XPO Logistics, Inc. (XPO) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q2'21 |
|---|
| Sales/Revenue | 2.1B | 2.01B | 2.11B | 2.08B | 1.95B | 1.92B | 2.05B | 2.08B | 2.02B | 1.94B | 1.98B | 1.92B | 1.91B | -2.03B | 1.95B | 2.05B | 1.89B | 3.36B | 3.27B | 3.19B |
| Revenue Growth % | 7.27% | 4.63% | 2.83% | 0.05% | -3.17% | -0.93% | 3.69% | 8.45% | 5.82% | 195.61% | 1.75% | -6.35% | 0.69% | -160.37% | -40.49% | -35.75% | -36.63% | -27.95% | 22.24% | -9.02% |
| Cost of Goods Sold | 1.86B | 1.78B | 1.84B | 1.81B | 1.75B | 1.74B | 1.81B | 1.81B | 1.8B | 1.74B | 1.76B | 1.72B | 1.75B | -1.6B | 1.74B | 1.81B | 1.75B | 2.85B | 2.79B | 2.66B |
| COGS % of Revenue | 88.6% | 88.41% | 87.16% | 87.12% | 89.41% | 90.27% | 88.02% | 87.25% | 89.3% | 89.74% | 88.99% | 89.93% | 91.61% | 79.1% | 89.57% | 88.28% | 92.24% | 84.86% | 85.32% | 83.62% |
| Gross Profit | 239M | 233M | 271M | 268M | 207M | 187M | 246M | 265M | 216M | 199M | 218M | 193M | 160M | -424M | 203M | 240M | 147M | 509M | 480M | 522M |
| Gross Margin % | 11.4% | 11.59% | 12.84% | 12.88% | 10.59% | 9.73% | 11.98% | 12.75% | 10.7% | 10.26% | 11.01% | 10.07% | 8.39% | 20.9% | 10.43% | 11.72% | 7.76% | 15.14% | 14.68% | 16.38% |
| Gross Profit Growth % | 15.46% | 24.6% | 10.16% | 1.13% | -4.17% | -6.03% | 12.84% | 37.31% | 35% | 146.93% | 7.39% | -19.58% | 8.84% | -183.3% | -57.71% | -54.02% | -69.57% | -31.59% | 19.11% | 6.31% |
| Operating Expenses | 55M | 71M | 64M | 70M | 56M | 38M | 70M | 68M | 78M | 80M | 64M | 86M | 102M | 239M | 64M | 69M | 84M | 335M | 368M | 331M |
| OpEx % of Revenue | 2.62% | 3.53% | 3.03% | 3.37% | 2.87% | 1.98% | 3.41% | 3.27% | 3.87% | 4.12% | 3.23% | 4.49% | 5.35% | -11.78% | 3.29% | 3.37% | 4.44% | 9.97% | 11.25% | 10.39% |
| Selling, General & Admin | 55M | 49M | 43M | 40M | 35M | 29M | 33M | 33M | 38M | 38M | 39M | 46M | 44M | -288M | 41M | 48M | 56M | 321M | 339M | 324M |
| SG&A % of Revenue | 2.62% | 2.44% | 2.04% | 1.92% | 1.79% | 1.51% | 1.61% | 1.59% | 1.88% | 1.96% | 1.97% | 2.4% | 2.31% | 14.19% | 2.11% | 2.34% | 2.96% | 9.55% | 10.37% | 10.17% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 184M | 162M | 207M | 198M | 151M | 149M | 176M | 197M | 138M | 119M | 154M | 107M | 58M | -663M | 139M | 171M | 63M | 174M | 112M | 191M |
| Operating Margin % | 8.78% | 8.06% | 9.81% | 9.52% | 7.73% | 7.75% | 8.57% | 9.48% | 6.84% | 6.13% | 7.78% | 5.58% | 3.04% | 32.68% | 7.14% | 8.35% | 3.33% | 5.18% | 3.43% | 6% |
| Operating Income Growth % | 21.85% | 8.72% | 17.61% | 0.51% | 9.42% | 25.21% | 14.29% | 84.11% | 137.93% | 117.95% | 10.79% | -37.43% | -7.94% | -481.03% | 24.11% | -10.47% | -54.68% | -23.68% | 2.75% | 235.46% |
| EBITDA | 315M | 295M | 341M | 329M | 274M | 274M | 302M | 319M | 255M | 233M | 264M | 214M | 159M | -620M | 238M | 267M | 157M | 293M | 230M | 311M |
| EBITDA Margin % | 15.03% | 14.67% | 16.15% | 15.82% | 14.02% | 14.26% | 14.71% | 15.34% | 12.64% | 12.01% | 13.33% | 11.16% | 8.34% | 30.56% | 12.23% | 13.04% | 8.29% | 8.72% | 7.03% | 9.76% |
| EBITDA Growth % | 14.96% | 7.66% | 12.91% | 3.13% | 7.45% | 17.6% | 14.39% | 49.07% | 60.38% | 137.58% | 10.92% | -19.85% | 1.27% | -311.6% | 3.48% | -14.15% | -39.15% | -30.57% | 0.88% | 465.45% |
