NASDAQ$TASK
TaskUs Inc. · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Reported a year-over-year organic revenue growth and acquisition of heloo.
TaskUs reported a strong first quarter with a 56.8% year-over-year organic revenue growth, reaching $239.7 million. The company's GAAP net income was $11.586 million, with a margin of 4.8%. Adjusted EBITDA stood at $54.131 million, representing a 22.6% margin. The company also provided full year 2022 revenue outlook between $980 million and $1,000 million.
- Total revenues reached $239.7 million, a 56.8% increase year-over-year.
- GAAP net income margin was 4.8%, including $19.6 million in non-cash stock-based compensation expense.
- Adjusted EBITDA margin was 22.6%, and non-GAAP adjusted net income margin was 14.6%.
- The company ended the quarter with 45,800 teammates, a net increase of approximately 5,700 from the previous quarter.
Headline financials
Revenue & EPS history
TaskUs · Revenue · Quarterly
$240M
Forward guidance
TaskUs expects revenue between $241.5 million and $243.5 million for the second quarter of 2022 and between $980 million and $1,000 million for the full year 2022. The adjusted EBITDA margin is expected to be 22.5% for the second quarter and approximately 23% for the full year.
Tailwinds
- Revenue (in millions) $241.5 to $243.5
- Revenue (in millions) $980 to $1,000
- Revenue growth (YoY) at midpoint 35%
- Revenue growth (YoY) at midpoint 30%
- Adjusted EBITDA Margin 22.5%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
+3.2%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+2.9%
Avg return
30 days after
65%
15 / 23 earnings
Positive
+29.1%
Q3 2022
Best reaction
-22.7%
Q2 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +4.5% | -8.3% | -10.3% | |
| Q4 2025 | +0.0% | +2.7% | -39.2% | |
| Q3 2025 | +4.6% | -5.3% | -1.0% | |
| Q1 2025 | +0.3% | -0.8% | -1.0% | |
| Q4 2024 | -7.6% | -13.4% | -12.4% | |
| Q3 2024 | +28.8% | -0.1% | +3.5% | |
| Q2 2024 | +2.3% | -11.3% | -19.5% | |
| Q1 2024 | +5.4% | +12.2% | +13.2% | |
| Q4 2023 | +5.7% | +4.0% | -7.6% | |
| Q3 2023 | +19.7% | +25.2% | +20.3% | |
| Q2 2023 | -17.1% | -13.6% | -21.9% | |
| Q1 2023 | +0.6% | -6.8% | +0.1% | |
| Q4 2022 | -17.0% | -11.9% | -29.5% | |
| Q3 2022 | +29.1% | +31.3% | +12.7% | |
| Q2 2022 | -22.7% | -29.4% | -27.7% | |
| Q1 2021 | -18.4% | -3.1% | -10.5% | |
| Q1 2022 | -22.5% | -12.1% | -10.1% | |
| Q4 2019 | +5.6% | -3.4% | +9.8% | |
| Q4 2021 | +19.7% | +10.3% | +39.9% | |
| Q3 2020 | -0.1% | -7.6% | -33.8% | |
| Q3 2021 | +4.5% | +4.4% | -30.8% | |
| Q4 2020 | +20.7% | +22.4% | +111.2% | |
| Q2 2021 | +27.1% | +29.1% | +112.4% |
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