Xerox Holdings Corporation (NASDAQ: XRX) has announced its 2025 third-quarter results:
Xerox Financial Summary for Q3 ’25
- Revenue of $1.96 billion, up 28.3 percent, or 27.0 percent in constant currency1. On a pro forma1 basis, revenue down 7.8 percent.
- GAAP net (loss) of $(760) million, or $(6.01) per share, narrowing the loss by $445 million or $3.70 per share, year-over-year, respectively.
- Adjusted1 net income of $27 million, or $0.20 per share, down $7 million or $0.05 per share, year-over-year, respectively.
- Adjusted1 operating margin of 3.3 percent, down 190 basis points year-over-year.
- Operating cash flow of $159 million, up $43 million year-over-year.
- Free cash flow1 of $131 million, up $24 million year-over-year.
Read the full press release for details and footnote explanations.

