Slide 1: 1st Quarter Fiscal Year 2026 Earnings Presentation
1st Quarter Fiscal Year 2026 Earnings Presentation July 31, 2025
Slide 2: Agenda for Today
Agenda for Today 1 Q1 Performance Highlights and Business Update 2 Detailed Review of Q1 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: TECHNOLOGY
oXu TECHNOLOGY
Slide 6: Third Consecutive Quarter of Double-Digit Growth
Third Consecutive Quarter of Double-Digit Growth Bookings YoY ($B) TTM Book-to-Bill +27% 1.06 +21% 1.03 0.96 $4.3 +14% 0.88 0.88 $3.9 $3.4 $3.2 $2.8 $2.5 C t 1 Q3 FY24 Q3 FY25 Q4 FY24 CQ4t FY25 2 Q1 FY25 C Q1t FY26 3 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 6
Slide 7: Track Record of Operational Excellence
Track Record of Operational Excellence • Approximately 30 years of global experience with Accenture • Proven track record in launching and growing businesses internationally • Guiding clients in the adoption of cutting-edge technologies such as GenAI • Extensive expertise across various industries,
Slide 8: Built to Lead in GenAI
Built to Lead in GenAI Recognized by Gartner as an Emerging Leader in their Consulting and Implementation Services Market Quadrant for Generative AI 50,000 GenAI-enabled engineers, 92% of teams certified AI ready Revolutionizing our customer interactions and business processes Deepening our global e
Slide 9: New DXC Business Segmentation
New DXC Business Segmentation Mix of Total Company Revenue CES: Consulting & Engineering Services Insurance Software engineering, consulting, and custom and enterprise applications solutions that help companies manage essential 10% functions, modernize processes and drive innovation CES GIS: Global
Slide 10: First Quarter Results – Performance Overview
First Quarter Results – Performance Overview YoY Organic Adjusted EBIT Non-GAAP Bookings Revenue Growth* Margin* Diluted EPS* Q1 FY26 (4.3%) +14% YoY 6.8% $0.68 Guidance (4.0%) – (5.5%) 6.0% – 7.0% $0.55 – $0.65 * Reconciliation of GAAP to Non-GAAP measures provided in appendix 10
Slide 11: First Quarter Segment Results
First Quarter Segment Results CES GIS Insurance Revenue $1,246M $1,600M $313M YoY Organic Revenue Growth* (4.4%) (5.7%) 3.6% YoY Bookings +32% +4% -19% TTM Book-to-Bill 1.2x 1.1x 0.7x * Reconciliation of GAAP to Non-GAAP measures provided in appendix 11
Slide 12: Strengthening Our Balance Sheet
Strengthening Our Balance Sheet Gross Debt ($M) Net Debt ($M) $4,089 $4,029 Cash ($M) $2,865 $2,237 $1,792 $1,224 Q4 FY24 Q1 FY26 Q4 FY24 Q1 FY26 Q4 FY24 Q1 FY26 Capital Leases ($M): Since Start of FY25 Capital Lease Capital Lease Gross Debt Reduction from Originations Payments Capital Leases $25 $3
Slide 13: Full Fiscal Year 2026 and Q2 Fiscal Year 2026 Guidance
Full Fiscal Year 2026 and Q2 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% $2.85 – $3.35 ~$600M Q2 Fiscal Year 2026 YoY Organic Adjusted EBIT Non-GAAP Revenue Growth Margin Diluted EPS
Slide 14: TECHNOLOGY
oXu TECHNOLOGY
Slide 15: Appendix
Appendix Non-GAAP Reconciliations Definitions 15
Slide 16: YoY Organic Revenue Growth
YoY Organic Revenue Growth ($M) Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Total FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Total FY25 Q1 FY26 CES revenue 1,320 1,322 1,313 1,319 5,274 1,281 1,279 1,267 1,235 5,062 1,246 YoY CES revenue growth (5.0%) (2.1%) (4.0%) (3.0%) (3.5%) (3.0%) (3.3%) (3.5%) (6.4%) (4.0%) (2.
Slide 17: 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 Net income (loss) 42 99 140 (195) 86 25 45 63 263 396 18 Income tax expense (benefit) 36 29 72 (114) 23 43 48 68 75 234 49 Interest income (49) (53) (
Slide 18: 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 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 Restructuring costs 0.07 0.13 0.16 0.08 0.44 0.17 0.18 0.18 0.11 0.65 0.15 T
Slide 19: 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 Cash flows from operating activities 127 248 706 280 1,361 238 195 650 315 1,398 186 Less capex Purchase of property & equipment (55) (53) (36) (38) (182) (48) (41)
Slide 20: 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 21: 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 22: TECHNOLOGY
oXu TECHNOLOGY