Form 8-K

8-K — TaskUs, Inc.

Accession: 0001829864-26-000110

Filed: 2026-05-06

Period: 2026-05-06

CIK: 0001829864

SIC: 7374 (SERVICES-COMPUTER PROCESSING & DATA PREPARATION)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — task-20260506.htm (Primary)

EX-99.1 (earningsreleaseex991q12026.htm)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: task-20260506.htm · Sequence: 1

task-20260506

FALSE000182986400018298642026-05-062026-05-06

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

__________________________

FORM 8-K

__________________________

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 6, 2026

__________________________

TaskUs, Inc.

(Exact name of registrant as specified in its charter)

__________________________

Delaware 001-40482 83-1586636

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

1650 Independence Drive, Suite 100

New Braunfels, Texas 78132

(Address of principal executive offices) (Zip Code)

(888) 400-8275

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

__________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading

Symbol(s)

Name of each exchange

on which registered

Class A Common Stock, par value $0.01 per share TASK The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☑

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On May 6, 2026, TaskUs, Inc. (the “Company”) issued a press release announcing earnings for the first quarter ended March 31, 2026. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated by reference herein.

The information furnished pursuant to this Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities under that section and shall not be deemed to be incorporated by reference into any filings under the Securities Act of 1933, as amended or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No. Description

99.1

Press release of TaskUs, Inc., dated May 6, 2026

104 Cover Page Interactive Data File (formatted as Inline XBRL)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

TASKUS, INC.

By: /s/ Trent Thrash

Name: Trent Thrash

Title: Interim Chief Financial Officer

Date: May 6, 2026

EX-99.1

Filename: earningsreleaseex991q12026.htm · Sequence: 2

Document

Exhibit 99.1

TaskUs Announces Fiscal First Quarter 2026 Results

NEW BRAUNFELS, Texas, May 6, 2026 — TaskUs, Inc. (Nasdaq: TASK), a leading provider of outsourced digital services and next-generation customer experience to the world’s most innovative companies, today announced its results for the first quarter ended March 31, 2026.

•Service revenue of $306.3 million, 10.3% year-over-year growth.

•Net income of $24.3 million, net income margin of 7.9%.

•Adjusted Net Income of $32.8 million, Adjusted Net Income margin of 10.7%.

•Diluted EPS of $0.26, Adjusted EPS of $0.35.

•Adjusted EBITDA of $58.6 million, Adjusted EBITDA margin of 19.1%.

•Net cash provided by operating activities of $46.3 million, Free Cash Flow of $36.1 million and 61.6% conversion of Adjusted EBITDA to Free Cash Flow. Adjusted Free Cash Flow of $42.2 million and 72.1% conversion of Adjusted EBITDA to Adjusted Free Cash Flow.

“We delivered a solid start to 2026, outperforming the top end of our first quarter guidance for both revenue and Adjusted EBITDA. We continue to see significant traction from our specialized offerings focused on AI Safety, AI model training and maintenance, and Robotics and Autonomous Vehicle support. For the sixth quarter in a row, AI Services revenue growth exceeded 30%,” said Co-Founder and CEO, Bryce Maddock. “Across the business, we are focused on delivering a unique combination of AI agents and human talent, optimized to solve our clients' complex operational challenges.”

First Quarter 2026 Financial and Frontline Highlights

($ in thousands, except per share amounts) Three months ended

March 31,

2026 2025 % Change

Service revenue $ 306,266 $ 277,792 10.3 %

Net income $ 24,332 $ 21,148 15.1 %

Net income margin 7.9 % 7.6 %

Adjusted Net Income $ 32,754 $ 35,938 (8.9) %

Adjusted Net Income margin 10.7 % 12.9 %

Diluted EPS $ 0.26 $ 0.23 13.0 %

Adjusted EPS $ 0.35 $ 0.38 (7.9) %

Adjusted EBITDA $ 58,560 $ 59,272 (1.2) %

Adjusted EBITDA margin 19.1 % 21.3 %

Net cash provided by operating activities $ 46,304 $ 36,276 27.6 %

Free Cash Flow $ 36,099 $ 21,796 65.6 %

Conversion of Adjusted EBITDA to Free Cash Flow 61.6 % 36.8 %

Adjusted Free Cash Flow $ 42,210 $ 22,438 88.1 %

Conversion of Adjusted EBITDA to Adjusted Free Cash Flow 72.1 % 37.9 %

•At 36.1% year-over-year growth, AI Services remained TaskUs’ fastest growing service line for the fifth quarter in a row.

