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Side-by-side financial comparison of KOHLS Corp (KSS) and Xerox Holdings Corp (XRX). Click either name above to swap in a different company.

KOHLS Corp is the larger business by last-quarter revenue ($3.6B vs $1.8B, roughly 1.9× Xerox Holdings Corp). KOHLS Corp runs the higher net margin — 0.2% vs -5.7%, a 5.9% gap on every dollar of revenue. On growth, Xerox Holdings Corp posted the faster year-over-year revenue change (26.7% vs -3.6%). KOHLS Corp produced more free cash flow last quarter ($16.0M vs $-165.0M). Over the past eight quarters, Xerox Holdings Corp's revenue compounded faster (8.2% CAGR vs -22.5%).

Kohl's Corporation is an American department store retail chain. It currently has 1,174 locations, operating stores in every U.S. state except Hawaii. The company was founded by Polish immigrant Maxwell Kohl, who opened a corner grocery store in Milwaukee, Wisconsin, in 1927. It went on to become a successful chain in the local area, and in 1962 the company branched out by opening its first department store. British American Tobacco Company took a controlling interest in the company in 1972 w...

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...

KSS vs XRX — Head-to-Head

Bigger by revenue
KSS
KSS
1.9× larger
KSS
$3.6B
$1.8B
XRX
Growing faster (revenue YoY)
XRX
XRX
+30.3% gap
XRX
26.7%
-3.6%
KSS
Higher net margin
KSS
KSS
5.9% more per $
KSS
0.2%
-5.7%
XRX
More free cash flow
KSS
KSS
$181.0M more FCF
KSS
$16.0M
$-165.0M
XRX
Faster 2-yr revenue CAGR
XRX
XRX
Annualised
XRX
8.2%
-22.5%
KSS

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
KSS
KSS
XRX
XRX
Revenue
$3.6B
$1.8B
Net Profit
$8.0M
$-105.0M
Gross Margin
42.4%
29.7%
Operating Margin
2.0%
-4.0%
Net Margin
0.2%
-5.7%
Revenue YoY
-3.6%
26.7%
Net Profit YoY
-63.6%
-16.0%
EPS (diluted)
$0.07
$-0.84