| D&A (Non-Cash Add-back) | 131M | 133M | 134M | 131M | 123M | 125M | 126M | 122M | 117M | 114M | 110M | 107M | 101M | 43M | 99M | 96M | 94M | 119M | 118M | 120M |
| EBIT | 184M | 144M | 166M | 199M | 147M | 154M | 191M | 203M | 148M | 120M | 158M | 87M | 63M | -665M | 154M | 158M | 77M | 188M | 85M | 201M |
| Net Interest Income | -53M | -53M | -54M | -56M | -56M | -53M | -56M | -56M | -58M | -42M | -41M | -43M | -42M | -32M | -35M | -31M | -37M | -35M | -53M | -58M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 53M | 53M | 54M | 56M | 56M | 53M | 56M | 56M | 58M | 42M | 41M | 43M | 42M | 32M | 35M | 31M | 37M | 35M | 53M | 58M |
| Other Income/Expense | -60M | -71M | -95M | -55M | -60M | -48M | -41M | -50M | -48M | -41M | -37M | -63M | -37M | -34M | -20M | -44M | -23M | -21M | -80M | -48M |
| Pretax Income | 124M | 91M | 112M | 143M | 91M | 101M | 135M | 147M | 90M | 78M | 117M | 44M | 21M | -697M | 119M | 127M | 40M | 153M | 32M | 143M |
| Pretax Margin % | 5.92% | 4.53% | 5.31% | 6.88% | 4.66% | 5.25% | 6.58% | 7.07% | 4.46% | 4.02% | 5.91% | 2.3% | 1.1% | 34.35% | 6.12% | 6.2% | 2.11% | 4.55% | 0.98% | 4.49% |
| Income Tax | 23M | 32M | 30M | 37M | 22M | 26M | 40M | -3M | 23M | 20M | 31M | 13M | 4M | -120M | 27M | 31M | 8M | 27M | 11M | 30M |
| Effective Tax Rate % | 18.55% | 35.16% | 26.79% | 25.87% | 24.18% | 25.74% | 29.63% | -2.04% | 25.56% | 25.64% | 26.5% | 29.55% | 19.05% | 17.22% | 22.69% | 24.41% | 20% | 17.65% | 34.38% | 20.98% |
| Net Income | 101M | 59M | 82M | 106M | 69M | 75M | 95M | 150M | 67M | 58M | 84M | 33M | 14M | -94M | 131M | 141M | 488M | 122M | -57M | 156M |
| Net Margin % | 4.82% | 2.93% | 3.88% | 5.1% | 3.53% | 3.9% | 4.63% | 7.22% | 3.32% | 2.99% | 4.24% | 1.72% | 0.73% | 4.63% | 6.73% | 6.89% | 25.77% | 3.63% | -1.74% | 4.9% |
| Net Income Growth % | 46.38% | -21.33% | -13.68% | -29.33% | 2.99% | 29.31% | 13.1% | 354.55% | 378.57% | 161.7% | -35.88% | -76.6% | -97.13% | -177.05% | 329.82% | -9.62% | 324.35% | -2.4% | -161.29% | 219.08% |
| Net Income (Continuing) | 101M | 59M | 82M | 106M | 69M | 75M | 95M | 150M | 67M | 58M | 86M | 31M | 17M | -577M | 92M | 96M | 32M | 126M | 21M | 113M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | 1000K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40M |
| EPS (Diluted) | 0.85 | 0.50 | 0.68 | 0.89 | 0.57 | 0.63 | 0.79 | 1.25 | 0.56 | 0.48 | 0.71 | 0.28 | 0.12 | -0.81 | 1.13 | 1.22 | 4.21 | 1.05 | -0.49 | 1.38 |
| EPS Growth % | 49.12% | -20.63% | -13.92% | -28.8% | 1.79% | 31.25% | 11.27% | 346.43% | 366.67% | 159.26% | -37.17% | -77.05% | -97.15% | -177.14% | 330.61% | -11.59% | 312.75% | 15.38% | -159.04% | 195.83% |
| EPS (Basic) | 0.86 | 0.50 | 0.69 | 0.90 | 0.59 | 0.65 | 0.82 | 1.29 | 0.58 | 0.50 | 0.72 | 0.28 | 0.12 | -0.81 | 1.14 | 1.23 | 4.24 | 1.06 | -0.50 | 1.39 |
| Diluted Shares Outstanding | 119M | 119M | 120M | 119M | 120M | 120M | 120M | 120M | 120M | 120M | 119M | 118M | 116M | 115M | 116M | 116M | 116M | 116M | 116M | 113M |
| Basic Shares Outstanding | 117M | 117M | 118M | 118M | 117M | 116M | 116M | 116M | 116M | 116M | 116M | 116M | 116M | 115M | 115M | 115M | 115M | 115M | 115M | 112M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |