8-K Announcements
6Mar 25, 2026·SEC
Mar 6, 2026·SEC
Feb 12, 2026·SEC
Conduent Incorporated (CNDT) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Conduent Incorporated (CNDT) stock price & volume — 10-year historical chart
Conduent Incorporated (CNDT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Conduent Incorporated (CNDT) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 12, 2026 | $0.09vs $0.06-50.0% | $770Mvs $792M-2.8% |
| Q4 2025 | Nov 7, 2025 | $0.09vs $0.07-28.6% | $767Mvs $794M-3.3% |
| Q3 2025 | Aug 6, 2025 | $0.13vs $0.19+31.6% | $754Mvs $807M-6.5% |
| Q2 2025 | May 7, 2025 | $0.13vs $0.19+31.6% | $751Mvs $780M-3.7% |
Conduent Incorporated (CNDT) competitors in Customer Experience Outsourcing and BPO — business model, growth, and fundamentals comparison
Conduent Incorporated (CNDT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Conduent Incorporated (CNDT) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 6.02B | 5.39B | 4.47B | 4.16B | 4.14B | 3.86B | 3.72B | 3.36B | 3.04B |
| Revenue Growth % | -6.02% | -10.45% | -17.17% | -6.81% | -0.55% | -6.81% | -3.53% | -9.83% | -9.36% |
| Cost of Goods Sold | 4.98B | 4.18B | 3.49B | 3.21B | 3.14B | 3.02B | 2.89B | 2.73B | 2.49B |
| COGS % of Revenue | 82.65% | 77.55% | 78.22% | 77.08% | 75.8% | 78.23% | 77.59% | 81.35% | 81.85% |
| Gross Profit | 1.04B▲ 0% | 1.21B▲ 15.9% | 973M▼ 19.7% | 954M▼ 2.0% | 1B▲ 5.0% | 840M▼ 16.2% | 834M▼ 0.7% | 626M▼ 24.9% | 552M▼ 11.8% |
| Gross Margin % | 17.35% | 22.45% | 21.78% | 22.92% | 24.2% | 21.77% | 22.41% | 18.65% | 18.15% |
| Gross Profit Growth % | 14.84% | 15.89% | -19.65% | -1.95% | 5.03% | -16.17% | -0.71% | -24.94% | -11.82% |
| Operating Expenses | 871M | 1.03B | 487M | 469M | 900M | 677M | 465M | 461M | 416M |
| OpEx % of Revenue | 14.46% | 19.12% | 10.9% | 11.27% | 21.74% | 17.55% | 12.49% | 13.74% | 13.68% |
| Selling, General & Admin | 615M | 560M | 0 | 0 | 544M | 440M | 0 | 0 | 412M |
| SG&A % of Revenue | 10.21% | 10.38% | - | - | 13.14% | 11.4% | - | - | 13.54% |
| Research & Development | 13M | 11M | 8M | 1M | 4M | 7M | 7M | 6M | 4M |
| R&D % of Revenue | 0.22% | 0.2% | 0.18% | 0.02% | 0.1% | 0.18% | 0.19% | 0.18% | 0.13% |
| Other Operating Expenses | 18M | -5M | 479M | 468M | 352M | 230M | 458M | 455M | 0 |
| Operating Income | 174M▲ 0% | 180M▲ 3.4% | 486M▲ 170.0% | 485M▼ 0.2% | 102M▼ 79.0% | 163M▲ 59.8% | 369M▲ 126.4% | 165M▼ 55.3% | 136M▼ 17.6% |
| Operating Margin % | 2.89% | 3.34% | 10.88% | 11.65% | 2.46% | 4.23% | 9.91% | 4.92% | 4.47% |
| Operating Income Growth % | 300% | 3.45% | 170% | -0.21% | -78.97% | 59.8% | 126.38% | -55.28% | -17.58% |
| EBITDA | 669M | 640M | 895M | 886M | 454M | 393M | 519M | 290M | 330M |
| EBITDA Margin % | 11.11% | 11.87% | 20.04% | 21.28% | 10.97% | 10.19% | 13.94% | 8.64% | 10.85% |
