0001677703-26-000091
SEC filingConduent Q2 2026营收下滑、亏损扩大，但资产剥离与成本削减推进转型。
| 指标 | 本期 | 去年同期 | 同比 |
|---|---|---|---|
| Revenue | $531M | $603M | (11.9)% |
| Net Income (Loss) | $(116)M | $(40)M | (190.0)% |
| Diluted EPS (GAAP) | $(0.46) | $(0.27) | $(0.19) |
| Adjusted EBITDA from Continuing Operations | $16M | $23M | (30.4)% |
| Adjusted EBITDA Margin from Continuing Operations | 3.0% | 3.8% | -80 bps |
| Income (Loss) Before Income Taxes from Continuing Operations | $(57)M | $(43)M | (32.6)% |
| Adjusted Diluted EPS from Continuing Operations | $(0.18) | $(0.16) | $(0.02) |
| Cash Flow from Operating Activities | $7M | $(15)M | 146.7% |
| Adjusted Free Cash Flow | $(8)M | $(30)M | 73.3% |
| 期间 | 指标 | 指引 | 口径 |
|---|---|---|---|
| FY 2026 | Revenue | $2,150M - $2,250M | N/A |
| FY 2026 | Adj. EBITDA from Continuing Operations | $140M - $170M | Non-GAAP |
简评
Conduent 第二季度营收同比下滑 11.9% 至 $531M，GAAP 净亏损扩大至 $(116)M，主要受持续经营业务税前亏损 $(57)M 拖累，其中包含与转型计划相关的更高重组成本。调整后 EBITDA 为 $16M，利润率 3.0%，同比下降 80 个基点，管理层明确归因于 Government 部门盈利能力下降。经营现金流同比改善 $22M 至 $7M，得益于政府及前运输业务长期项目的有利营运资本结果。
本季度战略重点是组合重塑：签署出售 Public Transit（$164M）与 Tolling（$70M 加 7% Quarterhill 股权）协议，预计总收益约 $234M，超出此前承诺的至少 $200M 资产组合行动目标，CEO 表示大部分收益将用于降债并强化资产负债表。全年指引维持营收 $2,150M-$2,250M、调整后 EBITDA $140M-$170M，反映转型尚未完全体现于财务结果，但管理层对约 $100M 年化成本节约计划及新业务管道增长（ACV $99M）表示信心。