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Conduent Inc (CNDT) stock

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NASDAQ: CNDT Nasdaq Data Processing & Outsourced Services Next results ~November 5, 2026

Conduent Inc is a US-listed company in the data processing & outsourced services industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: data-quality checks not passed.

Price vs value

Under review: data-quality checks not passed. We'll show the comparison once resolved.

Conduent Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders3 buying, 0 selling5 purchases and 0 sales by directors and officers, last 12 monthsInsider trades
  • Funds89 adding, 70 cuttingOf 26 active managers that changed their stake, 17 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Conduent files

Where Conduent stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $2.79bn, down 5.7% on a year earlier, a smaller fall than the 10.1% decline a quarter earlier. Free-cash-flow margin held at -1.8%. The diluted share count is down 7.3% on a year earlier, which lifts each remaining share. It passes 2 of our 2 financial-health checks.

Our model value for Conduent is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 10, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 5, 2026 (estimated)

Conduent Inc's trailing-twelve-month revenue fell 5.7% year on year, with a free-cash-flow margin of -1.8%.

Current signal Revenue growth accelerating: TTM revenue growth rose to -5.7% (+4.4pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Shrinking share count. Diluted shares fell 7.3% in a year, so each share owns more of the business.

Things to watch

  • Results due soon. Results are expected around 6 November; the share price can move sharply on the day.
  • Revenue shrinking. Revenue fell 5.7% over the last 12 months.
  • Burning cash. Free cash flow was -1.8% of revenue over the last 12 months.
  • Volatile shares. Over the past year the shares showed annualised volatility of 75% and a beta of 1.6 against the S&P 500.
  • Missing expectations. Earnings per share fell short of the consensus estimate in 3 of the last four quarters.

Latest results: FY2026 Q2

Filed August 10, 2026
Earnings per share
-$0.29 against an average estimate of -$0.19: missed by 52.5%
Revenue
$531m, down 11.9% on a year earlier
Share reaction
-7.1% in the first session after the results on August 10, 2026, against -0.3% for the S&P 500
Guidance given
revenue $2,150m to $2,250m (FY 2026); adj. EBITDA from Continuing Operations $140m to $170m (FY 2026)
Next report
November 5, 2026; average EPS estimate -$0.09

Conduent's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.3%
  • 1 week-8.2%
  • 1 month-5.5%
  • This year-18.7%
  • 1 year-34.5%
  • 5 years-78.1%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$2.8B
Net margin
-8.3%
EPS (TTM, diluted)
$-1.49

Growth

Revenue growth
−5.7%
Change in growth rate
+4.4 pts
Share count change
−7.3%

Cash

Free cash flow (TTM)
-$49M
FCF margin
-1.8%
Stock pay % of revenue
0.4%

Earnings

Last results
August 10, 2026
Next results (est.)
November 6, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Agreement
  2. Agreement
  3. Agreement
  4. Deal
  5. Announcement
  6. Announcement
  7. Leadership
  8. Results
  9. Guidance

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Conduent Inc valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: data-quality checks not passed.

Our value per share comes from a discounted-cash-flow model of Conduent Inc's free cash flow after stock-based pay ( $27.1M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation multiples over time Market data may be delayed

At fiscal year end 2016201720182019202020212022202320242025Now
Share price$14.90$16.16$10.63$6.20$4.80$5.34$4.05$3.65$4.04$1.92$1.56
Market value$3.0bn$3.3bn$2.2bn$1.3bn$1.0bn$1.1bn$874m$791m$772m$304m$242m
+ Net debt (− = net cash)$1.6bn$1.4bn$811m$1.0bn$1.1bn$1.0bn$753m$802m$280m$458m$494m
Enterprise value$4.6bn$4.7bn$3.0bn$2.3bn$2.1bn$2.2bn$1.6bn$1.6bn$1.1bn$762m$736m
Multiples
Price / sales 0.5x0.6x0.4x0.3x0.2x0.3x0.2x0.2x0.2x0.1x0.1x
Price / earnings —18.5x——————1.8x——
Price / free cash flow —16.4x21.1x—11.9x7.0x16.8x20.8x———
EV / EBITDA ———————————

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

44 /100

Weak moat

How hard Conduent's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 15 / 20

    Cash operating profit has been a median 11.7% of total assets over 9 years.

  • Pricing power 8 / 20

    Gross margin has been a median 21.3%, moving by 2.8 percentage points (standard deviation) across 10 years.

  • Durability 10 / 20

    Net margin has been a median -4.3%; its worst year was -35.3%.

  • Cash conversion 7 / 20

    Free cash flow was positive in 6 of 10 years, at a median 1.4% of revenue.

