{"id":987035,"date":"2026-07-30T06:49:25","date_gmt":"2026-07-30T10:49:25","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/xpo-reports-second-quarter-2026-results\/"},"modified":"2026-07-30T06:49:25","modified_gmt":"2026-07-30T10:49:25","slug":"xpo-reports-second-quarter-2026-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/xpo-reports-second-quarter-2026-results\/","title":{"rendered":"XPO Reports Second Quarter 2026 Results"},"content":{"rendered":"
\n

GREENWICH, Conn., July 30, 2026 (GLOBE NEWSWIRE) — XPO<\/a> (NYSE: XPO) today announced its financial results for the second quarter 2026. The company reported diluted earnings per share of $1.36, compared with $0.89 for the same period in 2025, and adjusted diluted earnings per share of $1.70, compared with $1.05 for the same period in 2025.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n Second Quarter 2026 Summary Results<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\n Three Months Ended June 30,<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\n Revenue<\/strong>\n <\/td>\n\u00a0<\/td>\n\n Operating Income (Loss) <\/strong>
\n
\n (1)<\/strong>
\n <\/sup>\n <\/td>\n<\/tr>\n
\n (in millions)<\/em>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2026<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2025<\/td>\n\u00a0<\/td>\nChange %<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2026<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2025<\/td>\n\u00a0<\/td>\nChange %<\/td>\n<\/tr>\n
North American Less-Than-Truckload Segment<\/td>\n\u00a0<\/td>\n$<\/td>\n1,428<\/td>\n\u00a0<\/td>\n$<\/td>\n1,240<\/td>\n\u00a0<\/td>\n15.2%<\/td>\n\u00a0<\/td>\n$<\/td>\n285<\/td>\n\u00a0<\/td>\n$<\/td>\n199<\/td>\n\u00a0<\/td>\n43.2%<\/td>\n<\/tr>\n
European Transportation Segment<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n927<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n841<\/td>\n\u00a0<\/td>\n10.2%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(6)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n11<\/td>\n\u00a0<\/td>\nNM<\/td>\n<\/tr>\n
Corporate<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n0.0%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(9)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(11)<\/td>\n\u00a0<\/td>\n-18.2%<\/td>\n<\/tr>\n
Total<\/td>\n\u00a0<\/td>\n$<\/td>\n2,355<\/td>\n\u00a0<\/td>\n$<\/td>\n2,080<\/td>\n\u00a0<\/td>\n13.2%<\/td>\n\u00a0<\/td>\n$<\/td>\n271<\/td>\n\u00a0<\/td>\n$<\/td>\n198<\/td>\n\u00a0<\/td>\n36.9%<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\n Adjusted Operating Income <\/strong>
\n
\n (2)<\/strong>
\n <\/sup>\n <\/td>\n		\u00a0<\/td>\n\n Adjusted EBITDA <\/strong>
\n
\n (1)(2)<\/strong>
\n <\/sup>\n <\/td>\n<\/tr>\n
\n (in millions)<\/em>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2026<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2025<\/td>\n\u00a0<\/td>\nChange %<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2026<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2025<\/td>\n\u00a0<\/td>\nChange %<\/td>\n<\/tr>\n
North American Less-Than-Truckload Segment<\/td>\n\u00a0<\/td>\n$<\/td>\n287<\/td>\n\u00a0<\/td>\n$<\/td>\n211<\/td>\n\u00a0<\/td>\n36.0%<\/td>\n\u00a0<\/td>\n$<\/td>\n390<\/td>\n\u00a0<\/td>\n$<\/td>\n300<\/td>\n\u00a0<\/td>\n30.0%<\/td>\n<\/tr>\n
European Transportation Segment<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n21<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n15<\/td>\n\u00a0<\/td>\n40.0%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n48<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n44<\/td>\n\u00a0<\/td>\n9.1%<\/td>\n<\/tr>\n
Corporate<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nNA<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nNA<\/td>\n\u00a0<\/td>\nNA<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(4)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(4)<\/td>\n\u00a0<\/td>\n0.0%<\/td>\n<\/tr>\n
Total<\/td>\n\u00a0<\/td>\n$<\/td>\nNA<\/td>\n\u00a0<\/td>\n$<\/td>\nNA<\/td>\n\u00a0<\/td>\nNA<\/td>\n\u00a0<\/td>\n$<\/td>\n434<\/td>\n\u00a0<\/td>\n$<\/td>\n340<\/td>\n\u00a0<\/td>\n27.6%<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\n Net Income <\/strong>
\n
\n (1)<\/strong>
\n <\/sup>\n <\/td>\n		\u00a0<\/td>\n\n Diluted EPS <\/strong>
\n
\n (1)<\/strong>
\n <\/sup>\n <\/td>\n<\/tr>\n
\n (in millions, except for per-share data)<\/em>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2026<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2025<\/td>\n\u00a0<\/td>\nChange %<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2026<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2025<\/td>\n\u00a0<\/td>\nChange %<\/td>\n<\/tr>\n
Total<\/td>\n\u00a0<\/td>\n$<\/td>\n162<\/td>\n\u00a0<\/td>\n$<\/td>\n106<\/td>\n\u00a0<\/td>\n52.8%<\/td>\n\u00a0<\/td>\n$<\/td>\n1.36<\/td>\n\u00a0<\/td>\n$<\/td>\n0.89<\/td>\n\u00a0<\/td>\n52.8%<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\n Diluted Weighted-Average Common Shares Outstanding<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n Adjusted Diluted EPS <\/strong>
\n
\n (1)(2)<\/strong>
\n <\/sup>\n <\/td>\n<\/tr>\n
\n (in millions, except for per-share data)<\/em>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2026<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2025<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2026<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2025<\/td>\n\u00a0<\/td>\nChange %<\/td>\n<\/tr>\n
Total<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n118<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n119<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1.70<\/td>\n\u00a0<\/td>\n$<\/td>\n1.05<\/td>\n\u00a0<\/td>\n61.9%<\/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>Includes gains from sales of real estate of $7 million ($9 million pre-tax) or $0.06 per diluted share in the second quarter of 2026. There were no gains from sales of real estate in the second quarter of 2025.<\/td>\n<\/tr>\n
\n (2) <\/sup>See the \u201cNon-GAAP Financial Measures\u201d section of the press release.<\/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<\/table>\n

