Amdocs Limited (DOX) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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DOX Revenue Growth
Revenue Breakdown (FY 2025)
DOX's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
DOX Revenue Analysis (2014–2025)
As of May 8, 2026, Amdocs Limited (DOX) generated trailing twelve-month (TTM) revenue of $4.58 billion, reflecting modest growth of +4.1% year-over-year. The most recent quarter (Q1 2026) recorded $1.16 billion in revenue, up 0.5% sequentially.
Looking at the longer-term picture, DOX's 5-year compound annual growth rate (CAGR) stands at +1.7%, indicating moderate growth over time. The company achieved its highest annual revenue of $5.00 billion in 2024.
Revenue diversification analysis shows DOX's business is primarily driven by Managed services arrangements (66%), and Others (34%). With over half of revenue concentrated in Managed services arrangements, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including CSGS (+3.0% YoY), CNXC (+2.2% YoY), and EPAM (+14.2% YoY), DOX has underperformed the peer group in terms of revenue growth. Compare DOX vs CSGS →
DOX Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| DOXCurrent | $4.6B | +4.1% | +1.7% | 18.2% | |
 CSGS | $1.2B | +3.0% | +4.3% | 24.5% | |
 CNXC | $9.8B | +2.2% | +15.8% | 6.2% | |
 EPAM | $5.5B | +14.2% | +15.5% | 9.6% | |
 CTSH | $21.1B | +6.5% | +4.9% | 16.7% | |
 WIT | $901.3B | +1.5% | +6.5% | 17.0% |
DOX Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $4.53B | -9.4% | $1.66B | 36.6% | $823.4M | 18.2% |
| 2024 | $5.00B | +2.4% | $1.76B | 35.1% | $628.6M | 12.6% |
| 2023 | $4.89B | +6.8% | $1.73B | 35.3% | $654.0M | 13.4% |
| 2022 | $4.58B | +6.7% | $1.62B | 35.4% | $664.8M | 14.5% |
| 2021 | $4.29B | +2.9% | $1.48B | 34.5% | $598.7M | 14.0% |
| 2020 | $4.17B | +2.0% | $1.41B | 33.9% | $594.8M | 14.3% |
| 2019 | $4.09B | +2.8% | $1.43B | 35.1% | $569.7M | 13.9% |
| 2018 | $3.97B | +2.8% | $1.38B | 34.7% | $428.3M | 10.8% |
| 2017 | $3.87B | +4.0% | $1.36B | 35.2% | $517.3M | 13.4% |
| 2016 | $3.72B | +2.1% | $1.31B | 35.2% | $483.1M | 13.0% |
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Start ComparisonDOX — Frequently Asked Questions
Quick answers to the most common questions about buying DOX stock.
Is DOX's revenue growth accelerating or slowing?
DOX revenue growth slowed to +4.1%, below the 5-year CAGR of +1.7%. TTM revenue is $4.6B. The deceleration marks a shift from historical growth rates.
What is DOX's long-term revenue growth rate?
Amdocs Limited's 5-year revenue CAGR of +1.7% reflects the variable expansion pattern. Current YoY growth of +4.1% is near this long-term average.
How is DOX's revenue distributed by segment?
DOX reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.