Earnings Releases·Oct 29, 2026, 4:17 PM ET

DXC Technology — Second Quarter Fiscal Year 2027 Earnings Summary

Q2 FY27 revenue declined 4.0% YoY to $3.03 billion, while Adjusted EBIT fell 26.4% YoY to $187 million (6.2% margin) and Non-GAAP EPS dropped 20.2% to $0.67; Insurance segment revenue surged 23.1% YoY, offsetting declines in Consulting and Engineering Services (-3.3%) and Global Infrastructure Services (-10.0%).
Full-year FY27 guidance remains unchanged with revenue expected to decline 5.0%–5.5% organically to $11.91–$11.98 billion, Adjusted EBIT margin targeted at 5.75%–6.25%, and Non-GAAP EPS projected at $2.25–$2.50; Q3 FY27 revenue guidance is approximately $2.98 billion, reflecting a ~6.0% organic decline.
Free cash flow for Q2 was $91 million (down from $240 million in Q2 FY26), though H1 FY27 FCF reached $405 million; the company repurchased 5.7 million shares for $60 million during the quarter.
Management confirmed ongoing discussions regarding a potential sale of the Insurance business and noted progress in AI-based solutions, while maintaining that core revenue recovery is a longer-term process.