Xerox Holdings CorpXRXEarnings & Financial Report
Xerox Corporation is an American corporation that sells printers, digital document products and services in more than 160 countries. Xerox was the pioneer of the photocopier market, beginning with the introduction of the Xerox 914 in 1959, so much so that the word xerox is commonly used as a synonym for photocopy. Xerox is headquartered in Norwalk, Connecticut, though it is incorporated in New York with its largest group of employees based around Rochester, New York, where the company was fou...
XRX Q1 FY2026 Key Financial Metrics
Revenue
$1.8B
Gross Profit
$549.0M
Operating Profit
$-73.0M
Net Profit
$-105.0M
Gross Margin
29.7%
Operating Margin
-4.0%
Net Margin
-5.7%
YoY Growth
26.7%
EPS
$-0.84
Xerox Holdings Corp Q1 FY2026 Financial Summary
Xerox Holdings Corp reported revenue of $1.8B (up 26.7% YoY) for Q1 FY2026, with a net profit of $-105.0M (down 16.0% YoY) (-5.7% margin). Cost of goods sold was $1.3B, operating expenses totaled $622.0M.
Key Financial Metrics
| Total Revenue | $1.8B |
|---|---|
| Net Profit | $-105.0M |
| Gross Margin | 29.7% |
| Operating Margin | -4.0% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
Xerox Holdings Corp Q1 FY2026 revenue of $1.8B breaks down across 6 segments, led by Services, maintenance, rentals and other (2) at $816.0M (44.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Services, maintenance, rentals and other (2) | $816.0M | 44.2% |
| Supplies, paper and other sales (2) | $437.0M | 23.7% |
| Equipment sales | $378.0M | 20.5% |
| IT Products (3) | $105.0M | 5.7% |
| Xerox Financial Services (2) | $61.0M | 3.3% |
| IT Services (3) | $49.0M | 2.7% |
Xerox Holdings Corp Annual Revenue by Year
Xerox Holdings Corp annual revenue history includes year-by-year totals (for example, 2025 revenue was $7.0B).
Xerox Holdings Corp Quarterly Revenue & Net Profit History
Xerox Holdings Corp results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $1.8B | +26.7% | $-105.0M | -5.7% |
| Q4 FY2025 | $2.0B | +25.7% | N/A | N/A |
| Q3 FY2025 | $2.0B | +28.3% | $-760.0M | -38.8% |
| Q2 FY2025 | $1.6B | -0.1% | $-106.0M | -6.7% |
| Q1 FY2025 | $1.5B | -3.0% | $-90.0M | -6.2% |
| Q4 FY2024 | $1.6B | -8.6% | N/A | N/A |
| Q3 FY2024 | $1.5B | -7.5% | $-1.2B | -78.9% |
| Q2 FY2024 | $1.6B | -10.0% | $18.0M | 1.1% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.58B | $1.53B | $1.61B | $1.46B | $1.58B | $1.96B | $2.03B | $1.85B |
| YoY Growth | -10.0% | -7.5% | -8.6% | -3.0% | -0.1% | 28.3% | 25.7% | 26.7% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $9.49B | $8.32B | $8.37B | $8.21B | $8.87B | $10.07B | $9.82B | $9.9M |
| Liabilities | $6.90B | $6.79B | $7.06B | $6.93B | $7.52B | $9.47B | $9.15B | $9.4M |
| Equity | $2.36B | $1.30B | $1.08B | $1.05B | $1.12B | $365.0M | $444.0M | $305000 |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $123.0M | $116.0M | $351.0M | $-89.0M | $-11.0M | $116.0M | $208.0M | $-144.0M |