A global IT services firm, DXC Technology helps businesses run their data centers, cloud, and software, and sells insurance platforms to carriers worldwide. It was formed in 2017 when Computer Sciences Corporation merged with Hewlett Packard Enterprise's services arm, inheriting the legacy of the old Electronic Data Systems. The name "DXC" isn't an acronym — the "DX" nods to "digital transformation" and the "X" to being a "force multiplier," a nickname its founders cooked up to signal a fresh start.
DXC appoints Paul Taylor as President, effective August 10, 2026; Chris Drumgoole resigns as President, GIS.
Chris Drumgoole resigned as President, Global Infrastructure Services, effective July 30, 2026, not due to any disagreement with the company.
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Paul J. Taylor was appointed President, DXC, effective August 10, 2026, succeeding Raul Fernandez who remains CEO.
Dan Gray was appointed President of Global Infrastructure Services, effective immediately.
Taylor's compensation includes an annual base salary of £769,820, bonus target of 200% of base salary, and equity awards with initial target value of 900% of base salary.
Taylor will receive a one-time inducement equity award with a grant-date value of $3.75 million, 40% in RSUs and 60% in PSUs.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
DXC Technology reports Q4 FY2026 revenue of $3.13B, down 1.2% YoY; full-year revenue $12.64B, down 1.8% YoY.
Q4 FY2026 diluted EPS was $(0.84), down 158.7% year-over-year; non-GAAP diluted EPS was $0.77, down 8.3% year-over-year.
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Q4 FY2026 total revenue was $3.13 billion, down 1.2% year-over-year and down 6.6% on an organic basis.
Q4 FY2026 adjusted EBIT margin was 7.6%, with adjusted EBIT of $237 million, up 3.0% year-over-year.
Full fiscal year 2026 free cash flow was $713 million, up 3.8% year-over-year; Q4 free cash flow was $110 million.
For Q1 FY2027, DXC guides total revenue of $2.97-$3.00 billion and non-GAAP diluted EPS of ~$0.40; for full FY2027, revenue of $12.11-$12.35 billion and non-GAAP diluted EPS of $2.40-$2.90.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits
DXC Technology announces full redemption of €650M 2026 Euro Notes and partial redemption of $300M 2026 USD Notes.
On December 9, 2025, DXC Technology Company issued notices to redeem all €650 million of its 1.750% Senior Notes due January 2026, with a redemption date of December 24, 2025.
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DXC also issued a notice to partially redeem $300 million of its 1.800% Senior Notes due September 2026, with a redemption date of December 19, 2025.
The redemption price for the 2026 Euro Notes is 100% of principal plus accrued interest; the 2026 USD Notes include a make-whole premium plus accrued interest.
DXC Capital Funding DAC, a wholly owned subsidiary, completed a €650.0 million offering of 4.250% Senior Notes due 2030, guaranteed by DXC and DXC Luxembourg International S.à r.l.
Net proceeds from the 2030 Notes offering were approximately €632.4 million, intended to repay existing indebtedness including the 2026 Euro Notes.
7.01 Regulation FD Disclosure · 8.01 Other Events · 9.01 Financial Statements and Exhibits
DXC subsidiary prices €650M 4.250% Senior Notes due 2030
On December 2, 2025, DXC Capital Funding DAC priced €650,000,000 aggregate principal amount of 4.250% Senior Notes due 2030 at 99.784% of par.
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The Notes are offered to qualified institutional buyers under Rule 144A and outside the U.S. under Regulation S.
The offering is expected to close on December 9, 2025, subject to customary conditions.
The Notes are guaranteed by DXC Technology Company and DXC Luxembourg International S.à r.l.
Net proceeds are intended to repay existing indebtedness, including DXC's 1.750% Senior Notes due 2026, and for working capital and general corporate purposes.
8.01 Other Events · 9.01 Financial Statements and Exhibits