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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,072	3,356	3,722	3,858	4,140	4,163
Revenue Growth (YoY)	-12.45%	-9.83%	-3.52%	-6.81%	-0.55%	-6.80%
Cost of Revenue	2,528	2,730	2,888	3,018	3,138	3,209
Gross Profit	544	626	834	840	1,002	954
Selling, General & Admin	434	455	458	454	544	468
Research & Development	5	6	7	7	4	1
Other Operating Expenses	18	10	15	6	7	3
Operating Expenses	648	675	744	697	907	931
Operating Income	-104	-49	90	143	95	23
Interest Expense	-49	-75	-111	-84	-55	-60
Interest & Investment Income	23	23	18	7	1	2
EBT Excluding Unusual Items	-130	-101	-3	66	41	-35
Merger & Restructuring Charges	-49	-46	-62	-39	-45	-67
Impairment of Goodwill	-28	-28	-287	-358	-	-
Gain (Loss) on Sale of Assets	-8	696	-10	158	-3	-17
Legal Settlements	-5	-9	30	32	-3	-20
Other Unusual Items	-3	-8	-	-	-15	-
Pretax Income	-214	504	-332	-127	-25	-139
Income Tax Expense	-65	78	-36	55	3	-21
Earnings From Continuing Operations	-149	426	-296	-182	-28	-118
Net Income	-149	426	-296	-182	-28	-118
Preferred Dividends & Other Adjustments	10	10	10	10	10	10
Net Income to Common	-159	416	-306	-192	-38	-128
Shares Outstanding (Basic)	161	183	217	216	213	210
Shares Outstanding (Diluted)	161	191	217	216	213	210
Shares Change (YoY)	-20.10%	-11.83%	0.41%	1.49%	1.29%	0.33%
EPS (Basic)	-0.99	2.28	-1.41	-0.89	-0.18	-0.61
EPS (Diluted)	-0.99	2.23	-1.41	-0.89	-0.18	-0.61
Free Cash Flow	-104	-78	38	52	163	85
Free Cash Flow Per Share	-0.65	-0.41	0.17	0.24	0.77	0.41
Gross Margin	17.71%	18.65%	22.41%	21.77%	24.20%	22.92%
Operating Margin	-3.38%	-1.46%	2.42%	3.71%	2.30%	0.55%
Profit Margin	-5.18%	12.40%	-8.22%	-4.98%	-0.92%	-3.08%
Free Cash Flow Margin	-3.38%	-2.32%	1.02%	1.35%	3.94%	2.04%
EBITDA	8	76	240	302	383	424
EBITDA Margin	0.26%	2.27%	6.45%	7.83%	9.25%	10.18%
D&A For EBITDA	112	125	150	159	288	401
EBIT	-104	-49	90	143	95	23
EBIT Margin	-3.38%	-1.46%	2.42%	3.71%	2.30%	0.55%
Effective Tax Rate	-	15.48%	-	-	-	-

Updated Nov 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q