Dxc Technology Financials
This page shows Dxc Technology (DXC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 11 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).
Revenue contraction has not broken cash generation, leaving DXC smaller, more efficient, and less dependent on leverage.
Across the recent period, cash conversion stayed firm: operating cash flow held near$1.4B and free cash flow stayed above$1.1B even as revenue kept falling. In FY2025, depreciation and amortization of$1.3B far exceeded capex of$248M , showing low reinvestment needs and explaining why cash generation looks stronger than reported earnings alone suggest.
Balance-sheet repair is visible: long-term debt fell to
Margin resilience is the clearest operating clue: revenue fell again, yet gross profit still edged up and gross margin reached
Financial Health Signals
Based on FY2026 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Dxc Technology'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.
Dxc Technology has an operating margin of 7.7%, meaning the company retains $8 of operating profit per $100 of revenue. This results in a moderate score of 39/100, indicating healthy but not exceptional operating efficiency. This is down from 7.9% the prior year.
Dxc Technology's revenue declined 1.8% year-over-year, from $12.9B to $12.6B. This contraction results in a growth score of 27/100.
Dxc Technology carries a low D/E ratio of 1.03, meaning only $1.03 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 81/100, indicating a strong balance sheet with room for future borrowing.
Dxc Technology's current ratio of 1.36 is below the typical benchmark, resulting in a score of 23/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Dxc Technology has a free cash flow margin of 8.2%, earning a moderate score of 46/100. The company generates positive cash flow after capital investments, but with room for improvement.
Dxc Technology generates a 0.6% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 21/100. This is down from 12.0% the prior year.
Dxc Technology scores 1.14, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Dxc Technology passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Dxc Technology generates $69.33 in operating cash flow ($1.2B OCF vs $18.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Dxc Technology earns $4.5 in operating income for every $1 of interest expense ($970.0M vs $216.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
Dxc Technology generated $12.6B in revenue in fiscal year 2026. This represents a decrease of 1.8% from the prior year.
Dxc Technology's EBITDA was $2.2B in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 7.7% from the prior year.
Dxc Technology reported $18.0M in net income in fiscal year 2026. This represents a decrease of 95.4% from the prior year.
Dxc Technology earned $0.10 per diluted share (EPS) in fiscal year 2026. This represents a decrease of 95.2% from the prior year.
Cash & Balance Sheet
Dxc Technology generated $1.0B in free cash flow in fiscal year 2026, representing cash available after capex. This represents a decrease of 9.9% from the prior year.
Dxc Technology held $1.7B in cash against $3.0B in long-term debt as of fiscal year 2026.
Dxc Technology had 163M shares outstanding in fiscal year 2026. This represents a decrease of 9.8% from the prior year.
Margins & Returns
Dxc Technology's gross margin was 24.0% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is down 0.1 percentage points from the prior year.
Dxc Technology's operating margin was 7.7% in fiscal year 2026, reflecting core business profitability. This is down 0.3 percentage points from the prior year.
Dxc Technology's net profit margin was 0.1% in fiscal year 2026, showing the share of revenue converted to profit. This is down 2.9 percentage points from the prior year.
Dxc Technology's ROE was 0.6% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is down 11.4 percentage points from the prior year.
Capital Allocation
Dxc Technology spent $249.0M on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 1678.6% from the prior year.
Dxc Technology invested $212.0M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 14.5% from the prior year.
DXC Income Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.1B-2.0% | $3.2B+1.0% | $3.2B+0.1% | $3.2B-0.3% | $3.2B-1.7% | $3.2B-0.5% | $3.2B+0.2% | $3.2B |
| Cost of Revenue | $2.4B-1.1% | $2.4B+2.2% | $2.4B-0.2% | $2.4B-0.5% | $2.4B-0.6% | $2.4B-0.5% | $2.4B-3.9% | $2.5B |
| Gross Profit | $723.0M-4.7% | $759.0M-2.4% | $778.0M+0.9% | $771.0M+0.4% | $768.0M-5.1% | $809.0M-0.6% | $814.0M+14.6% | $710.0M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $333.0M+7.8% | $309.0M-15.6% | $366.0M-7.1% | $394.0M+9.7% | $359.0M+7.2% | $335.0M-5.1% | $353.0M+17.3% | $301.0M |
| Operating Income | $237.0M-9.9% | $263.0M+3.5% | $254.0M+17.6% | $216.0M-6.1% | $230.0M-19.6% | $286.0M+2.5% | $279.0M+24.6% | $224.0M |
| Interest Expense | $55.0M+1.9% | $54.0M+1.9% | $53.0M-1.9% | $54.0M-6.9% | $58.0M-12.1% | $66.0M-4.3% | $69.0M-4.2% | $72.0M |
| Income Tax | $89.0M+45.9% | $61.0M-33.0% | $91.0M+85.7% | $49.0M-34.7% | $75.0M+10.3% | $68.0M+41.7% | $48.0M+11.6% | $43.0M |
| Net Income | -$141.0M-231.8% | $107.0M+197.2% | $36.0M+125.0% | $16.0M-93.9% | $264.0M+363.2% | $57.0M+35.7% | $42.0M+61.5% | $26.0M |
| EPS (Diluted) | N/A | $0.61+205.0% | $0.20+122.2% | $0.09 | N/A | $0.31+34.8% | $0.23+64.3% | $0.14 |
DXC Balance Sheet
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $12.9B-2.2% | $13.2B-3.0% | $13.6B+1.1% | $13.4B+1.8% | $13.2B+1.3% | $13.0B-3.5% | $13.5B+1.1% | $13.4B |
| Current Assets | $5.4B+1.7% | $5.3B-3.1% | $5.4B-0.7% | $5.5B+2.1% | $5.4B+5.7% | $5.1B+1.4% | $5.0B+0.9% | $5.0B |
| Cash & Equivalents | $1.7B+0.3% | $1.7B-8.3% | $1.9B+5.4% | $1.8B-0.2% | $1.8B+4.2% | $1.7B+38.4% | $1.2B-5.5% | $1.3B |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $1.9B+1.0% | $1.9B+0.3% | $1.9B-6.4% | $2.0B+0.2% | $2.0B+8.9% | $1.9B-11.5% | $2.1B+4.0% | $2.0B |
| Goodwill | $527.0M-0.6% | $530.0M-0.2% | $531.0M-0.2% | $532.0M+1.1% | $526.0M+1.5% | $518.0M-4.3% | $541.0M+1.9% | $531.0M |
| Total Liabilities | $9.7B-0.9% | $9.8B-4.7% | $10.2B+2.4% | $10.0B+3.0% | $9.7B-0.7% | $9.8B-4.7% | $10.3B+0.2% | $10.3B |
| Current Liabilities | $3.9B+0.8% | $3.9B-22.0% | $5.0B+11.4% | $4.5B+1.9% | $4.4B+16.4% | $3.8B-5.4% | $4.0B-2.2% | $4.1B |
| Long-Term Debt | $3.0B-1.9% | $3.1B+30.5% | $2.4B-23.5% | $3.1B+3.5% | $3.0B-17.6% | $3.6B-4.9% | $3.8B+1.6% | $3.8B |
| Total Equity | $2.9B-6.5% | $3.1B+2.4% | $3.1B-3.1% | $3.2B-1.9% | $3.2B+8.0% | $3.0B+0.3% | $3.0B+4.6% | $2.9B |
| Retained Earnings | -$2.9B-0.2% | -$2.9B+7.3% | -$3.2B+5.5% | -$3.3B+3.0% | -$3.5B+7.1% | -$3.7B+1.5% | -$3.8B+1.1% | -$3.8B |
DXC Cash Flow Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $239.0M-42.3% | $414.0M+1.2% | $409.0M+119.9% | $186.0M-41.0% | $315.0M-51.5% | $650.0M+233.3% | $195.0M-18.1% | $238.0M |
| Capital Expenditures | $70.0M+27.3% | $55.0M+25.0% | $44.0M+2.3% | $43.0M-44.2% | $77.0M-6.1% | $82.0M+100.0% | $41.0M-14.6% | $48.0M |
| Free Cash Flow | $169.0M-52.9% | $359.0M-1.6% | $365.0M+155.2% | $143.0M-39.9% | $238.0M-58.1% | $568.0M+268.8% | $154.0M-18.9% | $190.0M |
| Investing Cash Flow | -$119.0M+16.8% | -$143.0M+1.4% | -$145.0M-88.3% | -$77.0M+54.4% | -$169.0M-98.8% | -$85.0M-21.4% | -$70.0M+62.8% | -$188.0M |
| Financing Cash Flow | -$102.0M+76.2% | -$428.0M-214.7% | -$136.0M-23.6% | -$110.0M-83.3% | -$60.0M+11.8% | -$68.0M+70.4% | -$230.0M-661.0% | $41.0M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $61.0M-4.7% | $64.0M-15.8% | $76.0M+58.3% | $48.0M | $0-100.0% | $12.0M | $0-100.0% | $2.0M |
DXC Financial Ratios
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 23.1%-0.7pp | 23.8%-0.9pp | 24.6%+0.2pp | 24.4%+0.2pp | 24.2%-0.9pp | 25.1%-0.0pp | 25.1%+3.2pp | 21.9% |
| Operating Margin | 7.6%-0.7pp | 8.2%+0.2pp | 8.0%+1.2pp | 6.8%-0.4pp | 7.3%-1.6pp | 8.9%+0.3pp | 8.6%+1.7pp | 6.9% |
| Net Margin | -4.5%-7.8pp | 3.4%+2.2pp | 1.1%+0.6pp | 0.5%-7.8pp | 8.3%+6.6pp | 1.8%+0.5pp | 1.3%+0.5pp | 0.8% |
