---
title: "Xerox Holdings Corporation Metrics Guide"
description: "Xerox Holdings Corporation revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios explained."
canonical: https://www.getswoopr.com/stocks/companies/xerox-holdings-corporation/financial-metrics/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Xerox Holdings Corporation Financial Metrics Guide

## Direct Answer

> Xerox Holdings Corporation reported revenue of $7.0 billion for the fiscal year ended December 31, 2025, net income of -$1.0 billion, according to its SEC filings. Revenue grew 12.9% from the prior year.

## What Are Xerox Holdings Corporation's Key Financial Figures?

| Fiscal year | FY2025ended December 31, 2025 | FY2024ended December 31, 2024 | FY2023ended December 31, 2023 | FY2022ended December 31, 2022 |
| --- | --- | --- | --- | --- |
| Revenue | $7.0 billion | $6.2 billion | $6.9 billion | $7.1 billion |
| Operating income | Not reported | Not reported | Not reported | Not reported |
| Operating margin | n/a | n/a | n/a | n/a |
| Net income | -$1.0 billion | -$1.3 billion | $1 million | -$322 million |
| Net margin | -14.7% | -21.2% | 0.0% | -4.5% |
| Operating cash flow | $224 million | $511 million | $686 million | $159 million |
| Capital expenditures | $37 million | $27 million | $29 million | $36 million |
| Free cash flow | $187 million | $484 million | $657 million | $123 million |

Free cash flow (operating cash flow minus capital expenditures) was $187 million against net income of -$1.0 billion; cash generation covered reported earnings.

![Bar chart of Xerox Holdings Corporation revenue, net income for fiscal 2022 to 2025. In fiscal 2025, revenue was $7.0 billion and net income negative $1.0 billion.](https://www.getswoopr.com/images/charts/xerox-holdings-corporation-metrics-revenue-profit.webp)
*Xerox Holdings Corporation revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.*

![Line chart of Xerox Holdings Corporation net margin for fiscal 2022 to 2025. In fiscal 2025, net margin was -14.7%.](https://www.getswoopr.com/images/charts/xerox-holdings-corporation-metrics-margins.webp)
*Xerox Holdings Corporation operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.*

![Bar chart of Xerox Holdings Corporation operating cash flow, capital expenditures, free cash flow for fiscal 2022 to 2025. In fiscal 2025, operating cash flow was $224 million, capital expenditures was $37 million, free cash flow was $187 million.](https://www.getswoopr.com/images/charts/xerox-holdings-corporation-metrics-cash-flow.webp)
*Xerox Holdings Corporation operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.*

## What Does Xerox Holdings Corporation's Balance Sheet Show?

| Cash and cash equivalents | $512 million |
| --- | --- |
| Long-term debt | $4.0 billion |
| Total assets | $9.8 billion |
| Total liabilities | $9.2 billion |
| Shareholders' equity | $444 million |
| Current ratio | 1.1x |

Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions.

## Where These Numbers Come From

Every figure on this page is a value Xerox Holdings Corporation reported in its own SEC filings, read from the SEC's XBRL data (accession 0001770450-26-000009 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

## Frequently Asked Questions

### What was Xerox Holdings Corporation's revenue in fiscal 2025?

Xerox Holdings Corporation reported revenue of $7.0 billion for the fiscal year ended December 31, 2025, according to its SEC filings.

### What is Xerox Holdings Corporation's operating margin?

Xerox Holdings Corporation did not report operating income under the standard tag for fiscal 2025, so Swoopr does not compute an operating margin; the income statement in its 10-K shows how it presents profit.

### How much free cash flow did Xerox Holdings Corporation generate?

Operating cash flow of $224 million less capital expenditures of $37 million gives free cash flow of $187 million for fiscal 2025.

## References

- [SEC EDGAR: Xerox Holdings Corp Form 10-K filed March 17, 2026](https://www.sec.gov/Archives/edgar/data/1770450/000177045026000009/xrx-20251231.htm)
- [SEC EDGAR: Xerox Holdings Corp annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1770450&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)

## Related Pages

- [Xerox Holdings Corporation company dossier](https://www.getswoopr.com/stocks/companies/xerox-holdings-corporation/)
- [Xerox Holdings Corporation financial metrics](https://www.getswoopr.com/stocks/companies/xerox-holdings-corporation/financial-metrics/)
- [Xerox Holdings Corporation financial risk indicators](https://www.getswoopr.com/stocks/companies/xerox-holdings-corporation/risks-monitoring/)
- [Xerox Holdings Corporation business model and revenue mix](https://www.getswoopr.com/stocks/companies/xerox-holdings-corporation/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)

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