| EBITDA Growth % | 27.19% | -4.33% | 39.84% | -1.01% | -48.76% | -13.44% | 32.06% | -44.12% | 13.79% |
| D&A (Non-Cash Add-back) | 495M | 460M | 409M | 401M | 352M | 230M | 150M | 125M | 194M |
| EBIT | 178M | -283M | 31M | 23M | 30M | -43M | 90M | -49M | -66M |
| Net Interest Income | -137M | -112M | -78M | -60M | -54M | -77M | -93M | -75M | -48M |
| Interest Income | 0 | 0 | 0 | 0 | 1M | 7M | 18M | 0 | 0 |
| Interest Expense | 137M | 112M | 78M | 60M | 55M | 84M | 111M | 75M | 48M |
| Other Income/Expense | -193M | -575M | -2.25B | -624M | -127M | -290M | -701M | 339M | -296M |
| Pretax Income | -16M▲ 0% | -395M▼ 2368.8% | -1.76B▼ 346.1% | -139M▲ 92.1% | -25M▲ 82.0% | -127M▼ 408.0% | -332M▼ 161.4% | 504M▲ 251.8% | -160M▼ 131.7% |
| Pretax Margin % | -0.27% | -7.32% | -39.44% | -3.34% | -0.6% | -3.29% | -8.92% | 15.02% | -5.26% |
| Income Tax | -193M | 21M | 172M | -21M | 3M | 55M | -36M | 78M | 10M |
| Effective Tax Rate % | 1206.25% | -5.32% | -9.76% | 15.11% | -12% | -43.31% | 10.84% | 15.48% | -6.25% |
| Net Income | 181M▲ 0% | -416M▼ 329.8% | -1.93B▼ 364.9% | -118M▲ 93.9% | -28M▲ 76.3% | -182M▼ 550.0% | -296M▼ 62.6% | 426M▲ 243.9% | -170M▼ 139.9% |
| Net Margin % | 3.01% | -7.71% | -43.3% | -2.83% | -0.68% | -4.72% | -7.95% | 12.69% | -5.59% |
| Net Income Growth % | 118.41% | -329.83% | -364.9% | 93.9% | 76.27% | -550% | -62.64% | 243.92% | -139.91% |
| Net Income (Continuing) | 177M | -416M | -1.93B | -118M | -28M | -182M | -296M | 426M | -170M |
| Discontinued Operations | 4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 4M | 4M | 0 |
| EPS (Diluted) | 0.83▲ 0% | -2.02▼ 343.4% | -9.24▼ 357.4% | -0.56▲ 93.9% | -0.13▲ 76.8% | -0.84▼ 546.2% | -1.41▼ 67.9% | 2.23▲ 258.2% | -1.14▼ 151.1% |
| EPS Growth % | 117.11% | -343.37% | -357.43% | 93.94% | 76.79% | -546.15% | -67.86% | 258.16% | -151.12% |
| EPS (Basic) | 0.84 | -2.02 | -9.24 | -0.56 | -0.13 | -0.84 | -1.41 | 2.28 | -1.14 |
| Diluted Shares Outstanding | 218.07M | 206.06M | 209.32M | 210.02M | 212.72M | 215.89M | 216.78M | 191.13M | 158.42M |
| Basic Shares Outstanding | 204M | 206.06M | 209.32M | 210.02M | 212.72M | 215.89M | 216.78M | 182.51M | 149.12M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
Conduent Incorporated (CNDT) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 2.71B | 1.96B | 1.59B | 1.58B | 1.68B | 1.63B | 1.66B | 1.25B | 1.07B |
| Cash & Short-Term Investments | 658M | 756M | 496M | 450M | 415M | 582M | 498M | 366M | 233M |
| Cash Only | 658M | 756M | 496M | 450M | 415M | 582M | 498M | 366M | 233M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.15B | 1.03B | 917M | 943M | 911M | 852M | 783M | 695M | 623M |
| Days Sales Outstanding | 69.4 | 69.51 | 74.93 | 82.68 | 80.32 | 80.61 | 76.79 | 75.59 | 74.75 |
| Inventory | 757M | 15M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | 55.52 | 1.31 | - | - | - | - | - | - | - |
