Earnings Releases·Nov 5, 2026, 4:02 PM ET

Conduent — Third Quarter 2026 Earnings Summary

Revenue declined 11.7% year-over-year to $534 million, while Adjusted EBITDA rose 16.1% to $36 million, improving margins by 160 basis points to 6.7%.
Full-year 2026 guidance remains unchanged at $2.15–$2.25 billion in revenue and $140–$170 million in Adjusted EBITDA.
Strategic portfolio simplification advanced with the $164 million sale of the Public Transit business and the expectation to complete the Tolling business sale by year-end 2026.
Management secured $447 million in refinanced revolving credit commitments and identified $106 million of the $120 million cost-savings target.
Operating cash flow dropped 174.4% year-over-year to $(107) million due to working capital impacts from a temporary pause in the receivables factoring facility.