施乐 2026年季度报告

FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March31, 2026TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 P.O. Box 4505, 401 Merritt 7Norwalk, Connecticut 06851-1059(Address of principal executive offices and Zip Code) (203) 849-5216(Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act:Xerox Holdings Corporation Common Stock, $1 par valueXerox Holdings Corporation Warrants toPurchase Common Stock, $1 par value(Title of each class) Nasdaq Global Select Market XRX Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2)has been subject to such filing requirements for the past 90days. Xerox Holdings CorporationYes☒No☐Xerox CorporationYes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files). Xerox CorporationYes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reportingcompany” and "emerging growth company" in Rule 12b-2 of the Exchange Act. Xerox Holdings CorporationLarge accelerated filer ☒Accelerated filer☐Non-accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Xerox Holdings CorporationXerox Corporation Indicate by a check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Xerox CorporationYes☐No☒ Outstanding at April 30, 2026 Class Xerox Holdings Corporation Common Stock, $1 par value TABLE OF CONTENTS Part I — Financial Information Item 1.Financial Statements (Unaudited)2Xerox Holdings Corporation Condensed Consolidated Statements of (Loss)2Xerox Holdings Corporation Condensed Consolidated Statements of Comprehensive (Loss)3Xerox Holdings Corporation Condensed Consolidated Balance Sheets4Xerox Holdings Corporation Condensed Consolidated Statements of Cash Flows5Xerox Corporation Condensed Consolidated Statements of (Loss)6Xerox Corporation Condensed Consolidated Statements of Comprehensive (Loss)7Xerox Corporation Condensed Consolidated Balance Sheets8Xerox Corporation Condensed Consolidated Statements of Cash Flows9Notes to Condensed Consolidated Financial Statements10Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations39Capital Resources and Liquidity54Financial Risk Management57Non-GAAP Financial Measures58Item 3.Quantitative and Qualitative Disclosures About Market Risk63Item 4.Controls and Procedures63Part II — Other InformationItem 1.Legal Proceedings64Item1A.Risk Factors64Item 2.Unregistered Sales of Equity Securities and Use of Proceeds64Item 3.Defaults Upon Senior Securities64Item 4.Mine Safety Disclosures64Item 5.Other Information64Item6.Exhibits65Signatures66 For additional information about Xerox Holdings Corporation and Xerox Corporation and access to our Annual Reports toShareholders and SEC filings, free of charge, please visit our website at www.xerox.com/investor. The content of ourwebsite is not incorporated by reference into this combined Form 10-Q unless expressly noted. Cautionary Statement Regarding Forward-Looking Statements This combined Quarterly Report on Form 10-Q (Form 10-Q), and other written or oral statements made from time to timeby management contain “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995that involve certain risks and uncertainties. The words “anticipate”, “believe”, “estimate”, “expect”, “intend”, “will”, “would”,“could”, “can” “should”, “targeting”, “projecting”, “driving”, “future”, “plan”, “predict”, “may” and similar expressions areintended to identify forward-looking statements. Forward-looking statements are not guarantees of future performance andthe Company’s actual results may differ significantly from the results discussed in the forward-looking statements. Theseforward-looking statements speak only as of the date of this document or as of the date to which they refer, and weassume no obligation to update any forward-looking statements as a result of new inform