Dxc Technology Company · NYSE:DXC
Dxc Technology — Q4 2026 Earnings Presentation
22 slides from Dxc Technology's earnings presentation, May 7, 2026
Slide 1: 4th Quarter Fiscal Year 2026 Earnings Presentation
1 4TH QUARTER FISCAL YEAR 2026 EARNINGS PRESENTATION MAY 7, 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 Q4 Business Update 2 Detailed Review of Q4 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 historical information, statements in this document may constitute “forward-looking statements” based on our current assumptions regarding future performance. These statements involve numerous risks, uncertainties, and other factors outside our control that co
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: Customer Zero: AI in Action
5 CUSTOMER ZERO: AI IN ACTION Sales Legal HR and Marketing Automating the end-to-end Compressing contract cycles Driving both efficiency and cycle, increasing capacity while improving quality better outcomes and consistency © 2026 DXC Technology Company. All rights reserved. DXC Public
Slide 6: Positioned to Convert AI Efficiency into Greater Profitability
6 POSITIONED TO CONVERT AI EFFICIENCY INTO GREATER PROFITABILITY Time & Material Billing based on number of headcount deployed and 20% working on the project Fixed Price 40% Volumetric/Milestone 40% Claims (Insurance), MIPS or terabytes (GIS), outcomes or 80% milestones (CES) Outcome-based pricing T
Slide 7: Fourth Quarter Results
7 FOURTH QUARTER RESULTS Performance Overview YOY ORGANIC ADJUSTED EBIT NON-GAAP BOOK-TO-BILL REVENUE GROWTH* MARGIN* DILUTED EPS* Q4 FY26 (6.6%) 1.07x 7.6% $0.77 Guidance (5.0%) – (4.0%) 6.5% – 7.5% $0.65 – $0.75 * Reconciliation of GAAP to Non-GAAP measures provided in appendix © 2026 DXC Technolo
Slide 8: Fourth Quarter Segment Results
8 FOURTH QUARTER SEGMENT RESULTS CES GIS Insurance Revenue $1,256M $1,549M $325M YoY Organic Revenue Growth* (3.9%) (10.6%) 4.0% YoY Bookings (11%) (19%) +20% Quarterly Book-to-Bill 1.07x 1.11x 0.88x * Reconciliation of GAAP to Non-GAAP measures provided in appendix © 2026 DXC Technology Company. Al
Slide 9: Full Fiscal Year Segment Results
9 FULL FISCAL YEAR SEGMENT RESULTS CES GIS Insurance Revenue $5,023M $6,342M $1,279M YoY Organic Revenue Growth* (3.8%) (7.2%) 3.6% YoY Bookings +1% (13%) +4% TTM Book-to-Bill 1.10x 0.94x 0.76x * Reconciliation of GAAP to Non-GAAP measures provided in appendix © 2026 DXC Technology Company. All righ
Slide 10: Full Fiscal Year Results
10 FULL FISCAL YEAR RESULTS Performance Overview YOY ORGANIC ADJUSTED EBIT NON-GAAP BOOK-TO-BILL REVENUE GROWTH* MARGIN* DILUTED EPS* FY26 (4.8%) 0.98x 7.7% $3.23 * Reconciliation of GAAP to Non-GAAP measures provided in appendix © 2026 DXC Technology Company. All rights reserved. DXC Public
Slide 11: Free Cash Flow and Capital Structure
11 FREE CASH FLOW AND CAPITAL STRUCTURE Strong Free Cash Flow ($M) Debt Repayments ($M) Share Repurchases ($M) $687 $713 $508 $75 $65 $300 $60 $50 $111 $110 $56 $34 Q4 FY25 Q4 Q4 FY26 FY25 FY FY26 Q4 FY25 Q4Q4 FY26 FY25 FY FY26 Q1 Q1 FY26 Q2Q2 FY26 Q3Q3 FY26 Q4Q4 FY26 • $808M of debt repayments in F
Slide 12: Debt Management
12 DEBT MANAGEMENT Since Start of FY25 Gross Debt ($B) Net Debt ($B) $4.1 Cash ($B) $3.6 $2.9 $1.7 $1.8 $1.2 Q4 FY24 Q4 FY26 Gross Debt Q4 FY24 Cash Q4 FY26 Q4 FY24Net Debt Q4 FY26 Gross Debt Drivers Debt Repayments FX/Other Gross Debt Reduction ($808M) $271M ($537M) © 2026 DXC Technology Company. A
Slide 13: Expected Near-Term Capital Allocation Priorities
13 EXPECTED NEAR-TERM CAPITAL ALLOCATION PRIORITIES Prioritize investment in the business Maintain strong balance sheet with appropriate debt levels • Retire the remaining $400 million of senior notes due September 2026 Return capital to shareholders: • Repurchase $250 million of shares in FY27 © 20
Slide 14: Full Fiscal Year 2027 and Q1 Fiscal Year 2027 Guidance
14 FULL FISCAL YEAR 2027 AND Q1 FISCAL YEAR 2027 GUIDANCE* Full Fiscal Year 2027 YOY ORGANIC ADJUSTED EBIT NON-GAAP FREE CASH REVENUE GROWTH MARGIN DILUTED EPS FLOW (5.0%) – (3.0%) 6.0% – 7.0% $2.40 – $2.90 ~$600M Q1 Fiscal Year 2027 YOY ORGANIC ADJUSTED EBIT NON-GAAP REVENUE GROWTH MARGIN DILUTED E
Slide 15: Appendix
15 APPENDIX © 2026 DXC Technology Company. All rights reserved. DXC Public
Slide 16: YoY Organic Revenue Growth
16 YOY ORGANIC REVENUE GROWTH ($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 Q4 FY26 Total 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 1,256 5,023 YoY CES revenue growth (5.0%) (2.1
Slide 17: Adjusted EBIT Reconciliation
17 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 Q4 FY26 Total FY26 Net income (loss) 42 99 140 (195) 86 25 45 63 263 396 18 40 110 (140) 28 Income tax expense (benefit) 36 29 72 (
Slide 18: Non-GAAP Reconciliation — EPS
18 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 Q4 FY26 Total 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 ($0.84) $0.10 Restructurin
Slide 19: Free Cash Flow
19 FREE CASH FLOW Free Cash Flow ($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 Q4 FY26 Total FY26 Cash flows from operating activities 127 248 706 280 1,361 238 195 650 315 1,398 186 409 414 239 1,248 Less capex Purchase of propert
Slide 20: Non-GAAP and Other Definitions
20 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 21: Non-GAAP Adjustments
21 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 22: © 2026 DXC Technology Company. All rights reserved. DXC Public
22 © 2026 DXC Technology Company. All rights reserved. DXC Public
DXC Technology Company — Q4 2026 Earnings Presentation on 6ix