  • Discipline 20 / 20

    The diluted share count fell 27.1% over five years; stock-based pay has been a median 0.5% of revenue.

AI disruption exposure: High. In this industry, the core product is information work that AI systems increasingly perform. The score above includes a 15-point deduction for that exposure (59 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 5, 2026, after the close. Analysts expect revenue of $537m and EPS of −$0.09 (range −$0.09 to −$0.09) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current −$0.37 +14% $2.3bn −23%
Next $0.01 +103% $2.2bn −6%

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −14.0% on 90 days ago. In the last 30 days, 0 analysts raised Conduent Inc's forecast and 0 cut it.

Consensus EPS forecast Conduent Inc, last 90 days
−$0.60 −$0.40 −$0.20 $0.00 $0.20 90 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: −$0.43 Current fiscal year, 30 days ago: −$0.37 Current fiscal year, 7 days ago: −$0.37 Current fiscal year, Now: −$0.37 −$0.37 Next fiscal year, 90 days ago: −$0.20 Next fiscal year, 30 days ago: −$0.06 Next fiscal year, 7 days ago: −$0.06 Next fiscal year, Now: $0.01 $0.01

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago −$0.43−$0.20
30 days ago −$0.37−$0.06
7 days ago −$0.37−$0.06
Now −$0.37$0.01

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 −$0.19 −$0.29 −52.5%
Mar 2026 −$0.19 −$0.11 +42.3%
Dec 2025 −$0.02 −$0.09 −350.0%
Sept 2025 −$0.08 −$0.09 −12.5%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 10, 2026
  • Revenue · Continuing Operations FY 2026 $2,150m to $2,250m Non-GAAP
    “Revenue $2,150M - $2,250M” source
  • Adj. EBITDA from Continuing Operations FY 2026 $140m to $170m Non-GAAP
    “Adj. EBITDA from Continuing Operations (1) $140M - $170M” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Conduent Inc's revenue by -7.5% next year and +0.9% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (-18.9%, weight 45%) and the company's own record (+2.0%, weight 55%) . How the weights are set.

Analyst recommendations

1 analysts, Nov 2026
Buy1100%
Hold00%
Sell00%

Monthly trend

  1. Nov 202611
  2. Oct 202611

Counts of recommendations published by analysts covering Conduent Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
2.9%
of tradable shares
Days to cover
3.48
at average volume
Short interest, 1 month
−28%
to October 15, 2026
Held by institutions
75%
of shares
Held by insiders
10.1%
of shares
Employees
46,000
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −34.5%

$2.38 on October 31, 2025 to $1.56

ThenNowEffect
Revenue (last 12 months) $3.0bn $2.8bn −5.7%
P/S multiple 0.1x 0.1x −35.5%
Share count 167m 155m +7.9%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years −42.4%

$2.71 on November 3, 2023 to $1.56

ThenNowEffect
Revenue (last 12 months) $3.8bn $2.8bn −26.6%
P/S multiple 0.2x 0.1x −43.5%
Share count 215m 155m +38.6%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
CNDT+11%−24%−10%+11%−53%−19%
Industry peers (median)+6%−25%+2%−14%−15%−29%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
CNDT67%50%50%42%42%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
CNDT−40%−46%−49%−27%−60%−44%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since December 13, 2016: 95% from September 14, 2018 to March 18, 2026. Getting back needed a 1906% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$1.16 – $2.36
From 52-week high
−33.9%
vs 50-day average
−3.6%
vs 200-day average
+1.3%
Volatility (1 year)
75%
Beta vs S&P 500
1.55

