News Releases - Xerox Newsroom

Xerox Named a Leader In IDC MarketScape: Worldwide Mailroom Solutions and Services 2026 Vendor Assessment

Thu, 13 Aug 2026 12:00:00 GMT

Xerox today announced it has been named a Leader in the IDC MarketScape: Worldwide Mailroom Solutions and Services 2026 Vendor Assessment, which evaluates vendors on their ability to help organizations modernize mailroom operations through intelligent automation, information governance, workflow integration, and digital transformation.

As organizations navigate hybrid work environments, increasing volumes of digital and physical communications, and growing compliance requirements, the mailroom is becoming a critical point of entry for business information. Organizations are increasingly seeking solutions that can securely capture, understand, govern, and route information across the enterprise while integrating with broader business processes and digital transformation initiatives.

The IDC MarketScape notes that, "Xerox distinguishes itself from competitors through its deep document management heritage, broad services and solutions portfolio, an AI-driven technology stack, a strong governance and security framework, and a consistent global service delivery model."

Xerox helps organizations modernize information-intensive business processes through an integrated portfolio that combines digital mailroom services, intelligent document processing, DocuShare® content management, workflow automation, information governance, and managed services. These capabilities enable organizations to automate document-centric workflows, accelerate information flow, strengthen compliance, and support enterprise-wide transformation initiatives.

"As the mailroom evolves into a strategic digital intake hub, organizations are prioritizing solutions that can securely capture, understand, govern, and route information across the enterprise," said Robert Palmer, Research Vice President, IDC. "The ability of Xerox to combine intelligent document processing, enterprise content management, workflow automation, and security helps address many of the core capabilities organizations are seeking as part of broader digital transformation initiatives."

"Organizations today need more than mail digitization. They need a connected approach that transforms incoming information into secure, actionable business intelligence," said Matt Dollus, president of Digital Services at Xerox. "By combining intelligent document processing, content management, workflow automation, governance, and AI-enabled capabilities, Xerox helps clients improve information flow, accelerate business processes, strengthen compliance, and create more efficient digital operations."

For more information on Xerox digital mailroom and intelligent document processing solutions, visit www.xerox.com/en-us/services.

About Xerox Holdings Corporation (NASDAQ: XRX)
Xerox is a global technology company with more than 120 years of innovation leadership. We design, manufacture, deliver, and support print, IT, and digital services for nearly 200,000 clients worldwide. Our integrated, AI-powered portfolio includes managed and production print, document management, workflow automation, cybersecurity, cloud managed services, IT infrastructure, and collaboration technology. Serving clients from growing SMBs to 90 percent of the Fortune 500, Xerox supports leading healthcare, government, financial services, education, legal, retail, and commercial organizations. Through direct sales and a global network of channel partners, we deliver the technology, expertise, and support organizations need to operate efficiently, securely, and at scale.

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Xerox Holdings Corporation Declares Dividend on Common and Preferred Stock

Wed, 05 Aug 2026 20:55:00 GMT

Xerox Holdings Corporation (NASDAQ: XRX) announced today that its board of directors declared a quarterly dividend of $0.025 per share on Xerox Holdings Corporation Common Stock. The dividend is payable on October 30, 2026, to shareholders of record on September 30, 2026.

The board also declared a quarterly dividend of $20.00 per share on the outstanding Xerox Holdings Series A Convertible Perpetual Preferred Stock. The dividend is payable on October 1, 2026, to shareholders of record on September 15, 2026.

About Xerox Holdings Corporation (NASDAQ: XRX)

Xerox is a global technology company with more than 120 years of innovation leadership. We design, manufacture, deliver, and support print, IT, and digital services for nearly 200,000 clients worldwide. Our integrated, AI-powered portfolio includes managed and production print, document management, workflow automation, cybersecurity, cloud managed services, IT infrastructure, and collaboration technology. Serving clients from growing SMBs to 90 percent of the Fortune 500, Xerox supports leading healthcare, government, financial services, education, legal, retail, and commercial organizations. Through direct sales and a global network of channel partners, we deliver the technology, expertise, and support organizations need to operate efficiently, securely, and at scale.

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Xerox Releases Second-Quarter Results

Thu, 30 Jul 2026 10:30:00 GMT

Financial Summary

Revenue of $1.92 billion, up 22.0 percent, or 21.2 percent in constant currency¹. On a pro forma² basis, revenue is down 6.5 percent.

GAAP net income of $13 million, or $0.07 per share, up $119 million or $0.94 per share, year-over-year, respectively.

Adjusted¹ net income of $55 million, or $0.38 per share, up $132 million or $1.02 per share, year-over-year, respectively.

Adjusted¹ operating income of $203 million, up $144 million year-over-year.

Adjusted¹ operating margin of 10.6 percent, up 690 basis points year-over-year.

Operating cash flow of $37 million, up $48 million year-over year.
Free cash flow¹ of $11 million, up $41 million year-over-year.

* Profitability metrics for Q2 2026 include $105 million of a pre-tax benefit from the recognition of IEEPA tariff receivables. This benefit is not included in either Operating cash flow or Free cash flow for Q2 2026 as the sale of the receivables is currently accounted for within Financing cash flow.

News Release	Related Earnings Documents	Webcast and Multimedia
Second-Quarter Results (PDF, 901 KB)	Xerox Q2 2026 Earnings Presentation (PDF, 1.88 MB) Xerox Q2 2026 Non-GAAP Measures (PDF, 1.13 MB) Xerox Q2 2026 Financial Model (PDF, 399 KB) or (Excel, 4.4 MB)	Webcast Replay: Conference Call

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New York Jets Partner with Xerox to Integrate Technology Across Daily Operations

Wed, 15 Jul 2026 14:01:00 GMT

The New York Jets have partnered with Xerox, one of the world’s most recognized technology leaders, in a new multi-year agreement focused on integrating technology across the team’s day-to-day football and business operations. As a central part of the relationship, Xerox solutions are being implemented throughout the organization, including document management, printing infrastructure, and internal workflows across both the training facility and front office.

“We’re excited to welcome Xerox into the Jets family,” said Jeff Fernandez, Jets Senior Vice President of Business Development + Ventures. “This partnership is about putting their technology to work to support how we operate and improve efficiency across the organization on a daily basis.”

Xerox will work closely with the Jets’ IT team to showcase how its solutions can enhance productivity, streamline workflows, and support the demands of a fast-paced, high-stakes environment. It will provide the opportunity to highlight how Xerox solutions are applied within a professional sports environment through a custom content feature.

"In professional sports every decision matters and every second counts, and that's exactly the kind of environment where Xerox thrives,” said Darren Cassidy, chief marketing officer at Xerox. "By integrating our document management and workflow automation solutions across the Jets training facility and front office, we're helping the organization eliminate friction and focus on winning. Through the Jets Partner Alliance, we're creating connections between great businesses that share a commitment to operational excellence."

The partnership also includes supporting sponsorship of the Jets Partner Alliance, providing Xerox access to a year-round B2B platform connecting leading brands across the team’s network, reinforcing a shared focus on driving meaningful B2B relationships through sports.

Xerox will also be featured across Jets gameday platforms at MetLife Stadium and have access to hospitality and partner engagement opportunities throughout the season.

About Xerox Holdings Corporation (NASDAQ: XRX)
Xerox is a global technology company with more than 120 years of innovation leadership. We design, manufacture, deliver, and support print, IT, and digital services for nearly 200,000 clients worldwide. Our integrated, AI-powered portfolio includes managed and production print, document management, workflow automation, cybersecurity, cloud managed services, IT infrastructure, and collaboration technology. Serving clients from growing SMBs to 90 percent of the Fortune 500, Xerox supports leading healthcare, government, financial services, education, legal, retail, and commercial organizations. Through direct sales and a global network of channel partners, we deliver the technology, expertise, and support organizations need to operate efficiently, securely, and at scale.

