1.Sales and profit
See section β- CONDUENT Inc had $3.0B of revenue in fiscal 2025, down 9.4% on the year before. Over five years, revenue changed β6.1% a year on average.
- CONDUENT Inc lost $170M in fiscal 2025.
CNDT Nasdaq Services-Business Services, Nec Financials FY2016βFY2025
CONDUENT Inc had $3.0B of revenue in fiscal 2025, down 9.4% on the year before. Over five years, revenue changed β6.1% a year on average.
Last close Β· Oct 23, 2026
$1.79
20.1%Hi! I read CONDUENT Incβs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Are sales growing?
β9.4%
No. Sales fell 9.4% last year.
Does it make a profit?
β5.6%
No. It lost money last year.
Does profit turn into cash?
β4.3%
No. It spent more cash than it brought in.
How healthy are the accounts?
2 / 9
Weak. It passes 2 of 9 health tests.
How is the share priced?
β
No P/E: it made no profit over the last four quarters.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
In plain words: Every quarter, companies publish how much they sold and earned. These are the days CONDUENT Inc did it, and the next one. Share prices often move a lot on those days.
Next results
November 6, 2026
Friday Β· in 12 days
No past results dates on file yet.
KIRA Β· CONDUENT Inc had $3.0B of revenue in fiscal 2025, down 9.4% on the year before. Over five years, revenue changed β6.1% a year on average.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
KIRA Β· CONDUENT Inc lost $170M in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
How much cash comes in, and where does it go?
KIRA Β· Free cash flow was β$132M in fiscal 2025, β4.3% of revenue.
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
KIRA Β· No open-market insider trades in the last 12 months.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Can it carry its debts, and how well does it use its money?
KIRA Β· CONDUENT Inc owes $503M more than it holds in cash.
Cash, debt and the ratios that show how comfortably CONDUENT Inc can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $415M | $582M | $498M | $366M | $233M |
| Debt incl. finance leases | $1.4B | $1.3B | $1.3B | $665M | $736M |
| Debt / equity | 1.2x | 1.4x | 2.0x | 0.8x | 1.0x |
| Current ratio | 1.6x | 1.8x | 1.9x | 1.7x | 1.7x |
| Quick ratio | 1.6x | 1.8x | 1.9x | 1.7x | 1.7x |
| Total assets | $4.0B | $3.6B | $3.2B | $2.6B | $2.4B |
| Total liabilities | $2.8B | $2.5B | $2.4B | $1.6B | $1.6B |
| Shareholders' equity | $1.1B | $917M | $629M | $839M | $685M |
| Net debt (β = net cash) | $1.0B | $750M | $806M | $299M | $503M |
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
KIRA Β· CONDUENT Inc passes 2 of 9 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | 6 / 9 | 6 / 9 | 3 / 9 | 5 / 8 | 7 / 8 | 4 / 8 | 5 / 9 | 5 / 9 | 2 / 9 |
| Accruals ratio | β14.0% | β1.6% | β9.8% | β36.9% | β6.4% | β6.5% | β8.6% | β11.4% | 16.5% | β3.9% |
| Altman Z'' | β | β | β | β | β | β | β | β | β | β |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $6.4B | $6.0B | $5.4B | $4.5B | $4.2B | $4.1B | $3.9B | $3.7B | $3.4B | $3.0B |
| Gross profit | $910M | $1.0B | $1.2B | $973M | $954M | $1.0B | $840M | $834M | $626M | $552M |
| Research and development | $31.0M | $12.0M | $11.0M | $8.0M | $1.0M | $4.0M | $7.0M | $7.0M | $6.0M | $4.0M |
| Interest expense | $40.0M | $137M | $112M | $78.0M | $60.0M | $55.0M | $84.0M | $111M | $75.0M | $48.0M |
| Pretax income | β$1.2B | β$16.0M | β$395M | β$2.1B | β$139M | β$25.0M | β$127M | β$332M | $504M | β$160M |
| Income tax | β$244M | β$193M | $21.0M | β$172M | β$21.0M | $3.0M | $55.0M | β$36.0M | $78.0M | $10.0M |
| Net income | β$983M | $181M | β$416M | β$1.9B | β$118M | β$28.0M | β$182M | β$296M | $426M | β$170M |
| Net income to common | β | β | β | β | β | β | β | β$296M | $426M | β$170M |
| Diluted EPS | β$4.85 | $0.83 | β$2.06 | β$9.29 | β$0.61 | β$0.18 | β$0.89 | β$1.41 | $2.23 | β$1.14 |
