Xerox | 10-Q: FY2025 Q3 Revenue Misses Estimate at USD 1.961 B

Revenue: As of FY2025 Q3, the actual value is USD 1.961 B, missing the estimate of USD 2.035 B.

EPS: As of FY2025 Q3, the actual value is USD -6.01.

EBIT: As of FY2025 Q3, the actual value is USD -129 M.

Print and Other Segment

• External Revenue: $1,739 million for Q3 2025, $4,399 million for the nine months ended September 30, 2025.
• Cost of Sales: $548 million for Q3 2025, $1,187 million for the nine months ended September 30, 2025.
• Segment Profit: $64 million for Q3 2025, $170 million for the nine months ended September 30, 2025.

IT Solutions Segment

• External Revenue: $222 million for Q3 2025, $595 million for the nine months ended September 30, 2025.
• Cost of Sales: $131 million for Q3 2025, $343 million for the nine months ended September 30, 2025.
• Segment Profit: $18 million for Q3 2025, $33 million for the nine months ended September 30, 2025.

Corporate

• Segment Profit: -$17 million for Q3 2025, -$57 million for the nine months ended September 30, 2025.

Cash Flow

• Net Cash Provided by Operating Activities: $16 million for the nine months ended September 30, 2025.
• Net Cash Used in Investing Activities: -$694 million for the nine months ended September 30, 2025.
• Net Cash Provided by Financing Activities: $577 million for the nine months ended September 30, 2025.

Future Outlook and Strategy

• Core Business Focus: The company is focusing on integrating and consolidating operations post-Lexmark acquisition, with restructuring efforts aimed at reducing costs and optimizing operations.
• Non-Core Business: The company is divesting non-core assets and focusing on strategic acquisitions like Lexmark to enhance its core offerings.