

346,216

 

$

587,819

$

715,245

Philippines / Asia Pacific / India

 

92,696

 

92,350

 

194,556

 

183,604

Europe / Middle East / Africa

 

57,901

 

49,899

 

113,946

 

97,448

Latin America

 

27,044

 

25,106

 

55,349

 

51,502

Total

$

455,495

 

$

513,571

$

951,670

$

1,047,799