How many subsidiaries does CONDUENT Inc file with the SEC?

78, listed in its most recent exhibit 21. They are incorporated across 38 jurisdictions, led by Delaware, Texas, Wisconsin. 2 of them sit in offshore financial centres. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.

Is CONDUENT Inc financially healthy?

CONDUENT Inc scores 2 out of 7 on the Piotroski F-score. Only 7 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of CONDUENT Inc?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (trimming), GEODE CAPITAL MANAGEMENT, LLC (adding), STATE STREET CORP (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

CONDUENT Inc (CNDT)

Nasdaq · Common Stock · Services-Business Services, NEC

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

Corporate structure

78 entities across 38 jurisdictions, 2 in offshore financial centres. Read directly from the company’s own 10-K EX-21 filed 2026-02-19 — see the exhibit.

Which other public companies file entities in the same places:

Delaware22 Netherlands4 Texas3 Germany3 United Kingdom3 Australia3 Brazil3 Washington2 France2 Italy2 Philippines2 Switzerland2

Subsidiaries of CONDUENT Inc as disclosed in its SEC filing
Entity	Jurisdiction	Note
Conduent BPO Services, LLC	Delaware
Conduent Business Process Optimization Services, Inc.	Texas
Conduent Business Services, LLC	Delaware
Conduent Care and Quality Solutions, Inc.	Wisconsin
Conduent Commercial Solutions, LLC	Nevada
Conduent Credit Balance Solutions, LLC	Delaware
Conduent EDI Solutions, Inc.	Delaware
Conduent Education Services, LLC	Delaware
Conduent Export, LLC	Delaware
Conduent Federal Solutions, LLC	Delaware

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

2 / 7

FAILReturn on assets positiveROA -7.1%
FAILOperating cash flow positiveOCF -73M
FAILReturn on assets improving16.4% → -7.1%
PASSCash flow exceeds earningsOCF -73M vs NI -170M
FAILLong-term debt ratio fallingno debt reported
FAILCurrent ratio improving1.68 → 1.57
PASSNo share dilution191M → 158M shares
FAILGross margin improvingno gross profit reported
FAILAsset turnover improving1.29× → 1.27×

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2020	$4.2B	−$118.0M	$85.0M	—	—
FY2021	$4.1B	−$28.0M	$163.0M	—	—
FY2022	$3.9B	−$182.0M	$52.0M	—	215,886,000
FY2023	$3.7B	−$296.0M	$38.0M	—	216,779,000
FY2024	$3.4B	$426.0M	−$78.0M	—	191,130,000
FY2025

Ownership flow

12 institutions tracked — 5 added, 6 reduced, 1 opened a new position. Index money added 557,277 shares while active managers cut 62,147.

Institutional holders of CONDUENT Inc and their share-count change
Manager	Kind	Shares	Change	Value
GEODE CAPITAL MANAGEMENT, LLC	Index	3,919,945	+728,682	$5.7M
AQR CAPITAL MANAGEMENT LLC	Hedge fund	2,211,807	+628,728	$3.2M
MORGAN STANLEY	Active fund	766,922	−491,857	$1.1M
BANK OF AMERICA CORP /DE/	Active fund	173,507

Identity

CIK: 0001677703
FIGI: BBG00C1BZMT9
SIC: 7389 · Services-Business Services, NEC
Incorporated: NY
Headquarters: FLORHAM PARK, NJ

Ownership

Institutional: 75.6%
Institutions: 252
Insiders: 10.1%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Other services-business services, nec companies

CONDUENT Inc files under SIC 7389 — all 43 services-business services, nec companies compared on assets and F-score.

PayPal Holdings, Inc.PYPL Accenture plcACN Uber Technologies, IncUBER Mastercard IncMA GLOBAL PAYMENTS INCGPN MERCADOLIBRE INCMELI

Questions about CONDUENT Inc

How many subsidiaries does CONDUENT Inc file with the SEC?: 78, listed in its most recent exhibit 21. They are incorporated across 38 jurisdictions, led by Delaware, Texas, Wisconsin. 2 of them sit in offshore financial centres. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is CONDUENT Inc financially healthy?: CONDUENT Inc scores 2 out of 7 on the Piotroski F-score. Only 7 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of CONDUENT Inc?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (trimming), GEODE CAPITAL MANAGEMENT, LLC (adding), STATE STREET CORP (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

This page is one panel of the terminal

The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.