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±11.1%
After a week
6 up, 6 down
typical move ±11.8%
After a month
5 up, 7 down
typical move ±12.1%
Results releasedNext dayS&P 500 next day5 days21 days
August 10, 2026 −7.1% −0.3% −14.1% −6.5%
May 11, 2026 −15.3% +0.1% −11.9% −23.3%
February 12, 2026 +14.6% −1.5% +18.7% −7.5%
November 7, 2025 −16.2% +1.7% −7.7% −9.5%
August 6, 2025 +0.8% +0.7% +3.7% +15.0%
May 7, 2025 +7.3% +1.1% +5.9% +29.8%
February 12, 2025 −3.6% +0.7% −11.6% −28.7%
November 6, 2024 +10.0% +3.3% +15.1% +8.6%
August 7, 2024 −14.0% +1.6% −10.1% +1.1%
May 1, 2024 +16.8% +0.6% +21.3% +11.1%
February 14, 2024 +8.8% +1.6% +3.2% −3.5%
November 1, 2023 −18.2% +3.0% −18.2% −0.6%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Revenue (TTM) Conduent Inc
$2.5B $3B $3.5B $4B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $3.8B Revenue (TTM), FY23 Q4: $3.7B Revenue (TTM), FY24 Q1: $3.7B Revenue (TTM), FY24 Q2: $3.6B Revenue (TTM), FY24 Q3: $3.5B Revenue (TTM), FY24 Q4: $3.4B Revenue (TTM), FY25 Q1: $3.2B Revenue (TTM), FY25 Q2: $3B Revenue (TTM), FY25 Q3: $2.9B Revenue (TTM), FY25 Q4: $2.9B Revenue (TTM), FY26 Q1: $2.9B Revenue (TTM), FY26 Q2: $2.8B $2.8B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $3.8B
FY23 Q4 $3.7B
FY24 Q1 $3.7B
FY24 Q2 $3.6B
FY24 Q3 $3.5B
FY24 Q4 $3.4B
FY25 Q1 $3.2B
FY25 Q2 $3B
FY25 Q3 $2.9B
FY25 Q4 $2.9B
FY26 Q1 $2.9B
FY26 Q2 $2.8B
Revenue growth, TTM YoY Conduent Inc
-20% -15% -10% -5% 0% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: -4.2% Revenue growth, TTM YoY, FY23 Q4: -3.5% Revenue growth, TTM YoY, FY24 Q1: -2.4% Revenue growth, TTM YoY, FY24 Q2: -4.4% Revenue growth, TTM YoY, FY24 Q3: -6.6% Revenue growth, TTM YoY, FY24 Q4: -9.8% Revenue growth, TTM YoY, FY25 Q1: -14.4% Revenue growth, TTM YoY, FY25 Q2: -18.5% Revenue growth, TTM YoY, FY25 Q3: -16.8% Revenue growth, TTM YoY, FY25 Q4: -13.9% Revenue growth, TTM YoY, FY26 Q1: -10.1% Revenue growth, TTM YoY, FY26 Q2: -5.7% -5.7%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 -4.2%
FY23 Q4 -3.5%
FY24 Q1 -2.4%
FY24 Q2 -4.4%
FY24 Q3 -6.6%
FY24 Q4 -9.8%
FY25 Q1 -14.4%
FY25 Q2 -18.5%
FY25 Q3 -16.8%
FY25 Q4 -13.9%
FY26 Q1 -10.1%
FY26 Q2 -5.7%
FCF margin (TTM) Conduent Inc
-6% -4% -2% 0% 2% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: -1.2% FCF margin (TTM), FY23 Q4: 1.0% FCF margin (TTM), FY24 Q1: 0.3% FCF margin (TTM), FY24 Q2: -0.8% FCF margin (TTM), FY24 Q3: -0.7% FCF margin (TTM), FY24 Q4: -2.3% FCF margin (TTM), FY25 Q1: -3.1% FCF margin (TTM), FY25 Q2: -2.4% FCF margin (TTM), FY25 Q3: -3.6% FCF margin (TTM), FY25 Q4: -4.6% FCF margin (TTM), FY26 Q1: -2.7% FCF margin (TTM), FY26 Q2: -1.8% -1.8%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 -1.2%
FY23 Q4 1.0%
FY24 Q1 0.3%
FY24 Q2 -0.8%
FY24 Q3 -0.7%
FY24 Q4 -2.3%
FY25 Q1 -3.1%
FY25 Q2 -2.4%
FY25 Q3 -3.6%
FY25 Q4 -4.6%
FY26 Q1 -2.7%
FY26 Q2 -1.8%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 6,938 6,662 6,408 6,022 5,393 4,467 4,163 4,140 3,858 3,722 3,356 3,042 2,791
Gross profit — 685 910 1,045 1,211 973 954 1,002 840 834 626 552 514
EBITDA 861 704 — — — — — — — — — — —
Operating income 74 104 — — — — — — — — — — —
Net income −81 −414 −983 181 −416 −1,934 −118 −28 −182 −296 426 −170 −231
Diluted EPS −$0.40 −$2.04 −$4.85 $0.83 −$2.06 −$9.29 −$0.61 −$0.18 −$0.89 −$1.41 $2.23 −$1.14 −$1.49
