DXC Technology, Inc. (DXC) reported better-than-expected bottom-line results for the fourth quarter of fiscal 2025. The company reported non-GAAP earnings of 84 cents per share, beating the Zacks Consensus Estimate by 10.5%. However, the bottom line decreased 13.4% year over year.DXC reported revenues of $3.17 billion for the fiscal fourth quarter, which beat the Zacks Consensus Estimate by 1.2% but decreased 6.4% year over year. On an organic basis, revenues declined 4.2% year over year.DXC’s Q4 Results in ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________________ to __________________ Commission File No.: 1-4850 DXC TECHNOLOGY COMPANY (Exact name of registrant as specified in its charter) (State or other jur ...

Core Insights - DXC Technology Company reported revenue of $3.17 billion for the quarter ended March 2025, reflecting a year-over-year decline of 6.4% [1] - The earnings per share (EPS) for the quarter was $0.84, down from $0.97 in the same quarter last year, but exceeded the consensus estimate of $0.76 by 10.53% [1] - The reported revenue surpassed the Zacks Consensus Estimate of $3.13 billion by 1.20% [1] Financial Performance Metrics - Global Business Service (GBS) revenue was $1.63 billion, a year-over-year decrease of 4.8%, slightly below the average estimate of $1.65 billion [4] - Global Infrastructure Services (GIS) revenue was reported at $1.54 billion, representing an 8.1% decline year-over-year, but exceeded the average estimate of $1.50 billion [4] - Total revenues for DXC Technology showed a year-over-year change of -6.4%, which was better than the average estimate of -7.1% [4] Stock Performance - Over the past month, shares of DXC Technology have returned +14.3%, outperforming the Zacks S&P 500 composite's +9.9% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]

DXC Technology shares have lost about 15.2% since the beginning of the year versus the S&P 500's gain of 0.1%. DXC Technology Company. (DXC) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $0.97 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 10.53%. A quarter ago, it was expected that this company would post earnings of $0.77 per share ...

Financial Data and Key Metrics Changes - Total revenue for the fourth quarter was $3.2 billion, a decline of 4.2% year-over-year on an organic basis, slightly above expectations [15] - Adjusted EBIT margin was 7.3%, down 110 basis points year-over-year, but also slightly above expectations [16] - Non-GAAP EPS was $0.84, down from $0.97 in the fourth quarter of the previous year, driven by lower adjusted EBIT [17] - Full year bookings increased by 7% year-over-year, with a book-to-bill ratio of 1.28 in the second half of the year [21][22] - Non-GAAP diluted EPS for the full year was $3.43, up 11% year-over-year, primarily driven by a lower share count and higher adjusted EBIT [23] Business Line Data and Key Metrics Changes - GBS, representing 51% of total revenue, declined 2.4% year-over-year organically, with a profit margin decrease to 10.9% [17] - GIS, representing 49% of total revenue, declined 6% year-over-year organically, with fourth quarter bookings growing 33% year-over-year [20] - Consulting and Engineering Services (CES) saw a 3.9% decline in organic revenue year-over-year, but bookings were up 9% year-over-year [19] Market Data and Key Metrics Changes - The pipeline for consumer industries and retail has dropped, particularly in project-based services, while banking, capital markets, manufacturing, and public sector remain robust [32][33] - The insurance business grew at mid-single-digit rates through the first three quarters, with confidence in continued performance [19] Company Strategy and Development Direction - The company is focused on achieving sustainable profitable revenue growth, with a strong emphasis on rebuilding operational capabilities and leadership stability [5][6] - Investments are being made in sales and marketing to enhance capabilities and drive growth [89] - The company plans to restart its share repurchase program, indicating confidence in future performance [14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate economic uncertainties and emphasized the importance of a strong pipeline and execution capabilities [27][55] - The impact of AI is seen as a significant opportunity, with increasing spending expected from clients [9][44] - Management acknowledged the challenges in converting bookings to revenue due to longer contract durations but remains optimistic about future growth [51][74] Other