Xerox Holdings Corporation (XRX) quarterly cash flow statement — complete operating, investing & financing history
Xerox Holdings Corporation (XRX) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 37M | -144M | 334M | 159M | -11M | -89M | 351M | 116M | 123M | -79M | 389M | 124M | 95M | 78M | 186M | -8M | -85M | 66M | 198M | 100M |
| Operating CF Margin % | 1.93% | -7.8% | 16.47% | 8.11% | -0.7% | -6.11% | 21.76% | 7.59% | 7.79% | -5.26% | 22.04% | 7.51% | 5.42% | 4.55% | 9.58% | -0.46% | -4.87% | 3.96% | 11.14% | 5.69% |
| Operating CF Growth % | 436.36% | -61.8% | -4.84% | 37.07% | -108.94% | -12.66% | -9.77% | -6.45% | 29.47% | -201.28% | 109.14% | 1650% | 211.76% | 18.18% | -6.06% | -108% | -139.72% | -43.59% | -15.74% | -5.66% |
| Net Income | 13M | -105M | -73M | -760M | -106M | -90M | -23M | -1.21B | 18M | -113M | -58M | 49M | -61M | 71M | 121M | -382M | -5M | -57M | -674M | 90M |
| Depreciation & Amortization | 101M | 100M | 107M | 107M | 57M | 60M | 97M | 59M | 59M | 59M | 71M | 63M | 62M | 64M | 11M | 65M | 68M | 72M | 78M | 81M |
| Stock-Based Compensation | 9M | 9M | 0 | 7M | 14M | 12M | 14M | 9M | 17M | 12M | 0 | 12M | 14M | 14M | 0 | 13M | 35M | 15M | 10M | 0 |
| Deferred Taxes | -6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 116M | -68M | 0 | 0 | 0 | -27M | 0 | 0 | 0 | -89M | 0 |
| Other Non-Cash Items | -70M | -28M | -16M | 135M | 10M | -24M | 50M | 1.08B | -11M | 2M | 123M | -45M | 134M | -15M | 47M | 375M | -49M | -8M | 821M | -69M |
| Working Capital Changes | -10M | -120M | 316M | 670M | 14M | -47M | 213M | 173M | 40M | -155M | 321M | 45M | -54M | -56M | 34M | -79M | -134M | 44M | 52M | -2M |
| Change in Receivables | 20M | -40M | 135M | 129M | 52M | 116M | 220M | 147M | 176M | 191M | 166M | 72M | 172M | 199M | -131M | -26M | -86M | 54M | 58M | -46M |
| Change in Inventory | -11M | -49M | 111M | 37M | -23M | -137M | 14M | 12M | -15M | -133M | 73M | 38M | 76M | -64M | -7M | -41M | -64M | -31M | 78M | 6M |
| Change in Payables | -88M | 58M | 20M | -21M | -64M | 89M | 95M | -55M | -105M | 17M | 0 | 0 | -249M | -41M | 80M | 26M | 61M | 111M | 44M | 107M |
| Cash from Investing | -9M | -24M | -4M | -725M | -18M | 6M | -172M | -7M | -2M | -17M | -8M | 25M | -5M | -17M | 17M | -33M | 13M | -75M | -31M | 18M |
| Capital Expenditures | 0 | -21M | 0 | 0 | -19M | -20M | -17M | -9M | -8M | -10M | -10M | -12M | -7M | -8M | -18M | -10M | -13M | -16M | -16M | -19M |
| CapEx % of Revenue | - | 1.14% | 1.18% | 1.43% | 1.21% | 1.37% | 1.05% | 0.59% | 0.51% | 0.67% | 0.57% | 0.73% | 0.4% | 0.47% | 0.93% | 0.57% | 0.74% | 0.96% | 0.9% | 1.08% |
| Acquisitions | 19M | 2M | 0 | -718M | 3M | 28M | -153M | 8M | 15M | 4M | 3M | 37M | 2M | -6M | 38M | -18M | 28M | -54M | -10M | 37M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -28M | -5M | -4M | -7M | -2M | -2M | -2M | -6M | -9M | -11M | -1M | 0 | 0 | -3M | -3M | -5M | -2M | -5M | -5M | 0 |
| Cash from Financing | -114M | 242M | -299M | 118M | 618M | -159M | -122M | -74M | -336M | 261M | -383M | -94M | -220M | -505M | -67M | -168M | -438M | -149M | -517M | -46M |
| Debt Issued (Net) | -105M | 255M | -977M | 124M | 650M | -104M | -78M | -42M | -300M | 335M | -347M | 495M | -174M | -452M | -24M | -126M | -401M | 22M | -75M | 76M |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | -5M | 0 | 0 | -3M | 0 | -544M | 0 | 0 | 0 | 0 | 0 | -113M | -388M | -87M |
| Dividends Paid | -6M | -10M | -6M | -7M | -19M | -39M | -34M | -36M | -34M | -37M | -34M | -43M | -43M | -45M | -43M | -43M | -42M | -46M | -49M | -49M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | -5M | 0 | 0 | -3M | 0 | -544M | 0 | 0 | 0 | 0 | 0 | -113M | -388M | -87M |
| Other Financing | -3M | -3M | 684M | 1M | -13M | -16M | -5M | 4M | -2M | -34M | -2M | -2M | -3M | -8M | 0 | 1M | 5M | -12M | -5M | 14M |
| Net Change in Cash | -85M | 72M | 30M | -450M | 595M | -241M | 41M | 39M | -221M | 155M | -1M | 48M | -128M | -442M | 137M | -226M | -534M | -148M | -353M | 67M |
| Free Cash Flow | 37M | -165M | 310M | 131M | -30M | -109M | 334M | 107M | 115M | -89M | 379M | 112M | 88M | 70M | 168M | -18M | -98M | 50M | 182M | 81M |
| FCF Margin % | 1.93% | -8.94% | 15.29% | 6.68% | -1.9% | -7.48% | 20.71% | 7% | 7.29% | -5.93% | 21.47% | 6.78% | 5.02% | 4.08% | 8.66% | -1.03% | -5.61% | 3% | 10.24% | 4.61% |
| FCF Growth % | 223.33% | -51.38% | -7.19% | 22.43% | -126.09% | -22.47% | -11.87% | -4.46% | 30.68% | -227.14% | 125.6% | 722.22% | 189.8% | 40% | -7.69% | -122.22% | -149.49% | -50% | -7.61% | -7.95% |
| FCF per Share | 0.29 | -1.28 | 2.42 | 1.03 | -0.24 | -0.87 | 2.68 | 0.86 | 0.92 | -0.72 | 3.08 | 0.71 | 0.56 | 0.44 | 1.08 | -0.12 | -0.63 | 0.32 | 1.06 | 0.45 |
| FCF Conversion (FCF/Net Income) | 2.85x | 1.37x | -4.58x | -0.21x | 0.10x | 0.99x | -16.71x | -0.10x | 6.83x | 0.70x | -6.71x | 2.53x | -1.56x | 1.10x | 1.54x | 0.02x | 21.25x | -1.18x | -0.29x | 1.11x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |