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11 DXC Public © 2026 DXC Technology Company. All rights reserved. DXC Public © 2026 DXC Technology Company. All rights reserved. 3RD QUARTER FISCAL YEAR 2026 EARNINGS PRESENTATION JANUARY 29, 2026
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22 DXC Public © 2026 DXC Technology Company. All rights reserved. DXC Public © 2026 DXC Technology Company. All rights reserved. AGENDA 1 2 3 Q3 Business Update Detailed Review of Q3 Results and Guidance Update Q&A
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33 DXC Public © 2026 DXC Technology Company. All rights reserved. FORWARD-LOOKING STATEMENTS Except for the historical information and discussions contained herein, statements contained in this document may constitute “forward-looking statements” that are based on the Company’s current assumptions regarding future operating or financial performance. These statements involve numerous risks, uncertainties and other important factors that could cause actual results to differ materially from those described in forward-looking statements, many of which are outside of our control, and include, but are not limited to: our inability to succeed in our strategic objectives; the risk of liability, reputational damages or adverse impact to business due to service interruptions from security breaches, cyber-attacks, other security incidents or disclosure of confidential information or personal data; compliance, or failure to comply, with obligations arising under new or existing laws, regulations, and customer contracts relating to the privacy, security and handling of personal data; our product and service quality issues; our inability to develop and expand our service offerings to address emerging business demands and technological trends, including our inability to sell differentiated services amongst our offerings and the competitive pressures faced by our business; our inability to compete in certain markets and expand our capacity in certain offshore locations; failure to maintain our credit rating and ability to manage working capital, refinance and raise additional capital for future needs; difficulty in understanding the changes to our business model by the investment community or industry analysts or our failure to meet our publicly announced financial guidance; public health crises; our indebtedness and potential material adverse effect on our financial condition and results of operations; our inability to accurately estimate the cost of services, and the completion timeline of contracts; failure by us or third party partners to deliver on commitments or otherwise breach obligations to our customers; the risks associated with climate change and natural disasters; increased scrutiny of, and evolving expectations for, sustainability and environmental, social and governance initiatives; our inability to attract and retain key personnel and maintain relationships with key partners; the risks associated with prolonged periods of inflation or adverse changes in macroeconomic conditions; the risks associated with our international operations, such as risks related to currency exchange rates; our inability to comply with existing and new laws and regulations, including social and environmental responsibility regulations, policies and provisions; our inability to achieve the expected benefits of our restructuring plans; our inadvertent infringement of third-party intellectual property rights or infringement of our intellectual property rights by third parties; our inability to procure third-party licenses required for the operation of our products and service offerings; risks associated with disruption of our supply chain or increases in procurement costs, including as a result of ongoing trade tensions and tariff changes; our inability to maintain effective disclosure controls and internal control over financial reporting; potential losses due to asset impairment charges; our inability to pay dividends or repurchase shares of our common stock; pending investigations, claims and disputes and any adverse impact on our profitability and liquidity; disruptions in the credit markets, including disruptions that reduce our customers’ access to credit and increase the costs to our customers of obtaining credit; counterparty default risk in our hedging program; our failure to bid on projects effectively; financial difficulties of our customers and our inability to collect receivables; our inability to maintain and grow our customer relationships over time and to comply with customer contracts or government contracting regulations or requirements; our inability to succeed in our strategic transactions; changes in tax rates, tax laws, and the timing and outcome of tax examinations; risks related to our completed strategic transactions; volatility of the price of our securities, which is subject to market and other conditions. For a written description of these factors, see our Annual Report on Form 10-K for the fiscal year ended March 31, 2025, and any updating information in subsequent SEC filings. Any forward-looking statement contained herein speaks only as of the date on which it is made. Except as required by law, we assume no obligation to update or revise any forward-looking statements.
