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DXC Technology (DXC) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Aug 1, 2025
DXC Technology (DXC) reported revenue of $3.2B for the first quarter fiscal 2026 (Q1 FY26), -2% from a year earlier and -0.3% from the quarter before. Operating margin was 6.8%, net earnings $18.0M (0.6% of revenue).
DXC Technology, Q1 FY26: revenue $3.2B (-2% year over year), operating margin 6.8%, net earnings $18.0M, operating cash flow $186M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.2B | -0.3% | -2% |
| Operating profit | $216M | -6% | -4% |
| Net earnings | $18.0M | -93% | -28% |
| Operating cash flow | $186M | -41% | -22% |
| Free cash flow | $143M | -40% | -25% |
What changed
Revenue was $3.2B in Q1 FY26, down 2% year over year and roughly flat from the previous quarter.
Operating profit was $0.22B, a 6.8% margin (down 0.1 points year over year). Total costs fell 2% while revenue fell 2%. The fastest-growing cost line was SG&A (+31%). Net earnings were $0.02B, down 38% year over year. The effective tax rate was 73.1%.
Operating cash flow was $0.19B (down 22% year over year), 1033% of net income including minority interests. Non-cash charges added back $0.31B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.16B. Capital expenditures of $0.04B left free cash flow of $0.14B.
Questions
What was DXC Technology's revenue in the first quarter fiscal 2026?
DXC Technology (DXC) reported revenue of $3.2B for the first quarter fiscal 2026 (Q1 FY26), -2% from a year earlier and -0.3% from the quarter before.
Was DXC Technology profitable in the first quarter fiscal 2026?
Operating profit was $216M (6.8% of revenue) and net earnings $18.0M.
Source: DXC Technology 10-Q on SEC EDGAR.