What is Conduent Incorporated's earnings per share (EPS)?

Conduent Incorporated (CNDT) reported diluted earnings per share of -$1.14 for fiscal year 2025. This represents a -151.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Conduent Incorporated (CNDT) Financials

CNDT

Trailing 12 months to June 30, 2026

Revenue $2.9B -0.6% YoY

Net Income -$228.0M -1240.0% YoY

EPS (Diluted) -$1.53 -1192.9% YoY

Free Cash Flow -$49.0M +47.3% YoY

Market Cap $251.9M as of Oct 6, 2026

Price / Sales 0.1x on $2.9B revenue, trailing 12 months to June 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026

Price / Book 0.5x on $526.0M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 6, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 10, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 10, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CNDT SEC filings page.

Conduent Incorporated (CNDT) reported $2.9B in revenue over the twelve months to Jun 30, 2026, down 0.6% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 12 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CNDT FY2025 2026-10-04

Conduent's 2024 profit did not convert to cash, while falling revenue and renewed losses point to a still-unsettled operating model.

The FY2024 earnings reversal was not matched by cash generation: net income reached $426M while operating cash flow was -$50M. In FY2025, both measures turned negative—net loss of $170M and operating cash flow of -$73M—so the prior year's profit was a poor guide to recurring cash economics.

Revenue contracted 26.5% from FY2021 to FY2025, while gross margin also narrowed; the business is producing less top-line volume without preserving its prior economics. SG&A fell from $544M in FY2021 to $412M in FY2025, but that reduction did not prevent the margin squeeze.

Debt-to-equity declined from 2.0x in FY2023 to 1.0x in FY2025, indicating a materially lighter leverage position. Reported liquidity equaled 38.3 months of the latest annual operating outflow, yet FY2025 operating cash flow was -$73M, separating balance-sheet capacity from current cash conversion.

Financial Health Signals

Financial Health Score 21/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Conduent Incorporated's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Not available for Conduent Incorporated, and counted as zero in the overall score.

Growth

Conduent Incorporated's revenue declined 9.4% year-over-year, from $3.4B to $3.0B. This contraction results in a growth score of 10/100.

Leverage

Conduent Incorporated has a moderate D/E ratio of 0.97. This balance of debt and equity financing earns a leverage score of 48/100.

Liquidity

Conduent Incorporated's current ratio of 1.65 indicates adequate short-term liquidity, earning a score of 48/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Conduent Incorporated's operations used $73.0M of cash, and capex of $59.0M added to the outflow, for a free cash flow shortfall of $132.0M. This results in a cash flow score of 20/100.

Returns

Not available for Conduent Incorporated, and counted as zero in the overall score.

Piotroski F-Score Weak

2/9

Conduent Incorporated passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality No Cash Backing

N/A

Conduent Incorporated reported a net loss of $170.0M while operations used $73.0M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Key Financial Metrics

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Earnings & Revenue

Revenue

$531.0M

YoY-11.9%

QoQ-26.6%

5Y CAGR-12.3%

10Y CAGR-10.5%

Conduent Incorporated generated $531.0M in revenue in Q2 2026. This represents a decrease of 11.9% from the same quarter a year earlier. Against the prior quarter it is down 26.6%.

Net Income

-$116.0M

YoY-190.0%

QoQ-251.5%

Conduent Incorporated reported -$116.0M in net income in Q2 2026. This represents a decrease of 190.0% from the same quarter a year earlier. Against the prior quarter it is down 251.5%.

EPS (Diluted)

-$0.76

YoY-192.3%

QoQ-230.4%

Conduent Incorporated earned -$0.76 per diluted share (EPS) in Q2 2026. This represents a decrease of 192.3% from the same quarter a year earlier. Against the prior quarter it is down 230.4%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow

-$2.0M

YoY+93.3%

QoQ+88.2%

Conduent Incorporated recorded an outflow of $2.0M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents an increase of 93.3% from the same quarter a year earlier. Against the prior quarter it is up 88.2%.

