Conduent Inc income statement
In fiscal 2025, Conduent Inc reported revenue of $3.04bn, down 9.4% on the year before and net income of −$170m, or −$1.14 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Cost of revenue | — | — | 5,174 | 4,730 | 4,182 | 3,494 | 3,209 | 3,138 | 3,018 | 2,888 | 2,730 | 2,490 | 2,277 |
| Gross profit | — | 685 | 910 | 1,045 | 1,211 | 973 | 954 | 1,002 | 840 | 834 | 626 | 552 | 514 |
| Research and development | 46 | 52 | 31 | 12 | 11 | 8 | 1 | 4 | 7 | 7 | 6 | 4 | 3 |
| Selling, general and administrative | 659 | 699 | 679 | 611 | 560 | 479 | 468 | 544 | 440 | 458 | 455 | 412 | 363 |
| Operating income | 74 | 104 | — | — | — | — | — | — | — | — | — | — | — |
| Interest expense | 11 | 8 | 40 | 137 | 112 | 78 | 60 | 55 | 84 | 111 | 75 | 48 | 49 |
| Income before tax | 10 | −574 | −1,227 | −16 | −395 | −2,106 | −139 | −25 | −127 | −332 | 504 | −160 | −150 |
| Income tax | −24 | −238 | −244 | −193 | 21 | −172 | −21 | 3 | 55 | −36 | 78 | 10 | 31 |
| 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 |
| Diluted shares (average) | 203m | 203m | 203m | 207m | 206m | 209m | 210m | 213m | 216m | 217m | 191m | 158m | 155m |
| EBITDA | 861 | 704 | — | — | — | — | — | — | — | — | — | — | — |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 807 | 800 | 751 | 603 | 767 | 770 | 723 | 531 |
| Cost of revenue | 656 | 662 | 618 | 489 | 631 | 624 | 587 | 435 |
| Gross profit | 151 | 138 | 133 | 114 | 136 | 146 | 136 | 96 |
| Research and development | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 0 |
| Selling, general and administrative | 115 | 109 | 120 | 90 | 96 | 96 | 91 | 80 |
| Interest expense | 16 | 13 | 12 | 12 | 12 | 12 | 12 | 13 |
| Income before tax | 159 | −82 | −56 | −43 | −38 | −28 | −27 | −57 |
| Income tax | 36 | −70 | −5 | −1 | 8 | 5 | 6 | 12 |
| Net income | 123 | −12 | −51 | −43 | −46 | −33 | −33 | −119 |
| Diluted EPS | $0.72 | $0.01 | −$0.33 | −$0.26 | −$0.30 | −$0.24 | −$0.23 | −$0.76 |
Compare with peers
- Alight, Inc. / Delaware income statement
- Ttec Holdings, Inc. income statement
- Maximus, Inc. income statement
- Taskus, Inc. income statement
- Broadridge Financial Solutions income statement
Head to head: ALIT vs CNDTCNDT vs TTECCNDT vs MMS
More: Data Processing & Outsourced Services stocks compared, Industrials sector, rankings of US companies