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Xerox Release Third-Quarter Results 2025

Operational progress toward 2026 profit and free cash flow improvement continues despite macroeconomic headwinds weighing on 2025 results; Lexmark synergy forecast raised to at least $300M


Norwalk, Conn. – WEBWIRE

Financial Summary

Q3 2025

  • 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.

Related Earnings Documents

Xerox Q3 2025 Earnings Presentation  (PDF, 1.98 MB)

Xerox Q3 2025 Non-GAAP Measures  (PDF, 1.98 MB)

Xerox Q3 2025 Financial Model  (PDF, 325 KB) or (Excel, 4.4 MB)

Webcast and Multimedia

Webcast Replay: Conference Call

 


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