Dxc Technology Company ( (DXC) ) has released its Q1 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 helps businesses manage their critical systems and operations while modernizing IT and optimizing data architectures across various cloud environments.
In its first-quarter fiscal 2026 earnings report, DXC Technology reported a total revenue of $3.16 billion, marking a 2.4% decrease year-over-year. The company highlighted its strong bookings growth and the integration of AI across its solutions as key achievements.
The financial results showed an EBIT margin of 2.4% and an adjusted EBIT margin of 6.8%. The diluted earnings per share decreased to $0.09 from $0.14 in the previous year, while non-GAAP diluted earnings per share was $0.68, down 9.3% year-over-year. Notably, bookings increased by 14% year-over-year to $2.8 billion, indicating improved client engagement. Additionally, DXC repurchased $50 million worth of shares, reflecting a return of capital to shareholders.
Segment-wise, Consulting and Engineering Services saw a revenue decline of 2.7% year-over-year, while Global Infrastructure Services experienced a 3.5% drop. However, Insurance Services reported a revenue increase of 5.4%. Despite these mixed results, the company maintained a positive outlook on its strategic direction.
Looking ahead, DXC Technology’s management remains confident in its strategic direction, with expectations of embedding AI across solutions and leveraging its expertise to drive client outcomes. The company projects total revenue for fiscal 2026 to range between $12.61 billion and $12.87 billion, with an adjusted EBIT margin of 7.0% to 8.0%.