DXC Technology (DXC) Q1 2026

Q4 2026 Q3 2026 Q2 2026 Q1 2026

Earnings

DXC Technology opened its fiscal 2026 on a stronger-than-expected note, posting first-quarter non-GAAP EPS of $0.68 against a consensus estimate of $0.62, a beat of roughly 9.87%, while revenue of $3.16 billion edged past the $3.09 billion estimate d… Read more DXC Technology opened its fiscal 2026 on a stronger-than-expected note, posting first-quarter non-GAAP EPS of $0.68 against a consensus estimate of $0.62, a beat of roughly 9.87%, while revenue of $3.16 billion edged past the $3.09 billion estimate despite falling 2.4% year-over-year as the company continued to absorb top-line pressure. The most meaningful driver behind the earnings outperformance was a sharp improvement in corporate expenses, which fell to $19 million from $44 million a year ago, helping offset margin compression across all three business segments. Bookings momentum offered perhaps the clearest forward signal, with total bookings of $2.80 billion growing 14% year-over-year, the third straight quarter of double-digit growth, and the Consulting and Engineering Services segment posting a standout book-to-bill of 1.19x. Free cash flow more than doubled to $97 million, aided by a significant reduction in capital expenditures. Management responded to the beat by raising its full-year non-GAAP EPS guidance to $2.85 to $3.35, while maintaining revenue guidance of $12.61 billion to $12.87 billion, signaling cautious but improving confidence in the underlying business trajectory.