Welcome to our dedicated page for Xerox Holdings SEC filings (Ticker: XRX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Xerox Holdings Corporation filings document formal disclosures for Xerox Holdings and Xerox Corporation, including operating results, financial condition, registered securities and material corporate events. Material-event reports cover earnings releases, executive and board changes, warrant agreements, capital-structure actions and the intellectual property joint venture formed to manage and license certain Xerox IP assets.
Proxy materials describe board elections, executive compensation, shareholder voting matters and governance practices. Other filings include pro forma and interim financial information related to the completed Lexmark acquisition, along with disclosures concerning common stock, warrants, convertible notes and Series A convertible perpetual preferred stock.
Xerox Holdings Corporation reported higher first-quarter 2026 revenue but remained unprofitable. Total revenue rose to $1,846 million from $1,457 million, driven by both equipment sales and services. However, higher costs, including $45 million of restructuring and $30 million of intangible amortization, led to a net loss of $105 million, compared with a $90 million loss a year earlier. Basic and diluted loss per share widened to $(0.84) from $(0.75).
Operating cash flow was negative at $(144) million, versus $(89) million in the prior year, although cash and cash equivalents increased to $585 million from $512 million, helped by new financing. The company completed a $450 million joint venture financing secured by Xerox intellectual property, receiving $404 million of net proceeds, and used part of its flexibility to repurchase about $101 million of 5.50% senior notes for approximately $45 million, recording a $56 million gain on early extinguishment of debt. Total long-term debt rose to $4,281 million from $4,016 million. Segment profit improved, with Print and Other and IT Solutions together generating $93 million of segment profit versus $46 million a year earlier, even as comprehensive loss deepened due to unfavorable currency translation.
Xerox Holdings Corporation reported first-quarter 2026 revenue of $1.85 billion, up 26.7% year-over-year, helped by the Lexmark acquisition and stronger print activity. Despite this growth, the company posted a GAAP net loss of $105 million, or $0.84 per share, as higher amortization, restructuring and transformation costs weighed on results.
On a non-GAAP basis, adjusted net loss was $51 million, or $0.43 per share, while adjusted operating income rose to $72 million and adjusted operating margin improved to 3.9% from 1.5%, reflecting cost savings and Lexmark synergies. Free cash flow was negative $165 million due to seasonal working capital and investment needs.
Management highlighted strategic milestones including Lexmark integration progress, a stronger print sales pipeline, 31% growth in production installs, and double-digit growth in IT Solutions bookings and billings. Xerox raised $450 million via an IP joint venture with TPG Angelo Gordon and repurchased $101 million of 2028 Senior Notes. The company reaffirmed its 2026 outlook for revenue above $7.5 billion, adjusted operating income of $450–$500 million, and approximately $250 million of free cash flow.
DD Revocable Trust has disclosed a large ownership stake in Xerox Holdings Corporation. The trust reports beneficial ownership of 15,283,672 Xerox common shares, equal to 11.29% of the company, including both existing common stock and shares issuable from preferred stock.
The position consists of 8,542,096 common shares and 6,741,576 shares issuable upon conversion of 180,000 shares of Series A Convertible Perpetual Voting Preferred Stock. These securities passed to the trust under the will of Darwin Deason, and three executors now oversee the holdings for investment and eventual distribution to beneficiaries.
The trust also received 7,641,828 warrants to buy additional Xerox shares at an exercise price of $8.00 per warrant, expiring on February 11, 2028, which are currently excluded from the reported 11.29% stake. If exercised, total beneficial ownership would rise to 22,925,500 shares, or 16.03% of Xerox’s outstanding shares under SEC calculation rules.
Douglas R. Deason filed a Schedule 13D reporting beneficial ownership of 15,283,672 Xerox Holdings common shares, or 11.29% of the class. This total includes 8,542,096 common shares and 6,741,576 shares issuable upon conversion of 180,000 shares of Series A Convertible Perpetual Voting Preferred Stock.
The position arose after Xerox securities held by Darwin Deason were transferred at his death to the DD Revocable Trust, for which Douglas Deason serves as a Co-Executor with sole voting and dispositive power over the reported shares. The trust holds the stake for investment and estate administration and may buy more, sell, or distribute shares to beneficiaries depending on conditions. The filing notes 7,641,828 warrants with an $8.00 exercise price and a potential fully diluted stake of 22,925,500 shares, or 16.03%, if those warrants are included under SEC ownership rules.
Xerox Holdings Corp insider Douglas R. Deason filed an initial ownership report as a more than ten percent owner through the DD Revocable Trust. The trust holds 8,542,096 shares of common stock indirectly.
The trust also holds Series A Convertible Perpetual Voting Preferred Stock that is convertible into 6,741,576 shares of common stock at a rate of approximately 37.4532 common shares per preferred share, with conversion permitted at any time and no expiration date. In addition, the trust holds warrants to purchase 7,641,828 shares of common stock at an exercise price of $8.00 per warrant, expected to expire on February 11, 2028.
Mr. Deason is a Co-Executor of the DD Revocable Trust and can direct the voting and disposition of these securities, and is deemed a beneficial owner by virtue of his power to control the trust, while disclaiming beneficial ownership beyond his pecuniary interest.
DD Revocable Trust, a more than ten percent owner of Xerox Holdings Corp, reported its existing equity stake. The Trust holds 8,542,096 shares of common stock directly, plus preferred shares and warrants that are convertible or exercisable into additional common shares.
The Trust owns Series A Convertible Perpetual Voting Preferred Stock that is convertible into 6,741,576 shares of common stock at a rate of about 37.4532 common shares per preferred share. It also holds warrants for 7,641,828 shares of common stock at an exercise price of $8.00 per share, expected to expire on February 11, 2028, unless certain earlier-expiration conditions are met.
Xerox Holdings Corporation is asking shareholders to vote at its 2026 Annual Meeting on May 20, 2026 in Norwalk, Connecticut. Investors will elect nine directors, ratify PricewaterhouseCoopers LLP as auditor for 2026, and cast an advisory Say‑on‑Pay vote on 2025 executive compensation.
Shareholders are also asked to approve an amendment to the 2024 Equity and Performance Incentive Plan to increase the share reserve, supporting long‑term, equity‑based pay. The proxy details board qualifications, ESG goals including a 2040 net‑zero target, workforce initiatives after the Lexmark acquisition, capital structure, related‑party notes, and director and officer share ownership.
Xerox Holdings Corporation announced a leadership transition, appointing Louis (Louie) J. Pastor as Chief Executive Officer effective March 31, 2026, succeeding Steve Bandrowczak. Pastor also joins the Board and will stand for re-election at the upcoming annual meeting.
Under an offer letter, Pastor receives a $900,000 annual base salary, a target annual bonus of 150% of salary, and a 2026 long-term incentive award targeted at $6 million, with future grants at the Board committee’s discretion. He remains eligible for benefits under Xerox’s Officer Severance Program and existing change-in-control protections.
Bandrowczak will receive severance and continued prorated vesting of outstanding restricted stock units through March 31, 2028, subject to signing a release that includes 24-month non-compete and non-solicitation covenants and a 36-month cooperation obligation. He will also provide transition advice for 90 days and may earn a prorated 2026 bonus, subject to performance and approval. Xerox reaffirmed its full-year 2026 financial guidance.
Xerox Holdings Corp Schedule 13G/A: The Vanguard Group reports 0 shares beneficially owned of Xerox Common Stock, representing 0%, following an internal realignment. The filing explains that certain Vanguard subsidiaries now report ownership separately effective January 12, 2026. The form is signed on March 27, 2026.