Xerox Holdings just saw its stock sink about 12% to roughly US$1.47 in Friday trading, capping a month where the share price already retreated more than 50%. That sharp move came after Q3 2026 earnings laid bare the real pressure point for this printer heavyweight: a deep profit squeeze. The business generated about US$1.87b of revenue for the quarter, yet still reported a net loss of about US$1.02b, highlighting how input costs, weaker print demand and a heavy balance sheet are hitting the bottom line far harder than the headline sales figure suggests.

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