Important Information - The company will report financial results under a new segment structure starting in the first quarter of fiscal 2026, which includes Insurance Services and Software, Consulting and Engineering Services, and GIS [28][80] - Total cash on the balance sheet increased by approximately $570 million year-over-year to $1.8 billion, driven by free cash flow generation [25] Q&A Session Summary Question: Demand and Industry Dynamics - Management noted good progress in large deals but identified softness in project-based services within consumer industries and retail [32][33] Question: Free Cash Flow Guidance - The $600 million target for free cash flow in fiscal 2026 is based on fiscal 2025 results adjusted for EBIT guidance and increased restructuring spending [34] Question: Macroeconomic Outlook - The guidance for fiscal 2026 reflects uncertainty, with room for potential deterioration in conditions [38] Question: Pricing Environment - The pricing environment has been stable, with improvements noted in mega deals and project-based services [39] Question: Gen AI Spending - Gen AI spending has been primarily in smaller pilot projects, with significant potential for growth as companies assess their readiness [43][44] Question: Revenue Growth Conditions - Management emphasized the importance of a qualified pipeline and execution capabilities for future revenue growth [52][55] Question: Carnival Cruise Line Deal - The company won the Carnival deal based on capability rather than price, highlighting its proven partnership and technical foundation [58] Question: Cross-Selling Opportunities - Client engagement forums have been initiated to enhance understanding of DXC's offerings, leading to increased demand for GBS from GIS clients [64] Question: Investment Plans - The company is focusing on replicable capabilities and internal optimization to drive growth, with significant investments planned in sales and marketing [89]

Financial Data and Key Metrics Changes - Total revenue for the fourth quarter was $3.2 billion, a decline of 4.2% year-over-year on an organic basis, slightly above expectations [15] - Adjusted EBIT margin was 7.3%, down 110 basis points year-over-year, but slightly above expectations [16] - Non-GAAP EPS was $0.84, down from $0.97 in the fourth quarter of the previous year, driven by lower adjusted EBIT [17] - Full year bookings increased by 7% year-over-year, with a book-to-bill ratio of 1.28 in the second half of the year [21][22] - Non-GAAP diluted EPS for the full year was $3.43, up 11% year-over-year, primarily driven by a lower share count and higher adjusted EBIT [23] Business Line Data and Key Metrics Changes - GBS, representing 51% of total revenue, declined 2.4% year-over-year organically, with a profit margin decrease to 10.9% [17] - GIS, representing 49% of total revenue, declined 6% year-over-year organically, with fourth quarter bookings growing 33% year-over-year [20] - Consulting and Engineering Services (CES) saw bookings up 9% year-over-year, with a book-to-bill ratio of 1.22 [18] Market Data and Key Metrics Changes - The pipeline in consumer industries and retail has dropped, particularly in project-based services, while banking, capital markets, manufacturing, public sector, and insurance remain robust [32][33] - The insurance business grew at mid-single-digit rates through the first three quarters, with confidence in maintaining this growth rate for fiscal 2026 [19] Company Strategy and Development Direction - The company is focused on achieving sustainable profitable revenue growth and reversing eight consecutive years of revenue decline [5] - Investments are being made in sales and marketing to improve capabilities and drive growth [90] - The company plans to restart its share repurchase program, underscoring its commitment to delivering long-term value to shareholders [14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's future, highlighting the importance of leadership stability and the recruitment of new talent [6][7] - The impact of AI is beginning to accelerate within the client base, with increasing AI spending year-over-year [9] - Fiscal 2026 is expected to be a year of continued disciplined execution to sharpen operations and drive efficiencies despite near-term uncertainties [13] Other Important Information - The company will report financial results under a new segment structure starting in the first quarter of fiscal 2026, which includes Insurance Services and Software, Consulting and Engineering Services, and