Dxc Technology Company · NYSE:DXC
Dxc Technology — Q4 2025 Earnings Presentation
25 slides from Dxc Technology's earnings presentation, May 14, 2025
Slide 1: 4th Quarter Fiscal Year 2025 Earnings Presentation
4th Quarter Fiscal Year 2025 Earnings Presentation May 14, 2025
Slide 2: Agenda for Today
Agenda for Today 1 Q4 Performance Highlights and Business Update 2 Detailed Review of Q4 Results and Guidance Update 3 Q&A 2
Slide 3: Forward-Looking Statements
Forward-Looking Statements Except for the historical information and discussions contained herein, statements contained in this document may constitute “forward-looking statements” that are based on the Company’s current assumptions regarding future operating or financial performance. These statemen
Slide 4: Non-GAAP Financial Measures
Non-GAAP Financial Measures We present Non-GAAP financial measures which are derived from the statements of operations, cash flow and balance sheets of DXC. These Non-GAAP financial measures include earnings before interest and taxes ("EBIT"), adjusted EBIT, adjusted EBIT excluding pension income, a
Slide 5: oXu Technology
oXu TECHNOLOGY
Slide 6: Five Cycles of Technology Innovation
Five Cycles of Technology Innovation PC Internet Mobile Cloud AI 1980+ 1990+ 2005+ 2010+ 2020+ 6
Slide 7: Q4 Fiscal Year 2025 Total Company Results
Q4 Fiscal Year 2025 Total Company Results Organic Revenue Growth* Adjusted EBIT Margin* Adjusted EPS* (4.2%) 7.3% $0.84 YoY (110) bps YoY (13.4%) YoY * Reconciliation of GAAP to Non-GAAP measures provided in appendix 7
Slide 8: Q4 Fiscal Year 2025 GBS Results
Q4 Fiscal Year 2025 GBS Results GBS YoY Organic Segment Profit Revenue Book-to-Bill Ratio Revenue Growth* Margin $1,630M (2.4%) 10.9% 1.16x * Reconciliation of GAAP to Non-GAAP measures provided in appendix 8
Slide 9: Q4 Fiscal Year 2025 GBS Results by Offering
Q4 Fiscal Year 2025 GBS Results by Offering Revenue YoY Organic Revenue Growth* Book-to-Bill Ratio Consulting & Engineering $1,237M (3.9%) 1.22x Services Insurance Software & BPS $393M 2.7% 0.97x GBS $1,630M (2.4%) 1.16x * Reconciliation of GAAP to Non-GAAP measures provided in appendix 9
Slide 10: Q4 Fiscal Year 2025 GIS Results
Q4 Fiscal Year 2025 GIS Results GIS YoY Organic Revenue Segment Profit Revenue Book-to-Bill Ratio Growth* Margin $1,539M (6.0%) 7.0% 1.28x * Reconciliation of GAAP to Non-GAAP measures provided in appendix 10
Slide 11: Improved Bookings Year to Year
Improved Bookings Year to Year GBS GIS DXC 10% 7% 4% (10%) (15%) (20%) FY 2024 FY 2025 11
Slide 12: Free Cash Flow Less Lease Originations
Free Cash Flow Less Lease Originations 737 756 663 687 571 504 (5.2% (4.2% of Rev.) (3.5% of Rev.) of Rev.) 233 185 24 FY23 FY24 FY25 FY23 FY24 FY25 FY23 FY24 FY25 Free Cash Flow (FCF) ($M) Lease Originations ($M) FCF Less Lease Originations ($M) 12
Slide 13: Full Fiscal Year 2025 Balance Sheet
Full Fiscal Year 2025 Balance Sheet Total Debt Cash Net Debt $3.9B $1.8B $2.1B ($213M) YoY +$572M YoY ($785M) YoY 13
Slide 14: Full Fiscal Year 2026 and Q1 Fiscal Year 2026 Guidance
Full Fiscal Year 2026 and Q1 Fiscal Year 2026 Guidance* Full Fiscal Year 2026 YoY Organic Adjusted EBIT Non-GAAP Free Cash Flow Revenue Growth Margin Diluted EPS (3.0%) – (5.0%) 7.0% – 8.0% $2.75 – $3.25 ~$600M Q1 Fiscal Year 2026 YoY Organic Adjusted EBIT Non-GAAP Revenue Growth Margin Diluted EPS
