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  • Irs Tax Dispute Exposure (worsened) — The IRS's sought cash tax payment increased from $477M to $511M, with total exposure now $664M and a Tax Court decision pending.
NYSE: DXC DXC Technology Co 10-Q

DXC Q1 revenue falls 5.1% to $3.00B, but TCS award lifts net income to $122.0M

Filed July 31, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 1, 2025 · ~1 min read

Key Changes

  • high

    Revenue declined 5.1% to $3.0B, with organic decline worsening to 6.7%; adjusted EBIT fell 30.6% to $150M and margin compressed to 5.0%.

    MD&A: Results verify on EDGAR →
  • high

    Net income jumped 662.5% to $122M and diluted EPS to $0.73, driven by a $214M TCS litigation award and lower share count, not operations.

    MD&A: Results verify on EDGAR →
  • high

    Global Infrastructure Services segment profit fell 60.8% to $38M, with margin dropping to 2.6% from 6.1%.

    MD&A: Segments verify on EDGAR →

2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 3, 2026 · How we verify