Conduent Incorporated
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.04B | $3.36B | $3.72B | $3.86B | $4.14B | $4.16B | $4.47B | $5.39B |
| Cost of Revenue | $2.49B | $2.73B | $2.89B | $3.02B | $3.14B | $3.21B | $3.49B | $4.18B |
| Gross Profit | $552.0M | $626.0M | $834.0M | $840.0M | $1.00B | $954.0M | $973.0M | $1.21B |
| Gross Margin | 18.1% | 18.7% | 22.4% | 21.8% | 24.2% | 22.9% | 21.8% | 22.5% |
| Operating Expenses | ||||||||
| Research & Development | $4.0M | $6.0M | $7.0M | $7.0M | $4.0M | $1.0M | $8.0M | $11.0M |
| SG&A Expense | $412.0M | $455.0M | $458.0M | $440.0M | $544.0M | $468.0M | $479.0M | $560.0M |
| Operating Income | $-112.0M | $579.0M | $-221.0M | $-43.0M | $30.0M | $-79.0M | $-2.03B | $-283.0M |
| Operating Margin | -3.7% | 17.3% | -5.9% | -1.1% | 0.7% | -1.9% | -45.4% | -5.2% |
| Interest Expense | $48.0M | $75.0M | $111.0M | $84.0M | $55.0M | $60.0M | $78.0M | $112.0M |
| Pretax Income | $-160.0M | $504.0M | $-332.0M | $-127.0M | $-25.0M | $-139.0M | $-2.11B | $-395.0M |
| Income Tax Expense | $10.0M | $78.0M | $-36.0M | $55.0M | $3.0M | $-21.0M | $-172.0M | $21.0M |
| Net Income | $-170.0M | $426.0M | $-296.0M | $-182.0M | $-28.0M | $-118.0M | $-1.93B | $-416.0M |
| Net Margin | -5.6% | 12.7% | -8.0% | -4.7% | -0.7% | -2.8% | -43.3% | -7.7% |
| EPS (Basic) | $-1.14 | $2.28 | $-1.41 | $-0.89 | $-0.18 | $-0.61 | $-9.29 | $-2.06 |
| EPS (Diluted) | $-1.14 | $2.23 | $-1.41 | $-0.89 | $-0.18 | $-0.61 | $-9.29 | $-2.06 |
| Shares Outstanding (Basic) | 158.4M | 182.5M | 216.8M | 215.9M | 212.7M | 210.0M | 209.3M | 206.1M |
| Shares Outstanding (Diluted) | 158.4M | 191.1M | 216.8M | 215.9M | 212.7M | 210.0M | 209.3M | 206.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |