Filing Flows › Xerox Holdings (XRX) › Q2 2026
Xerox Holdings (XRX) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Xerox Holdings (XRX) reported revenue of $1.9B for the second quarter 2026 (Q2 2026), +22% from a year earlier and +4% from the quarter before. Operating margin was 1.6%, net earnings $13.0M (0.7% of revenue).
Xerox Holdings, Q2 2026: revenue $1.9B (+22% year over year), operating margin 1.6%, net earnings $13.0M, operating cash flow $37.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9B | +4% | +22% |
| Gross profit | $203M | +182% | +244% |
| Operating profit | $31.0M | — | — |
| Net earnings | $13.0M | — | — |
| Operating cash flow | $37.0M | — | — |
| Free cash flow | $23.0M | — | — |
What changed
Revenue was $1.9B in Q2 2026, up 22% year over year and up 4% from the previous quarter. Supplies, paper and other sales was the largest line at 24% of revenue. Supplies, paper and other sales added $0.29B year over year (up 166%), 85% of the total change. Financing declined 22%.
Gross margin was 10.6%, up 6.8 points from Q2 2025. Operating profit was $0.03B, a 1.6% margin (up 5.4 points year over year). Operating expenses grew 45% against revenue growth of 22%. Net earnings were $0.01B. The effective tax rate was 58.1%.
Operating cash flow was $0.04B, 285% of net earnings. Non-cash charges added back $0.10B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.09B. Capital expenditures of $0.01B left free cash flow of $0.02B.
Questions
What was Xerox Holdings' revenue in the second quarter 2026?
Xerox Holdings (XRX) reported revenue of $1.9B for the second quarter 2026 (Q2 2026), +22% from a year earlier and +4% from the quarter before.
Was Xerox Holdings profitable in the second quarter 2026?
Operating profit was $31.0M (1.6% of revenue) and net earnings $13.0M.
Source: Xerox Holdings 10-Q on SEC EDGAR.