Slide 15: oXu Technology
oXu TECHNOLOGY
Slide 16: Appendix
Appendix Non-GAAP Reconciliations Definitions 16
Slide 17: YoY Organic Revenue Growth
YoY Organic Revenue Growth ($M) Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Total FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Total FY25 GBS revenue 1,703 1,709 1,696 1,712 6,820 1,673 1,677 1,666 1,630 6,646 YoY GBS revenue growth (3.1%) (0.2%) (2.4%) (2.2%) (2.0%) (1.8%) (1.9%) (1.8%) (4.8%) (2.6%) Foreign currency
Slide 18: Non-GAAP Reconciliation Organic Revenue
Non-GAAP Reconciliation Organic Revenue Consulting & Insurance Cloud, ITO & Modern Acquisitions & Q4 FY25 (in $M) Engineering Total Software & BPS Security Workplace Divestitures Services Revenue 1,237 393 1,180 359 — 3,169 Prior-year revenue 1,317 388 1,290 384 7 3,386 YoY change $ (80) 5 (110) (25
Slide 19: Reconciliation of Segment Profit to Pretax Income
Reconciliation of Segment Profit to Pretax Income GBS ($M) Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Total FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Total FY25 Segment revenue 1,703 1,709 1,696 1,712 6,820 1,673 1,677 1,666 1,630 6,646 Segment profit 192 213 202 228 835 181 214 224 178 797 GBS profit % 11.3% 12.5%
Slide 20: Adjusted EBIT and Adjusted EBITDA Reconciliation
Adjusted EBIT and Adjusted EBITDA Reconciliation EBIT to Adjusted EBIT ($M) Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Total FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Total FY25 Net income (loss) 42 99 140 (195) 86 25 45 63 263 396 Income tax expense (benefit) 36 29 72 (114) 23 43 48 68 75 234 Interest income (49)
Slide 21: Non-GAAP Reconciliation – EPS
Non-GAAP Reconciliation – EPS Non-GAAP EPS Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Total FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Total FY25 GAAP EPS (diluted) $0.17 $0.49 $0.81 ($1.10) $0.46 $0.14 $0.23 $0.31 $1.43 $2.10 Restructuring costs 0.07 0.13 0.16 0.08 0.44 0.17 0.18 0.18 0.11 0.65 TSI — 0.01 0.01 0.01
Slide 22: DXC Free Cash Flow
DXC Free Cash Flow Free Cash Flow (in $M) Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Total FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Total FY25 Cash flows from operating activities 127 248 706 280 1,361 238 195 650 315 1,398 Less capex Purchase of property & equipment (55) (53) (36) (38) (182) (48) (41) (82) (77) (
Slide 23: Non-GAAP and Other Definitions
Non-GAAP and Other Definitions Segment profit: Segment revenue less costs of services, segment selling, general and administrative, depreciation and amortization, and other income, excluding the movement in foreign currency exchange rates on our foreign currency denominated assets and liabilities an
Slide 24: Non-GAAP Adjustments
Non-GAAP Adjustments Our non-GAAP adjustments include: • Restructuring costs: Includes costs, net of reversals, related to workforce and real estate optimization and other similar charges. • Transaction, separation and integration-related (“TSI”) costs: Includes costs related to integration, separat
Slide 25: oXu Technology
oXu TECHNOLOGY
DXC Technology Company — Q4 2025 Earnings Presentation on 6ix