What is the current DXC Technology Company share price?

The current share price of DXC Technology Company is US$ 8.82

How many DXC Technology Company shares are in issue?

DXC Technology Company has 163,479,858 shares in issue

What is the market cap of DXC Technology Company?

The market capitalisation of DXC Technology Company is USD 1.44B

What is the 1 year trading range for DXC Technology Company share price?

DXC Technology Company has traded in the range of US$ 7.9001 to US$ 16.45 during the past year

What is the PE ratio of DXC Technology Company?

The price to earnings ratio of DXC Technology Company is 90.1

What is the cash to sales ratio of DXC Technology Company?

The cash to sales ratio of DXC Technology Company is 0.12

What is the registered address of DXC Technology Company?

The registered address for DXC Technology Company is 20408 Bashan Drive, Ashburn, Virginia, 20147

What is the DXC Technology Company website address?

The website address for DXC Technology Company is dxc.com

Which industry sector does DXC Technology Company operate in?

DXC Technology Company operates in the Software & IT Services sector

DXC Technology【DXC】銘柄情報

期間 †	前日比	前日比 %	始値	高値	安値	平均出来高	VWAP
1	-0.98	-10	9.8	9.8	8.73	4061054	9.07883593	CS
4	0.12	1.37931034483	8.7	10.565	7.9001	5210854	9.14573727	CS
12	-2.89	-24.6797608881	11.71	13.537	7.9001	4352388	10.50336291	CS
26	-6.09	-40.8450704225	14.91	15.68	7.9001	3279944	11.80004097	CS
52	-6.94	-44.0355329949	15.76	16.45	7.9001	2601667	12.6075864	CS
156	-17.31	-66.2456946039	26.13	28.89	7.9001	2326278	17.48796218	CS
260	-32.19	-78.4930504755	41.01	44.18	7.9001	2208460	22.32150355	CS

期間 †

前日比

前日比 %

始値

高値

安値

平均出来高

VWAP

-0.98

-10

9.8

8.73

4061054

9.07883593

0.12

1.37931034483

8.7

10.565

7.9001

5210854

9.14573727

-2.89

-24.6797608881

11.71

13.537

7.9001

4352388

10.50336291

-6.09

-40.8450704225

14.91

15.68

7.9001

3279944

11.80004097

-6.94

-44.0355329949

15.76

16.45

7.9001

2601667

12.6075864

156

-17.31

-66.2456946039

26.13

28.89

7.9001

2326278

17.48796218

260

-32.19

-78.4930504755

41.01

44.18

7.9001

2208460

22.32150355

DXC Technology Reports Fourth Quarter and Full Fiscal Year 2026 ResultsMay 7, 2026 4:15 PM
PR Newswire (US) Total revenue for Q4 FY26 of $3.13 billion, down 1.2% YoY, down 6.6% on an organic basis(1)Q4 FY26 Bookings of $3.3 billion, book to bill ratio of 1.07xQ4 FY26 EBIT margin of (1.2)%, and adjusted EBIT(2) margin of 7.6%Q4 FY26 Diluted earnings per share of $(0.84) down 158.7% YoY; Non-GAAP diluted earnings per share(3) of $0.77, down 8.3% YoYQ4 FY26 Free cash flow(4) was $110 million and full fiscal year 2026 was $713 million, up 3.8% YoYRepurchased $60 million of shares in Q4, and $250 million of shares in full fiscal year 2026 ASHBURN, Va., May 7, 2026 /PRNewswire/ - DXC Technology (NYSE: DXC) today reported results for the fourth quarter and full fiscal year 2026. "We delivered another quarter of strong free cash flow with adjusted EBIT margin ahead of our expectations, while our top line performance fell short," said DXC Technology President and CEO Raul Fernandez. "Over the past year, we leaned into innovation to reposition DXC for the next phase of enterprise IT and AI driven transformation, including the recent launch of our AI based orchestration platform, OASIS and continued progress across our Core Track and Fast Track initiatives. With our deep client relationships and a clear strategy in place, we remain confident in our direction and are focused on improved revenue performance and long-term value creation."Financial Highlights - Fourth Quarter Fiscal Year 2026Total revenue was $3.13 billion, down 1.2% year-over-year, down 6.6% on an organic basis.(1)EBIT was $(39) million, down 111.1% year-over-year with a corresponding margin of (1.2)%. Adjusted EBIT(2) was $237 million, up 3.0% year-over-year, with a corresponding margin(2) of 7.6%.Diluted earnings per share was $(0.84), down 158.7% year-over-year. Non-GAAP diluted earnings per share(3) was $0.77, down 8.3% year-over-year.Cash generated from operations was $239 million, down $76 million year-over-year. Free cash flow(4) was $110 million, down $1 million year-over-year.Bookings of $3.3 billion declined 13.5% year-over-year, with a book to bill ratio of 1.07x.Returned $60 million of capital to shareholders by repurchasing approximately 4.6 million shares.Segment Highlights - Fourth Quarter Fiscal Year 2026Consulting and Engineering Services ("CES")Revenue was $1,256 million, up 1.7% year-over-year, down 3.9% on an organic basis.(1)Segment profit was $124 million, up 5.1% year-over-year, with a corresponding margin of 9.9%.Bookings declined 11.1% year-over-year, with a book to bill ratio of 1.07x. Global Infrastructure Services ("GIS")Revenue was $1,549 million, down 5.0% year-over-year, down 10.6% on an organic basis.(1)Segment profit was $100 million, up 2.0% year-over-year, with a corresponding margin of 6.5%.Bookings declined 18.9% year-over-year, with a book to bill ratio of 1.11x.Insurance Software & Services ("Insurance")Revenue was $325 million, up 7.3% year-over-year, up 4.0% on an organic basis.(1)Segment profit was $33 million, up 6.5% year-over-year, with a corresponding margin of 10.2%.Bookings increased 20.3% year-over-year, with a book to bill ratio of 0.88x.Financial Highlights - Full Fiscal Year 2026Total revenue was $12.64 billion, down 1.8% year-over-year, down 4.8% on an organic basis.(1)EBIT was $353 million, down 49.3% year-over-year with a corresponding margin of 2.8%. Adjusted EBIT(2) was $970 million, down 4.8% year-over-year, with a corresponding margin(2) of 7.7%.Diluted earnings per share was $0.10, down 95.2% year-over-year. Non-GAAP diluted earnings per share(3) was $3.23, down 5.8% year-over-year.Cash generated from operations was $1,248 million, down $150 million year-over-year. Free cash flow(4) was $713 million, up $26 million year-over-year.Bookings of $12.4 billion declined 6.2% year-over-year, with a book to bill ratio of 0.98x.Segment Highlights - Full Fiscal Year 2026Consulting and Engineering Services ("CES")Revenue was $5,023 million, down 0.8% year-over-year, down 3.8% on an organic basis.(1)Segment profit was $518 million, down 10.7% year-over-year, with a corresponding margin of 10.3%.Bookings increased 1.1% year-over-year, with a book to bill ratio of 1.10x. Global Infrastructure Services ("GIS")Revenue was $6,342 million, down 3.9% year-over-year, down 7.2% on an organic basis.(1)Segment profit was $432 million, up 0.2% year-over-year, with a corresponding margin of 6.8%.Bookings declined 13.3% year-over-year, with a book to bill ratio of 0.94x.Insurance Software & Services ("Insurance")Revenue was $1,279 million, up 5.4% year-over-year, up 3.6% on an organic basis.(1)Segment profit was $129 million, down 20.4% year-over-year, with a corresponding margin of 10.1%.Bookings increased 3.6% year-over-year, with a book to bill ratio of 0.76x.First Quarter Fiscal Year 2027 and Full Fiscal Year 2027 GuidanceFirst Quarter Fiscal Year 2027Total revenue in the range of $2.97 billion to $3.00 billion, a decline of 7.5% to 6.5% year-over-year on an organic basis.(1)Adjusted EBIT margin(2) of ~5.0%.Non-GAAP Diluted EPS(3) in the range of ~$0.40.Full Fiscal Year 2027Total revenue in the range of $12.11 billion to $12.35 billion, a decline of 5.0% to 3.0% year-over-year on an organic basis.(1)Adjusted EBIT margin(2) in the range of 6.0% to 7.0%.Non-GAAP diluted EPS(3) in the range of $2.40 to $2.90. Free Cash Flow(4) of ~$600 million.Additional metrics for the fourth quarter and full fiscal year 2027 guidance are presented in the table below. Revenue
Q1 FY27
Guidance
FY27 Guidance
LowHigh
LowHighYoY Organic Revenue %
(7.5) %(6.5) %
(5.0) %(3.0) %Acquisition & Divestitures Revenues %
— %
— %Foreign Exchange Impact on Revenues %
1.3 %
2.2 %Others

