DXC Technology Company reported a revenue of $12.64 billion for the fiscal year ending March 31, 2026, reflecting a decrease of 1.8% compared to the previous year. The decline in revenue was attributed to a 4.8% drop in organic revenue, partially offset by favorable foreign currency exchange impacts. The company's earnings before interest and taxes (EBIT) stood at $353 million, with an adjusted EBIT of $970 million, down 4.8% year-over-year. The diluted earnings per share (EPS) fell to $0.10 from $2.10 in the prior fiscal year, while adjusted diluted EPS decreased to $3.23 from $3.43.

In terms of operational changes, DXC implemented a new segment structure in fiscal 2026, which includes Consulting & Engineering Services (CES), Global Infrastructure Services (GIS), and Insurance Software & Services. This restructuring aims to better align the company's operational capabilities with its service delivery. The CES segment generated $5.02 billion in revenue, a slight decline of 0.8%, while GIS reported $6.34 billion, down 3.9%. The Insurance segment, however, saw a revenue increase of 5.4%, totaling $1.28 billion.

The company also reported a book-to-bill ratio of 0.98x, indicating a slight decrease from 1.03x in fiscal 2025. Customer engagement metrics showed a total employee count of approximately 115,000 across 60 countries, with no single customer exceeding 10% of total revenues. DXC's cash flow from operations was $1.25 billion, leading to a free cash flow of $713 million, an increase from $687 million in the previous year.

Looking ahead, DXC anticipates continued challenges in the market, particularly in managing costs and adapting to evolving customer demands. The company is focused on enhancing its service offerings, particularly in artificial intelligence and automation, to drive future growth. However, it acknowledges risks related to competition, economic conditions, and the need for effective management of its sales organization. The outlook remains cautious, with expectations of ongoing adjustments to align with market conditions and customer needs.

About DXC Technology Co

DXC Technology is a global IT services provider offering consulting, engineering, cloud, security, and infrastructure solutions. Serving Fortune 500 companies and public sector clients, it focuses on digital transformation, AI integration, and cybersecurity. Its business segments—Global Business Services and Global Infrastructure Services—deliver innovative, reliable, and secure technology solutions to optimize operations and drive competitive advantage worldwide.

This description was generated via AI from an annual report. Updated 8 months ago.

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