•Digital Customer Experience and Trust & Safety each delivered approximately 5% growth compared to 2025.

•Non-Digital Customer Experience revenues now represent approximately 45% of TaskUs’ consolidated revenue.

•Strong cash generation and debt refinancing facilitated the return of over $330 million to shareholders via a $3.65 per share special dividend.

•Ended the first quarter with liquidity of $152.3 million in cash and $100.0 million of borrowing capacity under our revolving credit facility.

•Approximately 64,400 teammates at the end of the first quarter of 2026.

“In the first quarter of 2026, we generated revenue of $306.3 million, exceeding the high end of our revenue guidance by $8.3 million. Our team’s relentless focus on achieving best-in-class margins helped us deliver Adjusted EBITDA margins of 19.1%, also exceeding our guidance. These results are a testament to our operational execution, financial discipline and the strength of our specialized service offerings,” said Interim Chief Financial Officer, Trent Thrash. “Looking forward, we expect full-year revenue to range between $1.210 billion and $1.240 billion, with an Adjusted EBITDA margin of approximately 19.0%. We now expect increased Adjusted Free Cash Flow of approximately $105 million to $115 million for the year. Across the organization, TaskUs remains laser-focused on outpacing industry growth rates and profitability over a multi-year horizon as we aim to solidify our position of BPO leadership by capitalizing on our emerging growth initiatives and AI-enabled transformation.”

Second Quarter and Full Year 2026 Outlook

For the second quarter and full year 2026, TaskUs expects its financial results to include:

2026 Outlook

Second Quarter Full Year

Revenue (in millions)

$296.0 to $298.0

$1,210 to $1,240

Revenue growth (YoY) at midpoint

1.0% 3.5%

Adjusted EBITDA Margin1

~18.0%

~19.0%

Adjusted Free Cash Flow (in millions)2

N/A

$105 to $115

1.With respect to the non-GAAP Adjusted EBITDA margin outlook provided above, a reconciliation to the closest GAAP financial measure has not been provided as the quantification of certain items included in the calculation of GAAP net income (loss) cannot be calculated or predicted at this time without unreasonable efforts. For example, the non-GAAP adjustment for stock-based compensation expense requires additional inputs such as number of shares granted and market price that are not currently ascertainable, the non-GAAP adjustment for foreign currency gains or losses depends on the timing and magnitude of changes in foreign currency exchange rates and cannot be accurately forecasted. For the same reasons, the Company is unable to address the probable significance of the unavailable information, which could have a potentially unpredictable, and potentially significant, impact on its future GAAP financial results.

2.Adjusted Free Cash Flow is calculated as net cash provided by operating activities in the period minus cash used for purchase of property and equipment in the period, excluding certain non-recurring adjustments. At the midpoint of our guidance, net cash provided by operating activities for the full year 2026 is expected to be approximately $160 million and purchase of property and equipment is expected to be approximately $50 million. Our Adjusted Free Cash Flow guidance and expected net cash provided by operating activities excludes the impact of certain payments, including transaction costs and operational efficiency costs, due to the unpredictability of the costs and timing of payments.

Conference Call Information

TaskUs senior management will host a conference call today to discuss the Company’s first quarter 2026 financial results and financial outlook. This call is scheduled to begin at 5:00 pm ET. Analysts and investors who wish to participate in the call can register by visiting the following link: https://register-conf.media-server.com/register/BIc9eab3dbe4294479a046f9a72e6af3c5

To listen to a live audio webcast, please visit TaskUs’ Investor Relations website at IR.Taskus.com. The Company will also make a slide presentation and other materials available on its website. A replay of the audio webcast will be available on the Company’s Investor Relations website for 12 months following the call.

About TaskUs

TaskUs (Nasdaq: TASK) delivers outsourced digital services that power the companies shaping the future. By combining specialized human talent and intelligent technology, we solve complex operational challenges for global category leaders within AI, autonomous vehicles (AV), robotics, social media, financial services, healthcare, and beyond. We enable our clients to elevate their customer experience, protect their platforms, and grow their brands. For more information, visit www.taskus.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts, and further include, without limitation, statements reflecting our current views with respect to, among other things, our operations, our financial performance, our industry, the impact of the macroeconomic environment on our business, and other non-historical statements including the statements in the “Second Quarter and Full Year 2026 Outlook” section of this press release. In some cases, you can identify these forward-looking statements by the use of words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “would,” “seeks,” “predicts,” “intends,” “trends,” “plans,” “estimates,” “anticipates,” “position us” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors include but are not limited to: the dependence of our business on key clients; the risk of loss of business or non-payment from clients; our failure to cost-effectively acquire new clients; the risk that we may provide inadequate service or cause disruptions in our clients’ businesses or fail to comply with the quality standards required by our clients under our agreements; our inability to anticipate clients’ needs by adapting to market and technology trends; utilization of artificial intelligence by our clients or our failure to incorporate artificial intelligence into our operations; unauthorized or improper disclosure of personal or other sensitive information, or security breaches and incidents; negative publicity or liability or difficulty recruiting and retaining employees; our failure to detect and deter criminal or fraudulent activities or other misconduct by our employees or third parties; global economic and political conditions, especially in the social media and meal delivery and transport industries from which we generate significant revenue; our indebtedness and debt service obligations following the March 2026 refinancing; the dependence of our business on our international operations, particularly in the Philippines and India; our failure to comply with applicable data privacy and security laws and regulations; fluctuations against the U.S. dollar in the local currencies in the countries in which we operate; our inability to maintain and enhance our brand; competitive pricing pressure; volatile, unfavorable or uncertain economic or political conditions, particularly in the markets in which our clients and operations are concentrated, and the effects of these conditions on our clients’ businesses; our dependence on senior management and key employees; increases in employee expenses and changes to labor laws; failure to attract, hire, train and retain a sufficient number of skilled employees to support operations; our inability to effectively expand our operations into countries or industries in which we have no prior operating experience and in which we may be subject to increased business, economic and regulatory risks; reliance on owned and third-party technology and computer systems; failure to maintain asset utilization levels, price appropriately and control costs; the control of affiliates of Blackstone Inc. and our Co-Founders over us; the dual class structure of our common stock; and the volatility of the market price of our Class A common stock. Additional risks and uncertainties include but are not limited to those described under “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 filed with the Securities and Exchange Commission (the “SEC”) on March 5, 2026, as such factors may be updated from time to time in our filings with the SEC, which are accessible on the SEC’s website at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in the Company’s SEC filings. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made. TaskUs undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by law.

Non-GAAP Financial Measures

TaskUs supplements results reported in accordance with United States generally accepted accounting principles (“GAAP”), with non-GAAP financial measures, such as Adjusted Net Income, Adjusted Net Income Margin, Adjusted Earnings Per Share, EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin, Free Cash Flow, Adjusted Free Cash Flow, Conversion of Adjusted EBITDA to Free Cash Flow and Conversion of Adjusted EBITDA to Adjusted Free Cash Flow. Management believes these measures help illustrate underlying trends in TaskUs’ business and uses the measures to establish budgets and operational goals, communicate internally and externally, and manage TaskUs’ business and evaluate its performance. Management also believes that certain of these measures help investors compare TaskUs’ operating performance with its results in prior periods or assess liquidity. TaskUs anticipates that it will continue to report both GAAP and certain non-GAAP financial measures in its financial results, including non-GAAP results that exclude the impact of certain costs, losses and gains that are required to be included in our profit and loss measures under GAAP. Because TaskUs’ reported non-GAAP financial measures are not calculated in accordance with GAAP, these measures are not a substitute for the most directly comparable GAAP measure and may not be comparable to similarly titled measures used by other companies.