Cash & Debt

$228.0M

YoY-17.1%

QoQ0.0%

5Y CAGR-10.5%

10Y CAGR+3.6%

Conduent Incorporated held $228.0M in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding

156M

YoY-1.6%

QoQ+0.3%

5Y CAGR-6.1%

Conduent Incorporated had 156M shares outstanding in Q2 2026. This represents a decrease of 1.6% from the same quarter a year earlier. Against the prior quarter it is up 0.3%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

18.1%

YoY-0.8pp

QoQ-0.7pp

5Y change-6.7pp

Conduent Incorporated's gross margin was 18.1% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 0.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.7 percentage points.

Net Margin

-21.9%

YoY-15.2pp

QoQ-17.3pp

5Y change-23.0pp

10Y change-21.2pp

Conduent Incorporated's net profit margin was -21.9% in Q2 2026, showing the share of revenue converted to profit. This is down 15.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 17.3 percentage points.

Return on Equity

-22.1%

YoY-16.9pp

QoQ-16.9pp

5Y change-23.1pp

Conduent Incorporated's ROE was -22.1% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 16.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 16.9 percentage points.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

R&D Spending

YoY-100.0%

QoQ-100.0%

Conduent Incorporated reported no research and development spending in Q2 2026. This represents a decrease of 100.0% from the same quarter a year earlier. Against the prior quarter it is down 100.0%.

Capital Expenditures

$9.0M

YoY-40.0%

QoQ0.0%

5Y CAGR-18.5%

10Y CAGR-9.7%

Conduent Incorporated invested $9.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 40.0% from the same quarter a year earlier. It is unchanged from the prior quarter.

Share Buybacks

Not reported for Q2 2026.

