DXC Technology Company (0I6U.L) Q1 2026 Earnings Report

In Q1 2026, DXC Technology Company reported revenues of $3.159 billion, reflecting a slight decline of 0.32% from the previous quarter and a year-over-year decrease of 2.38%. The company faced significant profitability challenges, evident in its net income which plummeted to $16 million, representing a staggering 93.94% decrease quarter-over-quarter and a 38.46% drop compared to the same quarter last year. Management attributes these downturns to ongoing competitive pressures and challenges in retaining key customer contracts. Moreover, the earnings call emphasized DXC's strategic response to market pressures, focusing on cost management and operational efficiency initiatives. Despite these efforts, the overall outlook remains cautious as the company navigates a transitioning landscape in the ICT sector, which will require agility and innovation to regain momentum in revenue growth and profitability.