DXC Technology reported third quarter revenue of $3.19 billion, a 1.0% year-over-year decline (4.3% on an organic basis). GAAP EBIT rose 22.6% to $179 million, representing a 5.6% margin, while adjusted EBIT decreased 8.0% to $263 million, or an 8.2% margin. Non-GAAP diluted EPS was $0.96, up 4.3% year-over-year, and GAAP diluted EPS rose 96.8% to $0.61, reflecting strong operational leverage and cost discipline despite revenue headwinds.

Consulting and Engineering Services generated $1.266 billion in revenue (down 0.1% year-over-year; down 3.6% organically) with segment profit of $144 million (11.4% margin). Global Infrastructure Services reported $1.607 billion (down 2.7% year-over-year; down 6.2% organically) with profit of $113 million (7.0% margin). The Insurance Services business achieved $321 million in revenue (up 4.6% year-over-year; up 3.2% organically) and profit of $35 million (10.9% margin). Book-to-bill ratios stood at 1.20x, 1.09x and 0.93x, respectively.

Operating cash flow for the quarter was $414 million, and free cash flow reached $266 million, contributing to year-to-date free cash flow of $603 million, a 4.7% increase over the prior year. DXC repurchased $65 million of its shares (approximately 4.5 million shares) and redeemed $300 million of senior notes due September 2026, underscoring its commitment to disciplined capital allocation and balance-sheet strength.

For the fourth quarter, DXC expects revenue between $3.16 billion and $3.19 billion (4.0%–5.0% year-over-year decline on an organic basis), adjusted EBIT margin of 6.5%–7.5%, and non-GAAP EPS of $0.65–$0.75. Full-year guidance projects revenue of roughly $12.69 billion (4.3% organic decline), adjusted EBIT margin of approximately 7.5%, non-GAAP EPS near $3.15 and free cash flow of about $650 million.