Dxc Technology Company · NYSE:DXC
Dxc Technology — Q3 2026 Earnings Presentation
25 slides from Dxc Technology's earnings presentation, Jan 29, 2026
Slide 1: 3rd Quarter Fiscal Year 2026 Earnings Presentation
1 3RD QUARTER FISCAL YEAR 2026 EARNINGS PRESENTATION JANUARY 29, 2026 © 2026 DXC Technology Company. All rights reserved. © 2026 DXC Technology Company. All rights reserved. DXC Public DXC Public
Slide 2: Agenda
2 AGENDA 1 Q3 Business Update 2 Detailed Review of Q3 Results and Guidance Update 3 Q&A © 2026 DXC Technology Company. All rights reserved. DXC Public
Slide 3: Forward-Looking Statements
3 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 statem
Slide 4: Non-GAAP Financial Measures
4 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,
Slide 5: Two Tracks
5 TWO TRACKS CORE TRACK Our heritage businesses We’re the trusted operator that delivers certainty at scale. This two-track approach combines innovation with FAST TRACK decades of proven Our new AI-fueled businesses are designed to drive execution. exponential growth We’re investing in what’s new —
Slide 6: Core Track Progress
6 CORE TRACK PROGRESS What We’ve Built What’s Working • Where teams use new tools and lead with differentiated message, • Refreshed brand and clear market story customers respond • New sales materials articulating why customers • Early signals: Clarity and confidence resonating in the market choose
Slide 7: Fast Track Attributes
7 FAST TRACK ATTRIBUTES AI-native, AI-enabled Faster growth Higher margins Repeatable, solutions scalable IP Goal: 10% of our run rate revenue by end of Q2 fiscal 2029 © 2026 DXC Technology Company. All rights reserved. DXC Public
Slide 8: Fast Track Progress
8 FAST TRACK PROGRESS Startups poised to drive growth COREIGNITE AGENTIC AI SOC OASIS ASSURE PLATFORM & OFFERINGS High-performance orchestration and AI-powered security solution that An intelligent, agentic operations A suite of AI-powered, workflow- ledger platform that unlocks new transforms SOCs
Slide 9: Introduction to CoreIgnite
9 INTRODUCTION TO COREIGNITE Delivering next-gen financial Existing traditional and newer digital product offerings assets ecosystem brings new services, transaction volume and revenue flows Tokenized Securities Payment Processors Platforms CoreIgnite BNPL & Other Crypto Exchanges Global Large Banks
Slide 10: Introduction to CoreIgnite
10 INTRODUCTION TO COREIGNITE Delivering next-gen financial Growing our product offerings strategic partnerships CoreIgnite Global Large Banks North America Community Banks Europe Credit Unions Australia 300M+ Deposit Accounts Serving a broad set of financial institutions © 2026 DXC Technology Compa
Slide 11: New DXC Partnerships Making Headlines
11 NEW DXC PARTNERSHIPS MAKING HEADLINES “XRP Price Nears $2 as “Ripple Partners With DXC Ripple Expands Enterprise To Integrate XRP Payments Reach to 300 Million Into $5 Trillion Banking Accounts in New Deal” Network” “DXC and Splitit bring “Splitit’s New Partnership instalment payments to Helps Ba
Slide 12: Third Quarter Results
12 THIRD QUARTER RESULTS Performance Overview YOY ORGANIC ADJUSTED EBIT NON-GAAP BOOK-TO-BILL REVENUE GROWTH* MARGIN* DILUTED EPS* Q3 FY26 (4.3%) 1.12x 8.2% $0.96 Guidance (5.0%) – (4.0%) 7.0% – 8.0% $0.75 – $0.85 * Reconciliation of GAAP to Non-GAAP measures provided in appendix © 2026 DXC Technolo
