KPIT Technologies, a leading global provider of mobility solutions aimed at enabling a sustainable, intelligent, and secure future, has announced its financial results for the first quarter of FY26. The company reported total revenues of $178 million, reflecting a year-on-year growth of 7.8% and a modest sequential rise of 0.3%. In constant currency terms, KPIT achieved 4.9% growth compared to the same period last year, underlining consistent demand across key markets.
On the profitability front, KPIT maintained strong operating metrics. The EBITDA margin remained steady at 21.0%, while EBIT stood at a healthy 17%. Notably, this quarter marked KPIT’s 20th consecutive quarter of growth, demonstrating its resilience and consistent execution in a rapidly evolving mobility technology landscape.
The company also reported robust deal momentum, with a Total Contract Value (TCV) of $241 million from new business wins in Q1 FY26. This performance highlights KPIT’s strong positioning as a trusted partner to global OEMs and Tier 1 suppliers in their transition toward software-defined, electrified, and autonomous vehicles.
Kishor Patil, Co-founder, CEO, and MD of KPIT, shared “Q1 FY26 results are in line with our expectations, and despite global uncertainties, we have managed to maintain our EBITDA margins. The mobility sector is experiencing some volatility, driven by geopolitical tensions and tariff changes, but we anticipate stability in the coming quarter. We continue to evolve to solidify our leadership position globally by investing in solutions, platforms, and accelerators that help our clients get to market more efficiently and cost-effectively. We are also exploring significant opportunities within India-specific solutions, and we remain optimistic about growth in China. We expect continued momentum in the second half of the year, driven by our T25 clients.”
Sachin Tikekar, Co-founder and Joint MD of KPIT, added “KPIT is advancing rapidly in the development of AI-driven ‘Specialized Learning Models’ tailored to the mobility sector. Our AI-infused solutions are proving to be key differentiators, creating immense value for our strategic clients. Our tools, such as the Full Validation Suite, Reference Architecture, and Benchmarking, are already in action and offer strong potential for future growth. The KPIT AI framework continues to empower software developers to drive productivity, reflected in our stable margins and leaner operations. With a solid ecosystem of partners, our deal pipeline remains strong, laying the groundwork for a strong second half in FY26.”
KPIT Technologies is a global leader in the automotive and mobility space, advancing the reality of software-defined vehicles. As an independent software development and integration partner, KPIT is driving the future of clean, intelligent, and safe mobility. With a team of over 12,000 specialists in embedded software, AI, and digital solutions, KPIT helps accelerate its clients’ adoption of next-gen technologies.
The company operates engineering centers in Europe, the USA, Japan, China, Thailand, and India, working with industry leaders in automotive and mobility. KPIT is present in key regions where the mobility ecosystem is undergoing rapid transformation, helping shape the future of the industry.
