DXC Technology (DXC) Earnings: Q2 Fiscal 2027 Results and Next Report Date

The quarter ended September 30, 2026 and DXC Technology published the results on October 29, 2026. Revenue and diluted EPS are shown against Q2 fiscal 2026, the same quarter a year earlier, which takes seasonal swings out of the comparison. DXC Technology reports EPS two ways: GAAP, under the accounting rules every US filer follows, and non-GAAP, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• DXC Technology's fiscal year ends March 31. Q2 fiscal 2027 is the quarter ended September 30, 2026.
• Insurance revenue growth includes a favorable contract modification entered into during Q2 fiscal 2027. DXC also said it is in ongoing discussions about a possible sale of its insurance business.

Source: DXC Technology Q2 fiscal 2027 results, October 29, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How DXC Technology splits revenue in its own release, under its own labels, for Q2 fiscal 2027 against Q2 fiscal 2026. Indented lines are parts of the line above them.

• DXC Technology's Consulting & Engineering Services (CES) revenue was $1.2 billion in Q2 fiscal 2027, down 3% from $1.3 billion in Q2 fiscal 2026, 40% of total revenue.
• DXC Technology's Global Infrastructure Services (GIS) revenue was $1.4 billion in Q2 fiscal 2027, down 10% from $1.6 billion in Q2 fiscal 2026, 47% of total revenue.
• DXC Technology's Insurance Software & Services revenue was $394 million in Q2 fiscal 2027, up 23% from $320 million in Q2 fiscal 2026, 13% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

DXC Technology also guided full fiscal year 2027 adjusted EBIT margin of 5.75% to 6.25%, non-GAAP diluted EPS of $2.25 to $2.50 and free cash flow of about $600 million, and Q3 fiscal 2027 adjusted EBIT margin of about 6.0% and non-GAAP diluted EPS of about $0.55. It gives no GAAP EPS outlook.

In its Q2 fiscal 2027 release, DXC Technology said:

“Total revenue in the range of $11.91 billion and $11.98 billion, a decline of 5.5% to 5.0% year-over-year on an organic basis.”

“Total revenue of ~$2.98 billion, a decline of ~6.0% year-over-year on an organic basis.”

Source: DXC Technology Q2 fiscal 2027 earnings release, Oct 29, 2026.

This is the company's own guidance as of Oct 29, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the DXC forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP revenue and diluted EPS, each as first reported in that quarter's release.

DXC Technology's next report is expected around January 28, 2027, a date estimated from its reporting history that the company has not yet confirmed. This page will show Q2 fiscal 2027 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q2 fiscal 2027 (this page), reported Oct 29, 2026

DXC Technology's revenue fell 4.0% to $3,034 million in Q2 fiscal 2027 from $3,161 million, and also fell 4.0% on an organic basis, with no currency or acquisition effect. Global Infrastructure Services, which runs data center, mainframe, cloud and network environments and business process services for clients, was the largest segment at $1,427 million, down 10.0%. Consulting & Engineering Services brought in $1,213 million, down 3.3%. (DXC Technology Q2 fiscal 2027 earnings release, Oct 29, 2026; DXC Technology Form 10-Q, Q2 fiscal 2027, Oct 30, 2026)

DXC Technology's Insurance Software & Services segment was the only one to grow: revenue rose 23.1% to $394 million and segment profit rose 60.7% to $45 million. DXC says that growth includes a favorable contract modification entered into during the quarter, and the 10-Q records a one-time impairment of transition and transformation costs tied to a customer contract modification in the same quarter. (DXC Technology Q2 fiscal 2027 earnings release, Oct 29, 2026; DXC Technology Form 10-Q, Q2 fiscal 2027, Oct 30, 2026)

DXC Technology's revenue is mostly earned outside the U.S. In the quarter, U.S. revenue was $747 million, against $821 million a year earlier, the United Kingdom $465 million, other Europe $995 million, Australia $283 million and other international $544 million. DXC had about 115,000 employees in 60 countries at the time of its 10-K. (DXC Technology Form 10-Q, Q2 fiscal 2027, Oct 30, 2026; DXC Technology Form 10-K, fiscal 2026, May 8, 2026)

DXC Technology's bookings were $2.4 billion, down 10% from a year earlier, a book to bill ratio of 0.80x for the quarter and 1.0x over the trailing twelve months. About $15.8 billion of revenue was expected from remaining performance obligations at September 30, 2026, about 25% of it in fiscal 2027. (DXC Technology Q2 fiscal 2027 earnings release, Oct 29, 2026; DXC Technology Form 10-Q, Q2 fiscal 2027, Oct 30, 2026)

DXC Technology's GAAP diluted EPS was $0.15, against $0.20 a year earlier, and non-GAAP diluted EPS was $0.67, against $0.84. The biggest gap between the two is amortization of acquired intangible assets, $86 million before tax and $0.36 per diluted share. Restructuring costs added $0.10 per share and losses on real estate, facility sales and dispositions $0.04. (DXC Technology Q2 fiscal 2027 earnings release, Oct 29, 2026)

DXC Technology's GAAP effective tax rate was 75.9% in the quarter, on income before taxes of $54 million and tax expense of $41 million, against a non-GAAP rate of 44.6%. EBIT fell 52.2% to $66 million, a 2.2% margin, and adjusted EBIT fell 26.4% to $187 million, a 6.2% margin, against 8.0% a year earlier. (DXC Technology Q2 fiscal 2027 earnings release, Oct 29, 2026)

DXC Technology repurchased about 5.7 million shares for $60 million in the quarter. Diluted weighted average shares fell to 161.99 million from 179.15 million a year earlier, so non-GAAP EPS fell 20.2%, less than non-GAAP net income attributable to DXC, which dropped to $108 million from $150 million. (DXC Technology Q2 fiscal 2027 earnings release, Oct 29, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

DXC Technology gives a numeric outlook in its release for the next quarter and the fiscal year. For full fiscal year 2027 it guided total revenue of $11.91 billion to $11.98 billion, an organic decline of 5.5% to 5.0%, adjusted EBIT margin of 5.75% to 6.25%, non-GAAP diluted EPS of $2.25 to $2.50 and free cash flow of about $600 million. For Q3 fiscal 2027 it guided revenue of about $2.98 billion, an organic decline of about 6.0%, an adjusted EBIT margin of about 6.0% and non-GAAP diluted EPS of about $0.55. (DXC Technology Q2 fiscal 2027 earnings release, Oct 29, 2026)

DXC Technology's guidance assumes a non-GAAP tax rate of about 44% for Q3 and about 42% for the year, and exchange rates of $1.14 per euro and $1.33 per pound for the year. It gives no reconciliation to GAAP, saying the impact of significant non-recurring items is unavailable without unreasonable effort. (DXC Technology Q2 fiscal 2027 earnings release, Oct 29, 2026)

A consensus figure is the average of the models published by the analysts who cover DXC Technology, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones DXC Technology's own release and filings put weight on for Q2 fiscal 2027, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning DXC is on is DXC a buy or a sell?, what analysts expect next is on the DXC forecast, and what the company does is on the DXC Technology (DXC) stock page.

Every number on this page can be traced to a document DXC Technology published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.