---
schema_version: "secwatch.filing_event.v1"
accession: "0001688568-23-000028"
form_type: "8-K"
ticker: "DXC"
cik: "0001688568"
company_name: "DXC Technology Co"
filed_at: "2023-05-18T23:59:59+00:00"
generated_at: "2026-06-14T21:20:06.940885+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# DXC Q4 FY23 revenue $3.59B, GAAP loss $3.38/shr, non-GAAP EPS $1.02; new $1B buyback

## Summary
- Q4 revenue $3.59B, down 10.4% YoY; organic revenue down 2.9%.
- GAAP diluted loss per share $(3.38) vs $2.14 last year; non-GAAP EPS $1.02 vs $0.84.
- Free cash flow $269M; completed $1B share repurchase and authorized new $1B.
- FY23 GAAP net loss $566M; adjusted EBIT margin 8.0% vs 8.5% prior year.
- FY24 guidance: organic revenue growth -0.5% to 0.5%, non-GAAP EPS $3.80-$4.05, FCF ~$900M.

## SEC filing metadata
- accession: 0001688568-23-000028
- form_type: 8-K
- ticker: DXC
- cik: 0001688568
- company_name: DXC Technology Co
- filed_at: 2023-05-18T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1688568/000168856823000028/0001688568-23-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1688568/000168856823000028/dxc-20230518.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001688568-23-000028
- JSON: https://secwatch.observer/filing/0001688568-23-000028.json
- Plain text: https://secwatch.observer/filing/0001688568-23-000028.txt

## Key facts
- Earnings Releases
  DXC Technology Co reported the fourth quarter of fiscal year 2023 ended March 31, 2023 results: revenue $3.59 billion, net income $(758) million, EPS $(3.38).
  - Period: the fourth quarter of fiscal year 2023 ended March 31, 2023
  - Revenue: $3.59 billion
  - Net income: $(758) million
  - EPS: $(3.38)
  - Result: reported results
  source text: Revenue was $3.59 billion for the fourth quarter of fiscal year 2023, down 10.4% as compared to the prior year period, and down 2.9% on an organic basis. The organic revenue decline was the result of a lower level of resale revenues and a lower level of project revenues in the fourth quarter of fiscal year 2023. Net income was $(758) million, or (21.1)% of sales for the fourth quarter of fiscal year 2023, compared to $539 million, or 13.4% of sales, in the prior year quarter. EBIT was $(1,146) million or (31.9)% of sales. Adjusted EBIT margin was 8.9% in the fourth quarter, up 40 basis points as compared to the prior year quarter. Loss per share was $(3.38) and Non-GAAP diluted earnings per share was $1.02 for the fourth quarter of fiscal year 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1688568/000168856823000028/0001688568-23-000028-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.