Xerox reports Q1 revenue of US$1.67B, down 2.5% year-over-year, while earnings per share fall US$0.56 per share year-over-year to Q1 loss of US$0.38 per share due to inflationary pressure, increased logistics costs from supply chain disruption

Sample article from our Printing & Publishing

NORWALK, Connecticut , April 21, 2022 (press release) –

Company sees improving page volumes and record backlog; profits impacted by rising costs

Financial Summary 

  • $1.67 billion of revenue, down 2.5 percent year-over-year or 0.7 percent in constant currency.
  • GAAP (loss) earnings per share (EPS) of $(0.38), down $0.56 year-over-year, and adjusted (loss) per share of $(0.12), down $0.34 year-over-year.
  • Pre-tax margin of (5.3) percent, down 840 basis points, and adjusted operating margin of (0.2) percent, down 540 basis points year-over-year.
  • $66 million of operating cash flow, down $51 million year-over-year.
  • $50 million of free cash flow, down $50 million year-over-year.
News Release Related Earnings Documents Webcast and Multimedia

First-Quarter Results
(PDF, 857 KB)



























Xerox Q1 2022 Presentation 

(PDF, 1 MB)


Xerox Q1 2022 Non-GAAP Measures

(PDF, 271 KB)


Xerox Q1 2022 Financial Model (PDF, 275 KB) or (Excel, 4 MB)


Xerox Q1 2022 Summary

(PDF, 125 KB)

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