CNDT Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CNDT quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K
Revenue	$2.9B	$3.0B-9.4%	$3.4B-9.8%	$3.7B-3.5%	$3.9B-6.8%	$4.1B-0.6%	$4.2B-6.8%	$4.5B-17.2%	$5.4B-10.4%	$6.0B-6.0%	$6.4B-3.8%	$6.7B-4.0%	$6.9B
Cost of Revenue	$2.4B	$2.5B-8.8%	$2.7B-5.5%	$2.9B-4.3%	$3.0B-3.8%	$3.1B-2.2%	$3.2B-8.2%	$3.5B-16.5%	$4.2B-11.6%	$4.7B-8.6%	$5.2B	N/A	N/A
Gross Profit	$537.0M	$552.0M-11.8%	$626.0M-24.9%	$834.0M-0.7%	$840.0M-16.2%	$1.0B+5.0%	$954.0M-2.0%	$973.0M-19.7%	$1.2B+15.9%	$1.0B+14.8%	$910.0M+32.8%	$685.0M	N/A
R&D Expenses	$3.0M	$4.0M-33.3%	$6.0M-14.3%	$7.0M0.0%	$7.0M+75.0%	$4.0M+300.0%	$1.0M-87.5%	$8.0M-27.3%	$11.0M-8.3%	$12.0M-61.3%	$31.0M-40.4%	$52.0M+13.0%	$46.0M
SG&A Expenses	$373.0M	$412.0M-9.5%	$455.0M-0.7%	$458.0M+4.1%	$440.0M-19.1%	$544.0M+16.2%	$468.0M-2.3%	$479.0M-14.5%	$560.0M-8.3%	$611.0M-10.0%	$679.0M-2.9%	$699.0M+6.1%	$659.0M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$104.0M+40.5%	$74.0M
EBITDA	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$704.0M-18.2%	$861.0M
Interest Expense	$49.0M	$48.0M-36.0%	$75.0M-32.4%	$111.0M+32.1%	$84.0M+52.7%	$55.0M-8.3%	$60.0M-23.1%	$78.0M-30.4%	$112.0M-18.2%	$137.0M+242.5%	$40.0M+400.0%	$8.0M-27.3%	$11.0M
Income Tax	$34.0M	$10.0M-87.2%	$78.0M+316.7%	-$36.0M-165.5%	$55.0M+1733.3%	$3.0M+114.3%	-$21.0M+87.8%	-$172.0M-919.0%	$21.0M+110.9%	-$193.0M+20.9%	-$244.0M-2.5%	-$238.0M-891.7%	-$24.0M
Net Income	-$228.0M	-$170.0M-139.9%	$426.0M+243.9%	-$296.0M-62.6%	-$182.0M-550.0%	-$28.0M+76.3%	-$118.0M+93.9%	-$1.9B-364.9%	-$416.0M-329.8%	$181.0M+118.4%	-$983.0M-137.4%	-$414.0M-411.1%	-$81.0M
EPS (Basic)	N/A	-$1.14-150.0%	$2.28+261.7%	-$1.41-58.4%	-$0.89-394.4%	-$0.18+70.5%	-$0.61+93.4%	-$9.29-351.0%	-$2.06-345.2%	$0.84+117.3%	-$4.85-137.7%	-$2.04-410.0%	-$0.40
EPS (Diluted)	-$1.53	-$1.14-151.1%	$2.23+258.2%	-$1.41-58.4%	-$0.89-394.4%	-$0.18+70.5%	-$0.61+93.4%	-$9.29-351.0%	-$2.06-348.2%	$0.83+117.1%	-$4.85-137.7%	-$2.04-410.0%	-$0.40
Diluted Shares (Avg)	N/A	158M-17.1%	191M-11.8%	217M+0.4%	216M	N/A	N/A	209M+1.6%	206M-0.4%	207M+1.9%	203M0.0%	203M	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$531.0M-11.9%	$723.0M-3.7%	$921.0M+15.1%	$767.0M-5.0%	$603.0M-27.2%	$751.0M-18.5%	$800.0M-16.1%	$807.0M-13.4%
Cost of Revenue	$435.0M-11.0%	$587.0M-5.0%	$752.0M+13.6%	$631.0M-3.8%	$489.0M-27.8%	$618.0M-15.9%	$662.0M-10.5%	$656.0M-9.4%
Gross Profit	$96.0M-15.8%	$136.0M+2.3%	$169.0M+22.5%	$136.0M-9.9%	$114.0M-24.5%	$133.0M-28.5%	$138.0M-35.2%	$151.0M-27.4%
R&D Expenses	$0-100.0%	$1.0M0.0%	$1.0M-50.0%	$1.0M0.0%	$1.0M0.0%	$1.0M-50.0%	$2.0M0.0%	$1.0M-50.0%
SG&A Expenses	$80.0M-11.1%	$91.0M-24.2%	$106.0M-2.8%	$96.0M-16.5%	$90.0M-21.7%	$120.0M+3.4%	$109.0M-4.4%	$115.0M0.0%
Interest Expense	$13.0M+8.3%	$12.0M0.0%	$12.0M-7.7%	$12.0M-25.0%	$12.0M-36.8%	$12.0M-55.6%	$13.0M-55.2%	$16.0M-42.9%
Income Tax	$12.0M+1300.0%	$6.0M+220.0%	$8.0M+111.4%	$8.0M-77.8%	-$1.0M-101.2%	-$5.0M-117.9%	-$70.0M-600.0%	$36.0M+250.0%
Net Income	-$116.0M-190.0%	-$33.0M+35.3%	-$33.0M-175.0%	-$46.0M-137.4%	-$40.0M-118.5%	-$51.0M-151.5%	-$12.0M-300.0%	$123.0M+142.6%
EPS (Basic)	-$0.76-192.3%	-$0.23+30.3%	-$0.24	-$0.30-140.0%	-$0.26-123.6%	-$0.33-171.7%	$0.00-100.0%	$0.75+156.0%
EPS (Diluted)	-$0.76-192.3%	-$0.23+30.3%	-$0.24-2500.0%	-$0.30-141.7%	-$0.26-124.3%	-$0.33-171.7%	$0.010.0%	$0.72+153.7%
Diluted Shares (Avg)	155M-3.6%	155M-4.3%	N/A	157M-8.3%	161M-20.2%	162M-25.0%	N/A	171M-21.3%

Not reported in any period shown, so not listed: Operating Income, EBITDA.