GIS [28] - Total cash on the balance sheet increased by approximately $570 million year-over-year to $1.8 billion, driven by free cash flow generation and asset sale proceeds [25] Q&A Session Summary Question: Demand and Industry Insights - Management noted good progress in large deals, but some softness in project-based services in consumer industries and retail [32][33] Question: Free Cash Flow Guidance - The $600 million target for free cash flow in fiscal 2026 is based on fiscal 2025 results adjusted for after-tax EBIT guidance and increased restructuring spending [34] Question: Macroeconomic Outlook - The guidance for fiscal 2026 accounts for uncertainty, with a wider range provided for the first quarter to reflect potential conditions [39] Question: Pricing Environment - The pricing environment has been stable, with improvements noted in mega deals and project-based services [40] Question: Gen AI Spending - Gen AI spending has been increasing, primarily in smaller pilot projects, with significant potential for future growth [43][45] Question: Revenue Growth Conditions - Management emphasized the importance of a qualified pipeline and effective execution to achieve revenue growth [52][54] Question: Investment Plans - The company is focusing on replicable capabilities and investing in sales and marketing to drive positive growth [89][90]

Financial Data and Key Metrics Changes - Total revenue for Q4 2025 was $3.2 billion, a decline of 4.2% year-over-year on an organic basis [16] - Adjusted EBIT margin was 7.3%, down 110 basis points year-over-year [17] - Non-GAAP EPS was $0.84, down from $0.97 in the same quarter last year [18] - Full year total revenue was $12.9 billion, down 4.6% year-over-year on an organic basis [24] - Non-GAAP diluted EPS for the full year was $3.43, up 11% year-over-year [24] Business Line Data and Key Metrics Changes - GBS (Global Business Services) revenue, which represents 51% of total revenue, declined 2.4% year-over-year organically [19] - GIS (Global Infrastructure Services) revenue, representing 49% of total revenue, declined 6% year-over-year organically [22] - Within GBS, consulting and engineering services saw bookings up 9% year-over-year with a book-to-bill ratio of 1.22 [20] - Insurance Services and Software business grew 1% year-over-year organically, while BPS (Business Process Services) organic revenue grew 2.7% year-over-year [21] Market Data and Key Metrics Changes - Bookings increased by more than 20% year-over-year, resulting in a book-to-bill ratio of 1.2 for Q4 [5] - The second half of the year saw a bookings growth rate of 24% [5] - The pipeline in consumer industries and retail has dropped, particularly in project-based services [34] Company Strategy and Development Direction - The company is focused on achieving sustainable profitable revenue growth and reversing eight consecutive years of revenue decline [5] - Investments are being made in sales capabilities and marketing to deepen customer relationships and expand the pipeline [7] - The company plans to restart its share repurchase program, indicating confidence in future growth [15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate economic uncertainties and emphasized the importance of operational discipline [14] - The impact of AI is seen as a significant opportunity for growth, with increasing spending from clients [10] - Management noted that while there are challenges in certain sectors, overall demand remains strong in banking, capital markets, and insurance [35] Other Important Information - The company will report financial results under a new segment structure starting in Q1 2026, which includes Insurance Services and Software, Consulting and Engineering Services, and GIS [30] - The company generated $687 million of free cash flow for the fiscal year, driven by better working capital management [25] Q&A Session Summary Question: Demand trends and industry impacts - Management noted good progress in large contracts but identified softness in consumer industries and retail [34][35] Question: Free cash flow guidance - The $600 million target for free cash flow was explained as adjusted for after-tax EBIT guidance and increased restructuring spending [36] Question: Macroeconomic outlook for revenue guidance - Management indicated that the guidance accounts for uncertainty and potential economic deterioration [40] Question: Pricing environment - The pricing environment has been stable, with improvements noted in mega deals [41] Question: Gen AI spending and project growth - Management highlighted that Gen AI spending has been primarily in smaller pilot projects, with significant potential for growth [45][46] Question: Revenue growth conditions - Management emphasized the importance of a qualified pipeline and execution capabilities for future growth [55][56] Question: Insurance segment reporting - The company will break out insurance as a separate segment starting in 2026, reflecting internal management structures [83] Question: Investment priorities - Investments will focus on replicable capabilities and sales and marketing to drive growth [92][94]

