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

CONDUENT Inc is the larger business by last-quarter revenue ($770.0M vs $433.1M, roughly 1.8× UDR, Inc.). UDR, Inc. runs the higher net margin — 51.5% vs -4.3%, a 55.8% gap on every dollar of revenue. On growth, UDR, Inc. posted the faster year-over-year revenue change (2.5% vs -3.8%). UDR, Inc. produced more free cash flow last quarter ($650.0M vs $24.0M). Over the past eight quarters, UDR, Inc.'s revenue compounded faster (2.3% 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.

UDR, Inc. is a leading U.S.-headquartered real estate investment trust specializing in owning, operating, and redeveloping high-quality multifamily residential apartment communities. It operates across major U.S. metropolitan markets, catering to a diverse tenant base including young professionals, families, and middle-to-high income households.

CNDT vs UDR — Head-to-Head

Bigger by revenue
CNDT
CNDT
1.8× larger
CNDT
$770.0M
$433.1M
UDR
Growing faster (revenue YoY)
UDR
UDR
+6.2% gap
UDR
2.5%
-3.8%
CNDT
Higher net margin
UDR
UDR
55.8% more per $
UDR
51.5%
-4.3%
CNDT
More free cash flow
UDR
UDR
$626.0M more FCF
UDR
$650.0M
$24.0M
CNDT
Faster 2-yr revenue CAGR
UDR
UDR
Annualised
UDR
2.3%
-8.6%
CNDT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CNDT
CNDT
UDR
UDR
Revenue
$770.0M
$433.1M
Net Profit
$-33.0M
$222.9M
Gross Margin
19.0%
Operating Margin
-3.6%
64.1%
Net Margin
-4.3%
51.5%
Revenue YoY
-3.8%
2.5%
Net Profit YoY
-175.0%
4519.2%
EPS (diluted)
$-0.25
$0.67

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
UDR
UDR
Q4 25
$770.0M
$433.1M
Q3 25
$767.0M
$431.9M
Q2 25
$754.0M
$425.4M
Q1 25
$751.0M
$421.9M
Q4 24
$800.0M
$422.7M
Q3 24
$807.0M
$420.2M
Q2 24
$828.0M
$415.3M
Q1 24
$921.0M
$413.6M
Net Profit
CNDT
CNDT
UDR
UDR
Q4 25
$-33.0M
$222.9M
Q3 25
$-46.0M
$40.4M
Q2 25
$-40.0M
$37.7M
Q1 25
$-51.0M
$76.7M
Q4 24
$-12.0M
$-5.0M
Q3 24
$123.0M
$22.6M
Q2 24
$216.0M
$28.9M
Q1 24
$99.0M
$43.1M
Gross Margin
CNDT
CNDT
UDR
UDR
Q4 25
19.0%
Q3 25
17.7%
Q2 25
18.2%
Q1 25
17.7%
Q4 24
17.3%
Q3 24
18.7%
Q2 24
18.2%
Q1 24
20.2%
Operating Margin
CNDT
CNDT
UDR
UDR
Q4 25
-3.6%
64.1%
Q3 25
-5.0%
17.7%
Q2 25
-5.0%
18.2%
Q1 25
-7.5%
29.0%
Q4 24
-10.3%
15.7%
Q3 24
19.7%
16.6%
Q2 24
36.2%
16.5%
Q1 24
13.8%
19.3%
Net Margin
CNDT
CNDT
UDR
UDR
Q4 25
-4.3%
51.5%
Q3 25
-6.0%
9.4%
Q2 25
-5.3%
8.9%
Q1 25
-6.8%
18.2%
Q4 24
-1.5%
-220.5%
Q3 24
15.2%
5.4%
Q2 24
26.1%
7.0%
Q1 24
10.7%
10.4%
EPS (diluted)
CNDT
CNDT
UDR
UDR
Q4 25
$-0.25
$0.67
Q3 25
$-0.30
$0.12
Q2 25
$-0.26
$0.11
Q1 25
$-0.33
$0.23
Q4 24
$-0.02
$-0.01
Q3 24
$0.72
$0.06
Q2 24
$1.07
$0.08
Q1 24
$0.46
$0.13

