DXC Technology Co

Listed Company

DXCCIK 0001688568NYSELarge AcceleratedServices-Computer Processing & Data PreparationNevadaFY ends Mar 31

Period

FY 2026

Revenue

$12.64B

Net Income

$18.00M

Total Assets

$12.89B

Equity

$2.94B

Shares Out

163.48M

Op. Cash Flow

$1.25B

Business

DXC Technology Co is a global provider of information technology services that helps organizations simplify, optimize, and modernize systems, integrate AI, and enhance security. It offers consulting and engineering services, enterprise and industry-specific software (including insurance solutions), business process services, cloud infrastructure, security, and modern workplace solutions. The company operates through two reportable segments: Global Business Services (GBS) and Global Infrastructure Services (GIS). DXC serves commercial and public sector clients worldwide through a direct sales force and global delivery capabilities.

Summary from filing dated 2025-05-15

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	Mar 31, 2026 2026-03-31	Mar 31, 2025 2025-03-31	Mar 31, 2024 2024-03-31
Revenues	12,644	12,871	13,667
Costs of services (excludes depreciation and amortization and restructuring costs)	9,613	9,770	10,576
Selling, general and administrative (excludes depreciation and amortization and restructuring costs)	1,402	1,348	1,244
Depreciation and amortization	1,160	1,287	1,404
Restructuring costs	115	153	111
Interest expense	216	265	298
Interest income	181	199	214
Gain on disposition of businesses	0	7	79
Other expense (income), net	−1	376	−218
Total costs and expenses	12,326	12,241	13,558
Income before income taxes	318	630	109
Income tax expense	290	234	23
Net income	28	396	86
Less: net income (loss) attributable to non-controlling interest, net of tax	10	7	−5
Net income attributable to DXC common stockholders	18	389	91
Income per common share:	—	—	—
Basic (in dollars per share)	0.1	2.15	0.46
Diluted (in dollars per share)	0.1	2.1	0.46

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	Mar 31, 2026 2026-03-31	Mar 31, 2025 2025-03-31
Assets:	—	—
Current assets:	—	—
Cash and cash equivalents	1,737	1,796
Receivables and contract assets, net of allowance for doubtful accounts of $27 and $32	2,973	2,972
Prepaid expenses	526	477
Other current assets	126	118
Total current assets	5,362	5,363
Intangible assets, net of accumulated amortization of $5,977 and $6,241	1,612	1,642
Operating lease assets, net	663	635
Goodwill	527	526
Deferred income taxes, net	802	819
Property and equipment, net of accumulated depreciation of $3,229 and $3,409	1,122	1,253
Other assets	2,802	2,967
Total Assets	12,890	13,205
LIABILITIES and EQUITY	—	—
Current liabilities:	—	—
Short-term debt and current maturities of long-term debt	520	880
Accounts payable	561	549
Accrued payroll and related costs	564	571
Operating lease liabilities	232	227
Accrued expenses and other current liabilities	1,261	1,358
Deferred revenue and advance contract payments	748	762
Income taxes payable	53	64
Total current liabilities	3,939	4,411
Long-term debt, net of current maturities	3,032	2,996
Non-current deferred revenue	559	635
Non-current income tax liabilities and deferred income taxes	502	495
Non-current operating lease liabilities	463	444
Non-current pension obligations	385	387
Other long-term liabilities	801	347
Total Liabilities	9,681	9,715
Commitments and contingencies	—	—
DXC stockholders’ equity:	—	—
Preferred stock, par value $0.01 per share; authorized 1,000,000 shares; none issued as of March 31, 2026 and March 31, 2025	0	0
Common stock, par value $0.01 per share; authorized 750,000,000 shares; issued 171,946,069 as of March 31, 2026 and 186,856,421 as of March 31, 2025	1	2
Additional paid-in capital	7,016	7,677
Accumulated deficit	−2,937	−3,451
Accumulated other comprehensive loss	−890	−762
Treasury stock, at cost, 6,460,358 and 5,653,666 shares as of March 31, 2026 and March 31, 2025	249	237
Total DXC stockholders’ equity	2,941	3,229
Non-controlling interest in subsidiaries	268	261
Total Equity	3,209	3,490
Total Liabilities and Equity	12,890	13,205

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	Mar 31, 2026 2026-03-31	Mar 31, 2025 2025-03-31	Mar 31, 2024 2024-03-31
Cash flows from operating activities:	—	—	—
Net income	28	396	86
Adjustments to reconcile net income to net cash provided by operating activities:	—	—	—
Depreciation and amortization	1,182	1,313	1,433
Goodwill impairment losses	14	0	0
Operating right-of-use expense	305	309	353
Pension & other post-employment benefits, actuarial & settlement losses (gains)	−169	232	−445
Share-based compensation	86	79	109
Deferred taxes	26	−35	−416
Loss (gain) on dispositions	−3	−24	131
Provision for losses on accounts receivable	9	12	0
Unrealized foreign currency exchange (gains) losses	14	−40	7
Impairment losses and contract write-offs	7	32	18
Amortization of debt issuance costs and discount	5	5	5
Cash surrender value in excess of premiums paid	−16	−12	−14
Other non-cash charges, net	−2	−7	−9
Changes in assets and liabilities, net of effects of acquisitions and dispositions:	—	—	—
Decrease in receivables	−294	−320	−176
(Increase) decrease in prepaid expenses and other current assets	164	81	−211
Decrease in accounts payable and accruals	−275	−335	−278
(Decrease) increase in income taxes payable and income tax liability	−19	−57	13
Decrease in operating lease liability	−305	−309	−353
Decrease in advance contract payments and deferred revenue	−95	−78	−290
Other operating activities, net	−6	0	8
Net cash provided by operating activities	1,248	1,398	1,361
Cash flows from investing activities:	—	—	—
Purchases of property and equipment	212	248	182
Payments for transition and transformation contract costs	106	135	198
Software purchased and developed	217	328	225
Business dispositions	0	26	26
Proceeds from sale of assets	35	161	75
Other investing activities, net	−16	−12	−13
Net cash used in investing activities	−484	−512	−491
Cash flows from financing activities:	—	—	—
Borrowings of commercial paper	0	367	1,784
Repayments of commercial paper	0	369	1,887
Principal payments on long-term debt	1,062	0	0
Payments on finance leases and borrowings for asset financing	188	298	430
Proceeds from bond issuance	742	0	0
Taxes paid related to net share settlements of share-based compensation awards	14	20	35
Repurchase of common stock	249	14	898
Other financing activities, net	−5	17	−21
Net cash used in financing activities	−776	−317	−1,487
Effect of exchange rate changes on cash and cash equivalents	−47	3	−17
Net (decrease) increase in cash and cash equivalents	−59	572	−634
Cash and cash equivalents at end of year	—	—	—
Cash and cash equivalents at end of year	—	—	—

Filings

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