Q4 Fiscal Year 2025 Performance - The company's organic revenue growth decreased by 4.2% year-over-year[20] - Adjusted EBIT margin was 7.3%, a decrease of 110 basis points year-over-year[21] - Adjusted EPS was $0.84, a decrease of 13.4% year-over-year[22] GBS and GIS Results - GBS revenue was $1.63 billion, with a year-over-year organic revenue decrease of 2.4% and a book-to-bill ratio of 1.16x[23, 27] - GIS revenue was $1.539 billion, with a year-over-year organic revenue decrease of 6.0% and a book-to-bill ratio of 1.28x[29] Free Cash Flow and Balance Sheet - Free cash flow less lease originations was $185 million[35] - Total debt was $3.9 billion, a decrease of $213 million year-over-year[40] - Cash was $1.8 billion, an increase of $572 million year-over-year[40] - Net debt was $2.1 billion, a decrease of $785 million year-over-year[41] Fiscal Year 2026 Guidance - Full fiscal year 2026 organic revenue growth is projected to be between -3.0% and -5.0%[42] - Full fiscal year 2026 adjusted EBIT margin is projected to be between 7.0% and 8.0%[42] - Full fiscal year 2026 non-GAAP diluted EPS is projected to be between $2.75 and $3.25[42] - Full fiscal year 2026 free cash flow is projected to be approximately $600 million[42]

[Fiscal 2025 Performance Overview](index=1&type=section&id=Fiscal%202025%20Performance%20Overview) DXC Technology reported a decline in both Q4 and full-year FY2025 revenue, yet achieved bookings growth exceeding 20% and a 1.03x book-to-bill ratio for the full year - CEO Raul Fernandez highlighted continued progress towards sustained, profitable revenue growth, citing **bookings growth of over 20%** for the second consecutive quarter and a **book-to-bill ratio greater than 1**[4](index=4&type=chunk) [Fourth Quarter (Q4) FY2025 Financial Highlights](index=1&type=section&id=Fourth%20Quarter%20%28Q4%29%20FY2025%20Financial%20Highlights) Q4 FY25 revenue decreased 6.4% to $3.17 billion, with GAAP diluted EPS at $1.43 and a strong 1.22x book-to-bill ratio Q4 FY2025 Key Financial Metrics | Metric | Q4 FY2025 | YoY Change | Organic Revenue Change | | :--- | :--- | :--- | :--- | | Total Revenue | $3.17 billion | -6.4% | -4.2% | | Adjusted EBIT Margin | 7.3% | - | - | | Diluted EPS (GAAP) | $1.43 | vs. ($1.10) in Q4 FY24 | - | | Diluted EPS (Non-GAAP) | $0.84 | -13.4% | - | | Book-to-Bill Ratio | 1.22x | vs. 0.94x in Q4 FY24 | - | | Free Cash Flow | $111 million | vs. $155 million in Q4 FY24 | - | [Full Year (FY) FY2025 Financial Highlights](index=2&type=section&id=Full%20Year%20%28FY%29%20FY2025%20Financial%20Highlights) Full-year FY2025 revenue was $12.87 billion, down 5.8%, with GAAP diluted EPS significantly up to $2.10 and a 1.03x book-to-bill ratio Full Year FY2025 Key Financial Metrics | Metric | FY2025 | YoY Change | Organic Revenue Change | | :--- | :--- | :--- | :--- | | Total Revenue | $12.87 billion | -5.8% | -4.6% | | Adjusted EBIT Margin | 7.9% | +1.0% (vs. FY24) | - | | Diluted EPS (GAAP) | $2.10 | +356.5% | - | | Diluted EPS (Non-GAAP) | $3.43 | +10.6% | - | | Book-to-Bill Ratio | 1.03x | vs. 0.91x in FY24 | - | | Free Cash Flow | $687 million | vs. $756 million in FY24 | - | [Segment Performance FY2025](index=2&type=section&id=Segment%20Performance%20FY2025) GBS revenue declined 2.6% to $6.65 billion with a 12.0% margin, while GIS revenue fell 9.1% to $6.23 billion with a 7.2% margin, both achieving a 1.03x book-to-bill ratio GBS Full Year FY2025 Performance | Metric | FY2025 | YoY Change | Organic Revenue Change | | :--- | :--- | :--- | :--- | | Revenue | $6.65 billion | -2.6% | -1.0% | | Segment Profit | $797 million | -4.6% | - | | Segment Profit Margin | 12.0% | - | - | | Book-to-Bill Ratio | 1.03x | vs. 0.96x in FY24 | - | GIS Full Year FY2025 Performance | Metric | FY2025 | YoY Change | Organic Revenue Change | | :--- | :--- | :--- | :--- | | Revenue | $6.23 billion | -9.1% | -8.2% | | Segment Profit | $451 million | +4.2% | - | | Segment Profit