CONDUENT Inc
For the period ended Sep 30, 2026. Filed Nov 5, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 5, 2026
CNDT$1.37-1.1%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Income (Loss)
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) (UNAUDITED)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| (in millions, except per share data) | 2026 | 2025 | 2026 | 2025 |
| Revenue | $534 | $605 | $1,652 | $1,826 |
| Operating Costs and Expenses | ||||
| Cost of services (excluding depreciation and amortization) | 425 | 490 | 1,322 | 1,485 |
| Selling, general and administrative (excluding depreciation and amortization) | 72 | 83 | 230 | 284 |
| Research and development (excluding depreciation and amortization) | 1 | 1 | 2 | 3 |
| Depreciation and amortization | 36 | 42 | 114 | 124 |
| Restructuring and related costs | 22 | 12 | 50 | 24 |
| Interest expense | 15 | 12 | 40 | 36 |
| (Gain) loss on divestitures and transaction costs, net | 1 | — | 4 | 6 |
| Litigation settlements (recoveries), net | — | — | 1 | 2 |
| Loss on extinguishment of debt | — | 1 | — | 1 |
| Other (income) expenses, net | (3) | 2 | — | 4 |
| Total Operating Costs and Expenses | 569 | 643 | 1,763 | 1,969 |
| Income (Loss) Before Income Taxes from Continuing Operations | (35) | (38) | (111) | (143) |
| Income tax expense (benefit) from continuing operations | 5 | 4 | 20 | (3) |
| Net Income (Loss) from Continuing Operations | (40) | (42) | (131) | (140) |
| Income (Loss) from Discontinued Operations, Net of Tax | (9) | (4) | (67) | 3 |
| Net Income (Loss) | $(49) | $(46) | $(198) | $(137) |
| Net Income (Loss) per Share: | ||||
| Basic: | ||||
| Continuing operations | $(0.27) | $(0.27) | $(0.89) | $(0.92) |
| Discontinued operations | (0.06) | (0.03) | (0.43) | 0.02 |
| Basic net income (loss) per share | $(0.33) | $(0.30) | $(1.32) | $(0.90) |
| Diluted: | ||||
| Continuing operations | $(0.27) | $(0.27) | $(0.89) | $(0.92) |
| Discontinued operations | (0.06) | (0.03) | (0.43) | 0.02 |
| Diluted net income (loss) per share | $(0.33) | $(0.30) | $(1.32) | $(0.90) |
CNDT Q3 2026 Form 10-Q
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