CNDT reported FY 2025 revenue of USD 3.04 billion, down 9%, and a FY 2025 net loss of USD 170 million versus net income of USD 426 million in FY 2024. FY 2025 loss before income taxes was USD 160 million, compared with income before income taxes of USD 504 million a year earlier, while interest expense fell to USD 48 million (down 36%). Adjusted EBITDA was USD 164 million in FY 2025, with an Adjusted EBITDA margin of 5.4%. By segment in FY 2025, CNDT posted revenue of USD 1.51 billion in Commercial, USD 922 million in Government, and USD 609 million in Transportation; segment profit was USD 66 million, USD 175 million, and a loss of USD 12 million, respectively. The company said the FY 2025 revenue decline was driven largely by divestiture impacts, as well as lost business and lower volumes, partly offset by new business ramp, higher equipment sales and a Transportation contract amendment. CNDT highlighted a January 2025 cyber event, recording a USD 25 million non-recurring charge in Q1 2025; it had paid USD 17 million in cash through December 31, 2025 and expects an additional USD 8 million in cash disbursements in H1 2026. The company also cited 2025 actions including refinancing its revolving credit facility, paying off the remaining USD 82 million of Term Loan A, and repurchasing 9.2 million shares for USD 25 million under its USD 50 million authorization, as well as launching an AI Experience Center. Cash and cash equivalents were USD 233 million at December 31, 2025, versus USD 366 million at December 31, 2024.

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