Xerox Holdings Corporation (XRX) Q4 2025 Earnings Call Transcript

Operator

Welcome to the Xerox Holdings Corporation’s Fourth Quarter 2025 Earnings Conference release. [Operator Instructions]

At this time I would like turn the meeting over to Greg Stein, Senior Vice President and Investor Relations. Please go ahead, sir.

Gregory Stein
Vice President of Investor Relations

Good morning, everyone. I’m Greg Stein, Senior Vice President and Head of Investor Relations at Xerox Holdings Corporation. Welcome to the Xerox Holdings Corporation Fourth Quarter 2025 earnings release conference call hosted by Steve Bandrowczak, Chief Executive Officer. He is joined by Chuck Butler, Chief Financial Officer.

At the request of Xerox Holdings Corporation, today’s conference call is being recorded. Other recording and/or rebroadcasting of this call are prohibited without the express permission of Xerox. During this call, Xerox executives will refer to slides that are available on the web at www.xerox.com/investor and will make comments that contain forward-looking statements, which, by their nature, address matters that are in the future and are uncertain. Actual future financial results may be materially different than those expressed herein.

At this time, I would like to turn the meeting over to Mr. Bandrowczak.

Steven Bandrowczak
CEO & Director

Good morning, and thank you for joining our Q4 2025 earnings conference call. On the Q3 call, I highlighted the macroeconomic challenges we are facing and the continued disruption associated with the tariff and government funding-related uncertainty. Macro headwinds continue to persist, but we are cautiously optimistic that the business trends are starting to