CONDUENT Inc

Listed Company

CNDTCIK 0001677703NasdaqAcceleratedServices-Business Services, NecNew YorkFY ends Dec 31

Period

FY 2025

Revenue

$3.04B

Net Income

$-170.00M

Total Assets

$2.40B

Equity

$685.00M

Shares Out

155.10M

Op. Cash Flow

$-73.00M

CNDT$1.62−38.17% · past yearDBEQ Basic

Daily closing prices

Business

Conduent delivers digital business solutions and services across commercial, government, and transportation sectors, serving corporations, governments, and public agencies globally. The company provides customer experience management, business process outsourcing, document processing, government healthcare administration, benefits payments, and transportation tolling and transit solutions using cloud, AI, automation, and analytics. Conduent operates three reportable segments—Commercial (providing end-to-end business process services across industries), Government (administering public benefits, healthcare claims, and payment services), and Transportation (delivering tolling, fare collection, and digital mobility solutions)—with a global workforce of approximately 51,000 across 24 countries, including onshore, nearshore, and offshore delivery centers.

Summary from 10-K filed 2026-02-19

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenue	3,042	3,356	3,722	3,858	4,140
Cost of services (excluding depreciation and amortization)	2,490	2,730	2,888	3,018	3,138
Selling, general and administrative (excluding depreciation and amortization)	412	455	458	440	544
Research and development (excluding depreciation and amortization)	4	6	7	7	4
Depreciation and amortization	194	204	264	230	352
Restructuring and related costs	35	46	62	39	45
Interest expense	48	75	111	84	55
Goodwill impairment	0	28	287	358	0
(Gain) loss on divestitures and transaction costs, net	11	−696	10	−158	3
Litigation settlements (recoveries), net	−1	9	−30	−32	3
Loss on extinguishment of debt	1	8	0	0	15
Other (income) expenses, net	8	−13	−3	−1	6
Total Operating Costs and Expenses	3,202	2,852	4,054	3,985	4,165
Income (Loss) Before Income Taxes	−160	504	−332	−127	−25
Income tax expense (benefit)	10	78	−36	55	3
Net Income (Loss)	−170	426	−296	−182	−28
Basic (in dollars per share)	−1.14	2.28	−1.41	−0.89	−0.18
Diluted (in dollars per share)	−1.14	2.23	−1.41	−0.89	−0.18

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	233	366	498	582	415
Accounts receivable, net	500	493	559	630	699
Contract assets	123	132	178	171	154
Other current assets	213	261	240	242	228
Total current assets	1,069	1,252	1,655	1,625	1,680
Land, buildings and equipment, net	181	167	197	266	281
Operating lease right-of-use assets	136	169	191	197	231
Deferred contract costs, net	128	126	—	—	—
Goodwill	617	609	651	955	1,339
Other long-term assets	266	276	436	489	453
Total Assets	2,397	2,599	3,162	3,571	4,036
Current portion of long-term debt	22	24	34	35	30
Accounts payable	142	157	174	228	198
Accrued compensation and benefits costs	173	170	183	197	243
Contract liabilities	74	103	91	81	82
Other current liabilities	270	290	328	382	443
Total current liabilities	681	744	868	923	1,025
Long-term debt	665	615	1,248	1,277	1,383
Deferred taxes	19	24	30	83	75
Operating lease liabilities	102	138	157	160	184
Other long-term liabilities	103	93	84	69	95
Total Liabilities	1,570	1,614	2,387	2,512	2,762
Contingencies (See Note 15)	—	—	—	—	—
Series A convertible preferred stock	142	142	142	142	142
Common stock	2	2	2	2	2
Treasury stock, at cost	−235	−210	−27	0	—
Additional paid-in capital	3,968	3,952	3,938	3,924	3,910
Retained earnings (deficit)	−2,613	−2,433	−2,849	−2,543	−2,351
Accumulated other comprehensive loss	−437	−472	−435	−466	−429
Total Conduent Inc. Equity	685	839	629	917	—
Non-controlling Interest	0	4	4	0	—
Total Equity	685	843	633	917	1,132
Total Liabilities and Equity	2,397	2,599	3,162	3,571	4,036
Shares of common stock issued (in shares)	155	162	—	—	—
Shares of common stock outstanding (in shares)	155	162	212	218	215
Shares of Series A convertible preferred stock issued (in shares)	120,000	120,000	—	—	—
Shares of Series A convertible preferred stock outstanding (in shares)	120,000	120,000	120,000	120,000	120,000
Shares of common stock held in treasury (in shares)	70	61	9	0	—

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization	194	204	264	230	352
Contract inducement amortization	3	3	3	3	1
Deferred income taxes	−22	−5	−54	9	−21
Amortization of debt financing costs	1	3	4	4	6
(Gain) loss on divestitures and sales of fixed assets, net	2	−724	0	−165	1
Stock-based compensation	19	19	19	21	21
Accounts receivable	2	34	26	54	−45
Other current and long-term assets	−33	−60	−111	−123	−44
Accounts payable and accrued compensation and benefits costs	−12	−14	−52	−10	23
Other current and long-term liabilities	−60	−11	−2	−44	−68
Net change in income tax assets and liabilities	2	39	1	−11	−4
Net cash provided by (used in) operating activities	−73	−50	89	144	243
Cost of additions to land, buildings and equipment	−59	−28	−51	−92	−80
Cost of additions to internal use software	−22	−28	−42	−61	−67
Proceeds from divestitures	53	851	0	326	5
Net cash provided by (used in) investing activities	−28	795	−93	173	−142
Proceeds from revolving credit facility	259	80	0	0	100
Proceeds from the issuance of debt, net	5	0	0	13	1,299
Payments of debt issuance costs	−4	0	0	0	−9
Payments of revolving credit facility	−150	−80	0	−100	0
Payments of debt	−105	−676	−41	−33	−1,500
Treasury stock purchases	−25	−182	−27	0	0
Excise tax payment on treasury stock purchases	−2	0	0	—	—
Taxes paid for settlement of stock-based compensation	−2	−9	−7	−1	−10
Dividends paid on preferred stock	−10	−10	−10	−10	−10
(Repurchase of) contribution from noncontrolling interest	−5	0	4	—	—
Net cash provided by (used in) financing activities	−39	−877	−81	−131	−132
Effect of exchange rate changes on cash, cash equivalents and restricted cash	6	−10	6	−8	−7
Increase (decrease) in cash, cash equivalents and restricted cash	−134	−142	−79	178	−38

Filings

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Frequently asked questions

What is CONDUENT Inc's CIK number?

CONDUENT Inc's SEC CIK number is 0001677703 (1677703). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find CONDUENT Inc's SEC filings?

All of CONDUENT Inc's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did CONDUENT Inc last report earnings?

CONDUENT Inc (CNDT) most recently filed an earnings 8-K with the SEC on May 11, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001677703-26-000061). This is CONDUENT Inc's most recent earnings filing of record — not a forecast of its next earnings date.

What is CONDUENT Inc's most recent earnings 8-K?

CONDUENT Inc's latest earnings 8-K (Item 2.02) was filed May 11, 2026 under accession 0001677703-26-000061. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View CONDUENT Inc's latest earnings 8-K →
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