Conduent Q3 revenue falls 11.7% to $534 million; adjusted EBITDA rises 16.1%
Conduent reported third quarter 2026 results with revenue of $534 million, down from $605 million a year earlier, while adjusted EBITDA from continuing operations rose to $36 million from $31 million. GAAP net loss from continuing operations was $(40) million, compared with $(42) million a year earlier, and GAAP diluted EPS from continuing operations was $(0.27) in both periods. The company reaffirmed its full-year 2026 outlook of $2.15 billion to $2.25 billion in revenue and $140 million to $170 million in adjusted EBITDA.
Key points
- Q3 2026 revenue was $534 million versus $605 million in Q3 2025, an 11.7% decline.
- Adjusted EBITDA margin was 6.7%, up 160 basis points from 5.1%; the company identified $106 million of a $120 million cost-savings target.
- Completed the sale of its Public Transit business to Modaxo for $164 million; the Tolling business sale is expected to close by year-end.
- Completed $447 million in revolving credit commitments maturing in May 2029; Q3 operating cash flow was $(107) million versus $(39) million a year earlier.
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.