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44 DXC Public © 2026 DXC Technology Company. All rights reserved. NON-GAAP FINANCIAL MEASURES We present Non-GAAP financial measures which are derived from the statements of operations, cash flow and balance sheets of DXC. These Non-GAAP financial measures include earnings before interest and taxes (“EBIT”), adjusted EBIT, adjusted EBIT excluding pension income, adjusted EBIT margin, adjusted EBIT margin excluding pension income, adjusted earnings before interest, taxes, depreciation and amortization (“adjusted EBITDA”), Non-GAAP income from continuing operations before income taxes, Non-GAAP net income attributable to DXC and Non-GAAP basic and diluted EPS, organic revenue growth, constant currency revenue, free cash flow, Non-GAAP cost of services, Non-GAAP SG&A expense, Non-GAAP depreciation and amortization, Non-GAAP gross profit, Non-GAAP tax rate, Non-GAAP income tax expense, Non-GAAP other income, and Net Debt/adjusted EBITDA. We believe EBIT, adjusted EBIT, Non-GAAP income before income taxes, Non-GAAP net income, Non-GAAP net income attributable to DXC common stockholders, and Non-GAAP EPS provide investors with useful supplemental information about our operating performance after excluding certain categories of expenses as well as gains and losses on certain dispositions and certain tax adjustments. We believe constant currency revenues provide investors with useful supplemental information about our revenues after excluding the effect of currency exchange rate fluctuations for currencies other than U.S. dollars in the periods presented. See below for a description of the methodology we use to present constant currency revenues. One category of expenses excluded from adjusted EBIT, Non-GAAP income before income tax, Non-GAAP net income, Non-GAAP net income attributable to DXC common stockholders, and Non-GAAP EPS, incremental amortization of intangible assets acquired through business combinations, if included, may result in a significant difference in period-over-period amortization expense on a GAAP basis. We exclude amortization of certain acquired intangible assets as these non-cash amounts are inconsistent in amount and frequency and are significantly impacted by the timing and/or size of acquisitions. Although DXC management excludes amortization of acquired intangible assets, primarily customer-related intangible assets, from its Non-GAAP expenses, we believe that it is important for investors to understand that such intangible assets were recorded as part of purchase accounting and support revenue generation. Any future transactions may result in a change to the acquired intangible asset balances and associated amortization expense. Another category of expenses excluded from adjusted EBIT, Non-GAAP income before income tax, Non-GAAP net income, Non-GAAP net income attributable to DXC common stockholders, and Non-GAAP EPS is impairment losses, which, if included, may result in a significant difference in period-over-period expense on a GAAP basis. We exclude impairment losses as these non-cash amounts reflect generally an acceleration of what would be multiple periods of expense and are not expected to occur frequently. Further, assets such as goodwill may be significantly impacted by market conditions outside of management’s control. Selected references are made to revenue growth on an “organic basis” so that certain financial results can be viewed without the impact of fluctuations in foreign currency rates and without the impacts of acquisitions and divestitures, thereby providing comparisons of operating performance from period to period of the business that we have owned during both periods presented. Organic revenue growth is calculated by dividing the year- over-year change in GAAP revenues attributed to organic growth by the GAAP revenues reported in the prior comparable period. Organic revenue is calculated as constant currency revenue excluding the impact of mergers, acquisitions or similar transactions until the one-year anniversary of the transaction and excluding revenues of divestitures during the reporting period. This approach is used for all results where the functional currency is not the U.S. dollar. We believe organic revenue growth provides investors with useful supplemental information about our revenues after excluding the effect of currency exchange rate fluctuations for currencies other than U.S. dollars and the effects of acquisitions and divestitures in both periods presented. Free cash flow represents cash flow from operations, less capital expenditures. Free cash flow is utilized by our management, investors, and analysts to evaluate cash available to pay debt, repurchase shares, and provide further investment in the business. There are limitations to the use of the Non-GAAP financial measures presented in this report. One of the limitations is that they do not reflect complete financial results. We compensate for this limitation by providing a reconciliation between our Non-GAAP financial measures and the respective most directly comparable financial measure calculated and presented in accordance with GAAP. Additionally, other companies, including companies in our industry, may calculate Non-GAAP financial measures differently than we do, limiting the usefulness of those measures for comparative purposes between companies. Selected references are made on a “constant currency basis” so that certain financial results can be viewed without the impact of fluctuations in foreign currency rates, thereby providing comparisons of operating performance from period to period. Financial results on a “constant currency basis” are Non-GAAP measures calculated by translating current period activity into U.S. dollars using the comparable prior period’s currency conversion rates. This approach is used for all results where the functional currency is not the U.S. dollar. DXC does not provide a reconciliation of Non-GAAP financial measures that it discusses as part of its guidance because certain significant information required for such reconciliation is not available without unreasonable efforts or at all, including, most notably, the impact of significant non-recurring items. Without this information, DXC does not believe that a reconciliation would be meaningful. Explanations of Non-GAAP financial measures used herein are provided later in this document.
