Superworth

Xerox profit margin XRX

Gross, operating and net profit as a share of revenue over the last twelve months, from 2018.

Net margin, 12 months
−11.9%
Operating margin, 12 months
−0.4%
Net margin on a year earlier
+11.1 pts
Peer median
3.0%

Over the twelve months to Jun 30, 2026, Xerox kept −11.9% of its revenue as net profit, with an operating margin of −0.4% and a gross margin of 29.1%.

Five years earlier its net margin was 4.1%.

The median for 8 computer hardware stocks of a similar size is 3.0%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY2025−14.7%−1.8%27.1%
FY2024−21.2%−17.0%31.5%
FY20230.0%4.5%35.5%
FY2022−4.5%−2.2%34.1%
FY2021−6.5%−5.5%35.7%
FY20202.7%5.3%39.1%
FY201914.9%9.7%41.7%
FY20183.7%7.0%41.4%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY26−11.9%+11.1 pts−0.4%
Q1 FY26−14.1%+6.9 pts−2.0%
Q4 FY25−14.7%+6.6 pts−1.8%
Q3 FY25−14.8%+6.5 pts−2.1%
Q2 FY25−23.0%−21.4 pts−16.0%
Q1 FY25−21.0%−18.3 pts−15.4%
Q4 FY24−21.2%−21.2 pts−17.0%
Q3 FY24−21.3%−23.9 pts−17.4%
Q2 FY24−1.6%+1.9 pts0.2%
Q1 FY24−2.7%−0.0 pts0.9%
Q4 FY230.0%+4.5 pts4.5%
Q3 FY232.5%+18.7 pts7.1%

Against its peers

Companies in Computer Hardware nearest Xerox's size, closest first, today.

CompanyProfit margin
XRXXerox−11.9%
IMMRImmersion0.6%
OSSOne Stop Systemsn/m
MITKMitek Systems11.4%
VYXNCR Voyix3.0%
CRSRCorsair Gaming2.5%
OMCLOmnicell3.1%
DBDDIEBOLD NIXDORF2.9%
PBIPitney Bowes10.0%
Peer median3.0%

Where Xerox ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Xerox

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.