ET 18:07

DXC Technology Q3 Profit Rises as Cost Cuts Take Hold

IMP6.0
SNT+0.8
CONF100%
Earnings

DXC Technology (DXC) reports higher third-quarter net income for the period ended January 31, 2026, driven by ongoing cost optimization and improved operational efficiency. Net income rose to $185 million, or $0.72 per diluted share, up from $142 million, or $0.55 per share, in the year-ago quarter. Revenue declined 4% year-over-year to $3.72 billion, reflecting portfolio streamlining, but beat analyst expectations by $40 million. The company reaffirmed its full-year adjusted EPS guidance of $2.90$3.20. CEO Mike Salvino stated, “Our disciplined execution is delivering consistent financial improvement.” DXC has reduced its global workforce by 12% over the past year and exited non-core contracts, contributing to a 210-basis-point expansion in operating margin.

EditorThomas Ho