| Other Current Assets | 865M | 162M | 103M | 111M | 270M | 103M | 304M | 114M | 213M |
| Total Non-Current Assets | 4.84B | 4.72B | 2.93B | 2.68B | 2.36B | 1.95B | 1.51B | 1.35B | 1.33B |
| Property, Plant & Equipment | 257M | 328M | 613M | 551M | 512M | 463M | 388M | 336M | 317M |
| Fixed Asset Turnover | 23.43x | 16.44x | 7.29x | 7.56x | 8.09x | 8.33x | 9.59x | 9.99x | 9.60x |
| Goodwill | 3.37B | 3.41B | 1.5B | 1.53B | 1.34B | 955M | 651M | 609M | 617M |
| Intangible Assets | 891M | 651M | 616M | 422M | 326M | 338M | 267M | 193M | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3M | 0 |
| Other Non-Current Assets | 324M | 329M | 197M | 178M | 179M | 170M | 180M | 183M | 394M |
| Total Assets | 7.55B▲ 0% | 6.68B▼ 11.5% | 4.51B▼ 32.4% | 4.26B▼ 5.7% | 4.04B▼ 5.2% | 3.57B▼ 11.5% | 3.16B▼ 11.5% | 2.6B▼ 17.8% | 2.4B▼ 7.8% |
| Asset Turnover | 0.80x | 0.81x | 0.99x | 0.98x | 1.03x | 1.08x | 1.18x | 1.29x | 1.27x |
| Asset Growth % | -2.09% | -11.5% | -32.43% | -5.72% | -5.17% | -11.52% | -11.45% | -17.81% | -7.77% |
| Total Current Liabilities | 1.37B | 1.2B | 1.18B | 1.09B | 1.02B | 923M | 868M | 744M | 681M |
| Accounts Payable | 118M | 230M | 198M | 182M | 198M | 228M | 174M | 157M | 142M |
| Days Payables Outstanding | 8.65 | 20.07 | 20.68 | 20.7 | 23.03 | 27.57 | 21.99 | 20.99 | 20.82 |
| Short-Term Debt | 82M | 55M | 50M | 90M | 30M | 35M | 34M | 24M | 22M |
| Deferred Revenue (Current) | 151M | 112M | 108M | 133M | 82M | 81M | 91M | 103M | 0 |
| Other Current Liabilities | 486M | 374M | 216M | 269M | 300M | 250M | 295M | 42M | 344M |
| Current Ratio | 1.98x | 1.64x | 1.35x | 1.44x | 1.64x | 1.76x | 1.91x | 1.68x | 1.57x |
| Quick Ratio | 1.43x | 1.63x | 1.35x | 1.44x | 1.64x | 1.76x | 1.91x | 1.68x | 1.57x |
| Cash Conversion Cycle | 116.26 | 50.74 | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 2.65B | 2.26B | 2.04B | 1.97B | 1.88B | 1.73B | 1.66B | 870M | 889M |
| Long-Term Debt | 1.98B | 1.51B | 1.46B | 1.42B | 1.38B | 1.28B | 1.25B | 615M | 665M |
| Capital Lease Obligations | 0 | 0 | 229M | 207M | 184M | 160M | 157M | 138M | 102M |
| Deferred Tax Liabilities | 384M | 327M | 111M | 121M | 75M | 83M | 30M | 24M | 0 |
| Other Non-Current Liabilities | 146M | 280M | 212M | 197M | 189M | 169M | 171M | 41M | 122M |
| Total Liabilities | 4.02B | 3.46B | 3.21B | 3.07B | 2.9B | 2.65B | 2.53B | 1.61B | 1.57B |
| Total Debt | 2.06B | 1.57B | 1.83B | 1.8B | 1.67B | 1.53B | 1.49B | 829M | 789M |
| Net Debt | 1.4B | 811M | 1.34B | 1.35B | 1.25B | 947M | 995M | 463M | 556M |
| Debt / Equity | 0.58x | 0.49x | 1.41x | 1.51x | 1.47x | 1.67x | 2.36x | 0.84x | 0.95x |
| Debt / EBITDA | 3.08x | 2.45x | 2.05x | 2.03x | 3.67x | 3.89x | 2.88x | 2.86x | 2.39x |
| Net Debt / EBITDA | 2.10x | 1.27x | 1.49x | 1.52x | 2.76x | 2.41x | 1.92x | 1.60x | 1.68x |