Non-GAAP Net Interest Expense ($M)
$15
$56Non-GAAP Tax Rate
48.0 %
40.0 %Foreign Exchange Assumptions
Current Estimate
Current Estimate$/Euro Exchange Rate
$1.17
$1.17$/GBP Exchange Rate
$1.35
$1.35$/AUD Exchange Rate
$0.70
$0.70DXC does not provide reconciliations of non-GAAP measures included in its guidance because certain key information necessary for such reconciliations—most notably the impact of significant non-recurring items—is unavailable without unreasonable effort or may not be available at all. As a result, DXC believes any such reconciliation would not be meaningful.Earnings Conference Call and Webcast DXC Technology senior management will host a conference call and webcast to discuss fourth quarter and full fiscal 2026 results at 5:00 p.m. ET on May 7, 2026. The dial-in number for domestic callers is 888-596-4144. Callers who reside outside of the United States should dial +1-646-968-2525. The passcode for all participants is 9664077#. The webcast audio and any presentation slides will be available through a link posted on DXC Technology's Investor Relations website.A replay of the conference call will be available until 11:59 PM ET on May 14, 2026, at 800-770-2030 for domestic callers and at +1-609-800-9909 for international callers. The replay passcode is 9664077#. A transcript of the conference call will be posted on DXC Technology's Investor Relations website.About DXC TechnologyDXC Technology (NYSE: DXC) is a leading enterprise technology and innovation partner delivering software, services, and solutions to global enterprises and public sector organizations — helping them harness AI to drive outcomes at a time of exponential change with speed. With deep expertise in Managed Infrastructure Services, Application Modernization, and Industry-Specific Software Solutions, DXC modernizes, secures, and operates some of the world's most complex technology estates. Learn more on DXC.com.Forward-Looking StatementsExcept for historical information, statements in this document may constitute "forward-looking statements" based on our current assumptions regarding future performance. These statements involve numerous risks, uncertainties, and other factors outside our control that could cause actual results to differ materially, including: inability to effectively manage our sales organization, including execution, pipeline, and talent management; our inability to expand service offerings to address emerging technological trends and competitive pressures; failure to attract and retain key personnel, including artificial intelligence (AI) and technical experts, or maintain partner relationships; risks associated with AI, including adoption, deployment, and governance, reliance on third-party platforms, cybersecurity, privacy, evolving regulations, and competitive displacement; inability to accurately estimate contract costs and timelines, or failure by us or third parties to deliver on commitments; systems failures, catastrophic events, and resulting service interruptions; liability or reputational damage from security breaches, cyber-attacks, or disclosure of confidential or personal data; failure to comply with new or existing laws, regulations, and customer contracts, including those relating to data privacy, economic sanctions, export controls, AI, and environmental, social, and governance (ESG) expectations; failure to maintain our credit rating, manage indebtedness, or raise capital, adversely affecting our liquidity and borrowing costs; risks associated with international operations, including exchange rate fluctuations and geopolitical conflicts (such as in Russia/Ukraine and the Middle East); macroeconomic challenges, including inflation, reduced customer spending, and economic slowdowns affecting deal closures and cost-takeout efforts; inability to compete effectively, maintain customer relationships, collect receivables, or comply with government contracting regulations; failure to succeed in strategic transactions, acquisitions, or partnerships; securities price volatility; supply chain disruptions, supplier non-performance, or increased procurement costs due to trade tensions, tariffs, or hostilities; climate change, natural disasters, and increased scrutiny of ESG initiatives; infringement of intellectual property rights, or inability to procure necessary third-party licenses; failure to achieve expected benefits of restructuring plans, workforce reductions, and automation/AI reliance; failure to maintain effective disclosure controls and internal control over financial reporting; asset impairment charges, including but not limited to intangibles and deferred tax assets; inability to pay dividends or repurchase shares; pending investigations, claims, and disputes; changes in tax rates, tax laws, and the timing and outcome of tax examinations; and risks related to completed strategic transactions. For a written description of these factors, see our most recently filed Annual Report on Form 10-K, our upcoming Annual Report on Form 10-K for the fiscal year ended March 31, 2026, and any updating information in subsequent SEC filings. Forward-looking statements speak only as of the date made. Except as required by law, we assume no obligation to update or revise any forward-looking statements.About Non-GAAP MeasuresIn an effort to provide investors with supplemental financial information, in addition to the preliminary and unaudited financial information presented on a GAAP basis, we also disclose in this press release preliminary non-GAAP information including: earnings before interest and taxes ("EBIT"), EBIT margin, adjusted EBIT, adjusted EBIT margin, non-GAAP diluted EPS, organic revenues, organic revenue growth, free cash flow, and non-GAAP tax rate.We believe EBIT, adjusted EBIT, non-GAAP income before income taxes, non-GAAP net income, non-GAAP net income attributable to DXC common stockholders, and non-GAAP EPS provide investors with useful supplemental information about our operating performance after excluding certain categories of expenses as well as gains and losses on certain dispositions and certain tax adjustments. We believe constant currency revenues provides investors with useful supplemental information about our revenues after excluding the effect of currency exchange rate fluctuations for currencies other than U.S. dollars in the periods presented. See below for a description of the methodology we use to present constant currency revenues.One category of expenses excluded from adjusted EBIT, non-GAAP income before income tax, non-GAAP net income, non-GAAP net income attributable to DXC common stockholders, and non-GAAP EPS, incremental amortization of intangible assets acquired through business combinations, if included, may result in a significant difference in period over period amortization expense on a GAAP basis. We exclude amortization of certain acquired intangible assets as these non-cash amounts are inconsistent in amount and frequency and are significantly impacted by the timing and/or size of acquisitions. Although DXC management excludes amortization of acquired intangible assets, primarily customer-related intangible assets, from its non-GAAP expenses, we believe it is important for investors to understand that such intangible assets were recorded as part of purchase accounting and support revenue generation. Any future transactions may result in a change to the acquired intangible asset balances and associated amortization expense.Another category of expenses excluded from adjusted EBIT, non-GAAP income before income tax, non-GAAP net income, non-GAAP net income attributable to DXC common stockholders, and non-GAAP EPS is impairment losses, which, if included, may result in a significant difference in period-over-period expense on a GAAP basis. We exclude impairment losses as these non-cash amounts reflect generally an acceleration of what would be multiple periods of expense and are not expected to occur frequently. Further, assets such as goodwill may be significantly impacted by market conditions outside of management's control.Selected references are made to revenue growth on an "organic basis" in order that certain financial results can be viewed without the impact of fluctuations in foreign currency rates and without the impacts of acquisitions and divestitures, thereby providing comparisons of operating performance from period to period of the business that we have owned during both periods presented. Organic revenue growth is calculated by dividing the year-over-year change in GAAP revenues attributed to organic growth by the GAAP revenues reported in the prior comparable period. Organic revenue is calculated as constant currency revenue excluding the impact of mergers, acquisitions or similar transactions until the one-year anniversary of the transaction and excluding revenues of divestitures during the reporting period. This approach is used for all results where the functional currency is not the U.S. dollar. We believe organic revenue growth provides investors with useful supplemental information about our revenues after excluding the effect of currency exchange rate fluctuations for currencies other than U.S. dollars and the effects of acquisitions and divestitures in both periods presented.Free cash flow represents cash flow from operations, less capital expenditures. Free cash flow is utilized by our management, investors, and analysts to evaluate cash available for normal business operations, to pay debt, repurchase shares, and provide further investment in the business.There are limitations to the use of the non-GAAP financial measures presented in this report. One of the limitations is that they do not reflect complete financial results. We compensate for this limitation by providing a reconciliation between our non-GAAP financial measures and the respective most directly comparable financial measure calculated and presented in accordance with GAAP. Additionally, other companies, including companies in our industry, may calculate non-GAAP financial measures differently than we do, limiting the usefulness of those measures for comparative purposes between companies. Selected references are made on a "constant currency basis" so that certain financial results can be viewed without the impact of fluctuations in foreign currency rates, thereby providing comparisons of operating performance from period to period. Financial results on a "constant currency basis" are non-GAAP measures calculated by translating current period activity into U.S. Dollars using the comparable prior period's currency conversion rates. This approach is used for all results where the functional currency is not the U.S. Dollar.Condensed Consolidated Statements of Operations
(preliminary and unaudited)

Three Months Ended
Fiscal Years Ended(in millions, except per-share amounts)
March 31, 2026
March 31, 2025
March 31, 2026
March 31, 2025

