DXC FY 2022 Earnings Report — DXC Technology Company Revenue & Financial Results | Market Cap Arena

DXC Technology CompanyDXC

FY 2022 Earnings

Reported May 25, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2022	Prior Q	FY 2021	QoQ Change	YoY Change
Revenue	$16.3B	—	—	—	—
Op. Income	$1.1B	—	—	—	—
Gross Margin	22.0%	—	—	—	—
Net Margin	4.4%	—	—	—	—
EPS (Diluted)	$2.81	—	—	—	—
Free Cash Flow	$1.2B	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$16.3B
Cost of Revenue	$12.7B
GROSS PROFIT	$3.6B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$724M
SG&A Expenses	$724M
Other Expenses	$1.7B
Operating Expenses	$2.4B
Cost & Expenses	$15.1B
OPERATING INCOME	$1.1B
Interest Income	$65M
Interest Expense	$204M
Other Income/Expenses	$0
INCOME BEFORE TAX	$1.1B
Income Tax Expense	$405M
Net Income from Continuing Ops	$736M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$718M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$718M
D&A	$1.7B
EBIT	$1.3B
EBITDA	$3.1B
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$16.3B
Cost of Revenue	$12.7B
GROSS PROFIT	$3.6B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$724M
SG&A Expenses	$724M
Other Expenses	$1.7B
Operating Expenses	$2.4B
Cost & Expenses	$15.1B
OPERATING INCOME	$1.1B
Interest Income	$65M
Interest Expense	$204M
Other Income/Expenses	$0
INCOME BEFORE TAX	$1.1B
Income Tax Expense	$405M
Net Income from Continuing Ops	$736M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$718M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$718M
D&A	$1.7B
EBIT	$1.3B
EBITDA	$3.1B
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$718M
Depreciation & Amortization	$1.8B
Stock-Based Compensation	$0
Deferred Income Tax	$255M
Other Non-Cash Items	-$241M
Change in Working Capital	-$1.1B
OPERATING CASH FLOW	$1.5B
Capital Expenditure	-$254M
Acquisitions (Net)	$633M
Purchases of Investments	$0
Sales/Maturities of Investments	$24M
Other Investing Activities	$41M
NET CASH FROM INVESTING	-$60M
Net Debt Issuance	-$762M
Common Stock Repurchased	-$628M
Common Dividends Paid	$0
Other Financing Activities	-$441M
NET CASH FROM FINANCING	-$1.8B
FREE CASH FLOW	$1.2B
Net Change in Cash	-$296M

Balance Sheet

Item	Amount
Cash & Equivalents	$2.7B
Short-Term Investments	$0
Net Receivables	$3.9B
Inventory	$0
Other Current Assets	$303M
TOTAL CURRENT ASSETS	$7.4B
PP&E (Net)	$3.5B
Goodwill	$617M
Intangible Assets	$3.4B
Long-Term Investments	$51M
Tax Assets	$221M
Other Non-Current Assets	$4.9B
TOTAL NON-CURRENT ASSETS	$12.7B
TOTAL ASSETS	$20.1B
Account Payables	$840M
Short-Term Debt	$611M
Deferred Revenue	$1.1B
Other Current Liabilities	$23M
TOTAL CURRENT LIABILITIES	$6.9B
Long-Term Debt	$4.6B
Deferred Revenue NC	$862M
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$2.2B
TOTAL NON-CURRENT LIABILITIES	$7.9B
TOTAL LIABILITIES	$14.8B
Common Stock	$3M
Additional Paid-In Capital	$10.1B
Retained Earnings	-$4.5B
Treasury Stock	-$173M
Accum. Other Comp. Income	-$385M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$5.1B
Minority Interest	$323M
TOTAL EQUITY	$5.4B
TOTAL LIABILITIES & EQUITY	$20.1B
Total Debt	$6.2B
Net Debt	$3.5B