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Dxc Technology Financials

DXC
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE March

This page shows Dxc Technology (DXC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 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).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 42 / 100
Financial Profile 42/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
40

Dxc Technology has an operating margin of 7.9%, meaning the company retains $8 of operating profit per $100 of revenue. This results in a moderate score of 40/100, indicating healthy but not exceptional operating efficiency. This is up from 7.4% the prior year.

Growth
24

Dxc Technology's revenue declined 5.8% year-over-year, from $13.7B to $12.9B. This contraction results in a growth score of 24/100.

Leverage
83

Dxc Technology carries a low D/E ratio of 0.93, meaning only $0.93 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 83/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
19

Dxc Technology's current ratio of 1.22 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 19/100, which could limit financial flexibility.

Cash Flow
47

Dxc Technology has a free cash flow margin of 8.9%, earning a moderate score of 47/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
38

Dxc Technology's ROE of 12.0% shows moderate profitability relative to equity, earning a score of 38/100. This is up from 3.2% the prior year.

Altman Z-Score Distress
1.08

Dxc Technology scores 1.08, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Piotroski F-Score Strong
7/9

Dxc Technology passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed
3.59x

For every $1 of reported earnings, Dxc Technology generates $3.59 in operating cash flow ($1.4B OCF vs $389.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate
3.8x

Dxc Technology earns $3.8 in operating income for every $1 of interest expense ($1.0B vs $265.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue
$12.9B
YoY-5.8%
5Y CAGR-8.0%

Dxc Technology generated $12.9B in revenue in fiscal year 2025. This represents a decrease of 5.8% from the prior year.

EBITDA
$2.3B
YoY-4.5%
5Y CAGR-10.3%

Dxc Technology's EBITDA was $2.3B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 4.5% from the prior year.

Net Income
$389.0M
YoY+327.5%

Dxc Technology reported $389.0M in net income in fiscal year 2025. This represents an increase of 327.5% from the prior year.

EPS (Diluted)
$2.10
YoY+356.5%

Dxc Technology earned $2.10 per diluted share (EPS) in fiscal year 2025. This represents an increase of 356.5% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$1.1B
YoY-2.5%
5Y CAGR-10.5%

Dxc Technology generated $1.1B in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 2.5% from the prior year.

Cash & Debt
$1.8B
YoY+46.7%
5Y CAGR-13.4%

Dxc Technology held $1.8B in cash against $3.0B in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
181M
YoY+1.3%

Dxc Technology had 181M shares outstanding in fiscal year 2025. This represents an increase of 1.3% from the prior year.

Margins & Returns

Gross Margin
24.1%
YoY+1.5pp
5Y CAGR+0.2pp

Dxc Technology's gross margin was 24.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 1.5 percentage points from the prior year.

Operating Margin
7.9%
YoY+0.5pp
5Y CAGR-2.6pp

Dxc Technology's operating margin was 7.9% in fiscal year 2025, reflecting core business profitability. This is up 0.5 percentage points from the prior year.

Net Margin
3.0%
YoY+2.4pp
5Y CAGR+30.4pp

Dxc Technology's net profit margin was 3.0% in fiscal year 2025, showing the share of revenue converted to profit. This is up 2.4 percentage points from the prior year.

Return on Equity
12.0%
YoY+8.8pp
5Y CAGR+124.3pp

Dxc Technology's ROE was 12.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 8.8 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
$14.0M
YoY-98.4%
5Y CAGR-54.7%

Dxc Technology spent $14.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 98.4% from the prior year.

Capital Expenditures
$248.0M
YoY+36.3%
5Y CAGR-6.7%

Dxc Technology invested $248.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 36.3% from the prior year.