Revenues
$           3,130
$           3,169
$          12,644
$          12,871

Costs of services
2,407
2,401
9,613
9,770Selling, general and administrative
333
359
1,402
1,348Depreciation and amortization
278
312
1,160
1,287Restructuring costs
23
29
115
153Interest expense
55
58
216
265Interest income
(43)
(46)
(181)
(199)Gain on disposition of businesses
—
—
—
(7)Other expense (income), net
128
(282)
1
(376)Total costs and expenses
3,181
2,831
12,326
12,241

(Loss) income before income taxes
(51)
338
318
630Income tax expense
89
75
290
234Net (loss) income
(140)
263
28
396Less: net income (loss) attributable to non-controlling interest, net of tax
1
(1)
10
7Net (loss) income attributable to DXC common stockholders
$            (141)
$             264
$              18
$             389

(Loss) income per common share:

Basic
$           (0.84)
$             1.46
$             0.10
$             2.15Diluted
$           (0.84)
$             1.43
$             0.10
$             2.10

Weighted average common shares outstanding for:

   Basic EPS
168.33
181.09
175.02
180.68   Diluted EPS
168.33
184.84
178.65
184.92Selected Condensed Consolidated Balance Sheet Data
(preliminary and unaudited)

As of(in millions)
March 31, 2026
March 31, 2025Assets

Cash and cash equivalents
$              1,737
$              1,796Receivables, net
2,973
2,972Prepaid expenses
526
477Other current assets
126
118Total current assets
5,362
5,363

Intangible assets, net
1,612
1,642Operating right-of-use assets, net
663
635Goodwill
527
526Deferred income taxes, net
802
819Property and equipment, net
1,122
1,253Other assets
2,802
2,967Total Assets
$             12,890
$             13,205

Liabilities

Short-term debt and current maturities of long-term debt
$                520
$                880Accounts payable
561
549Accrued payroll and related costs
564
571Operating lease liabilities
232
227Accrued expenses and other current liabilities
1,261
1,358Deferred revenue and advance contract payments
748
762Income taxes payable
53
64Total current liabilities
3,939
4,411

Long-term debt, net of current maturities
3,032
2,996Non-current deferred revenue
559
635Non-current operating lease liabilities
463
444Non-current income tax liabilities and deferred tax liabilities
502
495Non-current pension obligations
385
387Other long-term liabilities
801
347Total Liabilities
9,681
9,715

Total Equity
3,209
3,490

Total Liabilities and Equity
$             12,890
$             13,205Condensed Consolidated Statements of Cash Flows
(preliminary and unaudited)

Fiscal Years Ended(in millions)
March 31, 2026
March 31, 2025Cash flows from operating activities:

Net income
$                 28
$                396Adjustments to reconcile net income to net cash provided by operating activities:

Depreciation and amortization
1,182
1,313Goodwill impairment losses
14
—Operating right-of-use expense
305
309Pension & other post-employment benefits, actuarial & settlement losses (gains)
169
(232)Share-based compensation
86
79Deferred taxes
26
(35)Loss (gain) on dispositions
3
24Provision for losses on accounts receivable
9
12Unrealized foreign currency exchange (gains) losses
(14)
40Impairment losses and contract write-offs
7
32Amortization of debt issuance costs and discount
5
5Cash surrender value in excess of premiums paid
(16)
(12)Other non-cash charges, net
2
7Changes in assets and liabilities, net of effects of acquisitions and dispositions:

Decrease in receivables
294
320(Increase) decrease in prepaid expenses and other current assets
(164)
(81)Decrease in accounts payable and accruals
(275)
(335)(Decrease) increase in income taxes payable and income tax liability
(19)
(57)Decrease in operating lease liability
(305)
(309)Decrease in advance contract payments and deferred revenue
(95)
(78)Other operating activities, net
6
—Net cash provided by operating activities
1,248
1,398

Cash flows from investing activities:

Purchases of property and equipment
(212)
(248)Payments for transition and transformation contract costs
(106)
(135)Software purchased and developed
(217)
(328)Business dispositions
—
26Proceeds from sale of assets
35
161Other investing activities, net
16
12Net cash used in investing activities
(484)
(512)

Cash flows from financing activities:

Borrowings of commercial paper
—
367Repayments of commercial paper
—
(369)Principal payments on long-term debt
(1,062)
—Payments on finance leases and borrowings for asset financing
(188)
(298)Proceeds from bond issuance
742
—Taxes paid related to net share settlements of share-based compensation awards
(14)
(20)Repurchase of common stock
(249)
(14)Other financing activities, net
(5)
17Net cash used in financing activities
(776)
(317)Effect of exchange rate changes on cash and cash equivalents
(47)
3Net (decrease) increase in cash and cash equivalents
(59)
572Cash and cash equivalents at beginning of year
1,796
1,224Cash and cash equivalents at end of year
$              1,737
$              1,796Reconciliation of Non-GAAP Financial MeasuresOur non-GAAP adjustments include:Restructuring costs – includes costs, net of reversals, related to workforce and real estate optimization and other similar charges.Transaction, separation and integration-related ("TSI") costs – includes third party costs related to integration, separation, planning, financing and advisory fees and other similar charges associated with mergers, acquisitions, strategic investments, joint ventures, and dispositions and other similar transactions incurred within one year of such transactions closing, except for costs associated with related disputes, which may arise more than one year after closing.Amortization of acquired intangible assets – includes amortization of intangible assets acquired through business combinations.Pension and OPEB actuarial and settlement gains and losses – pension and OPEB actuarial mark to market adjustments and settlement gains and losses.Merger related indemnification – represents the Company's estimate of potential net liability for tax related indemnifications.Gains and losses on dispositions – gains and losses related to dispositions of businesses, strategic assets and interests in less than wholly-owned entities.Gains and losses on real estate and facility sales – gains and losses related to dispositions of real property.Impairment losses – non-cash charges associated with the permanent reduction in the value of the Company's assets (e.g., impairment of goodwill and other long-term assets including fixed assets and impairments to deferred tax assets for discrete changes in valuation allowances). Future discrete reversals of valuation allowances are likewise excluded.Debt extinguishment costs – costs associated with early retirement, redemption, repayment or repurchase of debt and debt-like items including any breakage, make-whole premium, prepayment penalty or similar costs as well as solicitation and other legal and advisory expenses.Tax adjustments – discrete tax adjustments to impair or recognize certain deferred tax assets, adjustments for changes in tax legislation, tax litigation matters, and adjustments to transition tax. Income tax expense (benefit) from the impact of mergers and divestitures is separately computed based on the underlying transaction. Income tax expense of all other (non-discrete) non-GAAP adjustments is computed by applying the jurisdictional tax rate to the pre-tax adjustments on a jurisdictional basis. In fiscal 2026, includes the unfavorable summary judgment in a tax matter relating to a foreign exchange tax case.Non-GAAP ResultsA reconciliation of reported results to non-GAAP results is as follows:

Three Months Ended March 31, 2026(in millions, except per-share amounts)
AsReported
RestructuringCosts
Transaction, Separation and Integration-Related Costs
Amortizationof AcquiredIntangibleAssets
Merger related Indemnification
(Gains) and Losses onReal Estate, Facility Salesand Dispositions
ImpairmentLosses
Pension and OPEB actuarialand Settlement (Gains) and Losses
Tax Adjustment
Non-GAAPResults(Loss) income from continuing operations, before taxes
$     (51)
$        23
$           1
$         87
$         (3)
$          7
$ 3
$ 158
$ —
$ 225Income tax expense
89
5
—
19
1
2
1
35
(63)
89Net (loss) income
(140)
18
1
68
(4)
5
2
123
63
136Less: net income attributable to non-controlling interest, net of tax
1
—
—
—
—
—
—
2
—
3Net (loss) income attributable to DXC common stockholders
$    (141)
$        18
$           1
$         68
$         (4)
$          5
$ 2
$ 121
$ 63
$ 133

Effective Tax Rate
(174.5) %

39.6 %

Basic EPS
$    (0.84)
$ 0.11
$ 0.01
$ 0.40
$ (0.02)
$ 0.03
$      0.01
$       0.72
$      0.37
$    0.79Diluted EPS
$    (0.84)
$ 0.10
$ 0.01
$ 0.39
$ (0.02)
$ 0.03
$      0.01
$       0.70
$      0.37
$    0.77

Weighted average common shares outstanding for:

Basic EPS
168.33
168.33
168.33
168.33
168.33
168.33
168.33
168.33
168.33
168.33Diluted EPS
168.33
172.38
172.38
172.38
172.38
172.38
172.38
172.38
172.38
172.38