CNDT Balance Sheet

CNDT quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K
Total Assets	$2.4B-7.8%	$2.6B-17.8%	$3.2B-11.5%	$3.6B-11.5%	$4.0B-5.2%	$4.3B-5.7%	$4.5B-32.4%	$6.7B-11.5%	$7.5B-2.1%	$7.7B-14.9%	$9.1B	N/A
Current Assets	$1.2B-3.8%	$1.3B-24.4%	$1.7B+1.8%	$1.6B-3.3%	$1.7B+6.5%	$1.6B-0.6%	$1.6B-19.2%	$2.0B-27.5%	$2.7B+41.4%	$1.9B+2.3%	$1.9B	N/A
Cash & Equivalents	$233.0M-36.3%	$366.0M-26.5%	$498.0M-14.4%	$582.0M+40.2%	$415.0M-7.8%	$450.0M-9.3%	$496.0M-34.4%	$756.0M+14.9%	$658.0M+68.7%	$390.0M+178.6%	$140.0M-11.9%	$159.0M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$41.0M0.0%	$41.0M	N/A
Accounts Receivable	$341.0M-30.8%	$493.0M-11.8%	$559.0M-11.3%	$630.0M-9.9%	$699.0M+4.3%	$670.0M+2.8%	$652.0M-16.6%	$782.0M-29.8%	$1.1B-13.4%	$1.3B+3.2%	$1.2B	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$617.0M+1.3%	$609.0M-6.5%	$651.0M-31.8%	$955.0M-28.7%	$1.3B-12.4%	$1.5B+1.7%	$1.5B-55.9%	$3.4B+1.2%	$3.4B-13.4%	$3.9B-20.2%	$4.9B+1.8%	$4.8B
Total Liabilities	$1.6B-2.7%	$1.6B-32.4%	$2.4B-5.0%	$2.5B-9.1%	$2.8B-5.5%	$2.9B-4.8%	$3.1B-7.4%	$3.3B-14.5%	$3.9B-9.4%	$4.3B+9.8%	$3.9B	N/A
Current Liabilities	$728.0M-2.2%	$744.0M-14.3%	$868.0M-6.0%	$923.0M-10.0%	$1.0B-6.1%	$1.1B-7.2%	$1.2B-1.7%	$1.2B-12.5%	$1.4B-2.4%	$1.4B-48.9%	$2.7B	N/A
Non-Current Liabilities	$842.0M-3.2%	$870.0M-42.7%	$1.5B-4.4%	$1.6B-8.5%	$1.7B-5.2%	$1.8B-3.3%	$1.9B-10.6%	$2.1B-15.5%	$2.5B-12.8%	$2.9B+149.1%	$1.2B	N/A
Long-Term Debt	$665.0M+8.1%	$615.0M-50.7%	$1.2B-2.3%	$1.3B-7.7%	$1.4B-2.6%	$1.4B-3.0%	$1.5B-3.2%	$1.5B-23.6%	$2.0B+3.5%	$1.9B+5070.3%	$37.0M	N/A
Total Equity	$685.0M-18.4%	$839.0M+33.4%	$629.0M-31.4%	$917.0M-19.0%	$1.1B-4.9%	$1.2B-8.5%	$1.3B-59.7%	$3.2B-8.7%	$3.5B+7.3%	$3.3B-36.3%	$5.2B	N/A
Retained Earnings	-$2.6B-7.4%	-$2.4B+14.6%	-$2.8B-12.0%	-$2.5B-8.2%	-$2.4B-1.6%	-$2.3B-5.9%	-$2.2B-837.8%	-$233.0M-236.3%	$171.0M	$0	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$2.2B-9.8%	$2.4B-5.5%	$2.4B-7.8%	$2.5B-12.0%	$2.5B-10.5%	$2.5B-17.2%	$2.6B-17.8%	$2.8B-9.7%
Current Assets	$1.1B-4.4%	$1.1B-8.2%	$1.2B-3.8%	$1.2B-20.1%	$1.1B-15.2%	$1.2B-25.4%	$1.3B-24.4%	$1.4B-5.9%
Cash & Equivalents	$228.0M-17.1%	$228.0M-17.7%	$233.0M-36.3%	$248.0M-36.9%	$275.0M-8.3%	$277.0M-33.3%	$366.0M-26.5%	$393.0M-12.9%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$337.0M-26.4%	$499.0M+4.0%	$341.0M-30.8%	$488.0M-7.6%	$458.0M-11.6%	$480.0M-20.0%	$493.0M-11.8%	$528.0M-13.7%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$614.0M-0.5%	$614.0M+0.7%	$617.0M+1.3%	$616.0M-4.0%	$617.0M-3.1%	$610.0M-5.1%	$609.0M-6.5%	$642.0M-3.9%
Total Liabilities	$1.6B+0.5%	$1.6B+1.5%	$1.6B-2.7%	$1.6B-9.7%	$1.6B-16.7%	$1.6B-28.3%	$1.6B-32.4%	$1.8B-23.7%
Current Liabilities	$707.0M+1.4%	$685.0M-5.3%	$728.0M-2.2%	$702.0M-15.1%	$697.0M-14.9%	$723.0M-14.8%	$744.0M-14.3%	$827.0M+2.7%
Non-Current Liabilities	$870.0M-0.2%	$925.0M+7.2%	$842.0M-3.2%	$939.0M-5.2%	$872.0M-18.0%	$863.0M-36.6%	$870.0M-42.7%	$991.0M-37.2%
Long-Term Debt	N/A	N/A	$665.0M+8.1%	N/A	N/A	N/A	$615.0M-50.7%	N/A
Total Equity	$526.0M-32.3%	$641.0M-19.9%	$685.0M-18.4%	$717.0M-18.2%	$777.0M+3.5%	$800.0M+14.1%	$839.0M+33.4%	$877.0M+42.1%
Retained Earnings	-$2.8B-9.4%	-$2.6B-6.5%	-$2.6B-7.4%	-$2.6B-6.6%	-$2.5B+0.4%	-$2.5B+9.7%	-$2.4B+14.6%	-$2.4B+15.2%