| Interest Coverage | 1.27x | 1.61x | 6.23x | 8.08x | 1.85x | 1.94x | 3.32x | 2.20x | 2.83x |
| Total Equity | 3.53B▲ 0% | 3.22B▼ 8.7% | 1.3B▼ 59.7% | 1.19B▼ 8.5% | 1.13B▼ 4.9% | 917M▼ 19.0% | 633M▼ 31.0% | 985M▲ 55.6% | 827M▼ 16.0% |
| Equity Growth % | 7.33% | -8.7% | -59.65% | -8.46% | -4.87% | -18.99% | -30.97% | 55.61% | -16.04% |
| Book Value per Share | 16.18 | 15.64 | 6.21 | 5.67 | 5.32 | 4.25 | 2.92 | 5.15 | 5.22 |
| Total Shareholders' Equity | 3.53B | 3.22B | 1.3B | 1.19B | 1.13B | 917M | 629M | 981M | 827M |
| Common Stock | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M |
| Retained Earnings | 171M | -233M | -2.19B | -2.31B | -2.35B | -2.54B | -2.85B | -2.43B | -2.61B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | -27M | -210M | -235M |
| Accumulated OCI | -494M | -425M | -407M | -398M | -429M | -466M | -435M | -472M | -437M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 4M | 4M | 0 |
Conduent Incorporated (CNDT) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 302M | 283M | 132M | 161M | 243M | 144M | 89M | -50M | -73M |
| Operating CF Margin % | 5.01% | 5.25% | 2.96% | 3.87% | 5.87% | 3.73% | 2.39% | -1.49% | -2.4% |
| Operating CF Growth % | 179.63% | -6.29% | -53.36% | 21.97% | 50.93% | -40.74% | -38.19% | -156.18% | -46% |
| Net Income | 181M | -416M | -1.93B | -118M | -28M | -182M | -296M | 426M | -170M |
| Depreciation & Amortization | 497M | 460M | 459M | 459M | 387M | 230M | 264M | 204M | 198M |
| Stock-Based Compensation | 40M | 38M | 24M | 20M | 21M | 21M | 19M | 19M | 19M |
| Deferred Taxes | -230M | -75M | -220M | -21M | 0 | 9M | -54M | -5M | -22M |
| Other Non-Cash Items | -58M | 158M | 1.99B | 14M | 20M | 200M | 294M | -682M | 5M |
| Working Capital Changes | -128M | 118M | -183M | -193M | -157M | -134M | -138M | -12M | -103M |
| Change in Receivables | 31M | 133M | 107M | -14M | -45M | 54M | 26M | 34M | 0 |
| Change in Inventory | -121M | 58M | -261M | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -49M | -56M | -32M | 39M | 0 | -10M | -52M | 0 | 0 |
| Cash from Investing | 74M | 460M | -310M | -134M | -142M | 173M | -93M | 795M | -28M |
| Capital Expenditures | -132M | -224M | -215M | -76M | -80M | -92M | -51M | -28M | 0 |
| CapEx % of Revenue | 2.19% | 4.15% | 4.81% | 1.83% | 1.93% | 2.38% | 1.37% | 0.83% | 1.94% |
| Acquisitions | 56M | 675M | -97M | 5M | 0 | 326M | 0 | 851M | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -3M | -37M | 2M | -63M | -62M | -61M | -42M | -28M | -28M |
| Cash from Financing | -109M | -637M | -85M | -74M | -132M | -131M | -81M | -877M | -39M |
| Debt Issued (Net) | -96M | -519M | -54M | -50M | -101M | -120M | -41M | -676M | 9M |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | -1000K | 0 | -1000K | -1000K | -1000K |
| Dividends Paid | -10M | -10M | -10M | -10M | -10M | -10M | -10M | -10M | -10M |