Fiscal Year Ended March 31, 2026(in millions, except per-share amounts)
AsReported
RestructuringCosts
Transaction,Separation andIntegration-Related Costs
Amortizationof AcquiredIntangibleAssets
Merger Related Indemnification
(Gains) and Losses onReal Estate, Facility Salesand Dispositions
Debt ExtinguishmentCosts
ImpairmentLosses
Pension andOPEB Actuarialand Settlement(Gains) andLosses
Tax Adjustment
Non-GAAP ResultsIncome before income taxes
318
115
3
349
(35)
(1)
1
17
169
—
936Income tax expense
290
24
—
71
(1)
1
—
5
37
(80)
347Net income
28
91
3
278
(34)
(2)
1
12
132
80
589Less: net income attributable to non-controlling interest, net of tax
10
—
—
—
—
—
—
—
2
—
12Net income attributable to DXC common stockholders
$    18
$       91
$          3
$       278
$        (34)
$         (2)
$         1
$      12
$         130
$     80
$    577

Effective Tax Rate
91.2 %

37.1 %

Basic EPS
$   0.10
$      0.52
$        0.02
$       1.59
$       (0.19)
$       (0.01)
$       0.01
$     0.07
$         0.74
$    0.46
$    3.30Diluted EPS
$   0.10
$      0.51
$        0.02
$       1.56
$       (0.19)
$       (0.01)
$       0.01
$     0.07
$         0.73
$    0.45
$    3.23

Weighted average common shares outstanding for:

Basic EPS
175.02
175.02
175.02
175.02
175.02
175.02
175.02
175.02
175.02
175.02
175.02Diluted EPS
178.65
178.65
178.65
178.65
178.65
178.65
178.65
178.65
178.65
178.65
178.65

Three Months Ended March 31, 2025(in millions, except per-share amounts)
AsReported
RestructuringCosts
Amortizationof AcquiredIntangibleAssets
Merger related Indemnification
(Gains) and Losses onReal Estate, Facility Salesand Dispositions
ImpairmentLosses
Pension and OPEB actuarialand Settlement (Gains) and Losses
Tax Adjustment
Non-GAAP ResultsIncome from continuing operations, before taxes
338
29
85
2
(9)
5
(232)
—
218Income tax expense
75
8
24
1
3
(1)
(66)
20
64Net income
263
21
61
1
(12)
6
(166)
(20)
154Less: net loss attributable to non-controlling interest, net of tax
(1)
—
—
—
—
—
(1)
—
(2)Net income attributable to DXC common stockholders
$     264
$         21
$           61
$          1
$         (12)
$          6
$        (165)
$      (20)
$    156

Effective Tax Rate
22.2 %

29.4 %

Basic EPS
$    1.46
$        0.12
$          0.34
$        0.01
$        (0.07)
$        0.03
$        (0.91)
$     (0.11)
$    0.86Diluted EPS
$    1.43
$        0.11
$          0.33
$        0.01
$        (0.06)
$        0.03
$        (0.89)
$     (0.11)
$    0.84

Weighted average common shares outstanding for:

Basic EPS
181.09
181.09
181.09
181.09
181.09
181.09
181.09
181.09
181.09Diluted EPS
184.84
184.84
184.84
184.84
184.84
184.84
184.84
184.84
184.84

Fiscal Year Ended March 31, 2025(in millions, except per-share amounts)
AsReported
RestructuringCosts
Transaction,Separation andIntegration-Related Costs
Amortizationof AcquiredIntangibleAssets
Merger Related Indemnification
(Gains) and Losses onReal Estate, Facility Salesand Dispositions
ImpairmentLosses
Pension andOPEB Actuarialand Settlement(Gains) andLosses
Tax Adjustment
Non-GAAPResultsIncome before income taxes
630
153
25
348
2
10
17
(232)
—
953Income tax expense
234
33
5
77
6
6
1
(66)
17
313Net income
396
120
20
271
(4)
4
16
(166)
(17)
640Less: net income attributable to non-controlling interest, net of tax
7
—
—
—
—
—
—
(1)
—
6Net income attributable to DXC common stockholders
$    389
$       120
$           20
$        271
$          (4)
$             4
$       16
$       (165)
$     (17)
$      634

Effective Tax Rate
37.1 %

32.8 %

Basic EPS
$   2.15
$       0.66
$         0.11
$        1.50
$        (0.02)
$           0.02
$      0.09
$       (0.91)
$    (0.09)
$      3.51Diluted EPS
$   2.10
$       0.65
$         0.11
$        1.47
$        (0.02)
$           0.02
$      0.09
$       (0.89)
$    (0.09)
$      3.43

Weighted average common shares outstanding for:

Basic EPS
180.68
180.68
180.68
180.68
180.68
180.68
180.68
180.68
180.68
180.68Diluted EPS
184.92
184.92
184.92
184.92
184.92
184.92
184.92
184.92
184.92
184.92The above tables serve to reconcile the non-GAAP financial measures to the most directly comparable GAAP measures. Please refer to the "About Non-GAAP Measures" section of the press release for further information on the use of these non-GAAP measures.Year-over-Year Organic Revenue Growth

Fiscal Year 2026

Q1 FY26
Q2 FY26
Q3 FY26
Q4 FY26
FY26Total revenue growth
(2.4) %
(2.5) %
(1.0) %
(1.2) %
(1.8) %Foreign currency
(2.0) %
(1.9) %
(3.3) %
(5.4) %
(3.1) %Acquisition and divestitures
0.1 %
0.2 %
— %
— %
0.1 %Organic revenue growth
(4.3) %
(4.2) %
(4.3) %
(6.6) %
(4.8) %

CES revenue growth
(2.7) %
(1.9) %
(0.1) %
1.7 %
(0.8) %Foreign currency
(2.0) %
(1.9) %
(3.5) %
(5.6) %
(3.2) %Acquisition and divestitures
0.3 %
0.4 %
— %
— %
0.2 %CES organic revenue growth
(4.4) %
(3.4) %
(3.6) %
(3.9) %
(3.8) %

GIS revenue growth
(3.5) %
(4.2) %
(2.7) %
(5.0) %
(3.9) %Foreign currency
(2.2) %
(2.1) %
(3.5) %
(5.6) %
(3.3) %Acquisition and divestitures
— %
— %
— %
— %
— %GIS organic revenue growth
(5.7) %
(6.3) %
(6.2) %
(10.6) %
(7.2) %

Insurance revenue growth
5.4 %
4.6 %
4.6 %
7.3 %
5.4 %Foreign currency
(1.8) %
(1.0) %
(1.4) %
(3.3) %
(1.8) %Acquisition and divestitures
— %
— %
— %
— %
— %Insurance organic revenue growth
3.6 %
3.6 %
3.2 %
4.0 %
3.6 %

Fiscal Year 2025

Q1 FY25
Q2 FY25
Q3 FY25
Q4 FY25
FY25Total revenue growth
(6.1) %
(5.7) %
(5.1) %
(6.4) %
(5.8) %Foreign currency
1.4 %
— %
0.7 %
2.1 %
1.0 %Acquisition and divestitures
0.3 %
0.1 %
0.2 %
0.1 %
0.2 %Organic revenue growth
(4.4) %
(5.6) %
(4.2) %
(4.2) %
(4.6) %

CES revenue growth
(3.0) %
(3.3) %
(3.5) %
(6.4) %
(4.0) %Foreign currency
1.7 %
(0.1) %
0.9 %
2.1 %
1.1 %Acquisition and divestitures
0.4 %
— %
0.4 %
0.3 %
0.3 %CES organic revenue growth
(0.9) %
(3.4) %
(2.2) %
(4.0) %
(2.6) %

GIS revenue growth
(10.1) %
(9.2) %
(8.2) %
(7.5) %
(8.8) %Foreign currency
1.3 %
0.1 %
0.8 %
2.2 %
1.1 %Acquisition and divestitures
0.2 %
0.1 %
0.2 %
0.1 %
0.2 %GIS organic revenue growth
(8.6) %
(9.0) %
(7.2) %
(5.2) %
(7.5) %

Insurance revenue growth
5.3 %
5.5 %
6.6 %
— %
4.3 %Foreign currency
0.9 %
(0.2) %
(0.2) %
1.1 %
0.4 %Acquisition and divestitures
— %
— %
— %
— %
— %Insurance organic revenue growth
6.2 %
5.3 %
6.4 %
1.1 %
4.7 %Segment ProfitSegment profit is defined as segment revenues less costs of services, selling, general and administrative, depreciation and amortization, and other segment items. The Company does not allocate to its segments certain operating expenses managed at the corporate level. These unallocated expenses generally include certain corporate function costs, pension and OPEB actuarial and settlement gains and losses, restructuring costs, transaction, separation, and integration-related costs, amortization of acquired intangible assets, impairment losses, gains/(losses) on dispositions of businesses, gains/(losses) on real estate and facility sales, and other costs that do not reflect ongoing segment operating performance. As part of the transition to the new segment structure, the Company updated the assumptions that define which expenses remain in corporate post allocation. The tables below reflect those revised assumptions.

