Xerox published its annual report on Form 10-K for the fiscal year ended Dec. 31, 2025, reporting total revenue of USD 7.02 billion, up 12.9%. The company posted a net loss of USD 1.03 billion, or USD 8.25 per diluted share, compared with the prior year, primarily reflecting USD 537 million of tax expense tied to establishing valuation allowances against certain deferred tax assets. Adjusted net loss was USD 62 million, compared with the prior year, while adjusted operating profit was USD 248 million and adjusted operating margin was 3.5%, down 1.4 percentage points. Cash provided by operating activities was USD 224 million, down 56.2%, as the company cited lower net proceeds from ongoing sales of finance receivables, one-time cash costs related to the Lexmark acquisition and higher pension contributions. Xerox said it expects operating cash flows of about USD 360 million in 2026 and cited the July 1, 2025 acquisition of Lexmark as a driver of revenue growth, while noting total revenue declined 7.6% on a pro forma basis.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xerox Holdings Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001770450-26-000009), on March 17, 2026, and is solely responsible for the information contained therein.
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