Growth (year on year)
Revenue — −4.0% −3.8% −6.0% −10.4% −17.2% −6.8% −0.6% −6.8% −3.5% −9.8% −9.4% −5.7%
EBITDA — −18.2% — — — — — — — — — — —
Net income — — — — −329.8% — — — — — — −139.9% —
Diluted EPS — — — — −348.2% — — — — — — −151.1% —
Margins
Gross margin — 10.3% 14.2% 17.4% 22.5% 21.8% 22.9% 24.2% 21.8% 22.4% 18.7% 18.1% 18.4%
EBITDA margin 12.4% 10.6% — — — — — — — — — — —
Operating margin 1.1% 1.6% — — — — — — — — — — —
Net margin −1.2% −6.2% −15.3% 3.0% −7.7% −43.3% −2.8% −0.7% −4.7% −8.0% 12.7% −5.6% −8.3%
Free-cash-flow margin 6.9% 5.0% −0.8% 3.4% 1.9% −0.4% 2.0% 3.9% 1.3% 1.0% −2.3% −4.3% −1.8%
Cash flow
Cash from operations 665 493 95 300 283 132 161 243 144 89 −50 −73 −1
Capital spending 189 159 149 96 179 148 76 80 92 51 28 59 48
Free cash flow 476 334 −54 204 104 −16 85 163 52 38 −78 −132 −49
Stock-based pay 28 19 23 40 38 24 20 21 21 19 19 19 12
Free cash flow after stock pay 448 315 −77 164 66 −40 65 142 31 19 −97 −151 −61
Balance sheet
Cash 159 140 390 658 756 496 450 415 582 498 366 233 228
Total debt 0 1,193 1,941 2,061 1,567 1,514 1,528 1,440 1,335 1,300 646 691 722
Net debt (negative = net cash) −159 1,053 1,551 1,403 811 1,018 1,078 1,025 753 802 280 458 494
Diluted shares 203m 203m 203m 207m 206m 209m 210m 213m 216m 217m 191m 158m 155m
Returned to shareholders
Buybacks — — — — — — — 0 0 27 182 25 —
Total returned — — — — — — — 0 0 27 182 25 —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 2 checks passed · June 30, 2026
What it owns · $2.2bn
Short-term assets $1.1bnLonger-term assets $1.1bn
What it owes, and who funded it · $2.1bn
Short-term liabilities $707mLonger-term liabilities $870mShareholders' equity $526m
  • Short-term assets cover short-term liabilities $1.1bn of assets due within a year against $707m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $1.1bn short-term assets against $870m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Conduent Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2025 Q4 TTM
Buybacks (TTM)
$25M
Returned to shareholders
-19%
of free cash flow
Buybacks, last 3 fiscal years
$234M
Diluted share count
−7.3%
year over year
Total shareholder yield
10.3%
dividends 0.0% + buybacks 10.3% of market value
R&D spending
0.1%
of revenue
Sales & admin spending
13.0%
of revenue
Days sales outstanding
44 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in data processing & outsourced services
Last 12 months unless stated CNDT ALIT TTEC MMS TASK BR Median
Revenue, last 12 months $2.8bn $2.2bn $2.0bn $5.2bn $1.2bn $7.5bn $1.6bn
Revenue growth, last 12 months −5.7% −3.5% −4.8% −3.3% 11.4% 8.5% 4.4%
Revenue growth, 3-year average −9.8% 5.2% −6.3% 2.9% 9.3% 7.2% 6.2%
Revenue growth, latest quarter −11.9% −3.2% −11.3% −5.1% 5.0% 7.5% 1.9%
Gross margin 18.4% 32.1% — 25.6% — 31.8% 32.1%
Operating margin — −95.7% −6.4% 11.0% 11.7% 17.4% −1.6%
Operating margin, 3-year average — −47.9% −3.3% 9.9% 10.9% 16.8% −3.0%
Net margin −8.3% −90.9% −10.2% 7.1% 8.8% 15.0% −8.1%
Cash from operations / revenue −0.0% 15.8% 4.2% 8.9% 14.1% 18.0% 9.9%
Free-cash-flow margin −1.8% 11.2% 2.0% 8.3% 9.8% 17.1% 7.0%
Free-cash-flow margin, 3-year average −1.7% 9.4% 0.1% 4.3% 9.0% 16.3% 5.3%
Stock pay / revenue 0.4% 0.9% 0.6% 0.7% 1.9% 1.3% 1.1%
Change in share count −7.3% 0.0% 1.3% −6.3% −0.1% −1.0% −0.1%

