Xerox Cuts 2026 Adjusted Operating Income Forecast to $450 Million-$475 Million

• Xerox cut 2026 adjusted operating income guidance to $450 million-$475 million from $555 million-$605 million.
• Free cash flow is now forecast at $50 million-$100 million, down from approximately $250 million, reflecting lower earnings and cash-flow timing.
• Revenue guidance remains approximately $7.6 billion despite a weaker print market outlook.
• Rising memory and oil costs imply a $60 million profit hit; unfavorable equipment mix and weaker IT Solutions also weighed.
• Common and preferred dividends were suspended, preserving approximately $28 million annually, with savings beginning in the first quarter of 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xerox Holdings Corporation published the original content used to generate this news brief on October 30, 2026, and is solely responsible for the information contained therein.