CINTNYSEServices-Computer Programming ServicesUS GAAP · USD

CI&T Inc

CI&T Inc is a global software and digital services company headquartered in Campinas, Brazil and organized through a Cayman Islands parent with operating subsidiaries across multiple countries. It builds customizable software solutions for enterprises, spanning AI, data analytics, cloud migration, mobility, application modernization, and digital business services.

Revenue490m USD
+11.5 %y/y
Operating profit (EBIT)69.6m USD
+19.1 %y/y
EBIT margin14.2%
+0.9 ppy/y
Net income40.6m USD
+37.7 %y/y
Free cash flow45.8m USD
−21.6 %y/y

Fiscal year 2025 · change from previous year

Development 2022–2025

0100200300400500m USD2022: 424 m USD2022: EBIT 55 m USD20222023: 447 m USD2023: EBIT 59 m USD20232024: 439 m USD2024: EBIT 58 m USD20242025: 490 m USD2025: EBIT 70 m USD202549070
RevenueOperating profit (EBIT)

Business

Share of revenue
Custom software development35 %

Builds tailored software solutions and implements enterprise technology programs.

AI and data services25 %

Delivers machine learning, AI deployment, and data analytics engagements.

Cloud and modernization20 %

Supports cloud migration, application modernization, and platform transformation.

Digital experience and mobility10 %

Provides mobility, customer experience, and front-end digital solutions.

Strategy and consulting10 %

Advisory and business strategy services tied to technology delivery.

Customers

CI&T serves large enterprises and fast-growth clients that buy technology delivery, modernization, and AI implementation capability. Its customer base spans sectors such as financial services, technology and telecommunications, life sciences, retail, industrial goods, and consumer goods. Clients use CI&T to accelerate software delivery, modernize legacy platforms, and translate AI initiatives into production systems.

Large enterprises

Buy multi-service transformation, software engineering, and modernization programs.

Fast-growth companies

Buy scalable product engineering and digital execution support.

Financial services

Buy data, cloud, and customer-facing digital transformation services.

Technology and telecommunications

Buy AI, software, and platform engineering services.

Retail and consumer industries

Buy digital commerce, experience, and modernization projects.

Strategy

CI&T's strategy centers on AI deployment, enterprise software delivery, and proprietary tools that improve productivity and margin through faster execution. The company is emphasizing AI-native delivery, broader use of its CI&T FLOW system and Lean AI methodology, and expansion across large enterprise accounts and multiple verticals.

AI-native deliveryShort term

Positions the company around enterprise demand for practical AI implementation, not just advisory work.

Broader enterprise penetrationMedium term

Deepening relationships with large clients improves account stability and cross-sell opportunities.

Productivity-led delivery modelMedium term

Higher delivery efficiency helps the company scale revenue without proportional headcount growth.

Geography

CI&T operates globally from a Brazilian headquarters with subsidiaries and delivery capabilities across multiple countries. Management describes the business as spanning 11 to 12 countries, with growth reported across Latin America, North America, and New Markets. The company's multinational footprint matters because delivery capacity, client access, and currency exposure are all tied to where engineers and clients are located.

Risks

CI&T depends on enterprise IT spending, project timing, and successful execution of complex software programs, so demand can vary by vertical and client cohort. The company also faces geographic and currency exposure because it operates across multiple countries while reporting in U.S. dollars and using a Brazilian real functional currency. As an AI and services business, it must continue to prove that its proprietary tools and delivery model create durable differentiation rather than just incremental labor-based capacity.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Customer concentration1Project execution risk2Foreign exchange volatility3Competitive pressure4
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Customer concentrationImpact: HighLikelihood: High

    A meaningful share of revenue comes from a limited number of large enterprise clients.

    Exposure: Top 10 clients

  2. Project execution riskImpact: HighLikelihood: Medium

    Software implementation and AI deployment projects can slip, underperform, or require rework.

    Exposure: Enterprise delivery programs

  3. Foreign exchange volatilityImpact: MediumLikelihood: High

    The group operates internationally and reports in USD while the parent functional currency is BRL.

    ExposureBrazilNorth AmericaLatin America
  4. Competitive pressureImpact: MediumLikelihood: High

    AI and software services are crowded, so the company must sustain differentiation and pricing.

    ExposureAI servicesApplication modernization

Accounting

Judgemental items
Revenue recognition over time

Software implementation and services contracts likely require progress-based recognition.

Impact: Affects timing of revenue and margin recognition across quarters

Foreign currency translation

The parent functional currency is BRL while statements are presented in USD.

Impact: Moves reported revenue, costs, and equity translation reserves

Goodwill impairment

Deferred tax and goodwill balances indicate acquisition-related estimates and impairment sensitivity.

Impact: Could create non-cash charges if assumptions deteriorate

Share-based compensation

Equity-settled awards and exercises are part of the compensation structure.

Impact: Affects operating expenses and diluted EPS

Fair value measurement

Financial instruments are measured using observable inputs where available.

Impact: Can affect finance income, costs, and balance sheet values

Publicly listed companies with a comparable business focus.

Last updated: 28/09/2026

CI&T Inc (NYSE) – Services-Computer Programming Services | Financial Analysis – Clarifo