For the quarter ending 2026-03-31, CNDT had $8M increase in cash & cash equivalents over the period. -$17M in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Amortization of debt financing costs | - | 0 | 0 | 1 |
| Loss on extinguishment of debt | - | 0 | -1 | 0 |
| (gain) loss on divestitures and sales of fixed assets, net | - | - | 0 | -2 |
| Net income (loss) | -33 | -33 | -46 | -91 |
| Depreciation and amortization | 47 | 50 | 48 | 96 |
| Contract inducement amortization | - | 3 | - | - |
| Goodwill impairment | - | 0 | - | - |
| Contract inducement amortization | -1 | - | 1 | 1 |
| (gain) loss on divestitures and sales of fixed assets, net | - | -2 | - | - |
| Deferred income taxes | -2 | -19 | 4 | -7 |
| Stock-based compensation | 0 | 6 | 5 | 8 |
| Accounts receivable | 1 | 12 | 30 | -44 |
| Other current and long-term assets | 26 | -68 | 32 | 69 |
| Accounts payable and accrued compensation and benefits costs | -1 | 5 | 20 | -37 |
| Other current and long-term liabilities | 2 | -43 | -8 | -9 |
| Net change in income tax assets and liabilities | 5 | 16 | -2 | -12 |
| Net cash provided by (used in) operating activities | -8 | 39 | -39 | -73 |
| Cost of additions to land, buildings and equipment | 9 | 15 | 15 | 29 |
| Cost of additions to internal use software | 5 | 7 | 6 | 9 |
| Proceeds from divestitures | 0 | 0 | 0 | 53 |
| Net cash provided by (used in) investing activities | -14 | -22 | -21 | 15 |
| Proceeds from revolving credit facility | 60 | 0 | 134 | 125 |
| Proceeds from the issuance of debt | - | - | 0 | 4 |
| Proceeds from the issuance of debt, net | - | 5 | - | - |
| Payments of debt issuance costs | - | 1 | 3 | - |
| Payments of revolving credit facility | 25 | 25 | 0 | 125 |
| Repurchase of noncontrolling interest | - | - | 0 | 5 |
| Payments of debt | 5 | 4 | 86 | 15 |
| Treasury stock purchases | - | 5 | 13 | 7 |
| Excise tax payment on treasury stock purchases | - | 0 | 0 | 2 |
| Taxes paid for settlement of stock-based compensation | - | 2 | 0 | 0 |
| Dividends paid on preferred stock | 0 | 3 | 2 | 5 |
| (repurchase of) contribution from noncontrolling interest | - | -5 | - | - |
| Net cash provided by (used in) financing activities | 30 | -39 | 30 | -30 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 0 | 1 | 0 | 5 |
| Increase (decrease) in cash, cash equivalents and restricted cash | 8 | -21 | -30 | -83 |
| Cash, cash equivalents and restricted cash at beginning of period | 243 | 264 | 377 | - |
| Cash, cash equivalents and restricted cash at end of period | 251 | 243 | 264 | - |
CONDUENT Inc (CNDT)
CONDUENT Inc (CNDT)