Company: CNDT
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001677703-25-000126
Chunk: 94

Company: CONDUENT Inc
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 8
Chunk 94
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 66 180 Rent lease and maintenance expense37 16 13 66 Other operating expense3 3 — 6 Depreciation and amortization expense19 11 7 37 Segment expenses$358 $189 $151 $698 Segment profit (loss)$7 $49 $— $56 2024Segment revenue$388 $245 $141 $774 ExpensesWages and benefits$265 $107 $62 $434 Services and supplies50 71 63 184 Rent lease and maintenance expense36 16 12 64 Other operating expense1 2 1 4 Depreciation and amortization expense22 11 6 39 Segment expenses$374 $207 $144 $725 Segment profit (loss)$14 $38 $(3)$49 __________(1)    Total excludes Divestitures and Unallocated Costs.

CNDT Q2 2025 Form 10-Q12

Six Months Ended June 30,(in millions)CommercialGovernmentTransportationTotal(1)2025Segment revenue$767 $454 $284 $1,505 ExpensesWages and benefits$514 $194 $126 $834 Services and supplies108 125 119 352 Rent lease and maintenance expense76 33 24 133 Other operating expense3 4 2 9 Depreciation and amortization expense43 21 15 79 Segment expenses$744 $377 $286 $1,407 Segment profit (loss)$23 $77 $(2)$98 2024Segment revenue$807 $503 $285 $1,595 ExpensesWages and benefits$545 $215 $133 $893 Services and supplies109 147 125 381 Rent lease and maintenance expense70 33 22 125 Other operating expense2 4 2 8 Depreciation and amortization expense48 24 12 84 Segment expenses$774 $423 $294 $1,491 Segment profit (loss)$33 $80 $(9)$104 __________(1)    Total excludes Divestitures and Unallocated Costs.Other operating expense shown above is primarily comprised of third-party legal fees and other miscellaneous expenses.The following is a reconciliation of Segment profit (loss)