Conduent Inc
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Conduent Inc (CNDT). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2025 |
|---|---|---|---|---|---|
| Commercial: | – | – | – | – | $1.51B 49.7% |
| Government: | – | – | – | – | $922.0M 30.3% |
| Transportation: | $719.0M 17.3% | $746.0M 18.0% · +3.8% | $709.0M 18.4% · -5.0% | $696.0M 18.7% · -1.8% | $609.0M 20.0% · -12.5% |
| Commercial: | $2.10B 50.5% | $2.02B 48.7% · -4.1% | $1.99B 51.6% · -1.2% | $1.93B 51.9% · -3.0% | – |
| Government: | $1.27B 30.5% | $1.31B 31.6% · +3.1% | $1.15B 29.8% · -12.0% | $1.09B 29.4% · -4.9% | – |
| Other: | $72.0M 1.7% | $70.0M 1.7% · -2.8% | $7.0M 0.2% · -90.0% | $0 0.0% · -100.0% | – |
| Unallocated Costs | $0 0.0% | $0 0.0% | $0 0.0% | $0 0.0% | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by region
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| United States | $3.75B 90.0% | $3.71B 89.7% · -1.0% | $3.47B 90.0% · -6.4% | $3.33B 89.4% · -4.2% | $2.89B 86.0% · -13.3% | $2.55B 83.7% · -11.8% |
| Europe | $357.0M 8.6% | $368.0M 8.9% · +3.1% | $328.0M 8.5% · -10.9% | $314.0M 8.4% · -4.3% | $291.0M 8.7% · -7.3% | $298.0M 9.8% · +2.4% |
| Other areas | $58.0M 1.4% | $60.0M 1.4% · +3.4% | $57.0M 1.5% · -5.0% | $80.0M 2.1% · +40.4% | $178.0M 5.3% · +122.5% | $199.0M 6.5% · +11.8% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 26, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.