KPIT Technologies, a global leader in mobility engineering and software-defined vehicle technologies, today announced its financial results for the fourth quarter and full year ended FY26, highlighting resilient performance, strong strategic wins, and increasing traction in AI-led mobility transformation programs.
For FY26, the company reported revenues of USD 724.8 million, recording a 4.8% growth in dollar revenue and 1.3% constant currency growth. EBITDA margins for the year stood at 20.8%, reflecting a 9.4% increase over FY25 EBITDA performance. Revenue contribution from OEM customers grew by 9%, supported by rising demand across Connected Vehicle, After Sales, Virtual Engineering, and Propulsion domains.
During Q4 FY26, KPIT reported revenues of USD 185 million, delivering year-on-year growth of 12% and sequential growth of 5.8%. EBITDA margins for the quarter stood at 20.6%. Growth during the quarter was led by the Off-Highway segment and Connected Vehicle programs.
The company also secured total contract value (TCV) wins worth USD 349 million during the quarter, including two large strategic engagements. Products and Solutions contributed nearly 21% of the overall business pipeline, underlining KPIT’s continued transition toward domain-focused and AI-enabled offerings.
Among the major wins, KPIT signed a long-term strategic partnership exceeding USD 50 million with a global off-highway equipment and machinery leader to support large-scale software-defined transformation of next-generation machine platforms. The company also entered into strategic partnerships with a leading Japanese Tier 1 supplier focused on next-generation digital cockpit programs for multiple global OEMs.
Commenting on the company’s performance, Kishor Patil, Co-founder, CEO and Managing Director of KPIT, said the mobility industry experienced slower investment cycles during the past year due to trade and geopolitical uncertainties. However, he noted that demand for automotive software remains strong, supported by recent deal wins and rising adoption of AI-led engineering solutions. He added that KPIT’s Mobility Intelligence platform, Beacon, is receiving increasing interest from major OEMs and reflects the company’s focus on long-term value creation through AI-driven products and solutions.
Sachin Tikekar, President and Joint Managing Director, said OEMs are accelerating efforts to launch new products while managing cost pressures. He stated that KPIT is leveraging its deep industry relationships and AI-enabled solutions to help customers reduce time-to-market and improve engineering efficiency. He also highlighted growth opportunities emerging from the off-highway, truck, micromobility, and Southeast Asian markets.
KPIT Technologies is a leading global partner in the automotive and mobility sectors, helping to make software-defined vehicles a reality. Specializing in embedded software, AI, and digital solutions, KPIT supports the mobility industry in its transition to a clean, smart, and safe future. With a workforce of around 13,000 experts across the globe, KPIT accelerates the adoption of next-generation technologies in mobility. The company has engineering centers in Europe, the USA, Japan, China, Thailand, and India, collaborating with leaders in the automotive and mobility sectors to drive transformation.