Fiscal Year 2026(in millions)
Q1 FY26
Q2 FY26
Q3 FY26
Q4 FY26
FY26CES profit
$           105
$           145
$           144
$           124
$           518GIS profit
97
122
113
100
432Insurance profit
33
28
35
33
129Corporate expenses
(19)
(41)
(29)
(20)
(109)Adjusted EBIT
216
254
263
237
970Restructuring costs
(37)
(35)
(20)
(23)
(115)Transaction, separation and integration-related costs
(1)
(1)
—
(1)
(3)Amortization of acquired intangible assets
(87)
(88)
(87)
(87)
(349)Merger related indemnification
(2)
—
34
3
35Gains on dispositions
—
1
—
—
1Gains (losses) on real estate and facility sales
—
7
—
(7)
—Impairment losses
(14)
—
—
(3)
(17)Pension and OPEB actuarial and settlement losses
—
—
(11)
(158)
(169)EBIT
75
138
179
(39)
353Interest Income
46
46
46
43
181Interest expense
(54)
(53)
(54)
(55)
(216)Income (loss) before income tax
67
131
171
(51)
318Income tax expense
(49)
(91)
(61)
(89)
(290)Net Income (loss)
$            18
$            40
$           110
$          (140)
$            28

Segment profit margins

CES
8.4 %
11.6 %
11.4 %
9.9 %
10.3 %GIS
6.1 %
7.7 %
7.0 %
6.5 %
6.8 %Insurance
10.5 %
8.8 %
10.9 %
10.2 %
10.1 %

Total Company margins

Adjusted EBIT margin
6.8 %
8.0 %
8.2 %
7.6 %
7.7 %EBIT margin
2.4 %
4.4 %
5.6 %
(1.2) %
2.8 %

Fiscal Year 2025(in millions)
Q1 FY25
Q2 FY25
Q3 FY25
Q4 FY25
FY25CES profit
$           123
$           175
$           164
$           118
$           580GIS profit
101
120
112
98
431Insurance profit
44
37
50
31
162Corporate expenses
(44)
(53)
(40)
(17)
(154)Adjusted EBIT
224
279
286
230
1,019Restructuring costs
(39)
(42)
(43)
(29)
(153)Transaction, separation and integration-related costs
(7)
(15)
(3)
—
(25)Amortization of acquired intangible assets
(87)
(89)
(87)
(85)
(348)Merger related indemnification
—
—
—
(2)
(2)Gains on dispositions
—
5
8
—
13(Losses) gains on real estate and facility sales
(2)
(27)
(3)
9
(23)Impairment losses
—
—
(12)
(5)
(17)Pension and OPEB actuarial and settlement gains
—
—
—
232
232EBIT
89
111
146
350
696Interest Income
51
51
51
46
199Interest expense
(72)
(69)
(66)
(58)
(265)Income before income tax
68
93
131
338
630Income tax expense
(43)
(48)
(68)
(75)
(234)Net Income
$            25
$            45
$            63
$           263
$           396

Segment profit margins

CES
9.6 %
13.7 %
12.9 %
9.6 %
11.5 %GIS
6.1 %
7.2 %
6.8 %
6.0 %
6.5 %Insurance
14.8 %
12.1 %
16.3 %
10.2 %
13.4 %

Total Company margins

Adjusted EBIT margin
6.9 %
8.6 %
8.9 %
7.3 %
7.9 %EBIT margin
2.8 %
3.4 %
4.5 %
11.0 %
5.4 % View original content to download multimedia:https://www.prnewswire.com/news-releases/dxc-technology-reports-fourth-quarter-and-full-fiscal-year-2026-results-302766066.htmlSOURCE DXC Technology Company Original: DXC Technology Reports Fourth Quarter and Full Fiscal Year 2026 Results

DXC Technology Reports Third Quarter Fiscal Year 2026 ResultsJanuary 29, 2026 4:15 PM
PR Newswire (US)

Total revenue of $3.19 billion, down 1.0% YoY (down 4.3% on an organic basis)(1)Bookings of $3.6 billion, book to bill ratio of 1.12xEBIT margin of 5.6%, and adjusted EBIT(2) margin of 8.2%Diluted earnings per share of $0.61 up 96.8% YoY; Non-GAAP diluted earnings per share(3) of $0.96, up 4.3% YoYFree cash flow(4) was $266 million, bringing our year to date total to $603 million, up 4.7% YoYRepurchased $65 million of shares and redeemed $300 million of senior notesASHBURN, Va., Jan. 29, 2026 /PRNewswire/ - DXC Technology (NYSE: DXC) today reported results for the third quarter fiscal 2026.

"We delivered third quarter results with solid profit margins, continued strong free cash flow generation and improved bookings. This reflects disciplined execution across our business," said DXC Technology President and CEO Raul Fernandez. "We are investing across our offerings to energize our Core business while also developing new, differentiated Fast Track solutions for improved future revenue performance. As we continue to expand the use of AI in our solutions, we are helping clients work smarter, move faster and create new sources of value. This is repositioning DXC as a strategic partner in the marketplace."Financial Highlights - Third Quarter Fiscal Year 2026Total revenue was $3.19 billion, down 1.0% year-over-year (down 4.3% on an organic basis).(1)EBIT was $179 million, up 22.6% year-over-year with a corresponding margin of 5.6%. Adjusted EBIT(2) was $263 million, down 8.0% year-over-year, with a corresponding margin(2) of 8.2%.Diluted earnings per share was $0.61, up 96.8% year-over-year. Non-GAAP diluted earnings per share(3) was $0.96, up 4.3% year-over-year.Cash generated from operations was $414 million, down $236 million year-over-year. Free cash flow(4) was $266 million, down $217 million year-over-year. On a year to date basis, free cash flow was $603 million, up $27 million or 4.7% year-over-year.Bookings of $3.6 billion declined 17% year-over-year, with a book to bill ratio of 1.12x. The trailing twelve month book to bill ratio was 1.02x.Returned $65 million of capital to shareholders by repurchasing approximately 4.5 million shares.Redeemed $300 million of the $700 million senior notes that mature in September 2026.(1)Revenue growth on an organic basis is a non-GAAP measure and is calculated by restating current-period activity using the prior fiscal period's foreign currency exchange rates, adjusted for the impact of acquisitions and divestitures. A reconciliation of GAAP to non-GAAP measure are attached to this release.
(2)Adjusted EBIT and Adjusted EBIT margin are non-GAAP measures. Reconciliations of GAAP Net Income to such measures are attached to this release.(3)Non-GAAP diluted earnings per share is a non-GAAP measure. A reconciliation of GAAP diluted earnings per share to non-GAAP diluted per share is attached to this release.(4)Free cash flow is a non-GAAP measure, calculated by subtracting capital expenditures (Purchase of Property, Plant & Equipment, Transition and Transformation Contract Costs and Software Purchased or Developed) from cash flow from operations.Segment Highlights - Third Quarter Fiscal Year 2026Consulting and Engineering Services ("CES")Revenue was $1,266 million, down 0.1% year-over-year (down 3.6% on an organic basis).(1)Segment profit was $144 million, down 12.2% year-over-year, with a corresponding margin of 11.4%.Bookings declined 6% year-over-year, with a book to bill ratio of 1.20x.Trailing Twelve month book to bill ratio of 1.13x.Global Infrastructure Services ("GIS")Revenue was $1,607 million, down 2.7% year-over-year (down 6.2% on an organic basis).(1)Segment profit was $113 million, up 0.9% year-over-year, with a corresponding margin of 7.0%.Bookings declined 26% year-over-year, with a book to bill ratio of 1.09x.Trailing Twelve month book to bill ratio of 0.99x.Insurance Services ("Insurance")Revenue was $321 million, up 4.6% year-over-year (up 3.2% on an organic basis).(1)Segment profit was $35 million, down 30.0% year-over-year, with a corresponding margin of 10.9%.Bookings declined 6% year-over-year, with a book to bill ratio of 0.93x.Trailing Twelve month book to bill ratio of 0.73x.Fourth Quarter and Full Fiscal Year 2026 GuidanceFourth Quarter Fiscal 2026Total revenue in the range of $3.16 billion to $3.19 billion, a decline of 5.0% to 4.0% year-over-year on an organic basis.(1)Adjusted EBIT margin(2) in the range of 6.5% to 7.5%.Non-GAAP Diluted EPS(3) in the range of $0.65 to $0.75.Full Year Fiscal 2026Total revenue of ~$12.69 billion, a decline of ~4.3% year-over-year on an organic basis compared to the prior range of $12.67 billion and $12.81 billion, a decline of 4.5% to 3.5% year-over-year on an organic basis.(1)Adjusted EBIT margin(2) of ~7.5% compared to the prior guide in the range of 7.0% to 8.0%.Non-GAAP diluted EPS(3) of ~$3.15, compared to the prior range of $2.85 to $3.35.Free Cash Flow(4) of ~$650 million.Additional metrics for the fourth quarter and full year fiscal 2026 guidance are presented in the table below. Revenue
Q4 FY26
Guidance
FY26 Guidance
Low
EndHigh
End

