Quarterly ResultMay 11, 2026, 04:03 PM
Conduent Q1 Revenue $723M, Adj. EBITDA $49M (+32.4%)
AI Summary
Conduent reported Q1 2026 financial results with revenue of $723 million, a 3.7% decrease year-over-year. Despite the revenue decline, the company demonstrated significant improvements in profitability, with pre-tax income improving by $29 million to $(27) million and Adjusted EBITDA increasing by 32.4% to $49 million. CEO Harsha V. Agadi highlighted the start of a rapid transformation, including cost reduction, technology optimization, and an enhanced go-to-market approach, aiming for positive adjusted free cash flow in 2027. New business signings ACV improved to $114 million, and the company provided a positive outlook for FY 2026 and FY 2027.
Key Highlights
- Q1 2026 Revenue was $723M, a 3.7% decrease year-over-year.
- Q1 2026 Pre-tax Income (Loss) improved by $29M YoY to $(27)M.
- Q1 2026 Adjusted EBITDA increased 32.4% YoY to $49M.
- Q1 2026 Adjusted EBITDA Margin improved by 190 bps YoY to 6.8%.
- Cash flow from operating activities improved by $50M YoY to $(8)M.
- New Business Signings ACV was $114M, up $5M year-over-year.
- FY 2026 Revenue Outlook is $2,800M - $2,900M.
- FY 2027 Adjusted EBITDA Outlook is $190M - $220M.
Price Impact
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