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(Loss) Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings (Loss) Per Share
The following table sets forth the computation of basic and diluted (loss) earnings per share of Xerox Holdings Corporation's common stock:
 Three Months Ended
June 30,
Six Months Ended
June 30,
 2025202420252024
(Loss) Earnings per Share
Net (Loss) income$(106)$18 $(196)$(95)
Accrued dividends on preferred stock(3)(3)(7)(7)
Adjusted Net (loss) income available to common shareholders$(109)$15 $(203)$(102)
Weighted average common shares outstanding125,791 124,230 125,452 124,062 
Basic (Loss) Earnings per Share$(0.87)$0.12 $(1.62)$(0.83)
 Diluted (Loss) Earnings per Share:
Net (Loss) income$(106)$18 $(196)$(95)
Accrued dividends on preferred stock(3)(3)(7)(7)
Adjusted Net (loss) income available to common shareholders$(109)$15 $(203)$(102)
Weighted average common shares outstanding125,791 124,230 125,452 124,062 
Common shares issuable with respect to:
Stock options— — — — 
Restricted stock and performance shares— 1,325 — — 
Convertible preferred stock— — — — 
Adjusted weighted average common shares outstanding125,791 125,555 125,452 124,062 
Diluted (Loss) Earnings per Share$(0.87)$0.11 $(1.62)$(0.83)
The following securities were not included in the computation of diluted earnings per share as they were either contingently issuable shares or shares that if included would have been anti-dilutive:
Stock options132 174 132 174 
Restricted stock and performance shares18,522 6,703 18,522 8,028 
Convertible preferred stock6,742 6,742 6,742 6,742 
Convertible notes19,196 19,196 19,196 19,196 
Total Anti-Dilutive Securities44,592 32,815 44,592 34,140 
Dividends per Common Share (1)
$0.025 $0.25 $0.150 $0.50 
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(1)During the first quarter of 2025, the annual dividend on Common Shares was reduced to $0.50 per share from $1.00 per share. In the second quarter of 2025, the annual dividend on Common Shares was further reduced to $0.10 per share from $0.50 per share. Cash dividends declared on common stock for the three months ended June 30, 2025 and 2024 were $0.025 per share and $0.25 per share, respectively, and $0.15 per share and $0.50 per share for the six months ended June 30, 2025 and 2024, respectively.