Conduent Incorporated (Nasdaq: CNDT) announced its Q4 and full year 2025 financial results, with revenue figures of $770M in Q4 and $3,042M for the full year. Pre-tax income was $(28)M in Q4 and $(160)M for the year, with an adjusted EBITDA margin of 6.5% in Q4 and 5.4% for the year. New business signings totaled $152M in Q4 and $517M for the year.

CEO Harsha V. Agadi highlighted mixed execution in 2025, with revenue growth in Government and Transportation segments. Plans include accelerating execution, enforcing financial discipline, reducing costs, optimizing the portfolio, and converting pipeline growth. Agadi emphasized the importance of sustainable turnarounds and commitment to exceptional client service.

Conduent ended 2025 with $243 million in cash and $223 million unused credit facility capacity. Adjusted EBITDA of $164M and margin of 5.4% were in line with guidance. Pre-tax income was $(160)M for the year, primarily due to divestiture-driven gains in the prior year.

Conduent aims to increase speed, enforce financial discipline, reduce costs, optimize the portfolio, and convert pipeline into growth. Adjusted revenue, EBITDA, operating income, and net income figures were provided, along with reconciliations for non-GAAP financial measures.

Adjusted free cash flow for the year was $(130)M, reflecting adjustments for transaction costs, direct response costs from a cyber event, vendor finance lease payments, and other items. The Company provides adjusted financial figures to assist investors in understanding ongoing business performance.

Read more at GlobeNewswire: Conduent Reports Fourth Quarter and Full Year 2025