Not reported in any period shown, so not listed: Inventory.

CNDT Cash Flow Statement

CNDT quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K
Operating Cash Flow	-$1.0M	-$73.0M-46.0%	-$50.0M-156.2%	$89.0M-38.2%	$144.0M-40.7%	$243.0M+50.9%	$161.0M+22.0%	$132.0M-53.4%	$283.0M-5.7%	$300.0M+215.8%	$95.0M-80.7%	$493.0M-25.9%	$665.0M
Depreciation & Amortization	N/A	$194.0M-4.9%	$204.0M-22.7%	$264.0M+14.8%	$230.0M-34.7%	$352.0M-23.3%	$459.0M0.0%	$459.0M-0.2%	$460.0M-7.1%	$495.0M-19.0%	$611.0M+1.8%	$600.0M-23.8%	$787.0M
Stock-Based Compensation	N/A	$19.0M0.0%	$19.0M0.0%	$19.0M-9.5%	$21.0M0.0%	$21.0M+5.0%	$20.0M-16.7%	$24.0M-36.8%	$38.0M-5.0%	$40.0M+73.9%	$23.0M+21.1%	$19.0M-32.1%	$28.0M
Capital Expenditures	$48.0M	$59.0M+110.7%	$28.0M-45.1%	$51.0M-44.6%	$92.0M+15.0%	$80.0M+5.3%	$76.0M-48.6%	$148.0M-17.3%	$179.0M+86.5%	$96.0M-35.6%	$149.0M-6.3%	$159.0M-15.9%	$189.0M
Free Cash Flow	-$49.0M	-$132.0M-69.2%	-$78.0M-305.3%	$38.0M-26.9%	$52.0M-68.1%	$163.0M+91.8%	$85.0M+631.3%	-$16.0M-115.4%	$104.0M-49.0%	$204.0M+477.8%	-$54.0M-116.2%	$334.0M-29.8%	$476.0M
Investing Cash Flow	-$69.0M	-$28.0M-103.5%	$795.0M+954.8%	-$93.0M-153.8%	$173.0M+221.8%	-$142.0M-6.0%	-$134.0M+56.8%	-$310.0M-167.4%	$460.0M+521.6%	$74.0M	N/A	N/A	N/A
Financing Cash Flow	$14.0M	-$39.0M+95.6%	-$877.0M-982.7%	-$81.0M+38.2%	-$131.0M+0.8%	-$132.0M-78.4%	-$74.0M+12.9%	-$85.0M+86.7%	-$637.0M-413.7%	-$124.0M	N/A	N/A	N/A
Share Buybacks	N/A	$25.0M-86.3%	$182.0M+574.1%	$27.0M	$0	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$7.0M+146.7%	-$8.0M+86.2%	$39.0M-4.9%	-$39.0M-200.0%	-$15.0M+63.4%	-$58.0M-56.8%	$41.0M-66.4%	-$13.0M-18.2%
Depreciation & Amortization	$37.0M-9.8%	$47.0M-2.1%	$50.0M+6.4%	$48.0M+9.1%	$41.0M-19.6%	$48.0M-22.6%	$47.0M-27.7%	$44.0M-45.7%
Stock-Based Compensation	N/A	$0-100.0%	N/A	N/A	N/A	$3.0M0.0%	N/A	N/A
Capital Expenditures	$9.0M-40.0%	$9.0M-35.7%	$15.0M+36.4%	$15.0M+87.5%	$15.0M-16.7%	$14.0M+7.7%	-$11.0M-38.9%	$8.0M-38.5%
Free Cash Flow	-$2.0M+93.3%	-$17.0M+76.4%	$24.0M-20.0%	-$54.0M-157.1%	-$30.0M+49.2%	-$72.0M-44.0%	$30.0M-71.2%	-$21.0M+12.5%
Investing Cash Flow	-$12.0M-137.5%	-$14.0M+17.6%	-$22.0M-164.7%	-$21.0M-110.1%	$32.0M-92.2%	-$17.0M-111.9%	$34.0M+217.2%	$208.0M+1045.5%
Financing Cash Flow	-$7.0M+65.0%	$30.0M+400.0%	-$39.0M+59.4%	$30.0M+130.0%	-$20.0M+95.9%	-$10.0M+95.0%	-$96.0M-190.9%	-$100.0M-525.0%
Share Buybacks	N/A	N/A	$5.0M	$13.0M-7.1%	$7.0M-95.4%	$0-100.0%	$0-100.0%	$14.0M+133.3%

Not reported in any period shown, so not listed: Dividends Paid.

