DXC
DXC Technology Company15.09
-0.33-2.14%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q3 '26
Fast Track accelerates, bookings delay
Q&A unpacked Fast Track details, with Raul detailing Core Ignite's lightweight gateway atop Hogan for seamless fintech ties via Ripple and Euronet partnerships, shifting to transaction-fee pricing over rates-times-hours for scalable margins. Development sprints ahead of plan, eyeing quicker revenue than expected; Oasis pilots loom in GIS. Booking delays from short-term weakness pushed CES rebound to FY2027, echoing insurance BPS slips, while US lagged but ROW strengthened. Stable pricing held firm; AI boosts internal productivity. Management stayed open to accretive M&A post organic wins. Delays frustrate, Fast Track tantalizes. Watch June Investor Day demos.
Key Stats
Market Cap
2.70BP/E (TTM)
7.47Basic EPS (TTM)
2.02Dividend Yield
0%Recent Filings
10-Q
Q3 FY2026 results
DXC posted Q3 FY2026 revenues of $3.2B, down 1% y/y yet edging up sequentially from prior quarters amid GIS softness offset by Insurance gains. Net income hit $107M with diluted EPS at $0.61, up sharply from $0.31 y/y on lower restructuring ($20M vs $43M), D&A ($283M vs $320M), and interest expense ($54M vs $66M), while gross margin slipped to 23.8% from 24.9%; YTD net income $159M ($0.88/share) trails 3x Q3 pace due to Q1 GIS goodwill impairment. Cash at $1.7B with YTD FCF $603M (op cash $1.0B minus capex $406M, derived); total debt fell to $3.6B after refinancing €650M notes at 4.25% due 2031. Repurchased $190M shares YTD. IRS tax disputes loom large.
8-K
DXC Q3 revenue dips, margins rise
DXC Technology posted Q3 FY26 revenue of $3.19B, down 1.0% YoY but with EBIT margin up to 5.6% and non-GAAP EPS at $0.96, up 4.3%. Bookings hit $3.6B for 1.12x book-to-bill, yet declined 17% YoY; YTD free cash flow reached $603M, up 4.7%. Repurchased $65M shares, redeemed $300M notes. Cash flow holds firm. Guides FY26 revenue ~$12.69B, non-GAAP EPS ~$3.15.
8-K
DXC redeems 2026 notes
DXC Technology issued notices on December 9, 2025, to fully redeem €650 million of 1.750% Senior Notes due 2026 by December 24 and partially redeem $300 million of 1.800% Senior Notes due 2026 by December 19, at par plus interest (make-whole for USD). Proceeds from a completed €650 million 4.250% Notes due 2030 offering, netting €632.4 million, fund the paydown. Debt refinanced at higher rates. Risks in forward-looking statements.
8-K
DXC subsidiary prices €650M notes
DXC Capital Funding DAC, DXC Technology's subsidiary, priced €650 million 4.250% Senior Notes due 2030 at 99.784% on December 2, 2025, with closing set for December 9. Guaranteed by DXC and its Luxembourg parent, proceeds target repaying 1.750% Senior Notes due 2026 plus general corporate uses. Notes target Luxembourg Stock Exchange listing. Risks shadow forward-looking plans.
10-Q
Q2 FY2026 results
DXC revenues dipped 2.5% y/y to $3.2B in Q2 FY2026 ended September 30, 2025, yet pre-tax income jumped 41% y/y to $131M on lower costs and restructuring. GIS (50% of revenue) fell 4.2% y/y while Insurance grew 4.6% y/y; operating cash flow through H1 hit $595M, yielding $337M free cash flow (derived). Cash climbed to $1.9B, total debt $4.0B including $1.8B due 2026-2027; $125M share repurchases trimmed shares. Diluted EPS of $0.20 reconciles to 179M shares. GIS took a $14M goodwill hit from segment shift. IRS tax disputes linger.
IPO
Website
Employees
Sector
Industry
CACI
CACI International, Inc.
560.20-7.21
CDW
CDW Corporation
145.02+0.14
CYCU
Cycurion, Inc.
3.13-0.20
DELL
Dell Technologies Inc.
133.75+3.24
DTST
Data Storage Corporation
5.02+0.00
EXLS
ExlService Holdings, Inc.
41.78+0.26
IBEX
IBEX Limited
37.87+0.74
KD
Kyndryl Holdings, Inc.
26.51-0.04
TTEC
TTEC Holdings, Inc.
3.74-0.03
UIS
Unisys Corporation New
2.84-0.04