About New York Jets
The New York Jets were founded in 1959 as the New York Titans, an original member of the American Football League (AFL). The Jets won Super Bowl III, defeating the NFL’s Baltimore Colts in 1969. In 1970, the franchise joined the National Football League in the historic AFL–NFL merger that set the foundation for today’s league. As part of a commitment to its fan base through innovation and experiences, the team has created initiatives such as, its trailblazing Jets Rewards program, a state-of-the-art mobile app, and 1JD Entertainment, a comprehensive content platform that gives fans greater access to the team across all digital and social platforms. The organization takes great pride in a long-standing, year-round commitment to their community. These programs are funded by the New York Jets Foundation and look to positively influence the lives of young men and women in the tri-state area, particularly in disadvantaged communities. The organization supports the efforts of the Lupus Research Alliance, youth football and numerous established charitable organizations and causes sponsored by the NFL. The New York Jets play in MetLife Stadium, which opened in 2010, and are headquartered at the Atlantic Health Jets Training Center in Florham Park, New Jersey. For more information about the New York Jets visit newyorkjets.com.

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Xerox Named a Leader in Quocirca's 2026 Cloud Print Services Landscape

Tue, 14 Jul 2026 12:00:00 GMT

Xerox today announced it has been positioned for the fifth consecutive year as a Leader in Quocirca’s Cloud Print Services Landscape 2026, which evaluates vendor capabilities in delivering cloud-based print management and related digital services. Xerox was ranked strongest in the market on both strategy and completeness of offering.

Quocirca highlights Xerox strengths in platform depth, security, and workflow integration, underpinned by advanced analytics and a cloud-first architecture that makes enterprise-grade capabilities accessible to SMB and mid-market organizations, while enabling partners to deliver high-value, scalable services to a broader client base. Built on a multi-tenant SaaS architecture aligned to zero trust principles, the Xerox cloud ecosystem is designed to reduce IT complexity while enabling scalable, secure, and flexible operations. Clients are further supported by broad IT services capabilities, enabling the design, migration, and management of secure cloud and hybrid environments.

“Xerox stands out in the cloud print services market through its cloud-first strategy, multi-tenant architecture, and strong focus on analytics and workflow automation,” said Louella Fernandes, CEO of Quocirca. “By combining secure, scalable cloud platforms with integrated workflow and AI-enabled capabilities, Xerox is well positioned to help organizations navigate the shift toward hybrid work and more intelligent, connected document environments.”

Xerox continues to advance its cloud capabilities, strengthened by the integration of Xerox and Lexmark cloud platforms. Together, these platforms provide global connectivity, real-time device intelligence, and expanded analytics, enabling consistent service delivery across distributed and hybrid environments.

“This recognition underscores the progress we’ve made building a cloud-first platform that brings together print, workflow automation, analytics, and security into a connected ecosystem,” said Munu Gandhi, president of Xerox IT Solutions and chief technology officer at Xerox. “As organizations modernize how information flows across their business, our focus is on helping clients reduce complexity, improve visibility, and leverage AI-enabled workflows to drive greater efficiency, agility and long-term value."

Cloud-based print is increasingly part of a broader shift toward AI-enabled, integrated document workflows required as organizations accelerate digital transformation. Quocirca recognizes Xerox capabilities that extend beyond traditional print management into workflow automation, analytics, and intelligent document processing, helping organizations modernize infrastructure and improve operational efficiency.

For more information on the company’s cloud print offerings, visit www.xerox.com/en-us/services/managed-print-services/cloud-solutions.

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Xerox Introduces A4 Color Printers and MFPs as First Products Under Unified Brand

Tue, 23 Jun 2026 12:00:00 GMT

Xerox today introduced the Xerox® C240/C245, Xerox® C255a, and Xerox® C300/C303a/C305ae color printers and multifunction printers, the first hardware offerings launched under the unified Xerox brand following the company's integration with Lexmark.

Xerox now operates as a single technology company spanning print, IT infrastructure and intelligent digital services. The updated Xerox brand identity, including the refreshed logo, reflects the next phase of transformation into a stronger, more competitive technology company. The combined portfolio reflects capabilities from both organizations, and the Xerox C240/C245, Xerox C255a, and Xerox C300/C303a/C305ae are the first products to bring that combined portfolio to market.

"The integration of Xerox and Lexmark has expanded what we can deliver, and these products reflect that directly," said Jacques-Edouard Gueden, chief revenue officer at Xerox. "This product line gives our clients in the small workgroup segment a reliable, straightforward solution built on the combined resources of both companies, and our channel partners a stronger portfolio to sell."

Designed for Small Workgroups and Hybrid Environments

The A4 small workgroup segment represents a growing area of demand, driven by the expansion of hybrid work and the need for print solutions that can be deployed without dedicated IT support. The Xerox C240/C245, Xerox C255a, and Xerox C300/C303a/C305ae address that need directly with a compact footprint, simplified setup and built-in security.

Key capabilities include:

Ease of use: Intuitive interfaces, simplified setup and support for the Xerox® Easy Assist App and Xerox® Print and Scan Experience App help users install, manage, print and scan with ease. No IT support required.
Performance: The Xerox C240/C245 and Xerox C255a, are designed for reliable, consistent everyday use, while the Xerox C300/C303a/C305ae are also designed to support a broader range of small workgroup needs, including more demanding environments
Security: Built-in security features help protect devices, documents, and network access, with integrated post-quantum cryptography (PQC) support for future-ready protection against evolving cyber threats.
Compact design: Space-efficient form factors suited for small offices and shared workspaces
Sustainability: Energy-efficient operation and more than 50% post-consumer recycled plastic content aligned with Xerox commitment to responsible innovation

The Xerox C240/C245, Xerox C255a, and Xerox C300/C303a/C305ae are now shipping in North America, Western Europe, Australia, and New Zealand. Availability in additional regions will be announced as the global rollout continues. Learn more at xerox.com.

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Xerox Holdings Corporation Declares Dividend on Common and Preferred Stock

Wed, 20 May 2026 16:32:00 GMT

Xerox Holdings Corporation (NASDAQ: XRX) announced today that its board of directors declared a quarterly dividend of $0.025 per share on Xerox Holdings Corporation Common Stock. The dividend is payable on July 31, 2026, to shareholders of record on June 30, 2026.

The board also declared a quarterly dividend of $20.00 per share on the outstanding Xerox Holdings Series A Convertible Perpetual Preferred Stock. The dividend is payable on July 1, 2026, to shareholders of record on June 15, 2026.

About Xerox Holdings Corporation (NASDAQ: XRX)
Xerox has been redefining the workplace experience for over a century. As a services-led, software-enabled company, we power today’s hybrid workplace through advanced print, digital, and AI-driven technologies. In 2025 Xerox acquired Lexmark - expanding our global footprint, strengthening service capabilities, and equipping us to deliver an even broader portfolio of workplace technologies to our clients. Today, we continue our legacy of innovation to deliver client-centric, digitally driven solutions that meet the needs of a global, distributed workforce. Whether in offices, classrooms, or hospitals, we help our clients thrive in a constantly evolving business landscape.

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Xerox Named a Leader in Quocirca’s 2026 ACT Assessment

Tue, 12 May 2026 12:00:00 GMT

Xerox today announced it has been positioned as a Leader in Quocirca’s 2026 Automation & AI, Cloud & Technology assessment, which evaluates vendor capability across Automation & AI, Cloud, and Technology Ecosystems.