| Return on Equity | -4.8%-8.2pp | 3.4%+2.2pp | 1.2%+0.7pp | 0.5%-7.7pp | 8.2%+6.3pp | 1.9%+0.5pp | 1.4%+0.5pp | 0.9% |
| Return on Assets | -1.1%-1.9pp | 0.8%+0.5pp | 0.3%+0.2pp | 0.1%-1.9pp | 2.0%+1.6pp | 0.4%+0.1pp | 0.3%+0.1pp | 0.2% |
| Current Ratio | 1.36+0.0 | 1.35+0.3 | 1.09-0.1 | 1.220.0 | 1.22-0.1 | 1.34+0.1 | 1.25+0.0 | 1.21 |
| Debt-to-Equity | 1.03+0.0 | 0.98+0.2 | 0.77-0.2 | 0.98+0.1 | 0.93-0.3 | 1.22-0.1 | 1.28-0.0 | 1.32 |
| FCF Margin | 5.4%-5.8pp | 11.2%-0.3pp | 11.6%+7.0pp | 4.5%-3.0pp | 7.5%-10.1pp | 17.6%+12.9pp | 4.8%-1.1pp | 5.9% |
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Frequently Asked Questions
What is Dxc Technology's annual revenue?
Dxc Technology (DXC) reported $12.6B in total revenue for fiscal year 2026. This represents a -1.8% 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 Dxc Technology's revenue growing?
Dxc Technology (DXC) revenue declined by 1.8% year-over-year, from $12.9B to $12.6B in fiscal year 2026.
Is Dxc Technology profitable?
Yes, Dxc Technology (DXC) reported a net income of $18.0M in fiscal year 2026, with a net profit margin of 0.1%.
What is Dxc Technology's EBITDA?
Dxc Technology (DXC) had EBITDA of $2.2B in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Dxc Technology have?
As of fiscal year 2026, Dxc Technology (DXC) had $1.7B in cash and equivalents against $3.0B in long-term debt.
What is Dxc Technology's gross margin?
Dxc Technology (DXC) had a gross margin of 24.0% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Dxc Technology's operating margin?
Dxc Technology (DXC) had an operating margin of 7.7% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Dxc Technology's net profit margin?
Dxc Technology (DXC) had a net profit margin of 0.1% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Dxc Technology's return on equity (ROE)?
Dxc Technology (DXC) has a return on equity of 0.6% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Dxc Technology's free cash flow?
Dxc Technology (DXC) generated $1.0B in free cash flow during fiscal year 2026. This represents a -9.9% 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 Dxc Technology's operating cash flow?
Dxc Technology (DXC) generated $1.2B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Dxc Technology's total assets?
Dxc Technology (DXC) had $12.9B in total assets as of fiscal year 2026, including both current and long-term assets.
What are Dxc Technology's capital expenditures?
Dxc Technology (DXC) invested $212.0M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
What is Dxc Technology's current ratio?
Dxc Technology (DXC) had a current ratio of 1.36 as of fiscal year 2026, which is considered adequate.
What is Dxc Technology's debt-to-equity ratio?
Dxc Technology (DXC) had a debt-to-equity ratio of 1.03 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Dxc Technology's return on assets (ROA)?
Dxc Technology (DXC) had a return on assets of 0.1% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Dxc Technology's Altman Z-Score?
Dxc Technology (DXC) has an Altman Z-Score of 1.14, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Dxc Technology's Piotroski F-Score?
Dxc Technology (DXC) has a Piotroski F-Score of 6 out of 9, indicating neutral 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 Dxc Technology's earnings high quality?
Dxc Technology (DXC) has an earnings quality ratio of 69.33x, considered cash-backed (high quality). 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.
Can Dxc Technology cover its interest payments?
Dxc Technology (DXC) has an interest coverage ratio of 4.5x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Dxc Technology?
Dxc Technology (DXC) scores 40 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.