DXC Income Statement

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Revenue $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-4.4% $3.4B
Cost of Revenue $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-2.4% $2.6B
Gross Profit $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-11.0% $798.0M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $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+2.0% $295.0M
Operating Income $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-19.4% $278.0M
Interest Expense $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-5.3% $76.0M
Income Tax $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+137.7% -$114.0M
Net Income $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+113.0% -$200.0M
EPS (Diluted) $0.61+205.0% $0.20+122.2% $0.09 N/A $0.31+34.8% $0.23+64.3% $0.14 N/A

DXC Balance Sheet

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Total Assets $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-3.7% $13.9B
Current Assets $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-3.3% $5.1B
Cash & Equivalents $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+7.6% $1.2B
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable $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-7.2% $2.2B
Goodwill $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-0.2% $532.0M
Total Liabilities $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-5.1% $10.8B
Current Liabilities $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-6.9% $4.4B
Long-Term Debt $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-1.4% $3.8B
Total Equity $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+1.4% $2.8B
Retained Earnings -$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+0.7% -$3.8B

DXC Cash Flow Statement

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Operating Cash Flow $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-15.0% $280.0M
Capital Expenditures $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+26.3% $38.0M
Free Cash Flow $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-21.5% $242.0M
Investing Cash Flow -$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-51.6% -$124.0M
Financing Cash Flow -$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+106.7% -$610.0M
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks $64.0M-15.8% $76.0M+58.3% $48.0M $0-100.0% $12.0M $0-100.0% $2.0M-98.6% $143.0M

DXC Financial Ratios

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Gross Margin 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%-1.6pp 23.6%
Operating Margin 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%-1.3pp 8.2%
Net Margin 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%+6.7pp -5.9%
Return on Equity 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%+8.0pp -7.1%
Return on Assets 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%+1.6pp -1.4%
Current Ratio 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+0.0 1.17
Debt-to-Equity 0.98+0.2 0.77-0.2 0.98+0.1 0.93-0.3 1.22-0.1 1.28-0.0 1.32-0.0 1.36
FCF Margin 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%-1.3pp 7.1%

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Frequently Asked Questions

Dxc Technology (DXC) reported $12.9B in total revenue for fiscal year 2025. This represents a -5.8% 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.

Dxc Technology (DXC) revenue declined by 5.8% year-over-year, from $13.7B to $12.9B in fiscal year 2025.

Yes, Dxc Technology (DXC) reported a net income of $389.0M in fiscal year 2025, with a net profit margin of 3.0%.

Dxc Technology (DXC) reported diluted earnings per share of $2.10 for fiscal year 2025. This represents a 356.5% 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.

Dxc Technology (DXC) had EBITDA of $2.3B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Dxc Technology (DXC) had $1.8B in cash and equivalents against $3.0B in long-term debt.

Dxc Technology (DXC) had a gross margin of 24.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Dxc Technology (DXC) had an operating margin of 7.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Dxc Technology (DXC) had a net profit margin of 3.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Dxc Technology (DXC) has a return on equity of 12.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Dxc Technology (DXC) generated $1.1B in free cash flow during fiscal year 2025. This represents a -2.5% 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.

Dxc Technology (DXC) generated $1.4B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Dxc Technology (DXC) had $13.2B in total assets as of fiscal year 2025, including both current and long-term assets.

Dxc Technology (DXC) invested $248.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Yes, Dxc Technology (DXC) spent $14.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Dxc Technology (DXC) had 181M shares outstanding as of fiscal year 2025.

Dxc Technology (DXC) had a current ratio of 1.22 as of fiscal year 2025, which is considered adequate.

Dxc Technology (DXC) had a debt-to-equity ratio of 0.93 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Dxc Technology (DXC) had a return on assets of 2.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Dxc Technology (DXC) has an Altman Z-Score of 1.08, 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.

Dxc Technology (DXC) has a Piotroski F-Score of 7 out of 9, indicating strong 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Dxc Technology (DXC) has an earnings quality ratio of 3.59x, 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.

Dxc Technology (DXC) has an interest coverage ratio of 3.8x, 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.

Dxc Technology (DXC) scores 42 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.

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