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

CONDUENT Inc is the larger business by last-quarter revenue ($770.0M vs $692.4M, roughly 1.1× OCEANEERING INTERNATIONAL INC). OCEANEERING INTERNATIONAL INC runs the higher net margin — 5.2% vs -4.3%, a 9.5% gap on every dollar of revenue. On growth, OCEANEERING INTERNATIONAL INC posted the faster year-over-year revenue change (3.6% vs -3.8%). CONDUENT Inc produced more free cash flow last quarter ($24.0M vs $-76.5M). Over the past eight quarters, OCEANEERING INTERNATIONAL INC's revenue compounded faster (1.8% 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.

Oceaneering International, Inc. is a subsea engineering and applied technology company based in Houston, Texas, U.S. that provides engineered services and hardware to customers who operate in marine, space, and other environments.

CNDT vs OII — Head-to-Head

Bigger by revenue
CNDT
CNDT
1.1× larger
CNDT
$770.0M
$692.4M
OII
Growing faster (revenue YoY)
OII
OII
+7.3% gap
OII
3.6%
-3.8%
CNDT
Higher net margin
OII
OII
9.5% more per $
OII
5.2%
-4.3%
CNDT
More free cash flow
CNDT
CNDT
$100.5M more FCF
CNDT
$24.0M
$-76.5M
OII
Faster 2-yr revenue CAGR
OII
OII
Annualised
OII
1.8%
-8.6%
CNDT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CNDT
CNDT
OII
OII
Revenue
$770.0M
$692.4M
Net Profit
$-33.0M
$36.1M
Gross Margin
19.0%
Operating Margin
-3.6%
Net Margin
-4.3%
5.2%
Revenue YoY
-3.8%
3.6%
Net Profit YoY
-175.0%
-28.3%
EPS (diluted)
$-0.25
$0.36

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
OII
OII
Q1 26
$692.4M
Q4 25
$770.0M
$668.6M
Q3 25
$767.0M
$742.9M
Q2 25
$754.0M
$698.2M
Q1 25
$751.0M
$674.5M
Q4 24
$800.0M
$713.5M
Q3 24
$807.0M
$679.8M
Q2 24
$828.0M
$668.8M
Net Profit
CNDT
CNDT
OII
OII
Q1 26
$36.1M
Q4 25
$-33.0M
$177.7M
Q3 25
$-46.0M
$71.3M
Q2 25
$-40.0M
$54.4M
Q1 25
$-51.0M
$50.4M
Q4 24
$-12.0M
$56.1M
Q3 24
$123.0M
$41.2M
Q2 24
$216.0M
$35.0M
Gross Margin
CNDT
CNDT
OII
OII
Q1 26
Q4 25
19.0%
19.8%
Q3 25
17.7%
20.6%
Q2 25
18.2%
21.3%
Q1 25
17.7%
20.0%
Q4 24
17.3%
19.9%
Q3 24
18.7%
19.3%
Q2 24
18.2%
18.0%
Operating Margin
CNDT
CNDT
OII
OII
Q1 26
Q4 25
-3.6%
9.8%
Q3 25
-5.0%
11.6%
Q2 25
-5.0%
11.3%
Q1 25
-7.5%
10.9%
Q4 24
-10.3%
10.9%
Q3 24
19.7%
10.5%
Q2 24
36.2%
9.0%
Net Margin
CNDT
CNDT
OII
OII
Q1 26
5.2%
Q4 25
-4.3%
26.6%
Q3 25
-6.0%
9.6%
Q2 25
-5.3%
7.8%
Q1 25
-6.8%
7.5%
Q4 24
-1.5%
7.9%
Q3 24
15.2%
6.1%
Q2 24
26.1%
5.2%
EPS (diluted)
CNDT
CNDT
OII
OII
Q1 26
$0.36
Q4 25
$-0.25
$1.75
Q3 25
$-0.30
$0.71
Q2 25
$-0.26
$0.54
Q1 25
$-0.33
$0.49
Q4 24
$-0.02
$0.55
Q3 24
$0.72
$0.40
Q2 24
$1.07
$0.34

