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Recent Updates — XRXDW

July 30, 2026View Source ↗

Xerox Holdings Corporation reported second-quarter 2026 results, announcing revenue of $1.92 billion, a 22.0 percent increase year-over-year. GAAP net income was $13 million ($0.07 per share), while adjusted net income reached $55 million ($0.38 per share). The company raised its full-year 2026 revenue guidance to approximately $7.6 billion and increased adjusted operating income guidance to a range of $555 million to $605 million. Management also expanded the Lexmark gross cost synergy target by $50 million to at least $350 million and reduced total debt outstanding by more than $200 million through maturities and repayments. Xerox Holdings Corporation operates in the technology industry, providing document management solutions, printing hardware, and IT services.

July 2, 2026View Source ↗

On June 29, 2026, the Compensation and Human Capital Committee approved the Xerox Holdings Corporation 2026–2028 Transformation Retention Award Plan, effective July 1, 2026. This limited-duration program provides cash-based retention awards to critical talent, including executive officers and senior leaders, to support the company's multi-year turnaround strategy. Awards vest in eight equal quarterly installments over two years, contingent on continued employment. The Committee does not expect the CEO or CFO to participate. Xerox operates in the technology industry, providing document management and printing services.