CONDUENT IncCNDTEarnings & Financial Report
Conduent Inc. is an American business services provider company headquartered in Florham Park, New Jersey. It was formed in 2017 as a divestiture from Xerox. The company offers digital platforms for businesses and governments. As of 2026, it has over 54,000 employees working across 24 countries.
Revenue
$754.0M
Gross Profit
$137.0M
Operating Profit
$-38.0M
Net Profit
$-40.0M
Gross Margin
18.2%
Operating Margin
-5.0%
Net Margin
-5.3%
YoY Growth
-8.9%
EPS
$-0.26
CONDUENT Inc Q2 FY2025 Financial Summary
CONDUENT Inc reported revenue of $754.0M (down 8.9% YoY) for Q2 FY2025, with a net profit of $-40.0M (down 118.5% YoY) (-5.3% margin). Cost of goods sold was $617.0M, operating expenses totaled $175.0M.
Key Financial Metrics
| Total Revenue | $754.0M |
|---|---|
| Net Profit | $-40.0M |
| Gross Margin | 18.2% |
| Operating Margin | -5.0% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
CONDUENT Inc Q2 FY2025 revenue of $754.0M breaks down across 8 segments, led by Government Services And Health at $137.0M (18.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Government Services And Health | $137.0M | 18.2% |
| Integrated Digital Solutions | $128.0M | 17.0% |
| Customer Experience Management | $122.0M | 16.2% |
| Government Services Solutions | $101.0M | 13.4% |
| Transit | $92.0M | 12.2% |
| Other | $92.0M | 12.2% |
| Roadway Charging Management Services | $59.0M | 7.8% |
| Transferred At Point In Time | $23.0M | 3.1% |
CONDUENT Inc Revenue by Segment — Quarterly Trend
CONDUENT Inc revenue by segment across the last 4 reported quarters, showing how each business line (such as Government Services And Health and Integrated Digital Solutions) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Government Services And Health | — | $132.0M | $137.0M | $126.0M |
| Integrated Digital Solutions | $134.0M | $128.0M | $128.0M | $141.0M |
| Customer Experience Management | $127.0M | $122.0M | $122.0M | $144.0M |
| Government Services Solutions | $93.0M | $106.0M | $101.0M | $90.0M |
| Transit | — | $102.0M | $92.0M | $68.0M |
CONDUENT Inc Annual Revenue by Year
CONDUENT Inc annual revenue history includes year-by-year totals (for example, 2025 revenue was $3.0B).
| Year | Annual Revenue |
|---|---|
| 2025 | $3.0B |
| 2024 | $3.4B |
| 2023 | $3.7B |
| 2022 | $3.9B |
CONDUENT Inc Quarterly Revenue & Net Profit History
CONDUENT Inc results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $770.0M | -3.8% | $-33.0M | -4.3% |
| Q3 FY2025 | $767.0M | -5.0% | $-46.0M | -6.0% |
| Q2 FY2025 | $754.0M | -8.9% | $-40.0M | -5.3% |
| Q1 FY2025 | $751.0M | -18.5% | $-51.0M | -6.8% |
| Q4 FY2024 | $800.0M | -16.1% | $-12.0M | -1.5% |
| Q3 FY2024 | $807.0M | -13.4% | $123.0M | 15.2% |
| Q2 FY2024 | $828.0M | -9.5% | $216.0M | 26.1% |
| Q1 FY2024 | $921.0M | -0.1% | $99.0M | 10.7% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $921.0M | $828.0M | $807.0M | $800.0M | $751.0M | $754.0M | $767.0M | $770.0M |
| YoY Growth | -0.1% | -9.5% | -13.4% | -16.1% | -18.5% | -8.9% | -5.0% | -3.8% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.06B | $2.78B | $2.84B | $2.60B | $2.53B | $2.49B | $2.50B | $2.40B |
| Liabilities | $2.21B | $1.88B | $1.82B | $1.61B | $1.59B | $1.57B | $1.64B | $1.57B |
| Equity | $701.0M | $751.0M | $877.0M | $839.0M | $800.0M | $777.0M | $717.0M | $685.0M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-37.0M | $-41.0M | $-13.0M | $41.0M | $-58.0M | $-15.0M | $-39.0M | $39.0M |