YoY Organic Revenue %
(5.0) %(4.0) %
(4.3) %Acquisition & Divestitures Revenues %
— %
(0.1) %Foreign Exchange Impact on Revenues %
4.6 %
3.0 %Others

Non-GAAP Net Interest Expense ($M)
$16
$37Non-GAAP Tax Rate
~40%
~37%Foreign Exchange Assumptions
Current Estimate
Current Estimate$/Euro Exchange Rate
$1.16
$1.16$/GBP Exchange Rate
$1.34
$1.34$/AUD Exchange Rate
$0.65
$0.65DXC does not provide reconciliations of non-GAAP measures included in its guidance because certain key information necessary for such reconciliations—most notably the impact of significant non-recurring items—is unavailable without unreasonable effort or may not be available at all. As a result, DXC believes any such reconciliation would not be meaningful.Earnings Conference Call and Webcast DXC Technology senior management will host a conference call and webcast to discuss third quarter fiscal 2026 results at 5:00 p.m. ET on January 29, 2026. The dial-in number for domestic callers is 888-330-2455. Callers who reside outside of the United States should dial +1-240-789-2717. The passcode for all participants is 4164760#. The webcast audio and any presentation slides will be available through a link posted on DXC Technology's Investor Relations website.A replay of the conference call will be available approximately two hours after its conclusion until 11:59 PM ET on February 5, 2026, at 800-770-2030 for domestic callers and at +1-647-362-9199 for international callers. The replay passcode is 4164760#. A transcript of the conference call will be posted on DXC Technology's Investor Relations website.About DXC TechnologyDXC Technology (NYSE: DXC) is a leading enterprise technology and innovation partner delivering software, services, and solutions to global enterprises and public sector organizations — helping them harness AI to drive outcomes at a time of exponential change with speed. With deep expertise in Managed Infrastructure Services, Application Modernization, and Industry-Specific Software Solutions, DXC modernizes, secures, and operates some of the world's most complex technology estates. Learn more on DXC.com.Forward-Looking StatementsExcept for the historical information and discussions contained herein, statements contained in this document may constitute "forward-looking statements" that are based on the Company's current assumptions regarding future operating or financial performance. These statements involve numerous risks, uncertainties and other important factors that could cause actual results to differ materially from those described in forward-looking statements, many of which are outside of our control, and include, but are not limited to: our inability to succeed in our strategic objectives; the risk of liability, reputational damages or adverse impact to business due to service interruptions from security breaches, cyber-attacks, other security incidents or disclosure of confidential information or personal data; compliance, or failure to comply, with obligations arising under new or existing laws, regulations, and customer contracts relating to the privacy, security and handling of personal data; our product and service quality issues; our inability to develop and expand our service offerings to address emerging business demands and technological trends, including our inability to sell differentiated services amongst our offerings and the competitive pressures faced by our business; our inability to compete in certain markets and expand our capacity in certain offshore locations; failure to maintain our credit rating and ability to manage working capital, refinance and raise additional capital for future needs; difficulty in understanding the changes to our business model by the investment community or industry analysts or our failure to meet our publicly announced financial guidance; public health crises; our indebtedness and potential material adverse effect on our financial condition and results of operations; our inability to accurately estimate the cost of services, and the completion timeline of contracts; failure by us or third party partners to deliver on commitments or otherwise breach obligations to our customers; the risks associated with climate change and natural disasters; increased scrutiny of, and evolving expectations for, sustainability and environmental, social and governance initiatives; our inability to attract and retain key personnel and maintain relationships with key partners; the risks associated with prolonged periods of inflation or adverse changes in macroeconomic conditions; the risks associated with our international operations, such as risks related to currency exchange rates; our inability to comply with existing and new laws and regulations, including social and environmental responsibility regulations, policies and provisions; our inability to achieve the expected benefits of our restructuring plans; our inadvertent infringement of third-party intellectual property rights or infringement of our intellectual property rights by third parties; our inability to procure third-party licenses required for the operation of our products and service offerings; risks associated with disruption of our supply chain or increases in procurement costs, including as a result of ongoing trade tensions and tariff changes; our inability to maintain effective disclosure controls and internal control over financial reporting; potential losses due to asset impairment charges; our inability to pay dividends or repurchase shares of our common stock; pending investigations, claims and disputes and any adverse impact on our profitability and liquidity; disruptions in the credit markets, including disruptions that reduce our customers' access to credit and increase the costs to our customers of obtaining credit; counterparty default risk in our hedging program; our failure to bid on projects effectively; financial difficulties of our customers and our inability to collect receivables; our inability to maintain and grow our customer relationships over time and to comply with customer contracts or government contracting regulations or requirements; our inability to succeed in our strategic transactions; changes in tax rates, tax laws, and the timing and outcome of tax examinations; risks related to our completed strategic transactions; volatility of the price of our securities, which is subject to market and other conditions. For a written description of these factors, see our Annual Report on Form 10-K for the fiscal year ended March 31, 2025, and any updating information in subsequent SEC filings. Any forward-looking statement contained herein speaks only as of the date on which it is made. Except as required by law, we assume no obligation to update or revise any forward-looking statements.About Non-GAAP MeasuresIn an effort to provide investors with supplemental financial information, in addition to the preliminary and unaudited financial information presented on a GAAP basis, we also disclose in this press release preliminary non-GAAP information including: earnings before interest and taxes ("EBIT"), EBIT margin, adjusted EBIT, adjusted EBIT margin, non-GAAP diluted EPS, organic revenues, organic revenue growth, free cash flow, and non-GAAP tax rate.We believe EBIT, adjusted EBIT, non-GAAP income before income taxes, non-GAAP net income, non-GAAP net income attributable to DXC common stockholders, and non-GAAP EPS provide investors with useful supplemental information about our operating performance after excluding certain categories of expenses as well as gains and losses on certain dispositions and certain tax adjustments. We believe constant currency revenues provides investors with useful supplemental information about our revenues after excluding the effect of currency exchange rate fluctuations for currencies other than U.S. dollars in the periods presented. See below for a description of the methodology we use to present constant currency revenues.One category of expenses excluded from adjusted EBIT, non-GAAP income before income tax, non-GAAP net income, non-GAAP net income attributable to DXC common stockholders, and non-GAAP EPS, incremental amortization of intangible assets acquired through business combinations, if included, may result in a significant difference in period over period amortization expense on a GAAP basis. We exclude amortization of certain acquired intangible assets as these non-cash amounts are inconsistent in amount and frequency and are significantly impacted by the timing and/or size of acquisitions. Although DXC management excludes amortization of acquired intangible assets, primarily customer-related intangible assets, from its non-GAAP expenses, we believe it is important for investors to understand that such intangible assets were recorded as part of purchase accounting and support revenue generation. Any future transactions may result in a change to the acquired intangible asset balances and associated amortization expense.Another category of expenses excluded from adjusted EBIT, non-GAAP income before income tax, non-GAAP net income, non-GAAP net income attributable to DXC common stockholders, and non-GAAP EPS is impairment losses, which, if included, may result in a significant difference in period-over-period expense on a GAAP basis. We exclude impairment losses as these non-cash amounts reflect generally an acceleration of what would be multiple periods of expense and are not expected to occur frequently. Further, assets such as goodwill may be significantly impacted by market conditions outside of management's control.Selected references are made to revenue growth on an "organic basis" in order that certain financial results can be viewed without the impact of fluctuations in foreign currency rates and without the impacts of acquisitions and divestitures, thereby providing comparisons of operating performance from period to period of the business that we have owned during both periods presented. Organic revenue growth is calculated by dividing the year-over-year change in GAAP revenues attributed to organic growth by the GAAP revenues reported in the prior comparable period. Organic revenue is calculated as constant currency revenue excluding the impact of mergers, acquisitions or similar transactions until the one-year anniversary of the transaction and excluding revenues of divestitures during the reporting period. This approach is used for all results where the functional currency is not the U.S. dollar. We believe organic revenue growth provides investors with useful supplemental information about our revenues after excluding the effect of currency exchange rate fluctuations for currencies other than U.S. dollars and the effects of acquisitions and divestitures in both periods presented.Free cash flow represents cash flow from operations, less capital expenditures. Free cash flow is utilized by our management, investors, and analysts to evaluate cash available for normal business operations, to pay debt, repurchase shares, and provide further investment in the business.There are limitations to the use of the non-GAAP financial measures presented in this report. One of the limitations is that they do not reflect complete financial results. We compensate for this limitation by providing a reconciliation between our non-GAAP financial measures and the respective most directly comparable financial measure calculated and presented in accordance with GAAP. Additionally, other companies, including companies in our industry, may calculate non-GAAP financial measures differently than we do, limiting the usefulness of those measures for comparative purposes between companies. Selected references are made on a "constant currency basis" so that certain financial results can be viewed without the impact of fluctuations in foreign currency rates, thereby providing comparisons of operating performance from period to period. Financial results on a "constant currency basis" are non-GAAP measures calculated by translating current period activity into U.S. Dollars using the comparable prior period's currency conversion rates. This approach is used for all results where the functional currency is not the U.S. Dollar.Condensed Consolidated Statements of Operations
(preliminary and unaudited)

Three Months Ended
Nine Months Ended(in millions, except per-share amounts)
December 31,
2025
December 31,
2024
December 31,
2025
December 31,
2024

Revenues
$                 3,194
$                 3,225
$                 9,514
$                 9,702

Costs of services
2,435
2,416
7,206
7,369Selling, general and administrative
309
335
1,069
989Depreciation and amortization
283
320
882
975Restructuring costs
20
43
92
124Interest expense
54
66
161
207Interest income
(46)
(51)
(138)
(153)Gain on disposition of businesses
—
(7)
—
(7)Other income, net
(32)
(28)
(127)
(94)Total costs and expenses
3,023
3,094
9,145
9,410

Income before income taxes
171
131
369
292Income tax expense
61
68
201
159Net income
110
63
168
133Less: net income attributable to non-controlling interest, net of tax
3
6
9
8Net income attributable to DXC common stockholders
$                    107
$                      57
$                    159
$                    125

Income per common share:

Basic
$                   0.62
$                   0.31
$                   0.90
$                   0.69Diluted
$                   0.61
$                   0.31
$                   0.88
$                   0.68

Weighted average common shares outstanding for:

   Basic EPS
173.13
181.02
177.21
180.54   Diluted EPS
175.75
184.77
180.16
184.65Selected Condensed Consolidated Balance Sheet Data
(preliminary and unaudited)

As of(in millions)
December 31, 2025
March 31, 2025Assets

Cash and cash equivalents
$                      1,731
$                      1,796Receivables, net
2,908
2,972Prepaid expenses
518
477Other current assets
113
118Total current assets
5,270
5,363

Intangible assets, net
1,767
1,642Operating right-of-use assets, net
667
635Goodwill
530
526Deferred income taxes, net
783
819Property and equipment, net
1,165
1,253Other assets
2,995
2,967Total Assets
$                    13,177
$                    13,205

Liabilities

Short-term debt and current maturities of long-term debt
$                         532
$                         880Accounts payable
582
549Accrued payroll and related costs
543
571Operating lease liabilities
233
227Accrued expenses and other current liabilities
1,295
1,358Deferred revenue and advance contract payments
724
762Income taxes payable
—
64Total current liabilities
3,909
4,411

Long-term debt, net of current maturities
3,092
2,996Non-current deferred revenue
571
635Non-current operating lease liabilities
466
444Non-current income tax liabilities and deferred tax liabilities
500
495Other long-term liabilities
1,226
734Total Liabilities
9,764
9,715

Total Equity
3,413
3,490

Total Liabilities and Equity
$                    13,177
$                    13,205Condensed Consolidated Statements of Cash Flows
(preliminary and unaudited)

Nine Months Ended(in millions)
December 31, 2025
December 31, 2024Cash flows from operating activities:

Net income
$                         168
$                         133Adjustments to reconcile net income to net cash provided by operating activities:

Depreciation and amortization
899
995 Goodwill impairment losses
14
— Operating right-of-use expense
229
235 Pension & other post-employment benefits, actuarial & settlement losses
11
— Share-based compensation
69
59 Deferred taxes
65
(182) (Gain) loss on dispositions
(3)
30 Provision for losses on accounts receivable
6
9 Unrealized foreign currency exchange (gain) loss
(54)
33 Impairment losses and contract write-offs
4
25 Other non-cash charges, net
(8)
3Changes in assets and liabilities:

Decrease in assets
260
334 Decrease in operating lease liability
(229)
(235) Decrease in other liabilities
(422)
(356)Net cash provided by operating activities
1,009
1,083

Cash flows from investing activities:

Purchases of property and equipment
(142)
(171) Payments for transition and transformation contract costs
(85)
(106) Software purchased and developed
(179)
(230) Business dispositions
—
26 Proceeds from sale of assets
26
126 Other investing activities, net
15
12Net cash used in investing activities
(365)
(343)

Cash flows from financing activities:

Borrowings of commercial paper
—
367 Repayments of commercial paper
—
(369) Principal payments on long-term debt
(1,062)
— Payments on finance leases and borrowings for asset financing
(154)
(242) Proceeds from bond issuance
747
— Taxes paid related to net share settlements of share-based compensation awards
(13)
(18) Repurchase of common stock
(188)
(14) Other financing activities, net
(4)
19Net cash used in financing activities
(674)
(257)Effect of exchange rate changes on cash and cash equivalents
(35)
16Net (decrease) increase in cash and cash equivalents
(65)
499Cash and cash equivalents at beginning of year
1,796
1,224Cash and cash equivalents at end of period
$                      1,731
$                      1,723Reconciliation of Non-GAAP Financial MeasuresOur non-GAAP adjustments include:Restructuring costs – includes costs, net of reversals, related to workforce and real estate optimization and other similar charges.Transaction, separation and integration-related ("TSI") costs – includes third party costs related to integration, separation, planning, financing and advisory fees and other similar charges associated with mergers, acquisitions, strategic investments, joint ventures, and dispositions and other similar transactions incurred within one year of such transactions closing, except for costs associated with related disputes, which may arise more than one year after closing.Amortization of acquired intangible assets – includes amortization of intangible assets acquired through business combinations.Pension and OPEB actuarial and settlement gains and losses – pension and OPEB actuarial mark to market adjustments and settlement gains and losses.Merger-related indemnification – represents the Company's estimate of potential net liability for tax related indemnifications.Gains and losses on dispositions – gains and losses related to dispositions of businesses, strategic assets and interests in less than wholly-owned entities.Gains and losses on real estate and facility sales – gains and losses related to dispositions of real property.Impairment losses – non-cash charges associated with the permanent reduction in the value of the Company's assets (e.g., impairment of goodwill and other long-term assets including fixed assets and impairments to deferred tax assets for discrete changes in valuation allowances). Future discrete reversals of valuation allowances are likewise excluded.Debt extinguishment costs – costs associated with early retirement, redemption, repayment or repurchase of debt and debt-like items including any breakage, make-whole premium, prepayment penalty or similar costs as well as solicitation and other legal and advisory expenses.Tax adjustments – discrete tax adjustments to impair or recognize certain deferred tax assets, adjustments for changes in tax legislation and the impact of mergers and divestitures. Income tax expense of all other (non-discrete) non-GAAP adjustments is based on the difference in the GAAP annual effective tax rate (AETR) and overall non-GAAP provision (consistent with the GAAP methodology).Non-GAAP ResultsA reconciliation of reported results to non-GAAP results is as follows:

Three Months Ended December 31, 2025(in millions, except per-share amounts)
AsReported
RestructuringCosts
Amortization of AcquiredIntangibleAssets
Merger RelatedIndemnification
Debt
Extinguishment
Costs
Pension and
OPEB actuarial
and settlement
gains and losses
Tax
Adjustment
Non-GAAPResultsIncome before income taxes
$                 171
$                       20
$                         87
$                      (34)
$                       1
$                       11
$                 —
$          256Income tax expense
61
4
17
—
—
2
1
85Net income
110
16
70
(34)
1
9
(1)
171Less: net income attributable to non-controlling interest, net of tax
3
—
—
—
—
—
—
3Net income attributable to DXC common stockholders
$                 107
$                       16
$                         70
$                      (34)
$                       1
$                         9
$                 (1)
$          168

Effective Tax Rate
35.7 %

33.2 %

Basic EPS
$                0.62
$                    0.09
$                      0.40
$                   (0.20)
$                  0.01
$                    0.05
$            (0.01)
$         0.97Diluted EPS
$                0.61
$                    0.09
$                      0.40
$                   (0.19)
$                  0.01
$                    0.05
$            (0.01)
$         0.96

Weighted average common shares outstanding for:

Basic EPS
173.13
173.13
173.13
173.13
173.13
173.13
173.13
173.13Diluted EPS
175.75
175.75
175.75
175.75
175.75
175.75
175.75
175.75

Nine Months Ended December 31, 2025(in millions, except per-share amounts)
AsReported
RestructuringCosts
Transaction,Separation andIntegration-
Related Costs
Amortization of AcquiredIntangibleAssets
Merger RelatedIndemnification
(Gains) and
Losses on Real
Estate, Facility
Sales and
Dispositions
Debt
Extinguishment
Costs
Impairment
Losses
Pension and
OPEB actuarial
and settlement
gains and losses
Tax
Adjustment
Non-GAAPResultsIncome before income taxes
369
92
2
262
(32)
(8)
1
14
11
—
711Income tax expense
201
19
—
52
(2)
(1)
—
4
2
(17)
258Net income
168
73
2
210
(30)
(7)
1
10
9
17
453Less: net income
attributable to non-
controlling interest, net of
tax
9
—
—
—
—
—
—
—
—
—
9Net income attributable to
DXC common
stockholders
$        159
$                73
$                        2
$                 210
$                   (30)
$                      (7)
$                     1
$               10
$                         9
$             17
$          444

Effective Tax Rate
54.5 %

36.3 %

Basic EPS
$       0.90
$             0.41
$                   0.01
$                1.19
$                 (0.17)
$                 (0.04)
$                0.01
$            0.06
$                    0.05
$          0.10
$         2.51Diluted EPS
$       0.88
$             0.41
$                   0.01
$                1.17
$                 (0.17)
$                 (0.04)
$                0.01
$            0.06
$                    0.05
$          0.09
$         2.46

Weighted average
common shares
outstanding for:

Basic EPS
177.21
177.21
177.21
177.21
177.21
177.21
177.21
177.21
177.21
177.21
177.21Diluted EPS
180.16
180.16
180.16
180.16
180.16
180.16
180.16
180.16
180.16
180.16
180.16

Three Months Ended December 31, 2024(in millions, except per-share amounts)
AsReported
RestructuringCosts
Transaction,Separation andIntegration-
Related Costs
Amortization of AcquiredIntangibleAssets
(Gains) and
Losses on Real
Estate, Facility
Sales and
Dispositions
Impairment
Losses
Tax
Adjustment
Non-GAAPResultsIncome before income taxes
131
43
3
87
(5)
12
—
271Income tax expense
68
9
1
18
(5)
2
2
95Net income
63
34
2
69
—
10
(2)
176Less: net income attributable to non-controlling
interest, net of tax
6
—
—
—
—
—
—
6Net income attributable to DXC common
stockholders
$              57
$                      34
$                           2
$                         69
$                        —
$                   10
$                    (2)
$                 170

Effective Tax Rate
51.9 %

35.1 %

Basic EPS
$           0.31
$                  0.19
$                     0.01
$                     0.38
$                        —
$               0.06
$              (0.01)
$                0.94Diluted EPS
$           0.31
$                  0.18
$                     0.01
$                     0.37
$                        —
$               0.05
$              (0.01)
$                0.92

Weighted average common shares outstanding
for:

Basic EPS
181.02
181.02
181.02
181.02
181.02
181.02
181.02
181.02Diluted EPS
184.77
184.77
184.77
184.77
184.77
184.77
184.77
184.77

Nine Months Ended December 31, 2024(in millions, except per-share amounts)
AsReported
RestructuringCosts
Transaction,Separation andIntegration-
Related Costs
Amortization of AcquiredIntangibleAssets
Merger RelatedIndemnification
(Gains) and
Losses on Real
Estate, Facility
Sales and
Dispositions
Impairment
Losses
Tax
Adjustment
Non-GAAPResultsIncome before income taxes
292
124
25
263
—
19
12
—
735Income tax expense
159
25
5
53
5
3
2
(3)
249Net income
133
99
20
210
(5)
16
10
3
486Less: net income attributable
to non-controlling interest,
net of tax
8
—
—
—
—
—
—
—
8Net income attributable to
DXC common stockholders
$           125
$                     99
$                          20
$                       210
$                         (5)
$                            16
$                 10
$                      3
$             478

Effective Tax Rate
54.5 %

33.9 %

Basic EPS
$          0.69
$                 0.55
$                       0.11
$                     1.16
$                   (0.03)
$                         0.09
$             0.06
$                0.02
$            2.65Diluted EPS
$          0.68
$                 0.54
$                       0.11
$                     1.14
$                   (0.03)
$                         0.09
$             0.05
$                0.02
$            2.59

Weighted average common
shares outstanding for:

Basic EPS
180.54
180.54
180.54
180.54
180.54
180.54
180.54
180.54
180.54Diluted EPS
184.65
184.65
184.65
184.65
184.65
184.65
184.65
184.65
184.65The above tables serve to reconcile the non-GAAP financial measures to the most directly comparable GAAP measures. Please refer to the "About Non-GAAP Measures" section of the press release for further information on the use of these non-GAAP measures.Year-over-Year Organic Revenue Growth

Three Months Ended
Nine Months Ended

December 31, 2025
December 31, 2024
December 31, 2025
December 31, 2024Total revenue growth
(1.0) %
(5.1) %
(1.9) %
(5.6) %Foreign currency
(3.3) %
0.7 %
(2.5) %
0.7 %Acquisition and divestitures
— %
0.2 %
0.1 %
0.2 %Organic revenue growth
(4.3) %
(4.2) %
(4.3) %
(4.7) %

CES revenue growth
(0.1) %
(3.5) %
(1.6) %
(3.2) %Foreign currency
(3.5) %
0.9 %
(2.5) %
0.8 %Acquisition and divestitures
— %
0.4 %
0.3 %
0.2 %CES organic revenue growth
(3.6) %
(2.2) %
(3.8) %
(2.2) %

GIS revenue growth
(2.7) %
(8.2) %
(3.5) %
(9.2) %Foreign currency
(3.5) %
0.8 %
(2.6) %
0.7 %Acquisition and divestitures
— %
0.2 %
— %
0.2 %GIS organic revenue growth
(6.2) %
(7.2) %
(6.1) %
(8.3) %

Insurance revenue growth
4.6 %
6.6 %
4.8 %
5.8 %Foreign currency
(1.4) %
(0.2) %
(1.4) %
0.2 %Acquisition and divestitures
— %
— %
— %
— %Insurance organic revenue growth
3.2 %
6.4 %
3.4 %
6.0 %Segment ProfitSegment profit is defined as segment revenues less costs of services, selling, general and administrative, depreciation and amortization, and other segment items. The Company does not allocate to its segments certain operating expenses managed at the corporate level. These unallocated expenses generally include certain corporate function costs, pension and OPEB actuarial and settlement gains and losses, restructuring costs, transaction, separation, and integration-related costs, amortization of acquired intangible assets, impairment losses, gains/(losses) on dispositions of businesses, gains/(losses) on real estate and facility sales, and other costs that do not reflect ongoing segment operating performance. As part of the transition to the new segment structure, the Company updated the assumptions that define which expenses remain in corporate post allocation. The tables below reflect those revised assumptions.

Three Months Ended
Nine Months Ended(in millions)
December 31, 2025
December 31, 2024
December 31, 2025
December 31, 2024CES profit
$                      144
$                      164
$                      394
$                      462GIS profit
113
112
332
333Insurance profit
35
50
96
131Corporate expenses
(29)
(40)
(89)
(137)Adjusted EBIT
263
286
733
789Restructuring costs
(20)
(43)
(92)
(124)Transaction, separation and integration-related costs
—
(3)
(2)
(25)Amortization of acquired intangible assets
(87)
(87)
(262)
(263)Merger related indemnification
34
—
32
—Gains on dispositions
—
8
1
13(Losses) gains on real estate and facility sales
—
(3)
7
(32)Impairment losses
—
(12)
(14)
(12)Pension and OPEB actuarial and settlement losses
(11)
—
(11)
—EBIT
179
146
392
346Interest Income
46
51
138
153Interest expense
(54)
(66)
(161)
(207)Income before income tax
171
131
369
292Income tax expense
(61)
(68)
(201)
(159)Net Income
$                      110
$                        63
$                      168
$                      133

Segment profit margins

CES
11.4 %
12.9 %
10.5 %
12.1 %GIS
7.0 %
6.8 %
6.9 %
6.7 %Insurance
10.9 %
16.3 %
10.1 %
14.4 %

Total Company margins

Adjusted EBIT margin
8.2 %
8.9 %
7.7 %
8.1 %EBIT margin
5.6 %
4.5 %
4.1 %
3.6 %

View original content to download multimedia:https://www.prnewswire.com/news-releases/dxc-technology-reports-third-quarter-fiscal-year-2026-results-302674325.htmlSOURCE DXC Technology Company

Original: DXC Technology Reports Third Quarter Fiscal Year 2026 Results