{"id":956385,"date":"2026-04-30T06:48:37","date_gmt":"2026-04-30T10:48:37","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/xpo-reports-first-quarter-2026-results\/"},"modified":"2026-04-30T06:48:37","modified_gmt":"2026-04-30T10:48:37","slug":"xpo-reports-first-quarter-2026-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/xpo-reports-first-quarter-2026-results\/","title":{"rendered":"XPO Reports First Quarter 2026 Results"},"content":{"rendered":"
\n

GREENWICH, Conn., April 30, 2026 (GLOBE NEWSWIRE) — XPO<\/a> (NYSE: XPO<\/a>) today announced its financial results for the first quarter 2026. The company reported diluted earnings per share of $0.85, compared with $0.58 for the same period in 2025, and adjusted diluted earnings per share of $1.01, compared with $0.73 for the same period in 2025.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n<\/tr>\n
\n First Quarter 2026 Summary Results<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\n Three Months Ended March 31,<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\n Revenue<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Operating Income (Loss)<\/strong>\n <\/td>\n<\/tr>\n
\n (in millions)<\/em>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2026<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2025<\/td>\n\u00a0<\/td>\nChange %<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2026<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2025<\/td>\n\u00a0<\/td>\nChange %<\/td>\n<\/tr>\n
North American Less-Than-Truckload Segment<\/td>\n\u00a0<\/td>\n$<\/td>\n1,229<\/td>\n\u00a0<\/td>\n$<\/td>\n1,172<\/td>\n\u00a0<\/td>\n4.9%<\/td>\n\u00a0<\/td>\n$<\/td>\n189<\/td>\n\u00a0<\/td>\n$<\/td>\n158<\/td>\n\u00a0<\/td>\n19.6%<\/td>\n<\/tr>\n
European Transportation Segment<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n868<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n782<\/td>\n\u00a0<\/td>\n11.0%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(6)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1<\/td>\n\u00a0<\/td>\nNM<\/td>\n<\/tr>\n
Corporate<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n0.0%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(9)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(9)<\/td>\n\u00a0<\/td>\n0.0%<\/td>\n<\/tr>\n
Total<\/td>\n\u00a0<\/td>\n$<\/td>\n2,096<\/td>\n\u00a0<\/td>\n$<\/td>\n1,954<\/td>\n\u00a0<\/td>\n7.3%<\/td>\n\u00a0<\/td>\n$<\/td>\n174<\/td>\n\u00a0<\/td>\n$<\/td>\n151<\/td>\n\u00a0<\/td>\n15.2%<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\n Adjusted Operating Income<\/strong>
\n
\n (1)<\/strong>
\n <\/sup>\n <\/td>\n		\u00a0<\/td>\n\n Adjusted EBITDA<\/strong>
\n
\n (1)<\/strong>
\n <\/sup>\n <\/td>\n<\/tr>\n
\n (in millions)<\/em>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2026<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2025<\/td>\n\u00a0<\/td>\nChange %<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2026<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2025<\/td>\n\u00a0<\/td>\nChange %<\/td>\n<\/tr>\n
North American Less-Than-Truckload Segment<\/td>\n\u00a0<\/td>\n$<\/td>\n198<\/td>\n\u00a0<\/td>\n$<\/td>\n165<\/td>\n\u00a0<\/td>\n20.0%<\/td>\n\u00a0<\/td>\n$<\/td>\n290<\/td>\n\u00a0<\/td>\n$<\/td>\n250<\/td>\n\u00a0<\/td>\n16.0%<\/td>\n<\/tr>\n
European Transportation Segment<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6<\/td>\n\u00a0<\/td>\n0.0%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n33<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n32<\/td>\n\u00a0<\/td>\n3.1%<\/td>\n<\/tr>\n
Corporate<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nNA<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nNA<\/td>\n\u00a0<\/td>\nNA<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(4)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(4)<\/td>\n\u00a0<\/td>\n0.0%<\/td>\n<\/tr>\n
Total<\/td>\n\u00a0<\/td>\n$<\/td>\nNA<\/td>\n\u00a0<\/td>\n$<\/td>\nNA<\/td>\n\u00a0<\/td>\nNA<\/td>\n\u00a0<\/td>\n$<\/td>\n319<\/td>\n\u00a0<\/td>\n$<\/td>\n278<\/td>\n\u00a0<\/td>\n14.7%<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\n Net Income<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Diluted EPS<\/strong>\n <\/td>\n<\/tr>\n
\n (in millions, except for per-share data)<\/em>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2026<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2025<\/td>\n\u00a0<\/td>\nChange %<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2026<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2025<\/td>\n\u00a0<\/td>\nChange %<\/td>\n<\/tr>\n
Total<\/td>\n\u00a0<\/td>\n$<\/td>\n101<\/td>\n\u00a0<\/td>\n$<\/td>\n69<\/td>\n\u00a0<\/td>\n46.4%<\/td>\n\u00a0<\/td>\n$<\/td>\n0.85<\/td>\n\u00a0<\/td>\n$<\/td>\n0.58<\/td>\n\u00a0<\/td>\n46.6%<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\n Diluted Weighted-Average Common Shares Outstanding<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Adjusted Diluted EPS<\/strong>
\n
\n (1)<\/strong>
\n <\/sup>\n <\/td>\n<\/tr>\n
\n (in millions, except for per-share data)<\/em>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2026<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2025<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2026<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2025<\/td>\n\u00a0<\/td>\nChange %<\/td>\n<\/tr>\n
Total<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n119<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n120<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1.01<\/td>\n\u00a0<\/td>\n$<\/td>\n0.73<\/td>\n\u00a0<\/td>\n38.4%<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Amounts may not add due to rounding.<\/td>\n<\/tr>\n
NM – Not meaningful<\/td>\n<\/tr>\n
NA – Not applicable<\/td>\n<\/tr>\n
\n (1)<\/sup>See the \u201cNon-GAAP Financial Measures\u201d section of the press release.<\/td>\n<\/tr>\n
\u00a0<\/td>\n<\/tr>\n<\/table>\n

