Conduent Incorporated (CNDT) Stock Falls on Q1 2026 Earnings

Conduent Incorporated (CNDT) reported first-quarter 2026 results with revenue of $723 million, down 3.7% year-over-year and below the consensus revenue estimate of $761.6 million. Gross profit improved to $136 million, up 2.3% year-over-year.

Operating profit: -$15 million (down 62.5% year-over-year).

Net income attributable to common shareholders: -$33 million (down 35.3% year-over-year).

Diluted earnings per share: -0.23 (improved 76.9% year-over-year; consensus was -0.19).

Cash from operating activities: -$8 million (down 86.2% year-over-year).

Cash and cash equivalents: $228 million (down 17.7% year-over-year).

Other notable items include:

Cost of sales: $587 million (down 5.0% year-over-year).

Purchases of property, plant and equipment: -$9 million (down 35.7% year-over-year).

Total liabilities: $1.61 billion (up 1.5% year-over-year).

The company missed both the top- and bottom-line expectations for the quarter. Shares were down about -3.1% since market open on the day of the release.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Conduent Incorporated Insider Trading Activity

Conduent Incorporated insiders have traded $CNDT stock on the open market 5 times in the past 6 months. Of those trades, 5 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $CNDT stock by insiders over the last 6 months:

HARSHAVARDHAN V AGADI (Chief Executive Officer) has made 3 purchases buying 337,099 shares for an estimated $496,628 and 0 sales.
MICHAEL FUCCI purchased 60,000 shares for an estimated $86,580
HERNANDEZ MARGARITA PALAU purchased 50,000 shares for an estimated $72,650

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

Conduent Incorporated Hedge Fund Activity

We have seen 75 institutional investors add shares of Conduent Incorporated stock to their portfolio, and 113 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CHARLES SCHWAB INVESTMENT MANAGEMENT INC added 1,854,266 shares (+35.2%) to their portfolio in Q4 2025, for an estimated $3,560,190
MILLER VALUE PARTNERS, LLC added 1,552,560 shares (+38.5%) to their portfolio in Q4 2025, for an estimated $2,980,915
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 1,340,618 shares (-71.0%) from their portfolio in Q4 2025, for an estimated $2,573,986
ANCORA ADVISORS LLC removed 1,269,440 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $2,437,324
POTOMAC CAPITAL MANAGEMENT, INC. added 1,040,309 shares (+205.9%) to their portfolio in Q4 2025, for an estimated $1,997,393
ARMISTICE CAPITAL, LLC added 742,000 shares (+88.8%) to their portfolio in Q4 2025, for an estimated $1,424,640
NEUBERGER BERMAN GROUP LLC removed 700,542 shares (-4.6%) from their portfolio in Q4 2025, for an estimated $1,345,040

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

Conduent Incorporated Government Contracts

We have seen $22,019,319 of award payments to $CNDT over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

PHARMACY BILL PROCESSING SERVICES: $11,089,449
CALL ORDER FOR NATIONAL SCANNING SERVICES FROM 6/1/2025 THROUGH 5/31/2026: $7,592,336
UNITES STATES DEPARTMENT OF AGRICULTURE ENTERPRISE-WIDE MANAGED PRINT SERVICES. IGF::OT::IGF: $1,837,533
CALL ORDER FOR THE OFFICE OF HEARINGS OPERATIONS MAIL AND FOLDER SCANNING SERVICES FROM 6/1/2025 THROUGH 5/...: $1,499,999

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.