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Side-by-side financial comparison of CONDUENT Inc (CNDT) and DIODES INC (DIOD). Click either name above to swap in a different company.
CONDUENT Inc is the larger business by last-quarter revenue ($770.0M vs $391.6M, roughly 2.0× DIODES INC). DIODES INC runs the higher net margin — 2.6% vs -4.3%, a 6.9% gap on every dollar of revenue. On growth, DIODES INC posted the faster year-over-year revenue change (15.4% vs -3.8%). CONDUENT Inc produced more free cash flow last quarter ($24.0M vs $12.4M). Over the past eight quarters, DIODES INC's revenue compounded faster (13.9% CAGR vs -8.6%).
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.
Diodes Incorporated is a global semiconductor manufacturer that designs, produces and supplies discrete, analog and mixed-signal semiconductor products. Its solutions serve key end markets including automotive, industrial, consumer electronics, personal computing and communications infrastructure, with a worldwide customer base.
CNDT vs DIOD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $770.0M | $391.6M |
| Net Profit | $-33.0M | $10.2M |
| Gross Margin | 19.0% | 31.1% |
| Operating Margin | -3.6% | 3.4% |
| Net Margin | -4.3% | 2.6% |
| Revenue YoY | -3.8% | 15.4% |
| Net Profit YoY | -175.0% | 23.8% |
| EPS (diluted) | $-0.25 | $0.23 |
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.
| Q4 25 | $770.0M | $391.6M | ||
| Q3 25 | $767.0M | $392.2M | ||
| Q2 25 | $754.0M | $366.2M | ||
| Q1 25 | $751.0M | $332.1M | ||
| Q4 24 | $800.0M | $339.3M | ||
| Q3 24 | $807.0M | $350.1M | ||
| Q2 24 | $828.0M | $319.8M | ||
| Q1 24 | $921.0M | $302.0M |
| Q4 25 | $-33.0M | $10.2M | ||
| Q3 25 | $-46.0M | $14.3M | ||
| Q2 25 | $-40.0M | $46.1M | ||
| Q1 25 | $-51.0M | $-4.4M | ||
| Q4 24 | $-12.0M | $8.2M | ||
| Q3 24 | $123.0M | $13.7M | ||
| Q2 24 | $216.0M | $8.0M | ||
| Q1 24 | $99.0M | $14.0M |
| Q4 25 | 19.0% | 31.1% | ||
| Q3 25 | 17.7% | 30.7% | ||
| Q2 25 | 18.2% | 31.5% | ||
| Q1 25 | 17.7% | 31.5% | ||
| Q4 24 | 17.3% | 32.7% | ||
| Q3 24 | 18.7% | 33.7% | ||
| Q2 24 | 18.2% | 33.6% | ||
| Q1 24 | 20.2% | 33.0% |
| Q4 25 | -3.6% | 3.4% | ||
| Q3 25 | -5.0% | 3.0% | ||
| Q2 25 | -5.0% | 2.6% | ||
| Q1 25 | -7.5% | 0.4% | ||
| Q4 24 | -10.3% | 3.5% | ||
| Q3 24 | 19.7% | 6.2% | ||
| Q2 24 | 36.2% | 1.2% | ||
| Q1 24 | 13.8% | 4.3% |
| Q4 25 | -4.3% | 2.6% | ||
| Q3 25 | -6.0% | 3.6% | ||
| Q2 25 | -5.3% | 12.6% | ||
| Q1 25 | -6.8% | -1.3% | ||
| Q4 24 | -1.5% | 2.4% | ||
| Q3 24 | 15.2% | 3.9% | ||
| Q2 24 | 26.1% | 2.5% | ||
| Q1 24 | 10.7% | 4.6% |
| Q4 25 | $-0.25 | $0.23 | ||
| Q3 25 | $-0.30 | $0.31 | ||
| Q2 25 | $-0.26 | $0.99 | ||
| Q1 25 | $-0.33 | $-0.10 | ||
| Q4 24 | $-0.02 | $0.18 | ||
| Q3 24 | $0.72 | $0.30 | ||
| Q2 24 | $1.07 | $0.17 | ||
| Q1 24 | $0.46 | $0.30 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $233.0M | $377.0M |
| Total DebtLower is stronger | $665.0M | $25.7M |
| Stockholders' EquityBook value | $685.0M | $1.9B |
| Total Assets | $2.4B | $2.4B |
| Debt / EquityLower = less leverage | 0.97× | 0.01× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $233.0M | $377.0M | ||
| Q3 25 | $248.0M | $386.4M | ||
| Q2 25 | $275.0M | $327.3M | ||
| Q1 25 | $277.0M | $343.9M | ||
| Q4 24 | $366.0M | $316.1M | ||
| Q3 24 | $393.0M | $319.3M | ||
| Q2 24 | $300.0M | $273.9M | ||
| Q1 24 | $415.0M | $276.0M |
| Q4 25 | $665.0M | $25.7M | ||
| Q3 25 | — | $24.9M | ||
| Q2 25 | — | $26.4M | ||
| Q1 25 | — | $20.5M | ||
| Q4 24 | $615.0M | $20.7M | ||
| Q3 24 | — | $22.2M | ||
| Q2 24 | — | $20.3M | ||
| Q1 24 | — | $20.9M |
| Q4 25 | $685.0M | $1.9B | ||
| Q3 25 | $717.0M | $1.9B | ||
| Q2 25 | $777.0M | $1.9B | ||
| Q1 25 | $800.0M | $1.8B | ||
| Q4 24 | $839.0M | $1.8B | ||
| Q3 24 | $877.0M | $1.8B | ||
| Q2 24 | $751.0M | $1.8B | ||
| Q1 24 | $701.0M | $1.7B |
| Q4 25 | $2.4B | $2.4B | ||
| Q3 25 | $2.5B | $2.5B | ||
| Q2 25 | $2.5B | $2.5B | ||
| Q1 25 | $2.5B | $2.4B | ||
| Q4 24 | $2.6B | $2.4B | ||
| Q3 24 | $2.8B | $2.4B | ||
| Q2 24 | $2.8B | $2.4B | ||
| Q1 24 | $3.1B | $2.4B |
| Q4 25 | 0.97× | 0.01× | ||
| Q3 25 | — | 0.01× | ||
| Q2 25 | — | 0.01× | ||
| Q1 25 | — | 0.01× | ||
| Q4 24 | 0.73× | 0.01× | ||
| Q3 24 | — | 0.01× | ||
| Q2 24 | — | 0.01× | ||
| Q1 24 | — | 0.01× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $39.0M | $38.1M |
| Free Cash FlowOCF − Capex | $24.0M | $12.4M |
| FCF MarginFCF / Revenue | 3.1% | 3.2% |
| Capex IntensityCapex / Revenue | 1.9% | 6.6% |
| Cash ConversionOCF / Net Profit | — | 3.74× |
| TTM Free Cash FlowTrailing 4 quarters | $-132.0M | $137.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $39.0M | $38.1M | ||
| Q3 25 | $-39.0M | $79.1M | ||
| Q2 25 | $-15.0M | $41.5M | ||
| Q1 25 | $-58.0M | $56.7M | ||
| Q4 24 | $41.0M | $81.8M | ||
| Q3 24 | $-13.0M | $54.4M | ||
| Q2 24 | $-41.0M | $14.4M | ||
| Q1 24 | $-37.0M | $-31.1M |
| Q4 25 | $24.0M | $12.4M | ||
| Q3 25 | $-54.0M | $62.8M | ||
| Q2 25 | $-30.0M | $21.1M | ||
| Q1 25 | $-72.0M | $40.8M | ||
| Q4 24 | $30.0M | $62.1M | ||
| Q3 24 | $-21.0M | $39.4M | ||
| Q2 24 | $-59.0M | $-3.5M | ||
| Q1 24 | $-50.0M | $-51.5M |
| Q4 25 | 3.1% | 3.2% | ||
| Q3 25 | -7.0% | 16.0% | ||
| Q2 25 | -4.0% | 5.8% | ||
| Q1 25 | -9.6% | 12.3% | ||
| Q4 24 | 3.8% | 18.3% | ||
| Q3 24 | -2.6% | 11.2% | ||
| Q2 24 | -7.1% | -1.1% | ||
| Q1 24 | -5.4% | -17.1% |
| Q4 25 | 1.9% | 6.6% | ||
| Q3 25 | 2.0% | 4.2% | ||
| Q2 25 | 2.0% | 5.6% | ||
| Q1 25 | 1.9% | 4.8% | ||
| Q4 24 | 1.4% | 5.8% | ||
| Q3 24 | 1.0% | 4.3% | ||
| Q2 24 | 2.2% | 5.6% | ||
| Q1 24 | 1.4% | 6.7% |
| Q4 25 | — | 3.74× | ||
| Q3 25 | — | 5.54× | ||
| Q2 25 | — | 0.90× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 9.93× | ||
| Q3 24 | -0.11× | 3.95× | ||
| Q2 24 | -0.19× | 1.80× | ||
| Q1 24 | -0.37× | -2.22× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CNDT
| Government Segment | $230.0M | 30% |
| Integrated Digital Solutions | $134.0M | 17% |
| Customer Experience Management | $127.0M | 16% |
| B Paa S | $116.0M | 15% |
| Government Services Solutions | $93.0M | 12% |
| Transferred At Point In Time | $36.0M | 5% |
| Other | $34.0M | 4% |
DIOD
| Distributor | $253.1M | 65% |
| Direct Sales | $138.5M | 35% |
