Xerox Holdings (XRX) Gross Margin (2009 - 2026)
Xerox Holdings' Gross Margin was 35.80% in Q2 2026, up 7.18 percentage points from 28.62% a year earlier.
Powered by 
Analysis
Xerox Holdings (XRX) Gross Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Xerox Holdings' Gross Margin was 28.89% through Jun 30, 2026, down 2.37 percentage points year-over-year; for FY2025, it came in at 27.07%, down 4.43 percentage points from FY2024.
- Gross Margin has now declined for five consecutive years, with a five-year change of -36.86 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 31.51% in FY2024 (-2.10 pp), 33.60% in FY2023 (-0.53 pp), 34.14% in FY2022 (-1.59 pp) and 35.72% in FY2021 (-28.21 pp).
- The Q2 2026 figure marks the highest quarterly Gross Margin since Q2 2023.
- Compared with a year earlier, Gross Margin was higher in two of the last six quarters, with an average year-over-year change of -1.34 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q4 2022 (a gain of 79.99 percentage points); the worst was Q4 2021 (a drop of 171.80 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 147.78 Bn | 107.06 Bn | 6.13 Bn | 32.77% |
| 2 | Cintas | 87.70 Bn | 86.78 Bn | 1.55 Bn | 51.54% |
| 3 | Iron Mountain | 34.02 Bn | 33.21 Bn | 1.07 Bn | 52.76% |
| 4 | APi | 17.48 Bn | 14.52 Bn | 703.00 Mn | 31.19% |
| 5 | Rollins | 16.12 Bn | 15.66 Bn | 569.95 Mn | 52.84% |
| 6 | UL Solutions | 15.13 Bn | 13.89 Bn | 417.00 Mn | 51.10% |
| 7 | Gartner | 14.69 Bn | 8.38 Bn | 1.19 Bn | 70.95% |
| 8 | Aramark | 14.68 Bn | 12.62 Bn | 430.34 Mn | 8.51% |
| 9 | Rentokil Initial | 10.68 Bn | 4.20 Bn | - | - |
| 10 | Xerox Holdings | 361.28 Mn | -1.71 Bn | 688.00 Mn | 35.80% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.80% |
| Dec 31, 2025 | 28.55% |
| Sep 30, 2025 | 22.69% |
| Jun 30, 2025 | 28.62% |
| Dec 31, 2024 | 31.12% |
| Sep 30, 2024 | 32.40% |
| Jun 30, 2024 | 32.95% |
| Mar 31, 2024 | 31.29% |
| Dec 31, 2023 | 27.88% |
| Sep 30, 2023 | 34.26% |
| Jun 30, 2023 | 35.97% |
| Mar 31, 2023 | 36.44% |
| Dec 31, 2022 | 36.32% |
| Sep 30, 2022 | 33.35% |
| Jun 30, 2022 | 33.37% |
| Mar 31, 2022 | 33.21% |
| Dec 31, 2021 | -43.67% |
| Sep 30, 2021 | 62.34% |
| Jun 30, 2021 | 63.30% |
| Mar 31, 2021 | 61.93% |
API Access
Xerox Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=XRX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "XRX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=XRX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();