Margin | 7.2% | - | - | | Book-to-Bill Ratio | 1.03x | vs. 0.86x in FY24 | - | [Financial Outlook](index=2&type=section&id=Financial%20Outlook) DXC projects continued organic revenue declines for Q1 and full-year FY2026, with full-year guidance including a 3.0-5.0% organic decline, 7.0-8.0% adjusted EBIT margin, and $600 million free cash flow [First Quarter (Q1) FY2026 Guidance](index=2&type=section&id=First%20Quarter%20%28Q1%29%20FY2026%20Guidance) Q1 FY2026 guidance anticipates total revenue of $3.04-$3.09 billion, an organic decline of 4.0-5.5%, adjusted EBIT margin of 6.0-7.0%, and non-GAAP diluted EPS of $0.55-$0.65 Q1 FY2026 Guidance | Metric | Guidance Range | | :--- | :--- | | Total Revenue | $3.04B - $3.09B | | Organic Revenue Decline (YoY) | (5.5)% to (4.0)% | | Adjusted EBIT Margin | 6.0% to 7.0% | | Non-GAAP Diluted EPS | $0.55 to $0.65 | [Full Year (FY) FY2026 Guidance](index=2&type=section&id=Full%20Year%20%28FY%29%20FY2026%20Guidance) Full-year FY2026 guidance projects total revenue of $12.18-$12.44 billion, an organic decline of 3.0-5.0%, adjusted EBIT margin of 7.0-8.0%, non-GAAP diluted EPS of $2.75-$3.25, and approximately $600 million free cash flow Full Year FY2026 Guidance | Metric | Guidance Range | | :--- | :--- | | Total Revenue | $12.18B - $12.44B | | Organic Revenue Decline (YoY) | (5.0)% to (3.0)% | | Adjusted EBIT Margin | 7.0% to 8.0% | | Non-GAAP Diluted EPS | $2.75 to $3.25 | | Free Cash Flow | ~$600 million | [Consolidated Financial Statements (Preliminary and Unaudited)](index=7&type=section&id=Consolidated%20Financial%20Statements%20%28Preliminary%20and%20Unaudited%29) Preliminary FY2025 consolidated statements show total revenues of $12.87 billion, net income of $389 million, increased cash, and reduced total assets and liabilities [Statements of Operations](index=7&type=section&id=Statements%20of%20Operations) FY2025 revenues were $12.87 billion, with income before taxes rising to $630 million and net income attributable to DXC increasing to $389 million, resulting in diluted EPS of $2.10 Fiscal Year Statement of Operations Highlights (in millions, except EPS) | Metric | FY2025 | FY2024 | | :--- | :--- | :--- | | Revenues | $12,871 | $13,667 | | Income before income taxes | $630 | $109 | | Net income attributable to DXC | $389 | $91 | | Diluted EPS | $2.10 | $0.46 | [Balance Sheet](index=8&type=section&id=Balance%20Sheet) As of March 31, 2025, total assets were $13.21 billion, cash and equivalents increased to $1.80 billion, total liabilities decreased to $9.72 billion, and total equity rose to $3.49 billion Balance Sheet Highlights (in millions) | Metric | March 31, 2025 | March 31, 2024 | | :--- | :--- | :--- | | Cash and cash equivalents | $1,796 | $1,224 | | Total Assets | $13,205 | $13,871 | | Total Liabilities | $9,715 | $10,805 | | Total Equity | $3,490 | $3,066 | [Statements of Cash Flows](index=9&type=section&id=Statements%20of%20Cash%20Flows) FY2025 net cash from operations was $1.40 billion, with net cash used in investing at $512 million and financing at $317 million, leading to a $572 million net increase in cash Fiscal Year Cash Flow Highlights (in millions) | Metric | FY2025 | FY2024 | | :--- | :--- | :--- | | Net cash provided by operating activities | $1,398 | $1,361 | | Net cash used in investing activities | ($512) | ($491) | | Net cash used in financing activities | ($317) | ($1,487) | | Net increase (decrease) in cash | $572 | ($634) | [Supplemental Financial Information](index=10&type=section&id=Supplemental%20Financial%20Information) This section details non-GAAP reconciliations, segment profit, organic revenue growth, EBIT to Adjusted EBIT, and revenue by offering, showing FY2025 Adjusted EBIT of $1.019 billion and a 4.6% organic revenue decline [Segment Profit](index=10&type=section&id=Segment%20Profit) For FY2025, GBS segment profit was $797 million (12.0% margin) and GIS segment profit was $451 million (7.2% margin), with reconciliation to GAAP income before taxes - Segment profit is defined as segment revenues less costs of services, SG&A, and depreciation & amortization. Certain corporate-level costs like stock-based compensation, restructuring, and amortization of acquired intangibles are not allocated to the segments[29](index=29&type=chunk) Segment Profit Summary (in millions) | Segment | FY2025 Profit | FY2024 Profit | FY2025 Margin | FY2024 Margin | | :--- | :--- | :--- | :--- | :--- | | GBS | $797 | $835 | 12.0% | 12.2% | | GIS | $451 | $433 | 7.2% | 6.3% | [Reconciliation of Non-GAAP Financial