Filing Flows › Conduent (CNDT) › Q1 2026
Conduent (CNDT) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
Conduent (CNDT) reported revenue of $723M for the first quarter 2026 (Q1 2026), -4% from a year earlier and -6% from the quarter before. Operating margin was -3.7%, net loss $33.0M (4.6% of revenue).
Conduent, Q1 2026: revenue $723M (-4% year over year), operating margin -3.7%, net loss $33.0M, operating cash flow −$8.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $723M | -6% | -4% |
| Operating profit | −$27.0M | — | — |
| Net earnings | −$33.0M | — | — |
| Operating cash flow | −$8.0M | -121% | — |
What changed
Revenue was $723.0M in Q1 2026, down 4% year over year and down 6% from the previous quarter. Commercial: was the largest line at 50% of revenue. Commercial: lost $41.0M year over year (down 10%), 146% of the total change.
Operating costs exceeded revenue by $27.0M, an operating margin of -3.7%. Total costs fell 7% while revenue fell 4%. The quarter ended with a net loss of $33.0M, wider than the previous quarter's $33.0M loss.
Operating cash flow was −$8.0M. Non-cash charges added back $47.0M of depreciation and amortization. Working capital and other items used $22.0M. Capital expenditures of $9.0M exceeded it, leaving free cash flow of −$17.0M.
Questions
What was Conduent's revenue in the first quarter 2026?
Conduent (CNDT) reported revenue of $723M for the first quarter 2026 (Q1 2026), -4% from a year earlier and -6% from the quarter before.
Was Conduent profitable in the first quarter 2026?
Operating loss was $27.0M (-3.7% of revenue) and net loss $33.0M.
Source: Conduent 10-Q on SEC EDGAR.