Filing Flows › Conduent (CNDT) › Q3 2025
Conduent (CNDT) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 7, 2025
Conduent (CNDT) reported revenue of $767M for the third quarter 2025 (Q3 2025), -5% from a year earlier and +2% from the quarter before. Operating margin was -5.0%, net loss $46.0M (6.0% of revenue).
Conduent, Q3 2025: revenue $767M (-5% year over year), operating margin -5.0%, net loss $46.0M, operating cash flow −$39.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $767M | +2% | -5% |
| Operating profit | −$38.0M | — | — |
| Net earnings | −$46.0M | — | — |
| Operating cash flow | −$39.0M | — | — |
What changed
Revenue was $767.0M in Q3 2025, down 5% year over year and up 2% from the previous quarter. Commercial: was the largest line at 48% of revenue. Commercial: lost $18.0M year over year (down 5%), 45% of the total change.
Operating costs exceeded revenue by $38.0M, an operating margin of -5.0%. Total costs grew 24% against a revenue fall of 5%. The quarter ended with a net loss of $46.0M, wider than the previous quarter's $40.0M loss.
Operating cash flow was −$39.0M. Non-cash charges added back $48.0M of depreciation and amortization and $5.0M of share-based compensation. Working capital and other items used $46.0M. Capital expenditures of $15.0M exceeded it, leaving free cash flow of −$54.0M.
Questions
What was Conduent's revenue in the third quarter 2025?
Conduent (CNDT) reported revenue of $767M for the third quarter 2025 (Q3 2025), -5% from a year earlier and +2% from the quarter before.
Was Conduent profitable in the third quarter 2025?
Operating loss was $38.0M (-5.0% of revenue) and net loss $46.0M.
Source: Conduent 10-Q on SEC EDGAR.