Measures](index=11&type=section&id=Reconciliation%20of%20Non-GAAP%20Financial%20Measures) Detailed reconciliations show FY2025 GAAP net income of $389 million adjusted to $634 million non-GAAP net income, resulting in GAAP diluted EPS of $2.10 and non-GAAP diluted EPS of $3.43 - Key non-GAAP adjustments include **restructuring costs**, **amortization of acquired intangible assets**, **pension actuarial gains/losses**, and **gains/losses on dispositions**[33](index=33&type=chunk) FY2025 GAAP to Non-GAAP EPS Reconciliation | Metric | Amount ($) | | :--- | :--- | | **As Reported Diluted EPS (GAAP)** | **$2.10** | | Restructuring Costs | $0.65 | | Amortization of Acquired Intangible Assets | $1.47 | | Pension and OPEB Actuarial and Settlement Gains | ($0.89) | | Other Adjustments (net) | $0.10 | | **Non-GAAP Diluted EPS** | **$3.43** | [Year-over-Year Organic Revenue Growth](index=14&type=section&id=Year-over-Year%20Organic%20Revenue%20Growth) FY2025 total organic revenue declined 4.6%, with GBS organic revenue declining 1.0% and GIS organic revenue decline moderating to 8.2% Organic Revenue Growth Comparison | Segment | FY2025 | FY2024 | | :--- | :--- | :--- | | Total Organic Revenue Growth | (4.6)% | (4.1)% | | GBS Organic Revenue Growth | (1.0)% | 1.4% | | GIS Organic Revenue Growth | (8.2)% | (9.3)% | [EBIT and Adjusted EBIT](index=15&type=section&id=EBIT%20and%20Adjusted%20EBIT) FY2025 EBIT significantly improved to $696 million (5.4% margin), with Adjusted EBIT reaching $1.019 billion (7.9% margin) EBIT and Adjusted EBIT Comparison (in millions) | Metric | FY2025 | FY2024 | | :--- | :--- | :--- | | EBIT | $696 | $193 | | EBIT Margin | 5.4% | 1.4% | | Adjusted EBIT | $1,019 | $1,009 | | Adjusted EBIT Margin | 7.9% | 7.4% | [Offerings Details](index=16&type=section&id=Offerings%20Details) Q4 FY25 revenue by offering shows Consulting & Engineering Services as the largest contributor at $1.237 billion, followed by Cloud, ITO & Security at $1.180 billion Q4 FY25 Revenue by Offering (in millions) | Offering | Q4 FY25 Revenue | | :--- | :--- | | Consulting & Engineering Services | $1,237 | | Cloud, ITO & Security | $1,180 | | Insurance Software & BPS | $393 | | Modern Workplace | $359 | | **Subtotal** | **$3,169** | [Other Information](index=3&type=section&id=Other%20Information) This section provides corporate overview, forward-looking statements, and explanations of non-GAAP measures used to clarify core operating performance for investors - DXC Technology uses non-GAAP measures such as **EBIT**, **adjusted EBIT**, **organic revenue**, and **free cash flow** to provide investors with supplemental information, excluding items like amortization of acquired intangibles and restructuring costs to better reflect core operating performance[17](index=17&type=chunk)[18](index=18&type=chunk)[22](index=22&type=chunk) - The report contains forward-looking statements regarding future performance, which are subject to numerous risks and uncertainties, including the inability to succeed in strategic objectives, security breaches, and adverse macroeconomic conditions[15](index=15&type=chunk)

Core Insights - DXC Technology has launched DXC Complete with SAP and Microsoft to facilitate modernization for SAP customers, providing a streamlined approach to adopting RISE with SAP and GROW with SAP journeys on Microsoft Azure [1][2][3] - The offering includes flexible pricing models and a single contract, enabling enterprises to optimize operations and achieve sustainable growth through transformation to SAP S/4HANA Cloud [1][3] Company Overview - DXC Technology is recognized as a leading global technology services provider, helping businesses modernize IT and optimize data architectures while ensuring security and scalability across various cloud environments [7] - The company has a global team of over 50,000 engineers and consultants, delivering tailored SAP solutions that address industry-specific challenges and drive measurable results [6] Collaboration Highlights - The collaboration between DXC, SAP, and Microsoft aims to simplify technology landscapes, reduce technical debt, and accelerate innovation for clients [2][3] - Microsoft Azure integration with SAP Business AI enhances intelligent automation, predictive insights, and streamlined processes, creating a more connected enterprise [6] Awards and Recognition - DXC Technology has been named a 2025 SAP Pinnacle Awards Winner in the "Partner Learning and Skills Growth" category, highlighting its excellence in co-innovation and customer success [4]