Mario Harik, chairman and chief executive officer of XPO, said, \u201cWe accelerated our performance significantly in the second quarter, delivering 56% year-over-year growth in adjusted diluted EPS and 25% growth in adjusted EBITDA, excluding real estate gains.<\/p>\n

\u201cIn North American LTL, we increased adjusted operating income by 36% year-over-year and expanded our adjusted operating ratio by 300 basis points to a record 79.9%, strongly outperforming seasonality. Both yield and revenue per shipment, excluding fuel, improved sequentially and year-over-year, while our profitable market share gains ramped volume growth through the quarter. Underpinning these achievements is our service quality for customers, as we delivered a company-best damage claims ratio below 0.2%. On the cost side, we continued to improve labor productivity above target by implementing new AI capabilities across the network, enhancing efficiency.\u201d<\/p>\n

Harik continued, \u201cA consistently superior customer experience remains our foundation for value creation as we continue to grow the business and expand our margins. Our world-class service, combined with the investments we’ve made in our network, fleet and people are driving outperformance and accelerating free cash flow generation as freight demand strengthens.\u201d<\/p>\n

\n Second<\/strong>
\n Quarter Highlights<\/strong>\n <\/p>\n

For the second quarter 2026, the company generated revenue of $2.36 billion, compared with $2.08 billion for the same period in 2025.<\/p>\n

Operating income was $271 million for the second quarter, compared with $198 million for the same period in 2025. Net income was $162 million for the second quarter, compared with $106 million for the same period in 2025. Diluted earnings per share was $1.36 for the second quarter, compared with $0.89 for the same period in 2025.<\/p>\n

Adjusted net income, a non-GAAP financial measure, was $201 million for the second quarter, compared with $125 million for the same period in 2025. Adjusted diluted EPS, a non-GAAP financial measure, was $1.70 for the second quarter, compared with $1.05 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 $434 million for the second quarter, compared with $340 million for the same period in 2025.<\/p>\n

The company generated $308 million of cash flow from operating activities in the second\u00a0quarter and ended the quarter with $298 million of cash and cash equivalents on hand, after\u00a0completing $101 million of net capital expenditures, $70 million of common stock\u00a0repurchases and $70 million of term loan repayments.<\/p>\n

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