The Leader position reflects the breadth and maturity of the Xerox integrated portfolio, bringing together Automation and AI, Cloud, and ecosystem‑driven services to deliver tangible outcomes for clients. Building on a long heritage of simplifying work and modernizing workflows, Xerox now applies AI as a foundational capability across its offerings. This includes predictive maintenance, workflow automation, intelligent document processing, and production optimization, supported by cloud platforms and partner ecosystems to scale securely across distributed environments.

The ACT assessment recognizes vendors that demonstrate the strategic vision, execution strength, and integration required to move beyond standalone technologies and support enterprise‑wide transformation. Recognition in the Leader category underscores the evolution of Xerox into a services‑led, software‑enabled technology partner, helping organizations reduce complexity and adapt to changing work models.

“Xerox distinguishes itself in the ACT landscape through the depth, integration, and operational maturity of its automation, AI, and cloud capabilities,” said Louella Fernandes, CEO of Quocirca. “With intelligence embedded across devices, platforms, and services, reinforced by a strong technology ecosystem and growing IT services portfolio, Xerox exemplifies what we expect from ACT Leaders: a clear strategic vision, proven global execution, and the ability to act as a true pacesetter for customer transformation and innovation.”

The recognition also reflects the continued growth of Digital Services and Xerox IT Solutions, alongside progress integrating Lexmark, strengthening the ability of Xerox to deliver higher value, recurring digital and IT services at scale.

“This recognition reflects the progress we’ve made integrating AI, automation, cloud, and IT into a more connected platform that helps clients simplify operations and adapt more quickly to changing business demands,” said Munu Gandhi, president of Xerox IT Solutions and chief technology officer at Xerox. “As we continue to scale the business, we remain focused on delivering practical innovation, operational excellence, and long-term value for our clients.”

For more information, visit www.xerox.com.

About Xerox Holdings Corporation (NASDAQ: XRX)

Xerox has been redefining the workplace experience for over a century. As a services-led, software-enabled company, we power today’s hybrid workplace through advanced print, digital, and AI-driven technologies. In 2025, Xerox acquired Lexmark, expanding our global footprint, strengthening service capabilities, and equipping us to deliver an even broader portfolio of workplace technologies to our clients. Today, we continue our legacy of innovation to deliver client-centric, digitally driven solutions that meet the needs of a global, distributed workforce. Whether in offices, classrooms, or hospitals, we help our clients thrive in a constantly evolving business landscape.

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Xerox Releases First-Quarter Results

Wed, 29 Apr 2026 13:21:00 GMT

Financial Summary

Q1 2026

Revenue of $1.85 billion, up 26.7 percent, or 23.6 percent in constant currency¹. On a pro forma² basis, revenue is down 3.7 percent.
GAAP net (loss) of $(105) million, or $(0.84) per share, down $15 million or $0.09 per share, year-over-year, respectively.
Normalized Adjusted³ net (loss) of $(10) million, or $(0.11) per share, down $3 million or $0.02 per share, year-over-year, respectively.
Adjusted¹ net (loss) of $(51) million, or $(0.43) per share, down $47 million or $0.37 per share, year-over-year, respectively.
Adjusted¹ operating income of $72 million, up $50 million year-over-year.
Adjusted¹ operating margin of 3.9 percent, up 240 basis points year-over-year.
Operating cash flow of $(144) million, down $55 million year-over year, reflecting expected Q1 seasonality.
Free cash flow¹ of $(165) million, down $56 million year-over-year. Full-year free cash flow guidance of approximately $250 million is unchanged, implying greater than $400 million of cash generation over the remaining three quarters.

News Release	Related Earnings Documents	Webcast and Multimedia
First-Quarter Results (PDF, 811KB)	Xerox Q1 2026 Earnings Presentation (PDF, 1.97 MB) Xerox Q1 2026 Non-GAAP Measures (PDF, 1.06 MB) Xerox Q1 2026 Financial Model (PDF, 372 KB) or (Excel, 4.4 MB)	Webcast Replay: Conference Call

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Xerox Launches Xerox IT as a Service to Help Simplify Technology, Reduce Risk for SMB Market

Tue, 28 Apr 2026 13:00:00 GMT

Xerox today announced the launch of Xerox^® IT as a Service, an AI-powered ServiceNow platform that transforms how organizations operate and manage technology.

Xerox ITaaS unifies managed services, automation, procurement, and real-time intelligence into a single IT operating system, enabling organizations to move from reactive support models to autonomous operations.

As organizations face increasing complexity, from distributed infrastructure and rising cyber threats to mounting cost pressures, traditional managed services models are reaching their limits. Xerox ITaaS introduces a new approach: intelligent, platform-based IT delivery designed for scale, resilience and efficiency.

Built on the ServiceNow^® AI Platform, Xerox ITaaS extends enterprise-grade workflow automation and intelligence across the entire IT lifecycle. Purpose-built for SMB and commercial mid-market organizations, the platform delivers simplified IT operations without the complexity traditionally required to deploy and manage it. By connecting infrastructure, workflows, and decision-making in real time, Xerox ITaaS replaces fragmented tools and manual processes with a unified system that enables predictive insights, automated workflows and self-healing capabilities.

“For decades, IT services have been delivered through people, tickets, and reactive workflows. That model is no longer sufficient,” said Munu Gandhi, president of Xerox IT Solutions and chief technology officer at Xerox. “Xerox IT as a Service represents a fundamental shift by bringing together AI, automation, and platform-based delivery to enable autonomous IT operations. We’re delivering an enterprise-grade platform that allows mid-market organizations to operate with the same intelligence, automation, and control as the largest companies.”

The platform integrates four core capabilities:

Intelligent Operations: Predictive monitoring and self-healing infrastructure.

AI-Driven Automation: Workflow orchestration that reduces manual effort.

Integrated Procurement & Lifecycle Management: End-to-end visibility and control of assets and services.

Real-Time Intelligence: Dashboards and insights that connect IT performance to business outcomes.

Powered by the industry‑leading ServiceNow workflow engine and strengthened by Xerox infrastructure expertise, the platform enables organizations to transition from managing IT to operating IT autonomously. Collectively, the partnership delivers enterprise‑level performance, visibility, control, and automation at scale to organizations that previously lacked access to these capabilities.

"As enterprises transition from AI ambition to AI execution, reliable partnerships are more important than ever before," said Jen Odess, group vice president, Americas Global Partnerships & Channels at ServiceNow. "Xerox IT as a Service, built on the ServiceNow AI Platform, helps growing businesses simplify technology management, reduce risk, and operate with the efficiency and insight they need to excel. This collaboration highlights the power of innovation when deep enterprise expertise is supported by an AI platform built for scale."

The launch of Xerox ITaaS reflects the broader transformation of Xerox from a product-centric company to a services-led, AI-enabled platform provider. It also represents a strategic expansion of enterprise-grade capabilities into the SMB and mid-market segment where organizations are increasingly expected to operate with that level of sophistication but often lack the tools and resources to do so.

Fresh Thyme Market, an early adopter of Xerox ITaaS, is already seeing the impact of this new approach.

“As our business grew, managing IT became increasingly complex,” said Craig Diggs, director of Technology, Fresh Thyme Market. “With Xerox ITaaS, we’re gaining real-time visibility and more predictable operations. It’s not just improving stability. It’s changing how we think about operating our technology and giving us capabilities we typically associate with much larger enterprises.”

