DXC Technology Co
Business
DXC Technology is an enterprise technology and innovation partner delivering software, services, and solutions to global enterprises and public sector organizations. The company provides managed infrastructure services, application modernization, industry-specific software solutions, and consulting & engineering services across financial, automotive, manufacturing, healthcare, and public sectors. DXC operates through three reportable segments—Consulting & Engineering Services, Global Infrastructure Services, and Insurance Software & Services—serving a global client base including many Fortune 500 companies across 60 countries.
Summary from 10-K filed 2026-05-08
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Revenues | 12,644 | 12,871 | 13,667 | 14,430 | 16,265 | |
| Costs of services (excludes depreciation and amortization and restructuring costs) | 9,613 | 9,770 | 10,576 | 11,246 | 12,683 | |
| Selling, general and administrative (excludes depreciation and amortization and restructuring costs) | 1,402 | 1,348 | 1,244 | 1,375 | 1,408 | |
| Depreciation and amortization | 1,160 | 1,287 | 1,404 | 1,519 | 1,717 | |
| Restructuring costs | 115 | 153 | 111 | 216 | 318 | |
| Interest expense | 216 | 265 | 298 | 200 | 204 | |
| Interest income | −181 | −199 | −214 | −135 | −65 | |
| Gain on disposition of businesses | 0 | −7 | −79 | −190 | −371 | |
| Other expense (income), net | 1 | −376 | 218 | 1,084 | −1,081 | |
| Total costs and expenses | 12,326 | 12,241 | 13,558 | 15,315 | 15,124 | |
| Income before income taxes | 318 | 630 | 109 | −885 | 1,141 | |
| Income tax expense | 290 | 234 | 23 | −319 | 405 | |
| Net income | 28 | 396 | 86 | −566 | 736 | |
| Less: net income (loss) attributable to non-controlling interest, net of tax | 10 | 7 | −5 | 2 | 18 | |
| Net income attributable to DXC common stockholders | 18 | 389 | 91 | −568 | 718 | |
| Basic (in dollars per share) | 0.1 | 2.15 | 0.46 | −2.48 | 2.87 | |
| Diluted (in dollars per share) | 0.1 | 2.1 | 0.46 | −2.48 | 2.81 |
Consolidated Balance Sheet
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 1,700 | 1,796 | 1,224 | 1,858 | 2,672 | |
| Receivables and contract assets, net of allowance for doubtful accounts of $27 and $32 | 2,973 | 2,972 | 3,253 | 3,441 | 3,854 | |
| Prepaid expenses | 526 | 477 | 512 | 565 | 617 | |
| Other current assets | 126 | 118 | 146 | 255 | 268 | |
| Total current assets | 5,362 | 5,363 | 5,135 | 6,124 | 7,446 | |
| Intangible assets, net of accumulated amortization of $5,977 and $6,241 | 1,612 | 1,642 | 2,130 | 2,569 | 3,378 | |
| Operating lease assets, net | 663 | 635 | 731 | 909 | 1,133 | |
| Goodwill | 527 | 526 | 532 | 539 | 617 | |
| Deferred income taxes, net | 802 | 819 | 804 | 460 | 221 | |
| Property and equipment, net of accumulated depreciation of $3,229 and $3,409 | 1,122 | 1,253 | 1,671 | 1,979 | 2,412 | |
| Other assets | 2,802 | 2,967 | 2,857 | 3,247 | 4,850 | |
| Total Assets | 12,890 | 13,205 | 13,871 | 15,845 | 20,139 | |
| Short-term debt and current maturities of long-term debt | 520 | 880 | 271 | — | — | |
| Accounts payable | 561 | 549 | 846 | 782 | 840 | |
| Accrued payroll and related costs | 564 | 571 | 558 | 569 | 570 | |
| Operating lease liabilities | 232 | 227 | 282 | 317 | 388 | |
| Accrued expenses and other current liabilities | 1,261 | 1,358 | 1,437 | 1,836 | 2,882 | |
| Deferred revenue and advance contract payments | 748 | 762 | 866 | 1,054 | 1,053 | |
| Income taxes payable | 53 | 64 | 134 | 120 | 197 | |
| Total current liabilities | 3,939 | 4,411 | 4,394 | 5,187 | 6,853 | |
| Long-term debt, net of current maturities | 3,032 | 2,996 | — | — | — | |
| Non-current deferred revenue | 559 | 635 | 671 | 788 | 862 | |
| Non-current income tax liabilities and deferred income taxes | 502 | 495 | 556 | 587 | 994 | |
| Non-current operating lease liabilities | 463 | 444 | 497 | 648 | 815 | |
| Non-current pension obligations | 385 | 387 | 423 | 463 | 590 | |
| Other long-term liabilities | 801 | 347 | 446 | 449 | 546 | |
| Total Liabilities | 9,681 | 9,715 | 10,805 | 12,025 | 14,764 | |
| Commitments and contingencies | — | — | — | — | — | |
| 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 | 0 | 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 | 2 | 2 | 3 | |
| Additional paid-in capital | 7,016 | 7,677 | 7,599 | 9,121 | 10,057 | |
