Xerox Holdings Reports Mixed Q2 Results and Updates FY26 Outlook
Xerox Holdings Corporation reported mixed second-quarter results for fiscal year 2026, with a non-GAAP loss per share of $0.38 that missed expectations by $0.20. However, revenue came in at $1.92 billion, up 22.3% from the previous year and beating estimates by $20 million. The company's adjusted operating income rose to $203 million for Q2, an increase of $144 million compared to the same period last year. The adjusted operating margin also improved significantly to 10.6%, up 690 basis points from a year ago. Xerox updated its full-year outlook as part of ongoing strategic adjustments. Despite strong revenue growth and improved profitability, the earnings miss highlights challenges in certain segments or cost pressures that may affect investor sentiment.
Tickers: $XRX
Topics: Earnings Operating Income Revenue Growth