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Xerox Holdings Corporation XRX IT Solutions — Research, development and engineering expenses, adjusted

Other segment segments

Print and Other
$66M

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Other financials

Income statement

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Revenue$1.9B+22.0%
Gross profit$203.0M+244%
Net income$13.0M+112%
EPS (diluted)$0.07+108%

Balance sheet

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Cash & equivalents$552.0M-44.0%
Total debt$4.2B+14.3%
Total equity$323.0M-71.2%
Total assets$9.7B+9.6%

Cash flow

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Operating cash flow-$144.0M-61.8%
CapEx$14.0M+250%
Free cash flow-$156.0M-66.0%

Valuation

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Market cap$423.91M-19.2%
Enterprise value$4.09B+26.6%
P/S0.1×0.0×

Profitability

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Gross margin3.9%-1.5pp
Net margin-11.9%-3.9pp
FCF margin8.1%+1.8pp

Returns & leverage

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Return on equity-128%+168pp
Debt / equity13.1×+9.8×
Current ratio1.2×-0.3×

Where this comes from

Reported directly by Xerox Holdings Corporation in its filing.

Tagged under the XBRL concept xrx:ResearchDevelopmentAndEngineeringExpensesAdjusted.

The source filing: Xerox Holdings Corporation’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:48 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001770450-26-000040
Line itemPrint and OtherIT SolutionsTotal Reportable Segments(10)Corporate(1)Total
Reconciliation to Segment Profit
Cost of sales(3)$459$115$574$574
Cost of services, maintenance, rentals and other(3)(4)(5)60842650650
Research, development and engineering expenses(3)666666
Selling, administrative and general expenses(3)(6)(7)3772840524429
Intersegment expense(8)3255
Segment profit$220$7$227$(24)$203
Depreciation$71$71$71

Item 1. Financial Statements (Unaudited)

FAQ

What is Xerox Holdings Corporation's IT solutions — research, development and engineering expenses, adjusted?
Xerox Holdings Corporation (XRX) reported IT solutions — research, development and engineering expenses, adjusted of $0 in Q2 2026.
What does IT solutions — research, development and engineering expenses, adjusted mean?
This metric represents the adjusted costs incurred by the IT Solutions segment for research, development, and engineering activities related to software and technology innovation. It captures the investment required to maintain competitive product roadmaps and develop new digital service offerings within the segment. By adjusting these expenses, the company provides a clearer view of the recurring operational investment dedicated to future-proofing its technology portfolio.

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