DXC Q2 Revenue Falls 4% to $3.03B as Insurance Sale Talks Emerge
ASHBURN – October 30, 2026 -- DXC Technology (NYSE: DXC) reported second-quarter fiscal 2027 revenue of $3.03 billion, down 4.0% year over year and on an organic basis, while adjusted EBIT fell 26.4% to $187 million. The company also confirmed ongoing discussions about a possible sale of its insurance business.
Adjusted EBIT margin of 6.2% accompanies a 52.2% drop in reported EBIT
Reported EBIT was $66 million, a 2.2% margin and down 52.2% year over year. Adjusted EBIT margin was 6.2%. Diluted earnings per share were $0.15, and non-GAAP diluted EPS was $0.67, down 20.2%.
CEO Raul Fernandez said revenue, adjusted EBIT and non-GAAP EPS came in above the company's expectations. He cautioned that "core revenue recovery will take time." He added that the revenue ramp for agentic AI solutions is clearer in average deal size, close-cycle timing and pace of follow-on work.