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Conduent Incorporated CNDT Payments To Develop Software

Payments To Develop Software at other companies

Conduent Incorporated logo
Conduent IncorporatedCNDT
$5M+25.0%
Playtika Holding Corp. logo
Playtika Holding Corp.PLTK
$8.9M+7.2%
CarGurus, Inc. logo
CarGurus, Inc.CARG
$6.3M+16.9%
Blackbaud logo
BlackbaudBLKB
$12.8M-1.3%
Asure Software logo
Asure SoftwareASUR
$3.24M+16.9%
Fair Isaac logo
Fair IsaacFICO
$8.78M+20.1%

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 us-gaap:PaymentsToDevelopSoftware.

The official record: Conduent Incorporated’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Conduent Incorporated's payments to develop software?
Conduent Incorporated (CNDT) reported payments to develop software of $5M in Q1 2026.
How has Conduent Incorporated's payments to develop software changed year-over-year?
Conduent Incorporated's payments to develop software increased by 25.0% year-over-year, from $4M to $5M.
What is the long-term trend for Conduent Incorporated's payments to develop software?
Over 4 years (2021 to 2025), Conduent Incorporated's payments to develop software has grown at a -24.3% compound annual growth rate (CAGR), from $67M to $22M.
What does payments to develop software mean?
This captures the cash investment directed toward the internal development or acquisition of software assets. For technology-driven service providers, this metric highlights the level of reinvestment into proprietary platforms and digital capabilities.