Dxc Technology Company ( (DXC) ) has released its Q2 earnings. Here is a breakdown of the information Dxc Technology Company presented to its investors.
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DXC Technology is a global IT services company that assists businesses in managing their critical systems and modernizing IT infrastructure, with a focus on optimizing data architectures and ensuring security across various cloud environments. In its latest earnings report for the second quarter of fiscal year 2026, DXC Technology reported a total revenue of $3.16 billion, marking a 2.5% decrease compared to the previous year, with a notable increase in free cash flow to $240 million, up by $192 million year-over-year.
Key financial metrics from the report include an EBIT margin of 4.4% and an adjusted EBIT margin of 8.0%. The company also recorded diluted earnings per share of $0.20, a 13% decline from the previous year, while non-GAAP diluted earnings per share stood at $0.84, down 9.7% year-over-year. Additionally, DXC Technology repurchased $75 million worth of shares, reflecting a strategic move to return capital to shareholders.
In terms of segment performance, the Consulting and Engineering Services segment saw a revenue decline of 1.9% year-over-year, while the Global Infrastructure Services segment experienced a 4.2% decrease. On a positive note, the Insurance Services segment reported a 4.6% increase in revenue. The company is also focusing on strategic initiatives, including the launch of its Xponential AI framework, to enhance its competitive edge in the evolving AI-driven market.
Looking ahead, DXC Technology’s management remains focused on executing its strategic objectives, with a revenue forecast for the full fiscal year 2026 ranging between $12.67 billion and $12.81 billion. The company aims to maintain an adjusted EBIT margin between 7.0% and 8.0% and anticipates generating approximately $650 million in free cash flow, indicating a commitment to improving operational efficiency and financial performance.