Consequently, TaskUs’ non-GAAP financial measures should not be evaluated in isolation or supplant comparable GAAP measures, but rather, should be considered together with the information in TaskUs’ consolidated financial statements, which are prepared in accordance with GAAP. Definitions of non-GAAP financial measures and the reconciliations to the most directly comparable measures in accordance with GAAP are provided in subsequent sections of this press release narrative and supplemental schedules.

Investor Contact

Trent Thrash

IR@taskus.com

Media Contact

Ramya Kumaraswamy

mediainquiries@taskus.com

TaskUs, Inc.

Condensed Consolidated Statements of Income (unaudited)

(in thousands, except per share data)

Three months ended March 31,

2026 2025

Service revenue $ 306,266 $ 277,792

Operating expenses:

Cost of services 197,790 171,181

Selling, general and administrative expense 58,284 57,424

Depreciation 11,029 10,003

Amortization of intangible assets 5,006 4,976

Gain on disposal of assets (51) (30)

Total operating expenses 272,058 243,554

Operating income 34,208 34,238

Other income, net (7,326) (173)

Financing expenses 5,268 4,663

Income before income taxes 36,266 29,748

Provision for income taxes 11,934 8,600

Net income $ 24,332 $ 21,148

Net income per common share:

Basic $ 0.27 $ 0.23

Diluted $ 0.26 $ 0.23

Weighted-average number of common shares outstanding:

Basic 90,792,750 90,040,348

Diluted 93,094,002 93,655,539

TaskUs, Inc.

Condensed Consolidated Balance Sheets (unaudited)

(in thousands)

March 31,

2026 December 31,

2025

Assets

Current assets:

Cash and cash equivalents $ 152,265 $ 211,676

Accounts receivable, net of allowance for credit losses of $836 and $911, respectively 245,734 254,053

Income tax receivable 537 524

Prepaid expenses and other current assets 50,541 42,994

Total current assets 449,077 509,247

Noncurrent assets:

Property and equipment, net 90,416 95,426

Operating lease right-of-use assets 53,384 53,167

Deferred tax assets 12,326 12,366

Intangibles 148,340 153,490

Goodwill 219,056 219,533

Other noncurrent assets 9,033 7,536

Total noncurrent assets 532,555 541,518

Total assets $ 981,632 $ 1,050,765

Liabilities and Shareholders’ Equity

Liabilities:

Current liabilities:

Accounts payable and accrued liabilities $ 42,262 $ 45,242

Accrued payroll and employee-related liabilities 64,057 64,549

Current portion of debt 17,037 21,559

Current portion of operating lease liabilities 19,808 19,284

Current portion of income tax payable 16,264 9,354

Deferred revenue 3,788 3,273

Total current liabilities 163,216 163,261

Noncurrent liabilities:

Income tax payable 10,332 9,752

Long-term debt 474,540 219,798

Operating lease liabilities 36,580 37,086

Accrued payroll and employee-related liabilities 8,177 6,575

Deferred tax liabilities 13,613 14,304

Other noncurrent liabilities 209 —

Total noncurrent liabilities 543,451 287,515

Total liabilities 706,667 450,776

Total shareholders’ equity 274,965 599,989

Total liabilities and shareholders’ equity $ 981,632 $ 1,050,765

TaskUs, Inc.

Condensed Consolidated Statement of Cash Flows (unaudited)

(in thousands)

Three months ended March 31,

2026 2025

Cash flows from operating activities:

Net income $ 24,332 $ 21,148

Adjustments to reconcile net income to net cash provided by operating activities:

Depreciation 11,055 10,003

Amortization of intangibles 5,006 4,976

Amortization of debt financing fees 509 149

Gain on disposal of assets (51) (30)

Provision for credit losses 111 283

Deferred taxes (118) 74

Stock-based compensation expense 6,571 8,749

Changes in operating assets and liabilities:

Accounts receivable 7,857 (6,657)

Prepaid expenses and other current assets (7,713) (5,489)

Operating lease right-of-use assets 5,619 4,668

Other noncurrent assets (62) (1,613)

