DXC Technology has announced its results for the first quarter of fiscal 2026. The company beat its expectations, particularly in earnings per share and bookings, but total revenue declined year-over-year.
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DXC Technology has announced its results for the first quarter of fiscal 2026. The company beat its expectations, particularly in earnings per share and bookings, but total revenue declined year-over-year.
Total revenues reached $3.16 billion, a decrease of 2.4% compared to the previous year. Adjusted earnings per share (non-GAAP diluted EPS) were $0.68, which was higher than forecast. Bookings increased significantly by 14% to $2.8 billion.
“We delivered first quarter results at the high end of our guidance for both organic revenue growth and adjusted EBIT margin, with non-GAAP EPS exceeding expectations. For the third straight quarter, we reported double digit bookings growth, a clear sign we are connecting better with clients,” said DXC Technology President and CEO, Raul Fernandez. “We’re embedding AI across our solutions and combining it with our full-stack expertise to help clients unlock insights and drive outcomes. With a strong foundation in place, we’re confident in our direction.”
Despite the revenue decline, the company reposed confidence in the future and raised its adjusted earnings per share forecast for the full fiscal year 2026 to a range of $2.85 to $3.35. The company also repurchased $50 million of its own shares during the quarter.