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55 DXC Public © 2026 DXC Technology Company. All rights reserved. Our heritage businesses CORE TRACK TWO TRACKS We’re the trusted operator that delivers certainty at scale. Our new AI-fueled businesses are designed to drive exponential growth FAST TRACK We’re investing in what’s new — building new capabilities and revenue engines. This two-track approach combines innovation with decades of proven execution.
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66 DXC Public © 2026 DXC Technology Company. All rights reserved. What We’ve Built What’s Working CORE TRACK PROGRESS • Refreshed brand and clear market story • New sales materials articulating why customers choose DXC • Retooled solution positioning across all practices • High-impact sales enablement team (first centralized function) • Pitch decks, talk tracks and competitive assets • Integrated sales and marketing alignment • Where teams use new tools and lead with differentiated message, customers respond • Early signals: Clarity and confidence resonating in the market • Driving consistent adoption across global sales organization • Simplifying access to materials • Building muscle memory so new approach becomes second nature What’s Next
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77 DXC Public © 2026 DXC Technology Company. All rights reserved. FAST TRACK ATTRIBUTES AI-native, AI-enabled solutions Faster growth Higher margins Repeatable, scalable IP Goal: 10% of our run rate revenue by end of Q2 fiscal 2029
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88 DXC Public © 2026 DXC Technology Company. All rights reserved. AI INNOVATION LAB Transforms promising ideas into working products — fast COREIGNITE High-performance orchestration and ledger platform that unlocks new revenue streams for banks without replacing the core AGENTIC AI SOC AI-powered security solution that transforms SOCs (Security Operations Centers) from reactive to resilient OASIS An intelligent, agentic operations platform purpose-built to consolidate fragmented tooling, enable competitive differentiation and unlock new revenue streams ASSURE PLATFORM & OFFERINGS A suite of AI-powered, workflow- driven modular applications designed to transform how insurers engage with customers, brokers and advisors Startups poised to drive growth FAST TRACK PROGRESS
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99 DXC Public © 2026 DXC Technology Company. All rights reserved. Payment Processors Crypto Custodians Custodians Stablecoin On-/Off-Ramps Tokenized Securities Platforms Crypto ExchangesBNPL & Other Lenders Data Aggregators INTRODUCTION TO COREIGNITE Existing traditional and newer digital assets ecosystem brings new services, transaction volume and revenue flows CoreIgnite 300M+ Deposit Accounts Global Large Banks Community Banks Credit Unions North America Europe Australia Delivering next-gen financial product offerings
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1010 DXC Public © 2026 DXC Technology Company. All rights reserved. INTRODUCTION TO COREIGNITE Growing our strategic partnerships CoreIgnite 300M+ Deposit Accounts Global Large Banks Community Banks Credit Unions North America Europe Australia Delivering next-gen financial product offerings Serving a broad set of financial institutions
