Xerox Holdings Corporation· XRX

Xerox Stock Falls 15.5% Since Q2 Earnings & Revenue Beat

XRX surpasses Q2 estimates as Lexmark and tariff receivables lifted results, but shares fall despite stronger 2026 revenue and profit guidance.

Xerox Q2 Earnings: A Phoenix-Rising Moment For Xerox

Xerox Holdings Corporation delivered a strong Q2, with shares surging 35% on improved profitability, raised guidance, and a robust free cash flow outlook. XRX posted 22% y/y revenue growth to $1.92B, with product sales up 49% and gross margin expanding 720 bps to 35.8%. Management raised FY26 guidance: revenue to $7.6B, adjusted operating income to $555m-$605m, and free cash flow to $250m, reflecting confidence in the turnaround.

Xerox Holdings Corporation (XRX) Q2 2026 Earnings Call Transcript

Xerox Holdings Corporation (XRX) Q2 2026 Earnings Call Transcript

Xerox Releases Second-Quarter Results

NORWALK, Conn.--(BUSINESS WIRE)--Xerox Holdings Corporation (NASDAQ: XRX) today announced its 2026 second-quarter results. “Our second-quarter results gave us another reason for confidence," said Louie Pastor, chief executive officer at Xerox. "We made progress on each of our three strategic priorities: stabilizing revenue, increasing profitability, and reducing leverage. As a result, we are raising both revenue and adjusted operating income guidance, as well as our Lexmark gross synergy target.

Xerox Q2 Earnings Call Highlights

Xerox NASDAQ: XRX reported second-quarter 2026 revenue growth driven by its Lexmark acquisition, raised its full-year revenue and adjusted operating-income outlooks, and continued to reduce debt as management focused on stabilizing revenue, improving profitability and lowering leverage.

Xerox (XRX) PT Lowered to $8 at Loop Capital

Xerox price target lowered to $8 from $10 at Morgan Stanley

Xerox (XRX) PT Lowered to $11 at Loop Capital

Wall Street's Most Accurate Analysts Give Their Take On 3 Tech Stocks With Over 3% Dividend Yields

Xerox price target lowered to $15 from $17 at Citi