Dxc Technology Company · NYSE:DXC
Dxc Technology — Q2 2026 Earnings Presentation
20 slides from Dxc Technology's earnings presentation, Oct 30, 2025
Slide 1: 2nd Quarter Fiscal Year 2026 Earnings Presentation
2nd Quarter Fiscal Year 2026 Earnings Presentation October 30, 2025
Slide 2: Agenda for Today
Agenda for Today 1 Q2 Business Update 2 Detailed Review of Q2 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: Two Tracks
Two Tracks Core Track = Our heritage businesses We’re the trusted operator that delivers certainty at scale. Fast Track = Our new AI-fueled businesses are designed to drive exponential growth We’re investing in what’s new – building new capabilities and revenue engines. This two-track approach combi
Slide 6: The AI orchestration blueprint we use to harness the power and potential of AI
INTRODUCING The AI orchestration blueprint we use to harness the power and potential of AI for speed, quality and scale 6
Slide 7: Second Quarter Results – Performance Overview
Second Quarter Results – Performance Overview YoY Organic Adjusted EBIT Non-GAAP Bookings Revenue Growth* Margin* Diluted EPS* Q2 FY26 (4.2%) +2% YoY 8.0% $0.84 Guidance (3.5%) – (4.5%) 6.5% – 7.5% $0.65 – $0.75 * Reconciliation of GAAP to Non-GAAP measures provided in appendix 7
Slide 8: Second Quarter Segment Results
Second Quarter Segment Results CES GIS Insurance Revenue $1,255M $1,586M $320M YoY Organic Revenue Growth* (3.4%) (6.3%) 3.6% YoY Bookings (3%) +4% +25% TTM Book-to-Bill 1.15x 1.08x 0.76x * Reconciliation of GAAP to Non-GAAP measures provided in appendix 8
Slide 9: Strengthening Our Balance Sheet
Strengthening Our Balance Sheet Strong Free Cash Flow ($M) Lower Net Debt $337 Gross Debt ($B) $240 Net Debt ($B) $4.1 $4.0 Cash ($B) $93 $2.9 $48 $1.9 $2.1 $1.2 Q2 FY25 Q2 FY26 H1 FY25 H1 FY26 Q4 FY24 Q2 FY26 Q4 FY24 Q2 FY26 Q4 FY24 Q2 FY26 Capital Leases ($M): Since Start of FY25 Capital Lease Cap
Slide 10: Capital Allocation Priorities
Capital Allocation Priorities Invest in our business for sustained, profitable revenue growth Minimize new financial lease originations Maintain investment-grade debt levels; retire a portion of maturing Senior Notes Return capital to shareholders through stock buybacks 10
Slide 11: Full Fiscal Year 2026 and Q3 Fiscal Year 2026 Guidance
Full Fiscal Year 2026 and Q3 Fiscal Year 2026 Guidance* Full Fiscal Year 2026 YoY Organic Adjusted EBIT Non-GAAP Free Cash Revenue Growth Margin Diluted EPS Flow (3.5%) – (4.5%) 7.0% – 8.0% $2.85 – $3.35 ~$650M Q3 Fiscal Year 2026 YoY Organic Adjusted EBIT Non-GAAP Revenue Growth Margin Diluted EPS
Slide 12: oXu Technology
oXu TECHNOLOGY
Slide 13: Appendix
Appendix Non-GAAP Reconciliations Definitions 13
Slide 14: YoY Organic Revenue Growth
YoY Organic Revenue Growth ($M) Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Total FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Total FY25 Q1 FY26 Q2 FY26 CES revenue 1,320 1,322 1,313 1,319 5,274 1,281 1,279 1,267 1,235 5,062 1,246 1,255 YoY CES revenue growth (5.0%) (2.1%) (4.0%) (3.0%) (3.5%) (3.0%) (3.3%) (3.5%) (6.
Slide 15: Adjusted EBIT Reconciliation
Adjusted EBIT 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 Q1 FY26 Q2 FY26 Net income (loss) 42 99 140 (195) 86 25 45 63 263 396 18 40 Income tax expense (benefit) 36 29 72 (114) 23 43 48 68 75 234 49 91 Interest inco
Slide 16: 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 Q1 FY26 Q2 FY26 GAAP EPS (diluted) $0.17 $0.49 $0.81 ($1.10) $0.46 $0.14 $0.23 $0.31 $1.43 $2.10 $0.09 $0.20 Restructuring costs 0.07 0.13 0.16 0.08 0.44 0.17 0.18 0.18 0.
Slide 17: 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 Q1 FY26 Q2 FY26 Cash flows from operating activities 127 248 706 280 1,361 238 195 650 315 1,398 186 409 Less capex Purchase of property & equipment (55) (53) (36) (38) (18
Slide 18: Non-GAAP and Other Definitions
Non-GAAP and Other Definitions Our Non-GAAP and other definitions include: • Segment profit: Segment revenue less costs of services, selling, general and administrative, depreciation and amortization, and other segment items. The company does not allocate to its segments certain operating expenses m
Slide 19: 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 third party costs related to integrat
Slide 20: oXu Technology
oXu TECHNOLOGY
DXC Technology Company — Q2 2026 Earnings Presentation on 6ix