| Share Repurchases | 306M | -10M | -21M | 0 | -10M | 0 | -27M | -182M | -29M |
| Other Financing | -18M | -108M | -21M | -14M | -11M | -1M | -3M | -9M | -9M |
| Net Change in Cash | 268M▲ 0% | 98M▼ 63.4% | -260M▼ 365.3% | -47M▲ 81.9% | -38M▲ 19.1% | 178M▲ 568.4% | -79M▼ 144.4% | -142M▼ 79.7% | -134M▲ 5.6% |
| Free Cash Flow | 170M▲ 0% | 59M▼ 65.3% | -83M▼ 240.7% | 22M▲ 126.5% | 163M▲ 640.9% | -9M▼ 105.5% | -4M▲ 55.6% | -106M▼ 2550.0% | -132M▼ 24.5% |
| FCF Margin % | 2.82% | 1.09% | -1.86% | 0.53% | 3.94% | -0.23% | -0.11% | -3.16% | -4.34% |
| FCF Growth % | 312.5% | -65.29% | -240.68% | 126.51% | 640.91% | -105.52% | 55.56% | -2550% | -24.53% |
| FCF per Share | 0.78 | 0.29 | -0.40 | 0.10 | 0.77 | -0.04 | -0.02 | -0.55 | -0.83 |
| FCF Conversion (FCF/Net Income) | 1.67x | -0.68x | -0.07x | -1.36x | -8.68x | -0.79x | -0.30x | -0.12x | 0.43x |
| Interest Paid | 0 | 0 | 0 | 0 | 40M | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Conduent Incorporated (CNDT) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -23.27% | 5.31% | -12.32% | -85.54% | -9.48% | -2.41% | -17.76% | -38.19% | 52.66% | -18.76% |
| Return on Invested Capital (ROIC) | -1.32% | 2.67% | 3.01% | 10.93% | 14.06% | 3.11% | 5.75% | 15.85% | 8.05% | 7.21% |
| Gross Margin | 14.2% | 17.35% | 22.45% | 21.78% | 22.92% | 24.2% | 21.77% | 22.41% | 18.65% | 18.15% |
| Net Margin | -15.34% | 3.01% | -7.71% | -43.3% | -2.83% | -0.68% | -4.72% | -7.95% | 12.69% | -5.59% |
| Debt / Equity | 0.59x | 0.58x | 0.49x | 1.41x | 1.51x | 1.47x | 1.67x | 2.36x | 0.84x | 0.95x |
| Interest Coverage | -2.18x | 1.27x | 1.61x | 6.23x | 8.08x | 1.85x | 1.94x | 3.32x | 2.20x | 2.83x |
| FCF Conversion | -0.11x | 1.67x | -0.68x | -0.07x | -1.36x | -8.68x | -0.79x | -0.30x | -0.12x | 0.43x |
| Revenue Growth | -3.81% | -6.02% | -10.45% | -17.17% | -6.81% | -0.55% | -6.81% | -3.53% | -9.83% | -9.36% |
Conduent Incorporated (CNDT) SEC filings — annual & quarterly reports (10-K, 10-Q)
Mar 25, 2026·SEC
Mar 6, 2026·SEC
Feb 12, 2026·SEC
Conduent Incorporated (CNDT) stock FAQ — growth, dividends, profitability & financials explained
Conduent Incorporated (CNDT) reported $3.04B in revenue for fiscal year 2025. This represents a 56% decrease from $6.94B in 2014.
Conduent Incorporated (CNDT) saw revenue decline by 9.4% over the past year.
Conduent Incorporated (CNDT) reported a net loss of $170.0M for fiscal year 2025.
Yes, Conduent Incorporated (CNDT) pays a dividend with a yield of 3.61%. This makes it attractive for income-focused investors.
Conduent Incorporated (CNDT) has a return on equity (ROE) of -18.8%. Negative ROE indicates the company is unprofitable.
Conduent Incorporated (CNDT) had negative free cash flow of $147.0M in fiscal year 2025, likely due to heavy capital investments.
Conduent Incorporated (CNDT) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates