| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 767.00 | 1.7% | 5.0% |
| Total Income | 767.00 | 1.7% | 5.0% |
| Expenditure | 805.00 | 1.6% | 24.2% |
| PBT | -38.00 | 0.0% | 123.9% |
| Net Profit | -46.00 | 15.0% | 137.4% |
| OPM | — | ||
| NPM | -6.00% | 0.69pp | 21.24pp |
| EPS | -0.30 | 15.4% | 140.0% |
Conduent Reports Q3 2025 Revenue $767M, Adj. EBITDA Margin 5.2%
04 May 2026 · 4 May, 7:37 am
Summary
Conduent Incorporated announced its third quarter 2025 financial results, with revenue reported at $767 million. The Adjusted EBITDA was $40 million, resulting in an Adjusted EBITDA margin of 5.2%. The company highlighted improvements in Adjusted EBITDA and Adjusted EBITDA Margin both year-over-year and sequentially. Conduent also reported progress on its portfolio rationalization efforts, achieving 87% of its $1B capital allocation target.
Key Highlights
- 1
Conduent's revenue for Q3 2025 was $767 million.
- 2
The Adjusted EBITDA for Q3 2025 was $40 million.
- 3
Adjusted EBITDA margin for Q3 2025 increased to 5.2%.
- 4
New business signings ACV reached $111 million in Q3 2025.
- 5
Net ARR Activity Metric (TTM) was $25 million.
- 6
Conduent completed a debt refinance during the third quarter of 2025.
- 7
The company maintained a cash balance of $264 million at the end of Q3 2025.
Management Comments
Cliff Skelton
Q3 represents not only a quarter where we met guidance on Adjusted Revenue and Adjusted EBITDA Margin, but also the continuation of our drive toward year-over-year revenue growth. New business signings were consistent year over year and our Public Sector businesses had a particularly strong quarter, despite the cyclical nature of government funding and the Federal government shutdown. As mentioned in Q2 earnings, we continue to be pleased with ongoing Transportation opportunities and momentum. Additionally, as a result of our operational efficiency efforts, Adjusted EBITDA and Adjusted EBITDA Margin improved both year over year and sequentially, in line with guidance. We also deployed AI enhancements with Conduent’s proprietary technology and platforms across document processing, customer experience, and fraud prevention—delivering greater efficiency for clients and further streamlining our internal operations. Regarding our portfolio rationalization efforts, 87% of our $1B capital allocation target has been achieved to date, and we remain on track to exceed that goal. We continue to be focused on cash generation, sales, and expanding our pipeline opportunities especially within our current client base, while maintaining more than ample liquidity through cash reserves and a recently renewed credit facility. As always, we remain confident in our team and our strategy as we continue to deliver the best value possible to our shareholders and to our clients and their end users.
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