Balance Sheet & Financial Strength

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

Metric
CNDT
CNDT
UDR
UDR
Cash + ST InvestmentsLiquidity on hand
$233.0M
$1.2M
Total DebtLower is stronger
$665.0M
$5.8B
Stockholders' EquityBook value
$685.0M
$3.3B
Total Assets
$2.4B
$10.6B
Debt / EquityLower = less leverage
0.97×
1.77×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNDT
CNDT
UDR
UDR
Q4 25
$233.0M
$1.2M
Q3 25
$248.0M
$1.2M
Q2 25
$275.0M
$1.5M
Q1 25
$277.0M
$1.3M
Q4 24
$366.0M
$1.3M
Q3 24
$393.0M
$2.3M
Q2 24
$300.0M
$2.8M
Q1 24
$415.0M
$2.1M
Total Debt
CNDT
CNDT
UDR
UDR
Q4 25
$665.0M
$5.8B
Q3 25
$5.8B
Q2 25
$5.8B
Q1 25
$5.8B
Q4 24
$615.0M
$5.8B
Q3 24
$5.9B
Q2 24
$5.8B
Q1 24
$5.8B
Stockholders' Equity
CNDT
CNDT
UDR
UDR
Q4 25
$685.0M
$3.3B
Q3 25
$717.0M
$3.3B
Q2 25
$777.0M
$3.3B
Q1 25
$800.0M
$3.3B
Q4 24
$839.0M
$3.4B
Q3 24
$877.0M
$3.5B
Q2 24
$751.0M
$3.7B
Q1 24
$701.0M
$3.9B
Total Assets
CNDT
CNDT
UDR
UDR
Q4 25
$2.4B
$10.6B
Q3 25
$2.5B
$10.6B
Q2 25
$2.5B
$10.6B
Q1 25
$2.5B
$10.7B
Q4 24
$2.6B
$10.9B
Q3 24
$2.8B
$11.1B
Q2 24
$2.8B
$11.1B
Q1 24
$3.1B
$11.2B
Debt / Equity
CNDT
CNDT
UDR
UDR
Q4 25
0.97×
1.77×
Q3 25
1.78×
Q2 25
1.74×
Q1 25
1.74×
Q4 24
0.73×
1.69×
Q3 24
1.67×
Q2 24
1.55×
Q1 24
1.47×

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
UDR
UDR
Operating Cash FlowLast quarter
$39.0M
$902.9M
Free Cash FlowOCF − Capex
$24.0M
$650.0M
FCF MarginFCF / Revenue
3.1%
150.1%
Capex IntensityCapex / Revenue
1.9%
58.4%
Cash ConversionOCF / Net Profit
4.05×
TTM Free Cash FlowTrailing 4 quarters
$-132.0M
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNDT
CNDT
UDR
UDR
Q4 25
$39.0M
$902.9M
Q3 25
$-39.0M
$234.9M
Q2 25
$-15.0M
$250.3M
Q1 25
$-58.0M
$156.2M
Q4 24
$41.0M
$876.8M
Q3 24
$-13.0M
$230.3M
Q2 24
$-41.0M
$238.5M
Q1 24
$-37.0M
$167.6M
Free Cash Flow
CNDT
CNDT
UDR
UDR
Q4 25
$24.0M
$650.0M
Q3 25
$-54.0M
$164.6M
Q2 25
$-30.0M
$190.1M
Q1 25
$-72.0M
$103.2M
Q4 24
$30.0M
$627.0M
Q3 24
$-21.0M
$161.3M
Q2 24
$-59.0M
$171.1M
Q1 24
$-50.0M
$115.0M
FCF Margin
CNDT
CNDT
UDR
UDR
Q4 25
3.1%
150.1%
Q3 25
-7.0%
38.1%
Q2 25
-4.0%
44.7%
Q1 25
-9.6%
24.5%
Q4 24
3.8%
148.3%
Q3 24
-2.6%
38.4%
Q2 24
-7.1%
41.2%
Q1 24
-5.4%
27.8%
Capex Intensity
CNDT
CNDT
UDR
UDR
Q4 25
1.9%
58.4%
Q3 25
2.0%
16.3%
Q2 25
2.0%
14.2%
Q1 25
1.9%
12.6%
Q4 24
1.4%
59.1%
Q3 24
1.0%
16.4%
Q2 24
2.2%
16.2%
Q1 24
1.4%
12.7%
Cash Conversion
CNDT
CNDT
UDR
UDR
Q4 25
4.05×
Q3 25
5.81×
Q2 25
6.64×
Q1 25
2.04×
Q4 24
Q3 24
-0.11×
10.19×
Q2 24
-0.19×
8.26×
Q1 24
-0.37×
3.88×

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%

UDR
UDR

Segment breakdown not available.

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