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1111 DXC Public © 2026 DXC Technology Company. All rights reserved.© 2026 DXC Technology Company. All rights reserved. DXC Public NEW DXC PARTNERSHIPS MAKING HEADLINES “DXC Partners with Ripple to Empower Global Banks with Scalable Digital Asset Custody and Payments” “XRP Price Nears $2 as Ripple Expands Enterprise Reach to 300 Million Accounts in New Deal” “DXC and Splitit bring instalment payments to bank account holders” “Splitit’s New Partnership Helps Banks Compete on BNPL” “DXC and Splitit Partner to Enable Installment Payments for 300+ Million Bank Account Holders” “Ripple Partners With DXC To Integrate XRP Payments Into $5 Trillion Banking Network” “Splitit, DXC Bring Transactional Credit to Bank Debit Cards” “DXC Partners With Aptys to Modernize US Payments” “Ripple and DXC join forces to provide scalable digital asset custody for global banks” “DXC Announces Strategic Partnership with Euronet to Expand Global Issuing and Payments Capabilities” “DXC links Hogan core banking with Euronet & Ripple” “DXC and Aptys Solutions Partner to Modernize Payments Connectivity for U.S. Financial Institutions” “Ripple Taps Into $5 Trillion Banking Pool with Major Partnership” “DXC partners with Ripple to integrate blockchain into banking systems” “Ripple-Powered Digital Assets Integration Could Be A Game Changer For DXC Technology” “DXC’s Euronet Integration: Helping banks and fintechs speed up the launch of card- issuing and payments offerings” HOGAN
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1212 DXC Public © 2026 DXC Technology Company. All rights reserved. THIRD QUARTER RESULTS Performance Overview (4.3%) (5.0%) – (4.0%) 1.12x 8.2% 7.0% – 8.0% $0.96 $0.75 – $0.85 YOY ORGANIC REVENUE GROWTH* BOOK-TO-BILL ADJUSTED EBIT MARGIN* NON-GAAP DILUTED EPS* Q3 FY26 Guidance * Reconciliation of GAAP to Non-GAAP measures provided in appendix
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1313 DXC Public © 2026 DXC Technology Company. All rights reserved. THIRD QUARTER SEGMENT RESULTS Revenue YoY Organic Revenue Growth* YoY Bookings TTM Book-to-Bill (6%) $1,266M (3.6%) CES GIS Insurance (26%) (6.2%) $1,607M 1.13x 0.99x $321M 3.2% (6%) 0.73x * Reconciliation of GAAP to Non-GAAP measures provided in appendix
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1414 DXC Public © 2026 DXC Technology Company. All rights reserved. FREE CASH FLOW AND CAPITAL STRUCTURE $483 $576 $266 $603 Q3 YTD Strong Free Cash Flow ($M) Q3 FY25 YTD FY25Q3 FY26 YTD FY26 • Refinanced €650M January 2026 bond • Repaid $300M of $700M September 2026 bond • $454M of debt repayments YTD $50 $75 $65 Q1 Q2 Q3Q1 FY26 Q2 FY26 Q3 FY26 Share Repurchases ($M) • $190M of share repurchases YTD $49 $58 $347 Q1 Q2 Q3Q1 FY26 Q2 FY26 Q3 FY26 Debt Repayments ($M)
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1515 DXC Public © 2026 DXC Technology Company. All rights reserved. DEBT MANAGEMENT Since Start of FY25 $4.1 $1.2 $2.9$3.6 $1.7 $1.9 Gross Debt Cash Net Debt Gross Debt ($B) Capital Lease Originations Capital Lease Payments Gross Debt Reduction from Capital Leases $33 $452 $419 Capital Leases ($M): Since Start of FY25 Q4 FY24 Q3 FY26 Q4 FY24 Q3 FY26 Q4 FY24 Q3 FY26 Cash ($B) Net Debt ($B)
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1616 DXC Public © 2026 DXC Technology Company. All rights reserved. Continue to invest in growth Repurchase $60 million of shares in the fourth quarter • Exit FY26 with $1.7 billion cash on hand EXPECTED NEAR-TERM CAPITAL ALLOCATION PRIORITIES Repurchase $250 million of shares in first half of FY27 Retire the remaining $400 million of senior notes due Sept ’27
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1717 DXC Public © 2026 DXC Technology Company. All rights reserved. Q4 FISCAL YEAR 2026 AND FULL FISCAL YEAR 2026 GUIDANCE* Q4 Fiscal Year 2026 Full Fiscal Year 2026 * Reconciliation of GAAP to Non-GAAP measures provided in appendix ~(4.3%) ~7.5% ~$3.15 ~$650M YOY ORGANIC REVENUE GROWTH ADJUSTED EBIT MARGIN NON-GAAP DILUTED EPS FREE CASH FLOW (4.0%) – (5.0%) 6.5% – 7.5% $0.65 – $0.75 YOY ORGANIC REVENUE GROWTH ADJUSTED EBIT MARGIN NON-GAAP DILUTED EPS
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1818 DXC Public © 2026 DXC Technology Company. All rights reserved. DXC Public © 2026 DXC Technology Company. All rights reserved. APPENDIX
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1919 DXC Public © 2026 DXC Technology Company. All rights reserved. YOY ORGANIC REVENUE GROWTH ($M) Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Total FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Total FY25 Q1 FY26 Q2 FY26 Q3 FY26 CES revenue 1,320 1,322 1,313 1,319 5,274 1,281 1,279 1,267 1,235 5,062 1,246 1,255 1,266 YoY CES revenue growth (5.0%) (2.1%) (4.0%) (3.0%) (3.5%) (3.0%) (3.3%) (3.5%) (6.4%) (4.0%) (2.7%) (1.9%) (0.1%) Foreign currency 0.7% (1.6%) (1.5%) 0.5% (0.5%) 1.7% (0.1%) 0.9% 2.1% 1.1% (2.0%) (1.9%) (3.5%) Acquisitions and divestitures 7.2% 5.3% 5.1% 1.7% 4.8% 0.4% 0.0% 0.4% 0.3% 0.3% 0.3% 0.4% 0.0% YoY CES organic revenue growth 2.9% 1.6% (0.4%) (0.8%) 0.8% (0.9%) (3.4%) (2.2%) (4.0%) (2.6%) (4.4%) (3.4%) (3.6%) GIS revenue 1,844 1,824 1,798 1,764 7,230 1,658 1,656 1,651 1,631 6,596 1,600 1,586 1,607 YoY GIS revenue growth (10.4%) (6.6%) (6.7%) (9.1%) (8.2%) (10.1%) (9.2%) (8.2%) (7.5%) (8.8%) (3.5%) (4.2%) (2.7%) Foreign currency 0.7% (2.3%) (2.0%) (0.1%) (0.9%) 1.3% 0.1% 0.8% 2.2% 1.1% (2.2%) (2.1%) (3.5%) Acquisitions and divestitures 0.1% 0.0% (0.0%) 0.1% (0.0%) 0.2% 0.1% 0.2% 0.1% 0.2% (0.0%) 0.0% 0.0% YoY GIS organic revenue growth (9.6%) (8.9%) (8.7%) (9.1%) (9.1%) (8.6%) (9.0%) (7.2%) (5.2%) (7.5%) (5.7%) (6.3%) (6.2%) Insurance revenue 282 290 288 303 1,163 297 306 307 303 1,213 313 320 321 YoY Insurance revenue growth 8.8% 9.9% 6.0% 4.3% 7.2% 5.3% 5.5% 6.6% 0.0% 4.3% 5.4% 4.6% 4.6% Foreign currency 1.0% (1.0%) (0.9%) (0.1%) (0.3%) 0.9% (0.2%) (0.2%) 1.1% 0.4% (1.8%) (1.0%) (1.4%) Acquisitions and divestitures 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% YoY Insurance organic revenue growth 9.8% 8.9% 5.1% 4.2% 6.9% 6.2% 5.3% 6.4% 1.1% 4.7% 3.6% 3.6% 3.2%
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2020 DXC Public © 2026 DXC Technology Company. All rights reserved. ADJUSTED EBIT RECONCILIATION EBIT to Adjusted EBIT ($M) Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Total FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Total FY25 Q1 FY26 Q2 FY26 Q3 FY26 Net income (loss) 42 99 140 (195) 86 25 45 63 263 396 18 40 110 Income tax expense (benefit) 36 29 72 (114) 23 43 48 68 75 234 49 91 61 Interest income (49) (53) (56) (56) (214) (51) (51) (51) (46) (199) (46) (46) (46) Interest expense 66 78 78 76 298 72 69 66 58 265 54 53 54 EBIT (1) 95 153 234 (289) 193 89 111 146 350 696 75 138 179 Restructuring costs 20 35 36 20 111 39 42 43 29 153 37 35 20 Transaction, separation & integration-related costs 1 3 2 1 7 7 15 3 — 25 1 1 — Amortization of acquired intangible assets 89 89 88 88 354 87 89 87 85 348 87 88 87 Merger related indemnification 11 2 2 1 16 — — — 2 2 2 — (34) Impairment losses 3 2 — — 5 — — 12 5 17 14 — — Gains and losses on disposition of businesses 5 (33) (104) 17 (115) — (5) (8) — (13) — (1) — Pension & OPEB actuarial & settlement gains and losses — — — 445 445 — — — (232) (232) — — 11 Gains and losses on real estate and facility sales (6) — (2) 1 (7) 2 27 3 (9) 23 — (7) — Adjusted EBIT (1) 218 251 256 284 1,009 224 279 286 230 1,019 216 254 263 EBIT margin (1) 2.8% 4.5% 6.9% (8.5%) 1.4% 2.8% 3.4% 4.5% 11.0% 5.4% 2.4% 4.4% 5.6% Adjusted EBIT margin (1) 6.3% 7.3% 7.5% 8.4% 7.4% 6.9% 8.6% 8.9% 7.3% 7.9% 6.8% 8.0% 8.2% (1) Defined at end of presentation
