Every material Form 8-K Xerox Holdings Corp has filed with the SEC since July 30, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Xerox Holdings and Xerox Corporation agreed with consenting holders to exchange about $174.0 million of 2028 notes, about 31.1% of that series, for new 10.250% first lien notes due 2030 and Holdings common stock. The companies expect the transaction to reduce overall debt principal by about $53 million and extend $121 million of debt maturing in 2028 to 2030, but it also adds new shares and a higher coupon than the 5.500% 2028 notes.
Exchange offer covers about $174.0 million of 2028 notes, or 31.1% of the outstanding series.
For each $1,000 of 2028 notes exchanged, holders receive $690 of new 10.250% first lien notes due 2030 and 3,872,062 shares of common stock in total, or an additional $60 principal of notes in limited circumstances.
Early exchange deadline is November 12, 2026; settlement is expected on or about November 13, 2026.
The companies expect the transaction to reduce overall debt principal by about $53 million and keep cash interest approximately neutral.
Xerox reported third-quarter 2026 revenue of $1.87 billion, down 4.7 percent, and a GAAP net loss of $1,015 million, or $7.73 per share, driven by a $959 million non-cash goodwill impairment charge. The company lowered its full-year 2026 adjusted operating income guidance to $450-475 million from $555-605 million and free cash flow guidance to $50-100 million from $250 million, and suspended its common and preferred dividends.
Q3 2026 revenue was $1.87 billion, down 4.7 percent from $1.96 billion a year earlier.
Adjusted operating income rose $59 million year-over-year to $124 million, with a 6.6 percent margin.
Full-year 2026 adjusted operating income guidance was cut to $450-475 million, from $555-605 million.
Free cash flow guidance was cut to $50-100 million, from $250 million, and common and preferred dividends were suspended.
Xerox reported second-quarter 2026 revenue of $1.92 billion, up 22.0% from a year earlier, and GAAP net income of $13 million, or $0.07 per share, compared with a loss of $0.87 per share a year earlier. The company raised its full-year 2026 revenue and adjusted operating income guidance, but the results include a $105 million pre-tax benefit from IEEPA tariff receivables, and on a pro forma basis revenue fell 6.5%.
Q2 2026 revenue of $1.92 billion, up 22.0%; down 6.5% on a pro forma basis that includes Lexmark's results for the prior-year period
Adjusted operating income of $203 million, up from $59 million, including a $105 million pre-tax IEEPA tariff receivable benefit
Full-year 2026 guidance: revenue of approximately $7.6 billion (previously above $7.5 billion); adjusted operating income of $555 million to $605 million (previously $450 million to $500 million)
Lexmark gross cost synergy target raised by $50 million to at least $350 million
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