What is Conduent Incorporated's unrecognized tax benefits?

Conduent Incorporated (CNDT) reported unrecognized tax benefits of 1.7% in Q4 2024.

What does unrecognized tax benefits mean?

Tracks the impact of changes in unrecognized tax benefits, which represent potential tax liabilities for positions taken in tax filings that may not be sustained upon audit. This metric serves as a proxy for tax-related regulatory and audit risk.

Conduent Incorporated CNDT Unrecognized tax benefits

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Other financials

Income statement

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Revenue$723.0M-3.7%

Gross profit$136.0M+2.3%

Net income-$33.0M+35.3%

EPS (diluted)-$0.23+30.3%

Balance sheet

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Cash & equivalents$251.0M-14.3%

Total debt$952.0M+4.7%

Total equity$641.0M-19.9%

Total assets$2.4B-5.5%

Cash flow

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Operating cash flow-$8.0M+86.2%

CapEx$9.0M-35.7%

Free cash flow-$17.0M+76.4%

Valuation

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Market cap$226.44M-46.2%

Enterprise value$927.44M-11.1%

P/S0.1×-0.1×

Profitability

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Gross margin18.4%+0.4pp

Net margin-5%-14.1pp

FCF margin-0.7%-0.2pp

Returns & leverage

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Return on equity-21.1%-59.5pp

Debt / equity1.5×+0.3×

Current ratio1.6×-0.1×

Where this comes from

Reported directly by Conduent Incorporated in its filing.

Tagged under the XBRL concept cndt:EffectiveIncomeTaxRateReconciliationUnrecognizedTaxBenefit.

The official record: Conduent Incorporated’s 10-K, filed February 19, 2026, on SEC EDGAR. View the filing →

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What is Conduent Incorporated's unrecognized tax benefits?: Conduent Incorporated (CNDT) reported unrecognized tax benefits of 1.7% in Q4 2024.
What does unrecognized tax benefits mean?: Tracks the impact of changes in unrecognized tax benefits, which represent potential tax liabilities for positions taken in tax filings that may not be sustained upon audit. This metric serves as a proxy for tax-related regulatory and audit risk.