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2121 DXC Public © 2026 DXC Technology Company. All rights reserved. Non-GAAP EPS Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Total FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Total FY25 Q1 FY26 Q2 FY26 Q3 FY26 GAAP EPS (diluted) $0.17 $0.49 $0.81 ($1.10) $0.46 $0.14 $0.23 $0.31 $1.43 $2.10 $0.09 $0.20 $0.61 Restructuring costs 0.07 0.13 0.16 0.08 0.44 0.17 0.18 0.18 0.11 0.65 0.15 0.16 0.09 TSI — 0.01 0.01 0.01 0.03 0.03 0.07 0.01 — 0.11 0.01 0.01 — Amortization of acquired intangible assets 0.32 0.34 0.39 0.36 1.40 0.39 0.38 0.37 0.33 1.47 0.36 0.41 0.40 Impairment losses 0.03 0.01 — — 0.04 — — 0.05 0.03 0.09 0.05 — — Merger related indemnification — — 0.01 (0.01) 0.01 — (0.03) — 0.01 (0.02) 0.01 0.01 (0.19) Debt extinguishment costs — — — — — — — — — — — — 0.01 Gains and losses on disposition of businesses 0.02 (0.11) (0.49) 0.13 (0.45) — (0.03) (0.01) (0.01) (0.05) — (0.01) — Gains and losses on real estate and facility sales (0.02) — (0.01) — (0.03) 0.01 0.11 0.01 (0.05) 0.08 — (0.03) — Pension & OPEB actuarial & settlement gains and losses — — — 1.82 1.68 — — — (0.89) (0.89) — — 0.05 Tax adjustment 0.01 (0.17) (0.03) (0.33) (0.49) — 0.03 (0.01) (0.11) (0.09) 0.01 0.09 (0.01) Non-GAAP dilution adjustment — — — 0.01 — — — — — — — — — Non-GAAP EPS (diluted) (1) $0.61 $0.70 $0.86 $0.97 $3.10 $0.75 $0.93 $0.92 $0.84 $3.43 $0.68 $0.84 $0.96 Shares outstanding (diluted) 213.8 203.1 191.9 183.5 198.8 182.9 183.9 184.8 184.8 184.9 185.0 179.2 175.8 NON-GAAP RECONCILIATION — EPS (1) EPS and per-share values of certain items may not sum to Non-GAAP diluted EPS due to rounding
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2222 DXC Public © 2026 DXC Technology Company. All rights reserved. FREE CASH FLOW Free Cash Flow ($M) Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Total FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Total FY25 Q1 FY26 Q2 FY26 Q3 FY26 Cash flows from operating activities 127 248 706 280 1,361 238 195 650 315 1,398 186 409 414 Less capex Purchase of property & equipment (55) (53) (36) (38) (182) (48) (41) (82) (77) (248) (43) (44) (55) Payments for transition & transformation contract costs (62) (48) (49) (39) (198) (38) (35) (33) (29) (135) (30) (28) (27) Software purchased & developed (85) (56) (36) (48) (225) (107) (71) (52) (98) (328) (16) (97) (66) Total capex (202) (157) (121) (125) (605) (193) (147) (167) (204) (711) (89) (169) (148) Free Cash Flow (75) 91 585 155 756 45 48 483 111 687 97 240 266
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2323 DXC Public © 2026 DXC Technology Company. All rights reserved. NON-GAAP AND OTHER DEFINITIONS Our Non-GAAP and other definitions include: • Segment profit: Segment revenue less costs of services, selling, general and administrative, depreciation and amortization, and other segment items. The company does not allocate to its segments certain operating expenses managed at the corporate level. These unallocated expenses generally include certain corporate function costs, pension and other post-retirement benefit (“OPEB”) actuarial and settlement gains and losses, restructuring costs, transaction, separation, and integration-related costs, amortization of acquired intangible assets, impairment losses, gains/(losses) on dispositions of businesses, gains/(losses) on real estate and facility sales, and other costs that do not reflect ongoing segment operating performance • Segment profit margin: Segment profit as a percentage of segment revenue • Earnings before interest and taxes (EBIT): Net income (loss) less income from discontinued operations, net of taxes, interest expense, interest income, and income tax expense (benefit) • Earnings before interest, taxes, depreciation and amortization (EBITDA): Net income (loss) less income from discontinued operations, net of taxes, interest expense, interest income, income tax expense (benefit), depreciation, and amortization • EBIT