XPO Logistics, Inc. (XPO) quarterly cash flow statement — complete operating, investing & financing history
XPO Logistics, Inc. (XPO) cash flow statement — 25-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 125M | 183M | 225M | 371M | 247M | 139M | 189M | 264M | 206M | 145M | 250M | 233M | 131M | 68M | 173M | 263M | 195M | 201M | 95M | 87M |
| Operating CF Margin % | 5.31% | 8.73% | 11.19% | 17.57% | 11.88% | 7.11% | 9.83% | 12.86% | 9.91% | 7.19% | 12.89% | 11.77% | 6.83% | 3.57% | -8.53% | 13.51% | 9.53% | 10.61% | 2.83% | 2.66% |
| Operating CF Growth % | -49.39% | 31.65% | 19.05% | 40.53% | 19.9% | -4.14% | -24.4% | 13.3% | 57.25% | 113.24% | 44.51% | -11.41% | -32.82% | -66.17% | 82.11% | 202.3% | -46.72% | 16.18% | -51.28% | -70.61% |
| Net Income | 162M | 101M | 59M | 82M | 106M | 69M | 75M | 95M | 150M | 67M | 58M | 86M | 30M | 14M | -577M | 92M | 96M | 32M | 144M | 21M |
| Depreciation & Amortization | 134M | 131M | 134M | 134M | 131M | 123M | 125M | 126M | 122M | 117M | 114M | 110M | 107M | 101M | 43M | 99M | 96M | 94M | 119M | 118M |
| Stock-Based Compensation | 17M | 13M | 0 | 15M | 16M | 0 | 23M | 22M | 0 | 19M | 20M | 17M | 19M | 22M | 51M | 7M | 8M | 6M | 8M | 16M |
| Deferred Taxes | 12M | 9M | 27M | 66M | 2M | 4M | 18M | 14M | 17M | 8M | 15M | 22M | -4M | -2M | 70M | 8M | 17M | 5M | 0 | -5M |
| Other Non-Cash Items | -97M | 9M | 24M | 6M | 8M | 21M | -24M | -2M | 24M | 2M | 9M | 6M | 25M | 12M | 474M | 4M | 60M | 22M | -55M | -124M |
| Working Capital Changes | -103M | -80M | -19M | 68M | -16M | -78M | -28M | 9M | -107M | -68M | 34M | -8M | -46M | -79M | 112M | 53M | -82M | 42M | -121M | 61M |
| Change in Receivables | -116M | -146M | 59M | 18M | -17M | -107M | 40M | 48M | -18M | -117M | 95M | -77M | 5M | -69M | 145M | 42M | -87M | -154M | -131M | -148M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 13M | 16M | -8M | 8M | -15M | -7M | 21M | -43M | -34M | 48M | -10M | 19M | -49M | -8M | -14M | -59M | -45M | 117M | 107M | 114M |
| Cash from Investing | -101M | -107M | -84M | -150M | -191M | -191M | -104M | -115M | -184M | -299M | -1.03B | -130M | -126M | -215M | -108M | -111M | -107M | 571M | -39M | -93M |
| Capital Expenditures | -127M | -111M | -106M | -156M | -196M | -199M | -166M | -127M | -190M | -306M | -1.04B | -139M | -131M | -224M | -127M | -112M | -119M | -123M | -101M | -77M |
| CapEx % of Revenue | 5.39% | 5.3% | 5.27% | 7.39% | 9.42% | 10.18% | 8.64% | 6.19% | 9.14% | 15.16% | 53.56% | 7.02% | 6.83% | 11.75% | -6.26% | 5.76% | 5.81% | 6.49% | 3.01% | 2.35% |
| Acquisitions | 0 | 0 | 23M | 6M | 0 | 7M | 0 | 4M | 6M | 7M | 10M | 6M | 0 | 8M | 0 | 0 | 0 | 705M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 26M | 4M | -1M | 0 | 5M | 1M | 58M | 0 | 0 | 0 | -3M | 7M | 5M | 1M | 19M | -9M | 12M | -11M | 62M | -16M |
| Cash from Financing | -223M | -147M | -154M | -111M | -44M | -27M | -167M | -24M | -2M | -29M | 833M | -36M | -26M | -10M | -156M | -33M | -649M | -24M | -52M | -534M |
| Debt Issued (Net) | 0 | -30M | -83M | -68M | -34M | 20M | -59M | -20M | -2M | -10M | 854M | -36M | -28M | 3M | -457M | -34M | -645M | -13M | -50M | -1.56B |
| Equity Issued (Net) | -70M | -30M | -68M | -47M | -10M | -47M | -108M | -4M | -2M | -15M | -7M | 0 | 0 | -12M | 0 | 0 | 0 | 0 | 0 | 384M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -70M | -30M | -68M | -47M | -10M | -47M | -108M | -4M | -2M | -15M | -7M | 0 | 0 | -12M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -153M | -87M | -3M | 4M | 0 | 0 | 0 | 0 | 2M | -4M | -14M | 0 | 2M | -1M | 301M | 1M | -4M | -11M | -2M | 638M |
| Net Change in Cash | -196M | -73M | -25M | 110M | 13M | -34M | -87M | 128M | 21M | -183M | 58M | 64M | -18M | -155M | -84M | 108M | -572M | 745M | 9M | -548M |
| Free Cash Flow | -2M | 72M | 119M | 215M | 51M | -60M | 23M | 137M | 16M | -161M | -789M | 94M | 0 | -156M | 46M | 151M | 76M | 78M | -6M | 10M |
| FCF Margin % | -0.08% | 3.44% | 5.92% | 10.18% | 2.45% | -3.07% | 1.2% | 6.67% | 0.77% | -7.98% | -40.67% | 4.75% | - | -8.18% | -2.27% | 7.76% | 3.71% | 4.12% | -0.18% | 0.31% |
| FCF Growth % | -103.92% | 220% | 417.39% | 56.93% | 218.75% | 62.73% | 102.92% | 45.74% | - | -3.21% | -1815.22% | -37.75% | -100% | -300% | 866.67% | 1410% | -75.08% | -21.21% | -105.36% | -96.98% |
| FCF per Share | -0.02 | 0.61 | 1.00 | 1.79 | 0.43 | -0.50 | 0.19 | 1.14 | 0.13 | -1.34 | -6.58 | 0.79 | - | -1.34 | 0.40 | 1.30 | 0.66 | 0.67 | -0.05 | 0.09 |
| FCF Conversion (FCF/Net Income) | 0.77x | 1.81x | 3.81x | 4.52x | 2.33x | 2.01x | 2.52x | 2.78x | 1.37x | 2.16x | 4.31x | 2.77x | 3.97x | 4.86x | -1.84x | 2.01x | 1.38x | 0.41x | 0.78x | -1.53x |
| Interest Paid | 0 | 39M | 0 | 0 | 0 | 0 | 75M | 47M | 76M | 25M | 76M | 19M | 51M | 39M | 51M | 21M | 60M | 13M | 58M | 62M |
| Taxes Paid | 0 | 4M | 0 | 0 | 0 | 0 | 19M | 39M | 29M | 3M | -2M | 18M | 15M | 3M | -44M | -7M | 68M | 3M | 10M | 31M |