Norwalk, Conn. —  

Financial Summary

Q4 2022 

  • Revenue of $1.94 billion, up 9.2 percent year-over-year or up 13.9 percent in constant currency.
  • GAAP earnings per share (EPS) of $0.74, up $4.71 year-over-year. Prior year Q4 GAAP EPS includes an after-tax non-cash goodwill impairment charge of $4.38 per share.
  • Adjusted EPS of $0.89, up $0.55 year-over-year.
  • Adjusted operating margin of 9.2 percent, up 440 basis points year-over-year.
  • Operating cash flow of $186 million, down $12 million year-over-year.
  • Free cash flow of $168 million, down $14 million year-over-year.

FY 2022

  • Revenue of $7.11 billion, up 1.0 percent year-over-year, or up 4.8 percent in constant currency.
  • GAAP loss per share of $2.15, up $0.41 year-over-year. Both the current year and prior year include after-tax non-cash goodwill impairment charges of $2.54 and $4.08 per share, respectively.
  • Adjusted EPS of $1.12, down $0.39 year-over-year.
  • Adjusted operating margin of 3.9 percent, down 140 basis points year-over-year.
  • Operating cash flow of $159 million, down $470 million year-over-year.  
  • Free cash flow of $143 million, excluding a one-time product supply termination charge, down $418 million year-over-year.
News Release Related Earnings Documents Webcast and Multimedia
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(PDF, 1.8 MB)
 
(PDF, 9.03 MB)
 
Xerox Q4 2022 Financial Model (PDF, 300 KB) or (Excel, 4.29 MB)
 
(PDF, 124 KB)
 
 
 
(PDF 292KB)