margin: EBIT as a percentage of revenue • Adjusted EBIT: EBIT excluding Non-GAAP adjustments (e.g., restructuring costs, amortization expense related to acquired intangible assets, and others — refer to next slide for definitions) • Adjusted EBIT margin: Adjusted EBIT as a percentage of revenue • Free cash flow: Cash flows from operating activities excluding capital expenditures for property, plant and equipment, transition and transformation contract costs, and software purchased and developed • Organic revenue: Excludes the impacts of acquisitions and divestitures from financial results on a constant currency basis • Organic revenue growth: Calculated by dividing the current period change in organic revenues by GAAP revenues reported in the prior comparable period • Non-GAAP gross profit: Revenue less Non-GAAP cost of sales • Non-GAAP gross profit margin: Non-GAAP gross profit as a percentage of revenue • Net debt: Short-term debt plus long-term debt, less cash and cash equivalents
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2424 DXC Public © 2026 DXC Technology Company. All rights reserved. NON-GAAP ADJUSTMENTS Our Non-GAAP adjustments include: • Restructuring costs: Includes costs, net of reversals, related to workforce and real estate optimization and other similar charges. • Transaction, separation and integration-related (“TSI”) costs: Includes third party costs related to integration, separation, planning, financing and advisory fees and other similar charges associated with mergers, acquisitions, strategic investments, joint ventures, and dispositions and other similar transactions incurred within one year of such transactions closing, except for costs associated with related disputes, which may arise more than one year after closing. • Amortization of acquired intangible assets: Includes amortization of intangible assets acquired through business combinations. • Pension and OPEB actuarial and settlement gains and losses: Pension and OPEB actuarial mark to market adjustments and settlement gains and losses. • Merger related indemnification: Represents the company’s estimate of potential net liability for tax related indemnifications. • Gains and losses on dispositions: Gains and losses related to dispositions of businesses, strategic assets and interests in less than wholly-owned entities. • Gains and losses on real estate and facility sales: Gains and losses related to dispositions of real property. • Impairment losses: Non-cash charges associated with the permanent reduction in the value of the company’s assets (e.g., impairment of goodwill and other long- term assets including fixed assets and impairments to deferred tax assets for discrete changes in valuation allowances). Future discrete reversals of valuation allowances are likewise excluded. • Debt extinguishment costs: Costs associated with early retirement, redemption, repayment or repurchase of debt and debt-like items including any breakage, make-whole premium, prepayment penalty or similar costs as well as solicitation and other legal and advisory expenses. • Tax adjustments: Reflects discrete tax adjustments to impair or recognize certain deferred tax assets, adjustments for changes in tax legislation, and adjustments to transition tax. Income tax expense/(benefit) from the impact of mergers and divestitures is separately computed based on the underlying transaction. Income tax expense of all other (non-discrete) Non-GAAP adjustments is computed by applying the jurisdictional tax rate to the pre-tax adjustments on a jurisdictional basis.
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2525 DXC Public © 2026 DXC Technology Company. All rights reserved. DXC Public © 2026 DXC Technology Company. All rights reserved.