Xerox Holdings Corporation (XRX) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	7.8B	7.0B	6.2B	6.9B	7.1B
Cost of Revenue	5.6B	5.1B	4.3B	4.6B	4.8B
Gross Profit	2.2B	1.9B	2.0B	2.3B	2.3B
Operating Expenses
R&D Expense	276.0M	230.0M	191.0M	229.0M	304.0M
SG&A Expense	1.8B	1.6B	1.5B	1.7B	1.8B
General & Admin Expense	—	1.6B	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	158.0M	83.0M	73.0M	36.0M	42.0M
Total Operating Expenses	2.2B	2.0B	1.8B	2.0B	2.1B
Cost and Expenses	7.8B	7.1B	6.1B	6.5B	6.9B
Operating Income (EBIT)	(39.0M)	(56.0M)	159.0M	353.0M	212.0M
Non-Operating
Interest Income	12.0M	14.0M	14.0M	16.0M	11.0M
Interest Expense	344.0M	248.0M	119.0M	68.0M	91.0M
Net Interest Income	(332.0M)	(234.0M)	(105.0M)	(52.0M)	(80.0M)
Other Non-Op Income/Expense	(364.0M)	(432.0M)	(1.4B)	(381.0M)	(537.0M)
Non-Operating Income (excl Interest)	20.0M	184.0M	1.3B	313.0M	446.0M
EBT (Pre-Tax Income)	(403.0M)	(488.0M)	(1.2B)	(28.0M)	(325.0M)
Income Tax Expense	522.0M	541.0M	105.0M	(29.0M)	(3.0M)
Bottom Line
Net Income	(925.0M)	(1.0B)	(1.3B)	1.0M	(322.0M)
Earnings from Cont. Ops	(925.0M)	(1.0B)	(1.3B)	1.0M	(322.0M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(939.0M)	(1.0B)	(1.3B)	(13.0M)	(336.0M)
Per Share
Basic EPS	($7.39)	($8.25)	($10.75)	($0.09)	($2.15)
Diluted EPS	($7.39)	($8.25)	($10.75)	($0.09)	($2.15)
Revenue Per Share	$54.24	$55.52	$50.08	$46.18	$45.56
Shares
Basic Shares Outstanding	143.0M	126.5M	124.2M	149.1M	156.0M
Diluted Shares Outstanding	143.0M	126.5M	124.2M	149.1M	156.0M
Profitability Metrics
EBITDA	356.0M	91.0M	(822.0M)	291.0M	36.0M
D&A	415.0M	331.0M	274.0M	251.0M	270.0M
EBIT	(59.0M)	(240.0M)	(1.1B)	40.0M	(234.0M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026