Xerox IT as a Service is available across the United States, with global expansion planned throughout 2026. For more details, visit www.xerox.com/ITaaS.

About Xerox Holdings Corporation (NASDAQ: XRX)
Xerox has been redefining the workplace experience for over a century. As a services-led, software-enabled company, we power today’s hybrid workplace through advanced print, digital, and AI-driven technologies. In 2025, Xerox acquired Lexmark — expanding our global footprint, strengthening service capabilities, and equipping us to deliver an even broader portfolio of workplace technologies to our clients. Today, we continue our legacy of innovation to deliver client-centric, digitally driven solutions that meet the needs of a global, distributed workforce. Whether in offices, classrooms, or hospitals, we help our clients thrive in a constantly evolving business landscape.

© 2026 Xerox Corporation. All rights reserved. Xerox® is a trademark of Xerox in the United States and/or other countries. ServiceNow and other ServiceNow marks are trademarks and/or registered trademarks of ServiceNow, Inc., in the United States and/or other countries.

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Xerox Board of Directors Appoints Louie Pastor as Chief Executive Officer

Mon, 30 Mar 2026 12:30:00 GMT

Xerox Holdings Corporation (NASDAQ: XRX) today announced that Steve Bandrowczak will step down as Chief Executive Officer, and the Board of Directors has appointed Louie Pastor as Chief Executive Officer, effective immediately.

“On behalf of the Board and the entire Xerox team, I want to thank Steve for his leadership during a pivotal period for the company, including the successful acquisitions and integrations of Lexmark and ITsavvy,” said Scott Letier, Chairman of the Xerox Board of Directors. “Louie brings a strong combination of operational discipline, strategic insight, and deep familiarity with Xerox. Throughout his time with the company, he has played a central role in advancing our strategy, strengthening our operating model, and driving enterprise-wide transformation. The Board is confident that Louie’s leadership and focus on execution will position Xerox well as we continue to build momentum and deliver on our strategic and financial objectives.”

Pastor most recently served as President and Chief Operating Officer of Xerox, where he played a central role in advancing the company’s strategy and driving operational performance. In this role, he led enterprise transformation, global service delivery, revenue operations, marketing and communications, and the company’s people and technology organizations, helping accelerate Xerox’s growth initiatives.

“I am honored to step into the role of CEO and lead Xerox into its next chapter,” said Louie Pastor, chief executive officer of Xerox. “Steve’s leadership has been instrumental in strengthening the company’s foundation and positioning Xerox for long‑term success. We have a strong team and a clear focus on execution. I look forward to driving results and delivering on our priorities.”

“It has been a privilege to lead Xerox during a period of significant change for our industry,” said Bandrowczak. “Over the past several years, we have taken important steps to strengthen the company, and I am proud of the resilience of our team. I appreciate the support of the Board and leadership team during my tenure and wish the company well in its next chapter. I’m confident Louie will lead the company with the focus and execution discipline this moment requires.”

The company is reaffirming its full-year 2026 guidance and remains on track to deliver on its financial and operational targets.

About Xerox Holdings Corporation (NASDAQ: XRX)

Xerox has been redefining the workplace experience for over a century. As a services-led, software-enabled company, we power today’s hybrid workplace through advanced print, digital, and AI-driven technologies. In 2025, Xerox acquired Lexmark — expanding our global footprint, strengthening service capabilities, and equipping us to deliver an even broader portfolio of workplace technologies to our clients. Today, we continue our legacy of innovation to deliver client-centric, digitally driven solutions that meet the needs of a global, distributed workforce. Whether in offices, classrooms, or hospitals, we help our clients thrive in a constantly evolving business landscape.

Forward-Looking Statement

This press release contains statements which are not historical facts that are considered forward-looking statements under federal securities laws and may be identified by words such as “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “potential,” “predicts,” “projects,” “seeks,” “should,” “will,” “would,”, “could,”, “can,” “should,” “targeting,” “projecting,” “driving,” “future,” “plan,” “predict,” “may” or words of similar meaning and include, but are not limited to, statements regarding the Joint Venture Financing. Forward-looking statements are not guarantees of future performance and the Company’s actual results may differ significantly from the results discussed in the forward-looking statements. These forward-looking statements speak only as of the date of this document or as of the date to which they refer, and we assume no obligation to update any forward-looking statements as a result of new information or future events or developments, except as required by law. Factors that might cause such differences include, but are not limited to, those discussed in the Company’s Securities and Exchange Commission filings, including the Company’s reports on Forms 10-K and 10-Q. The Company assumes no obligation to revise or update any forward-looking statements for any reason, except as required by law.

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Xerox Named a Leader in Quocirca AI Vendor Landscape 2026 Report

Wed, 04 Mar 2026 15:58:00 GMT

Xerox has been named a leader in the Quocirca AI Vendor Landscape 2026, underscoring the company’s position at the forefront of AI-enabled print, workflow, and digital transformation technologies. The report recognizes the company for its AI-first innovation strategy, comprehensive AI workflow ecosystem, and early adoption of agentic AI. This marks the second consecutive year the company has achieved a leadership ranking in the annual assessment.

Quocirca, a global research firm specializing in the evolution of print and digital technologies in the modern workplace, evaluates vendors on the strength and execution of their AI strategies, portfolios and innovation.

“Xerox is building the next generation of intelligent workplace and production solutions with AI, cloud, and automation at the center,” said Stephen Miller, chief digital officer at Xerox. “AI is infused throughout our products, services, and internal operations, and this recognition from Quocirca highlights the strength of our AI-first strategy and the meaningful outcomes we’re delivering for clients and partners.”

A Comprehensive AI Workflow Ecosystem

The report highlights the depth of the company's AI workflow ecosystem, powered by Global Capture and Intelligent Document Processing (IDP) platforms that unify technologies across the document lifecycle. Solutions such as ConnectKey® Apps, the Xerox® Workflow Central Platform, and Xerox® EveryDoc™ IDP App help organizations automate processes and streamline complex workflows. These capabilities are reinforced by AI-enabled print technologies, including the Xerox® AltaLink® 8200 Series, the industry’s first AI-assisted multifunction printer.

“Xerox continues to perform strongly across AI-enabled print and workflow innovation,” said Louella Fernandes, CEO of Quocirca. “Its comprehensive and tightly integrated AI ecosystem showcases both depth and maturity. The company’s strategic focus on agentic AI and responsible governance positions it as a leader in driving the next phase of intelligent workplace transformation.”

Agentic AI Strategy Accelerates Innovation

Quocirca notes the company’s early adoption of embedding agentic AI across solutions and services to enable autonomous processes, enhanced decision making and faster issue resolution. Through its X.Assist framework of AI agents, the company aims for AI agents to optimize or execute 50–70% of work by 2027. These agents support functions such as predictive service, inventory management, workflow orchestration and client support.

AI-Driven Managed Print Services and Lexmark Integration

Quocirca also cites several other strengths for Xerox, including:

Advanced managed print services with AI-driven analytics that optimize print environments and support predictive service.
New opportunities created through the Lexmark integration, expanding capabilities in workflow automation, device management, SIEM integration, retail solutions and predictive service.
AI tools that help clients advance sustainability goals through reduced waste, optimized device usage and proactive service delivery.

For more information on Xerox AI functionality, please visit: www.xerox.com.

About Xerox Holdings Corporation (NASDAQ: XRX)

Xerox has been redefining the workplace experience for over a century. As a services-led, software-enabled company, we power today’s hybrid workplace through advanced print, digital, and AI-driven technologies. In 2025, Xerox acquired Lexmark — expanding our global footprint, strengthening service capabilities, and equipping us to deliver an even broader portfolio of workplace technologies to our clients. Today, we continue our legacy of innovation to deliver client-centric, digitally driven solutions that meet the needs of a global, distributed workforce. Whether in offices, classrooms, or hospitals, we help our clients thrive in a constantly evolving business landscape.

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Xerox Expands Unified Market Approach with Broader A3 Portfolio Following Lexmark Acquisition

Mon, 02 Mar 2026 13:00:00 GMT

Xerox has further unified its print go-to-market structure, bringing the Xerox and Lexmark sales forces together around an increasingly integrated portfolio of printers, MFPs, software and services. Through this integration, legacy Xerox clients and partners worldwide now have access through their sellers to the Lexmark® 9-Series line of printers, extending the company’s A3 platform with a line known for its versatility, simplicity, serviceability and sustainability.

Compatibility between Lexmark devices and Xerox® Managed Print Services, print solutions, app and Xerox® Workflow Central reinforces a consistent and scalable operating model across enterprise and departmental environments, including back office, retail, healthcare and manufacturing.

“This is more than an integration milestone. It marks a meaningful step forward in how we operate and go to market,” said Jacques-Edouard Gueden, chief revenue officer at Xerox. “By aligning our teams behind a unified portfolio and sales model, we are strengthening reliability, operational consistency and long-term value for our clients. This is Reinvention in action, simplifying our core and driving sustainable growth.”

The 9-Series platform, built in-house and engineered for long-term performance, is structured around four core attributes:

Versatility: Whether supporting front-office teams or high-volume production environments, the platform handles a wide range of media sizes (A6 to SRA3), demanding duty cycles, and advanced finishing needs. Professional color features, including PANTONE® calibration, help clients produce polished, consistent output.
Simplicity: An intuitive interface with clear prompts helps users complete everyday tasks quickly and confidently. Clients benefit from the peace of mind that comes with the industry’s most comprehensive security portfolio, delivered as a standard feature right out of the box.
Serviceability: The 9-Series uses long-life components and a streamlined design with fewer parts to help reduce the risk of technical issues. Routine maintenance is designed to minimize disruption, toner can be replaced with one hand, service points are clearly marked, and guided visual cues simplify common actions reducing downtime and keeping work moving.
Sustainability: With industry-leading post-consumer recycled (PCR) content (56% by weight for base-model MFPs and 73% for the base-model printer, based on IEEE calculation procedures¹), the 9-Series helps lower environmental impact across the product lifecycle helping businesses meet performance needs while advancing environmental commitments.

Unified software and workflow experience

Xerox and Lexmark printers and MFPs also now support software and apps including Xerox^® Easy Assist, Xerox^® Print & Scan Experience, Xerox App Gallery, and ConnectKey apps. Cloud connectors and workflow applications such as Xerox^® Translate & Print and Xerox Workflow Central allow organizations to standardize processes, simplify fleet management and accelerate digital processes across mixed device environments.

For more information, visit www.xerox.com.

About Xerox Holdings Corporation (NASDAQ: XRX)
Xerox has been redefining the workplace experience for over a century. As a services-led, software-enabled company, we power today’s hybrid workplace through advanced print, digital, and AI-driven technologies. In 2025, Xerox acquired Lexmark—expanding our global footprint, strengthening service capabilities, and equipping us to deliver an even broader portfolio of workplace technologies to our clients. Today, we continue our legacy of innovation to deliver client-centric, digitally driven solutions that meet the needs of a global, distributed workforce. Whether in offices, classrooms, or hospitals, we help our clients thrive in a constantly evolving business landscape.

© 2026 Xerox Corporation. All rights reserved. Xerox® and ConnectKey ® are trademarks of Xerox Corporation in the Unite LC. d States and/or other countries. Lexmark® is a trademark of Lexmark International, Inc. PANTONE® is a trademark of Pantone LLC.

¹ PCR content measured in accordance with IEEE Std 1680.2a™ - 2017 Standard for Environmental Assessment of Imaging Equipment - Amendment 1 — which is the standard used by EPEAT.

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Xerox showcases next-generation presses and ecosystem innovation at Future of Xerox Production Print

Tue, 24 Feb 2026 09:00:00 GMT

Feb. 24, 2026 — Xerox today opened The Future of Xerox Production Print, a four-day event for commercial print providers, channel partners and industry leaders across Europe, the Middle East and Africa. Taking place at the Xerox Innovation Centre in Uxbridge, the event features hands-on demonstrations, technology previews and executive briefings designed to accelerate growth in the production print market.

"Print providers are at a defining moment where intelligence, automation and differentiation will separate leaders from followers," said Terry Antinora, president of Global Production Print Services at Xerox. "Production print is a strategic pillar for Xerox, and we are investing boldly in high-speed inkjet, AI-driven workflow and digital embellishment to help our clients enter a new era of print."

Throughout the event, Xerox will demonstrate its end-to-end production ecosystem, highlighting how connected workflows, automation and digital enhancements create a more efficient and integrated production environment. The event also marks the global debut of several new technologies, including:

New Xerox® Proficio™ PX300 – a compact digital color press that combines automation, ultra HD image quality, an optional fifth color station and application versatility, helping small print providers deliver higher-value work.

New Xerox® Proficio™ PX500 – a high-speed, high-volume digital press built to scale with growing print operations. The PX500 delivers advanced automation, exceptional image quality, robust media handling and an optional fifth color station that expands into premium applications and extends color gamut to hit a broader range of high-value print opportunities.

New Xerox® IJP900 Inkjet Press – a mid-volume inkjet press that helps print providers expand into transactional and direct mail applications with high-impact color while improving efficiency through streamlined operation and integrated workflow automation.

Xerox® PrimeLink® C9200 Series – entry-level production color printers now featuring FOGRA-certified color with the EX Fiery print server, expanded envelope support, advanced finishing options and productivity tools that streamline job management.

Xerox FreeFlow® Vision Connect Software – a cloud-based production monitoring and analytics platform with faster onboarding, expanded predictive monitoring, and new support for the Xerox IJP900 Inkjet Press.

Together, these presses and workflow software expand opportunities for print providers across high-quality color, high-volume inkjet, and automated production, offering more ways to streamline operations, capture new markets and accelerate growth. 

For more information on Xerox Production Print solutions, visit xerox.com. 

About Xerox Holdings Corporation (NASDAQ: XRX)

Xerox has been redefining the workplace experience for over a century. As a services-led, software-enabled company, we power today’s hybrid workplace through advanced print, digital, and AI-driven technologies. In 2025, Xerox acquired Lexmark - expanding our global footprint, strengthening service capabilities, and equipping us to deliver an even broader portfolio of workplace technologies to our clients. Today, we continue our legacy of innovation to deliver client-centric, digitally driven solutions that meet the needs of a global, distributed workforce. Whether in offices, classrooms, or hospitals, we help our clients thrive in a constantly evolving business landscape.

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Xerox Holdings Corporation Declares Dividend on Common and Preferred Stock

Fri, 20 Feb 2026 03:15:00 GMT

Xerox Holdings Corporation (NASDAQ: XRX) announced today that its board of directors declared a quarterly dividend of $0.025 per share on Xerox Holdings Corporation Common Stock. The dividend is payable on April 30, 2026, to shareholders of record on March 31, 2026.

The board also declared a quarterly dividend of $20.00 per share on the outstanding Xerox Holdings Series A Convertible Perpetual Preferred Stock. The dividend is payable on April 1, 2026, to shareholders of record on March 15, 2026.

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Xerox Raises $450 Million for New Joint Venture to Strengthen Balance Sheet and Support Long-Term Strategy

Tue, 17 Feb 2026 14:15:00 GMT

Feb. 17, 2026 — Xerox Holdings Corporation (NASDAQ: XRX) (“Xerox” or the “Company”) today announced the formation and capitalization of a new joint venture (the “Joint Venture”) between Xerox and TPG, a leading global alternative asset management firm. The Joint Venture is structured as an intellectual property holding and licensing entity designed to manage, protect, and monetize certain Xerox IP assets.

The Joint Venture has raised $450 million in aggregate principal amount of financing led by TPG’s credit business, TPG Credit, with participation from other investors, consisting of senior secured term loans and preferred equity (the “Joint Venture Financing”). The proceeds of the Joint Venture Financing were distributed to Xerox and are expected to be used for general corporate purposes, including augmenting liquidity, accelerating the Company’s Reinvention (including the Lexmark integration), and opportunistically addressing the Company’s capital structure over time, which may include the redemption or repayment of debt.

In connection with the Joint Venture Financing, certain subsidiaries of Xerox contributed specific intellectual property assets to the Joint Venture in exchange for equity interests. As part of this structure, Xerox and the Joint Venture entered into a long-term shared services and license agreement that preserves the Company’s full, uninterrupted ability to use the Xerox name, trademark, and other transferred IP across all global operations, ensuring continuity in how Xerox presents itself and serves clients.

“This financing strengthens our balance sheet and completes the liquidity‑enhancing actions we began in the fall, with the objective of ensuring Xerox is well-capitalized and positioned to advance our long‑term strategy,” said Louie Pastor, president and chief operating officer at Xerox. “The acquisitions of ITsavvy and Lexmark created a diversified and scaled platform that positions us to deliver meaningful value for our clients, partners, and shareholders, starting with our guidance of more than $200 million in expected operating income growth in 2026. The Joint Venture builds on these efforts and enables Xerox to unlock additional value from our well recognized trademark and intellectual property assets. We look forward to partnering with TPG and leveraging their support as we continue executing this disciplined transformation.”

“TPG is pleased to be a capital partner to Xerox and have the opportunity to help strengthen its balance sheet and support the execution of its long‑term growth strategy,” said Joe Lenz, Partner and Co‑Head of Research, TPG Credit Solutions.

Advisors

Lazard is serving as financial advisor to Xerox and Kirkland & Ellis LLP is serving as legal advisor. Wachtell, Lipton, Rosen & Katz is serving as legal advisor to TPG in connection with the transactions.

About Xerox Holdings Corporation (NASDAQ: XRX)

Xerox has been redefining the workplace experience for over a century. As a services-led, software-enabled company, we power today’s hybrid workplace through advanced print, digital, and AI-driven technologies. In 2025 Xerox acquired Lexmark - expanding our global footprint, strengthening service capabilities, and equipping us to deliver an even broader portfolio of workplace technologies to our clients. Today, we continue our legacy of innovation to deliver client-centric, digitally driven solutions that meet the needs of a global, distributed workforce. Whether in offices, classrooms, or hospitals, we help our clients thrive in a constantly evolving business landscape.

About TPG

TPG is a leading global alternative asset management firm, founded in San Francisco in 1992, with $303 billion of assets under management and investment and operational teams around the world. TPG invests across a broadly diversified set of strategies, including private equity, impact, credit, real estate, and market solutions, and our unique strategy is driven by collaboration, innovation, and inclusion. Our teams combine deep product and sector experience with broad capabilities and expertise to develop differentiated insights and add value for our fund investors, portfolio companies, management teams, and communities.

Forward-Looking Statement

Media Contacts

Justin Capella, Xerox, Justin.Capella@xerox.com

Katherine Segura, TPG, media@tpg.com

Investor Contact

Greg Stein, Xerox, Greg.Stein@xerox.com

Xerox^® is a trademark of Xerox in the United States and/or other countries.

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Xerox Announces New Global Print Go-to-Market Structure to Accelerate Growth and Expand Market Leadership

Mon, 16 Feb 2026 17:00:00 GMT

Xerox today announced a redesigned global Print go-to-market structure that unifies sales engagement, sharpens regional focus, and positions the company to reclaim market share and drive growth across key solution areas. This evolution reinforces the company’s commitment to disciplined execution, partner-led expansion, and profitable coverage models. The structure will be in effect in the second quarter of 2026.

“Unifying the Xerox–Lexmark sales model allows us to eliminate redundancies, improve efficiency, and increase our ability to deliver value as we sharpen our focus on sustained revenue, profitability, and long-term performance,” said Jacques-Edouard Gueden, chief revenue officer at Xerox. “With a go-to-market model aligned to each region and supported by strong partners and experienced teams, we are building a sales engine that is more focused, more efficient, and better positioned to compete.”

The model is built around a streamlined, integrated sales system that enables stronger client outcomes, reduced service costs, and increased sales efficiency while tapping into high-value opportunities in Print, IT Solutions and Digital Services, and Graphic Communications.

A Global Structure Aligned to Regional Realities

The updated Print go-to-market framework is organized into three regional models, North America, Western Europe, and the rest of the world, supported by a dedicated Global Production Print Services division and two specialized teams focused on Distribution and Inside Sales.

Key elements include:

North America and Western Europe coverage redesigned to a unified segmentation model. Direct sales will concentrate on Enterprise and Corporate clients, while partners take on expanded hardware fulfillment and SMB coverage supported by Inside Sales, strengthening consistency, scalability, and operational simplicity across both regions.

Introduction of a global go-to-market framework for Graphic Communications, designed to fully leverage the company’s refreshed production print portfolio.

Rest of the World organized into two distinct operating units:

A dedicated Asia Pacific organization, focused on accelerating growth in priority markets through targeted share-gain initiatives and stronger partner orchestration.

An International Operations organization covering the remaining geographies, operating under a cost-efficient hybrid model designed to protect profitability while maintaining selective growth focus.

Leadership Appointments

To support the new structure, Xerox has appointed the following leaders:

Clay Mooring – North America Managed Accounts

Karl Boissonneault – North America Channels and Partners

Thomas Valjak – Western Europe Channels and Partners

Danny Molhoek – Western Europe Managed Accounts

Cindy Arbeau – Xerox Digital Sales

Mandeep Saini – APAC, OEM, and Alliances

David Dyas – International Operations

Yolanda Camberos – Distribution Operations

Terry Antinora – Global Production Print Services

About Xerox Holdings Corporation (NASDAQ: XRX)

Xerox has been redefining the workplace experience for over a century. As a services-led, software-enabled company, we power today’s hybrid workplace through advanced print, digital, and AI-driven technologies. In 2025, Xerox acquired Lexmark - expanding our global footprint, strengthening service capabilities, and equipping us to deliver an even broader portfolio of workplace technologies to our clients. Today, we continue our legacy of innovation to deliver client-centric, digitally driven solutions that meet the needs of a global, distributed workforce. Whether in offices, classrooms, or hospitals, we help our clients thrive in a constantly evolving business landscape.

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Xerox Distributes Pro Rata Warrants to Enhance Shareholder Value and Accelerate Deleveraging

Thu, 12 Feb 2026 12:57:00 GMT

NORWALK, Conn., Feb. 12, 2026 — Xerox Holdings Corporation (NASDAQ: XRX) (“Xerox” or the “Company”) today announced the distribution of warrants to purchase shares of Xerox common stock (the “Warrants”), to its eligible securityholders on February 12, 2026 (the “Distribution Date”), in accordance with its previously announced pro rata warrant distribution.

As previously announced, holders of record of Xerox common stock as of February 9, 2026 (the “Record Date”) received one (1) Warrant for every two (2) shares of Xerox common stock held, rounded down to the nearest whole Warrant. Holders of record of Xerox’s 3.75% Convertible Senior Notes due 2030 and Series A Convertible Perpetual Voting Preferred Stock as of the Record Date also received Warrants on a pass-through basis in accordance with the terms governing such securities.

“This action is part of a deliberate sequence of steps we are taking to leverage fit-for-purpose financing structures and instruments designed to strengthen our balance sheet and improve our capital structure in support of our long-term objective of creating sustainable shareholder value,” said Louie Pastor, president and chief operating officer at Xerox. “The pro-rata warrant distribution reinforces our focus on enhancing liquidity and accelerating deleveraging as we continue to see improving operating trends and integration progress.”

Warrant Terms

Eligibility: Holders of record of Xerox common stock as of February 9, 2026 (the “Record Date”) are eligible to receive Warrants. Holders of Xerox’s Series A Convertible Perpetual Voting Preferred Stock and 3.75% Convertible Senior Notes due 2030 as of the Record Date were also eligible to receive Warrants on a pass-through basis in accordance with the terms governing such securities. Investors should contact their brokers with any questions regarding their holder status.

Distribution Ratio: One (1) Warrant for every two (2) shares of Xerox common stock held as of the Record Date, rounded down to the nearest whole Warrant. No fractional Warrants were issued.

Exercise Price: $8.00 per share of Xerox common stock, subject to certain anti-dilution adjustments and/or amendments as provided in the warrant agreement.

Exercise Methods:

With cash, at any time prior to expiration of the Warrants, and

Using designated outstanding Xerox debt securities at any time prior to the earlier of the expiration of the Warrants and the Bond Exercise Termination (as defined below).

For purposes of exercise using debt securities, a specified principal amount of designated Xerox debt securities will be deemed to satisfy the applicable warrant exercise price, as set forth in the warrant agreement.

The following Xerox debt securities are initially designated as eligible for exercise of the Warrants:

5.500% Senior Unsecured Notes due 2028;

8.875% Senior Unsecured Notes due 2029;

3.750% Senior Unsecured Convertible Notes due 2030;

13.000% Step Up Senior Notes due 2030;

10.250% Senior Secured First Lien Notes due 2030;

13.500% Senior Secured Second Lien Notes due 2031;

4.800% Senior Unsecured Notes due 2035; and

6.750% Senior Unsecured Notes due 2039.

Designated Notes Exercise Mechanics: Xerox’s designated notes were issued in multiple authorized denominations, including $2,000, $1,000, and $1, which require different minimum delivery amounts to permit whole-warrant exercises and avoid fractional settlements. For designated notes with an authorized denomination of $2,000, delivery of one note entitles the Holder to exercise 250 Warrants for 250 shares of Xerox common stock, and for designated notes with an authorized denomination of $1,000, delivery of one note entitles the Holder to exercise 125 Warrants for 125 shares. Holders of designated notes with an authorized denomination of $1 must deliver a minimum of $8 in face value to exercise one Warrant for one share of Xerox common stock.

Expiration: The Warrants will expire at 5:00 p.m. New York City time on February 11, 2028, unless an early expiration price condition is triggered.

Notes Exercise Termination: The right to exercise Warrants using one or more series of designated debt securities will terminate if, during any period of thirty (30) consecutive trading days, there are at least twenty (20) trading days (whether or not consecutive) on which the volume-weighted average price (“VWAP”) of Xerox common stock equals or exceeds 50% of the then-applicable exercise price, as further described in the warrant agreement. Following the satisfaction of this condition, the Warrants will remain exercisable for cash in accordance with their terms. The Company may, at its discretion, redesignate certain or all debt securities as eligible for exercise under the warrant agreement.

Early Expiration Price Condition: The Early Expiration Price Condition will be satisfied if, during any period of thirty (30) consecutive trading days, there are at least twenty (20) trading days (whether or not consecutive) on which the VWAP of Xerox common stock equals or exceeds 100% of the then-applicable exercise price. Upon satisfaction of this condition, the Warrants will expire at 5:00 p.m. New York City time on the business day immediately following such twentieth (20th) trading day, or such other date as the Company may elect in accordance with the warrant agreement.

Listing: Xerox has applied to list the Warrants for trading on Nasdaq under the symbol XRXDW, subject to applicable approvals.

Additional Information
Additional details regarding the warrant distribution, including key dates, designated debt securities, and exercise procedures, will be provided in the warrant agreement and related investor materials available in the Warrant Q&A section of the Company’s website.

Transaction Advisors
B. Dyson Capital Advisors is serving as an Exclusive Financial and Warrant Structuring Advisor to Xerox. Kirkland & Ellis LLP is serving as legal counsel to Xerox.

No Offer or Solicitation
This press release is for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The issuance of the Warrants has not been registered under the Securities Act of 1933, as amended (the “Securities Act”), as the distribution of a warrant for no consideration does not constitute a sale of a security under Section 2(a)(3) of the Securities Act. A prospectus and Form 8-A registration statement describing the terms of the Warrants and the underlying Common Stock have been filed with the SEC and are available on the SEC’s website located at http://www.sec.gov. Holders should read the prospectus carefully, including the Risk Factors section included and incorporated by reference therein.

This press release contains a general summary of the Warrants. Please read the warrant agreement relating to the Warrants as it will contain important information about the terms of the Warrants.

Forward-Looking Statement
This press release contains statements which are not historical facts that are considered forward-looking statements under federal securities laws and may be identified by words such as “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “potential,” “predicts,” “projects,” “seeks,” “should,” “will,” “would,”, “could,”, “can,” “should,” “targeting,” “projecting,” “driving,” “future,” “plan,” “predict,” “may” or words of similar meaning and include, but are not limited to, statements regarding the potential benefits of the warrant distribution. Forward-looking statements are not guarantees of future performance and the Company’s actual results may differ significantly from the results discussed in the forward-looking statements. These forward-looking statements speak only as of the date of this document or as of the date to which they refer, and we assume no obligation to update any forward-looking statements as a result of new information or future events or developments, except as required by law. Factors that might cause such differences include, but are not limited to, those discussed in the Company’s Securities and Exchange Commission filings, including the Company’s reports on Forms 10-K and 10-Q. The Company assumes no obligation to revise or update any forward-looking statements for any reason, except as required by law.

About Xerox Holdings Corporation (NASDAQ: XRX)
Xerox has been redefining the workplace experience for over a century. As a services-led, software-enabled company, we power today’s hybrid workplace through advanced print, digital, and AI-driven technologies. In 2025, Xerox acquired Lexmark - expanding our global footprint, strengthening service capabilities, and equipping us to deliver an even broader portfolio of workplace technologies to our clients. Today, we continue our legacy of innovation to deliver client-centric, digitally driven solutions that meet the needs of a global, distributed workforce. Whether in offices, classrooms, or hospitals, we help our clients thrive in a constantly evolving business landscape.

Media Contact:

Justin Capella, Xerox, +1-203-258-6535, Justin.Capella@xerox.com

Investor Contact:

Greg Stein, Xerox, +1-203-598-9080, Greg.Stein@xerox.com 

Xerox® is a trademark of Xerox in the United States and/or other countries.

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Xerox Releases Fourth-Quarter and Full-Year Results

Thu, 29 Jan 2026 11:30:00 GMT

Financial Summary

Q4 2025

Revenue of $2.03 billion, up 25.7 percent, or 23.6 percent in constant currency¹. On a pro forma² basis, revenue down 9.0 percent.

GAAP net (loss) of $(73) million, or $(0.60) per share, an increased loss of $52 million or $(0.40) per share, year-over-year, respectively.

Adjusted¹ net (loss) of $(8) million, or $(0.10) per share, down $57 million or $(0.46) per share, year-over-year, respectively.

Adjusted¹ operating margin of 5.0 percent, down 140 basis points year-over-year.

Operating cash flow of $208 million, down $143 million year-over-year.

Free cash flow¹ of $184 million, down $150 million year-over-year.

FY 2025

Revenue of $7.02 billion, up 12.9 percent, or 12.2 percent in constant currency¹. On a pro forma² basis, revenue down 7.6 percent.

GAAP net (loss) of $(1.03) billion, or $(8.25) per share, an improvement of approximately $0.3 billion or $2.50 per share, year-over-year, respectively. 2024 includes an after-tax non-cash goodwill impairment charge of $1.0 billion, or $8.17 per share.
Adjusted¹ net (loss) of $(62) million, or $(0.60) per share, down $197 million or $1.57 per share, year-over-year, respectively.

Adjusted¹ operating margin of 3.5 percent, down 140 basis points year-over-year.

Operating cash flow of $224 million, down $287 million year-over-year.

Free cash flow¹ of $133 million, down $334 million year-over-year.

* 2025 free cash flow guidance did not anticipate the accounting treatment of pre-existing intercompany balances between Xerox and Lexmark. U.S. GAAP requires it to be recorded within operating cash flow instead of being treated as part of the purchase price within investing. Because of this, following Q3 earnings we reclassified $43 million from investing cash flow to operating cash flow. This adjustment had no impact on actual cash, no impact on underlying cash generation, and no impact on Q4 free cash flow.

News Release	Related Earnings Documents	Webcast and Multimedia
Fourth-Quarter and Full-Year Results (PDF, 811KB)	Xerox Q4 2025 Earnings Presentation (PDF, 1.97 MB) Xerox Q4 2025 Non-GAAP Measures (PDF, 1.11 MB) Xerox Q4 2025 Financial Model (PDF, 337 KB) or (Excel, 4.3 MB)	Webcast Replay: Conference Call

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Xerox Announces Pro Rata Warrant Distribution to Enhance Shareholder Value and Accelerate Deleveraging

Wed, 28 Jan 2026 13:00:00 GMT

Xerox Holdings Corporation (NASDAQ: XRX) (“Xerox” or the “Company”) today announced that its Board of Directors has approved a pro-rata distribution of warrants to holders (collectively, the “Eligible Holders”) of Xerox’s common stock, par value $1.00 per share (the “Common Stock”), Series A Convertible Perpetual Voting Preferred Stock (the “Series A Preferred Stock”) and 3.75% Convertible Senior Notes due 2030 (the “Convertible Notes”), as part of the Company’s ongoing capital structure and balance sheet optimization initiatives.

Xerox is committed to strengthening its balance sheet, optimizing its capital structure, and creating long-term value for shareholders. The distribution provides shareholders with warrants issued in proportion to their existing ownership, creating an additional pathway for shareholders to further benefit from the Company’s Reinvention. This structure allows shareholders to choose how to participate, whether by exercising, holding, or transferring their warrants. Holders may exercise their warrants for shares of common stock using cash or, subject to the terms of the warrant agreement, by delivering certain Xerox debt instruments at face value. Exercise using eligible debt instruments reduces our outstanding leverage while preserving liquidity and financial flexibility, which further strengthens our balance sheet and supports our commitment to creating long-term value.

Transaction Overview
On or about February 11, 2026 (the “Distribution Date”), holders of record of the Common Stock as of February 9, 2026 (the “Record Date”) will receive one (1) warrant for every two (2) shares of Xerox common stock held, rounded down to the nearest whole warrant. Holders of record of the Series A Preferred Stock and the Convertible Notes will receive warrants based on the same ratio in the manner determined by the charter governing the Series A Preferred Stock and the indenture governing the 3.75% Convertible Notes, respectively.

Each warrant will entitle the holder to purchase one (1) share of Common Stock at an exercise price of $8.00 per share, subject to the terms and conditions of the warrant agreement.
The warrants will have an expiration date of two (2) years from the Distribution Date, unless the Early Expiration Price Condition (as defined below) is met, in which case the expiration will be accelerated.
The warrants will be distributed at no cost to Eligible Holders, and the Company intends to apply to list the warrants for trading, subject to applicable approvals.

The warrants will be subject to early expiration upon the volume-weighted average price of Xerox common stock equaling or exceeding 100% of the then-applicable warrant exercise price for 20 trading days within any 30 consecutive trading day period (such final day, the “Early Expiration Price Condition Date”), as further described in the warrant agreement (the “Early Expiration Price Condition”). If this condition is met, the warrants will expire at 5:00 p.m. New York City time on the Business Day immediately following the Early Expiration Price Condition Date or such other date as the Company may elect in accordance with the warrant agreement.

Exercise Mechanics and Deleveraging Features
The warrants may be exercised:

For cash, at any time prior to expiration of the warrants, and
Using designated outstanding Xerox debt securities at any time prior to the earlier of the expiration of the warrants and the Bond Exercise Termination (as defined below).

The following Xerox debt securities are initially designated as eligible for exercise of the warrants:

5.500% Senior Unsecured Notes due 2028;
8.875% Senior Unsecured Notes due 2029;
3.750% Senior Unsecured Convertible Notes due 2030;
13.000% Step Up Senior Notes due 2030;
10.250% Senior Secured First Lien Notes due 2030;
13.500% Senior Secured Second Lien Notes due 2031;
4.800% Senior Unsecured Notes due 2035; and
6.750% Senior Unsecured Notes due 2039.

The right to exercise warrants using designated debt securities will terminate if the volume-weighted average price of Common Stock equals or exceeds 50% of the then-applicable warrant exercise price for 20 trading days within any 30 consecutive trading day period, as further described in the warrant agreement (the “Bond Exercise Termination”).

Transaction Advisors
B. Dyson Capital Advisors is serving as an Exclusive Financial and Warrant Structuring Advisor to Xerox. Kirkland & Ellis LLP is serving as legal counsel to Xerox.

The issuance of the warrants has not been registered under the Securities Act of 1933, as amended (the “Securities Act”), as the distribution of a warrant for no consideration does not constitute a sale of a security under Section 2(a)(3) of the Securities Act. A shelf registration statement on Form S-3 (the “Form S-3”) relating to the warrants and the underlying common stock has been filed with the Securities and Exchange Commission (the “SEC”) but has not yet been declared effective by the SEC. A prospectus describing the terms of the warrants and the underlying Common Stock will be filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov. Holders should read the prospectus carefully, including the Risk Factors section included and incorporated by reference therein. We also expect to file a Form 8-A registration statement.

This press release contains a general summary of the warrants. Please read the warrant agreement relating to the warrants when it becomes available as it will contain important information about the terms of the warrants.

About Xerox Holdings Corporation (NASDAQ: XRX)
Xerox has been redefining the workplace experience for over a century. As a services-led, software-enabled company, we power today’s hybrid workplace through advanced print, digital, and AI-driven technologies. In 2025, Xerox acquired Lexmark - expanding our global footprint, strengthening service capabilities, and equipping us to deliver an even broader portfolio of workplace technologies to our clients. Today, we continue our legacy of innovation to deliver client-centric, digitally driven solutions that meet the needs of a global, distributed workforce. Whether in offices, classrooms, or hospitals, we help our clients thrive in a constantly evolving business landscape.

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