Accounts payable and accrued liabilities (4,242) 1,380

Accrued payroll and employee-related liabilities (5,111) (3,695)

Operating lease liabilities (5,771) (4,020)

Income tax payable 7,580 6,659

Deferred revenue 520 (228)

Other noncurrent liabilities 212 (81)

Net cash provided by operating activities 46,304 36,276

Cash flows from investing activities:

Purchase of property and equipment (10,205) (14,480)

Net cash used in investing activities (10,205) (14,480)

Cash flows from financing activities:

Proceeds from long-term debt 500,000 —

Payments on long-term debt (241,988) (3,375)

Payments for debt financing fees (9,015) —

Proceeds from employee stock plans 78 218

Payments for taxes related to net share settlement (5,096) (5,114)

Payments for stock repurchases — (9,684)

Distribution of dividends (332,788) —

Net cash used in financing activities (88,809) (17,955)

Increase (decrease) in cash and cash equivalents (52,710) 3,841

Effect of exchange rate changes on cash (6,701) 845

Cash and cash equivalents at beginning of period 211,676 192,166

Cash and cash equivalents at end of period $ 152,265 $ 196,852

TaskUs, Inc.

Non-GAAP Reconciliations

Adjusted EBITDA (unaudited)

(in thousands, except margin amounts)

Three months ended March 31,

2026 2025

Net income $ 24,332 $ 21,148

Provision for income taxes 11,934 8,600

Financing expenses 5,268 4,663

Depreciation 11,029 10,003

Amortization of intangible assets 5,006 4,976

EBITDA $ 57,569 $ 49,390

Transaction costs(1)

1,146 —

Operational efficiency costs(2)

— 303

Foreign currency losses (gains)(3)

(5,603) 1,310

Gain on disposal of assets (51) (30)

Severance costs(4)

72 679

Stock-based compensation expense(5)

6,923 9,218

Interest income(6)

(1,496) (1,598)

Adjusted EBITDA $ 58,560 $ 59,272

Net Income Margin(7)

7.9 % 7.6 %

Adjusted EBITDA Margin(7)

19.1 % 21.3 %

(1) Represents non-recurring professional fees related to the Refinancing and Special Dividend.

(2) Represents professional service fees related to certain efforts to enhance efficiency of client delivery and operations support.

(3) Realized and unrealized foreign currency losses and gains include the effect of fair market value changes of forward contracts not designated as hedging instruments and remeasurement of U.S. dollar-denominated accounts to foreign currency.

(4) Represents severance payments as a result of certain cost optimization measures we undertook during the period to restructure support roles.

(5) Represents stock-based compensation expense, as well as associated payroll tax.

(6) Represents interest earned on short-term savings, time-deposits and money market funds.

(7) Net Income Margin represents net income divided by service revenue and Adjusted EBITDA Margin represents Adjusted EBITDA divided by service revenue.

TaskUs, Inc.

Non-GAAP Reconciliations

Adjusted Net Income (unaudited)

(in thousands, except margin amounts)

Three months ended March 31,

2026 2025

Net income $ 24,332 $ 21,148

Amortization of intangible assets

5,006 4,976

Transaction costs(1)

1,146 —

Operational efficiency costs(2)

— 303

Foreign currency losses (gains)(3)

(5,603) 1,310

Gain on disposal of assets (51) (30)

Severance costs(4)

72 679

Stock-based compensation expense(5)

6,923 9,218

Tax impacts of adjustments(6)

929 (1,666)

Adjusted Net Income

$ 32,754 $ 35,938

Net Income Margin(7)

7.9 % 7.6 %

Adjusted Net Income Margin(7)

10.7 % 12.9 %

(1) Represents non-recurring professional fees related to the Refinancing and Special Dividend.

(2) Represents professional service fees related to certain efforts to enhance efficiency of client delivery and operations support.

(4) Represents severance payments as a result of certain cost optimization measures we undertook during the period to restructure support roles.

(5) Represents stock-based compensation expense, as well as associated payroll tax.

(6) Represents tax impacts of adjustments to net income which resulted in a tax benefit during the period, including stock-based compensation expense, transaction costs, operational efficiency costs and severance. After these adjustments, we applied a non-GAAP effective tax rate of 24.8% and 25.7% for the three months ended March 31, 2026 and 2025.

(7) Net Income Margin represents net income divided by service revenue and Adjusted Net Income Margin represents Adjusted Net Income divided by service revenue.

TaskUs, Inc.

Non-GAAP Reconciliations

Adjusted EPS (unaudited)

Three months ended March 31,

2026 2025

GAAP diluted EPS $ 0.26 $ 0.23

Per share adjustments to net income(1)

0.09 0.15

Adjusted EPS $ 0.35 $ 0.38

Weighted-average common shares outstanding – diluted 93,094,002 93,655,539

(1) Reflects the aggregate adjustments made to reconcile net income to Adjusted Net Income, as noted in the above table, divided by the GAAP diluted weighted-average number of shares outstanding for the relevant period.

TaskUs, Inc.

Non-GAAP Reconciliations

Free Cash Flow (unaudited)

(in thousands, except percentages)

Three months ended March 31,

2026 2025

Net cash provided by operating activities $ 46,304 $ 36,276

Purchase of property and equipment (10,205) (14,480)

Free Cash Flow $ 36,099 $ 21,796

Payment for transaction costs 5,974 —

Payment for litigation costs — 642

Payment for operational efficiency costs 137 —

Adjusted Free Cash Flow $ 42,210 $ 22,438

Conversion of Adjusted EBITDA to Free Cash Flow(1)

61.6 % 36.8 %

Conversion of Adjusted EBITDA to Adjusted Free Cash Flow(1)

72.1 % 37.9 %

(1) Conversion of Adjusted EBITDA to Free Cash Flow represents Free Cash Flow divided by Adjusted EBITDA Conversion of Adjusted EBITDA to Adjusted Free Cash Flow represents Adjusted Free Cash Flow divided by Adjusted EBITDA.

Definitions of Non-GAAP Metrics

EBITDA and Adjusted EBITDA and Adjusted EBITDA Margin

EBITDA is a non-GAAP profitability measure that represents net income or loss for the period before the impact of the benefit from or provision for income taxes, financing expenses, depreciation, and amortization of intangible assets. EBITDA eliminates potential differences in performance caused by variations in capital structures (affecting financing expenses), tax positions (such as the availability of net operating losses against which to relieve taxable profits), the cost and age of tangible assets (affecting relative depreciation expense) and the extent to which intangible assets are identifiable (affecting relative amortization expense).

Adjusted EBITDA is a non-GAAP profitability measure that represents EBITDA before certain items that are considered to hinder comparison of the performance of our business on a period-over-period basis or with other businesses. During the periods presented, we excluded from Adjusted EBITDA transaction costs, operational efficiency costs, the effect of foreign currency gains and losses, gains and losses on disposals of assets, certain severance costs, stock-based compensation expense and associated employer payroll tax and interest income, which include costs that are required to be expensed in accordance with GAAP. Our management believes that the inclusion of supplementary adjustments to EBITDA applied in presenting Adjusted EBITDA are appropriate to provide additional information to investors about certain material non-cash items and about unusual items that we do not expect to continue at the same level in the future.

Adjusted EBITDA Margin represents Adjusted EBITDA divided by service revenue.

Adjusted Net Income and Margin

Adjusted Net Income is a non-GAAP profitability measure that represents net income or loss for the period before the impact of amortization of intangible assets and certain items that are considered to hinder comparison of the performance of our businesses on a period-over-period basis or with other businesses. During the periods presented, we excluded from Adjusted Net Income amortization of intangible assets, transaction costs, operational efficiency costs, the effect of foreign currency gains and losses, gains and losses on disposals of assets, certain severance costs, stock-based compensation expense and associated employer payroll tax and the related effect on income taxes of certain pre-tax adjustments, which include costs that are required to be expensed in accordance with GAAP. Our management believes that the inclusion of supplementary adjustments to net income applied in presenting Adjusted Net Income are appropriate to provide additional information to investors about certain material non-cash items and about unusual items that we do not expect to continue at the same level in the future.