CNDT Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CNDT quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K
Gross Margin	18.1%-0.5pp	18.6%-3.8pp	22.4%+0.6pp	21.8%-2.4pp	24.2%+1.3pp	22.9%+1.1pp	21.8%-0.7pp	22.5%+5.1pp	17.3%+3.1pp	14.2%+3.9pp	10.3%	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	1.6%+0.5pp	1.1%
Net Margin	-5.6%-18.3pp	12.7%+20.6pp	-8.0%-3.2pp	-4.7%-4.0pp	-0.7%+2.1pp	-2.8%+40.5pp	-43.3%-35.6pp	-7.7%-10.7pp	3.0%+18.4pp	-15.3%-9.1pp	-6.2%-5.0pp	-1.2%
Return on Equity	-24.8%-75.6pp	50.8%+97.8pp	-47.1%-27.2pp	-19.9%-17.4pp	-2.5%+7.4pp	-9.9%+138.8pp	-148.8%-135.9pp	-12.9%-18.0pp	5.1%+35.0pp	-29.9%-21.9pp	-8.0%	N/A
Return on Assets	-7.1%-23.5pp	16.4%+25.8pp	-9.4%-4.3pp	-5.1%-4.4pp	-0.7%+2.1pp	-2.8%+40.1pp	-42.8%-36.6pp	-6.2%-8.6pp	2.4%+15.2pp	-12.8%-8.2pp	-4.6%	N/A
Current Ratio	1.650.0x	1.68-0.2x	1.91+0.1x	1.76+0.1x	1.64+0.2x	1.44+0.1x	1.35-0.3x	1.64-0.3x	1.98+0.6x	1.37+0.7x	0.68	N/A
Debt-to-Equity	0.97+0.2x	0.73-1.3x	1.98+0.6x	1.39+0.2x	1.220.0x	1.19+0.1x	1.13+0.7x	0.47-0.1x	0.560.0x	0.58+0.6x	0.01	N/A
Asset Turnover	1.270.0x	1.29+0.1x	1.18+0.1x	1.08+0.1x	1.030.0x	0.980.0x	0.99+0.2x	0.810.0x	0.800.0x	0.83+0.1x	0.74	N/A
FCF Margin	-4.3%-2.0pp	-2.3%-3.3pp	1.0%-0.3pp	1.4%-2.6pp	3.9%+1.9pp	2.0%+2.4pp	-0.4%-2.3pp	1.9%-1.5pp	3.4%+4.2pp	-0.8%-5.8pp	5.0%-1.8pp	6.9%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	18.1%-0.8pp	18.8%+1.1pp	18.4%+1.1pp	17.7%-1.0pp	18.9%+0.7pp	17.7%-2.5pp	17.3%-5.1pp	18.7%-3.6pp
Net Margin	-21.9%-15.2pp	-4.6%+2.2pp	-3.6%-2.1pp	-6.0%-21.2pp	-6.6%-32.7pp	-6.8%-17.5pp	-1.5%-2.1pp	15.2%+46.3pp
Return on Equity	-22.1%-16.9pp	-5.1%+1.2pp	-4.8%-3.4pp	-6.4%-20.5pp	-5.1%-33.9pp	-6.4%-20.5pp	-1.4%-2.4pp	14.0%+60.9pp
Return on Assets	-5.2%-3.6pp	-1.4%+0.6pp	-1.4%-0.9pp	-1.8%-6.2pp	-1.6%-9.4pp	-2.0%-5.3pp	-0.5%-0.7pp	4.3%+13.5pp
Current Ratio	1.55-0.1x	1.59-0.1x	1.650.0x	1.64-0.1x	1.650.0x	1.64-0.2x	1.68-0.2x	1.75-0.2x
Debt-to-Equity	3.00+1.0x	2.51+0.5x	0.97+0.2x	2.29+0.2x	2.02-0.5x	1.98-1.2x	0.73-1.3x	2.07-1.8x
Asset Turnover	0.240.0x	0.300.0x	0.38+0.1x	0.310.0x	0.24-0.1x	0.300.0x	0.310.0x	0.280.0x
FCF Margin	-0.4%+4.6pp	-2.4%+7.2pp	2.6%-1.1pp	-7.0%-4.4pp	-5.0%+2.2pp	-9.6%-4.2pp	3.8%-7.2pp	-2.6%0.0pp

