Filing Flows

Filing Flows › Xerox Holdings (XRX) › How it makes money

How Xerox Holdings (XRX) makes money

Xerox Holdings (XRX) made $1.9B of revenue in the third quarter 2026 (Q3 2026), -5% from a year earlier. Sales brought in $954M (51%); Service brought in $914M (49%).

Drawing the Sankey…

Xerox Holdings revenue by segment, Q3 2026Xerox Holdings revenue by segment, Q3 2026Sales$954MService$914M
Xerox Holdings: revenue by line, Q1 2025 to Q3 2026Xerox Holdings: revenue by line, Q1 2025 to Q3 2026ServiceSalesService: $914M latest$914MSales: $954M latest$954MQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Service went from 62% of revenue in Q1 2025 to 49% in Q3 2026, the largest shift in the mix.
Xerox Holdings revenue by quarterXerox Holdings revenue by quarter$1.5BQ1 2025$1.6BQ2 2025$2.0BQ3 2025$2.0BQ4 2025$1.8BQ1 2026$1.9BQ2 2026$1.9BQ3 2026
Xerox Holdings: where each dollar of revenue goesXerox Holdings: where each dollar of revenue goesIncome tax0¢Operating cash flow2¢Free cash flow1¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Sales$954M51.1%-4%-4%
  ↳ Supplies, paper and other sales$434M23.2%-7%-2%
  ↳ Equipment$393M21.0%+2%+3%
  ↳ IT products$127M6.8%-9%-23%
Service$914M48.9%-1%-6%
  ↳ Maintenance agreements$414M22.2%-3%-6%
  ↳ Service arrangements$403M21.6%-4%-5%
  ↳ Rental and other$73.0M3.9%+33%+3%
  ↳ Financing$24.0M1.3%-4%-25%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$1.9B100.0%
Income tax$9.0M0.5%
Operating cash flow$30.0M1.6%
Free cash flow$17.0M0.9%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$1.9B-5%
Q2 2026$1.9B+22%
Q1 2026$1.8B+27%
Q4 2025$2.0B+26%
Q3 2025$2.0B+28%
Q2 2025$1.6B-0.1%
Q1 2025$1.5B-3%

From Xerox Holdings' 10-Q filed Nov 5, 2026 (on EDGAR).

Questions

How does Xerox Holdings make money?

Xerox Holdings (XRX) made $1.9B of revenue in the third quarter 2026 (Q3 2026), -5% from a year earlier. Sales brought in $954M (51%); Service brought in $914M (49%).

What is Xerox Holdings' biggest business?

Sales: $954M in the third quarter 2026, 51% of revenue, -4% from a year earlier.

Open the interactive view →

Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.