| Diluted shares | 0.20B | 0.21B | 0.21B | 0.21B | β | β | 0.22B | 0.22B | 0.19B | 0.16B |
| Cash flow | ||||||||||
| Cash from operations | $95.0M | $300M | $283M | $132M | $161M | $243M | $144M | $89.0M | β$50.0M | β$73.0M |
| Capital expenditure | $149M | $96.0M | $179M | $148M | $76.0M | $80.0M | $92.0M | $51.0M | $28.0M | $59.0M |
| Free cash flow | β$54.0M | $204M | $104M | β$16.0M | $85.0M | $163M | $52.0M | $38.0M | β$78.0M | β$132M |
| Depreciation and amortization | $611M | $495M | $460M | $459M | $459M | $352M | $230M | $264M | $204M | $194M |
| Stock-based compensation | $23.0M | $40.0M | $38.0M | $24.0M | $20.0M | $21.0M | $21.0M | $19.0M | $19.0M | $19.0M |
| Acquisitions | $1.0M | $0.0M | $0.0M | $90.0M | $0.0M | $0.0M | β | β | β | β |
| Balance sheet | ||||||||||
| Cash and short-term investments | $390M | $658M | $756M | $496M | $450M | $415M | $582M | $498M | $366M | $233M |
| Total debt | $2.0B | $2.1B | $1.6B | $1.5B | $1.5B | $1.4B | $1.3B | $1.3B | $639M | $687M |
| Finance lease liabilities | β | β | β | $17.0M | $20.0M | $16.0M | $20.0M | $22.0M | $26.0M | $49.0M |
| Current assets | $1.9B | $2.7B | $2.0B | $1.6B | $1.6B | $1.7B | $1.6B | $1.7B | $1.3B | $1.2B |
| Current liabilities | $1.4B | $1.4B | $1.2B | $1.2B | $1.1B | $1.0B | $923M | $868M | $744M | $728M |
| Inventory | $41.0M | β | β | β | β | β | β | β | β | β |
| Property and equipment, net | $283M | $257M | $328M | $342M | $305M | $281M | $266M | $197M | $167M | $167M |
| Goodwill | $3.9B | $3.4B | $3.4B | $1.5B | $1.5B | $1.3B | $955M | $651M | $609M | $617M |
| Intangible assets | $1.1B | $891M | $651M | $426M | $187M | $52.0M | $39.0M | $32.0M | $14.0M | $12.0M |
| Total assets | $7.7B | $7.5B | $6.7B | $4.5B | $4.3B | $4.0B | $3.6B | $3.2B | $2.6B | $2.4B |
| Total liabilities | $4.3B | $3.9B | $3.3B | $3.1B | $2.9B | $2.8B | $2.5B | $2.4B | $1.6B | $1.6B |
| Preferred stock | $142M | $142M | β | β | β | β | β | β | β | β |
| Shareholders' equity | $3.3B | $3.5B | $3.2B | $1.3B | $1.2B | $1.1B | $917M | $629M | $839M | $685M |
| Margins | ||||||||||
| Gross margin | 14.2% | 17.4% | 22.5% | 21.8% | 22.9% | 24.2% | 21.8% | 22.4% | 18.7% | 18.1% |
| Net margin | β15.3% | 3.0% | β7.7% | β43.3% | β2.8% | β0.7% | β4.7% | β8.0% | 12.7% | β5.6% |
| FCF margin | β0.8% | 3.4% | 1.9% | β0.4% | 2.0% | 3.9% | 1.3% | 1.0% | β2.3% | β4.3% |
| Returns | ||||||||||
| Return on equity | β29.9% | 5.3% | β12.3% | β85.5% | β9.5% | β2.4% | β17.8% | β38.3% | 58.0% | β22.3% |
| Return on assets | β12.8% | 2.4% | β5.8% | β34.6% | β2.7% | β0.7% | β4.8% | β8.8% | 14.8% | β6.8% |
| Return on tangible equity | β | β | β | β | β | β | β | β | 197.2% | β303.6% |
| Growth | ||||||||||
| Revenue growth | β | β6.0% | β10.4% | β17.2% | β6.8% | β0.6% | β6.8% | β3.5% | β9.8% | β9.4% |
| Net income growth | β | β | β329.8% | β | β | β | β | β | β | β139.9% |
| EPS growth | β | β | β348.2% | β | β | β | β | β | β | β151.1% |
| FCF growth | β | β | β49.0% | β115.4% | β | 91.8% | β68.1% | β26.9% | β305.3% | β |
| Share count change | β | 1.9% | β0.4% | 1.6% | β | β | β | 0.4% | β11.8% | β17.1% |
| Financial health | ||||||||||
| Debt / equity | 0.6x | 0.6x | 0.5x | 1.2x | 1.3x | 1.2x | 1.4x | 2.0x | 0.8x | 1.0x |
| Current ratio | 1.4x | 2.0x | 1.6x | 1.3x | 1.4x | 1.6x | 1.8x | 1.9x | 1.7x | 1.7x |
| Quick ratio | 1.3x | 2.0x | 1.6x | 1.3x | 1.4x | 1.6x | 1.8x | 1.9x | 1.7x | 1.7x |
| Capital allocation | ||||||||||
| Capex / revenue | 2.3% | 1.6% | 3.3% | 3.3% | 1.8% | 1.9% | 2.4% | 1.4% | 0.8% | 1.9% |
| Stock comp / revenue | 0.4% | 0.7% | 0.7% | 0.5% | 0.5% | 0.5% | 0.5% | 0.5% | 0.6% | 0.6% |
| Quality scores | ||||||||||
| Piotroski F-score | β | 6.0 | 6.0 | 3.0 | 5.0 | 7.0 | 4.0 | 5.0 | 5.0 | 2.0 |
| Accruals ratio | β14.0% | β1.6% | β9.8% | β36.9% | β6.4% | β6.5% | β8.6% | β11.4% | 16.5% | β3.9% |
Source: SEC EDGAR XBRL filings (CIK 0001677703). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.