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Revenue
12 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Revenue Recognition

The following table presents DXC's revenues disaggregated by geography, based on the location of incorporation of the DXC entity providing the related goods or services:
Twelve Months Ended
(in millions)March 31, 2025March 31, 2024March 31, 2023
United States$3,560 $3,909 $4,320 
United Kingdom1,817 1,881 1,883 
Other Europe4,128 4,267 4,429 
Australia1,145 1,261 1,449 
Other International2,221 2,349 2,349 
Total Revenues$12,871 $13,667 $14,430 

The revenue by geography pertains to both of the Company’s reportable segments. Refer to Note 19 - "Segment and Geographic Information" for the Company’s segment disclosures.

Remaining Performance Obligations

Remaining performance obligations represent the aggregate amount of the transaction price in contracts allocated to performance obligations not delivered, or partially undelivered, as of the end of the reporting period. Remaining performance obligation estimates are subject to change and are affected by several factors, including terminations, changes in the scope of contracts, periodic revalidations, adjustments for revenue that has not materialized and adjustments for currency. As of March 31, 2025, approximately $16.9 billion of revenue is expected to be recognized from remaining performance obligations. The Company expects to recognize revenue on approximately 39% of these remaining performance obligations in fiscal 2026, with the remainder of the balance recognized thereafter.

Contract Balances

The following table provides information about the balances of the Company's trade receivables and contract assets and contract liabilities:
As of
(in millions)Balance Sheet Line ItemMarch 31, 2025March 31, 2024
Trade receivables, net Receivables and contract assets, net of allowance for doubtful accounts$2,041 $2,195 
Contract assets
Receivables and contract assets, net of allowance for doubtful accounts$338 $362 
Contract liabilitiesDeferred revenue and advance contract payments and Non-current deferred revenue $1,397 $1,537 

Change in contract liabilities were as follows:
(in millions)
Twelve Months Ended March 31, 2025
Twelve Months Ended March 31, 2024
Balance, beginning of period$1,537 $1,842 
Deferred revenue1,727 1,845 
Recognition of deferred revenue(1,751)(2,081)
Currency translation adjustment(4)(3)
Other(112)(66)
Balance, end of period$1,397 $1,537 
The following tables provides information about the Company’s capitalized costs to obtain and fulfill a contract:
As of
(in millions)March 31, 2025March 31, 2024
Capitalized sales commission costs(1)
$94 $89 
Transition and transformation contract costs, net(2)
$668 $751 

Amortization expense of capitalized sales commission and transition and transformation contract costs were as follows:
Fiscal Years Ended
(in millions)March 31, 2025March 31, 2024March 31, 2023
Capitalized sales commission costs amortization(1)
$47 $61 $76 
Transition and transformation contract cost amortization(2)
$205 $212 $204 
        

(1)Capitalized sales commission costs are included within other assets in the accompanying balance sheets and amortization expense related to the capitalized sales commission assets are included in selling, general, and administrative expenses in the accompanying statements of operations.
(2)Transition and transformation contract costs, net reflect the Company’s setup costs incurred upon initiation of an outsourcing contract and are included within other assets in the accompanying balance sheets and amortization expense are included within depreciation and amortization in the accompanying statements of operations.