XRX beats Q3 2026 earnings and revenue estimates. Shares decline 40.3% as weakening cash flow, rising costs and reduced profit guidance weigh on outlook.
Xerox's gross margins have held in a 21% to 33% band, with the latest quarter at 29.2%, but operating margin has oscillated between -6.9% and +4.6%, suggesting SG&A near 20% of revenue continues to absorb gross profit.
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Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 29, 2026 | $0.06+157.5% vs -$0.10 | $1.9B+0.3% vs $1.9B |
Q3 2026 Jul 30, 2026 | $0.36+398.0% vs -$0.12 | $1.9B+1.1% vs $1.9B |
Q2 2026 Apr 30, 2026 | -$0.43-115.0% vs -$0.20 | $1.8B+5.7% vs $1.7B |
Q1 2026 Jan 29, 2026 | -$0.10-166.7% vs $0.15 | $2.0B-1.2% vs $2.1B |
XRX beats Q3 2026 earnings and revenue estimates. Shares decline 40.3% as weakening cash flow, rising costs and reduced profit guidance weigh on outlook.
PRAGUE--(BUSINESS WIRE)--STARTEEPO SICAV a.s. (“STARTEEPO”), which beneficially owns 7.34% of Xerox Holdings Corporation (“Xerox” or the “Company”) (NASDAQ: XRX) in stocks and options, today commented on the Company's third quarter results announcement. František Bostl, STARTEEPO Founder and Chairman of the Board, said: “Since announcing our substantial investment in Xerox earlier this year, we have privately and publicly encouraged the Xerox Board of Directors to take bold action to address th.
PRAGUE--(BUSINESS WIRE)--STARTEEPO SICAV a.s. (“STARTEEPO”), which beneficially owns 7.34% of Xerox Holdings Corporation (“Xerox” or the “Company”) (NASDAQ: XRX) in stocks and options, today issued the following letter to the Xerox Board of Directors (the “Board”): October 19, 2026 The Board of Directors Xerox Holdings Corp. 401 Merritt 7 Norwalk, CT 06851 Dear Members of the Board: Our open letter to the Board in early September helped spark a lively conversation about the future of this iconi.
Xerox Holdings Corp. is rated a speculative Buy, driven by the Pivot Formula: revenue stabilization, profitability improvement, and leverage reduction. Q2 revenue rose 22% on acquisition, but pro forma revenue declined 6.5%, highlighting the need for organic stabilization. Profitability for XRX improved with a 10.6% adjusted operating margin, though 6.6 points were due to a one-time tariff benefit; sustainable gains hinge on Lexmark synergies.
Benchmark XRX against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Xerox Holdings Corporation (XRX)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $1.11 | $144.51M | -0.13 | 12.88% | -14.65% | -104.1% | 50.8% | |
| $28.46 | $26.03B | 10.74 | 3.24% | 4.14% | — | 4.01% | |
| $530.61 | $3.94T | 29.56 | 17.79% | 41.17% | 33.21% | 0.67% | |
| $116.05 | $333.77B | 19.91 | 17.35% | 26.36% | 42.1% | 1.71% | |
| $169.15 | $33.5B | 26.60 | 5.37% | 19.19% | 113.67% | 1.23% | |
| $58.37 | $15.78B | 89.80 | 18.11% | 52.81% | — | — |
Xerox Holdings Corporation (XRX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Xerox Holdings Corporation (XRX) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 29, 2026·SEC
Oct 29, 2026·SEC
Jul 30, 2026·SEC
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Xerox Holdings Corporation (XRX) stock FAQ — growth, dividends, profitability & financials explained
Xerox Holdings Corporation (XRX) reported $7.66B in revenue over the trailing twelve months. Revenue was $7.02B in fiscal year 2025. That is 60% less than the $17.38B of fiscal year 1996.
Xerox Holdings Corporation (XRX) grew revenue by 12.9% in fiscal year 2025, compared with the prior fiscal year.
No. Xerox Holdings Corporation (XRX) reported a net loss of $1.18B over the trailing twelve months.
Yes. Xerox Holdings Corporation (XRX) pays a dividend that yields 50.80% at the current price, a high yield.
Xerox Holdings Corporation (XRX) had a return on equity (ROE) of -104.1% in fiscal year 2025. A negative ROE means the company lost money over the period.
Xerox Holdings Corporation (XRX) generated $189.0M in free cash flow over the trailing twelve months.