Xerox Holdings Corporation — Third Quarter 2026 Earnings Summary

Xerox Holdings Corporation reported a third-quarter 2026 net loss of $1.015 billion, driven primarily by a $959 million non-cash goodwill impairment charge. Despite the loss, the company achieved an adjusted operating income of $124 million and an adjusted operating margin of 6.6 percent, reflecting improved profitability in its Print and Other segment. Revenue declined 4.7 percent year-over-year to $1.868 billion, with equipment sales growing 2.6 percent while IT Solutions revenue fell 17.3 percent. Due to intensified market headwinds and higher input costs, Xerox lowered its full-year adjusted operating income guidance to a range of $450 million to $475 million and suspended its common and preferred dividends.