“Conduent Incorporated has announced plans to disclose its fourth-quarter and full-year 2025 financial results before the market opens on February 12, 2026, followed by a management-led conference call at 9:00 a.m. ET to discuss performance, strategic initiatives, and forward guidance amid ongoing operational transformations and market pressures.”
Conduent Incorporated, a Nasdaq-listed provider of technology-enabled business process services, has set the stage for its latest financial disclosures. The company will unveil its fourth-quarter and full-year 2025 results prior to the opening bell on February 12, 2026. This release comes at a pivotal time as investors scrutinize the firm’s progress in cost optimization, digital transformation efforts, and revenue stabilization following a year marked by mixed segmental performances.
The earnings report will cover key metrics including revenue, adjusted EBITDA, net income, and cash flow, offering insights into how Conduent navigated economic headwinds such as inflationary pressures on operational costs and shifts in client demands for automation-driven solutions. Management is expected to highlight advancements in AI integration across its service lines, which have been central to the company’s strategy for enhancing efficiency and client retention.
Following the release, Conduent’s executive team will host a conference call and live webcast starting at 9:00 a.m. Eastern Time. Participants can access the call via domestic and international dial-in numbers, with a passcode provided for entry. The webcast will be available on the company’s investor relations website, allowing real-time viewing and subsequent replay for those unable to attend live. This session will likely include prepared remarks from CEO Cliff Skelton and CFO Stephen Wood, followed by a question-and-answer period with analysts.
Company Background and Operational Focus
Conduent operates as a global leader in business process outsourcing, delivering solutions that leverage technology to streamline operations for enterprises and government entities. With a workforce spanning multiple continents, the company serves over 500 clients, including Fortune 100 corporations and numerous public sector agencies. Its core segments include Commercial Industries, Government Services, and Transportation Solutions.
In the Commercial Industries segment, Conduent provides customer experience management, human resources outsourcing, and finance and accounting services, emphasizing AI-powered automation to reduce manual processes and improve scalability. The Government Services division focuses on payment processing, eligibility verification, and fraud detection for public programs, handling billions in transactions annually. Transportation Solutions encompass tolling systems, public transit management, and traffic analytics, aimed at reducing congestion and enhancing mobility.
Over the past year, Conduent has invested heavily in digital platforms, including cloud-based analytics and machine learning tools, to address client needs for faster, more secure data handling. These initiatives have been part of a broader turnaround strategy initiated in recent years, following the company’s spin-off from Xerox in 2017.
Review of 2025 Financial Performance to Date
Conduent’s performance through the first three quarters of 2025 reflects a combination of resilience in core operations and challenges from divestitures and volume fluctuations. Year-to-date adjusted revenue stands at approximately $2,272 million, positioning the company toward the lower end of its full-year guidance range of $3,050 million to $3,100 million.
In the third quarter, Conduent reported revenue of $767 million, with adjusted revenue matching at $767 million, representing a 1.8% decline year-over-year on a reported basis and a 5% drop on an adjusted constant currency basis. Adjusted EBITDA for the period reached $40 million, yielding a margin of 5.2%, an improvement from prior quarters driven by cost-saving measures and operational efficiencies. However, the company posted a net loss of $46 million, influenced by one-time charges related to portfolio optimizations and lower volumes in certain government contracts.
The second quarter saw revenue of $754 million, with adjusted EBITDA of $37 million and a margin of 4.9%, both surpassing internal expectations due to stronger-than-anticipated performance in transportation tolling and commercial customer experience services. Pre-tax loss was $40 million, amid ongoing investments in technology upgrades.
First-quarter results included adjusted revenue of $751 million, down 8.5% year-over-year, with adjusted EBITDA holding steady at $37 million. The net loss of $51 million highlighted pressures from seasonal factors and delays in government funding releases.
| Quarter | Revenue ($M) | Adjusted Revenue ($M) | Adjusted EBITDA ($M) | Adjusted EBITDA Margin (%) | Net Income/Loss ($M) |
|---|---|---|---|---|---|
| Q1 2025 | 751 | 751 | 37 | 4.9 | (51) |
| Q2 2025 | 754 | 754 | 37 | 4.9 | (40) |
| Q3 2025 | 767 | 767 | 40 | 5.2 | (46) |
| YTD 2025 | 2,272 | 2,272 | 114 | 5.0 (avg) | (137) |
These figures underscore Conduent’s efforts to stabilize margins through headcount reductions, supply chain optimizations, and the divestiture of non-core assets, which generated proceeds used to refinance debt and bolster liquidity.
Analyst Expectations for Q4 and Full-Year 2025
Market watchers anticipate Conduent’s fourth-quarter revenue to hover around $792 million, with earnings per share projected at approximately -0.04 to -0.055, reflecting ongoing negative profitability amid transformation costs. Full-year adjusted EBITDA margin is expected to land within the guided 5.0% to 5.5% range, supported by an anticipated exit rate of 8% as efficiency gains accelerate.
Analysts point to potential upsides from new business signings, which totaled $150 million in annual contract value in Q2 and contributed to a trailing twelve-month net ARR activity of $63 million in Q3. However, risks include delays in milestone payments from government clients and competitive pressures in the business process services sector.
For 2026, preliminary forecasts suggest a return to modest profitability, with EPS estimates at 0.00 to 0.16 and revenue growth projected at 2-3%, driven by expanded AI deployments and recovery in transportation volumes.
Market Context and Stock Performance
Conduent’s shares are trading at around $1.40, near the lower end of its 52-week range of $1.33 to $4.90, reflecting investor caution amid broader market volatility in the tech services space. The company’s market capitalization stands at approximately $214 million, with a beta of 1.30 indicating higher sensitivity to market movements.
Recent trading volume averages 1.39 million shares daily, with the stock experiencing a 29.43% year-to-date decline as of early 2026. This performance contrasts with the S&P 500’s modest gains, highlighting sector-specific challenges such as margin compression and client contract renewals. Debt levels remain manageable, with a net adjusted leverage ratio of 1.6x and cash reserves of $377 million at the end of Q3 2025.
Investors are monitoring Conduent’s ability to execute on its strategic review, including potential acquisitions or partnerships to enhance its digital offerings. The upcoming earnings could serve as a catalyst if results demonstrate progress toward sustainable growth.
Strategic Initiatives and Future Outlook
Conduent’s management has emphasized a multi-pronged approach to value creation, including the completion of a debt refinance in Q3 2025, which extended maturities and reduced interest expenses. The company continues to prioritize high-margin services like payments protection and healthcare claims automation, which safeguard billions in transactions and reduce fraud for clients.
In transportation, innovations in contactless tolling and data analytics are poised to capitalize on increasing urban mobility demands. Government services, handling $85 billion in annual payments, remain a stable revenue driver despite funding variabilities.
Overall, the 2025 results will provide a benchmark for Conduent’s trajectory into 2026, where analysts expect adjusted free cash flow improvements as capex moderates to about 2.2% of revenue.
Disclaimer: This news report is for informational purposes only and does not constitute financial advice, investment tips, or endorsements from any sources.