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XRXXerox Holdings Corporation
$2.67$349M
Overview & Verdict
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XRX logoXerox Holdings Corporation(XRX)Earnings, Financials & Key Ratios

XRX•NASDAQ
$2.67
Price updated Jul 7, 2026
SectorTechnologyIndustryIT ServicesSub-IndustryManaged IT Services and Outsourcing
AboutXerox Holdings Corporation, a workplace technology company, designs, develops, and sells document management systems and solutions in the United States, Europe, Canada, and internationally. It offers workplace solutions, including desktop monochrome, and color and multifunction printers; digital printing presses and light production devices, and solutions; and digital services that leverage workflow automation, personalization and communication software, content management solutions, and digitization services. The company also provides graphic communications and production solutions; and IT services, end user computing devices, network infrastructure, communications technology, and a range of managed IT solutions, such as technology product support, professional engineering, and commercial robotic process automation. In addition, it provides FreeFlow a portfolio of software solutions for the automation and integration to the processing of print job comprises file preparation, final production, and electronic publishing; XMPie, a personalization and communication software that support the needs of omni-channel communications customers; DocuShare, a content management platform to capture, store, and share paper and digital content; and CareAR, an enterprise augmented reality business. Further, the company sells paper products and wide-format systems. The company sells its products and services directly to its customers through its direct sales force, as well as through independent agents, dealers, value-added resellers, systems integrators, and e-commerce marketplaces. Xerox Holdings Corporation was founded in 1906 and is headquartered in Norwalk, Connecticut.Show more
  • Revenue$7.02B+12.9%
  • EBITDA$275M-36.5%
  • Net Income-$1.03B+22.1%
  • EPS (Diluted)-8.25+23.3%
  • Gross Margin27.07%-14.1%
  • EBITDA Margin3.92%-43.7%
  • Operating Margin-0.8%-131.2%
  • Net Margin-14.65%+31.0%
  • ROE-104.1%-60.6%

XRX Price & Volume

Xerox Holdings Corporation (XRX) stock price & volume — 10-year historical chart

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Structural Margin Erosion Threatens Xerox Solvency Outlook

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Mixed
Profitability:Negative
Financial:Vulnerable
Cash Flow:Deteriorating
Primary Risk:Rapid Equity Erosion

Key Thesis Takeaways

  • Xerox faces a precarious fundamental outlook characterized by persistent net losses and a rapidly deteriorating capital base, with equity plummeting from $2.8B in 2023Q4 to $305.0M in 2026Q1.
  • While the company attempts to pivot toward digital services, the inability to maintain gross margins above 30% suggests that the core business remains in a structural decline.
  • Investors should remain cautious as the company's reliance on debt has surged, evidenced by a debt-to-equity ratio that reached 14.11 in 2026Q1, significantly increasing the risk of future insolvency.

Verdict Logic

the company's inability to generate positive net income, combined with a debt-to-equity ratio of 14.11 and a negative 2026Q1 free cash flow of $144.0M, indicates a high risk of further capital erosion.

XRX Growth Metrics

Xerox Holdings Corporation (XRX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-9.01%
5 Years0%
3 Years-0.4%
TTM20%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM19.57%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM20.97%

Return on Capital

10 Years4.77%
5 Years2.24%
3 Years2.04%
Last Year-0.91%

XRX Recent Earnings

Xerox Holdings Corporation (XRX) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 3/12 qtrs (27%)●Beat Revenue 2/12 qtrs (18%)
Q2 2026Latest
Apr 30, 2026
Metric
Actual
Est
EPS
$0.11+45.0%
$0.20
Rev
$1.8B+5.7%
$1.7B
Q2 2026
Mar 16, 2026
Metric
Actual
Est
EPS
$0.57
—
Rev
$2.0B
—
Q1 2026
Jan 29, 2026
Metric
Actual
Est
EPS
$0.10-166.7%
$0.15
Rev
$2.0B-1.2%
$2.1B
Q4 2025
Oct 30, 2025
Metric
Actual
Est
EPS
$0.20+400.0%
$0.04
Rev
$2.0B-9.9%
$2.2B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 30, 2026
$0.11vs $0.20+45.0%
$1.8Bvs $1.7B+5.7%
Q2 2026Mar 16, 2026
$0.57
$2.0B
Q1 2026Jan 29, 2026
$0.10vs $0.15-166.7%
$2.0Bvs $2.1B-1.2%
Q4 2025Oct 30, 2025
$0.20vs $0.04+400.0%
$2.0Bvs $2.2B-9.9%
Based on last 12 quarters of dataView full earnings history →

Latest XRX News

Recent stock market news and headlines for Xerox Holdings Corporation (XRX)

Seeking Alpha·Jun 24, 2026
Xerox - Solid Returns, Proof Of Value Post-Q1'26

Xerox (XRX) remains a speculative 'BUY' with a reiterated $6/share price target, supported by strong turnaround progress and Lexmark synergies. Q1'26 results confirmed revenue up 27%, tripled adjusted EBIT, and improved operating margin, validating the ongoing recovery thesis. XRX continues to address debt, enhance free cash flow, and maintain liquidity, with recent opportunistic debt buybacks and a 3.18% dividend yield.

Peers Comparison

Key metrics vs top competitors for Xerox Holdings Corporation (XRX)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
XRX logoXRXXerox Holdings CorporationCurrent
$2.67$349.17M-0.3212.88%-14.65%-104.1%21.03%
HPQ logoHPQHP Inc.
$22.96$21B8.663.24%4.45%——
MSFT logoMSFTMicrosoft Corporation
$388.84$2.89T28.5114.93%39.34%33.13%—
ORCL logoORCLOracle Corporation
$141.64$407.36B24.3017.35%25.37%49.81%—
NTAP logoNTAPNetApp, Inc.
$165.78$32.83B26.075.37%18.43%114.18%—
NTNX logoNTNXNutanix, Inc.
$53.76$14.53B82.7118.11%10.03%——

Compare XRX vs Peers

Xerox Holdings Corporation (XRX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs HPQ

Most directly comparable listed peer for XRX.

Scale Benchmark

vs MSFT

Larger-name benchmark to compare XRX against a more recognizable public peer.

Peer Set

Compare Top 5

vs HPQ, MSFT, ORCL, NTAP

XRX SEC Filings & Documents

Xerox Holdings Corporation (XRX) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 30, 2026·SEC

Material company update

Apr 2, 2026·SEC

Material company update

Feb 17, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 17, 2026·SEC

FY 2025

Feb 24, 2025·SEC

FY 2024

Feb 23, 2024·SEC

10-Q Quarterly Reports

6
FY 2025

Nov 10, 2025·SEC

FY 2025

Aug 7, 2025·SEC

FY 2025

May 12, 2025·SEC

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XRX Frequently Asked Questions

Xerox Holdings Corporation (XRX) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Xerox Holdings Corporation's revenue?

Xerox Holdings Corporation (XRX) reported $7.41B in revenue for fiscal year 2025. This represents a 57% decrease from $17.38B in 1996.

How fast is Xerox Holdings Corporation growing?

Xerox Holdings Corporation (XRX) grew revenue by 12.9% over the past year. This is steady growth.

Is XRX profitable?

Xerox Holdings Corporation (XRX) reported a net loss of $1.04B for fiscal year 2025.

Dividend & Returns
Does XRX pay dividends?

Yes, Xerox Holdings Corporation (XRX) pays a dividend with a yield of 21.03%. This makes it attractive for income-focused investors.

What is XRX's return on equity?

Xerox Holdings Corporation (XRX) has a return on equity (ROE) of -104.1%. Negative ROE indicates the company is unprofitable.

What is Xerox Holdings Corporation's free cash flow?

Xerox Holdings Corporation (XRX) generated $267.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in XRX back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →