Xerox Holdings Corp files 10-K

Xerox Holdings Corporation reported a net loss attributable to common shareholders of $(1,043) million for 2025, compared to a net loss of $(1,335) million in 2024, primarily due to a significant goodwill impairment charge in the prior year and the establishment of a valuation allowance against deferred tax assets in 2025. Total revenue increased by 12.9% to $7,022 million in 2025, largely driven by the Lexmark acquisition and ITsavvy, though legacy Xerox revenue declined. Here are the key points for an investor: