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Side-by-side financial comparison of CONDUENT Inc (CNDT) and CARTERS INC (CRI). Click either name above to swap in a different company.

CONDUENT Inc is the larger business by last-quarter revenue ($770.0M vs $757.8M, roughly 1.0× CARTERS INC). CARTERS INC runs the higher net margin — 1.5% vs -4.3%, a 5.8% gap on every dollar of revenue. On growth, CARTERS INC posted the faster year-over-year revenue change (-0.1% vs -3.8%). CONDUENT Inc produced more free cash flow last quarter ($24.0M vs $-144.1M).

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.

Carter's, Inc. is a major American designer and marketer of children's apparel. It was founded in 1865 by William Carter.

CNDT vs CRI — Head-to-Head

Bigger by revenue
CNDT
CNDT
1.0× larger
CNDT
$770.0M
$757.8M
CRI
Growing faster (revenue YoY)
CRI
CRI
+3.7% gap
CRI
-0.1%
-3.8%
CNDT
Higher net margin
CRI
CRI
5.8% more per $
CRI
1.5%
-4.3%
CNDT
More free cash flow
CNDT
CNDT
$168.1M more FCF
CNDT
$24.0M
$-144.1M
CRI

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
CNDT
CNDT
CRI
CRI
Revenue
$770.0M
$757.8M
Net Profit
$-33.0M
$11.6M
Gross Margin
19.0%
45.1%
Operating Margin
-3.6%
3.8%
Net Margin
-4.3%
1.5%
Revenue YoY
-3.8%
-0.1%
Net Profit YoY
-175.0%
-80.1%
EPS (diluted)
$-0.25
$0.32

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CNDT
CNDT
CRI
CRI
Q4 25
$770.0M
Q3 25
$767.0M
$757.8M
Q2 25
$754.0M
$585.3M
Q1 25
$751.0M
$629.8M
Q4 24
$800.0M
Q3 24
$807.0M
Q2 24
$828.0M
Q1 24
$921.0M
Net Profit
CNDT
CNDT
CRI
CRI
Q4 25
$-33.0M
Q3 25
$-46.0M
$11.6M
Q2 25
$-40.0M
$446.0K
Q1 25
$-51.0M
$15.5M
Q4 24
$-12.0M
Q3 24
$123.0M
Q2 24
$216.0M
Q1 24
$99.0M
Gross Margin
CNDT
CNDT
CRI
CRI
Q4 25
19.0%
Q3 25
17.7%
45.1%
Q2 25
18.2%
48.1%
Q1 25
17.7%
46.2%
Q4 24
17.3%
Q3 24
18.7%
Q2 24
18.2%
Q1 24
20.2%
Operating Margin
CNDT
CNDT
CRI
CRI
Q4 25
-3.6%
Q3 25
-5.0%
3.8%
Q2 25
-5.0%
0.7%
Q1 25
-7.5%
4.1%
Q4 24
-10.3%
Q3 24
19.7%
Q2 24
36.2%
Q1 24
13.8%
Net Margin
CNDT
CNDT
CRI
CRI
Q4 25
-4.3%
Q3 25
-6.0%
1.5%
Q2 25
-5.3%
0.1%
Q1 25
-6.8%
2.5%
Q4 24
-1.5%
Q3 24
15.2%
Q2 24
26.1%
Q1 24
10.7%
EPS (diluted)
CNDT
CNDT
CRI
CRI
Q4 25
$-0.25
Q3 25
$-0.30
$0.32
Q2 25
$-0.26
$0.01
Q1 25
$-0.33
$0.43
Q4 24
$-0.02
Q3 24
$0.72
Q2 24
$1.07
Q1 24
$0.46

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CNDT
CNDT
CRI
CRI
Cash + ST InvestmentsLiquidity on hand
$233.0M
$184.2M
Total DebtLower is stronger
$665.0M
Stockholders' EquityBook value
$685.0M
$864.6M
Total Assets
$2.4B
$2.5B
Debt / EquityLower = less leverage
0.97×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNDT
CNDT
CRI
CRI
Q4 25
$233.0M
Q3 25
$248.0M
$184.2M
Q2 25
$275.0M
$338.2M
Q1 25
$277.0M
$320.8M
Q4 24
$366.0M
Q3 24
$393.0M
Q2 24
$300.0M
Q1 24
$415.0M
Total Debt
CNDT
CNDT
CRI
CRI
Q4 25
$665.0M
Q3 25
Q2 25
Q1 25
Q4 24
$615.0M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CNDT
CNDT
CRI
CRI
Q4 25
$685.0M
Q3 25
$717.0M
$864.6M
Q2 25
$777.0M
$853.9M
Q1 25
$800.0M
$847.2M
Q4 24
$839.0M
Q3 24
$877.0M
Q2 24
$751.0M
Q1 24
$701.0M
Total Assets
CNDT
CNDT
CRI
CRI
Q4 25
$2.4B
Q3 25
$2.5B
$2.5B
Q2 25
$2.5B
$2.5B
Q1 25
$2.5B
$2.3B
Q4 24
$2.6B
Q3 24
$2.8B
Q2 24
$2.8B
Q1 24
$3.1B
Debt / Equity
CNDT
CNDT
CRI
CRI
Q4 25
0.97×
Q3 25
Q2 25
Q1 25
Q4 24
0.73×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CNDT
CNDT
CRI
CRI
Operating Cash FlowLast quarter
$39.0M
$-128.0M
Free Cash FlowOCF − Capex
$24.0M
$-144.1M
FCF MarginFCF / Revenue
3.1%
-19.0%
Capex IntensityCapex / Revenue
1.9%
2.1%
Cash ConversionOCF / Net Profit
-11.04×
TTM Free Cash FlowTrailing 4 quarters
$-132.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNDT
CNDT
CRI
CRI
Q4 25
$39.0M
Q3 25
$-39.0M
$-128.0M
Q2 25
$-15.0M
$40.3M
Q1 25
$-58.0M
$-48.6M
Q4 24
$41.0M
Q3 24
$-13.0M
Q2 24
$-41.0M
Q1 24
$-37.0M
Free Cash Flow
CNDT
CNDT
CRI
CRI
Q4 25
$24.0M
Q3 25
$-54.0M
$-144.1M
Q2 25
$-30.0M
$24.1M
Q1 25
$-72.0M
$-59.0M
Q4 24
$30.0M
Q3 24
$-21.0M
Q2 24
$-59.0M
Q1 24
$-50.0M
FCF Margin
CNDT
CNDT
CRI
CRI
Q4 25
3.1%
Q3 25
-7.0%
-19.0%
Q2 25
-4.0%
4.1%
Q1 25
-9.6%
-9.4%
Q4 24
3.8%
Q3 24
-2.6%
Q2 24
-7.1%
Q1 24
-5.4%
Capex Intensity
CNDT
CNDT
CRI
CRI
Q4 25
1.9%
Q3 25
2.0%
2.1%
Q2 25
2.0%
2.8%
Q1 25
1.9%
1.6%
Q4 24
1.4%
Q3 24
1.0%
Q2 24
2.2%
Q1 24
1.4%
Cash Conversion
CNDT
CNDT
CRI
CRI
Q4 25
Q3 25
-11.04×
Q2 25
90.37×
Q1 25
-3.13×
Q4 24
Q3 24
-0.11×
Q2 24
-0.19×
Q1 24
-0.37×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CNDT
CNDT

Government Segment$230.0M30%
Integrated Digital Solutions$134.0M17%
Customer Experience Management$127.0M16%
B Paa S$116.0M15%
Government Services Solutions$93.0M12%
Transferred At Point In Time$36.0M5%
Other$34.0M4%

CRI
CRI

Sales Channel Directly To Consumer$362.3M48%
Sales Channel Through Intermediary$283.8M37%
Other$110.4M15%
Gift Cards$1.3M0%

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