Xerox Holdings Corporation reports on a workplace technology business built around print, digital, software-enabled services, integrated IT infrastructure and hybrid-workplace solutions for enterprises, governments, graphic communications providers and channel partners. News about XRX commonly covers quarterly results, margin trends, revenue trajectory, cash flow, debt reduction and guidance.
Recurring developments also include the integration of Lexmark, board and executive leadership changes, dividends on common stock and Series A convertible perpetual preferred stock, warrant distributions tied to the capital structure, and financing or licensing actions involving Xerox intellectual property assets.
STARTEEPO, a Xerox (XRX) shareholder, called for strategic reviews of Xerox Financial Services and potentially Xerox as a whole. The investor beneficially owns 7.34% of Xerox in stocks and options.
STARTEEPO welcomed Xerox’s debt-reduction priority, suspension of common and preferred dividends, and additional financial disclosure for Xerox Financial Services. It proposed restructuring outstanding warrants to facilitate a debt-for-equity exchange before year-end, acknowledging dilution from additional shares. Its participation in warrant exercises has already helped Xerox retire several million dollars of debt principal. STARTEEPO reiterated its view that Xerox could be worth roughly $3.3 billion, or $18 per share, conditional on pursuing additional strategic alternatives.
Xerox Holdings (NASDAQ: XRX) announced an exchange transaction addressing approximately $174 million of senior notes due in 2028 through debt and stock.
For each $1,000 principal exchanged, holders will receive $690 of new first lien senior secured notes due October 2030 and $60 in Xerox common stock value, with additional notes substituted in certain limited circumstances. Xerox expects completion to reduce overall debt principal by approximately $53 million and extend $121 million of maturities from 2028 to 2030. The exchange is cashless except for transaction expenses, with cash interest expected to remain approximately neutral. Closing is expected on or about November 13, 2026, subject to certain limited conditions.
Xerox (NASDAQ: XRX) reported third-quarter 2026 revenue of $1.87 billion while lowering its full-year profit and cash-flow outlook. Revenue fell 4.7% year over year. The GAAP net loss widened to $1,015 million, or $7.73 per share, including a $955 million after-tax non-cash goodwill impairment. Adjusted operating income rose to $124 million from $65 million, and adjusted operating margin increased to 6.6% from 3.3%.
Operating cash flow fell to $30 million from $116 million; free cash flow fell to $7 million from $88 million. Xerox suspended common and preferred dividends. Citing higher input costs and market headwinds, the company lowered full-year adjusted operating income guidance to $450–475 million and free cash flow guidance to $50–100 million; revenue guidance is approximately $7.6 billion. Print and Other profit increased, while IT Solutions revenue and profit declined.
STARTEEPO sent Xerox (NASDAQ: XRX) directors a letter requesting updates on its proposals at the October 29, 2026 earnings announcement. The investor holds 7.34% of Xerox through stocks and options.
STARTEEPO seeks more detailed Xerox Financial Services (XFS) disclosures, a Board-led strategic review with independent advisers and a timetable, and continued debt reduction ahead of 2028 maturities. Requested disclosures include receivables, funding, spread, credit performance and return on equity.
STARTEEPO estimates XFS could be worth roughly $7.69 per share based on precedent transactions. It also believes successful debt reduction could support an eventual equity valuation of up to $3.3 billion, or more than $18 per share, to potential buyers if the Board pursues further strategic alternatives. These are investor estimates, not Xerox guidance.
Xerox Holdings (XRX) will host a live webcast on October 29, 2026, to discuss its third-quarter results for 2026. The webcast begins at 8:00 a.m. ET, following the results release at 6:30 a.m. ET that day. Chief Executive Officer Louie Pastor and Chief Financial Officer Chuck Butler will participate.
Xerox (XRX) announced a major expansion of its production print portfolio at PRINTING United Expo 2026 in Las Vegas, introducing three new press platforms and upgrades to existing presses.
The new lineup includes the Xerox Proficio Jet CS1100 B3 cut-sheet inkjet press, running up to 300 images per minute at 1200 × 1200 dpi with 2-bit variable-drop imaging and media support up to 350 gsm. The Xerox Proficio Jet CF1200 continuous-feed press offers speeds up to 525 feet per minute at 1200 dpi in a 28‑foot footprint, targeting 4 million to 30 million Letter/A4 impressions per month. The Xerox Proficio PX700 FLX graphic arts press prints up to 120 pages per minute with up to six inline colors and new Fluorescent Green toner.
Xerox is also updating the Proficio PX300 and PX500 with Beyond CMYK and fifth-color options such as Gold, Silver and White, plus PredictPrint Media Manager on the PX300 for AI-assisted media setup and color stability. At the show, Xerox is highlighting generative AI for specialty print, workflow automation via FreeFlow Core and FreeFlow Vision Connect, and application development support through its Genesis Initiative, with demonstrations available at booth #N6729.
STARTEEPO SICAV a.s., a shareholder of Xerox (XRX) with a 7.34% beneficial stake in stock and options, has issued a public letter and presentation urging Xerox’s Board to unlock value from Xerox Financial Services (XFS).
STARTEEPO calls for immediate increased transparency on XFS metrics and strategy, and for a Board‑led strategic review with external advisors to consider options such as joint ventures, alternative funding, partial monetization, or a sale of all or part of XFS. The investor estimates XFS has an enterprise value of $1.3–$1.5 billion, or about $7.69 per Xerox share, which it says exceeds the Company’s current share price. STARTEEPO also advocates further deleveraging and a capital‑light funding model, and estimates a fully deleveraged and re‑rated Xerox could reach equity value of about $3.3 billion, or more than $18 per share, in a potential future sale.
Xerox Holdings (NASDAQ: XRX) announced that its board of directors declared a quarterly dividend of $0.025 per share on Xerox common stock, payable October 30, 2026, to shareholders of record on September 30, 2026.
The board also declared a quarterly dividend of $20.00 per share on Xerox Series A Convertible Perpetual Preferred Stock, payable October 1, 2026, to shareholders of record on September 15, 2026.
Xerox (NASDAQ: XRX) reported Q2 2026 revenue of $1.92 billion, up 22.0% year-over-year, or 21.2% in constant currency; on a pro forma basis including Lexmark, revenue declined 6.5%. GAAP net income was $13 million ($0.07 per share) versus a prior-year loss, and adjusted net income was $55 million ($0.38 per share). Adjusted operating income rose to $203 million, with a 10.6% margin, supported by a $105 million pre-tax benefit from IEEPA tariff receivables. Free cash flow was $11 million.
According to Xerox, total debt outstanding was reduced by more than $200 million, and the Lexmark gross cost synergy target was raised by $50 million to at least $350 million. Updated 2026 guidance calls for approximately $7.6 billion in revenue, adjusted operating income of $555–$605 million, and about $250 million of free cash flow, including benefits related to the IEEPA tariff receivable.
Xerox Holdings (NASDAQ: XRX) will host a live webcast with presentation slides at 8:00 a.m. ET on Thursday, July 30, 2026, to review its 2026 second-quarter results. A related news release will be issued earlier that day at 6:30 a.m. ET.
The webcast, featuring CEO Louie Pastor and CFO Chuck Butler, will be accessible at https://edge.media-server.com/mmc/p/hthz5mzy.