Company: CNDT
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001677703-25-000152
Chunk: 99

Company: CONDUENT Inc
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 99
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 help reduce congestion and greenhouse emissions, while creating seamless travel experiences for consumers throughout transportation ecosystems.Selected financial information for the Company's segments is as follows:Three Months Ended September 30,(in millions)CommercialGovernmentTransportationTotal(1)2025Segment revenue$367 $238 $162 $767 ExpensesWages and benefits$247 $96 $61 $404 Services and supplies47 63 84 194 Rent lease and maintenance expense36 18 12 66 Other operating expense— — 1 1 Depreciation and amortization expense20 13 7 40 Segment expenses$350 $190 $165 $705 Segment profit (loss)$17 $48 $(3)$62 2024Segment revenue$385 $255 $141 $781 ExpensesWages and benefits$265 $107 $61 $433 Services and supplies49 72 66 187 Rent lease and maintenance expense37 16 12 65 Other operating expense— — 2 2 Depreciation and amortization expense19 10 6 35 Segment expenses$370 $205 $147 $722 Segment profit (loss)$15 $50 $(6)$59 __________(1)    Total excludes Divestitures and Unallocated Costs.

CNDT Q3 2025 Form 10-Q12

Nine Months Ended September 30,(in millions)CommercialGovernmentTransportationTotal(1)2025Segment revenue$1,134 $692 $446 $2,272 ExpensesWages and benefits$761 $290 $187 $1,238 Services and supplies155 188 203 546 Rent lease and maintenance expense112 51 36 199 Other operating expense3 4 3 10 Depreciation and amortization expense63 34 22 119 Segment expenses$1,094 $567 $451 $2,112 Segment profit (loss)$40 $125 $(5)$160 2024Segment revenue$1,192 $758 $426 $2,376 ExpensesWages and benefits$810 $322 $194 $1,326 Services and supplies158 219 191 568 Rent lease and maintenance expense107 49 34 190 Other operating expense2