Mario Harik, chairman and chief executive officer of XPO, said, \u201cWe reported a strong start to 2026, with 38% growth in adjusted diluted EPS and 15% growth in adjusted EBITDA, year-over-year. These results mark an acceleration in our performance and the momentum we\u2019re building across the business.<\/p>\n

\u201cIn North American LTL, we increased adjusted operating income by 20% year-over-year and improved our adjusted operating ratio by 200 basis points to 83.9%, significantly outperforming seasonality. This was supported by profitable market share gains and above-market pricing growth earned through continuous service improvements. We reduced our damage claims ratio to less than 0.2%, with damages at a record low. And we surpassed our productivity targets by leveraging AI to operate our network more efficiently.\u201d<\/p>\n

Harik concluded, \u201cWe\u2019re continuing to deliver robust incremental margins and industry-leading operating ratio improvement, with the greatest upside still ahead. We have a clear path to compounding earnings growth and accelerating free cash flow generation, with returns amplified as freight demand recovers.”<\/p>\n

\n First\u00a0<\/strong>
\n Quarter Highlights<\/strong>\n <\/p>\n

For the first quarter 2026, the company generated revenue of $2.10 billion, compared with $1.95 billion for the same period in 2025.<\/p>\n

Operating income was $174 million for the first quarter, compared with $151 million for the same period in 2025. Net income was $101 million for the first quarter, compared with $69 million for the same period in 2025. Diluted earnings per share was $0.85 for the first\u00a0quarter, compared with $0.58 for the same period in 2025.<\/p>\n

Adjusted net income, a non-GAAP financial measure, was $121 million for the first quarter, compared with $87 million for the same period in 2025. Adjusted diluted EPS, a non-GAAP financial measure, was $1.01 for the first quarter, compared with $0.73 for the same period in 2025.<\/p>\n

Adjusted earnings before interest, taxes, depreciation and amortization (\u201cadjusted EBITDA\u201d), a non-GAAP financial measure, was $319 million for the first quarter, compared with $278 million for the same period in 2025.<\/p>\n

The company generated $183 million of cash flow from operating activities in the first quarter and ended the quarter with $237 million of cash and cash equivalents on hand, after completing $104 million of net capital expenditures, $30 million of common stock repurchases, and $30 million of term loan repayments.<\/p>\n

\n Results by Business Segment<\/strong>
\n \n <\/p>\n