Xerox Posts Wider Q2 Loss Amid Revenue Miss, Pins Hopes on Lexmark Deal.
Xerox Holdings Corporation (NASDAQ: XRX) reported disappointing second-quarter 2025 results, with losses widening and revenue falling short of analyst expectations. The company posted a net loss of $56 million, compared to a $34 million loss in Q2 2024, reflecting ongoing operational challenges and strategic transition costs.
Revenue came in at $1.58 billion, missing Wall Street estimates and declining 5.7% year-over-year. The shortfall was largely attributed to weaker demand in print services and slower enterprise spending.
Despite the poor quarter, Xerox remains optimistic about its $1.5 billion acquisition of Lexmark, which it sees as a long-term growth lever in the A3 and solutions space. CEO Steven Bandrowczak reaffirmed the company’s strategic pivot toward software and services, even as near-term profitability takes a hit.
Investors remain cautious, with shares dipping following the earnings release. Xerox’s ability to integrate Lexmark and deliver future cost synergies will likely be a key test in the quarters ahead.