Conduent Incorporated (CNDT)

Conduent Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,112	3,356	3,722	3,858	4,140	4,163
Revenue Growth (YoY)	-14.36%	-9.83%	-3.52%	-6.81%	-0.55%	-6.80%
Cost of Revenue	2,553	2,730	2,888	3,018	3,138	3,209
Gross Profit	559	626	834	840	1,002	954
Selling, General & Admin	453	455	458	454	544	468
Research & Development	5	6	7	7	4	1
Other Operating Expenses	13	10	15	6	7	3
Operating Expenses	658	675	744	697	907	931
Operating Income	-99	-49	90	143	95	23
Interest Expense	-53	-75	-111	-84	-55	-60
Interest & Investment Income	23	23	18	7	1	2
EBT Excluding Unusual Items	-129	-101	-3	66	41	-35
Merger & Restructuring Charges	-41	-46	-62	-39	-45	-67
Impairment of Goodwill	-28	-28	-287	-358	-	-
Gain (Loss) on Sale of Assets	181	696	-10	158	-3	-17
Legal Settlements	-6	-9	30	32	-3	-20
Other Unusual Items	-3	-8	-	-	-15	-
Pretax Income	-17	504	-332	-127	-25	-139
Income Tax Expense	-37	78	-36	55	3	-21
Earnings From Continuing Operations	20	426	-296	-182	-28	-118
Net Income	20	426	-296	-182	-28	-118
Preferred Dividends & Other Adjustments	10	10	10	10	10	10
Net Income to Common	10	416	-306	-192	-38	-128
Shares Outstanding (Basic)	163	183	217	216	213	210
Shares Outstanding (Diluted)	168	191	217	216	213	210
Shares Change (YoY)	-20.76%	-11.83%	0.41%	1.49%	1.29%	0.33%
EPS (Basic)	0.06	2.28	-1.41	-0.89	-0.18	-0.61
EPS (Diluted)	0.06	2.23	-1.41	-0.89	-0.18	-0.61
Free Cash Flow	-71	-78	38	52	163	85
Free Cash Flow Per Share	-0.42	-0.41	0.17	0.24	0.77	0.41
Gross Margin	17.96%	18.65%	22.41%	21.77%	24.20%	22.92%
Operating Margin	-3.18%	-1.46%	2.42%	3.71%	2.30%	0.55%
Profit Margin	0.32%	12.40%	-8.22%	-4.98%	-0.92%	-3.08%
Free Cash Flow Margin	-2.28%	-2.32%	1.02%	1.35%	3.94%	2.04%
EBITDA	9	76	240	302	383	424
EBITDA Margin	0.29%	2.27%	6.45%	7.83%	9.25%	10.18%
D&A For EBITDA	108	125	150	159	288	401
EBIT	-99	-49	90	143	95	23
EBIT Margin	-3.18%	-1.46%	2.42%	3.71%	2.30%	0.55%
Effective Tax Rate	-	15.48%	-	-	-	-

Updated Aug 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q