Xerox (XRX)
Inventor of xerography turned print-and-IT-services company reshaping itself around Lexmark and IT Solutions.
$3.48
vs last close+0.15 (+4.50%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,652 | 1,765 | 1,502 | 1,578 | 1,528 | 1,613 | 1,457 | 1,576 | 1,961 | 2,028 | 1,846 | 1,922 |
| Cost of revenue | 1,086 | 1,173 | 1,059 | 1,058 | 1,033 | 1,111 | 1,054 | 1,148 | 1,546 | 1,485 | 1,327 | 1,234 |
| Gross profit | 566 | 592 | 443 | 520 | 495 | 502 | 403 | 428 | 415 | 543 | 519 | 688 |
| 503 | 506 | 456 | 453 | 425 | 467 | 407 | 399 | 551 | 502 | 494 | 657 | |
| Research & development | 52 | 56 | 49 | 50 | 45 | 47 | 29 | 31 | 74 | 71 | 64 | 67 |
| 416 | 440 | 397 | 393 | 370 | 377 | 378 | 368 | 477 | 431 | 430 | 432 | |
| Selling & marketing | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 0 | 0 | 0 | 392 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other expenses | 35 | 10 | 10 | 10 | 10 | 43 | 0 | 0 | 0 | 0 | 0 | 158 |
| Operating income | 63 | 86 | −13 | 67 | 70 | 35 | −4 | 29 | −136 | 41 | 25 | 31 |
| 1 | −175 | −137 | −42 | −1,157 | −39 | −63 | −89 | −164 | −102 | −98 | 0 | |
| Interest income | 3 | 4 | 3 | 4 | 3 | 4 | 2 | 6 | 3 | 3 | 3 | 3 |
| Interest expense | 14 | 28 | 26 | 31 | 31 | 31 | 33 | 55 | 80 | 80 | 84 | 100 |
| Other non-operating income | −14 | 145 | 111 | 11 | 1,126 | 8 | 30 | 34 | 84 | 22 | 14 | −100 |
| Income before tax | 64 | −89 | −150 | 25 | −1,087 | −4 | −67 | −60 | −300 | −61 | −73 | 31 |
| Income tax expense | 15 | −30 | −37 | 7 | 118 | 17 | 23 | 46 | 460 | 12 | 32 | 18 |
| Net income from continuing operations | 49 | −59 | −113 | 18 | −1,205 | −21 | −90 | −106 | −760 | −73 | −105 | 13 |
| Other adjustments | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 49 | −58 | −113 | 18 | −1,205 | −21 | −90 | −106 | −760 | −73 | −105 | 13 |
| EPS, basic | $0.29 | −$0.50 | −$0.94 | $0.12 | −$9.72 | −$0.19 | −$0.75 | −$0.87 | −$6.02 | −$0.59 | −$0.85 | $0.07 |
| EPS, diluted | $0.29 | −$0.50 | −$0.94 | $0.12 | −$9.72 | −$0.19 | −$0.75 | −$0.87 | −$6.02 | −$0.59 | −$0.85 | $0.07 |
| Weighted average shares, basic | 157 | 123 | 124 | 124 | 124 | 124 | 125 | 126 | 127 | 128 | 129 | 143 |
| Weighted average shares, diluted | 157 | 123 | 124 | 126 | 124 | 124 | 125 | 126 | 127 | 128 | 129 | 143 |
| EBITDA | 141 | 3 | −65 | 115 | −996 | 124 | 26 | 52 | −113 | 126 | 111 | 232 |
| Depreciation & amortization | 64 | 62 | 59 | 59 | 59 | 97 | 60 | 57 | 107 | 107 | 100 | 101 |
| EBIT | 77 | −59 | −124 | 56 | −1,056 | 27 | −34 | −5 | −220 | 19 | 11 | 131 |