Adjusted Net Income Margin represents Adjusted Net Income divided by service revenue.

Adjusted EPS

Adjusted EPS is a non-GAAP profitability measure that represents earnings available to shareholders excluding the impact of certain items that are considered to hinder comparison of the performance of our business on a period-over-period basis or with other businesses. Adjusted EPS is calculated as Adjusted Net Income divided by our diluted weighted-average number of shares outstanding. Our management believes that the inclusion of supplementary adjustments to earnings per share applied in presenting Adjusted EPS are appropriate to provide additional information to investors about certain material non-cash items and about unusual items that we do not expect to continue at the same level in the future.

Free Cash Flow, Adjusted Free Cash Flow, Conversion of Adjusted EBITDA to Free Cash Flow and Conversion of Adjusted EBITDA to Adjusted Free Cash Flow

Free Cash Flow is a non-GAAP liquidity measure that represents our ability to generate additional cash from our business operations. Free Cash Flow is calculated as net cash provided by operating activities in the period minus cash used for purchase of property and equipment in the period. Our management believes that the inclusion of this non-GAAP measure, when considered with our GAAP results, provides management and investors with an additional understanding of our ability to generate additional cash for ongoing business operations and other capital deployment.

Adjusted Free Cash Flow is a non-GAAP liquidity measure that represents Free Cash Flow before the payments for transaction costs, operational efficiency costs and certain litigation costs that are considered non-recurring and outside of the ordinary course of business, which would hinder comparison of the performance of our business on a period-over-period basis or with other businesses. Our management believes that the inclusion of these supplementary adjustments to Free Cash Flow are appropriate to provide additional information to investors about these unusual items that we do not expect to continue at the same level in the future.

Conversion of Adjusted EBITDA to Free Cash Flow represents Free Cash Flow divided by Adjusted EBITDA. Conversion of Adjusted EBITDA to Adjusted Free Cash Flow represents Adjusted Free Cash Flow divided by Adjusted EBITDA.

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 7

v3.26.1

Cover Page

May 06, 2026

Cover [Abstract]

Document Type

8-K

Document Period End Date

May 06, 2026

Entity Registrant Name

TaskUs, Inc.

Entity Incorporation, State or Country Code

Entity File Number

001-40482

Entity Tax Identification Number

83-1586636

Entity Address, Address Line One

1650 Independence Drive

Entity Address, Address Line Two

Suite 100

Entity Address, City or Town

New Braunfels

Entity Address, State or Province

Entity Address, Postal Zip Code

78132

City Area Code

888

Local Phone Number

400-8275

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Class A Common Stock, par value $0.01 per share

Trading Symbol

TASK

Security Exchange Name

NASDAQ

Entity Emerging Growth Company

true

Entity Ex Transition Period

false

Amendment Flag

false

Entity Central Index Key

0001829864

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

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Data Type:

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Balance Type:

Period Type:

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- Definition

Area code of city

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No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

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- Definition

Cover page.

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No definition available.

+ Details

Name:

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Data Type:

xbrli:stringItemType

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- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

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- Definition

Address Line 2 such as Street or Suite number

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No definition available.

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Name:

dei_EntityAddressAddressLine2

Namespace Prefix:

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Data Type:

xbrli:normalizedStringItemType

Balance Type:

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- Definition

Name of the City or Town

+ References

No definition available.

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Name:

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Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 7A

-Section B

-Subsection 2

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Name:

dei_EntityExTransitionPeriod

Namespace Prefix:

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Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

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Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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Name:

dei_EntityRegistrantName

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Data Type:

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Balance Type:

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- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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Name:

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Namespace Prefix:

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Data Type:

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Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

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Name:

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Namespace Prefix:

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Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

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Name:

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Namespace Prefix:

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Data Type:

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Balance Type:

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- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

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- Definition

Name of the Exchange on which a security is registered.

+ References

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-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

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Name:

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Namespace Prefix:

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Data Type:

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Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

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Name:

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Namespace Prefix:

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Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

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Namespace Prefix:

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Data Type:

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Balance Type:

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

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