Balance Sheet & Financial Strength

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

Metric
CNDT
CNDT
OII
OII
Cash + ST InvestmentsLiquidity on hand
$233.0M
Total DebtLower is stronger
$665.0M
$488.8M
Stockholders' EquityBook value
$685.0M
$1.1B
Total Assets
$2.4B
$2.6B
Debt / EquityLower = less leverage
0.97×
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNDT
CNDT
OII
OII
Q1 26
Q4 25
$233.0M
$695.9M
Q3 25
$248.0M
$7.0M
Q2 25
$275.0M
$7.0M
Q1 25
$277.0M
$7.0M
Q4 24
$366.0M
$504.5M
Q3 24
$393.0M
Q2 24
$300.0M
Total Debt
CNDT
CNDT
OII
OII
Q1 26
$488.8M
Q4 25
$665.0M
$487.4M
Q3 25
Q2 25
Q1 25
Q4 24
$615.0M
$482.0M
Q3 24
Q2 24
Stockholders' Equity
CNDT
CNDT
OII
OII
Q1 26
$1.1B
Q4 25
$685.0M
$1.1B
Q3 25
$717.0M
$907.7M
Q2 25
$777.0M
$842.1M
Q1 25
$800.0M
$773.1M
Q4 24
$839.0M
$714.3M
Q3 24
$877.0M
$698.0M
Q2 24
$751.0M
$651.0M
Total Assets
CNDT
CNDT
OII
OII
Q1 26
$2.6B
Q4 25
$2.4B
$2.7B
Q3 25
$2.5B
$2.5B
Q2 25
$2.5B
$2.3B
Q1 25
$2.5B
$2.3B
Q4 24
$2.6B
$2.3B
Q3 24
$2.8B
$2.4B
Q2 24
$2.8B
$2.3B
Debt / Equity
CNDT
CNDT
OII
OII
Q1 26
0.44×
Q4 25
0.97×
0.46×
Q3 25
Q2 25
Q1 25
Q4 24
0.73×
0.67×
Q3 24
Q2 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
OII
OII
Operating Cash FlowLast quarter
$39.0M
Free Cash FlowOCF − Capex
$24.0M
$-76.5M
FCF MarginFCF / Revenue
3.1%
-11.1%
Capex IntensityCapex / Revenue
1.9%
2.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-132.0M
$238.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNDT
CNDT
OII
OII
Q1 26
Q4 25
$39.0M
$221.1M
Q3 25
$-39.0M
$101.3M
Q2 25
$-15.0M
$77.2M
Q1 25
$-58.0M
$-80.7M
Q4 24
$41.0M
$128.4M
Q3 24
$-13.0M
$91.9M
Q2 24
$-41.0M
$52.6M
Free Cash Flow
CNDT
CNDT
OII
OII
Q1 26
$-76.5M
Q4 25
$24.0M
$190.7M
Q3 25
$-54.0M
$77.0M
Q2 25
$-30.0M
$46.9M
Q1 25
$-72.0M
$-106.8M
Q4 24
$30.0M
$94.5M
Q3 24
$-21.0M
$67.0M
Q2 24
$-59.0M
$29.8M
FCF Margin
CNDT
CNDT
OII
OII
Q1 26
-11.1%
Q4 25
3.1%
28.5%
Q3 25
-7.0%
10.4%
Q2 25
-4.0%
6.7%
Q1 25
-9.6%
-15.8%
Q4 24
3.8%
13.2%
Q3 24
-2.6%
9.9%
Q2 24
-7.1%
4.5%
Capex Intensity
CNDT
CNDT
OII
OII
Q1 26
2.5%
Q4 25
1.9%
4.6%
Q3 25
2.0%
3.3%
Q2 25
2.0%
4.3%
Q1 25
1.9%
3.9%
Q4 24
1.4%
4.7%
Q3 24
1.0%
3.7%
Q2 24
2.2%
3.4%
Cash Conversion
CNDT
CNDT
OII
OII
Q1 26
Q4 25
1.24×
Q3 25
1.42×
Q2 25
1.42×
Q1 25
-1.60×
Q4 24
2.29×
Q3 24
-0.11×
2.23×
Q2 24
-0.19×
1.50×

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%

OII
OII

Segment breakdown not available.

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