Filing Flows › Conduent (CNDT) › Q1 2025
Conduent (CNDT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Conduent (CNDT) reported revenue of $751M for the first quarter 2025 (Q1 2025), -18% from a year earlier and -6% from the quarter before. Operating margin was -7.5%, net loss $51.0M (6.8% of revenue).
Conduent, Q1 2025: revenue $751M (-18% year over year), operating margin -7.5%, net loss $51.0M, operating cash flow −$58.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $751M | -6% | -18% |
| Operating profit | −$56.0M | — | — |
| Net earnings | −$51.0M | — | — |
| Operating cash flow | −$58.0M | — | — |
What changed
Revenue was $751.0M in Q1 2025, down 18% year over year and down 6% from the previous quarter. Commercial: was the largest line at 54% of revenue. Government: lost $42.0M year over year (down 16%), 25% of the total change.
Operating costs exceeded revenue by $56.0M, an operating margin of -7.5%. Total costs grew 2% against a revenue fall of 18%. The quarter ended with a net loss of $51.0M, wider than the previous quarter's $12.0M loss.
Operating cash flow was −$58.0M. Non-cash charges added back $48.0M of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items used $58.0M. Capital expenditures of $14.0M exceeded it, leaving free cash flow of −$72.0M.
Questions
What was Conduent's revenue in the first quarter 2025?
Conduent (CNDT) reported revenue of $751M for the first quarter 2025 (Q1 2025), -18% from a year earlier and -6% from the quarter before.
Was Conduent profitable in the first quarter 2025?
Operating loss was $56.0M (-7.5% of revenue) and net loss $51.0M.
Source: Conduent 10-Q on SEC EDGAR.