Slide 13: Third Quarter Segment Results
13 THIRD QUARTER SEGMENT RESULTS CES GIS Insurance Revenue $1,266M $1,607M $321M YoY Organic Revenue Growth* (3.6%) (6.2%) 3.2% YoY Bookings (6%) (26%) (6%) TTM Book-to-Bill 1.13x 0.99x 0.73x * Reconciliation of GAAP to Non-GAAP measures provided in appendix © 2026 DXC Technology Company. All rights
Slide 14: Free Cash Flow and Capital Structure
14 FREE CASH FLOW AND CAPITAL STRUCTURE Strong Free Cash Flow ($M) Debt Repayments ($M) Share Repurchases ($M) $576 $603 $483 $347 $75 $65 $50 $266 $49 $58 Q3 FY25 Q3 Q3 FY26 YTD FY25YTD YTD FY26 Q1 Q1 FY26 Q2Q2 FY26 Q3Q3 FY26 Q1 FY26 Q1 Q2 Q2 FY26 Q3Q3 FY26 • Refinanced €650M January 2026 bond • $1
Slide 15: Debt Management
15 DEBT MANAGEMENT Since Start of FY25 Gross Debt ($B) Net Debt ($B) $4.1 Cash ($B) $3.6 $2.9 $1.7 $1.9 $1.2 Q4 FY24 Q3 FY26 Gross Debt Q4 FY24 Cash Q3 FY26 Q4 FY24Net Debt Q3 FY26 Capital Leases ($M): Since Start of FY25 Capital Lease Capital Lease Gross Debt Reduction Originations Payments from Ca
Slide 16: Expected Near-Term Capital Allocation Priorities
16 EXPECTED NEAR-TERM CAPITAL ALLOCATION PRIORITIES Repurchase $60 million of shares in the fourth quarter • Exit FY26 with $1.7 billion cash on hand Continue to invest in growth Retire the remaining $400 million of senior notes due Sept ’26 Repurchase $250 million of shares in first half of FY27 ©
Slide 17: Q4 Fiscal Year 2026 and Full Fiscal Year 2026 Guidance
17 Q4 FISCAL YEAR 2026 AND FULL FISCAL YEAR 2026 GUIDANCE* Q4 Fiscal Year 2026 YOY ORGANIC ADJUSTED EBIT NON-GAAP REVENUE GROWTH MARGIN DILUTED EPS (4.0%) – (5.0%) 6.5% – 7.5% $0.65 – $0.75 Full Fiscal Year 2026 YOY ORGANIC ADJUSTED EBIT NON-GAAP FREE CASH REVENUE GROWTH MARGIN DILUTED EPS FLOW ~(4.
Slide 18: Appendix
18 APPENDIX © 2026 DXC Technology Company. All rights reserved. DXC Public
Slide 19: YoY Organic Revenue Growth
19 YOY ORGANIC REVENUE GROWTH ($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 Q3 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 1,266 YoY CES revenue growth (5.0%) (2.1%) (4.0%) (3.0%) (3.5%) (3.0%)
Slide 20: Adjusted EBIT Reconciliation
20 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 Q3 FY26 Net income (loss) 42 99 140 (195) 86 25 45 63 263 396 18 40 110 Income tax expense (benefit) 36 29 72 (114) 23 43 48 68 75 234 49 9
Slide 21: Non-GAAP Reconciliation — EPS
21 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 Q3 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 $0.61 Restructuring costs 0.07 0.13 0.16 0.08 0.44
Slide 22: Free Cash Flow
22 FREE CASH FLOW Free Cash Flow ($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 Q3 FY26 Cash flows from operating activities 127 248 706 280 1,361 238 195 650 315 1,398 186 409 414 Less capex Purchase of property & equipment (55) (53) (36)
Slide 23: Non-GAAP and Other Definitions
23 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 expense
Slide 24: Non-GAAP Adjustments
24 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 integ
Slide 25: © 2026 DXC Technology Company. All rights reserved. DXC Public
25 © 2026 DXC Technology Company. All rights reserved. DXC Public
DXC Technology Company — Q3 2026 Earnings Presentation on 6ix