What is DXC Technology's net debt?

DXC Technology (DXC) reported net debt of $2.68B in Q1 2026.

How has DXC Technology's net debt changed year-over-year?

DXC Technology's net debt decreased by 31.3% year-over-year, from $3.91B to $2.68B.

What is the long-term trend for DXC Technology's net debt?

Over 5 years (2021 to 2026), DXC Technology's net debt has grown at a -11.3% compound annual growth rate (CAGR), from $4.89B to $2.68B.

What does net debt mean?

Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

DXC Technology DXC Net debt

Discontinued — last reported Q4 '26

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Other financials

Income statement

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Revenue$3.1B-1.2%

Gross profit$723.0M-5.9%

Net income$107.0M+87.7%

EPS (diluted)$0.61+96.8%

Balance sheet

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Cash & equivalents$1.7B-3.3%

Total debt$4.4B-22.5%

Total equity$2.9B-8.9%

Total assets$12.9B-2.4%

Cash flow

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Operating cash flow$239.0M-24.1%

CapEx$70.0M-9.1%

Free cash flow$169.0M-29.0%

Valuation

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Market cap$1.36B-48.4%

Enterprise value$4.04B-38.1%

P/S0.1×-0.1×

Profitability

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Gross margin24%-0.1pp

Net margin3.3%—

FCF margin8.2%-0.7pp

Returns & leverage

See full

Return on equity13.8%—

Debt / equity1.5×-0.3×

Current ratio1.4×+0.1×

Where this comes from

Calculated from DXC Technology’s reported figures.

$4.4Btotal debt−$1.7Bcash and equivalents=$2.68B

The official record: DXC Technology’s 10-K, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is DXC Technology's net debt?: DXC Technology (DXC) reported net debt of $2.68B in Q1 2026.
How has DXC Technology's net debt changed year-over-year?: DXC Technology's net debt decreased by 31.3% year-over-year, from $3.91B to $2.68B.
What is the long-term trend for DXC Technology's net debt?: Over 5 years (2021 to 2026), DXC Technology's net debt has grown at a -11.3% compound annual growth rate (CAGR), from $4.89B to $2.68B.
What does net debt mean?: Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.