| Accumulated deficit | −2,937 | −3,451 | −3,839 | −4,665 | −4,450 | |
| Accumulated other comprehensive loss | −890 | −762 | −732 | −774 | −385 | |
| Treasury stock, at cost, 6,460,358 and 5,653,666 shares as of March 31, 2026 and March 31, 2025 | −249 | −237 | −219 | — | — | |
| Total DXC stockholders equity | 2,941 | 3,229 | 2,811 | 3,497 | 5,052 | |
| Non-controlling interest in subsidiaries | 268 | 261 | 255 | 323 | 323 | |
| Total Equity | 3,209 | 3,490 | 3,066 | 3,820 | 5,375 | |
| Total Liabilities and Equity | 12,890 | 13,205 | 13,871 | 15,845 | 20,139 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 1,182 | 1,313 | 1,433 | 1,551 | 1,742 | |
| Goodwill impairment losses | 14 | 0 | 0 | — | — | |
| Operating right-of-use expense | 305 | 309 | 353 | 404 | 484 | |
| Pension & other post-employment benefits, actuarial & settlement losses (gains) | 169 | −232 | 445 | — | — | |
| Share-based compensation | 86 | 79 | 109 | 108 | 101 | |
| Deferred taxes | 26 | −35 | −416 | −609 | 255 | |
| Loss (gain) on dispositions | 3 | 24 | −131 | −260 | −421 | |
| Provision for losses on accounts receivable | 9 | 12 | 0 | −1 | — | |
| Unrealized foreign currency exchange (gains) losses | −14 | 40 | −7 | 8 | −12 | |
| Impairment losses and contract write-offs | 7 | 32 | 18 | 47 | 51 | |
| Amortization of debt issuance costs and discount | 5 | 5 | 5 | 4 | 0 | |
| Cash surrender value in excess of premiums paid | −16 | −12 | −14 | −17 | −24 | |
| Other non-cash charges, net | 2 | 7 | 9 | 4 | 15 | |
| Decrease in receivables | 294 | 320 | 176 | 412 | 228 | |
| (Increase) decrease in prepaid expenses and other current assets | −164 | −81 | 211 | −119 | −48 | |
| Decrease in accounts payable and accruals | −275 | −335 | −278 | −424 | −714 | |
| (Decrease) increase in income taxes payable and income tax liability | −19 | −57 | 13 | −161 | −315 | |
| Decrease in operating lease liability | −305 | −309 | −353 | −404 | −484 | |
| Decrease in advance contract payments and deferred revenue | −95 | −78 | −290 | 11 | 270 | |
| Other operating activities, net | 6 | 0 | −8 | −4 | 5 | |
| Net cash provided by operating activities | 1,248 | 1,398 | 1,361 | 1,415 | 1,501 | |
| Purchases of property and equipment | −212 | −248 | −182 | −267 | −254 | |
| Payments for transition and transformation contract costs | −106 | −135 | −198 | −223 | −209 | |
| Software purchased and developed | −217 | −328 | −225 | −188 | −295 | |
| Business dispositions | 0 | 26 | 26 | −147 | 533 | |
| Proceeds from sale of assets | 35 | 161 | 75 | 171 | 100 | |
| Other investing activities, net | 16 | 12 | 13 | 19 | 41 | |
| Net cash used in investing activities | −484 | −512 | −491 | −635 | −60 | |
| Borrowings of commercial paper | 0 | 367 | 1,784 | 1,514 | 1,068 | |
| Repayments of commercial paper | 0 | −369 | −1,887 | −1,757 | −905 | |
| Principal payments on long-term debt | −1,062 | 0 | 0 | −63 | −2,872 | |
| Payments on finance leases and borrowings for asset financing | −188 | −298 | −430 | −511 | −990 | |
| Proceeds from bond issuance | 742 | 0 | 0 | — | — | |
| Taxes paid related to net share settlements of share-based compensation awards | −14 | −20 | −35 | −17 | −18 | |
| Repurchase of common stock | −249 | −14 | −898 | −669 | −628 | |
| Other financing activities, net | −5 | 17 | −21 | −6 | −79 | |
| Net cash used in financing activities | −776 | −317 | −1,487 | −1,507 | −1,818 | |
| Effect of exchange rate changes on cash and cash equivalents | −47 | 3 | −17 | — | — | |
| Net (decrease) increase in cash and cash equivalents | −59 | 572 | −634 | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is DXC Technology Co's CIK number?
DXC Technology Co's SEC CIK number is 0001688568 (1688568). 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 DXC Technology Co's SEC filings?
All of DXC Technology Co'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 DXC Technology Co last report earnings?
DXC Technology Co (DXC) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001688568-26-000020). This is DXC Technology Co's most recent earnings filing of record — not a forecast of its next earnings date.
What is DXC Technology Co's most recent earnings 8-K?
DXC Technology Co's latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001688568-26-000020. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View DXC Technology Co's latest earnings 8-K →
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