Xerox Q1 FY26 net loss widens to $105 million; revenue rises 26.7% to $1.85 billion

Xerox Holdings Corporation

Xerox Holdings Corporation

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  • Xerox Holdings posted a net loss of USD 105 million for first quarter 2026, widening from the prior-year loss, as revenue rose 26.7% to USD 1.85 billion.
  • Pre-tax loss widened to USD 73 million, while adjusted operating income climbed to USD 72 million from USD 22 million.
  • Equipment sales increased 33.1% to USD 378 million, while post sale revenue rose 30.1% to USD 1.31 billion; IT Solutions revenue fell 5.5% to USD 154 million.
  • Non-financing interest expense jumped to USD 84 million from USD 33 million, while other income swung to USD 31 million from an expense of USD 35 million on a USD 56 million gain tied to early repayment of 5.500% Senior Unsecured Notes due August 2028.
  • Management said market trends improved from 2025, flagged a February 2026 Supreme Court tariff ruling as a net positive for cost structure, and highlighted benefits from Lexmark integration and Transformation actions.


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