Median of all 12 companies we cover in data processing & outsourced services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Commercial $1.5B 49.7% ▼ 5.9%
Government $922M 30.3% ▼ 6.3%
Transportation Services $609M 20.0% ▲ 3.9%
Geography
Region Revenue Share YoY
United States $2.5B 83.7% ▼ 11.8%
Europe $298M 9.8% ▲ 2.4%
Geographicalothercountries $199M 6.5% ▲ 11.8%

From Conduent Inc's 10-K filed February 19, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$167M
Institutions reporting
187
Shares held vs prior quarter
▲ 4.0%
Positions opened / closed
19 / 22

Top buyers and sellers, Q2 2026: 89 institutions bought and 70 sold ; the biggest buyer was Miller Value Partners, LLC (+3.0M shares) and the biggest seller Charles Schwab Investment Management Inc (−1.6M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Neuberger Berman Group LLC $24.2M 16.7M 14.5% ▲ 10.2%
Blackrock, Inc. $20.2M 13.8M 12.1% ▼ 0.1%
Miller Value Partners, LLC $19M 13.0M 11.4% ▲ 29.6%
Dimensional Fund Advisors LP $9.9M 6.8M 5.9% ▼ 10.9%
Vanguard Capital Management LLC $8.8M 6.1M 5.3% ▼ 8.1%
Blue Owl Capital Holdings LP $7.4M 5.0M 4.4% 0.0%
Charles Schwab Investment Management Inc $7.2M 4.9M 4.3% ▼ 24.1%
Geode Capital Management, LLC $5.7M 3.9M 3.4% ▲ 22.8%
Kennedy Capital Management LLC $5.6M 3.9M 3.4% ▲ 111.6%
State Street Corp $4.8M 3.3M 2.9% ▼ 4.7%
American Century Companies Inc $4M 2.8M 2.4% ▼ 22.9%
Renaissance Technologies LLC $4M 2.7M 2.4% ▲ 4.2%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Conduent Inc's complete shareholder register. Values are as reported by the filers ; 4 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $655,074 5 trades by 3 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $655,074 net buying
Insider Date Trade Shares Price Value
Agadi Harshavardhan V Chief Executive Officer February 20, 2026 Buy 117,099 $1.56 $182,674
Fucci Michael Director February 19, 2026 Buy 60,000 $1.44 $86,400
Agadi Harshavardhan V Chief Executive Officer February 19, 2026 Buy 110,000 $1.41 $155,100
Palau Hernandez Margarita Director February 18, 2026 Buy 50,000 $1.45 $72,500
Agadi Harshavardhan V Chief Executive Officer February 18, 2026 Buy 110,000 $1.44 $158,400

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 5 trades and filings

No trades in Conduent Inc disclosed in the last 12 months; 5 earlier trades on record.

  • Lois Frankel(D-FL 21):Sale (full), $1,001 - $15,000, traded May 13, 2019, filed May 21, 2019
  • Lois Frankel(D-FL 21):Sale (partial), $1,001 - $15,000, traded May 10, 2019, filed May 21, 2019
  • Lois Frankel(D-FL 21):Purchase, $1,001 - $15,000, traded June 15, 2018, filed June 22, 2018

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 6, 2026 estimated from the company's past filing pattern, not announced

  • August 10, 2026
  • May 11, 2026
  • February 12, 2026
  • November 7, 2025
  • August 6, 2025
  • May 7, 2025

Recent SEC filings

Data status

When each part of this page on Conduent Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Conduent Inc in brief

What does Conduent Inc do?
Conduent Inc is a US-listed company in the data processing & outsourced services industry. Its financial year ends in December.
What is Conduent Inc's stock ticker?
Conduent Inc trades under the ticker CNDT on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Conduent Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Conduent Inc reported revenue of $2.8B, 5.7% lower than a year earlier, according to its SEC filings.
What is Conduent Inc's free cash flow?
Conduent Inc's free-cash-flow margin is -1.8% of revenue over the trailing twelve months.
Who are Conduent Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Neuberger Berman Group LLC, Blackrock, Inc. and Miller Value Partners, LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Conduent Inc buying back stock, and does it pay a dividend?
Conduent Inc spent $25M on share repurchases over the trailing twelve months, and its diluted share count fell 7.3% over the year.
What is Conduent Inc's market cap?
On November 2, 2026, Conduent Inc's market capitalisation was about $242M and net debt of $494M. Market figures come from third-party market data and may be delayed.
Who are Conduent Inc's competitors?
In our Data Processing & Outsourced Services peer group, the companies closest to Conduent Inc are Alight, Inc. / Delaware, Ttec Holdings, Inc., Maximus, Inc., Taskus, Inc. and Broadridge Financial Solutions. The side-by-side comparison below sets their revenue, margins and growth against Conduent Inc's.
Are insiders buying or selling Conduent Inc stock?
Over the last 12 months, Conduent Inc's directors and officers reported 5 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.
When is Conduent Inc's next earnings date?
Around November 5, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Conduent Inc announces its own schedule.