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
KSS
KSS
XRX
XRX
Q1 26
$1.8B
Q4 25
$3.6B
$2.0B
Q3 25
$3.5B
$2.0B
Q2 25
$3.2B
$1.6B
Q1 25
$5.4B
$1.5B
Q4 24
$3.7B
$1.6B
Q3 24
$3.7B
$1.5B
Q2 24
$3.4B
$1.6B
Net Profit
KSS
KSS
XRX
XRX
Q1 26
$-105.0M
Q4 25
$8.0M
Q3 25
$153.0M
$-760.0M
Q2 25
$-15.0M
$-106.0M
Q1 25
$48.0M
$-90.0M
Q4 24
$22.0M
Q3 24
$66.0M
$-1.2B
Q2 24
$-27.0M
$18.0M
Gross Margin
KSS
KSS
XRX
XRX
Q1 26
29.7%
Q4 25
42.4%
Q3 25
43.3%
Q2 25
43.3%
Q1 25
35.6%
Q4 24
42.4%
Q3 24
43.0%
Q2 24
43.1%
Operating Margin
KSS
KSS
XRX
XRX
Q1 26
-4.0%
Q4 25
2.0%
Q3 25
7.9%
Q2 25
1.9%
Q1 25
2.3%
Q4 24
2.6%
Q3 24
4.4%
Q2 24
1.3%
Net Margin
KSS
KSS
XRX
XRX
Q1 26
-5.7%
Q4 25
0.2%
Q3 25
4.3%
-38.8%
Q2 25
-0.5%
-6.7%
Q1 25
0.9%
-6.2%
Q4 24
0.6%
Q3 24
1.8%
-78.9%
Q2 24
-0.8%
1.1%
EPS (diluted)
KSS
KSS
XRX
XRX
Q1 26
$-0.84
Q4 25
$0.07
$-0.62
Q3 25
$1.35
$-6.01
Q2 25
$-0.13
$-0.87
Q1 25
$0.43
$-0.75
Q4 24
$0.20
$-0.21
Q3 24
$0.59
$-9.71
Q2 24
$-0.24
$0.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
KSS
KSS
XRX
XRX
Cash + ST InvestmentsLiquidity on hand
$144.0M
$585.0K
Total DebtLower is stronger
$4.3M
Stockholders' EquityBook value
$3.9B
$305.0K
Total Assets
$14.1B
$9.9M
Debt / EquityLower = less leverage
14.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KSS
KSS
XRX
XRX
Q1 26
$585.0K
Q4 25
$144.0M
$512.0M
Q3 25
$174.0M
$479.0M
Q2 25
$153.0M
$449.0M
Q1 25
$134.0M
$336.0M
Q4 24
$174.0M
$576.0M
Q3 24
$231.0M
$521.0M
Q2 24
$228.0M
$485.0M
Total Debt
KSS
KSS
XRX
XRX
Q1 26
$4.3M
Q4 25
$4.0B
Q3 25
$4.1B
Q2 25
$3.5B
Q1 25
$2.7B
Q4 24
$2.8B
Q3 24
$2.8B
Q2 24
$3.2B
Stockholders' Equity
KSS
KSS
XRX
XRX
Q1 26
$305.0K
Q4 25
$3.9B
$444.0M
Q3 25
$3.9B
$365.0M
Q2 25
$3.8B
$1.1B
Q1 25
$3.8B
$1.1B
Q4 24
$3.8B
$1.1B
Q3 24
$3.8B
$1.3B
Q2 24
$3.8B
$2.4B
Total Assets
KSS
KSS
XRX
XRX
Q1 26
$9.9M
Q4 25
$14.1B
$9.8B
Q3 25
$13.4B
$10.1B
Q2 25
$13.6B
$8.9B
Q1 25
$13.6B
$8.2B
Q4 24
$15.1B
$8.4B
Q3 24
$14.2B
$8.3B
Q2 24
$14.3B
$9.5B
Debt / Equity
KSS
KSS
XRX
XRX
Q1 26
14.04×
Q4 25
9.05×
Q3 25
11.10×
Q2 25
3.11×
Q1 25
2.56×
Q4 24
2.62×
Q3 24
2.11×
Q2 24
1.34×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
KSS
KSS
XRX
XRX
Operating Cash FlowLast quarter
$124.0M
$-144.0M
Free Cash FlowOCF − Capex
$16.0M
$-165.0M
FCF MarginFCF / Revenue
0.4%
-8.9%
Capex IntensityCapex / Revenue
3.0%
1.1%
Cash ConversionOCF / Net Profit
15.50×
TTM Free Cash FlowTrailing 4 quarters
$819.0M
$116.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KSS
KSS
XRX
XRX
Q1 26
$-144.0M
Q4 25
$124.0M
$208.0M
Q3 25
$598.0M
$116.0M
Q2 25
$-92.0M
$-11.0M
Q1 25
$596.0M
$-89.0M
Q4 24
$-195.0M
$351.0M
Q3 24
$254.0M
$116.0M
Q2 24
$-7.0M
$123.0M
Free Cash Flow
KSS
KSS
XRX
XRX
Q1 26
$-165.0M
Q4 25
$16.0M
$192.0M
Q3 25
$508.0M
$104.0M
Q2 25
$-202.0M
$-15.0M
Q1 25
$497.0M
$-94.0M
Q4 24
$-323.0M
$346.0M
Q3 24
$141.0M
$108.0M
Q2 24
$-133.0M
$117.0M
FCF Margin
KSS
KSS
XRX
XRX
Q1 26
-8.9%
Q4 25
0.4%
9.5%
Q3 25
14.3%
5.3%
Q2 25
-6.2%
-1.0%
Q1 25
9.2%
-6.5%
Q4 24
-8.7%
21.5%
Q3 24
3.8%
7.1%
Q2 24
-3.9%
7.4%
Capex Intensity
KSS
KSS
XRX
XRX
Q1 26
1.1%
Q4 25
3.0%
0.8%
Q3 25
2.5%
0.6%
Q2 25
3.4%
0.3%
Q1 25
1.8%
0.3%
Q4 24
3.5%
0.3%
Q3 24
3.0%
0.5%
Q2 24
3.7%
0.4%
Cash Conversion
KSS
KSS
XRX
XRX
Q1 26
Q4 25
15.50×
Q3 25
3.91×
Q2 25
Q1 25
12.42×
Q4 24
-8.86×
Q3 24
3.85×
Q2 24
6.83×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

KSS
KSS

Products$3.4B95%
Other$168.0M5%
Gift Card$17.0M0%

XRX
XRX

Services, maintenance, rentals and other (2)$816.0M44%
Supplies, paper and other sales (2)$437.0M24%
Equipment sales$378.0M20%
IT Products (3)$105.0M6%
Xerox Financial Services (2)$61.0M3%
IT Services (3)$49.0M3%

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