Not reported in any period shown, so not listed: Operating Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Conduent Incorporated CNDT	FY2025	$3.0B	-$170.0M	-5.6%	$251.9M	21/100
Xerox Holdings Corporation XRX	FY2025	$7.0B	-$1.0B	-14.6%	$396.6M	19/100
TSS, Inc. TSSI	FY2025	$245.7M	$15.1M	6.2%	$289.0M	57/100
TechTarget, Inc. TTGT	FY2025	$486.8M	-$1.0B	N/A	$258.2M	36/100
IBEX Limited IBEX	FY2026	$644.1M	$46.3M	7.2%	$578.7M	71/100
LZ Technology Holdings Limited LZMH	FY2025	$161.4M	-$24.8M	-15.4%	$10.8M	30/100

Where Conduent Incorporated Ranks

Frequently Asked Questions

What is Conduent Incorporated's annual revenue?

Conduent Incorporated (CNDT) reported $3.0B in total revenue for fiscal year 2025. This represents a -9.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Conduent Incorporated's revenue growing?

Conduent Incorporated (CNDT) revenue declined by 9.4% year-over-year, from $3.4B to $3.0B in fiscal year 2025.

Is Conduent Incorporated profitable?

No, Conduent Incorporated (CNDT) reported a net income of -$170.0M in fiscal year 2025, with a net profit margin of -5.6%.

How much debt does Conduent Incorporated have?

As of fiscal year 2025, Conduent Incorporated (CNDT) had $233.0M in cash and equivalents against $665.0M in long-term debt.

What is Conduent Incorporated's gross margin?

Conduent Incorporated (CNDT) had a gross margin of 18.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Conduent Incorporated's net profit margin?

Conduent Incorporated (CNDT) had a net profit margin of -5.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Conduent Incorporated's return on equity (ROE)?

Conduent Incorporated (CNDT) has a return on equity of -24.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Conduent Incorporated's free cash flow?

Conduent Incorporated (CNDT) recorded an outflow of $132.0M in free cash flow during fiscal year 2025. This represents a -69.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Conduent Incorporated's operating cash flow?

Conduent Incorporated (CNDT) recorded an outflow of $73.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are Conduent Incorporated's total assets?

Conduent Incorporated (CNDT) had $2.4B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Conduent Incorporated's capital expenditures?

Conduent Incorporated (CNDT) invested $59.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Conduent Incorporated spend on research and development?

Conduent Incorporated (CNDT) invested $4.0M in research and development during fiscal year 2025.

Does Conduent Incorporated buy back shares?

Yes, Conduent Incorporated (CNDT) spent $25.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Conduent Incorporated have outstanding?

Conduent Incorporated (CNDT) had 155M shares outstanding as of fiscal year 2025.

What is Conduent Incorporated's current ratio?

Conduent Incorporated (CNDT) had a current ratio of 1.65 as of fiscal year 2025, which is generally considered healthy.

What is Conduent Incorporated's debt-to-equity ratio?

Conduent Incorporated (CNDT) had a debt-to-equity ratio of 0.97 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Conduent Incorporated's return on assets (ROA)?

Conduent Incorporated (CNDT) had a return on assets of -7.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Conduent Incorporated's P/E ratio?

Conduent Incorporated (CNDT) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $251.9M as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Conduent Incorporated's price-to-sales ratio?

Conduent Incorporated (CNDT) trades at 0.1x sales, its market capitalization divided by revenue of $2.9B revenue, trailing 12 months to June 30, 2026. The market capitalization is $251.9M as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

How does Conduent Incorporated's liquidity compare with its operating cash outflow?

At the end of fiscal year 2025, Conduent Incorporated (CNDT) held $233.0M in cash, cash equivalents and investments, and reported an operating cash outflow of $73.0M over that year. Dividing the one by the other, the reported balance equals about 38 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

What is Conduent Incorporated's Piotroski F-Score?

Conduent Incorporated (CNDT) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Conduent Incorporated's earnings high quality?

Conduent Incorporated (CNDT) reported a net loss of $170.0M while operations used $73.0M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Conduent Incorporated?

Conduent Incorporated (CNDT) scores 21 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.